NOT LISTED FOR SALE

1014 Gerling St Schenectady, NY 12308

Estimated Value: $237,000 - $259,000

5 Beds
2 Baths
1,948 Sq Ft
$126/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $243,800 $125 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,870/month

42 Days on Market

Highlights

  • 0.34 Acre Lot
  • Wood Flooring
  • 2 Car Attached Garage
  • Traditional Architecture
  • No HOA
  • 2-minute walk to Steinmetz Park

About This Home

As of May 2024

BACK ON MARKET DUE TO BUYER NOT ABLE TO OBTAIN FINANCING!! Check out this well-maintained two-family property on Gerling St in Schenectady, NY. Very much cared for, each unit exudes comfort and charm. The additional vacant lot is a very nice bonus, offering endless possibilities for expansion or outdoor enjoyment. Whether you're seeking a lucrative investment with ease of tenant occupancy or envisioning a cozy owner-occupied haven, this property seamlessly fulfills both aspirations. Don't miss the chance to make this your home or investment gem in a wonderful location.

Last Listed By

Anthony Wolcott

Gabler Realty LLC License #10401352128 Listed on: 03/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,113

Year Built

  • Built in 1925

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • 1,948 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Wood Siding
  • Block Exterior
  • Vinyl Siding
  • Asphalt

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Jessie T. Zoller Elementary School
  • Schenectady High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • 150 Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2.000 / 5
  • Assessor Parcel Number 421500 39.36-5-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,113

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Directions: Drive East on Lenox Rd from Nott St and turn right onto Gerling St
  • Above Grade Finished Sq Ft: 1948.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 2314.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3799.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.34
  • New Construction: No
  • Parking Features Parking Total: 6.0
  • Sale Detail Buyer Zip Code: 12307
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Gas Meters: 2
  • Number of Separate Water Meters: 1
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Hardwood
  • Basement: Exterior Entry, Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 1948.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes
  • Basement:Exterior Entry: Yes
  • Attic Features:Walk-Up: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Block, Drywall, Vinyl Siding, Wood Siding
  • Foundation Details: Block
  • Waterfront: No
  • Construction Materials:Drywall: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Paved, Attached, Driveway, Garage
  • Attached Garage: Yes
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 150 Amp Service
  • Heating: Hot Water, Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Land Lease: No
  • Lot Features: Level, Cleared
  • Parcel #: 421500 39.36-5-2
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6113.0
  • Tax Block: 5
  • Tax Lot: 2.000
  • Tax Tract: 39.36

MLS Schools

  • Elementary School: Jessie T. Zoller
  • HighSchool: Schenectady

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chatergoon Girgawatee $238,402
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $243,800 +8.4% $125 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $225,000 0.0% $116 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $225,000 -- $116 / Sq Ft
Source: Global 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
2024 $6,092 $115,000 $17,300 $97,700
2023 $6,092 $115,000 $17,300 $97,700
2022 $5,994 $115,000 $17,300 $97,700
2021 $5,957 $115,000 $17,300 $97,700
2020 $5,851 $115,000 $17,300 $97,700
2019 $3,468 $115,000 $17,300 $97,700
2018 $5,908 $115,000 $17,300 $97,700
2017 $5,444 $115,000 $17,300 $97,700
2016 $6,067 $115,000 $17,300 $97,700
2015 -- $115,000 $17,300 $97,700
2014 -- $115,000 $17,300 $97,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202411052

Global MLS

APN: 039-036-0005-002-000-0000