NOT LISTED FOR SALE
7 Beds
5 Baths
3,950 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: December 30, 2016

Last sale price $230,000 $58 Per Sq Ft

56 Days on Market

Highlights

  • Active Adult
  • Baseboard Heating
  • Level Lot
  • No HOA

About This Home

As of December 2016

INVESTOR OPPORTUNITY TO MAKE GREAT CASH FLOW! SITUATED ON A BIG LOT CONVENIENT TO THE BUSLINE AND SHOPPING NEAR THE COLONIE SCHENECTADY NISKAYUNA BORDER. THIS 5 UNIT INCOME PROPERTY CONSISTS OF A 3 FAMILY HOUSE & A 2 FAMILY HOUSE. FULLY OCCUPIED CURRENT RENT IS 10%- 20% BELOW MARKET WITH LONG TERM TENANTS LEAVING ROOM FOR GROWTH WITH IMPROVEMENTS. SEPARATE HEAT & UTILITIES. SELLER WILL FINANCE WITH $100,000 DOWN @7% -- Good Condition

Last Agent to Sell the Property

Andrew Mironchuk

Miron Realty License #10371200790 Listed on: 09/16/2016

Last Buyer's Agent

Diane Friedman

Millenium Real Estate Sales License #30OL0506325

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,253

Year Built

  • Built in 1941

Lot Details

  • 14,375 Sq Ft Lot
  • Level Lot

Parking

  • 15 Parking Spaces

Home Design

  • Slab Foundation
  • Slate Roof
  • Clapboard
  • Asphalt

Interior Spaces

  • 3,950 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Electric Baseboard Heater

Listing and Financial Details

  • The owner pays for parking fee
  • Legal Lot and Block 1 / 6
  • Assessor Parcel Number 012689 16.7-6-1

Community Details

Overview

  • Active Adult
  • No Home Owners Association

Building Details

  • Insurance Expense $3,365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,253

Year Built

Built in 1941

Lot Details

0.33 Acres

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1941
  • Directions: FROM COLONIE RT 5 (CENTRAL A) WEST OF RT 155 (NEW KARNER) PASS LISHAKILL RD, LEFT ON COVINGTON. FROM SCHEN. AT MOHAWK MALL RT 5 EAST RIGHT ON COVINGT
  • Above Grade Finished Sq Ft: 3950.0
  • Architectural Style: Other, See Remarks
  • Financial Details General Taxes: 1889.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3364.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.33
  • Lot Size: 14,375 sf
  • Parking Features Parking Total: 15.0
  • Possession Possession Legacy: ARRANGED
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Actual
  • Income: 38640.0
  • Income Description: Actual
  • Number of Refrigerators: 5
  • Unit Information Number Of Stoves: 5
  • Foundation Details:Slab: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Slab
  • Living Area: 3950.0
  • Owner Pays: Parking Fee
  • Full Basement: Yes
  • Basement:Slab2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes

Exterior Features

  • Roof: Slate, Asphalt
  • Construction Type: Clapboard
  • Foundation Details: Slab
  • Lot Features:Level: Yes
  • Construction Materials:Clapboard2: Yes

Garage/Parking

  • Total Parking Spaces: 15.0
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Owner Pays:Parking Fee2: Yes
  • Unit 3 Owner Furnish Features:Parking4: Yes
  • Unit 4 Owner Furnish Features:Parking5: Yes
  • Unit 5 Owner Furnish Features:Parking6: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Electric, Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: South Colonie

Lot Info

  • Lot Features: Level
  • Parcel #: 012689 16.7-6-1
  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres

Multi Family

  • Insurance Expense: 3365.0

Tax Info

  • Tax Annual Amount: 5253.0
  • Tax Block: 6
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Dec 30, 2016
Sold by
Bought by
Seller's Agent
Andrew Mironchuk
Miron Realty
Buyer's Agent
Diane Friedman
Millenium Real Estate Sales
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.0325%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$230,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Closed $203,881
Closed $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $230,000 -8.0% $58 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $250,000 -- $63 / Sq Ft
Source: Global MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,579 $135,000 $24,800 $110,200
2024 $6,427 $135,000 $24,800 $110,200
2023 $6,447 $135,000 $24,800 $110,200
2022 $6,071 $135,000 $24,800 $110,200
2021 $5,991 $135,000 $24,800 $110,200
2020 $5,869 $135,000 $24,800 $110,200
2019 $2,836 $135,000 $24,800 $110,200
2018 $5,787 $135,000 $24,800 $110,200
2017 $3,587 $135,000 $24,800 $110,200
2016 $5,536 $135,000 $24,800 $110,200
2015 -- $135,000 $24,800 $110,200
2014 -- $135,000 $24,800 $110,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201619203

Global MLS
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