NOT LISTED FOR SALE

8 Bay View Terrace Newburgh, NY 12550

Estimated Value: $320,000 - $433,000

4 Beds
2 Baths
2,483 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $255,000 $103 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,590/month

197 Days on Market

Highlights

  • The property is located in a historic district
  • Hot Water Heating System
  • Heating System Uses Steam

About This Home

As of March 2023

Still looking to buy in the Historic City of Newburgh, then here it is.....A DIAMOND IN THE ROUGH. This Property is in need of Renovation. Many possibilities with this home. Newburgh is not just any city for those looking to invest time, energy and money. It is a gem! It has the largest historic district in the state of NY. It has beautifully designed planned neighborhoods like Washington Heights and Colonial Terraces. It has a great scenic park in Downing and a great recreational park in Delano Hitch. It has a growing arts community to feed the imagination and a remarkably rich collective of civic improvement organizations in which citizen volunteers keep the city moving ahead. This home is near all of the cafes and close to the Metro North for commuting to NYC.

Last Agent to Sell the Property

Serena Johnson

eXp Realty Brokerage Phone: (845) 562-0050 License #10401273257 Listed on: 08/14/2022

eXp Realty

Last Buyer's Agent

Laura Lacertosa

Century 21 Alliance Rlty Group License #10401283892

Century 21 Alliance Rlty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,352

Year Built

  • Built in 1910

Lot Details

  • 2,601 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • 2,483 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

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

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 331100-048-000-0003-015.000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,352

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: (845) 562-0050
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2483
  • SquareFootage: 2483.00
  • SquareFootageSource: Municipality

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: On Demand
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Heritage Middle School

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2601
  • Lot Size Units: Acres
  • Lot Features: Historic District
  • Parcel Number: 331100-048-000-0003-015.000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 7352
  • Tax Map Number: 331100-048-000-0003-015.000-0000

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
Aug 14, 2022
Closed on
Mar 27, 2023
Sold by
Bay View Terrace 1 Llc
Bought by
Amelia Realty Llc
Seller's Agent
Serena Johnson
eXp Realty
Buyer's Agent
Laura Lacertosa
Century 21 Alliance Rlty Group
List Price
$315,000
Sold Price
$255,000
Premium/Discount to List
-$60,000
-19.05%
Views
528
Current Estimated Value
$357,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,483
Avg. Annual Appreciation
13.99%

Purchase Details

Closed on
Nov 25, 2014
Sold by
Overlook Jf2 Llc
Bought by
Bay View Terrace 1 Llc

Purchase Details

Listed on
Feb 6, 2014
Closed on
May 29, 2014
Sold by
Federal National Mortgage Association
Bought by
Overlook Jf2 Llc
Seller's Agent
Jeffery Dolfinger
Century 21 Hudson Valley Rlty.
Buyer's Agent
Will Story
Easy Lifestyle Real Estate
List Price
$69,500
Sold Price
$67,000
Premium/Discount to List
-$2,500
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%

Purchase Details

Closed on
Jul 31, 2013
Sold by
Kelson Esq. As Referee Zachary
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Amelia Realty Llc $255,000 Security Title Guarantee Cor
Bay View Terrace 1 Llc -- Marc Kerchman
Overlook Jf2 Llc $67,000 Marc Kerchman
Federal National Mortgage Association $500 Fein, Such & Crane, Llp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2023 03/30/23 Sold $255,000 -2.1% $103 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/23/2023 02/23/23 Price Changed $260,500 -6.8% $105 / Sq Ft
02/10/2023 02/10/23 Price Changed $279,500 -3.5% $113 / Sq Ft
01/18/2023 01/18/23 Price Changed $289,500 -3.3% $117 / Sq Ft
11/09/2022 11/09/22 Price Changed $299,500 -1.3% $121 / Sq Ft
10/10/2022 10/10/22 Price Changed $303,500 -0.5% $122 / Sq Ft
09/18/2022 09/18/22 Price Changed $305,000 -3.2% $123 / Sq Ft
08/14/2022 08/14/22 For Sale $315,000 +370.1% $127 / Sq Ft
05/29/2014 05/29/14 Sold $67,000 -3.6% $27 / Sq Ft View Prior Sale
05/14/2014 05/14/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $69,500 -- $28 / 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 $8,627 $274,100 $40,600 $233,500
2023 $8,627 $261,000 $40,600 $220,400
2022 $8,080 $189,100 $19,700 $169,400
2021 $7,352 $157,600 $17,900 $139,700
2020 $6,930 $143,300 $17,900 $125,400
2019 $1,800 $113,300 $17,900 $95,400
2018 $1,800 $76,600 $19,100 $57,500
2017 $3,885 $76,600 $19,100 $57,500
2016 $4,376 $84,600 $19,100 $65,500
2015 -- $84,600 $19,100 $65,500
2014 -- $89,000 $19,100 $69,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6204506

OneKey® MLS

APN: 331100-048-000-0003-015.000-0000