NOT LISTED FOR SALE

1404 Union St Schenectady, NY 12308

Estimated Value: $201,569 - $339,000

8 Beds
3.5 Baths
2,560 Sq Ft
$96/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $164,000 $64 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,610/month

53 Days on Market

Highlights

  • Senior Community
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Porch
  • Baseboard Heating

About This Home

As of December 2021

Investors! A freshly painted and updated triplex in Upper Union St corridor of Schenectady with positive cash flow! Unit 1 (1st floor) - 4BR, 1BA. Unit 2 (2nd floor) - 1BD, 1BA studio. And a duplex 3rd unit on 2nd floor or 3rd floor with 3BR, 1.5BA. Some updated throughout and all current rental certificates. Separate utilities. Interior Photos coming soon! Very Good Condition

Last Listed By

Christine Serafini

Miranda Real Estate Group Inc License #40SE0980789 Listed on: 09/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,649

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x160

Home Design

  • Triplex
  • Wood Siding
  • Asphalt

Interior Spaces

  • 2,560 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 5 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Senior Community
  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity
  • The owner pays for trash collection, snow removal, water
  • Legal Lot and Block 2 / 3
  • Assessor Parcel Number 421500 50.21-3-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,649

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1915
  • Directions: Rt 9 to Union St (between McClellan St and N Brandywine Ave).
  • Above Grade Finished Sq Ft: 2560.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 5374.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3275.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.17
  • Lot Size: 50X160
  • Parking Features Parking Total: 5.0
  • Possession Possession Legacy: At Closing
  • Sale Detail Buyer Zip Code: 10801
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Subdivision Name: Upper Union Street
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Ceramic Tile, Hardwood
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Living Area: 2560.0
  • Owner Pays: Trash Collection, Snow Removal, Water
  • Full Basement: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Patio And Porch Features: Porch
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Off Street, Paved, None, Driveway
  • Attached Garage: No
  • Open Parking: No
  • Total Parking Spaces: 5.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • 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
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Parcel #: 421500 50.21-3-2
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Electricity

Tax Info

  • Tax Annual Amount: 8649.0
  • Tax Block: 3
  • Tax Lot: 2
  • Tax Tract: 50.21

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
Budhu Gowkarran
Bought by
Parkwood Boulevard Llc
Total Days on Market
53
Current Estimated Value
$246,142

Purchase Details

Listed on
Sep 21, 2021
Closed on
Dec 20, 2021
Sold by
Brown Maritza O
Bought by
Budhu Gowkarran
Seller's Agent
Christine Serafini
Miranda Real Estate Group Inc
Buyer's Agent
Terryann Abdu
KW Platform
List Price
$169,900
Sold Price
$164,000
Premium/Discount to List
-$5,900
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Apr 13, 2007
Sold by
Cerniglia Salvatore
Bought by
Brown Maritza O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2005
Sold by
Duakian Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,975
Interest Rate
9.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 30, 2002
Sold by
Sn Commercial Llc
Bought by
Avorlcian Harry

Purchase Details

Closed on
Aug 9, 2001
Sold by
Mirabile M M and Mirabile D
Bought by
Sn Commercial Llc

Range of Values:

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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
Parkwood Boulevard Llc -- Chicago Title
Budhu Gowkarran $164,000 None Listed On Document
Brown Maritza O $171,000 Timothy Elliott
-- $90,500 P E Sherman
Avorlcian Harry $43,000 --
Sn Commercial Llc $96,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Maritza O $128,250
Previous Owner -- $85,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $164,000 -3.5% $64 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $169,900 0.0% $66 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $169,900 -- $66 / 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 $8,981 $160,950 $21,600 $139,350
2023 $8,981 $160,950 $21,600 $139,350
2022 $8,782 $160,950 $21,600 $139,350
2021 $8,718 $160,950 $21,600 $139,350
2020 $8,566 $160,950 $21,600 $139,350
2019 $5,230 $160,950 $21,600 $139,350
2018 $8,645 $160,950 $21,600 $139,350
2017 $7,385 $170,000 $21,600 $148,400
2016 $9,291 $170,000 $21,600 $148,400
2015 -- $170,000 $21,600 $148,400
2014 -- $170,000 $21,600 $148,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202128944

Global MLS

APN: 050-021-0003-002-000-0000