NOT LISTED FOR SALE

506 Cortland Dr Unit 5F Newburgh, NY 12550

Estimated Value: $176,000 - $200,000

2 Beds
1 Bath
850 Sq Ft
$277/mo HOA Fee

Last Sold February 07, 2022

Last sale price $131,000 $154 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,482/month

181 Days on Market

Highlights

  • Property is near public transit
  • Community Pool
  • 1-Story Property
  • End Unit
  • Park
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

Beautifully renovated and upgraded second floor 2 Bedroom condo in move-in condition just waiting to be appreciated. Newly painted and carpeted, with upgraded galley kitchen and tile bath. End unit, with enclosed front porch. Quiet setting but convenient to Route 9W, quick access to I-84 and Thruway. Shopping, restaurants and the Newburgh waterfront just minutes away. Plenty of outdoor recreation opportunities nearby. Marlboro schools. Low taxes and HOA fees make this an affordable gem. Check out our virtual 3D walkthrough tour link - it's like being there.

Last Agent to Sell the Property

Joe Kuhl

River Realty Services, Inc. License #10301220943 Listed on: 06/04/2021

Co-Listed By

Melissa Terman

River Realty Services, Inc. License #10401203375

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,220

Year Built

  • Built in 1978 | Remodeled in 2021

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $277 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • No Attic

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Assigned Parking

Location

  • Property is near public transit

Schools

  • Marlboro Middle School
  • Marlboro Central High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Heating Zone
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334600.112.000-0001-001.000/0038

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, snow removal, trash
  • Spinnaker Association
  • Parr Valley Community
  • Parr Valley Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Park
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,220

Year Built

Built in 1978 | Remodeled in 2021

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Apartment
  • Property SubType: Condominium
  • Levels: One
  • Subdivision Name: Parr Valley
  • Development Name: Parr Valley
  • Year Built: 1978
  • Year Built Effective: 2021
  • Attribution Contact: 914-762-2500
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2021

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Living Area Units: Square Feet
  • Attic Description: None
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: None
  • Inclusions: Chandelier(s), Dishwasher, Refrigerator
  • Entry Level: 2
  • Total Bedrooms: 2
  • Living Area: 850.00
  • Square Footage: 850.00

Exterior Features

  • Exterior Features: Tennis Court(s)

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Assigned, Common

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric, Forced Air
  • Hot Water: Electric Stand Alone
  • Laundry Features: Common Area
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Snow Removal, Trash
  • Management: Spinnaker
  • Association Fee: 277.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Association/Amenities

  • Community Features: Pool, Trash Collection, Park

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Marlboro Middle School
  • High School: Marlboro Central High School
  • Middle School: Marlboro Middle School

Lot Info

  • Location Description: End
  • Lot Size Acres: 0.1100
  • Lot Size Area: 0.1100
  • Lot Size Sq Ft: 4792.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 334600.112.000-0001-001.000/0038
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: Call
  • Renting Allowed: Yes

Tax Info

  • Close Date: 2022-02-07
  • Tax Annual Amount: 3220.00
  • Tax Map Number: 334600.112.000-0001-001.000/0038

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Marlboro Central High School
  • Middle School District: Marlboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Feb 2, 2022
Sold by
Capc Usa Fund 1 Llc
Bought by
Montano-Arevalo Maria D
Seller's Agent
Joe Kuhl
River Realty Services, Inc.
List Price
$139,500
Sold Price
$131,000
Premium/Discount to List
-$8,500
-6.09%
Current Estimated Value
$188,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,866
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Nov 30, 2020
Sold by
Njcc Nys Community Rstrtn
Bought by
Capc Usa Fund 1 Llc

Purchase Details

Closed on
Jan 29, 2020
Sold by
Zupawik Gregory J and Caruso Marissa
Bought by
Njcc Nys Community Restor

Purchase Details

Closed on
Oct 28, 2005
Sold by
Gudat John
Bought by
Zurawik Gregory J
Source: Public Records

Range of Values:

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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
Montano-Arevalo Maria D $131,000 Old Republic Title
Capc Usa Fund 1 Llc $42,826 None Available
Njcc Nys Community Restor $85,000 None Available
Zurawik Gregory J $157,000 William N. Cloonan
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Sold $131,000 +0.8% $154 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
10/29/2021 10/29/21 Price Changed $129,999 -6.8% $153 / Sq Ft
10/18/2021 10/18/21 For Sale $139,500 0.0% $164 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $139,500 -- $164 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

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 $2,431 $21,400 $3,500 $17,900
2023 $2,427 $21,400 $3,500 $17,900
2022 $2,509 $21,400 $3,500 $17,900
2021 $2,713 $21,400 $3,500 $17,900
2020 $3,220 $21,400 $3,500 $17,900
2019 $4,905 $21,400 $3,500 $17,900
2018 $4,905 $21,400 $3,500 $17,900
2017 $2,447 $21,400 $3,500 $17,900
2016 $2,394 $21,400 $3,500 $17,900
2015 -- $21,400 $3,500 $17,900
2014 -- $21,400 $3,500 $17,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6121476

OneKey® MLS

APN: 334600-112-000-0001-001.000-0038