NOT LISTED FOR SALE

1057 Gillespie St Schenectady, NY 12308

5 Beds
4 Baths
5,000 Sq Ft
0.5 Acres

Last Sold September 19, 2014

Last sale price $329,000 $66 Per Sq Ft

12 Days on Market

Highlights

  • Senior Community
  • Baseboard Heating
  • Level Lot
  • No HOA
  • Heating System Uses Steam

About This Home

As of September 2014

Solid investment. Pristine red brick 6-unit with proven earnings and low maintenance. Six apartments on three stories blend Victorian details with modern upgrades. Hardwood floors, pocket doors, floor-to-ceiling cabinetry, two separate entrances/lobbies, coin laundry, off-street parking. All-new heating system installed in 2008. Tenants pay heat & electric. Safe, tree-lined street in historic district. Next to Union College, near hospitals, GE, and downtown. Fully rented, excellent tenants, low turnover. Excellent Condition

Last Agent to Sell the Property

Kevin Clancy

Clancy Real Estate License #35CL0831623 Listed on: 06/20/2014

Co-Listed By

William Hannon

Clancy Real Estate

Last Buyer's Agent

Dennis McGlauflin

Gallet Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,426

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 100x150
  • Level Lot

Parking

  • 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slate Roof
  • Asphalt

Interior Spaces

  • 5,000 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Electric Baseboard Heater
  • Heating System Uses Steam

Community Details

  • Senior Community
  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 49 / 1
  • Assessor Parcel Number 421500 39.74-1-49

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,426

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1900
  • Directions: Union St. to Gillespie St.
  • Above Grade Finished Sq Ft: 5000.0
  • Architectural Style: Other, See Remarks
  • Financial Details General Taxes: 7938.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 5524.0
  • School Taxes Description: Estimated
  • Lot Size: 100x150
  • Parking Features Parking Total: 5.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Water Sewer Expense Description: Actual
  • Income: 61710.0
  • Income Description: Actual
  • Co List Office Mls Id: o424A
  • Co List Office Phone: 518-861-7016
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 5000.0
  • Full Basement: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 5 Owner Furnish Features:Hot Water8: Yes
  • Unit 6 Owner Furnish Features:Hot Water11: Yes

Exterior Features

  • Roof: Slate, Asphalt
  • Construction Type: Brick
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Electric, Radiant, Steam, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Radiant: 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

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level
  • Parcel #: 421500 39.74-1-49

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Annual Amount: 13426.0
  • Tax Block: 1
  • Tax Lot: 49
  • Tax Tract: 39.74

Multi Family

  • Income And Expenses Other Income: 810

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2014 09/19/14 Sold $329,000 0.0% $66 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $329,000 -- $66 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 201412774

Global MLS