$263,682
SOLD FEB 13, 2025

62 Clark St Newburgh, NY 12550

3 Beds
2 Baths
1,600 Sq Ft
2,200 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

54 Days on Market

About This Home

As of February 2025

**Charming 2-Family Investment Property in Up-and-Coming Newburgh, NY!**

Welcome to this well-maintained 2-family residence located in the heart of a revitalizing Newburgh community. This property offers a **2-bedroom, 1-bath unit** and a **1-bedroom, 1-bath unit**—each currently occupied by excellent, reliable tenants. The building has been carefully maintained, making it an ideal choice for a new owner looking for a steady investment. Whether you're an experienced investor or just entering the real estate world, this property is ready to start generating income right away. Don't miss the chance to be part of Newburgh's growth and prosperity—schedule a viewing today!
SELLER WILL CONSIDER OWNER FINANCING!!!!!!!
50% DOWN PAYMENT PRIME PLUS 1% ON A 15 YEAR NOTE. NO PREPAYMENT PENALTY.

Last Agent to Sell the Property

Susan McMullen

eXp Realty Brokerage Phone: 917-733-5609 License #10301222834 Listed on: 10/28/2024

eXp Realty

Co-Listed By

Kelly McMullen

eXp Realty Brokerage Phone: 917-733-5609 License #10401308728

Last Buyer's Agent

John Willis

Howard Hanna Rand Realty License #10301219982

Howard Hanna Rand Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,925

Year Built

  • Built in 1900

Lot Details

  • 2,200 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Meadow Hill Global Explorations Magnet Middle School
  • Newburgh Free Academy High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 331100-039-000-0002-005.100-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,925

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Year Built: 1900
  • Attribution Contact: 917-733-5609
  • Co List Office Mls Id: KEYEXPRLT
  • Co List Office Phone: 888-276-0630
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Heating: Electric, Baseboard
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Trash Expense: 1032
  • Annual Water Sewer Expense: 1034

Schools

  • Middle School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL

Lot Info

  • Lot Size Acres: 0.0505
  • Lot Size Area: 0.0505
  • Lot Size Sq Ft: 2200
  • Building Area Total: 1600
  • Parcel Number: 331100-039-000-0002-005.100-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • Insurance Expense: 1433

Tax Info

  • Tax Annual Amount: 7925
  • Tax Year: 2024

MLS Schools

  • High School: Newburgh Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Feb 12, 2025
Sold by
Cook Dawn
Bought by
62 Clark Llc
Seller's Agent
Susan McMullen
eXp Realty
Buyer's Agent
John Willis
Howard Hanna Rand Realty
List Price
$265,000
Sold Price
$263,682
Premium/Discount to List
-$1,318
-0.5%
Views
34
Current Estimated Value
$265,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,165
Avg. Annual Appreciation
1.40%
Original Mortgage
$210,945
Outstanding Balance
$210,051
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$55,796

Purchase Details

Closed on
Mar 25, 2022
Sold by
Bricke Ronald
Bought by
Haney Jillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,250
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 26, 2017
Closed on
Mar 22, 2018
Sold by
Qualamar Corp
Bought by
Cook Dawn
Seller's Agent
Robert Holmes
Keller Williams Hudson Valley
Buyer's Agent
Dan Gilbert
Brick and Mortar RE LLC
List Price
$149,900
Sold Price
$117,000
Premium/Discount to List
-$32,900
-21.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
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 Type Sale Price Title Company
Deed $263,682 None Available
Deed $263,682 None Available
Deed $615,000 None Available
Warranty Deed $117,000 --
Warranty Deed $117,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,945 Purchase Money Mortgage
Closed $210,945 Purchase Money Mortgage
Previous Owner $584,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $263,682 -0.5% $165 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $265,000 +126.5% $166 / Sq Ft
03/22/2018 03/22/18 Sold $117,000 -21.9% $73 / Sq Ft
08/26/2017 08/26/17 Pending -- -- --
08/26/2017 08/26/17 For Sale $149,900 -- $94 / 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 $8,792 $266,000 $23,200 $242,800
2023 $8,792 $266,000 $23,200 $242,800
2022 $8,029 $187,900 $11,200 $176,700
2021 $7,305 $156,600 $10,200 $146,400
2020 $5,221 $132,700 $10,200 $122,500
2019 $2,240 $95,300 $10,200 $85,100
2018 $2,240 $95,300 $10,900 $84,400
2017 $3,966 $78,200 $10,900 $67,300
2016 $2,938 $56,800 $10,900 $45,900
2015 -- $59,800 $10,900 $48,900
2014 -- $59,800 $10,900 $48,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6332065

OneKey® MLS

APN: 331100-039-000-0002-005.100-0000