NOT LISTED FOR SALE

1033 University Place Schenectady, NY 12308

Estimated Value: $255,000 - $309,000

5 Beds
3 Baths
2,616 Sq Ft
$108/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $255,000 $97 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,139/month

7 Days on Market

Highlights

  • Deck
  • Full Attic
  • Front Porch
  • Wood Flooring
  • No HOA
  • Bathroom on Main Level

About This Home

As of May 2024

This well maintained 3 unit home is in a prime location just minutes from Union College and the nearest bus stop. It has an annual rental income of $35,268. The first floor unit is a large 3 bedroom unit with a bonus room that could be used as an office or additional bedroom with hardwood floors throughout. The second floor contains 2 one bedroom apartments with a large deck off of the rear apartment and a fully fenced in backyard. Don't miss out on this great investment opportunity!

Last Agent to Sell the Property

Destiny Ciccone

Howard Hanna License #10401341844 Listed on: 01/14/2024

Howard Hanna

Last Buyer's Agent

Nicholas Khachadourian

KW Platform License #10401305182

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,631

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,616 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Laundry on main level

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

  • Schenectady High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for heat, electricity, gas
  • The owner pays for trash collection, sewer, water
  • Assessor Parcel Number 421500 39.74-1-27

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,631

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Zoning: Multi Residence
  • Year Built: 1900
  • Directions: Between Union Ave and Union Street
  • Above Grade Finished Sq Ft: 2616.0
  • Financial Details General Taxes: 4790.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2551.27
  • School Taxes Description: Actual
  • Lot Size Acres: 0.1
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Sale Detail Buyer Zip Code: 12308
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Rental Income: 35268.0
  • Rental Income Description: Yearly
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Flooring:Laminate: Yes
  • Laundry Features:Main Level: Yes
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Fencing:Wood4: Yes
  • Electric:Circuit Breakers: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate
  • Basement: Full, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2616.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 2nd
  • Owner Pays: Trash Collection, Sewer, Water
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Fencing: Wood, Back Yard
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Front Porch
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:None37: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Parking Features: Off Street, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 150 Amp Service, Circuit Breakers
  • Heating: Baseboard, Hot Water, Natural Gas
  • Laundry Features: Main Level, Other
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: 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 39.74-1-27
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Electricity, Gas

Tax Info

  • Tax Annual Amount: 7631.35

MLS Schools

  • HighSchool: Schenectady

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2021
Sold by
Ryan Matthew
Bought by
Reyes Anthony and Reyes Evangeline
Current Estimated Value
$282,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2020
Closed on
May 14, 2020
Sold by
Fuentes Veronica and Eilat Dalia
Bought by
Ryan Matthew
Seller's Agent
Steven Sbardella
518 Realty.Com Inc
Buyer's Agent
Jessica Dufek
Purdy Realty LLC
List Price
$157,000
Sold Price
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$154,156
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2004
Sold by
Fuentes Veronica
Bought by
Fuentes Veronica
Source: Public Records

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
Reyes Anthony $210,000 Market Title Services Llc
Reyes Anthony $210,000 Market Title
Ryan Matthew $157,000 None Available
Fuentes Veronica -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Jasmine $242,250
Closed Reyes Anthony $157,500
Previous Owner Ryan Matthew $154,156
Previous Owner Fuentes Veronica $98,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $255,000 +2.0% $97 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/14/2024 01/14/24 For Sale $250,000 +59.2% $96 / Sq Ft
05/14/2020 05/14/20 Sold $157,000 0.0% $60 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $157,000 0.0% $60 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $157,000 -- $60 / 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 $7,609 $126,800 $19,000 $107,800
2023 $7,609 $126,800 $19,000 $107,800
2022 $7,379 $126,800 $19,000 $107,800
2021 $7,319 $126,800 $19,000 $107,800
2020 $7,183 $126,800 $19,000 $107,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202410559

Global MLS

APN: 421500 39.74-1-27