NOT LISTED FOR SALE

1506 Union St Schenectady, NY 12309

Estimated Value: $307,000 - $335,000

5 Beds
3 Baths
2,520 Sq Ft
$127/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $252,810 $100 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,285/month

9 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Security System Owned
  • Front Porch
  • Security Service
  • Tile Flooring

About This Home

As of October 2022

Please submit all offers by 6pm 7.20

Updated three-family on Upper Union Street! Great curb appeal, with new siding and soffits. Some upgrades include motion-activated hallway lights, building sprinkler system and hardwired security cameras with hard drive.
Wonderful opportunity to live rent free or to add a cash positive investment to your portfolio. Fully rented with long term tenants and leases, each unit is separately metered for electric and gas.

Off-Street Parking, close to grocery stores, shopping, restaurants, and Central Park, this ideal location makes it easy for the tenants to call it home.

Please wear a mask during showings.

Last Agent to Sell the Property

John Judski

Berkshire Hathaway Home Services Blake License #10401349186 Listed on: 07/14/2022

Berkshire Hathaway Home Services Blake

Last Buyer's Agent

Ryan Clark

Titan Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,701

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Triplex
  • Stone Foundation
  • Aluminum Siding
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Security System Owned
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Front Porch

Schools

  • Schenectady High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Central Air
  • Baseboard Heating
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Security Service

Listing and Financial Details

  • Tenant pays for hot water, internet
  • Assessor Parcel Number 421500 50.21-3-12 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,701

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1920
  • Directions: Gray house on Union St between McClellan St and Central Pkwy. 3rd house in on corner before McClellan park on street
  • Above Grade Finished Sq Ft: 2520.0
  • Financial Details General Taxes: 4271.25
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2429.99
  • School Taxes Description: Actual
  • Lot Size Acres: 0.15
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Sale Detail Buyer Zip Code: 12303
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Flooring:Carpet: Yes
  • Cooling:Central Air: Yes
  • Flooring:Vinyl: Yes
  • Foundation Details:Stone4: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile, Carpet, Linoleum
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1132.0
  • Living Area: 2520.0
  • Full Basement: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Aluminum Siding, Block, Vinyl Siding
  • Fencing: None
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Front Porch
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Parking Features: Off Street, Paved, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes

Utilities

  • Utilities: Cable Available, Cable Connected
  • Sewer: Public Sewer
  • Cooling: Central Air, Wall Unit(s), Window Unit(s)
  • Electric: 200+ Amp Service
  • Heating: Baseboard
  • Security: Security System Owned, Security Service, Fire Sprinkler System, Fire Escape, Security Lights, Smoke Detector(s), Carbon Monoxide Detector(s), Closed Circuit Camera(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 3 Amenities:Skylight(s)7: Yes

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level, Cleared
  • Parcel #: 421500 50.21-3-12 01
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Internet

Tax Info

  • Tax Annual Amount: 6701.24

MLS Schools

  • HighSchool: Schenectady

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Oct 22, 2022
Sold by
Rahat-Ramsundar Pamela
Bought by
Edwards Cassandra J
Seller's Agent
John Judski
Berkshire Hathaway Home Services Blake
Buyer's Agent
Ryan Clark
Titan Realty Group LLC
List Price
$230,000
Sold Price
$252,810
Premium/Discount to List
$22,810
9.92%
Views
48
Current Estimated Value
$320,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,627
Avg. Annual Appreciation
8.52%
Original Mortgage
$238,502
Outstanding Balance
$231,306
Interest Rate
6.92%
Mortgage Type
FHA
Estimated Equity
$89,131

Purchase Details

Listed on
Feb 12, 2018
Closed on
Apr 30, 2018
Sold by
Maddalone Lucia
Bought by
Rahat Ramsundar Pamela and Ramsundar Heymchand
Seller's Agent
Samuel Thompson
Serenity Real Estate Team
Buyer's Agent
Kim Coelho
Berkshire Hathaway Home Services Blake
List Price
$119,000
Sold Price
$115,000
Premium/Discount to List
-$4,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.18%

Purchase Details

Closed on
Dec 30, 2002
Sold by
Cordone Bernard E
Bought by
Deonarine Satya

Purchase Details

Closed on
Dec 31, 2001
Sold by
Oconnor Thomas
Bought by
Cordone Bernard
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
Edwards Cassandra J $253,000 --
Rahat Ramsundar Pamela $115,000 American Land Title
Deonarine Satya $50,000 Stanley J Skubis
Cordone Bernard $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Cassandra J $238,502
Closed Edwards Cassandra J $238,502
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $252,810 +9.9% $100 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $230,000 +100.0% $91 / Sq Ft
04/30/2018 04/30/18 Sold $115,000 -3.4% $46 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
02/11/2018 02/11/18 For Sale $119,000 -- $47 / 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 $6,935 $119,400 $17,900 $101,500
2023 $6,935 $119,400 $17,900 $101,500
2022 $6,750 $119,400 $17,900 $101,500
2021 $6,701 $119,400 $17,900 $101,500
2020 $6,345 $119,400 $17,900 $101,500
2019 $3,871 $119,400 $17,900 $101,500
2018 $6,404 $119,400 $17,900 $101,500
2017 $5,635 $119,400 $17,900 $101,500
2016 $6,658 $119,400 $17,900 $101,500
2015 -- $119,400 $17,900 $101,500
2014 -- $119,400 $17,900 $101,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202222484

Global MLS

APN: 050-021-0003-012-000-0000