NOT LISTED FOR SALE

56 Benkard Ave Newburgh, NY 12550

Estimated Value: $363,000 - $449,000

4 Beds
2 Baths
2,280 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $260,000 $114 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,484/month

119 Days on Market

Highlights

  • Water Access
  • Property is near public transit
  • Wood Flooring
  • The property is located in a historic district
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of January 2020

Newly Renovated Building!!! Good Income and beautiful apartments; On the beginning of the Renaissance. BE A PART OF NEWBURGH'S GREAT COME BACK!!!! Brick 2 Family House, a Great Value. Nothing to do but move-in or start receiving income. All Tenants pay their utilities...... Will not Last. Near all the Shops, Art Galleries and the River Cafes. Also within walking distance to the Ferry for Commuting and George Washington's HQ.

Last Agent to Sell the Property

Serena Johnson

eXp Realty Brokerage Phone: 845-562-0050 License #10401273257 Listed on: 08/14/2019

eXp Realty

Last Buyer's Agent

Laura Lacertosa

Century 21 Alliance Rlty Group License #10401283892

Century 21 Alliance Rlty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1890 | Remodeled in 2019

Lot Details

  • 1,599 Sq Ft Lot
  • Two or More Common Walls
  • Stone Wall

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,280 Sq Ft Home
  • Cathedral Ceiling
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Water Access
  • Porch

Location

  • Property is near public transit
  • The property is located in a historic district

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 cooking gas, electricity, heat
  • Assessor Parcel Number 331100.045.000-0003-018.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,500

Year Built

Built in 1890 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1890
  • Year Built Effective: 2019
  • Attribution Contact: 845-562-0050
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 2280
  • Owner Pays: Insurance
  • SquareFootage: 2280.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: Water Access
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: No Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: On Demand
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 1000
  • Trash Expense: 500

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.0367
  • Lot Size Sq Ft: 1599
  • Lot Size Units: Acres
  • Lot Features: Historic District, Stone/Brick Wall, Near Public Transit
  • Parcel Number: 331100.045.000-0003-018.000/0000
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 3500
  • Tax Map Number: 331100.045.000-0003-018.000/0000

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
Jun 10, 2019
Sold by
Torres Justin
Bought by
Solis Jonathan
Current Estimated Value
$398,718

Purchase Details

Closed on
May 31, 2018
Sold by
Torres Justin
Bought by
Torres Justin and Solis Jonathan

Purchase Details

Closed on
Aug 30, 2017
Sold by
The City Of Newburgh
Bought by
Torres Justin

Purchase Details

Closed on
Nov 30, 2005
Sold by
Rpr Management Llc
Bought by
Paige Jason

Purchase Details

Closed on
Jan 21, 2005
Sold by
Lombardi Marc
Bought by
Rpr Management Llc

Purchase Details

Closed on
Aug 1, 2001
Sold by
Lombardi Marc
Bought by
Colon Raphael and Colon Anthony

Purchase Details

Closed on
Dec 23, 1999
Sold by
Nhdv Equities Inc
Bought by
Lombardi Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
8.24%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Solis Jonathan $31,000 Investors Title
Torres Justin -- --
Torres Justin $9,000 --
Paige Jason $200,000 Bill Shilling
Rpr Management Llc $100,000 Joseph Saffopto
Colon Raphael $60,000 --
Lombardi Marc $78,000 --
Nhdv Equities Inc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nhdv Equities Inc $54,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $260,000 0.0% $114 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
10/31/2019 10/31/19 Price Changed $260,000 0.0% $114 / Sq Ft
10/31/2019 10/31/19 For Sale $260,000 -1.9% $114 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $265,000 -- $116 / 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 $11,998 $363,000 $15,700 $347,300
2023 $11,998 $363,000 $15,700 $347,300
2022 $12,763 $298,700 $7,700 $291,000
2021 $11,611 $248,900 $7,000 $241,900
2020 $5,644 $210,900 $7,000 $203,900
2019 $675 $28,700 $7,000 $21,700
2018 $675 $28,700 $7,400 $21,300
2017 $1,456 $28,700 $7,400 $21,300
2016 $839 $29,700 $7,400 $22,300
2015 -- $31,300 $7,400 $23,900
2014 -- $82,800 $7,400 $75,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY5022820

OneKey® MLS

APN: 331100-045-000-0003-018.000-0000