NOT LISTED FOR SALE

449 1st St Newburgh, NY 12550

Estimated Value: $499,000 - $552,000

7 Beds
3.5 Baths
3,092 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $330,000 $107 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,922/month

203 Days on Market

Highlights

  • 1 Acre Lot
  • Eat-In Kitchen
  • Level Lot
  • 4 Car Detached Garage
  • Hot Water Heating System

About This Home

As of June 2021

INVESTORS LUCKY FIND - Unlimited possibilities in this 3 Family home with 10 bay Garages plus additional shed storage in a central City of Newburgh location! This property can be accessed from 2 streets - First St. and Van Ness St.- A rare find in the city on nearly an 1 acre in a level private setting surrounded by mature trees offering plenty of outdoor living - Perfect investor property or an opportunity to live in one unit and rent other 2 with all the garages. All apartments and garages are rented with long term tenants - rents are undervalued. This property offers all municipal services water , sewer and natural gas. Perfect location for shopping, schools and major highways - Close to Newburgh Beacon Bridge , Rt 84, Thruway and Rt. 9W to West Point.

Last Agent to Sell the Property

Daniel Clarino

RE/MAX Benchmark Realty Group License #10311200397 Listed on: 10/23/2020

RE/MAX Benchmark Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,832

Year Built

  • Built in 1920

Lot Details

  • 1 Acre Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Detached Garage
  • Driveway
  • Parking Lot

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3,092 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

  • Magnet Sch Of Math Science & Design Elementary School
  • Newburgh Free Academy High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 331100.027.000-0001-017.000/0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,832

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 845-565-0004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Bilco Door(s)
  • Total Bedrooms: 7
  • Living Area: 3092.00
  • Square Footage: 3092.00

Exterior Features

  • Construction Materials: Frame, Aluminum Siding

Garage/Parking

  • Total Parking Spaces: 10.00
  • Attached Garage: No
  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Description: Detached, 4+ Car Detached, Driveway, Garage, Parking Lot

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1330.00

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 331100.027.000-0001-017.000/0000
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-04-22
  • Tenant Pays: See Remarks

Tax Info

  • Close Date: 2021-06-21
  • Tax Annual Amount: 9832.00
  • Tax Map Number: 331100.027.000-0001-017.000/0000

Multi Family

  • Fuel Expense: 8128.00
  • Units Total: 3
  • Two Bedrooms: 2
  • Three Bedrooms: 1
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Magnet Sch of Math Science & Design
  • High School: Newburgh Free Academy
  • Middle School District: Newburgh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Jun 21, 2021
Sold by
Clarino Frank J and Clarino Judith L
Bought by
Hudson Visionary Dev Llc
Seller's Agent
Daniel Clarino
RE/MAX Benchmark Realty Group
List Price
$399,900
Sold Price
$330,000
Premium/Discount to List
-$69,900
-17.48%
Current Estimated Value
$570,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,333
Avg. Annual Appreciation
10.75%

Purchase Details

Closed on
Dec 26, 2000
Sold by
Clarino Julia
Bought by
Clarino Julia and Clarino Frank J

Purchase Details

Closed on
Aug 19, 1997
Sold by
Clarino Julia
Bought by
Clarino Julia and Flory Judith
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hudson Visionary Dev Llc $330,000 None Available
Clarino Julia -- --
Clarino Julia -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $330,000 0.0% $107 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/22/2021 04/22/21 Off Market $330,000 -- --
03/31/2021 03/31/21 Price Changed $360,000 -10.0% $116 / Sq Ft
10/23/2020 10/23/20 For Sale $399,900 -- $129 / Sq Ft
Source: OneKey® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,742 $698,500 $88,100 $610,400
2023 $10,742 $325,000 $88,100 $236,900
2022 $14,152 $331,200 $32,700 $298,500
2021 $12,875 $276,000 $29,700 $246,300
2020 $9,767 $240,000 $29,700 $210,300
2019 $4,378 $186,300 $29,700 $156,600
2018 $4,378 $186,300 $34,100 $152,200
2017 $9,449 $186,300 $34,100 $152,200
2016 $10,211 $197,400 $34,100 $163,300
2015 -- $197,400 $34,100 $163,300
2014 -- $197,400 $34,100 $163,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6079013

OneKey® MLS

APN: 331100-027-000-0001-017.000-0000