NOT LISTED FOR SALE

1367 Union St Schenectady, NY 12308

Estimated Value: $264,000 - $331,000

4 Beds
3 Baths
2,961 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $126,425 $43 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,365/month

22 Days on Market

Highlights

  • Senior Community
  • No HOA
  • Heating System Uses Steam
  • Corner Lot

About This Home

As of July 2016

Wonderful income opportunity on Union Street. Beautiful Colonial property with first floor featuring lift for handicap access. 1st Floor features Entry, reception, Waiting, Exam rooms, private office and kitchen. 2 fully leased 1 BR apartments. Off street parking. Beautiful wrap around porch. 2nd floor features french doors to spacious deck area and w/d behind bifold doors. New Furnace in 2014. 2nd floor lease up 9/30/16

Last Agent to Sell the Property

Sharon Hoorwitz

KW Platform License #30HO0490731 Listed on: 02/19/2016

KW Platform

Last Buyer's Agent

Karen Charbonneau

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 0.31 Acre Lot
  • Corner Lot

Home Design

  • Triplex
  • Rubber Roof
  • Cedar Siding
  • Clapboard
  • Asphalt

Interior Spaces

  • 2,961 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Carport

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Heating System Uses Steam

Community Details

  • Senior Community
  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for trash collection, parking fee, snow removal, grounds care, heat
  • Legal Lot and Block 40 / 1
  • Assessor Parcel Number 421500 50-1-40

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1908
  • Directions: Union Street - Corner of Pheonix Ave
  • Above Grade Finished Sq Ft: 2961.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 3482.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3860.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.31
  • Parking Features Parking Total: 6.0
  • Possession Possession Legacy: Arranged
  • Sale Detail Seller Contribution: Yes
  • Senior Community YN: 3rd Party Approval
  • Number of Dishwashers: 1
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Unit Information Number Of Washers: 1
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 2961.0
  • Owner Pays: Trash Collection, Parking Fee, Snow Removal, Grounds Care, Heat
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes

Exterior Features

  • Roof: Rubber, Asphalt
  • Construction Type: Clapboard, Cedar
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Cedar: Yes
  • Construction Materials:Clapboard2: Yes

Garage/Parking

  • Parking Features: Carport
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • Parking Features:Carport: Yes
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Owner Pays:Parking Fee2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiant, Steam, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: 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: Corner Lot
  • Parcel #: 421500 50-1-40
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Annual Amount: 7342.0
  • Tax Block: 1
  • Tax Lot: 40
  • Tax Tract: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Jul 25, 2016
Sold by
Hernandez Ivan A and Hernandez Martha
Bought by
Lippa Michael S and Clifford Marianne A
Seller's Agent
Sharon Hoorwitz
KW Platform
Buyer's Agent
Karen Charbonneau
Howard Hanna Capital Inc
List Price
$169,900
Sold Price
$126,425
Premium/Discount to List
-$43,475
-25.59%
Current Estimated Value
$304,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,908
Avg. Annual Appreciation
10.24%
Original Mortgage
$136,548
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 1998
Sold by
Hernandez Ivan A
Bought by
Hernandez Ivan A and Hernandez Martha
Source: Public Records

Range of Values:

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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
Lippa Michael S $126,500 None Available
Hernandez Ivan A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lippa Michael S $136,548
Previous Owner Hernandez Ivan A $25,275
Previous Owner Hernandez Ivan A $19,265
Previous Owner Hernandez Martha $13,174
Previous Owner Hernandez Ivan A $30,000
Previous Owner Hernandez Ivan A $97,576
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $126,425 -25.6% $43 / Sq Ft
07/28/2016 07/28/16 Price Changed $169,900 0.0% $57 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $169,900 0.0% $57 / Sq Ft
09/22/2015 09/22/15 Rented $995 0.0% --
09/22/2015 09/22/15 Under Contract -- -- --
05/14/2015 05/14/15 For Rent $995 -- --
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 $8,208 $147,000 $29,400 $117,600
2023 $8,208 $147,000 $29,400 $117,600
2022 $8,053 $147,000 $29,400 $117,600
2021 $8,000 $147,000 $29,400 $117,600
2020 $7,634 $147,000 $29,400 $117,600
2019 $8,193 $147,000 $29,400 $117,600
2018 $8,193 $169,900 $29,400 $140,500
2017 $6,990 $169,900 $29,400 $140,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201602820

Global MLS

APN: 050-021-0001-040-000-0000