Seller's Agent in 2020
Gina De Cerbo
RE/MAX Benchmark Realty Group
(914) 213-3363
81 in this area
164 Total Sales
50 Downing Ave Newburgh, NY 12550
Estimated Value: $1,089,257 - $1,466,000
4
Beds
5
Baths
4,018
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- 1.7 Acre Lot
- Private Lot
- Wood Flooring
- Colonial Architecture
- Cathedral Ceiling
- 2 Fireplaces
About This Home
As of October 2020Built in the 1800's and lovingly nurtured and updated for more than 100 years, this Balmville manor sits on a manicured, 1.7-acre estate complete with 4 car heated garage with studio/office flex space above. Masterfully updated, this home easily blends modern conveniences and comforts with the architectural flourishes and hand-built craftsmanship of yesteryear. Among the striking features of this 4,000-square-foot home are multiple verandas; top-of-the-line finishes and materials abound - Mahogany paneled Family Room / Library and Barroom; Master Bedroom Suite with Dressing Room and sunken Bath, custom chef's kitchen with prep area - triple sink,2 refrigerators, 2 dishwasher, Viking stove and double oven. Climate controlled wine cellar and state of the art mechanicals.One of Newburgh's finest homes, this historic treasure offers a private, family enclave just 60 miles north of NYC. Included in this sale 8 Fairview Lane located directly to the rear of this home.
Last Agent to Sell the Property
RE/MAX Benchmark Realty Group License #30DE0789343 Listed on: 09/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,900
Year Built
- Built in 1922 | Remodeled in 1998
Lot Details
- 1.7 Acre Lot
- Private Lot
- Level Lot
- Sprinkler System
Parking
- 4 Car Detached Garage
Home Design
- Colonial Architecture
- Frame Construction
- Wood Siding
Interior Spaces
- 4,018 Sq Ft Home
- 2-Story Property
- Wet Bar
- Cathedral Ceiling
- 2 Fireplaces
- Entrance Foyer
- Formal Dining Room
- Unfinished Basement
- Partial Basement
- Scuttle Attic Hole
- Home Security System
Kitchen
- Eat-In Kitchen
- Oven
- Microwave
- Dishwasher
- Wine Cooler
- Granite Countertops
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Powder Room
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Patio
- Outbuilding
- Porch
Schools
- Magnet Sch Of Math Science & Design Elementary School
- Newburgh Free Academy High School
Utilities
- Central Air
- 6 Heating Zones
- Heating System Uses Steam
- Heating System Uses Propane
- Natural Gas Water Heater
- Septic Tank
Community Details
- Park
Listing and Financial Details
- Assessor Parcel Number 334600.083.000-0002-019.100/0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2020
Closed on
Oct 26, 2020
Sold by
Vernon Russell O and Vernon Joanne M
Bought by
Cheng Eric B and Sheikh Aneesa M
Seller's Agent
Gina De Cerbo
RE/MAX Benchmark Realty Group
Buyer's Agent
Dana Duncan
Houlihan Lawrence Inc.
List Price
$825,000
Sold Price
$825,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,564
Avg. Annual Appreciation
9.01%
Purchase Details
Closed on
Feb 28, 2017
Sold by
Tallardy Iii. Charles C
Bought by
Vernon Russell O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,012
Interest Rate
3.41%
Mortgage Type
VA
Purchase Details
Closed on
Oct 6, 2009
Sold by
Tallardy Charles
Bought by
Tallardy Charles
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cheng Eric B | $825,000 | None Available | |
| Vernon Russell O | $660,000 | M. Justin Rider | |
| Tallardy Charles | -- | Richard J Drake |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vernon Russell O | $325,012 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/26/2020 10/26/20 | Sold | $825,000 | -29.8% | $205 / Sq Ft |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- |
| 10/05/2020 10/05/20 | Price Changed | $1,175,000 | +42.4% | $292 / Sq Ft |
| 10/05/2020 10/05/20 | For Sale | $825,000 | 0.0% | $205 / Sq Ft |
| 09/21/2020 09/21/20 | Off Market | $825,000 | -- | -- |
| 09/09/2020 09/09/20 | For Sale | $825,000 | -- | $205 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $17,949 | $166,050 | $23,500 | $142,550 |
| 2023 | $17,949 | $166,050 | $23,500 | $142,550 |
| 2022 | $18,456 | $166,050 | $23,500 | $142,550 |
| 2021 | $18,538 | $166,050 | $23,500 | $142,550 |
| 2020 | $16,903 | $156,000 | $23,500 | $132,500 |
| 2019 | $5,326 | $156,000 | $23,500 | $132,500 |
| 2018 | $5,326 | $156,000 | $23,500 | $132,500 |
| 2017 | $17,688 | $156,000 | $23,500 | $132,500 |
| 2016 | $17,362 | $156,000 | $23,500 | $132,500 |
| 2015 | -- | $156,000 | $23,500 | $132,500 |
| 2014 | -- | $156,000 | $23,500 | $132,500 |
Source: Public Records
Agents Affiliated with this Home
-
Gina De Cerbo
-
Daniel Clarino
Seller Co-Listing Agent in 2020
Daniel Clarino
RE/MAX Benchmark Realty Group
(914) 213-3777
5 in this area
7 Total Sales
-
Dana Duncan
Buyer's Agent in 2020
Dana Duncan
Houlihan Lawrence Inc.
(845) 453-5749
35 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY6068917
APN: 334600-083-000-0002-019.100-0000
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