NOT LISTED FOR SALE

1044 Palmer Ave Schenectady, NY 12309

Estimated Value: $342,000 - $443,000

6 Beds
2 Baths
3,300 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $276,000 $84 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,889/month

4 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • 2 Car Attached Garage
  • Vernon School Rated 9+
  • No HOA
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of September 2021

A truly rare find! All concrete/brownstone 2 family property, located in the much sought after and award winning NISKAYUNA school district in excellent condition. Each unit boasts 3 bedrooms, hardwood floors, large windows, and plenty of off street parking and a garage. Located near Union street and centrally located to all amenities and shops and close to a bus stop. This will not last long. Positive cash flow for investors or live in owner. See agent remarks for limited showings please. Excellent Condition

Last Agent to Sell the Property

David La Mar

Coldwell Banker Prime Properties Listed on: 06/24/2021

Last Buyer's Agent

David La Mar

RE/MAX Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,200

Year Built

  • Built in 1938

Lot Details

  • Lot Dimensions are 43 x 160
  • Fenced
  • Level Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Siding
  • Asphalt

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Laundry in Basement
  • Full Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 58 / 5
  • Assessor Parcel Number 422400 50.6-5-58

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,200

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1938
  • Directions: gps
  • Above Grade Finished Sq Ft: 3300.0
  • Lot Size: 43 x 160
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: tbd
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income Description: Actual
  • Flooring:Hardwood: Yes
  • Fencing:Fenced: Yes
  • Laundry Features:In Basement: Yes
  • Levels Two: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood
  • Basement: Unfinished
  • Total Bedrooms: 6
  • Living Area: 3300.0
  • Basement:Unfinished: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Stone
  • Fencing: Fenced
  • Waterfront: No
  • Lot Features:Level: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Stone5: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Attached
  • Attached Garage: Yes
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • 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
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 1 Amenities:Built-in Features4: Yes
  • Unit 2 Amenities:Built-in Features5: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes
  • Unit 1 Amenities:Chair Rail2: Yes

Schools

  • Junior High Dist: Niskayuna

Lot Info

  • Lot Features: Level, Garden
  • Parcel #: 422400 50.6-5-58

Tax Info

  • Tax Annual Amount: 7200.0
  • Tax Block: 5
  • Tax Lot: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 23, 2021
Sold by
Desimone Diana
Bought by
Ivery Jasmine Lee
Seller's Agent
David La Mar
Coldwell Banker Prime Properties
Buyer's Agent
David La Mar
RE/MAX Capital
List Price
$264,000
Sold Price
$276,000
Premium/Discount to List
$12,000
4.55%
Current Estimated Value
$390,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,850
Avg. Annual Appreciation
8.64%
Original Mortgage
$257,720
Outstanding Balance
$233,994
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$156,856

Purchase Details

Listed on
May 31, 2018
Closed on
Aug 3, 2018
Sold by
Jbb Properties Inc
Bought by
Desimone Diana
Seller's Agent
Rory O'connor
Saratoga Real Property, Inc.
Buyer's Agent
David La Mar
RE/MAX Capital
List Price
$219,900
Sold Price
$221,000
Premium/Discount to List
$1,100
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$209,950
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2009
Sold by
Chong Hyuncher and Chong Susan J
Bought by
Jbb Properties Inc

Purchase Details

Closed on
Oct 17, 2008
Sold by
Trustee The Bank Of New York
Bought by
Chong Hyuncher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
5.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2008
Sold by
Hara Keith O
Bought by
Bank Of New York

Purchase Details

Closed on
Apr 27, 2001
Sold by
Mare Patricia
Bought by
Ohara Keith P

Purchase Details

Closed on
Nov 16, 1998
Sold by
Williams Alexander G
Bought by
Mare Patricia

Purchase Details

Closed on
Dec 29, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ivery Jasmine Lee $276,000 Chicago Title Insurance Co
Desimone Diana $221,000 None Available
Jbb Properties Inc -- None Available
Chong Hyuncher $148,000 Chad Balzer
Bank Of New York $174,000 --
Ohara Keith P $139,500 Kevin G Caslin
Mare Patricia $30,000 --
-- $17,254 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivery Jasmine Lee $257,720
Previous Owner Desimone Diana $209,950
Previous Owner Chong Hyuncher $123,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2021 09/24/21 Sold $276,000 +4.5% $84 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $264,000 +19.5% $80 / Sq Ft
08/03/2018 08/03/18 Sold $221,000 +0.5% $68 / Sq Ft View Prior Sale
06/04/2018 06/04/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $219,900 -- $68 / 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 $9,995 $220,000 $32,000 $188,000
2023 $10,153 $220,000 $32,000 $188,000
2022 $9,924 $220,000 $32,000 $188,000
2021 $8,011 $190,000 $32,000 $158,000
2020 $7,206 $190,000 $32,000 $158,000
2019 $3,711 $190,000 $32,000 $158,000
2018 $7,278 $190,000 $32,000 $158,000
2017 $6,940 $190,000 $32,000 $158,000
2016 $7,048 $190,000 $32,000 $158,000
2015 -- $190,000 $32,000 $158,000
2014 -- $190,000 $32,000 $158,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David La Mar

    Coldwell Banker Prime Properties

  • Rory O'connor

    Seller's Agent in 2018

    Rory O'connor

    Saratoga Real Property, Inc.

    (518) 857-6400

    7 Total Sales

    Rory O'connor
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Map

Source: Global MLS

MLS Number: 202121939

Global MLS

APN: 050-006-0005-058-000-0000

New York Schenectady County Schenectady 12309

1044 Palmer Ave, Schenectady, NY

Not Listed for Sale

MultiFamily

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