NOT LISTED FOR SALE

1161 Sumner Ave Schenectady, NY 12309

Estimated Value: $281,000 - $376,000

5 Beds
2 Baths
2,034 Sq Ft
$156/Sq Ft Est. Value

Last Sold November 04, 2019

Last sale price $174,794 $86 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,364/month

92 Days on Market

Highlights

  • Full Attic
  • 2 Car Detached Garage
  • Hot Water Heating System
  • No HOA
  • Porch
  • Laundry Facilities

About This Home

As of November 2019

Remodeled through out and new roof! Two family on desired tree lined street with great rental income or perfect for owner occupy.First Floor Ready to Move In! Brand new kitchen and baths up & down with granite counters, stainless steel appliances & ceramic tiled baths. Living Room, Dining Room, 2 Bedrooms and 1 bath and 3 bedrooms on 2nd floor rented unit. Both units have new back open deck porches. Hardwood flooring in both units and offers separate heat, hot water and gas paid for by the tenants. 2 car garage, full basement and full walk up attic. Exterior of home and garage to be vinyl sided prior to close and garage exterior painted. Excellent Condition

Last Agent to Sell the Property

Christine Serafini

Miranda Real Estate Group Inc License #40SE0980789 Listed on: 05/06/2019

Last Buyer's Agent

Dennis McGlauflin

Gallet Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,920

Year Built

  • Built in 1927

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 145
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Siding
  • Asphalt

Interior Spaces

  • 2,034 Sq Ft Home
  • Full Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity, gas
  • Legal Lot and Block 40.78 / 1
  • Assessor Parcel Number 421500 39-1-40.78

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,920

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1927
  • Directions: Rugby Road to Sumner Avenue
  • Above Grade Finished Sq Ft: 2034.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details Full Market Assessment: 110500
  • Financial Details General Taxes: 3576.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2344.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.17
  • Lot Size: 50 X 145
  • New Construction: No
  • Parking Features Parking Total: 6.0
  • Possession Possession Legacy: Immed
  • Sale Detail Seller Contribution: Yes
  • Laundry Features:In Basement: Yes
  • Laundry Features:Common Area: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Total Bedrooms: 5
  • Living Area: 2034.0
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Patio And Porch Features: Pressure Treated Deck, Porch
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Pressure Treated Deck: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Paved, Detached, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Radiant, Natural Gas
  • Laundry Features: Common Area, In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level
  • Parcel #: 421500 39-1-40.78
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Electricity, Gas

Tax Info

  • Tax Annual Amount: 5920.0
  • Tax Block: 1
  • Tax Lot: 40.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Nov 4, 2019
Sold by
K & K Custom Homes Llc
Bought by
Taikram Nalini
Seller's Agent
Christine Serafini
Miranda Real Estate Group Inc
Buyer's Agent
Dennis McGlauflin
Gallet Realty
List Price
$169,900
Sold Price
$174,794
Premium/Discount to List
$4,894
2.88%
Current Estimated Value
$317,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,439
Avg. Annual Appreciation
10.02%
Original Mortgage
$131,920
Outstanding Balance
$115,670
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$201,563

Purchase Details

Closed on
Jul 7, 2016
Sold by
Estate Of John Dannibale
Bought by
K & K Custom Homes Llc

Purchase Details

Closed on
Apr 8, 2010
Sold by
Dannibale John and Dannibale Joyce
Bought by
Dannibale John and Dannibale Joyce

Purchase Details

Closed on
Jul 22, 1999
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
Taikram Nalini $165,000 Market Title
K & K Custom Homes Llc $50,100 None Available
Dannibale John -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taikram Nalini $131,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2019 11/04/19 Sold $174,794 +6.0% $86 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
06/05/2019 06/05/19 Price Changed $164,900 -2.9% $81 / Sq Ft
05/06/2019 05/06/19 For Sale $169,900 0.0% $84 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $169,900 -- $84 / 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 $8,608 $166,000 $16,600 $149,400
2023 $84 $166,000 $16,600 $149,400
2022 $8,292 $166,000 $16,600 $149,400
2021 $8,243 $166,000 $16,600 $149,400
2020 $7,016 $166,000 $16,600 $149,400
2019 $3,576 $110,500 $16,600 $93,900
2018 $5,921 $110,500 $16,600 $93,900
2017 $5,248 $110,500 $16,600 $93,900
2016 $6,065 $110,500 $16,600 $93,900
2015 -- $110,500 $16,600 $93,900
2014 -- $110,500 $16,600 $93,900
Source: Public Records

Agents Affiliated with this Home

  • Christine Serafini

    Seller's Agent in 2019

    Christine Serafini

    Miranda Real Estate Group Inc

    (518) 514-8830

    336 Total Sales

    Christine Serafini
    Section Image

  • D

    Buyer's Agent in 2019

    Dennis McGlauflin

    Gallet Realty

  • S

    Buyer's Agent in 2019

    Scott Varley

    Keller Williams Capital District-Sara

    Section Image
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Map

Source: Global MLS

MLS Number: 201916766

Global MLS

APN: 040-078-0001-039-000-0000

New York Schenectady County Schenectady 12309

1161 Sumner Ave, Schenectady, NY

Not Listed for Sale

MultiFamily

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