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16 Burning Tree Drive

16 Burning Tree Drive, Newburgh, NY 12550
Property in Newburgh
Sold Nov 14, 2016
$499,400
$399,520 by Homestead Funding Corp
Mortgage Due Jan 01, 2045
Sold Mar 16, 2016
$712,484
16 Burning Tree Drive in Newburgh, NY was first built in 2002 and is 22 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 16 Burning Tree Drive has 3,140 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,400 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,340 ft and the linear feet between the front and back of the lot is 2,300. In total, the area measurement of the land is 30,820 square feet.

Learn more about the property and building on this page. There is a covered porch. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16 Burning Tree Drive was last sold in Oct 31, 2016 for $499,400. According to our calculations, that's $159.04 per sqft. Prior to that sales transaction, the property was sold for $712,484 in Feb 11, 2016. Current property owners are expected to pay $22,602 in taxes per year. The property on 16 Burning Tree Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $209,000. To break that down further, the land itself was valued at $19,000. While improvements to the property were assessed at a total of $190,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: A
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,400
  • Garage Type: Underground/basement
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 30,820
  • Lot Size Depth Feet: 2,300
  • Lot Size Frontage Feet: 1,340
  • Total Building Area: 3,140
  • Building Area: 3,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 3,140
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: BURNING TREE
  • Land Acres: 0.707
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 2 BURNING TREE SUB

Ownership

  • Current Owner : SCATURRO MARCY
  • Previous Owner : CIT BANK NA
  • Owner Before Previous Owner: JOSEPH B STEFFY AS REFEREE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newburgh City School District
  • School Tax School District: NEWBURGH
  • Census Tract: 010200

Geography

  • District: 334600
  • Section: 20.00
  • Parcel: 334600 20-3-7
  • Block: 3
  • Lot: 7.000
  • Municipality: NEWBURGH
  • Latitude: 41.5493
  • Longitude: -73.9971

    Address

  • Full Address: 16 Burning Tree Dr
  • Address - House Number: 16
  • Address - Street Name: Burning Tree
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C016
  • 4-Digit Zip Code: 1301
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,602
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2708
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 811,439
  • High Value: 1,031,234
  • Low Value: 591,643

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,520
  • First Open Lien Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Open Lien Mortgage Recording Date: Nov 14, 2016
  • First Open Lien Mortgage Loan Amount: $399,520
  • First Open Lien Mortgage Term: 337
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2045

    Market Valuation

  • Market Total Value: $968,000
  • Market Land Value: $88,000
  • Market Improvement Value: $880,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,000
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $190,000

    Sales

  • Current Sale Contract Date: Oct 31, 2016
  • Current Sale Recording Date: Nov 14, 2016
  • Current Sale Transaction ID: 1923798113
  • Current Sale Price: $499,400
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 16, 2016
  • Previous Sale Contract Date: Feb 11, 2016
  • Previous Sale Amount: $712,484
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Mortgage Transaction Date: Nov 14, 2016
  • First Mortgage Loan Amount: $399,520
  • First Mortgage Terms: 337
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2045

About Orange



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Frequently Asked Questions

What neighborhood is 16 Burning Tree Drive located in?
The 16 Burning Tree Drive is a located in the neighborhood of Newburgh in Orange, Newburgh.
What is the average sales price for listings in 16 Burning Tree Drive?
The average sales price for units in 16 Burning Tree Drive is $0 currently.

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