NOT LISTED FOR SALE

81 S Robinson Ave Newburgh, NY 12550

Estimated Value: $310,000 - $434,000

6 Beds
2 Baths
1,482 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $370,500 $250 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,592/month

32 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Hot Water Heating System
  • Main Floor Bedroom
  • Park

About This Home

As of January 2024

Terrific 2 family on a corner lot with 3 bedrooms in each unit. 2 separate driveways to keep the tenants happy! Partially finished basement might be future income. All utilities are separate with owner only paying taxes, water, trash & insurance. Great commuter location, situated across from the Newburgh Recreation Park and right around the corner from the iconic Pete's Hotdogs. Good current cash flow and rents could be increased to adjust to the current market. Owner occupied or good investment - you make the choice!

Last Agent to Sell the Property

Penny Alper

Your Move Matters LLC Brokerage Phone: (845) 926-6400 License #10491200645 Listed on: 10/07/2023

Last Buyer's Agent

Waldina Almazan

RE/MAX Benchmark Realty Group License #10401329951

RE/MAX Benchmark Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,810

Year Built

  • Built in 1935 | Remodeled in 2020

Lot Details

  • 3,402 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Level Lot

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,482 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

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 all utilities
  • Assessor Parcel Number 331100-038-000-0005-020.000-0000

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

$7,810

Year Built

Built in 1935 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1935
  • Year Built Effective: 2020
  • Attribution Contact: (845) 926-6400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Interior Amenities: First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Partially Finished
  • Total Bedrooms: 6
  • Living Area: 1482
  • Owner Pays: Insurance
  • SquareFootage: 1482.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Off Street

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1052

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3402
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Level, Near Public Transit
  • Parcel Number: 331100-038-000-0005-020.000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 7810
  • Tax Map Number: 331100-038-000-0005-020.000-0000

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
Oct 7, 2023
Closed on
Dec 26, 2023
Sold by
M & J Prop Hldg Llc
Bought by
Lazaro Erik S
Seller's Agent
Penny Alper
Your Move Matters LLC
Buyer's Agent
Waldina Almazan
RE/MAX Benchmark Realty Group
List Price
$375,573
Sold Price
$370,500
Premium/Discount to List
-$5,073
-1.35%
Views
45
Current Estimated Value
$366,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,418
Avg. Annual Appreciation
-0.70%
Original Mortgage
$277,850
Outstanding Balance
$272,940
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,142

Purchase Details

Closed on
Dec 4, 2013
Sold by
Kuka Sami
Bought by
M & J Property Holdings Llc

Purchase Details

Closed on
Jun 3, 2003
Sold by
Cannova Angela
Bought by
Kuka Sami
Source: Public Records

Range of Values:

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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
Lazaro Erik S $370,500 Security Title/Guaranty
Lazaro Erik S $370,500 Security Title/Guaranty
M & J Property Holdings Llc $75,000 Marc Kerchman
M & J Property Holdings Llc $75,000 Marc Kerchman
Kuka Sami $82,000 Carl Darrigo
Kuka Sami $82,000 Carl Darrigo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazaro Erik S $277,850
Closed Lazaro Erik S $277,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $370,500 -1.4% $250 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
10/07/2023 10/07/23 For Sale $375,573 -- $253 / 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 $7,701 $256,300 $28,400 $227,900
2023 $7,701 $233,000 $28,400 $204,600
2022 $7,610 $178,100 $13,200 $164,900
2021 $6,647 $142,500 $12,000 $130,500
2020 $4,910 $129,500 $12,000 $117,500
2019 $2,000 $85,100 $12,000 $73,100
2018 $2,000 $85,100 $13,300 $71,800
2017 $4,316 $85,100 $13,300 $71,800
2016 $4,113 $79,500 $13,300 $66,200
2015 -- $79,500 $13,300 $66,200
2014 -- $83,700 $13,300 $70,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6272419

OneKey® MLS

APN: 331100-038-000-0005-020.000-0000