NOT LISTED FOR SALE

1047 Gillespie St Schenectady, NY 12308

Estimated Value: $245,389 - $329,000

6 Beds
2 Baths
2,254 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $230,000 $102 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,092/month

3 Days on Market

Highlights

  • Barn
  • 2 Car Detached Garage
  • Wood Siding
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2021

Investment property or First Time owner with additional income. This well maintained 2-Family is on a quiet street in a great/historic location off Union St and 1/2 block from Union College. Each floor has 3 bedrooms and 1 full bath, separate utilities, and with off street parking. There's a large barn/2-car garage that could be used for many things (storage, parking, work/art shop, etc.

Last Agent to Sell the Property

Brian Evans

Marcia Murray & Associates Realty LLC License #40EV1096286 Listed on: 04/15/2021

Last Buyer's Agent

Elizabeth Foley-Vondell

Howard Hanna Capital Inc License #40FO1178539

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,134

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 35x154

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2,254 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Jessie T. Zoller Elementary School
  • Schenectady High School

Farming

  • Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 51 / 1
  • Assessor Parcel Number 421500 39.74-1-51

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,134

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1920
  • Directions: Union St to Gillespie St. Property is on left.
  • Above Grade Finished Sq Ft: 2254.0
  • Architectural Style: Duplex-Over/Under
  • Lot Size Acres: 0.13
  • Lot Size: 35X154
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: Closing
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income Description: Actual
  • Income: 2300.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2254.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Aluminum Siding, Wood Siding
  • Other Structures: Barn(s)
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • 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:Cable Available3: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes
  • Unit 2 Amenities:Country Kitchen4: Yes
  • Unit 1 Amenities:Country Kitchen3: Yes

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Parcel #: 421500 39.74-1-51
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6134.0
  • Tax Block: 1
  • Tax Lot: 51
  • Tax Tract: 39.74

MLS Schools

  • Elementary School: Jessie T. Zoller
  • HighSchool: Schenectady

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jul 8, 2021
Sold by
Evans Mcgee Kimberly
Bought by
Waite Ian M
Seller's Agent
Brian Evans
Marcia Murray & Associates Realty LLC
Buyer's Agent
Elizabeth Foley-Vondell
Howard Hanna Capital Inc
List Price
$220,000
Sold Price
$230,000
Premium/Discount to List
$10,000
4.55%
Current Estimated Value
$281,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,347
Avg. Annual Appreciation
4.84%
Original Mortgage
$235,290
Outstanding Balance
$215,967
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$62,185

Purchase Details

Closed on
May 9, 2002
Sold by
Evans D
Bought by
Mcgee Kimberly
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 Buyer Sale Price Title Company
Waite Ian M -- Chicago Title
Waite Ian M -- Chicago Title
Mcgee Kimberly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waite Ian M $235,290
Closed Waite Ian M $235,290
Previous Owner Mcgee Kimberly Evans $2,263
Previous Owner Mcgee Kimberly Evans $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $230,000 +4.5% $102 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $220,000 -- $98 / 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 $6,467 $111,400 $16,700 $94,700
2023 $6,467 $111,400 $16,700 $94,700
2022 $6,344 $111,400 $16,700 $94,700
2021 $6,243 $111,400 $16,700 $94,700
2020 $6,139 $111,400 $16,700 $94,700
2019 $3,831 $111,400 $16,700 $94,700
2018 $6,194 $111,400 $16,700 $94,700
2017 $5,287 $111,400 $16,700 $94,700
2016 $6,331 $111,400 $16,700 $94,700
2015 -- $111,400 $16,700 $94,700
2014 -- $111,400 $16,700 $94,700
Source: Public Records

Agents Affiliated with this Home

  • Brian Evans

    Seller's Agent in 2021

    Brian Evans

    Marcia Murray & Associates Realty LLC

    (518) 369-8686

    2 in this area

    26 Total Sales

    Brian Evans
    Section Image
  • Elizabeth Foley-Vondell

    Buyer's Agent in 2021

    Elizabeth Foley-Vondell

    Howard Hanna Capital Inc

    (518) 337-9916

    1 in this area

    37 Total Sales

    Elizabeth Foley-Vondell
    Section Image
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Map

Source: Global MLS

MLS Number: 202115947

Global MLS

APN: 039-074-0001-051-000-0000

New York Schenectady County Schenectady 12308

1047 Gillespie St, Schenectady, NY

This home is located at 1047 Gillespie St, Schenectady, NY 12308 since 15 April 2021 and is currently estimated at $281,347, approximately $124 per square foot. This property was built in 1920. 1047 Gillespie St is a home located in Schenectady County with nearby schools including Jessie T Zoller School, Oneida Middle School, and Schenectady High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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