NOT LISTED FOR SALE

1056 Gillespie St Schenectady, NY 12308

Estimated Value: $305,000 - $363,105

8 Beds
3 Baths
3,812 Sq Ft
$90/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $255,000 $67 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,441/month

18 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Porch
  • Wood Flooring
  • 2 Car Detached Garage
  • Window Unit Cooling System

About This Home

As of January 2021

Exceptionally well cared for 3-Unit Queen Anne Victorian that is in an outstanding city location and in excellent condition. Great income producer that is just a short walk to the Union College campus, Union Street / Union Avenue. All three (3) units are large and have been very nicely maintained, outstanding rents, stable tenants. Two car (2) garage plus off street parking. Excellent Condition

Last Agent to Sell the Property

Bill Hannon

Howard Hanna Capital Inc License #10401210864 Listed on: 10/09/2020

Howard Hanna Capital Inc

Last Buyer's Agent

Joseph Mulone

EXIT Realty Capitals Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,997

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 38x150
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Clapboard
  • Asphalt

Interior Spaces

  • 3,812 Sq Ft Home
  • Wood Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Porch

Schools

  • Schenectady High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Listing and Financial Details

  • Tenant pays for hot water, electricity, gas
  • The owner pays for trash collection, parking fee, snow removal, grounds care, heat
  • Legal Lot and Block 43 / 1
  • Assessor Parcel Number 421500 39.74-1-43
  • Seller Concessions Not Offered

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $4,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,997

Year Built

Built in 1900

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 1176.0
  • Year Built: 1900
  • Directions: Union Street to Gillespie Street Or Union Avenue to Gillespie Street
  • Above Grade Finished Sq Ft: 3812.0
  • Architectural Style: Other, See Remarks
  • Financial Details General Taxes: 2555.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 4442.0
  • School Taxes Description: Actual
  • Lot Size: 38X150
  • Parking Features Parking Total: 2.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number of Separate Water Meters: 1
  • Electric Expense Description: Actual
  • Gas Expense Description: Actual
  • Insurance Expense Description: Actual
  • Other Income Description: Actual
  • Income: 40800.0
  • Income Description: Actual
  • Number Of Air Conditoners: 1
  • Number of Dishwashers: 2
  • Unit Information Number Of Dryers: 2
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Unit Information Number Of Washers: 2
  • Flooring:Wood: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space, Full
  • Living Area: 3812.0
  • Owner Pays: Trash Collection, Parking Fee, Snow Removal, Grounds Care, Heat
  • Full Basement: Yes
  • Attic Features:Hatch: Yes
  • Basement:Crawl Space: Yes
  • Attic Features:Part: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 3 Owner Furnish Features:Owner Furnishes3: Heat

Exterior Features

  • Roof: Asphalt
  • Construction Type: Clapboard
  • Patio And Porch Features: Porch
  • Waterfront: No
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Clapboard2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Owner Pays:Parking Fee2: Yes
  • Unit 3 Owner Furnish Features:Parking4: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Steam, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Steam: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 1823.0

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level
  • Parcel #: 421500 39.74-1-43

Rental Info

  • Tenant Pays: Hot Water, Electricity, Gas

Multi Family

  • Insurance Expense: 4228.0
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6997.0
  • Tax Block: 1
  • Tax Lot: 43

MLS Schools

  • HighSchool: Schenectady

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Craven Jacqueline C
Bought by
Rowen Aaron and Brady Anna
Current Estimated Value
$342,526

Purchase Details

Listed on
Oct 9, 2020
Closed on
Jan 20, 2021
Sold by
Craven Jacqueline C
Bought by
Lafleur Brandon Douglas
Seller's Agent
Bill Hannon
Howard Hanna Capital Inc
Buyer's Agent
Joseph Mulone
EXIT Realty Capitals Choice
List Price
$279,900
Sold Price
$255,000
Premium/Discount to List
-$24,900
-8.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$210,300
Interest Rate
2.71%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Rowen Aaron -- None Listed On Document
Lafleur Brandon Douglas $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lafleur Brandon Douglas $210,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $255,000 -8.9% $67 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $279,900 -- $73 / Sq Ft
Source: Global MLS

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 $7,671 $123,300 $18,500 $104,800
2023 $74 $123,300 $18,500 $104,800
2022 $4,627 $123,300 $18,500 $104,800
2021 $7,085 $123,300 $18,500 $104,800
2020 $6,997 $123,300 $18,500 $104,800
2019 $4,447 $123,300 $18,500 $104,800
2018 $2,761 $123,300 $18,500 $104,800
2017 $2,761 $123,300 $18,500 $104,800
2016 $6,028 $123,300 $18,500 $104,800
2015 -- $123,300 $18,500 $104,800
2014 -- $123,300 $18,500 $104,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202030432

Global MLS

APN: 039-074-0001-043-000-0000

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