NOT LISTED FOR SALE

1026 Park Ave Schenectady, NY 12308

Estimated Value: $203,112 - $338,000

6 Beds
2 Baths
2,924 Sq Ft
$89/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $30,000 $10 Per Sq Ft

Est. 763% increase in value since last sale

Current estimated payment $1,944/month

2 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Wood Siding
  • Full Attic
  • Level Lot
  • Heating System Uses Natural Gas

About This Home

As of August 2014

ATTENTION INVESTORS! Great opportunity to obtain a large two family home in need of rehab located just minutes from Union College. This home is priced to sell and would be great for student housing or positive rental cash flow. Large units, off street parking, nice neighborhood of well maintained homes just off Union St, close to everything. Entry and exit is through 2nd floor unit only. Please bring a flashlight (Danger) use extreme caution on front porch. Fair Condition

Last Listed By

Tracy Fraim

Assist 2 Sell Buyers & Sellers Listed on: 07/02/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x163
  • Level Lot
  • Wooded Lot

Home Design

  • Duplex
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 2,924 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Full Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 55 / 1
  • Assessor Parcel Number 421500 39.75-1-55

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Directions: Union St from Rt 7 toward Union College to a right on Park Av.
  • Above Grade Finished Sq Ft: 2924.0
  • Lot Size Acres: 0.15
  • Lot Size: 40X163
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Possession Possession Legacy: TBD
  • Sale Detail Seller Contribution: No
  • Subdivision Name: Union College
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2924.0
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: None, Natural Gas
  • Water Source: Public
  • Heating Yn: No
  • Heating:None14: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level, Wooded
  • Parcel #: 421500 39.75-1-55
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5000.0
  • Tax Block: 1
  • Tax Lot: 55
  • Tax Tract: 39.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2014
Closed on
Aug 6, 2014
Sold by
Vanderbilt Mortgage & Finance Inc
Bought by
Roopnarain Hemant
Seller's Agent
Tracy Fraim
Assist 2 Sell Buyers & Sellers
Buyer's Agent
Michael Pezzi
Miranda Real Estate Group, Inc
List Price
$37,500
Sold Price
$30,000
Premium/Discount to List
-$7,500
-20%
Total Days on Market
2
Current Estimated Value
$259,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,028
Avg. Annual Appreciation
22.03%

Purchase Details

Closed on
Jan 13, 2014
Sold by
Holt Timothy J and Blaauboer Jennifer L
Bought by
Vanderbilt Mortgage & Finance Inc

Purchase Details

Closed on
May 16, 2007
Sold by
Christy Timothy W
Bought by
Holt Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
9.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
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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
Roopnarain Hemant $30,000 None Available
Vanderbilt Mortgage & Finance Inc $188,516 Web Title Agency
Holt Timothy J $127,000 Theresa Ries
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holt Timothy J $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2014 08/08/14 Sold $30,000 -20.0% $10 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $37,500 -- $13 / 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 $6,091 $109,100 $18,100 $91,000
2023 $6,091 $109,100 $18,100 $91,000
2022 $5,956 $109,100 $18,100 $91,000
2021 $5,912 $109,100 $18,100 $91,000
2020 $5,809 $109,100 $18,100 $91,000
2019 $3,549 $109,100 $18,100 $91,000
2018 $5,863 $109,100 $18,100 $91,000
2017 $5,188 $109,100 $18,100 $91,000
2016 $6,006 $109,100 $18,100 $91,000
2015 -- $109,100 $18,100 $91,000
2014 -- $120,900 $18,100 $102,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201413803

Global MLS

APN: 039-075-0001-055-000-0000