NOT LISTED FOR SALE

8 Central Ave Newburgh, NY 12550

Estimated Value: $497,603 - $633,000

4 Beds
2 Baths
2,824 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 26, 2018

Last sale price $312,500 $111 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,184/month

118 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Detached Garage
  • Property is near public transit
  • Formal Dining Room
  • Porch

About This Home

As of December 2018

Charming 2 family home built in 1905, on one of the loveliest streets in Newburgh! The large welcoming front porch is perfect for rocking chair visits with neighbors! Each apartment boasts HW floors, fireplace, large formal dining room, pocket doors & a butler pantry! Updated with 2 gas boilers and 2 gas hot water heaters for separate utilities! Newer roof is appx. 7 years old. Stoves, fridges & dishwashers in each apt. are all under 9 years old. Small decks off the back of each unit, overlook the private backyard, that leads to a 2 car garage, (needs TLC) accessed by a private lane off of Elmwood Place. New front porch steps and concrete sidewalk repairs done in 2017. Huge walkout basement & a 2 room walk-up attic, can both be accessed by both apartments via a back staircase. Great property for the owner/occupant, as each apartment is extremely spacious! Live in one unit and let the income from the other pay your taxes and then some!

Last Agent to Sell the Property

kristina olsen

Kristina Olsen Brokerage Phone: 845-541-2090 License #10351212424 Listed on: 07/03/2018

Last Buyer's Agent

Rose Daversa

Hudson Valley Home Connection License #10401203563

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,200

Year Built

  • Built in 1905 | Remodeled in 2014

Lot Details

  • 7,518 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Tandem Parking
  • Driveway
  • On-Street Parking

Home Design

  • Frame Construction
  • Clapboard

Interior Spaces

  • 2,824 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 331100.004.000-0003-012.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,200

Year Built

Built in 1905 | Remodeled in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1905
  • Year Built Effective: 2014
  • Attribution Contact: 845-541-2090
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Interior Amenities: Formal Dining, Entrance Foyer, Pantry
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 2824
  • SquareFootage: 2824.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Clapboard
  • Fencing: Fenced
  • Patio and Porch Features: Deck, Porch

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway, On Street, Tandem

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.1726
  • Lot Size Sq Ft: 7518
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 331100.004.000-0003-012.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

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

Tax Info

  • Tax Annual Amount: 10200
  • Tax Map Number: 331100.004.000-0003-012.000/0000

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

Closed on
Nov 20, 1997
Sold by
Johansen Barbara
Bought by
Jennings Ronald J
Current Estimated Value
$592,901
Source: Public Records

Range of Values:

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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
Jennings Ronald J $97,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2018 12/26/18 Sold $312,500 -10.5% $111 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $349,000 -- $124 / 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 $12,890 $390,000 $48,300 $341,700
2023 $12,890 $390,000 $48,300 $341,700
2022 $18,604 $435,400 $21,800 $413,600
2021 $16,924 $362,800 $19,800 $343,000
2020 $14,963 $352,200 $19,800 $332,400
2019 $4,769 $300,400 $19,800 $280,600
2018 $4,769 $202,900 $24,100 $178,800
2017 $10,291 $202,900 $24,100 $178,800
2016 $10,625 $205,400 $24,100 $181,300
2015 -- $205,400 $24,100 $181,300
2014 -- $216,200 $24,100 $192,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4823877

OneKey® MLS

APN: 331100-004-000-0003-012.000-0000