$344,000
SOLD FEB 11, 2025

1381 Union St Schenectady, NY 12308

8 Beds
3 Baths
3,284 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

90 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Built-In Features
  • Corner Lot
  • Front Porch
  • Bathroom on Main Level

About This Home

As of February 2025

Back on market due to Buyer's financing. Unique Investment opportunity to own a 3-family home nestled on Union St in Schenectady, meticulously cared for by the same owner for 30 years. Original hardwood floors, built-in cabinets, and formal dining rooms.
Newly manicured lawns and a fenced yard providing enjoyable outdoor living. Close to shopping and Union College, ideal for both residents and potential tenants alike.
The apartments have been freshly painted and impeccably cleaned, for new tenants or the chance for you to move in and make it your own.
Each unit boasts separate utilities. Fire-rated doors in utility rooms.
See docs for list of improvements.
1 Apt rented with great tenant paying $1250(after discount). Total potential monthly income is $3650+

Last Agent to Sell the Property

Angela Weller

Howard Hanna Capital Inc License #10401341944 Listed on: 12/12/2024

Howard Hanna Capital Inc

Last Buyer's Agent

Teresa Gitto

CM Fox Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,286

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41' x 116'
  • Back Yard Fenced
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 3,284 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Wood Burning Fireplace

Flooring

  • Wood
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

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

Basement

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

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Front Porch

Schools

  • Schenectady High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Baseboard Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for heat, internet, cable TV, dsl internet, electricity, gas
  • Legal Lot and Block 33.000 / 1
  • Assessor Parcel Number 421500 50.21-1-33
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,286

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Zoning: Multi Residence
  • Year Built: 1920
  • Directions: Take Union st to Brandywine ave. park alongside the house. Across from Mobil gas station.
  • Above Grade Finished Sq Ft: 3284.0
  • Architectural Style: Other
  • Financial Details General Taxes: 4799.96
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2599.69
  • School Taxes Description: Actual
  • Lot Size Acres: 0.11
  • Lot Size: 41' x 116'
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Rental Income Description: Actual
  • Income: 3195.0
  • Flooring:Laminate: Yes
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:In Basement: Yes
  • Foundation Details:Stone4: Yes
  • Fencing:Chain Link: Yes
  • Electric:Circuit Breakers: Yes
  • Levels Three Or More: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Laminate, Linoleum
  • Basement: Full
  • Interior Amenities: Built-in Features
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: Other, Wood Burning
  • Fireplaces: 1
  • Living Area: 3284.0
  • Other Equipment: None
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Fireplace: Yes
  • Fireplace Features:Wood Burning: Yes
  • Full Basement: Yes
  • Attic Features:None16: Yes
  • Interior Features:Built-in Features: Yes
  • Fireplace Features:Other62: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Slate
  • Construction Type: Vinyl Siding
  • Fencing: Back Yard, Chain Link
  • Foundation Details: Stone
  • Other Structures: None
  • Patio And Porch Features: Front Porch
  • View: None
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Security Features:Window Bars: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No
  • Property Detail:Parking YN: No
  • Parking Features:None11: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Security: Window Bars, Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Built-in Features4: Yes
  • Unit 2 Amenities:Built-in Features5: Yes

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Land Lease: No
  • Lot Features: Level, Corner Lot
  • Parcel #: 421500 50.21-1-33
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Internet, Cable TV, DSL Internet, Electricity, Gas

Tax Info

  • Tax Annual Amount: 7286.34
  • Tax Block: 1
  • Tax Lot: 33.000

MLS Schools

  • HighSchool: Schenectady

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Feb 11, 2025
Sold by
Cody Brian T
Bought by
Gitto Michael A
Seller's Agent
Angela Weller
Howard Hanna Capital Inc
Buyer's Agent
Teresa Gitto
CM Fox Real Estate
List Price
$344,000
Sold Price
$344,000
Views
15
Current Estimated Value
$359,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,927
Avg. Annual Appreciation
5.40%
Original Mortgage
$326,800
Outstanding Balance
$324,308
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$35,619

Purchase Details

Closed on
Oct 13, 1993
Sold by
Calderon M D
Bought by
Cody Brian T
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 Type Sale Price Title Company
Deed $344,000 Chicago Title
Deed $108,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $326,800 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2025 02/11/25 Sold $344,000 0.0% $105 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
12/12/2024 12/12/24 For Sale $344,000 0.0% $105 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/11/2024 10/11/24 Price Changed $344,000 -4.4% $105 / Sq Ft
09/20/2024 09/20/24 For Sale $359,900 -- $110 / 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 $7,882 $127,300 $19,100 $108,200
2023 $7,629 $127,300 $19,100 $108,200
2022 $4,800 $127,300 $19,100 $108,200
2021 $3,778 $127,300 $19,100 $108,200
2020 $3,779 $127,300 $19,100 $108,200
2019 $4,566 $127,300 $19,100 $108,200
2018 $7,266 $127,300 $19,100 $108,200
2017 $6,202 $127,300 $19,100 $108,200
2016 $7,422 $127,300 $19,100 $108,200
2015 -- $127,300 $19,100 $108,200
2014 -- $127,300 $19,100 $108,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202425879

Global MLS

APN: 050-021-0001-033-000-0000