NOT LISTED FOR SALE

55 Benkard Ave Newburgh, NY 12550

Estimated Value: $386,000 - $484,000

6 Beds
3 Baths
2,702 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 06, 2013

Last sale price $53,000 $20 Per Sq Ft

Est. 702% increase in value since last sale

Current estimated payment $3,217/month

28 Days on Market

About This Home

As of February 2013

New roof to be installed, all new windows, 4 separate electric meters an 4 gas meters all new. New 3 separate furnaces and 3 water heaters. A nice flat fenced in back yard. New baseboard heat in each apartment. Floors redone and new kitchens. owner anxious.

Last Agent to Sell the Property

Carole Doughty

John J Lease REALTORS Inc Brokerage Phone: 845-565-2800 License #40DO0844457 Listed on: 12/10/2012

Last Buyer's Agent

Carole Doughty

John J Lease REALTORS Inc Brokerage Phone: 845-565-2800 License #40DO0844457 Listed on: 12/10/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880 | Remodeled in 2010

Lot Details

  • 3,049

Home Design

  • 2,702 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, heat
  • Assessor Parcel Number 331100.045.000-0013-002.000/0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1880 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1880
  • Year Built Effective: 2010
  • Attribution Contact: 845-565-2800
  • Village: None
  • Hamlet: Newburgh City
  • MaintenanceRepairsExpense: 0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2702
  • Owner Pays: Insurance
  • SquareFootage: 2702.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Parcel Number: 331100.045.000-0013-002.000/0000

Rental Info

  • Tenant Pays: Gas, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 7349
  • Tax Map Number: 331100.045.000-0013-002.000/0000

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

Closed on
May 21, 2013
Sold by
Rabess Joseph
Bought by
Rabess Douglas
Current Estimated Value
$425,000

Purchase Details

Listed on
Dec 10, 2012
Closed on
Mar 1, 2013
Sold by
Bruzzese John
Bought by
Rabess Joseph
Seller's Agent
Carole Doughty
John J Lease REALTORS Inc
Buyer's Agent
Carole Doughty
John J Lease REALTORS Inc
List Price
$79,900
Sold Price
$53,000
Premium/Discount to List
-$26,900
-33.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.77%

Purchase Details

Closed on
Oct 1, 2001
Sold by
Mozgiel Edward
Bought by
Herasme Reynaldo and Bruzzese John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,375
Interest Rate
9%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rabess Douglas $53,000 Joseph Saffioti
Rabess Joseph $53,000 Joseph Saffioti
Herasme Reynaldo $67,500 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herasme Reynaldo $57,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2013 02/06/13 Sold $53,000 -33.7% $20 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $79,900 -- $30 / 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 $11,899 $360,000 $25,800 $334,200
2023 $11,899 $360,000 $25,800 $334,200
2022 $9,888 $231,400 $12,200 $219,200
2021 $8,994 $192,800 $11,100 $181,700
2020 $6,360 $163,400 $11,100 $152,300
2019 $4,889 $99,400 $11,100 $88,300
2018 $4,889 $99,400 $12,100 $87,300
2017 $3,211 $82,200 $12,100 $70,100
2016 $2,992 $77,000 $12,100 $64,900
2015 -- $81,000 $12,100 $68,900
2014 -- $90,000 $12,100 $77,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Carole Doughty

    John J Lease REALTORS Inc

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Map

Source: OneKey® MLS

MLS Number: KEY536983

OneKey® MLS

APN: 331100-045-000-0013-002.000-0000

New York Orange County Newburgh 12550

55 Benkard Ave, Newburgh, NY

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