NOT LISTED FOR SALE

91 Wisner Ave Newburgh, NY 12550

Estimated Value: $430,000 - $594,000

6 Beds
3 Baths
2,548 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $243,800 $96 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,700/month

78 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of July 2017

3 FAMILY INVESTMENT PROPERTY...Well-maintained building with good income. Fully rented with 4 gas meters and 3 electric meters. 3 story, one apartment on each floor, 3 bedroom, 2 bedroom and a studio. Detached 1 car garage 399' sq. ft. and an extra storage 361' sq. ft. can be rented separately for extra income. Full unfinished basement for storage. Nice property with paved driveway, and parking area for 3 cars. West End location with easy access to all major traffic arteries. Property has all municipal services and the location is in walking distance to all services and amenities.This excellent income producing property includes a double lot parcel with a grass lawn and landscaped entrance, a backyard barbecue area with firepit and picnic table and rentable two car garage with separate landlord's workshop and storage area. There is also a coin-op laundry facility in the basement that generates income.

Last Agent to Sell the Property

George Koudounas

RE/MAX Benchmark Realty Group Brokerage Phone: 845-565-0004 License #30KO1024277 Listed on: 02/08/2017

RE/MAX Benchmark Realty Group

Last Buyer's Agent

Shawn Sumpter

Coldwell Banker Signature Prop License #40SU1102592

Coldwell Banker Signature Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,793

Year Built

  • Built in 1900

Lot Details

  • 10,415 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Tri-Level Property
  • Frame Construction
  • Asbestos

Interior Spaces

  • 2,548 Sq Ft Home
  • Storage
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 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

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities, cooking gas, electricity, heat
  • Assessor Parcel Number 331100.025.000-0003-027.100/0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,793

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 845-565-0004
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Pantry, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, See Remarks, Unfinished
  • Total Bedrooms: 6
  • Living Area: 2548
  • Owner Pays: Insurance
  • SquareFootage: 2548.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Asbestos
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Assigned, Driveway, Off Street, 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

Association/Amenities

  • Community Features: Trash Collection

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 850

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 0.2391
  • Lot Size Sq Ft: 10415
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 331100.025.000-0003-027.100/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Cooking Gas, Electricity, Heat, See Remarks

Multi Family

  • Fuel Expense: 4174
  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 10793
  • Tax Map Number: 331100.025.000-0003-027.100/0000

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
Feb 8, 2017
Closed on
Jul 26, 2017
Sold by
Altmann Craig
Bought by
Ortiz Efrain
Seller's Agent
George Koudounas
RE/MAX Benchmark Realty Group
Buyer's Agent
Shawn Sumpter
Coldwell Banker Signature Prop
List Price
$290,000
Sold Price
$243,800
Premium/Discount to List
-$46,200
-15.93%
Current Estimated Value
$530,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,635
Avg. Annual Appreciation
9.58%
Original Mortgage
$239,384
Outstanding Balance
$201,290
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$329,145

Purchase Details

Closed on
Jan 30, 2013
Sold by
Cantone John
Bought by
Altmann Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,525
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ortiz Efrain $243,800 Jacquelynn Vance-Pauls
Altmann Craig $185,000 John Poggioli
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Efrain $239,384
Previous Owner Altmann Craig $178,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2017 07/26/17 Sold $243,800 -15.9% $96 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $290,000 -- $114 / Sq Ft
Source: OneKey® MLS

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 $11,337 $343,000 $54,000 $289,000
2023 $11,337 $343,000 $54,000 $289,000
2022 $13,259 $310,300 $22,800 $287,500
2021 $12,063 $258,600 $20,700 $237,900
2020 $10,045 $258,600 $20,700 $237,900
2019 $4,235 $180,200 $20,700 $159,500
2018 $4,235 $180,200 $25,100 $155,100
2017 $8,182 $180,200 $25,100 $155,100
2016 $8,331 $180,200 $25,100 $155,100
2015 -- $180,200 $25,100 $155,100
2014 -- $180,200 $25,100 $155,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4705282

OneKey® MLS

APN: 331100-025-000-0003-027.100-0000

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