NOT LISTED FOR SALE

1021 University Place Schenectady, NY 12308

Estimated Value: $192,418 - $343,000

6 Beds
2 Baths
2,552 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 07, 2013

Last sale price $83,100 $33 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $1,957/month

126 Days on Market

Highlights

  • No HOA
  • Detached Garage
  • Forced Air Heating System

About This Home

As of May 2013

This is a Fannie Mae Homepath Property! Purchase with as little as 3% Down! Approved for Homepath Renovation Mortgage. Great Two Family with a Great Floor Plan, Large Rooms, Hardwood Flooring, and lots of Character. Excellent owner occupant neighborhood with great rental potential. Closely located to Union College in a great area of well maintained homes. Seller directs offers be sudmitted to www.homepath.com. Good Condition

Last Listed By

Pamela Worobey

Adirondack Real Estate LLC Brokerage Email: linda@adirondackrealestate.biz Listed on: 12/06/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,100

Year Built

  • Built in 1912

Lot Details

  • 3,485

Home Design

  • Duplex
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,552 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 30 / 1
  • Assessor Parcel Number 421500 39.74-1-30

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,100

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1912
  • Directions: Union to University Place
  • Above Grade Finished Sq Ft: 2552.0
  • New Construction: No
  • Possession Possession Legacy: tba
  • Sale Detail Seller Contribution: No
  • Attribution Contact: linda@adirondackrealestate.biz
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2552.0
  • Full Basement: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: 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

  • Parcel #: 421500 39.74-1-30

Tax Info

  • Tax Annual Amount: 4100.0
  • Tax Block: 1
  • Tax Lot: 30
  • Tax Tract: 39.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2015
Sold by
Richter James
Bought by
1066 Gillespie Llc
Total Days on Market
126
Current Estimated Value
$256,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$65,249
Interest Rate
4.02%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$162,753

Purchase Details

Listed on
Dec 6, 2012
Closed on
May 5, 2013
Sold by
Federal National Mortgage Association
Bought by
Richter James
Seller's Agent
Pamela Worobey
Adirondack Real Estate LLC
Buyer's Agent
Carol Drew
Gucciardo Real Estate LLC
List Price
$74,000
Sold Price
$83,100
Premium/Discount to List
$9,100
12.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%

Purchase Details

Closed on
Oct 26, 2012
Sold by
Farinango Jose S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 30, 2007
Sold by
Fink Richard
Bought by
Farinango Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
1066 Gillespie Llc -- Stephanie Henry
1066 Gillespie Llc -- None Available
Richter James $83,500 Westcor Land Title Ins Co
Federal National Mortgage Association -- None Available
Farinango Jose $124,000 Paul Knapp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1066 Gillespie Llc $80,000
Previous Owner Farinango Jose $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2013 05/07/13 Sold $83,100 +12.3% $33 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $74,000 -- $29 / 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 $6,410 $118,200 $17,700 $100,500
2023 $6,410 $118,200 $17,700 $100,500
2022 $6,289 $118,200 $17,700 $100,500
2021 $6,245 $118,200 $17,700 $100,500
2020 $6,138 $118,200 $17,700 $100,500
2019 $3,689 $118,200 $17,700 $100,500
2018 $6,197 $118,200 $17,700 $100,500
2017 $5,583 $118,200 $17,700 $100,500
2016 $6,355 $118,200 $17,700 $100,500
2015 -- $118,200 $17,700 $100,500
2014 -- $118,200 $17,700 $100,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201226436

Global MLS

APN: 039-074-0001-030-000-0000