$340,000
SOLD APR 8, 2025

1045 University Place Schenectady, NY 12308

8 Beds
2 Baths
2,940 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

3% Below List Price

12 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Walk-In Closet
  • Solid Surface Countertops
  • Covered Patio or Porch
  • Window Unit Cooling System

About This Home

As of April 2025

Welcome to 1045 University Place, a spacious 8-bedroom, 2-bathroom beautifully renovated two family home located just steps from Union College in Schenectady, NY. Built in 1920, this 2,940-square-foot property offers a prime opportunity for both owner-occupiers and investors. The proximity to Union College is ideal for students and faculty. Laundry on each floor adds to tenant convenience. Enjoy a fun putting green in the yard, perfect for relaxation and entertainment. Close to Proctor's Theater and downtown Schenectady's diverse eateries. Whether you're looking to invest in a high-demand rental property or seeking a spacious home near campus, 1045 University Place presents a unique opportunity. Don't miss out on this versatile property in a prime location.

Last Agent to Sell the Property

Bonnie Sindel

Coldwell Banker Prime Properties License #10301217317 Listed on: 02/06/2025

Coldwell Banker Prime Properties

Co-Listed By

The Bonnie Sindel Team

Coldwell Banker Prime Properties

Last Buyer's Agent

Scott Scorzafava

Scorzafava Real Estate Group LLC License #10491210709

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,670

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Vinyl Fence
  • Back Yard Fenced
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,940 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Paddle Fans
  • Blinds
  • Solid Surface Countertops
  • Laundry closet
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Schenectady High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, gas, heat
  • Legal Lot and Block 24.000 / 1
  • Assessor Parcel Number 421500 39.74-1-24
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,670

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Directions: Union Street to University
  • Above Grade Finished Sq Ft: 2940.0
  • Architectural Style: Other
  • Financial Details General Taxes: 5224.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3467.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.1
  • Parking Features Parking Total: 3.0
  • Sale Detail Buyer Zip Code: 10462
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income Description: Actual
  • Income: 72000.0
  • Number Of Air Conditoners: 2
  • Unit Information Number Of Dryers: 2
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Unit Information Number Of Washers: 2
  • Co List Office Mls Id: o307E
  • Co List Office Phone: 518-370-2100
  • Flooring:Carpet: Yes
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Laundry Features:Laundry Closet: Yes
  • Fencing:Vinyl2: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Hardwood
  • Basement: Unfinished
  • Interior Amenities: Solid Surface Counters, Paddle Fan, Walk-In Closet(s), Ceramic Tile Bath, Dry Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 8
  • Living Area: 2940.0
  • Window Features: Blinds
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Electricity, Gas, Heat
  • Interior Features:Paddle Fan: Yes
  • Interior Features:Dry Bar: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Attic Features:Walk-Up: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Basement:Unfinished: Yes
  • Unit 2 Owner Furnish Features:Electricity5: Yes
  • Unit 2 Owner Furnish Features:Gas7: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 1 Owner Furnish Features:Electricity4: Yes
  • Unit 1 Owner Furnish Features:Gas6: Yes
  • Unit 1 Owner Furnish Features:Internet3: Yes
  • Unit 2 Owner Furnish Features:Internet4: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Fencing: Vinyl, Back Yard
  • Patio And Porch Features: Rear Porch, Covered, Front Porch
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 3.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • 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

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level
  • Parcel #: 421500 39.74-1-24
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8670.0
  • Tax Block: 1
  • Tax Lot: 24.000
  • Tax Tract: 39.74

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Schenectady

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Apr 8, 2025
Sold by
Bass Realty Schenectady Llc
Bought by
Hector Reshma and Bhola Satesh R
Seller's Agent
Bonnie Sindel
Coldwell Banker Prime Properties
Buyer's Agent
Scott Scorzafava
Scorzafava Real Estate Group LLC
List Price
$349,500
Sold Price
$340,000
Premium/Discount to List
-$9,500
-2.72%
Views
37
Current Estimated Value
$366,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,017
Avg. Annual Appreciation
16.24%

Purchase Details

Closed on
May 31, 2022
Sold by
N E Mgt Properties Llc
Bought by
Latch Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2001
Sold by
Bartlett Bartlett M and Bartlett Aviza, J
Bought by
Ne Mgt Properties Llc

Purchase Details

Closed on
Nov 21, 1997
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $340,000 Stewart Title Company
Warranty Deed $210,000 None Listed On Document
Warranty Deed $210,000 None Listed On Document
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2025 04/08/25 Sold $340,000 -2.7% $116 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $349,500 +22.6% $119 / Sq Ft
11/04/2022 11/04/22 Sold $285,000 -4.7% $97 / Sq Ft View Prior Sale
08/23/2022 08/23/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $299,000 -- $102 / 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 $8,691 $173,800 $17,300 $156,500
2023 $8,691 $173,800 $17,300 $156,500
2022 $6,206 $115,200 $17,300 $97,900
2021 $6,162 $115,200 $17,300 $97,900
2020 $6,056 $115,200 $17,300 $97,900
2019 $3,669 $115,200 $17,300 $97,900
2018 $6,113 $115,200 $17,300 $97,900
2017 $5,453 $115,200 $17,300 $97,900
2016 $6,266 $115,200 $17,300 $97,900
2015 -- $115,200 $17,300 $97,900
2014 -- $115,200 $17,300 $97,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202511736

Global MLS

APN: 039-074-0001-024-000-0000