NOT LISTED FOR SALE

1508 Washout Rd Schenectady, NY 12302

Estimated Value: $308,000 - $474,000

3 Beds
1.5 Baths
2,186 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $192,000 $88 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,842/month

376 Days on Market

Highlights

  • Barn
  • Den
  • 8 Car Detached Garage
  • No HOA
  • Gazebo
  • Enclosed Glass Porch

About This Home

As of October 2021

Cover the taxes with rental income from the separate cottage. This property is 100 plus years old and does still need some TLC but has lots of potential. Broker has ownership interest under a life estate deed. Beautiful plot plus rental income from separate cottage. Old farm house with land with pond and creek with multiple water falls. 36x48' automotive shop with lift and piped for compressed air for the car enthusiast or could be used as a horse barn, etc. if you prefer. Many possibilities. Location of "Robins Garage" filming of "The Place Beyond The Pines". Additional 2 story 2 bedroom cottage rental on site, currently vacant but rentable. Last rented in 2020. Market rent $1000/Mo.

Last Agent to Sell the Property

Michael Frederico

Eagle Property Management & Realty Listed on: 08/06/2021

Last Buyer's Agent

William Kellert

Coldwell Banker Prime Properties License #30KE0833308

Coldwell Banker Prime Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1905

Lot Details

  • 7.7

Home Design

  • Aluminum Siding
  • Asphalt

Interior Spaces

  • 2,186 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Paddle Fans
  • Wood Burning Fireplace
  • Insulated Windows
  • Sliding Doors
  • Living Room
  • Dining Room with Fireplace
  • Den
  • Partial Basement
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Freezer

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Ceramic Tile in Bathrooms

Parking

  • 8 Car Detached Garage
  • Workshop in Garage
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Wheelchair Adaptable
  • Chairlift
  • Accessible Approach with Ramp

Outdoor Features

  • Exterior Lighting
  • Gazebo
  • Shed
  • Outbuilding
  • Enclosed Glass Porch

Schools

  • Glendaal Elementary School
  • Scotia-Glenville High School

Utilities

  • Wood Insert Heater
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 7.7 Acre Lot
  • Barn

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 17.1 / 2
  • Assessor Parcel Number 422289 13-2-17.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,000

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Accessibility: Accessible Approach with Ramp, Interior Wheelchair Lift
  • Year Built: 1905
  • Directions: Rt 5 to Washout Rd. 1.4 Miles, on right.
  • Above Grade Finished Sq Ft: 2186.0
  • Lot Size Acres: 7.7
  • Lot Size: 7.7
  • New Construction: No
  • Parking Features Parking Total: 8.0
  • Primary Bedroom Level: Second
  • Sale Detail Seller Contribution: No
  • Garage Yn: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Laundry Features:Main Level: Yes
  • Flooring:Vinyl: Yes
  • Laundry Features:Common Area: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Carpet, Linoleum
  • Basement: Partial
  • Interior Amenities: High Speed Internet, Paddle Fan, Wall Paneling, Ceramic Tile Bath, DSL Internet, Eat-in Kitchen
  • Appliances: Freezer, Gas Water Heater, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Dining Room, Wood Burning
  • Fireplaces: 1
  • Living Area: 2186.0
  • Bedroom Level: Second
  • Den Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Sunroom Level: First
  • Window Features: Insulated Windows
  • Fireplace: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Appliances:Gas Water Heater: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Basement:Partial: Yes
  • Attic Features:Pull-Down: Yes
  • Interior Features:Wall Paneling: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace Features:Dining Room: Yes
  • Appliances:Freezer: Yes
  • Interior Features:DSL Internet: Yes

Exterior Features

  • Exterior Features: Barn, Drive-Paved, Lighting
  • Roof: Asphalt
  • Construction Type: Aluminum Siding
  • Other Structures: Gazebo, Outbuilding, Shed(s), Barn(s)
  • Patio And Porch Features: Pressure Treated Deck, Enclosed, Porch
  • Waterfront: No
  • Patio And Porch Features:Porch: Yes
  • Door Features:Sliding Doors: Yes
  • Exterior Features:Drive-Paved: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Patio And Porch Features:Enclosed: Yes
  • Exterior Features:Barn: Yes
  • Exterior Features:Lighting: Yes
  • Patio And Porch Features:Pressure Treated Deck: Yes
  • Accessibility Features:Interior Wheelchair Lift: Yes

Garage/Parking

  • Parking Features: Off Street, Workshop in Garage, Paved, Detached, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 8.0
  • Parking Features:Off Street: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Septic Tank
  • Heating: Baseboard, Fireplace Insert, Hot Water
  • Laundry Features: Common Area, Main Level
  • Security: Smoke Detector(s)
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Fireplace Insert: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Scotia Glenville

Lot Info

  • Parcel #: 422289 13-2-17.1
  • Lot Size Sq Ft: 335412.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10000.0
  • Tax Block: 2
  • Tax Lot: 17.1
  • Tax Tract: 13

MLS Schools

  • Elementary School: Glendaal
  • HighSchool: Scotia-Glenville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 20, 2021
Sold by
Frederico Michael J and Frederico Loretta
Bought by
Ruiz Stefany Elaine and Scholtes Manson
Seller's Agent
Michael Frederico
Eagle Property Management & Realty
Buyer's Agent
William Kellert
Coldwell Banker Prime Properties
List Price
$249,900
Sold Price
$192,000
Premium/Discount to List
-$57,900
-23.17%
Current Estimated Value
$399,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,809
Avg. Annual Appreciation
20.07%
Original Mortgage
$182,400
Outstanding Balance
$166,332
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$233,477

Purchase Details

Closed on
May 29, 2018
Sold by
Frederico Dominick and Frederico Loretta
Bought by
Frederico Michael J
Source: Public Records

Range of Values:

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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
Ruiz Stefany Elaine $192,000 Legacy Title Services Llc
Ruiz Stefany Elaine $192,000 Legacy Title
Frederico Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Stefany Elaine $182,400
Closed Ruiz Stefany Elaine $182,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $192,000 -16.5% $88 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/11/2021 08/11/21 Price Changed $229,900 -8.0% $105 / Sq Ft
08/06/2021 08/06/21 For Sale $249,900 0.0% $114 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/01/2021 07/01/21 Price Changed $249,900 0.0% $114 / Sq Ft
07/01/2021 07/01/21 For Sale $249,900 +30.2% $114 / Sq Ft
05/10/2021 05/10/21 Off Market $192,000 -- --
05/10/2021 05/10/21 For Sale $229,900 +19.7% $105 / Sq Ft
01/28/2021 01/28/21 Off Market $192,000 -- --
01/28/2021 01/28/21 Pending -- -- --
09/12/2020 09/12/20 Price Changed $229,900 -8.0% $105 / Sq Ft
08/30/2020 08/30/20 Price Changed $249,900 -16.7% $114 / Sq Ft
08/23/2020 08/23/20 For Sale $299,900 -- $137 / 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 $8,737 $220,000 $61,100 $158,900
2023 $8,319 $220,000 $61,100 $158,900
2022 $8,144 $220,000 $61,100 $158,900
2021 $10,041 $274,300 $61,100 $213,200
2020 $9,048 $274,300 $61,100 $213,200
2019 $3,562 $274,300 $61,100 $213,200
2018 $9,243 $274,300 $61,100 $213,200
2017 $8,316 $274,300 $61,100 $213,200
2016 $8,297 $274,300 $61,100 $213,200
2015 -- $274,300 $61,100 $213,200
2014 -- $274,300 $61,100 $213,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Frederico

    Eagle Property Management & Realty

  • W

    Buyer's Agent in 2021

    William Kellert

    Coldwell Banker Prime Properties

    (518) 421-3357

    24 Total Sales

    William Kellert
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Map

Source: Global MLS

MLS Number: 202026161

Global MLS

APN: 013-000-0002-017-001-0000

New York Schenectady County Schenectady 12302

1508 Washout Rd, Schenectady, NY

This home is located at 1508 Washout Rd, Schenectady, NY 12302 since 06 August 2021 and is currently estimated at $399,809, approximately $182 per square foot. This property was built in 1905. 1508 Washout Rd is a home located in Schenectady County with nearby schools including Scotia Glenville Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.



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