NOT LISTED FOR SALE

70 Bay View Terrace Newburgh, NY 12550

Estimated Value: $377,000 - $835,000

4 Beds
2 Baths
1,748 Sq Ft
$363/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $620,000 $355 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,621/month

54 Days on Market

Highlights

  • River Access
  • Panoramic View
  • Private Lot
  • The property is located in a historic district
  • Deck
  • Arts and Crafts Architecture

About This Home

As of October 2023

Incredible opportunity to own a one-of-a-kind historic home on a rare quarter-plus acre lot in the Washington Heights neighborhood of Newburgh. Sweeping views of the Hudson River and Storm King from all Bay View Terrace side windows. Currently configured for one family but zoned for 2 families. Easy to split into 2 units with both access points fully functioning. the house has 2 gas and 2 electric meters with brand new boilers and hot water heaters for both units installed in 2022. The charm of this house is through the roof! Literally! The owner fully refinished the attic space which is currently being used as a primary suite. Fantastic Arts and Crafts details throughout. Original Staircase. refinished hardwoods, and new split air conditioning units. New roof with a 10-year warranty. The lot is sandwiched by a massive four-car carriage house on Beacon Street. Can be used as a garage or converted to more living space. The possibilities are endless.

Last Agent to Sell the Property

Jeremy Parker

Voro LLC Brokerage Phone: 877-943-8676 License #10401334753 Listed on: 07/01/2023

Voro LLC

Last Buyer's Agent

Jeremy Parker

Voro LLC Brokerage Phone: 877-943-8676 License #10401334753 Listed on: 07/01/2023

Voro LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,949

Year Built

  • Built in 1900 | Remodeled in 2022

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Fenced
  • Private Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • 1,748 Sq Ft Home
  • Entrance Foyer
  • Wood Flooring
  • Panoramic Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • River Access
  • Deck
  • Patio
  • Porch

Location

  • The property is located in a historic district

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 331100-048-000-0008-007.100-0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,949

Year Built

Built in 1900 | Remodeled in 2022

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Arts and Crafts
  • Property SubType: Multi Family
  • Year Built: 1900
  • Year Built Effective: 2022
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Interior Amenities: Entrance Foyer, High Speed Internet, Pantry, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 1748
  • SquareFootage: 1748.00
  • SquareFootageSource: Municipality

Exterior Features

  • Waterfront Features: River Access
  • Fencing: Fenced
  • View: Panoramic
  • Patio and Porch Features: Deck, Patio, Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Detached, 4+ Car Detached

Utilities

  • Cooling: Ductless, ENERGY STAR Qualified Equipment
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Heritage Middle School

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12127
  • Lot Size Units: Acres
  • Lot Features: Historic District, Private
  • Parcel Number: 331100-048-000-0008-007.100-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 12949
  • Tax Map Number: 331100-048-000-0008-007.100-0000

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
Jul 1, 2023
Closed on
Oct 6, 2023
Sold by
Smith Holli A and Rhymer Ashley A
Bought by
Broady Archie
Seller's Agent
Jeremy Parker
Voro LLC
Buyer's Agent
Jeremy Parker
Voro LLC
List Price
$649,900
Sold Price
$620,000
Premium/Discount to List
-$29,900
-4.6%
Views
206
Current Estimated Value
$634,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,433
Avg. Annual Appreciation
1.12%

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 1, 2020
Sold by
Lee Rosemary
Bought by
Smith Holli A and Rhymer Ashley A
Seller's Agent
Rosemary Lee
Voro LLC
List Price
$489,000
Sold Price
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$320,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2013
Closed on
Mar 26, 2014
Sold by
Flanagan Nicholas Edward
Bought by
Lee Rosemary
Seller's Agent
George Koudounas
RE/MAX Benchmark Realty Group
Buyer's Agent
Ricardo TEGNI
HomeSmart Homes & Estates
List Price
$163,000
Sold Price
$145,000
Premium/Discount to List
-$18,000
-11.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.78%
Original Mortgage
$80,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2000
Sold by
Flanagan Annamae C
Bought by
Flanagan Nicholas Edward
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
Broady Archie $620,000 Assurance Abstract & Title S
Smith Holli A $489,000 None Available
Lee Rosemary $145,000 John Poggioli
Flanagan Nicholas Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Holli A $320,000
Previous Owner Lee Rosemary $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2023 10/06/23 Sold $620,000 -4.6% $355 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $649,900 +32.9% $372 / Sq Ft
09/01/2020 09/01/20 Sold $489,000 0.0% $315 / Sq Ft View Prior Sale
07/20/2020 07/20/20 For Sale $489,000 +237.2% $315 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
03/26/2014 03/26/14 Sold $145,000 -11.0% $93 / Sq Ft View Prior Sale
01/14/2014 01/14/14 Pending -- -- --
10/07/2013 10/07/13 For Sale $163,000 -- $105 / 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 $15,600 $579,700 $99,600 $480,100
2023 $15,600 $472,000 $99,600 $372,400
2022 $16,306 $381,600 $40,600 $341,000
2021 $14,834 $318,000 $36,900 $281,100
2020 $8,377 $218,400 $36,800 $181,600
2019 $3,308 $183,400 $36,800 $146,600
2018 $3,308 $140,900 $44,400 $96,500
2017 $6,188 $140,900 $44,400 $96,500
2016 $6,766 $140,000 $44,400 $95,600
2015 -- $140,000 $44,400 $95,600
2014 -- $153,000 $44,400 $108,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6257636

OneKey® MLS

APN: 331100-048-000-0008-007.100-0000