NOT LISTED FOR SALE

223 Lake Shore Dr Rensselaer, NY 12144

Estimated Value: $258,341 - $328,000

4 Beds
1 Bath
1,452 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 14, 2016

Last sale price $98,500 $68 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,968/month

92 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Wood Siding
  • Red Mill School Rated A
  • Forced Air Heating System
  • 1-minute walk to Hampton Manor Park & Beachouse

About This Home

As of January 2016

HUD home sold "as is". Fair Condition

Last Agent to Sell the Property

Greg Gersch

Gersch Real Estate Group License #10491205720 Listed on: 07/22/2015

Co-Listed By

Patrick Campbell

Gersch Real Estate Group License #10301214934

Last Buyer's Agent

Matthew Spiak

Gersch Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,350

Year Built

  • Built in 1925

Lot Details

  • 0.28 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Wood Siding
  • Asphalt

Interior Spaces

  • 1,452 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 011 / 0017
  • Assessor Parcel Number 382400 155-0017-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,350

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1925
  • Directions: Rt 20 to Hampton Av to Lake Shore Dr
  • Above Grade Finished Sq Ft: 1452.0
  • Architectural Style: Bungalow
  • Special Assessment Description: 98,5
  • Lot Size Acres: 0.28
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o1010A
  • Co List Office Phone: 518-452-1456
  • Architectural Style:Bungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1452.0
  • Kitchen Features:Working Only Kitchen: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Oil
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: East Greenbush

Lot Info

  • Parcel #: 382400 155-0017-011
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5350.0
  • Tax Block: 0017
  • Tax Lot: 011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2015
Closed on
Jan 14, 2016
Sold by
Secretary Of Hud
Bought by
Gerrish Timothy
Seller's Agent
Greg Gersch
Gersch Real Estate Group
Buyer's Agent
Matthew Spiak
Gersch Real Estate Group
List Price
$140,000
Sold Price
$98,500
Premium/Discount to List
-$41,500
-29.64%
Current Estimated Value
$285,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,835
Avg. Annual Appreciation
11.34%
Original Mortgage
$106,301
Outstanding Balance
$84,571
Interest Rate
3.97%
Mortgage Type
FHA
Estimated Equity
$200,764

Purchase Details

Closed on
May 20, 2015
Sold by
Bank Of America
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 3, 2015
Sold by
Gruenberg Esq David
Bought by
Bank Of America, N.A. As Trustee

Purchase Details

Closed on
Dec 20, 2006
Sold by
Crucetti Dorothy
Bought by
Laufer John and Laufer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,180
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerrish Timothy $98,500 Michael Mansion
Secretary Of Hud -- Leopold & Associates
Bank Of America, N.A. As Trustee $289,730 Leopold & Associates
Laufer John $162,180 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerrish Timothy $106,301
Previous Owner Laufer John $162,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2016 01/14/16 Sold $98,500 -21.8% $68 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
09/09/2015 09/09/15 Price Changed $126,000 -10.0% $87 / Sq Ft
07/21/2015 07/21/15 For Sale $140,000 -- $96 / 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 $5,653 $155,200 $25,000 $130,200
2023 $5,354 $155,200 $25,000 $130,200
2022 $5,344 $153,000 $25,000 $128,000
2021 $5,399 $153,000 $25,000 $128,000
2020 $4,866 $153,000 $25,000 $128,000
2019 $4,890 $153,000 $25,000 $128,000
2018 $4,890 $153,000 $25,000 $128,000
2017 $4,691 $140,600 $28,000 $112,600
2016 $4,856 $140,600 $28,000 $112,600
2015 -- $140,600 $28,000 $112,600
2014 -- $140,600 $28,000 $112,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201516044

Global MLS

APN: 2400-155.14-17-11.2