NOT LISTED FOR SALE

1523 Foster Ave Schenectady, NY 12308

Estimated Value: $116,180 - $184,000

4 Beds
2 Baths
2,192 Sq Ft
$63/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $105,000 $48 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,078/month

79 Days on Market

Highlights

  • No HOA
  • Bathroom on Main Level
  • Carpet
  • Front Porch
  • Baseboard Heating

About This Home

As of June 2023

Nice investment unit, close to union college and all downtown amenities, as well as bus route and quiet neighborhood. Both units are rented at this time. long term rentals in there right now.

Last Listed By

Michael Byerwalters

KW Platform License #10401363234 Listed on: 12/27/2022

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,507

Year Built

  • Built in 1920

Lot Details

  • 2,178

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Aluminum Window Frames
  • Partial Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Schenectady High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Front Porch
  • 2,178 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, cable TV, electricity, gas
  • Assessor Parcel Number 39.50-2-34

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,507

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1920
  • Directions: off of union street by Union College turn north on Foster Ave and Unit is on left two blocks up
  • Lot Size Acres: 0.05
  • New Construction: No
  • Sale Detail Buyer Zip Code: 12302
  • Sale Detail Seller Contribution: No
  • Number Of Separate Gas Meters: 2
  • Number of Separate Water Meters: 2
  • Rental Income: 1300.0
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Window Features: Aluminum Frames
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Basement:Partial: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Aluminum Siding
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Window Features:Aluminum Frames2: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Utilities: Cable Available, Cable Connected
  • Sewer: Public Sewer
  • Heating: Baseboard, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Parcel #: 39.50-2-34
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 3507.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Schenectady

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Jun 22, 2023
Sold by
Avery Christopher M
Bought by
O & R Invest Llc
Seller's Agent
Michael Byerwalters
KW Platform
Buyer's Agent
Michael Byerwalters
KW Platform
List Price
$139,000
Sold Price
$105,000
Premium/Discount to List
-$34,000
-24.46%
Total Days on Market
79
Views
167
Current Estimated Value
$137,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,545
Avg. Annual Appreciation
10.11%
Original Mortgage
$84,000
Outstanding Balance
$74,079
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$51,892

Purchase Details

Closed on
Jan 22, 2013
Sold by
Carter Dorothy
Bought by
Avery Christopher M

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
O & R Invest Llc $105,000 None Listed On Document
Avery Christopher M $31,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open O & R Invest Llc $84,000
Previous Owner Avery Christopher M $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $105,000 -18.6% $48 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
02/20/2023 02/20/23 Price Changed $129,000 -7.2% $59 / Sq Ft
12/26/2022 12/26/22 For Sale $139,000 +348.4% $63 / Sq Ft
01/22/2014 01/22/14 Sold $31,000 -36.6% $14 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $48,900 -- $22 / 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 $3,796 $51,900 $7,800 $44,100
2023 $3,796 $51,900 $7,800 $44,100
2022 $3,616 $51,900 $7,800 $44,100
2021 $3,530 $51,900 $7,800 $44,100
2020 $3,455 $51,900 $7,800 $44,100
2019 $2,379 $51,900 $7,800 $44,100
2018 $3,480 $51,900 $7,800 $44,100
2017 $2,703 $51,900 $7,800 $44,100
2016 $3,531 $51,900 $7,800 $44,100
2015 -- $51,900 $7,800 $44,100
2014 -- $51,900 $7,800 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202231593

Global MLS

APN: 039-050-0002-034-000-0000