NOT LISTED FOR SALE

2008 Scotch Ridge Rd Schenectady, NY 12306

Estimated Value: $294,000 - $498,000

6 Beds
2 Baths
2,538 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $193,650 $76 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,839/month

21 Days on Market

Highlights

  • Private Lot
  • No HOA
  • Window Unit Cooling System
  • Wooded Lot
  • 2 Car Attached Garage
  • Views

About This Home

As of August 2016

This Two Family, Owner occupied home is exceptionally well cared for and it is a fantastic value. Rent will cover approximately 70% of the mortgage. The apartments are large and the setting is exceptionally private. Used currently as 2 Bedrooms with a den, the owner is willing to add a closet if requested. There have been some new vinyl clad windows added. You will be amazed at all that is included at this price. Reflects $543 STAR Savings -- Excellent Condition

Last Agent to Sell the Property

Michael Keefrider

Coldwell Banker Prime Properties License #30KE0495748 Listed on: 05/23/2016

Coldwell Banker Prime Properties

Last Buyer's Agent

Carol Eisler

Miranda Real Estate Group, Inc License #10401227046

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,353

Year Built

  • Built in 1979

Lot Details

  • 4.21 Acre Lot
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Asphalt

Interior Spaces

  • 2,538 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on main level
  • Property Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 20.61 / 2
  • Assessor Parcel Number 422600 46.-2-20.61

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,353

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1979
  • Directions: Mariaville to Currybush Rd to Scotch Ridge Rd
  • Above Grade Finished Sq Ft: 2538.0
  • Financial Details General Taxes: 2125.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4228.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 4.21
  • Lot Size: 4.217 Acres
  • New Construction: No
  • Parking Features Parking Total: 8.0
  • Possession Possession Legacy: Arranged
  • Sale Detail Seller Contribution: Yes
  • Laundry Features:Main Level: Yes
  • Laundry Features:Upper Level: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2538.0
  • Fireplace: No
  • Full Basement: Yes

Exterior Features

  • Roof: Asphalt
  • Lot Features:Wooded: Yes
  • Lot Features:Private: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Attached
  • Attached Garage: Yes
  • Total Parking Spaces: 8.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Hot Water, Oil
  • Laundry Features: Main Level, Upper Level
  • Water Source: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Oil2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 1 Amenities:Built-in Features4: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes
  • Unit 2 Amenities:Sliding Doors3: Yes

Schools

  • Junior High Dist: Schalmont

Lot Info

  • Lot Features: Other, Private, Rolling Slope, Views, Wooded
  • Parcel #: 422600 46.-2-20.61
  • Lot Size Sq Ft: 183387.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6353.0
  • Tax Block: 2
  • Tax Lot: 20.61
  • Tax Tract: 46.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Sep 7, 2016
Sold by
Vanwoeart Mark D
Bought by
Cosolito Micheal J
Seller's Agent
Michael Keefrider
Coldwell Banker Prime Properties
Buyer's Agent
Carol Eisler
Miranda Real Estate Group, Inc
List Price
$179,900
Sold Price
$193,650
Premium/Discount to List
$13,750
7.64%
Current Estimated Value
$417,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,302
Avg. Annual Appreciation
8.84%
Original Mortgage
$125,600
Outstanding Balance
$100,324
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$317,628

Purchase Details

Closed on
Mar 18, 2009
Sold by
Vanwoeart Mark
Bought by
Vanwoeart Mark
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
Cosolito Micheal J $195,000 None Available
Vanwoeart Mark $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosolito Micheal J $125,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $193,650 +7.6% $76 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $179,900 -- $71 / 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 $7,474 $85,000 $10,000 $75,000
2023 $7,474 $85,000 $10,000 $75,000
2022 $8,811 $85,000 $10,000 $75,000
2021 $8,935 $85,000 $10,000 $75,000
2020 $2,061 $85,000 $10,000 $75,000
2018 $2,129 $85,000 $10,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201610295

Global MLS

APN: 422600 46.-2-20.61