NOT LISTED FOR SALE

14 Ferrara Ave Schenectady, NY 12304

Estimated Value: $356,000 - $466,000

4 Beds
3 Baths
2,336 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $375,850 $161 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,734/month

13 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • No HOA
  • 5-minute walk to Stanford Heights Park

About This Home

As of September 2024

Beautiful 3 family located in South Colonie school district. Huge lot extends all the way from Ferrara Ave to Cordell St. Potential for building lot on back parcel. First floor 2 br has been completly remodeled and is vacant which would be perfect owner occupied situation. Two nice bedrooms, office/den and laundry room. Second floor has two 1 bedroom apts both with month to month tenants. Room to increase current rents as well. Lanlord provides heat. 2 car garage for additional income. Plenty of off street parking. Large shed. Updated boiler, hot water tanks, roof and windows. Taxes shown are for 3 SBL's which make up the property.

Last Agent to Sell the Property

Bruce Dedon

Coldwell Banker Prime Properties License #10301201258 Listed on: 06/30/2024

Coldwell Banker Prime Properties

Last Buyer's Agent

Scott Varley

KW Platform License #30VA0727304

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,845

Year Built

  • Built in 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt
  • Stucco

Interior Spaces

  • 2,336 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Paddle Fans
  • Double Pane Windows
  • Sliding Doors
  • Unfinished Basement
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Ceramic Tile in Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Colonie Central High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 22.000 / 1
  • Assessor Parcel Number 012689 16.7-1-22

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,845

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Zoning: Multi Residence
  • Year Built: 1948
  • Directions: Albany Street to Ferrara Ave
  • Above Grade Finished Sq Ft: 2336.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 2894.25
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3943.95
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.21
  • Parking Features Parking Total: 10.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 3
  • Rental Income Description: Estimated
  • Income: 3100.0
  • Number of Dishwashers: 1
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Foundation Details:Block2: Yes
  • Architectural Style:Traditional: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Basement: Partial, Unfinished
  • Interior Amenities: Paddle Fan, Ceramic Tile Bath, Crown Molding
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Living Area: 2336.0
  • Window Features: Double Pane Windows
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 2nd
  • Interior Features:Paddle Fan: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Attic Features:Hatch: Yes
  • Basement:Partial: Yes
  • Interior Features:Crown Molding: Yes
  • Basement:Unfinished: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Brick, Stucco
  • Fencing: None
  • Foundation Details: Block
  • Other Structures: Shed(s), Garage(s)
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Waterfront: No
  • Door Features:Sliding Doors: Yes
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Double Pane Windows2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Paved, Attached, Driveway, Garage
  • Attached Garage: Yes
  • Open Parking: Yes
  • Total Parking Spaces: 10.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Garage: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: South Colonie

Lot Info

  • Lot Features: Level, Landscaped
  • Parcel #: 012689 16.7-1-22
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 5845.05
  • Tax Block: 1
  • Tax Lot: 22.000

MLS Schools

  • HighSchool: Colonie Central HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Sep 5, 2024
Sold by
Myers Michael G and Myers Diane R
Bought by
Crist Julia G
Seller's Agent
Bruce Dedon
Coldwell Banker Prime Properties
Buyer's Agent
Scott Varley
KW Platform
List Price
$375,850
Sold Price
$375,850
Views
38
Current Estimated Value
$422,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,341
Avg. Annual Appreciation
8.66%
Original Mortgage
$357,058
Outstanding Balance
$352,576
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$69,615

Purchase Details

Closed on
Jul 7, 2011
Sold by
Myers Michael G and Myers Diane R
Bought by
Myers Michael G and Myers Diane R

Purchase Details

Closed on
Apr 5, 2006
Sold by
Ferrara Joanne
Bought by
Myers Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.07%

Purchase Details

Closed on
Aug 8, 2002
Sold by
Angelo Ferrara
Bought by
Joanne Ferrara
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
Crist Julia G $376,000 First American Title
Myers Michael G -- None Available
Myers Michael G $235,000 Jeanne Heran
Myers Michael G $235,000 None Available
Joanne Ferrara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crist Julia G $357,058
Previous Owner Myers Michael G $137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $375,850 0.0% $161 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $375,850 -- $161 / 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 $6,490 $125,000 $25,000 $100,000
2023 $6,270 $125,000 $25,000 $100,000
2022 $5,976 $125,000 $25,000 $100,000
2021 $5,902 $125,000 $25,000 $100,000
2020 $5,766 $125,000 $25,000 $100,000
2019 $2,626 $125,000 $25,000 $100,000
2018 $5,608 $125,000 $25,000 $100,000
2017 $0 $125,000 $25,000 $100,000
2016 $5,497 $125,000 $25,000 $100,000
2015 -- $125,000 $25,000 $100,000
2014 -- $125,000 $25,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202420285

Global MLS

APN: 012689-016-007-0001-022-000-0000