2 months on rocket

16 Lutheran St, Newburgh, NY, 12550

$400,000

Home List Price

$4,750*

Closing Credit

6 Bedrooms
2 Full Baths
2,508 SqFt
$159/SqFt
Multi

Location

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16 Lutheran St, Newburgh$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1890
HeatingNatural Gas, Hot Water
CoolingWindow Unit(s)
BasementYes
MLS #H6323667
Lot Size0.06 Acres
StatusActive
(A)

About 16 Lutheran St

Now offering investment property in the Historic District of the City of Newburgh. Beautiful brick row house style building with covered front porch and entry foyer. The house has been updated while retaining some of the original character of the building including staircase and handrails/newel post, a claw-foot tub and fireplaces (non-functioning). Large rooms throughout. Each unit has a big kitchen with room for a table, spacious bathroom and a back porch that spans the entire building. Nice fenced yard. With 2 boilers, tenants pay their own heat and also electric. Part of the walk-out basement has been compartmentalized. Live in one apartment and rent the other! Alternately, convert this back to a great one family home! Close to shops and restaurants. A short distance to the Beacon train to NYC and major highways.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Living Area: 2,508 SqFt

Listing Office:

  • Office Name: HomeSmart Homes & Estates
  • Office Phone: (845) 547-0005

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $5,499
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newburgh, NY.

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Newburgh, NY

City

Med. Sold Price

$373.6K

Med. Price/SqFt

$225

Avg. Days On Market

74

# of Sold Homes

45

16 Lutheran St vs Newburgh

77 DAYS ON ROCKET

+3 Days

$400,000

+$26.3K More

$159/SqFt

-$66 Less

KEY TAKEAWAY

This property is $26.3K more than the Median Sold Price and $66/SqFt less than other homes in Newburgh, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6323667

Listing Office:

  • Office Name: HomeSmart Homes & Estates
  • Office Phone: (845) 547-0005

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/15/2024, 4:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2018Home Sold
$31,000
Sep 19, 2017Home Sold
$20,615

Tax History

YEARPROP. TAXASSESSMENT
2020$5,499$124,300
2019$4,674$80,000
2018$1,708$72,700
2017$3,231$63,700

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-467458
3
/10

  • Horizon-on-the-Hudson Magnet School

  • 137 Montgomery St

  • 0.64 miles

  • Public Magnet Grades PK-5

school-card-donut-467459
3
/10

  • Gams High Tech Magnet School

  • 300 Gidney Ave

  • 0.85 miles

  • Public Magnet Grades PK-5

school-card-donut-467460
6
/10

  • New Windsor School

  • 175 Quassaick Ave

  • 1.53 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,023. Typical income of Newburgh, NY residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Orange County›Newburgh›12550›16 Lutheran St

This home is located at 16 Lutheran St in Newburgh, NY and zip code 12550. This 2,508 square foot home, which was built in 1890, sits on a 0.06 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $400,000.

Over 18 listings were sold over their listed price in October 2024 in Newburgh, NY. In the same period over 22 listings were sold below the listed price and 5 listings were sold for the listed price. The number of homes for sale in Newburgh, NY increased by 3.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $373,611, while the average time on the real estate market was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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