NOT LISTED FOR SALE

86 Overlook Place Newburgh, NY 12550

Estimated Value: $476,000 - $500,000

8 Beds
3 Baths
2,907 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $67,000 $23 Per Sq Ft

Est. 632% increase in value since last sale

Current estimated payment $3,563/month

75 Days on Market

About This Home

As of March 2016

Great Investment opportunity or owner occupied! legal 3 family house , first floor unit is currently owner occupied, 2 and 3 Apt. 3 bedrooms and small office or use as extra bedroom , eating kitchen, finish walk out basement, 3 electric meters and 3 gas meters , heating system ( five years old), roof 7 years old), tenants pay all utilities.

Last Agent to Sell the Property

Martha Carbajal

River Realty Services, Inc. Brokerage Phone: 845-565-2800 License #10401257709 Listed on: 05/21/2015

Last Buyer's Agent

Martha Carbajal

River Realty Services, Inc. Brokerage Phone: 845-565-2800 License #10401257709 Listed on: 05/21/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 2,100 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 2,907 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement

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 cooking gas, electricity
  • Assessor Parcel Number 331100.045.000-0008-021.000/0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1880
  • Attribution Contact: 845-565-2800
  • Village: None
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 2907
  • SquareFootage: 2907.00
  • SquareFootageSource: Municipality

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: Gas Stand Alone
  • NumberOfHeatingZones: 1

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.0482
  • Lot Size Sq Ft: 2100
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 331100.045.000-0008-021.000/0000
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

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

Tax Info

  • Tax Annual Amount: 7206
  • Tax Map Number: 331100.045.000-0008-021.000/0000

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
May 21, 2015
Closed on
Mar 24, 2016
Sold by
Nunez Osman
Bought by
Rodriguez Juan J
Seller's Agent
Martha Carbajal
River Realty Services, Inc.
Buyer's Agent
Martha Carbajal
River Realty Services, Inc.
List Price
$115,000
Sold Price
$67,000
Premium/Discount to List
-$48,000
-41.74%
Current Estimated Value
$490,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,333
Avg. Annual Appreciation
22.65%

Purchase Details

Closed on
Nov 11, 2003
Sold by
Friedman Edith
Bought by
Friedman Joseph

Purchase Details

Closed on
Mar 27, 2003
Sold by
Kiselak Thomas F
Bought by
Friedman Edith
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
Rodriguez Juan J $67,000 Thomas Murphy
Friedman Joseph -- --
Friedman Edith $138,975 Matisyahu Wolfberg
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2016 03/24/16 Sold $67,000 -41.7% $23 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $115,000 -- $40 / 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 $11,833 $358,000 $19,600 $338,400
2023 $11,833 $358,000 $19,600 $338,400
2022 $11,571 $270,800 $9,600 $261,200
2021 $10,528 $225,700 $8,700 $217,000
2020 $6,985 $191,300 $8,700 $182,600
2019 $2,684 $114,200 $8,700 $105,500
2018 $2,684 $114,200 $9,300 $104,900
2017 $5,087 $100,300 $9,300 $91,000
2016 $4,198 $100,300 $9,300 $91,000
2015 -- $105,600 $9,300 $96,300
2014 -- $117,300 $9,300 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4523113

OneKey® MLS

APN: 331100-045-000-0008-021.000-0000