NOT LISTED FOR SALE

85 Mill St Newburgh, NY 12550

Estimated Value: $242,000 - $496,000

8 Beds
3 Baths
2,112 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $58,500 $28 Per Sq Ft

Est. 541% increase in value since last sale

Current estimated payment $2,875/month

48 Days on Market

About This Home

As of June 2013

This 3 apartment building has 3 gas furnaces to allow tenants to pay for their own heat . Landlord supplies hot water.

Last Agent to Sell the Property

Dennis Barr

John J Lease REALTORS Inc Brokerage Phone: 845-565-2800 License #30BA0924637 Listed on: 04/11/2013

Last Buyer's Agent

Dennis Barr

John J Lease REALTORS Inc Brokerage Phone: 845-565-2800 License #30BA0924637 Listed on: 04/11/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,873 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

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 electricity, gas, heat
  • Assessor Parcel Number 331100.038.000-0004-063.000/0000

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 845-565-2800
  • Village: None
  • Hamlet: Newburgh City
  • MaintenanceRepairsExpense: 500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 8
  • Living Area: 2112
  • Owner Pays: Insurance
  • SquareFootage: 2112.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 500
  • Trash Expense: 565

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 0.0430
  • Lot Size Sq Ft: 1873
  • Lot Size Units: Acres
  • Parcel Number: 331100.038.000-0004-063.000/0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Fuel Expense: 1300
  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 4877
  • Tax Map Number: 331100.038.000-0004-063.000/0000

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
Jan 26, 2022
Sold by
All Mine Of Orange Inc
Bought by
Franks Keon J and Franks Corina B
Current Estimated Value
$375,000

Purchase Details

Listed on
Apr 11, 2013
Closed on
Jun 28, 2013
Sold by
Degennaro Carolina
Bought by
Sol Properties Llc
Seller's Agent
Dennis Barr
John J Lease REALTORS Inc
Buyer's Agent
Dennis Barr
John J Lease REALTORS Inc
List Price
$90,000
Sold Price
$58,500
Premium/Discount to List
-$31,500
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.45%

Purchase Details

Closed on
Aug 6, 1999
Sold by
Lozier Franklyn R and Lozier Alice E
Bought by
Shermer Douglas W and Shermer Luann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,100
Interest Rate
7.65%
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
Franks Keon J $580,000 None Available
Sol Properties Llc $58,500 Mark E Wright
Sol Properties Llc $58,500 Mark E Wright
Shermer Douglas W $130,000 Commonwealth Land Title Ins
Shermer Douglas W $130,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sol Properties Llc $83,200
Previous Owner Shermer Douglas W $30,000
Previous Owner Shermer Douglas W $126,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $58,500 -35.0% $28 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $90,000 -- $43 / 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 $10,180 $338,800 $15,700 $323,100
2023 $10,180 $308,000 $15,700 $292,300
2022 $9,170 $214,600 $7,700 $206,900
2021 $8,009 $171,700 $7,000 $164,700
2020 $5,280 $156,100 $7,000 $149,100
2019 $1,767 $75,200 $7,000 $68,200
2018 $1,767 $75,200 $7,400 $67,800
2017 $3,814 $75,200 $7,400 $67,800
2016 $3,890 $75,200 $7,400 $67,800
2015 -- $75,200 $7,400 $67,800
2014 -- $79,200 $7,400 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY542640

OneKey® MLS

APN: 331100-038-000-0004-063.000-0000