NOT LISTED FOR SALE

283 Fostertown Rd Newburgh, NY 12550

Estimated Value: $664,000 - $749,000

3 Beds
2 Baths
2,100 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $715,000 $340 Per Sq Ft

Current estimated payment $5,310/month

24 Days on Market

Highlights

  • Barn
  • Panoramic View
  • Ranch Style House
  • Stables
  • 7.83 Acre Lot
  • Wood Flooring

About This Home

As of August 2024

Step into a piece of Hudson Valley history with this exceptional horse farm, originally built in 1922 by the military to house the first cavalry horses in the area. This peaceful, historic property seamlessly blends its storied past with modern amenities, making it a rare and beautiful find. The impressive main barn, a testament to its rich heritage, features a spacious center aisle illuminated by overhead LED lights. It includes 10 stall spaces, with 8 original stalls and 2 newly constructed in 2017. Among the stalls, you'll find a double-sized foaling stall, 4 stalls with a concrete base (including the oversized foaling stall currently used for a Percheron Draft cross rescue), and 6 stalls with a dirt/stone dust base. Six of the stalls are matted, and while 5 are in current use, others serve as storage for hay and barn supplies. The barn also boasts renovated office and lounge areas, transforming two rooms into lovely, functional spaces. A bathroom adds convenience, and a kitchen space with electric and water hookups, counters, and cabinets offers potential. The expansive loft, historically used for hay storage, presents an opportunity to be divided and transformed into a breathtaking living or event space. The property is ideal for equestrian pursuits, featuring 2 grass paddocks with vinyl fencing, an extra-large grass paddock with Electrobraid fencing and a large shelter, a 70-foot diameter sand footing round pen, and 2 well-drained grass riding and jumping fields. The scenic landscape is adorned with beautiful rolling hills, natural rock outcroppings, and a tree-lined perimeter, creating a picturesque setting. Additional buildings include a shed row added in the 1960s, which contains a small vinyl-fenced grass paddock and 5 stalls historically used for mares, foals, and a larger stallion enclosure. The current owners utilize this space for barn equipment storage and manure composting, but it offers considerable potential for various uses. Nestled on a hill overlooking the property, the spacious and immaculate ranch-style home offers comfort and tranquility. It features two fireplaces providing warmth and ambiance, a generous living area perfect for gatherings, and three spacious bedrooms. A full unfinished basement provides ample storage space or the potential for additional living areas. Enjoy the serenity of the front porch, perfect for morning coffee or evening drinks. Watch your horses graze while taking in the breeze or sunset, making it an ideal spot for relaxation and conversation with friends and family. This Hudson Valley horse farm is a unique gem, offering a harmonious blend of historical charm and contemporary functionality. Don't miss the opportunity to own this exceptional property. It's truly a once in a lifetime opportunity.

Last Listed By

Brian Caplicki

Keller Williams Hudson Valley Brokerage Phone: (845) 656-4498 License #30CA0910752 Listed on: 05/09/2024

Keller Williams Hudson Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,465

Year Built

  • Built in 1962

Lot Details

  • 7.83 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 2 Fireplaces
  • Formal Dining Room
  • Wood Flooring
  • Panoramic Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables
  • Riding Ring

Utilities

  • Central Air
  • Baseboard Heating
  • Septic Tank

Additional Features

  • Outbuilding
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 334600-039-000-0001-021.110-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,465

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Levels: One
  • Year Built: 1962
  • Attribution Contact: (845) 656-4498
  • Hamlet: Fostertown
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Inclusions: Dishwasher,Dryer,Refrigerator,Solar Panels Owned,Washer
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 2100
  • AtticDescription: Scuttle
  • SquareFootage: 2100.00
  • SquareFootageSource: Municipality

Exterior Features

  • Other Structures: Barn(s), Outbuilding, Stable(s)
  • Construction Materials: Frame, Brick, Vinyl Siding
  • View: Panoramic
  • View YN: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric, Baseboard
  • Sewer: Septic Tank
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: Electric Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Horses: Yes
  • Lot Size Acres: 7.83
  • Lot Size Area: 7.83
  • Lot Size Sq Ft: 341075
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 334600-039-000-0001-021.110-0000
  • Horse Amenities: Riding Ring
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 18465
  • Tax Map Number: 334600-039-000-0001-021.110-0000

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 9, 2024
Closed on
Aug 5, 2024
Sold by
Larson Jason M and Larson Lori A
Bought by
Pezza Christopher
Seller's Agent
Brian Caplicki
Keller Williams Hudson Valley
Buyer's Agent
Susan Mohart
Rita Levine Real Estate
List Price
$729,900
Sold Price
$715,000
Premium/Discount to List
-$14,900
-2.04%
Total Days on Market
24
Views
40
Current Estimated Value
$713,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,183
Avg. Annual Appreciation
-0.23%

Purchase Details

Closed on
May 15, 2017
Sold by
Balmville Construction Inc
Bought by
Quilez Pedro

Purchase Details

Listed on
Nov 3, 2015
Closed on
Aug 24, 2016
Sold by
Limited Partnership The Tarsio Family
Bought by
Balmville Construction Inc
Seller's Agent
Janis Borgueta
Key Properties of Hudson Vly
Buyer's Agent
Michael LaVan
Hudson Valley Home Connection
List Price
$319,000
Sold Price
$375,000
Premium/Discount to List
$56,000
17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$368,207
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 3, 2015
Closed on
Aug 11, 2016
Sold by
Tarsio Anthony
Bought by
Larson Jason
Seller's Agent
Janis Borgueta
Key Properties of Hudson Vly
Buyer's Agent
Michael LaVan
Hudson Valley Home Connection
List Price
$319,000
Sold Price
$375,000
Premium/Discount to List
$56,000
17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2003
Sold by
Tarsio Patrick
Bought by
Tarsio Family Ltd Partnership

Range of Values:

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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
Pezza Christopher $715,000 Stewart Title
Quilez Pedro $320,000 Charles Frankel
Quilez Pedro $320,000 Charles Frankel
Balmville Construction Inc $50,000 Gary Gogerty
Balmville Construction Inc $50,000 Gary Gogerty
Balmville Construction Inc $50,000 Gary Gogerty
Larson Jason $385,000 Marc Kerchman
Larson Jason $385,000 Marc Kerchman
Tarsio Family Ltd Partnership -- Stephen E Diamond
Tarsio Family Ltd Partnership -- Stephen E Diamond
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Jason M $27,984
Previous Owner Larson Jason $368,207
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $715,000 -2.0% $340 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $729,900 +94.6% $348 / Sq Ft
08/11/2016 08/11/16 Sold $375,000 +17.6% $179 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $319,000 -- $152 / 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
2023 $15,994 $148,250 $32,150 $116,100
2022 $16,427 $148,250 $32,150 $116,100
2021 $16,509 $148,250 $32,150 $116,100
2020 $16,642 $148,250 $32,150 $116,100
2019 $5,518 $148,250 $32,150 $116,100
2018 $5,518 $148,250 $32,150 $116,100
2017 $16,866 $148,250 $32,150 $116,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6305230

OneKey® MLS

APN: 334600 39-1-21.1