NOT LISTED FOR SALE

1062 Gillespie St Schenectady, NY 12308

Estimated Value: $244,110 - $372,000

7 Beds
3 Baths
3,118 Sq Ft
$95/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $170,000 $55 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,242/month

105 Days on Market

Highlights

  • Active Adult
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • No HOA
  • Zoned Heating

About This Home

As of January 2019

Meticulously Maintained 3 Family off Union St. This home sparkles with pride and care. Hardwood floors, newer cabinets and counter tops in the kitchen and bathrooms. Off street parking. Consider this cash flow property for a owner occupied or investors alike. Convenient location close to Rivers Casino, downtown attractions and Union college. Come and be apart of the influx of investors and businesses coming to the Electric City. Excellent Condition

Last Agent to Sell the Property

Benjamin Albright

Howard Hanna License #10401267243 Listed on: 09/19/2018

Last Buyer's Agent

Edward Williams

Harsch Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,571

Year Built

  • Built in 1900

Lot Details

  • 5,663

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 3,118 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 44 / 1
  • Assessor Parcel Number 421500 39-1-44

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,571

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1900
  • Directions: Off of Union St
  • Above Grade Finished Sq Ft: 3118.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 4571.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2000.0
  • School Taxes Description: Estimated
  • Lot Size: 5700 sq ft
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number of Dishwashers: 1
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Unit Information Number Of Washers: 1
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 3118.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Utilities

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

  • Parcel #: 421500 39-1-44

Tax Info

  • Tax Annual Amount: 6571.0
  • Tax Block: 1
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Andiappen Govinda and Frandino Joseph A
Bought by
708 State St Llc
Current Estimated Value
$299,877

Purchase Details

Listed on
Sep 19, 2018
Closed on
Jan 4, 2019
Sold by
Pelkey Michael
Bought by
Andiappen Govinda
Seller's Agent
Benjamin Albright
Howard Hanna
Buyer's Agent
Edward Williams
Harsch Associates
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$127,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2009
Sold by
Kornacki Luana Mary
Bought by
Pelkey Michael

Purchase Details

Closed on
Oct 28, 2002
Sold by
Kornacki Andrew
Bought by
Kornacki Andrew
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
708 State St Llc $231,000 None Listed On Document
Andiappen Govinda $170,000 Old Republic National Title
Pelkey Michael $160,000 None Available
Kornacki Andrew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andiappen Govinda $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2019 01/04/19 Sold $170,000 -5.5% $55 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $179,900 0.0% $58 / Sq Ft
09/19/2018 09/19/18 For Sale $179,900 -5.3% $58 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $189,900 -- $61 / 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 $7,981 $129,700 $19,500 $110,200
2023 $7,678 $129,700 $19,500 $110,200
2022 $7,458 $129,700 $19,500 $110,200
2021 $7,399 $129,700 $19,500 $110,200
2020 $7,261 $129,700 $19,500 $110,200
2019 $4,574 $129,700 $19,500 $110,200
2018 $7,325 $129,700 $19,500 $110,200
2017 $6,306 $129,700 $19,500 $110,200
2016 $7,487 $129,700 $19,500 $110,200
2015 -- $129,700 $19,500 $110,200
2014 -- $129,700 $19,500 $110,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Benjamin Albright

    Howard Hanna

    Section Image

  • E

    Buyer's Agent in 2019

    Edward Williams

    Harsch Associates

  • R

    Buyer's Agent in 2019

    Rosemary Riley

    Howard Hanna Capital Inc

See All Agents

Map

Source: Global MLS

MLS Number: 201825023

Global MLS

APN: 039-074-0001-044-000-0000

New York Schenectady County Schenectady 12308

1062 Gillespie St, Schenectady, NY

Not Listed for Sale

MultiFamily

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