NOT LISTED FOR SALE

87 Carson Ave Newburgh, NY 12550

Estimated Value: $270,000 - $320,000

3 Beds
2 Baths
1,736 Sq Ft
$171/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $217,500 $125 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,230/month

54 Days on Market

Highlights

  • The property is located in a historic district
  • Park
  • Baseboard Heating
  • Property is near public transit

About This Home

As of December 2022

Come check out this beautiful brick building! There are a lot of renovations happening in this area right now. Individual heating systems and gas/electric meters so tenants pay their own utilities. Many amenities near property including Downing Park, colleges, downtown arts district, cafes, bodegas, local farmers markets and waterfront are blocks away! Big box stores within few miles.

Last Agent to Sell the Property

Dan Gilbert

Brick and Mortar RE LLC License #10491208757 Listed on: 06/09/2022

Co-Listed By

Eli Vaknin

Brick and Mortar RE LLC License #10301222623

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,106

Year Built

  • Built in 1890 | Remodeled in 2020

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,736 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

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

Utilities

  • No Cooling
  • 2 Heating Zones
  • Baseboard Heating
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 331100-045-000-0008-010.000-0000

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • 2 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,106

Year Built

Built in 1890 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1890
  • Year Built Effective: 2020
  • Attribution Contact: 845-283-3561
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 3
  • Living Area: 1736.00
  • Square Footage: 1736.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Electric, Baseboard
  • Hot Water: Electric Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1100.00

Schools

  • Middle School: South Middle School

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Historic District, Near Public Transit
  • Parcel Number: 331100-045-000-0008-010.000-0000
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2022-06-13
  • Tenant Pays: Electricity, Heat

Tax Info

  • Close Date: 2022-12-20
  • Tax Annual Amount: 6106.00
  • Tax Map Number: 331100-045-000-0008-010.000-0000

Multi Family

  • Fuel Expense: 500.00
  • Units Total: 2
  • 1 Bedrooms: 1
  • Two Bedrooms: 1
  • Separate Electric Meters: 2

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
Jun 9, 2022
Closed on
Dec 19, 2022
Sold by
Sentry Enterprises Llc
Bought by
Newburgh Shg 109 Llc
Seller's Agent
Dan Gilbert
Brick and Mortar RE LLC
List Price
$250,000
Sold Price
$217,500
Premium/Discount to List
-$32,500
-13%
Views
76
Current Estimated Value
$293,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,756
Avg. Annual Appreciation
10.86%
Original Mortgage
$866,250
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2006
Sold by
Brea Limbert
Bought by
Santana Pedro

Purchase Details

Closed on
Oct 19, 2005
Sold by
Brown Bradley
Bought by
Brea Limbert

Purchase Details

Closed on
Aug 19, 1999
Sold by
Minard James
Bought by
Brown Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
7.53%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 1, 1996
Sold by
Gmac Mtg Corp Of Pa
Bought by
Minard James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Newburgh Shg 109 Llc $217,500 Amtrust Title Insurance Comp
Santana Pedro $200,000 Parmanand Ramdass
Brea Limbert $163,500 Bruce Egert
Brown Bradley $72,000 Commonwealth Land Title Ins
Minard James $1,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newburgh Shg 109 Llc $866,250
Previous Owner Brown Bradley $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2022 12/20/22 Sold $217,500 0.0% $125 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
06/13/2022 06/13/22 Off Market $217,500 -- --
06/09/2022 06/09/22 For Sale $250,000 -- $144 / 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 $8,263 $250,000 $23,200 $226,800
2023 $8,263 $250,000 $23,200 $226,800
2022 $7,892 $184,700 $11,200 $173,500
2021 $7,179 $153,900 $10,200 $143,700
2020 $5,661 $130,400 $10,200 $120,200
2019 $1,977 $116,400 $10,200 $106,200
2018 $1,977 $84,100 $10,900 $73,200
2017 $1,593 $31,400 $10,900 $20,500
2016 $1,624 $31,400 $10,900 $20,500
2015 -- $33,100 $10,900 $22,200
2014 -- $51,700 $10,900 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6190768

OneKey® MLS

APN: 331100-045-000-0008-010.000-0000