NOT LISTED FOR SALE

107 1st St Schenectady, NY 12302

Estimated Value: $323,000 - $428,057

4 Beds
3 Baths
2,420 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $355,000 $147 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,546/month

4 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • 3 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of June 2023

3-family investment property in the charming Village of Scotia, an excellent opportunity for both investors & owner-occupants alike. The first-floor unit is currently owner occupied and very well maintained in move-in condition. This property is an excellent investment opportunity, with potential for stronger rental income. Current owner has a strong rental history and has kept the property in excellent condition. An owner-occupant could continue to live in owner unit, offsetting their mortgage payments or rent out and hold as investment property. The Village of Scotia is a highly desirable location, known for its small-town charm and excellent schools. Don't miss out on this fantastic opportunity! PROPERTY AVAILABLE AS A PACKAGE WITH ADJACENT 2 FAMILY HOME.

Last Agent to Sell the Property

Ravi Modasra

BlueBird Commercial Real Estate LLC License #10491212158 Listed on: 05/01/2023

Co-Listed By

Brian Sipperly

BlueBird Commercial Real Estate LLC License #10491212159

Last Buyer's Agent

Julie Baker

Realty One Group Key License #10301220138

Realty One Group Key

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,955

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Schools

  • Lincoln Elementary School
  • Scotia-Glenville High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Single-Phase Power
  • Three-Phase Power
  • 220 Volts
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Insurance Expense $2,773

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity
  • Legal Lot and Block 52 / 38.2
  • Assessor Parcel Number 38.25-2-52

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,955

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Zoning: Single Residence
  • Year Built: 1920
  • Directions: GPS: 107 1st Street, Scotia, NY 12302
  • Above Grade Finished Sq Ft: 2420.0
  • Financial Details General Taxes: 5955.0
  • General Taxes Description: Actual
  • Lot Size Acres: 0.14
  • New Construction: No
  • Parking Features Parking Total: 6.0
  • Sale Detail Seller Contribution: No
  • Insurance Expense Description: Actual
  • Income And Expenses Maintenance Expense: 1073.0
  • Water Sewer Expense Description: Estimated
  • Income And Expenses Miscellaneous Expense: 5640.0
  • Miscellaneous Expense Description: Estimated
  • Rental Income: 42900.0
  • Rental Income Description: Actual
  • Income: 42900.0
  • Co List Office Mls Id: o3373A
  • Co List Office Phone: 518-908-2473
  • Electric:Single Phase: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2420.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 2nd
  • Attic Features:Walk-Up: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Other, Shingle, Asphalt
  • Construction Type: Vinyl Siding
  • Other Structures: Garage(s)
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Off Street, Detached, Garage
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • Property Detail:Garage Spaces: 3.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Other41: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Electric: Single Phase, 200+ Amp Service, 220 Volts
  • Heating: Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Scotia Glenville

Lot Info

  • Parcel #: 38.25-2-52
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Electricity

Multi Family

  • Insurance Expense: 2773.0
  • Maintenance Expense: 1073.0

Tax Info

  • Tax Annual Amount: 5955.0
  • Tax Block: 38.2
  • Tax Lot: 52

MLS Schools

  • Elementary School: Lincoln
  • HighSchool: Scotia-Glenville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jun 20, 2023
Sold by
Savoie Videlia
Bought by
Conover Bridget
Seller's Agent
Ravi Modasra
BlueBird Commercial Real Estate LLC
Buyer's Agent
Julie Baker
Realty One Group Key
List Price
$330,000
Sold Price
$355,000
Premium/Discount to List
$25,000
7.58%
Views
151
Current Estimated Value
$377,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,014
Avg. Annual Appreciation
2.29%
Original Mortgage
$337,250
Outstanding Balance
$326,782
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$50,232

Purchase Details

Closed on
Jan 22, 2016
Sold by
Hunter James E and Hunter Olga L
Bought by
Savoie Videlia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,558
Interest Rate
3.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Conover Bridget $355,000 Marathon Title
Savoie Videlia $197,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conover Bridget $337,250
Previous Owner Savoie Videlia $192,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2023 06/20/23 Sold $355,000 +7.6% $147 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $330,000 +67.1% $136 / Sq Ft
03/23/2016 03/23/16 Sold $197,500 -1.2% $82 / Sq Ft View Prior Sale
01/11/2016 01/11/16 Pending -- -- --
11/19/2015 11/19/15 Price Changed $199,900 -11.2% $83 / Sq Ft
10/23/2015 10/23/15 For Sale $225,000 -- $93 / 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 $7,051 $138,300 $16,200 $122,100
2023 $69 $138,300 $16,200 $122,100
2022 $6,592 $138,300 $16,200 $122,100
2021 $6,489 $138,300 $16,200 $122,100
2020 $6,478 $138,300 $16,200 $122,100
2019 $6,166 $138,300 $16,200 $122,100
2018 $6,166 $138,300 $16,200 $122,100
2017 $6,042 $138,300 $16,200 $122,100
2016 $5,944 $138,300 $16,200 $122,100
2015 -- $138,300 $16,200 $122,100
2014 -- $138,300 $16,200 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202315744

Global MLS

APN: 038-028-0002-052-000-0000