NOT LISTED FOR SALE

1575 Foster Ave Schenectady, NY 12308

Estimated Value: $188,000 - $208,000

6 Beds
2 Baths
2,282 Sq Ft
$88/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $195,000 $85 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,461/month

27 Days on Market

Highlights

  • Traditional Architecture
  • Window Unit Cooling System
  • Forced Air Heating System
  • No HOA
  • Bathroom on Main Level
  • Wood Fence

About This Home

As of July 2024

Calling all investors and first-time homebuyers! Don't miss out on this fantastic opportunity! This massive multifamily property boasts 6 bedrooms, 2 full baths, a spacious living room, dining room, and kitchen. This property has potential to add an additional bedroom and bathroom making it a 7-bedroom, 3 bath. Ideal for living on one floor and renting out the other for additional cash flow. Located near Rivers Casino, Downtown Schenectady, local restaurants, and shopping. Schedule your showing now before it's gone!

Last Agent to Sell the Property

Moonrani Gumani

Miranda Real Estate Group Inc License #10401352209 Listed on: 03/28/2024

Last Buyer's Agent

Annesa Chadwick

KW Platform License #10401342375

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,585

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 49.2x118
  • Wood Fence

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Combination Foundation
  • Block Exterior
  • Asphalt

Interior Spaces

  • 2,282 Sq Ft Home
  • Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Open Parking
  • Off-Street Parking

Schools

  • Schenectady High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for gas
  • Legal Lot and Block 19.000 / 2
  • Assessor Parcel Number 421500 39.50-2-19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,585

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Directions: Nott St to Foster Ave.
  • Above Grade Finished Sq Ft: 2282.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 3150.42
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1434.59
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.13
  • Lot Size: 49.2X118
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Sale Detail Buyer Zip Code: 12307
  • Sale Detail Seller Contribution: No
  • Flooring:Carpet: Yes
  • Fencing:Wood4: Yes
  • Electric:Circuit Breakers: Yes
  • Architectural Style:Traditional: Yes
  • Foundation Details:BrickMortar: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement: Full, Unfinished
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2282.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Block, Brick, Drywall
  • Fencing: Wood
  • Foundation Details: Brick/Mortar, Combination
  • Waterfront: No
  • Construction Materials:Drywall: Yes
  • Exterior Features:Other58: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Electric: 220 Volts, Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: 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 #: 421500 39.50-2-19
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Tax Info

  • Tax Annual Amount: 4585.01
  • Tax Block: 2
  • Tax Lot: 19.000
  • Tax Tract: 39.50

MLS Schools

  • HighSchool: Schenectady

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jul 17, 2024
Sold by
Winwin Property Group Llc and Zhang Tong Cheng
Bought by
Omrow Analesa
Seller's Agent
Moonrani Gumani
Miranda Real Estate Group Inc
Buyer's Agent
Annesa Chadwick
KW Platform
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
117
Current Estimated Value
$199,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,709
Avg. Annual Appreciation
2.15%
Original Mortgage
$191,468
Outstanding Balance
$189,470
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
$10,239

Purchase Details

Closed on
Feb 22, 2024
Sold by
Giakoumis Steve
Bought by
Win Win Properties Llc and Zhang

Purchase Details

Closed on
Dec 12, 2002
Sold by
City Of Schenectady
Bought by
Giakoumis Steve

Purchase Details

Closed on
Dec 31, 1998
Sold by
First Equity Management Co Of
Bought by
Cognetta Ralph

Purchase Details

Closed on
Oct 29, 1997
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
Omrow Analesa $195,000 Westcor Land Title
Win Win Properties Llc $135,000 American Land Title
Giakoumis Steve $6,250 --
Cognetta Ralph $49,000 --
First Equity Management Co Of $21,000 --
Cognetta Ralph -- --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omrow Analesa $191,468
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $195,000 -2.5% $85 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $199,900 -- $88 / 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 $4,573 $71,300 $10,700 $60,600
2023 $4,573 $71,300 $10,700 $60,600
2022 $4,403 $71,300 $10,700 $60,600
2021 $4,364 $71,300 $10,700 $60,600
2020 $4,279 $71,300 $10,700 $60,600
2019 $2,802 $71,300 $10,700 $60,600
2018 $4,315 $71,300 $10,700 $60,600
2017 $3,545 $71,300 $10,700 $60,600
2016 $4,396 $71,300 $10,700 $60,600
2015 -- $71,300 $10,700 $60,600
2014 -- $71,300 $10,700 $60,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202414263

Global MLS

APN: 039-050-0002-019-000-0000