NOT LISTED FOR SALE

586 Grand Ave Newburgh, NY 12550

Estimated Value: $649,000 - $675,000

5.3 Acres
$124,905 Price per Acre
230,868 Sq Ft Lot

Last Sold August 18, 2021

Last sale price $510,000

Est. 30% increase in value since last sale

Current estimated payment $3,936/month

115 Days on Market

Highlights

  • Water Views
  • Partially Wooded Lot
  • Level Lot
  • 5.3 Acre Lot

About This Lot

As of August 2021

Stunning is the only word to describe this 5.3 acre parcel on historic Grand Avenue. Wake up to sunrise over Mount Beacon and enjoy evening cocktails with the setting sun illuminating the river and Newburgh/Beacon bridge. This gently sloping, cleared parcel has unobstructed, protected views of the river, mountains and bridge. Ideally situated minutes from I84, the Newburgh Marina and restaurants, Metro North Beacon Station, Newburgh/Beacon ferry to Metro North, Historic Newburgh and NYS Thruway. No HOA. Bring your dream and start building!

Last Agent to Sell the Property

John Ruggieri

BHHS Hudson Valley Properties License #10401344261 Listed on: 03/01/2021

BHHS Hudson Valley Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,713

Lot Details

  • 5.3 Acre Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot

Property Views

  • Water Views

Schools

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

Utilities

  • Septic Tank
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334600.043.000-0003-055.220/0000

Property Details

Property Type

Land

Est. Annual Taxes

$5,713

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Development Status: Cleared, Raw Land
  • Attribution Contact: 845-896-9000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: City Street
  • View: Water
  • View YN: Yes

Utilities

  • Garbage Removal: Private
  • Sewer: Septic Tank, Septic Needed
  • Utilities: Cable Available, Electric Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Extra Land Available: No
  • Location Description: Residential
  • Lot Size Acres: 5.3000
  • Lot Size Sq Ft: 230868.00
  • Lot Size Units: Acres
  • Lot Features: Level, Cleared, Views, Partly Wooded, Sloped, Rolling Slope
  • Parcel Number: 334600.043.000-0003-055.220/0000

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-08-18
  • Tax Annual Amount: 5713.00
  • Tax Map Number: 334600.043.000-0003-055.220/0000

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

Listed on
Mar 1, 2021
Closed on
Aug 7, 2021
Sold by
Divenuto Richard and Divenuto Janine
Bought by
Schmitz Thomas
Seller's Agent
John Ruggieri
BHHS Hudson Valley Properties
List Price
$530,000
Sold Price
$510,000
Premium/Discount to List
-$20,000
-3.77%
Current Estimated Value
$661,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,995
Avg. Annual Appreciation
6.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmitz Thomas $510,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $510,000 -3.8% --
06/24/2021 06/24/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $530,000 -- --
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 $5,567 $51,500 $51,500 --
2023 $5,567 $51,500 $51,500 $0
2022 $5,724 $51,500 $51,500 $0
2021 $5,749 $51,500 $51,500 $0
2020 $5,712 $51,500 $51,500 $0
2019 $1,794 $51,500 $51,500 $0
2018 $1,794 $51,500 $51,500 $0
2017 $5,839 $51,500 $51,500 $0
2016 $5,732 $51,500 $51,500 $0
2015 -- $51,500 $51,500 $0
2014 -- $51,500 $51,500 $0
Source: Public Records

Agents Affiliated with this Home

  • John Ruggieri

    Seller's Agent in 2021

    John Ruggieri

    BHHS Hudson Valley Properties

    (917) 608-2980

    15 in this area

    50 Total Sales

    John Ruggieri
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Map

Source: OneKey® MLS

MLS Number: KEY6098026

OneKey® MLS

APN: 334600-043-000-0003-055.220-0000

New York Orange County Newburgh 12550

586 Grand Ave, Newburgh, NY

Not Listed for Sale

Lots

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