NOT LISTED FOR SALE

150 Elmer Ave Schenectady, NY 12308

Estimated Value: $224,590 - $288,000

6 Beds
2 Baths
2,616 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $189,000 $72 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,860/month

12 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Hot Water Heating System
  • Full Attic
  • Porch
  • Fenced

About This Home

As of November 2021

Great investment opportunity! This fully rented 2 family home in Schenectady has long term tenants in both apartments. Both apartments have front porches and back porches. Newer kitchens in both apartments with new cabinets and appliances, including dishwashers. Hardwood floors throughout, and new kitchen floor upstairs. Washer and dryer hook ups for both apartments are in the basement. The electrical, plumbing and boiler were re-done 5 years ago. The basement has separate access from each apartment, with storage areas for each. Excellent Condition

Last Agent to Sell the Property

Kathy Burbank

CM Fox Real Estate License #10401280243 Listed on: 07/29/2021

CM Fox Real Estate

Co-Listed By

Elizabeth Mayer

Empire Real Estate Firm LLC License #10401344152

Last Buyer's Agent

Claire Siconolfi

RE/MAX Capital License #10401343404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,619

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 40.00x111.00
  • Fenced
  • Level Lot
  • Cleared Lot

Home Design

  • Duplex
  • Asphalt
  • Stucco

Interior Spaces

  • 2,616 Sq Ft Home
  • Wood Flooring
  • Full Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Basement

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

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 36 / 2
  • Assessor Parcel Number 421500 49.27-2-36

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Insurance Expense $330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,619

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1915
  • Directions: 890 to exit 6/Michigan Ave, right on Brandywine. Follow past Central, left on Stanford, left on Grosvenor, left onto Elmer Ave.
  • Above Grade Finished Sq Ft: 2616.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details General Taxes: 3504.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2115.0
  • School Taxes Description: Actual
  • Lot Size: 40.00x111.00
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Possession Possession Legacy: at close
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Insurance Expense Description: Actual
  • Co List Office Mls Id: o1440A
  • Co List Office Phone: 518-861-7030
  • Flooring:Hardwood: Yes
  • Fencing:Fenced: Yes
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2616.0
  • Full Basement: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Stucco
  • Fencing: Fenced
  • Patio And Porch Features: Porch
  • Waterfront: No
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: 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

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level, Cleared
  • Parcel #: 421500 49.27-2-36

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 330.0
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 5619.0
  • Tax Block: 2
  • Tax Lot: 36
  • Tax Tract: 49.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 4, 2021
Sold by
Oro Rock Management Llc
Bought by
Persaud Vidiawatie Rabindranauth and Persaud Travis K
Seller's Agent
Kathy Burbank
CM Fox Real Estate
Buyer's Agent
Claire Siconolfi
RE/MAX Capital
List Price
$184,900
Sold Price
$189,000
Premium/Discount to List
$4,100
2.22%
Current Estimated Value
$258,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,398
Avg. Annual Appreciation
8.22%
Original Mortgage
$185,576
Outstanding Balance
$170,761
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$85,628

Purchase Details

Closed on
Jun 2, 2021
Sold by
Noisseau Tracy J
Bought by
Oro Rock Management Llc

Purchase Details

Closed on
Aug 14, 2017
Sold by
Mcdermott David C
Bought by
Noisseau Tracy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2017
Sold by
Kettler Naomi G
Bought by
Mcdermott David

Purchase Details

Closed on
Dec 12, 1996
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
Persaud Vidiawatie Rabindranauth $189,000 Legacy Title Services Llc
Oro Rock Management Llc -- None Available
Oro Rock Management Llc -- None Listed On Document
Noisseau Tracy J $70,000 None Available
Mcdermott David $50,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Persaud Vidiawatie Rabindranaut $7,992
Closed Persaud Vidiawatie Rabindranaut $6,341
Open Persaud Vidiawatie Rabindranaut $185,576
Closed Persaud Vidiawatie Rabindranauth $185,576
Previous Owner Noisseau Tracy J $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $189,000 +2.2% $72 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $184,900 -- $71 / 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 $5,810 $102,100 $15,300 $86,800
2023 $5,810 $102,100 $15,300 $86,800
2022 $5,668 $102,100 $15,300 $86,800
2021 $5,625 $102,100 $15,300 $86,800
2020 $5,526 $102,100 $15,300 $86,800
2019 $3,410 $102,100 $15,300 $86,800
2018 $5,577 $102,100 $15,300 $86,800
2017 $4,190 $102,100 $15,300 $86,800
2016 $5,015 $102,100 $15,300 $86,800
2015 -- $102,100 $15,300 $86,800
2014 -- $102,100 $15,300 $86,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202124763

Global MLS

APN: 049-027-0002-036-000-0000