NOT LISTED FOR SALE

1937 Wabash Ave Schenectady, NY 12306

Estimated Value: $225,000 - $263,000

6 Beds
2 Baths
2,254 Sq Ft
$107/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $195,000 $87 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,830/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Storm Windows
  • Full Attic
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of August 2023

Good bones, updates to many major items, and the Bellevue location make this 2-family a great owner-occupied or investment property! Unit 1 updates include electric, toilet, windows, washer/dryer, and water heater. Unit 2 updates include remodeled Kitchen and Bath; floors in kitchen, hall and two bedrooms; refinished hw floors in LR, DR and one bedroom; windows, boiler, and water heater. Repairs were done to the slate roof and interior/exterior painting was done when purchased in 2015. The detached oversized garage can be heated, so there's a possibility for extra rent for storage and/or tenant parking. There is plenty of off-street parking and the backyard is fenced. Taxes include trash removal and water. Don't miss this opportunity to invest in a solid home in this desirable area!

Last Agent to Sell the Property

Kerri Arserio

REMAX Solutions License #10401204746 Listed on: 06/01/2023

REMAX Solutions

Last Buyer's Agent

Scott Scorzafava

Scorzafava Real Estate Group LLC License #10491210709

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,083

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x130
  • Gated Home
  • Back Yard Fenced
  • Chain Link Fence
  • Level Lot

Parking

  • 1.5 Car Garage
  • Driveway
  • Secured Garage or Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Stone Foundation
  • Slate Roof
  • Wood Siding
  • Aluminum Siding
  • Asphalt

Interior Spaces

  • 2,254 Sq Ft Home
  • 2-Story Property
  • Paddle Fans
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Full Attic
  • Laundry on upper level

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

  • Schenectady High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 39 / 48.6
  • Assessor Parcel Number 48.6-2-39

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,083

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Zoning: Multi Residence
  • Year Built: 1900
  • Directions: Broadway to Guilderland Ave to Wabash
  • Above Grade Finished Sq Ft: 2254.0
  • Financial Details General Taxes: 3771.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2312.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.1
  • Lot Size: 35x130
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Sale Detail Buyer Zip Code: 11413
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Flooring:Laminate: Yes
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Upper Level: Yes
  • Flooring:Vinyl: Yes
  • Laundry Features:In Basement: Yes
  • Foundation Details:Stone4: Yes
  • Fencing:Chain Link: Yes
  • Electric:Circuit Breakers: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Hardwood, Laminate
  • Basement: Full, Interior Entry, Pillar/Post/Pier, Unfinished
  • Interior Amenities: Paddle Fan, High Speed Internet, Walk-In Closet(s), Ceramic Tile Bath
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Living Area: 2254.0
  • Window Features: Storm Window(s), Double Pane Windows, ENERGY STAR Qualified Windows
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Full Basement: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Attic Features:Storage2: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Attic Features:Walk-Up: Yes
  • Attic Features:Windows: Yes
  • Basement:Interior Entry: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Full2: Yes
  • Basement:PillarPostPier: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Slate, Asphalt
  • Construction Type: Aluminum Siding, Wood Siding
  • Fencing: Back Yard, Chain Link, Gate
  • Foundation Details: Stone
  • Other Structures: Garage(s)
  • Patio And Porch Features: Rear Porch, Covered, Front Porch, Patio
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None37: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Level: Yes
  • Window Features:Storm Window(s): Yes
  • Patio And Porch Features:Front Porch: Yes
  • Door Features:Storm Door(s)2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:ENERGY STAR Qualified Windows: Yes
  • Window Features:Double Pane Windows2: Yes

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Off Street, Driveway, Garage
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 1.5
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage: Yes
  • Other Structures:Garage(s): Yes
  • Security Features:Secured GarageParking: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Steam, Natural Gas
  • Laundry Features: In Basement, Upper Level
  • Security: Secured Garage/Parking, Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Steam: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level
  • Parcel #: 48.6-2-39
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6083.0
  • Tax Block: 48.6
  • Tax Lot: 39
  • Tax Tract: 2

MLS Schools

  • HighSchool: Schenectady

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 9, 2023
Sold by
White Nancy S
Bought by
Budhu Rakesh
Seller's Agent
Kerri Arserio
REMAX Solutions
Buyer's Agent
Scott Scorzafava
Scorzafava Real Estate Group LLC
List Price
$214,900
Sold Price
$195,000
Premium/Discount to List
-$19,900
-9.26%
Views
57
Current Estimated Value
$240,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,960
Avg. Annual Appreciation
10.88%
Original Mortgage
$156,000
Outstanding Balance
$152,749
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$88,211

Purchase Details

Listed on
Feb 19, 2015
Closed on
Jul 27, 2015
Sold by
Morrett Donald A
Bought by
White Nancy S
Seller's Agent
Toni Lupi-Pallotolo
Miranda Real Estate Group Inc
Buyer's Agent
Kerri Arserio
Berkshire Hathaway HomeServices Blake, REALTORS
List Price
$89,900
Sold Price
$65,000
Premium/Discount to List
-$24,900
-27.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.64%

Purchase Details

Closed on
Nov 3, 1995
Sold by
Richute James J Richute Gertru
Bought by
Morrett Christopher N and Morrett Donald A
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
Budhu Rakesh $195,000 Stewart Title
Budhu Rakesh $195,000 Stewart Title
White Nancy S $65,000 Kevin Caslin
White Nancy S $65,000 None Available
Morrett Christopher N $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budhu Rakesh $156,000
Closed Budhu Rakesh $156,000
Previous Owner Washington Mutual Bank $26,000
Previous Owner Morrett Christopher N $59,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $195,000 -9.3% $87 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $214,900 +230.6% $95 / Sq Ft
07/27/2015 07/27/15 Sold $65,000 -27.7% $29 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $89,900 -- $40 / 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 $6,209 $113,200 $17,000 $96,200
2023 $6,209 $113,200 $17,000 $96,200
2022 $6,083 $113,200 $17,000 $96,200
2021 $6,041 $113,200 $17,000 $96,200
2020 $5,936 $113,200 $17,000 $96,200
2019 $3,590 $113,200 $17,000 $96,200
2018 $5,992 $113,200 $17,000 $96,200
2017 $5,366 $113,200 $17,000 $96,200
2016 $6,142 $113,200 $17,000 $96,200
2015 -- $113,200 $17,000 $96,200
2014 -- $113,200 $17,000 $96,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202317799

Global MLS

APN: 048-060-0002-039-000-0000