237 Front St Schenectady, NY 12305
Downtown Schenectady NeighborhoodEstimated Value: $172,000 - $205,000
4
Beds
2
Baths
1,648
Sq Ft
$115/Sq Ft
Est. Value
Highlights
- 0.31 Acre Lot
- Traditional Architecture
- No HOA
- Deck
- Wood Flooring
- 4-minute walk to Front Street Park
About This Home
As of June 2024Investment Opportunity!Looking for a prime investment opportunity in Schenectady's historic district? Fully occupied 2-family home nestled in The Stockade neighborhood and is situated within walking distance to Mohawk Harbor, Union College, downtown and Ellis Hospital for unparalleled convenience and accessibility.With both units occupied, you'll enjoy a steady stream of income, boasting an impressive annual income of $26,400! Plus, with separate utilities, tenants take care of their own expenses, making it a hassle-free investment. Recent renovations with a new roof and brand-new front and rear porches, this property seamlessly blends historic charm with modern functionality.
Last Agent to Sell the Property
Miranda Real Estate Group Inc License #40SE0980789 Listed on: 03/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,081
Year Built
- Built in 1875
Lot Details
- 0.31 Acre Lot
- Partially Fenced Property
- Level Lot
Home Design
- Duplex
- Traditional Architecture
- Vinyl Siding
- Asphalt
Interior Spaces
- 1,648 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Linoleum
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Outdoor Features
- Deck
- Front Porch
Schools
- Schenectady High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- 200+ Amp Service
Community Details
- No Home Owners Association
Listing and Financial Details
- Tenant pays for hot water, heat, electricity
- Legal Lot and Block 3.000 / 1
- Assessor Parcel Number 421500 39.48-1-3
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2024
Closed on
Jun 7, 2024
Sold by
Szny Properties Llc
Bought by
Mono Aek Llc
Seller's Agent
Christine Serafini
Miranda Real Estate Group Inc
Buyer's Agent
Jennifer Mentiply
Renovo Real Estate
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,059
Avg. Annual Appreciation
2.13%
Purchase Details
Closed on
May 23, 2023
Sold by
Hunt Jesse
Bought by
Szny Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.35%
Purchase Details
Listed on
Apr 2, 2015
Closed on
Sep 3, 2015
Sold by
Frascatore Joseph
Bought by
Hunt Jesse
Seller's Agent
Maria Jurczynski
Howard Hanna Capital Inc
Buyer's Agent
Joan Allers
Howard Hanna
List Price
$62,900
Sold Price
$60,000
Premium/Discount to List
-$2,900
-4.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
Purchase Details
Closed on
Oct 28, 1996
Sold by
Cooley Linda B
Bought by
Frascatore Joseph P and Frascatore Jill M
Similar Homes in Schenectady, NY
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mono Aek Llc | $190,000 | None Listed On Document | |
| Szny Properties Llc | $130,000 | Stewart Title | |
| Hunt Jesse | $60,000 | Jonathan Summers | |
| Frascatore Joseph P | $38,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Szny Properties Llc | $138,000 | |
| Previous Owner | Szny Properties Llc | $27,000 | |
| Previous Owner | Szny Properties Llc | $104,600 | |
| Previous Owner | Szny Properties Llc | $27,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $185,000 | -2.6% | $112 / Sq Ft |
| 04/06/2024 04/06/24 | Pending | -- | -- | -- |
| 03/28/2024 03/28/24 | Price Changed | $189,900 | +0.5% | $115 / Sq Ft |
| 03/28/2024 03/28/24 | For Sale | $189,000 | +215.0% | $115 / Sq Ft |
| 09/07/2015 09/07/15 | Sold | $60,000 | -4.6% | $36 / Sq Ft |
| 08/14/2015 08/14/15 | Pending | -- | -- | -- |
| 04/02/2015 04/02/15 | For Sale | $62,900 | -- | $38 / Sq Ft |
Source: Global MLS
Tax History Compared to Growth
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 | $5,067 | $80,100 | $12,000 | $68,100 |
| 2023 | $5,067 | $80,100 | $12,000 | $68,100 |
| 2022 | $4,886 | $80,100 | $12,000 | $68,100 |
| 2021 | $4,842 | $80,100 | $12,000 | $68,100 |
| 2020 | $4,803 | $80,100 | $12,000 | $68,100 |
| 2019 | $3,143 | $80,100 | $12,000 | $68,100 |
| 2018 | $4,842 | $80,100 | $12,000 | $68,100 |
| 2017 | $3,928 | $80,100 | $12,000 | $68,100 |
| 2016 | $4,883 | $80,100 | $12,000 | $68,100 |
| 2015 | -- | $80,100 | $12,000 | $68,100 |
| 2014 | -- | $80,100 | $12,000 | $68,100 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Serafini
Seller's Agent in 2024
Christine Serafini
Miranda Real Estate Group Inc
(518) 514-8830
4 in this area
350 Total Sales
-
Jennifer Mentiply
Buyer's Agent in 2024
Jennifer Mentiply
Renovo Real Estate
(518) 369-4545
3 in this area
128 Total Sales
-
Maria Jurczynski
Seller's Agent in 2015
Maria Jurczynski
Howard Hanna Capital Inc
(518) 331-1197
134 Total Sales
-
J
Buyer's Agent in 2015
Joan Allers
Howard Hanna
-
P
Buyer's Agent in 2015
Philip Wagner
Hunt ERA
Map
Source: Global MLS
MLS Number: 202414292
APN: 039-048-0001-003-000-0000
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