NOT LISTED FOR SALE

58 Overlook Place Newburgh, NY 12550

Estimated Value: $339,000 - $393,000

4 Beds
2 Baths
1,522 Sq Ft
$236/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $290,000 $191 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,790/month

41 Days on Market

Highlights

  • The property is located in a historic district
  • Property is near public transit
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Porch

About This Home

As of December 2021

Fabulous 2 story home in the city of Newburgh historical district. This well kept home features a unique front entryway with extra wide pocket door. Unit one has 1 bedroom that could be converted back to 2, additional all season sunroom off the kitchen and deck leading to the private fenced in yard. Hardwood floors and spacious living room with large windows. Upstairs you will find a large eat in kitchen and living room with marble fireplace. A primary bedroom with an additional room that can be used as nursery/dressing room or another bedroom and office/den/3rd bedroom down the hall. A walkup attic completes the space for extra room and storage. The basement was once used as additional living space, can be restored or used as storage. Can be used as 2 separate apartments or converted into a beautiful one family home. This is a great building! Call today for your private showing!

Last Agent to Sell the Property

Patricia Lucey

Picture It Sold, LLC License #10401296566 Listed on: 08/11/2021

Picture It Sold, LLC

Co-Listed By

Angela Danosky

Picture It Sold, LLC License #10491212924

Last Buyer's Agent

Lorna Sherland

Success Power Brokers License #10491201227

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,497

Year Built

  • Built in 1890

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Level Lot

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,522 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Entrance Foyer
  • Storage
  • Home Security System
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Deck
  • 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
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 331100.045.000-0007-028.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,497

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1890
  • Attribution Contact: 888-276-0630
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer, Pantry, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 1522.00
  • Square Footage: 1522.00

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Patio and Porch Features: Deck, Porch

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Oil, Steam
  • Hot Water: Gas Stand Alone
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Historic District, Level, Near Public Transit
  • Parcel Number: 331100.045.000-0007-028.000/0000
  • Property Attached: Yes

Tax Info

  • Close Date: 2021-12-15
  • Tax Annual Amount: 4497.00
  • Tax Map Number: 331100.045.000-0007-028.000/0000

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 2

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
Aug 11, 2021
Closed on
Dec 15, 2021
Sold by
Foti Thomas J
Bought by
Lalone Eric J
Seller's Agent
Patricia Lucey
Picture It Sold, LLC
Buyer's Agent
Lorna Sherland
Success Power Brokers
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%
Current Estimated Value
$359,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,562
Avg. Annual Appreciation
5.16%
Original Mortgage
$232,000
Interest Rate
3.11%
Mortgage Type
Commercial
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
Lalone Eric J $290,000 None Available
Lalone Eric J $290,000 None Available
Lalone Eric J $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lalone Eric J $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $290,000 -10.8% $191 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $325,000 -- $214 / 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
2023 $9,849 $298,000 $23,200 $274,800
2022 $7,717 $180,600 $11,200 $169,400
2021 $7,020 $150,500 $10,200 $140,300
2020 $4,119 $127,500 $10,200 $117,300
2019 $2,086 $88,900 $10,200 $78,700
2018 $2,086 $88,900 $10,900 $78,000
2017 $3,033 $78,700 $10,900 $67,800
2016 $3,029 $77,700 $10,900 $66,800
2015 -- $81,800 $10,900 $70,900
2014 -- $81,800 $10,900 $70,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6136530

OneKey® MLS

APN: 331100-045-000-0007-028.000-0000