NOT LISTED FOR SALE

Estimated Value: $382,102

Studio
5 Baths
2,558 Sq Ft
$149/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2020

Last sale price $225,000 $88 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,732 / mo

100 Days on Market

Highlights

  • Active Adult
  • Window Unit Cooling System
  • Baseboard Heating
  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Riverside Park

About This Home

As of August 2020

Schenectady wins another $10 million for further downtown development! This Turn-key, fully rented, mixed-use bldg is positioned between the lower State St. development and the stockade; All the while providing steady income from its storefront space and 4 apts. (2 Studios & 2 1-bedrms). Settle in for the growth. Agent is partial owner. Excellent Condition

Last Agent to Sell the Property

Richard Kessler

Berkshire Hathaway Home Services Blake License #40KE1100079 Listed on: 03/02/2020

Berkshire Hathaway Home Services Blake

Last Buyer's Agent

Dawn Morrison

Armida Rose Realty Group License #10401327881

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,076

Year Built

  • Built in 1910

Lot Details

  • 871 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2,558 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • Active Adult
  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity
  • Legal Lot and Block 37 / 4
  • Assessor Parcel Number 421500 39.63-4-37

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,076

Year Built

Built in 1910

Lot Details

871 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Commercial
  • Year Built: 1910
  • Directions: State St. to S. Ferry. North on S. Ferry Bldg on right
  • Above Grade Finished Sq Ft: 2558.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 0.02
  • Lot Size: .02
  • Possession Possession Legacy: Upon closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number of Separate Water Meters: 1
  • Income: 33300.0
  • Income Description: Actual
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 2558.0
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: 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:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Waterfront: No
  • Construction Materials:Brick: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: 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 39.63-4-37
  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Electricity

Tax Info

  • Tax Annual Amount: 8076.0
  • Tax Block: 4
  • Tax Lot: 37

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Jul 30, 2020
Sold by
Kessler Richard and Levine Ronald
Bought by
Ajw Ny3 Llc
Seller's Agent
Richard Kessler
Berkshire Hathaway Home Services Blake
Buyer's Agent
Dawn Morrison
Armida Rose Realty Group
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Current Estimated Value
$382,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,102
Avg. Annual Appreciation
9.68%
Original Mortgage
$180,000
Outstanding Balance
$84,431
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$297,671

Purchase Details

Closed on
Jan 22, 2008
Sold by
Nafeld
Bought by
Kessler Richard
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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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
Ajw Ny3 Llc $225,000 None Available
Kessler Richard $135,000 Matin Wojcik
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajw Ny3 Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $225,000 -8.2% $88 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $245,000 -- $96 / 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
2025 $8,642 $136,500 $3,500 $133,000
2024 $8,642 $136,500 $3,500 $133,000
2023 $85 $136,500 $3,500 $133,000
2022 $8,266 $136,500 $3,500 $133,000
2021 $8,151 $136,500 $3,500 $133,000
2020 $8,065 $136,500 $3,500 $133,000
2019 $8,133 $136,500 $3,500 $133,000
2018 $8,133 $136,500 $3,500 $133,000
2017 $8,150 $136,500 $3,500 $133,000
2016 $8,253 $136,500 $3,500 $133,000
2015 -- $136,500 $3,500 $133,000
2014 -- $136,500 $3,500 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202013906

Global MLS

APN: 039-063-0004-037-000-0000

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