NOT LISTED FOR SALE

Estimated Value: $428,016

Studio
3 Baths
2,784 Sq Ft
$154/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $259,000 $93 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,586/month

65 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Heating System Uses Natural Gas

About This Home

As of September 2019

Invest in the exciting rebirth of the Electric City’s Downtown Schenectady. Such a distinctively stylish building surrounded by Sch'dys exciting upward expansion & growth! Over 2700 square feet of rental space. Fully leased & renovated 1 bedroom apartments with spectacular western facing bedroom sunset views of downtown. On the edge of the Historic Stockade, Pub. Transportation Hubs, Downtown Cinema, Proctors, Dining out, Schenectady Community College & only blocks away from Rivers Casino & Mohawk Harbor!

Last Agent to Sell the Property

Heidi Rotter

Brass Tacs Real Estate Company Listed on: 04/14/2019

Last Buyer's Agent

Jessica Dufek

Purdy Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 1865

Lot Details

  • Lot Dimensions are 16 x 60

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • Active Adult
  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 39.71 / 2
  • Assessor Parcel Number 421500 22-2-39.71

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,708

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1865
  • Directions: State St to S ferry
  • Above Grade Finished Sq Ft: 2784.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 1928.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 1780.0
  • School Taxes Description: Actual
  • Lot Size: 16 x 60
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number of Separate Water Meters: 1
  • Number of Refrigerators: 2
  • Special Features: None

Interior Features

  • Basement: Full
  • Below Grade Sq Ft: 928.0
  • Living Area: 2784.0
  • Full Basement: Yes

Exterior Features

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Radiant: 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 22-2-39.71

Tax Info

  • Tax Annual Amount: 3708.0
  • Tax Block: 2
  • Tax Lot: 39.71

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2019
Closed on
Sep 5, 2019
Sold by
M2 Holdings Llc
Bought by
Rf Investments Llc
Seller's Agent
Heidi Rotter
Brass Tacs Real Estate Company
Buyer's Agent
Jessica Dufek
Purdy Realty LLC
List Price
$259,900
Sold Price
$259,000
Premium/Discount to List
-$900
-0.35%
Current Estimated Value
$428,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,016
Avg. Annual Appreciation
8.08%
Original Mortgage
$194,250
Outstanding Balance
$169,758
Interest Rate
3.7%
Mortgage Type
Construction
Estimated Equity
$255,212

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jun 17, 2015
Sold by
Michener Sarah
Bought by
M2 Holdings Llc
Seller's Agent
Joe Farry
Berkshire Hathaway Home Services Blake
Buyer's Agent
John DiGesualdo
Howard Hanna Capital Inc
List Price
$149,900
Sold Price
$140,700
Premium/Discount to List
-$9,200
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.56%
Original Mortgage
$112,560
Interest Rate
3.84%
Mortgage Type
Construction
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
Rf Investments Llc $259,000 None Available
M2 Holdings Llc $140,700 Stephen Signore
M2 Holdings Llc $141,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rf Investments Llc $194,250
Previous Owner M2 Holdings Llc $112,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2019 09/05/19 Sold $259,000 -0.3% $93 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
04/14/2019 04/14/19 For Sale $259,900 +84.7% $93 / Sq Ft
06/17/2015 06/17/15 Sold $140,700 -6.1% $51 / Sq Ft View Prior Sale
04/23/2015 04/23/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $149,900 -- $54 / 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 $4,437 $83,000 $3,400 $79,600
2023 $37 $83,000 $3,400 $79,600
2022 $3,749 $83,000 $3,400 $79,600
2021 $3,715 $83,000 $3,400 $79,600
2020 $3,655 $83,000 $3,400 $79,600
2019 $3,696 $83,000 $3,400 $79,600
2018 $3,696 $83,000 $3,400 $79,600
2017 $3,705 $83,000 $3,400 $79,600
2016 $3,813 $83,000 $3,400 $79,600
2015 -- $83,000 $3,400 $79,600
2014 -- $83,000 $3,400 $79,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201916639

Global MLS

APN: 039-071-0002-022-000-0000