NOT LISTED FOR SALE

1041 Phoenix Ave Schenectady, NY 12308

Estimated Value: $247,118 - $321,000

6 Beds
2 Baths
2,844 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $245,000 $86 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,121/month

55 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Bathroom on Main Level
  • Wood Flooring
  • Front Porch
  • Forced Air Heating System

About This Home

As of June 2024

This charming 2 family home generates an annual rental income of $38,304 and is located right off of Union Street. Each unit contains 3 bedrooms and front and back porches along with a spacious backyard and off street parking. Don't miss this opportunity to own a well maintained investment property!

Last Agent to Sell the Property

Destiny Ciccone

Howard Hanna Capital Inc License #10401341844 Listed on: 02/15/2024

Howard Hanna Capital Inc

Last Buyer's Agent

Tauseef Baksh

Berkshire Hathaway HomeServices Blake, REALTORS License #10301222552

Berkshire Hathaway HomeServices Blake, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,813

Year Built

  • Built in 1910

Lot Details

  • 6,970

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,844 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking

Schools

  • Schenectady High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Additional Features

  • Front Porch
  • 6,970 Sq Ft Lot

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 39.84-2-85

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,813

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Directions: From Union St, turn onto Phoenix Ave. House is on the left
  • Above Grade Finished Sq Ft: 2844.0
  • Architectural Style: Traditional
  • Lot Size Acres: 0.16
  • Parking Features Parking Total: 6.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income: 38304.0
  • Rental Income Description: Yearly
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Flooring:Hardwood: Yes
  • Laundry Features:In Basement: Yes
  • Foundation Details:Stone4: Yes
  • Electric:Circuit Breakers: Yes
  • Architectural Style:Traditional: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood
  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2844.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Sewer, Water
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Rear Porch, Front Porch
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Parking Features: Paved, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service, Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • 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 39.84-2-85
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Electricity, Gas

Tax Info

  • Tax Annual Amount: 6813.13

MLS Schools

  • HighSchool: Schenectady

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Jun 12, 2024
Sold by
Aarjr Llc
Bought by
Khedaru Muhammad Arif
Seller's Agent
Destiny Ciccone
Howard Hanna Capital Inc
Buyer's Agent
Tauseef Baksh
Berkshire Hathaway HomeServices Blake, REALTORS
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%
Views
154
Current Estimated Value
$296,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,280
Avg. Annual Appreciation
12.53%
Original Mortgage
$183,750
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2019
Closed on
Dec 20, 2019
Sold by
Murphy Betty G and Betty G Murphy Revocable Trust
Bought by
Aarjr Llc
Seller's Agent
Adrienne Pieluszczak
Howard Hanna Capital Inc
Buyer's Agent
Jessica Dufek
RE/MAX Essential
List Price
$164,900
Sold Price
$152,000
Premium/Discount to List
-$12,900
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$114,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2007

Purchase Details

Closed on
Dec 27, 2005
Sold by
Davey Bradford T
Bought by
Murphy Betty G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2002
Sold by
Sarbo Tracie M
Bought by
Davey Bradford T

Purchase Details

Closed on
Mar 3, 1999
Sold by
W K K Inc
Bought by
Sarbo Tracie

Purchase Details

Closed on
Dec 23, 1998
Sold by
Tanski Ronald E
Bought by
W K K Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Khedaru Muhammad Arif $245,000 Stewart Title
Khedaru Muhammad Arif $245,000 Stewart Title
Aarjr Llc $152,000 Ans Title
-- -- --
Murphy Betty G $119,000 Glen Witecki
Davey Bradford T $77,100 Stan Skubis
Sarbo Tracie $52,500 --
Sarbo Tracie -- Naughton Michael
W K K Inc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khedaru Muhammad Arif $183,750
Previous Owner Aarjr Llc $114,000
Previous Owner Murphy Betty G $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2024 06/17/24 Sold $245,000 -5.8% $86 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $260,000 +71.1% $91 / Sq Ft
12/20/2019 12/20/19 Sold $152,000 -1.9% $53 / Sq Ft View Prior Sale
10/07/2019 10/07/19 Pending -- -- --
10/04/2019 10/04/19 Price Changed $154,900 -6.1% $54 / Sq Ft
09/04/2019 09/04/19 For Sale $164,900 0.0% $58 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $164,900 0.0% $58 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
08/04/2019 08/04/19 For Sale $164,900 -- $58 / 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 $6,987 $119,500 $17,900 $101,600
2023 $68 $119,500 $17,900 $101,600
2022 $6,627 $119,500 $17,900 $101,600
2021 $6,575 $119,500 $17,900 $101,600
2020 $6,517 $119,500 $17,900 $101,600
2019 $4,041 $119,500 $17,900 $101,600
2018 $6,576 $119,500 $17,900 $101,600
2017 $5,639 $119,500 $17,900 $101,600
2016 $6,676 $119,500 $17,900 $101,600
2015 -- $119,500 $17,900 $101,600
2014 -- $119,500 $17,900 $101,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202412103

Global MLS

APN: 039-084-0002-085-000-0000