NOT LISTED FOR SALE

8 Commonwealth Ave Newburgh, NY 12550

Estimated Value: $1,350,000 - $3,305,000

3 Beds
3 Baths
3,262 Sq Ft
$640/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $975,000 $299 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $12,870/month

Highlights

  • Docks
  • In Ground Pool
  • Panoramic View
  • River Access
  • Eat-In Gourmet Kitchen
  • Floor-to-Ceiling Windows

About This Home

As of January 2024

The ultimate in waterfront living, now at a great price. Direct, private river frontage with expansive river views. Riparian rights, private beach, mooring. Launch kayaks or other watercraft and go for a morning swim. Floating dock may be installed. Resort-like private oasis combines old-world charm with modern amenities. Sun-filled living room with fireplace; four sets of sliders to bring the outdoors in. Chef's kitchen with dining area, wall of windows. First floor features guest suite with full bath which opens out to sunken garden and river views; plus office/bedroom and second full bath. Covered outdoor patio. Second floor master suite, master bath with walk-in shower, walk-in closet, and private deck overlooking the river. Large unfinished bonus room off the master suite ideal for studio, exercise room, etc. Minutes to restaurants on Newburgh's waterfront. Ideal location, water taxi from Newburgh to Metro-North in Beacon or just a few minutes' drive to the train. 20 minutes to Stewart Intl Airport. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

Last Agent to Rent the Property

Lindsay Rothman

Compass Greater NY LLC Brokerage Phone: (914) 238-0676 License #10401340688 Listed on: 11/07/2023

Compass Greater NY LLC

Co-Listed By

Tim Rothman

Compass Greater NY, LLC Brokerage Phone: (914) 238-0676 License #10301214739

Last Renter's Agent

Barbara Severo

Howard Hanna Rand Realty License #10401249404

Howard Hanna Rand Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 3 Acre Lot
  • Waterfront
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Property Views

  • River
  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 3,262 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • ENERGY STAR Qualified Windows
  • Floor-to-Ceiling Windows
  • ENERGY STAR Qualified Doors
  • Entrance Foyer
  • Home Office
  • Play Room
  • Storage
  • Home Gym
  • Crawl Space
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dressing Area
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Double Vanity

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • River Access
  • Docks
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Hydro-Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 334600-082-000-0001-020.000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Call
  • Available Date: 2023-11-07
  • LegalRentalYN: 1
  • SecurityDeposit: 8000

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Single Family, Contemporary
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1964
  • Attribution Contact: (914) 238-0676
  • Co List Office Mls Id: ONECOMPNY
  • Co List Office Phone: 914-327-2777
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Washer, Stainless Steel Appliance(s)
  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Chefs Kitchen, Children Playroom, Den/Family Room, Dressing Room, Double Vanity, Eat-in Kitchen, Exercise Room, Floor to Ceiling Windows, Entrance Foyer, Granite Counters, High Ceilings, Home Office, Kitchen Island, Marble Bath, Master Bath, Open kitchen, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Door Features: ENERGY STAR Qualified Doors
  • Full Bathrooms: 3
  • Basement: Crawl Space
  • Inclusions: Dishwasher,Dryer,Energy Star Appliance(s),Freezer,Generator,Microwave,Wall Oven,Washer
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 3262
  • Window Features: ENERGY STAR Qualified Windows
  • SquareFootage: 3262.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick, Frame
  • Waterfront Features: River Access, Water Access, Waterfront
  • Fencing: Back Yard
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Mountain(s), Panoramic, River, Water
  • Exterior Features: Sprinkler System, Dock
  • Patio and Porch Features: Patio
  • View YN: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Propane, Hydro Air
  • Laundry Features: In Unit
  • Security: Security System
  • Sewer: Septic Tank
  • Water Source: Well
  • GarbageRemoval: Public
  • Hot Water: See Remarks

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 3
  • Lot Size Sq Ft: 130680
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 334600-082-000-0001-020.000-0000
  • ResoLotSizeUnits: Acres

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 6, 2024
Sold by
Downey Cary
Bought by
Blake Steven and Blake Zhichao
Current Estimated Value
$2,088,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Outstanding Balance
$1,900,886
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$188,045

Purchase Details

Listed on
May 2, 2019
Closed on
Aug 23, 2019
Sold by
Cline Lisa M and Haasch Matthew
Bought by
Downey Cary
Seller's Agent
Dianne Minogue
Past Member
Buyer's Agent
NON MLS OFFICE
Anderson Agency
List Price
$1,350,000
Sold Price
$975,000
Premium/Discount to List
-$375,000
-27.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%
Original Mortgage
$775,000
Interest Rate
2.88%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 10, 2013
Sold by
Cline Lisa Marie
Bought by
Cline Lisa Maria

Purchase Details

Closed on
May 5, 2004
Sold by
Cline John Robert
Bought by
Cline Lisa Maria

Purchase Details

Closed on
Jan 22, 2001
Sold by
Cline Ynes J
Bought by
Cline Lisa Maria and Cline John Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Blake Steven $2,400,000 None Available
Blake Steven $2,400,000 None Available
Downey Cary $975,000 Emtitle Insurance Co
Downey Cary $975,000 Emtitle Insurance Co
Cline Lisa Maria -- --
Cline Lisa Maria -- --
Cline Lisa Maria $113,334 Todd A. Kelson
Cline Lisa Maria $113,334 Todd A. Kelson
Cline Lisa Maria $113,334 Todd A. Kelson
Cline Lisa Maria -- American Title Ins Co
Cline Lisa Maria -- American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blake Steven $1,920,000
Closed Blake Steven $1,920,000
Previous Owner Downey Cary $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Off Market $975,000 -- --
01/10/2024 01/10/24 Rented $9,000 +12.5% --
11/07/2023 11/07/23 For Rent $8,000 0.0% --
08/23/2019 08/23/19 Sold $975,000 0.0% $299 / Sq Ft View Prior Sale
08/23/2019 08/23/19 Sold $975,000 -27.8% $299 / Sq Ft View Prior Sale
06/29/2019 06/29/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $1,350,000 -9.4% $414 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $1,490,000 -- $457 / 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 $22,975 $217,900 $28,000 $189,900
2023 $22,975 $217,900 $28,000 $189,900
2022 $23,668 $217,900 $28,000 $189,900
2021 $23,775 $217,900 $28,000 $189,900
2020 $14,112 $130,180 $28,000 $102,180
2019 $4,203 $130,180 $28,000 $102,180
2018 $4,203 $130,180 $28,000 $102,180
2017 $13,467 $130,180 $28,000 $102,180
2016 $13,211 $130,180 $28,000 $102,180
2015 -- $130,180 $28,000 $102,180
2014 -- $130,180 $28,000 $102,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6277109

OneKey® MLS

APN: 334600-082-000-0001-020.000-0000