NOT LISTED FOR SALE

38 Lutheran St Newburgh, NY 12550

Estimated Value: $173,000 - $279,474

6 Beds
2 Baths
2,448 Sq Ft
$84/Sq Ft Est. Value

Sale Details

Date Sold: March 19, 2025

Last sale price $160,000 $65 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,316 / mo

55 Days on Market

About This Home

As of March 2025

Smart Investors Alert! This 2448 sq ft brick 2 family has had fire damage from the fire that occurred in the property next door. Cash only AS IS deal. This affordable entry purchase price makes this building cost effective to renovate to return it to a viable 2 family home once more!

Last Agent to Sell the Property

Rosemary Lee

Voro LLC Brokerage Phone: 877-943-8676 License #10401267992 Listed on: 11/23/2024

Voro LLC

Last Buyer's Agent

Mordecai Loeffler

Mordechal Loeffler License #10351214713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,040

Year Built

  • Built in 1890

Lot Details

  • 2,374

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Schools

  • Meadow Hill Global Explorations Magnet Middle School
  • Newburgh Free Academy High School

Additional Features

  • 2,374 Sq Ft Lot
  • No Cooling

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 331100-029-000-0004-030.000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,040

Year Built

Built in 1890

Lot Details

2,374 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Year Built: 1890
  • Attribution Contact: 877-943-8676
  • Carport Y N: No
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 160000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 2935779.8165
  • CurrentPrice_By_BuildingAreaTotal: 65.35948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Heating: See Remarks, Other
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL

Lot Info

  • Lot Size Acres: 0.0545
  • Lot Size Sq Ft: 2374
  • Parcel Number: 331100-029-000-0004-030.000-0000
  • Property Attached: No
  • Additional Parcels: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 7040
  • Tax Year: 2024

MLS Schools

  • High School: Newburgh Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2024
Closed on
Mar 19, 2025
Sold by
Hyh Newburgh Llc
Bought by
Newburgh Ny Equities Llc
Seller's Agent
Rosemary Lee
Voro LLC
Buyer's Agent
Mordecai Loeffler
Mordechal Loeffler
List Price
$160,000
Sold Price
$160,000
Views
66
Current Estimated Value
$206,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,119
Avg. Annual Appreciation
28.19%
Original Mortgage
$177,500
Outstanding Balance
$176,588
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$29,531

Purchase Details

Closed on
Feb 28, 2020
Sold by
Geppinew Holdings Llc
Bought by
Hyh Newburgh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2016
Sold by
Fortune Stream Realty Llc
Bought by
Geppinew Holdings Llc

Purchase Details

Listed on
Feb 27, 2012
Closed on
Jun 15, 2012
Sold by
Lu Haihuai
Bought by
Fortune Stream Realty Llc
Seller's Agent
Brendan Maughan
Park Prop of the Hudson Vly
Buyer's Agent
Eileen Pegram
Park Prop of the Hudson Vly
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%

Purchase Details

Closed on
Mar 16, 2009
Sold by
The City Of Newburgh
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Jan 13, 2009
Sold by
Hsbc Bank Usa Na As Trustee
Bought by
Lu Haihaui

Purchase Details

Closed on
Aug 5, 2008
Sold by
David Stern As Referee
Bought by
Hsbc Bank Usa National Assoc

Purchase Details

Closed on
Dec 14, 2005
Sold by
Senketwal Corporation
Bought by
Brown Stacy Ann

Purchase Details

Closed on
Jun 20, 2003
Sold by
Rojas Juan P
Bought by
Senketwal Corporation

Purchase Details

Closed on
Sep 3, 1999
Sold by
Correa Rafael and Correa Dionisia
Bought by
Rojas Juan P and Herrera Rosa Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1995
Sold by
Libolt Keith P and Libolt Donna
Bought by
Chavarria Sonia
Source: Public Records
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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 Ny Equities Llc $160,000 Assurance Abstract & Title S
Newburgh Ny Equities Llc $160,000 Assurance Abstract & Title S
Hyh Newburgh Llc -- None Available
Geppinew Holdings Llc $60,000 Steven Landy
Geppinew Holdings Llc $60,000 Steven Landy
Fortune Stream Realty Llc $55,000 Thomas Murphy
Fortune Stream Realty Llc $55,000 Thomas Murphy
Hsbc Bank Usa Na $2,286 Steven Baum
Hsbc Bank Usa Na $2,286 Steven Baum
Lu Haihaui $60,000 Thomas Murphy
Lu Haihaui $60,000 Thomas Murphy
Hsbc Bank Usa National Assoc $214,184 Steven J Baum
Hsbc Bank Usa National Assoc $214,184 Steven J Baum
Brown Stacy Ann $220,000 Wesley G. Wallen
Brown Stacy Ann $220,000 Wesley G. Wallen
Senketwal Corporation $83,000 David Kintzer
Senketwal Corporation $83,000 David Kintzer
Rojas Juan P $64,600 Commonwealth Land Title Ins
Rojas Juan P $64,600 Commonwealth Land Title Ins
Chavarria Sonia $47,000 --
Chavarria Sonia $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newburgh Ny Equities Llc $177,500
Closed Newburgh Ny Equities Llc $177,500
Previous Owner Hyh Newburgh Llc $1,430,000
Previous Owner Rojas Juan P $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2025 03/19/25 Sold $160,000 0.0% $65 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
11/23/2024 11/23/24 For Sale $160,000 +190.9% $65 / Sq Ft
06/15/2012 06/15/12 Sold $55,000 0.0% $22 / Sq Ft View Prior Sale
05/08/2012 05/08/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $55,000 -- $22 / 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 $7,040 $213,000 $19,600 $193,400
2023 $7,040 $213,000 $19,600 $193,400
2022 $6,076 $142,200 $9,600 $132,600
2021 $5,528 $118,500 $8,700 $109,800
2020 $3,989 $100,400 $8,700 $91,700
2019 $1,577 $73,800 $8,700 $65,100
2018 $1,577 $67,100 $9,300 $57,800
2017 $2,922 $57,600 $9,300 $48,300
2016 $2,607 $50,400 $9,300 $41,100
2015 -- $54,800 $9,300 $45,500
2014 -- $54,800 $9,300 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6336109

OneKey® MLS

APN: 331100-029-000-0004-030.000-0000

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