NOT LISTED FOR SALE

75 Mill St Newburgh, NY 12550

Estimated Value: $302,000

4 Beds
3 Baths
2,112 Sq Ft
$143/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $60,000 $28 Per Sq Ft

Est. 403% increase in value since last sale

Current estimated payment $2,200/month

17 Days on Market

About This Home

As of May 2018

Three units, comprising 1 store front and two, two bedroom apartments. Great opportunity for the entrepreneur to have their own business and reside here as well and an additional apartment for additional income. Only minutes to the Newburgh Waterfront, Newburgh Beacon Ferry to Beacon for commuting via the Metro North Train. Great opportunity!

Last Agent to Sell the Property

Sandra Cotthaus

1st Independent Realty Grp Brokerage Phone: 845-566-3524 License #31CO1137217 Listed on: 02/21/2018

Last Buyer's Agent

Robin White

Keller Williams Hudson Valley License #30WH0841297

Keller Williams Hudson Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965 | Remodeled in 2005

Lot Details

  • 1,851 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,112 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 331100.038.000-0004-068.000/0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1965 | Remodeled in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1965
  • Year Built Effective: 2005
  • Attribution Contact: 845-566-3524
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2005

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 2112
  • SquareFootage: 2112.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick, Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Electric Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 0.0425
  • Lot Size Sq Ft: 1851
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 331100.038.000-0004-068.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 2
  • NumberOf3Bedrooms: 0

Tax Info

  • Tax Annual Amount: 9405
  • Tax Map Number: 331100.038.000-0004-068.000/0000

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

Listed on
Feb 21, 2018
Closed on
May 4, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Moonesar Bisessar
Seller's Agent
Sandra Cotthaus
1st Independent Realty Grp
Buyer's Agent
Robin White
Keller Williams Hudson Valley
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%
Current Estimated Value
$302,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,000
Avg. Annual Appreciation
24.74%

Purchase Details

Closed on
Jul 25, 2016
Sold by
Wells Fargo Bank Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Dec 31, 2007
Sold by
Goly Kouame
Bought by
Goly Kouame and Fremont Goly

Purchase Details

Closed on
Oct 5, 2006
Sold by
Mill Street Properties
Bought by
Goly Kouame

Purchase Details

Closed on
Dec 30, 2003
Sold by
75 Mill Street Llc
Bought by
Mill Street Properties Llc

Purchase Details

Closed on
Nov 30, 2000
Sold by
Levy Philip
Bought by
Nhdv Equities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2000
Sold by
Nhdv Equities Inc
Bought by
75 Mill Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.14%
Mortgage Type
Commercial
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
Moonesar Bisessar $60,000 --
Moonesar Bisessar $60,000 --
Moonesar Bisessar $60,000 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Goly Kouame -- --
Goly Kouame -- --
Goly Kouame $195,000 Jacquelynn Vance Pauls
Goly Kouame $195,000 Jacquelynn Vance Pauls
Mill Street Properties Llc $52,500 Robert A Finkelstein
75 Mill Street Llc -- --
Mill Street Properties Llc $52,500 Robert A Finkelstein
Nhdv Equities Inc $27,000 --
Nhdv Equities Inc $27,000 --
75 Mill Street Llc $27,000 --
75 Mill Street Llc $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moonesar Bisessar $168,000
Previous Owner Nhdv Equities Inc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $60,000 -14.3% $28 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $70,000 -- $33 / 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 $6,643 $201,000 $46,700 $154,300
2022 $7,623 $178,400 $14,900 $163,500
2021 $8,322 $178,400 $14,900 $163,500
2020 $8,412 $178,400 $14,900 $163,500
2019 $4,240 $138,400 $14,900 $123,500
2018 $4,240 $138,400 $17,900 $120,500
2017 $7,968 $138,400 $17,900 $120,500
2016 $9,405 $138,400 $17,900 $120,500
2015 -- $138,400 $17,900 $120,500
2014 -- $138,400 $17,900 $120,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4807084

OneKey® MLS

APN: 331100-038-000-0004-068.000-0000