NOT LISTED FOR SALE

1032 University Place Schenectady, NY 12308

Estimated Value: $401,102

9 Beds
3 Baths
3,072 Sq Ft
$131/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $165,000 $54 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,929/month

182 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Eat-In Kitchen
  • Finished Attic
  • 1 Car Detached Garage
  • Window Unit Cooling System

About This Home

As of February 2020

RARE OPPORTUNITY FOR THE BEGINNER INVESTOR OR SEASONED INVESTOR. This property is Zoned RESIDENTIAL DORMITORY/GROUP QUARTERS. The current owner as well as past owner for over 20 years have been renting to Union College students by the room. There are 9 total bedrooms and have been rented at $550.00 per room. Owner has recently put on a new roof, a newer furnace, and the property comes furnished and is ready for new students to arrive for the new school year. The building has incredible charm and offers HW floors throughout, original woodwork, off street parking, a garage, dry basement and the list goes. Not like any other investment property I have seen, this has many possibilities for uses including sober housing, disability organization, veterans housing, etc. Call Steve for info

Last Listed By

Steven Sbardella

518 Realty.Com Inc License #10311202174 Listed on: 08/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,652

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 124
  • Landscaped
  • Level Lot
  • Property is zoned Multi Residence

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Clapboard
  • Asphalt

Interior Spaces

  • 3,072 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • French Doors
  • Finished Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Heating System Uses Steam

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / 1
  • Assessor Parcel Number 421500 39-1-14

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,652

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Zoning: Multi Residence
  • Year Built: 1915
  • Directions: Between Union Ave and Union St minutes to Union College
  • Above Grade Finished Sq Ft: 3072.0
  • Financial Details Full Market Assessment: 188200
  • Financial Details General Taxes: 4660.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3992.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.11
  • Lot Size: 40 x 124
  • New Construction: No
  • Parking Features Parking Total: 9.0
  • Full Bathroom Level: First
  • Sale Detail Seller Contribution: No
  • Garage Yn: Yes
  • Appliances Refrigerators: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Ceramic Tile, Hardwood, Laminate
  • Basement: Full
  • Interior Amenities: Eat-in Kitchen
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Door Features: French Doors
  • Fireplace Features: Bedroom, Wood Burning
  • Fireplaces: 1
  • Living Area: 3072.0
  • Bedroom Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Wood Burning: Yes
  • Full Basement: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Attic Features:Finished2: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace Features:Bedroom: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Clapboard
  • Waterfront: No
  • Construction Materials:Clapboard: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Level: Yes
  • Door Features:French Doors: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 9.0
  • Property Detail:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Radiant, Steam
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level, Landscaped
  • Parcel #: 421500 39-1-14
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8652.0
  • Tax Block: 1
  • Tax Lot: 14
  • Tax Tract: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2012
Sold by
Harris Robert S and Tetreault Richard R
Bought by
Premier Union Properties Llc
Total Days on Market
182
Current Estimated Value
$401,102

Range of Values:

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Average Value
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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
Premier Union Properties Llc $178,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $165,000 -6.8% $54 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
09/24/2019 09/24/19 Price Changed $177,000 -10.5% $58 / Sq Ft
08/19/2019 08/19/19 For Sale $197,700 0.0% $64 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $197,700 -- $64 / 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 $8,474 $177,000 $15,400 $161,600
2023 $8,474 $177,000 $15,400 $161,600
2022 $8,446 $177,000 $15,400 $161,600
2021 $8,389 $177,000 $15,400 $161,600
2020 $8,328 $177,000 $15,400 $161,600
2019 $4,660 $188,200 $15,400 $172,800
2018 $8,653 $188,200 $15,400 $172,800
2017 $8,176 $188,200 $15,400 $172,800
2016 $8,924 $188,200 $15,400 $172,800
2015 -- $188,200 $15,400 $172,800
2014 -- $188,200 $15,400 $172,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201925612

Global MLS

APN: 039-075-0001-014-000-0000