NOT LISTED FOR SALE

2524 Augustine Ave Schenectady, NY 12306

Estimated Value: $304,510 - $339,000

6 Beds
3 Baths
2,816 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $180,200 $64 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,266/month

64 Days on Market

Highlights

  • Active Adult
  • Detached Garage
  • Forced Air Heating System
  • No HOA
  • Window Unit Cooling System
  • Level Lot

About This Home

As of August 2017

RARE Cash flowing 3-unit income property located in Mohonasen schools-PRO FORMA in docs. Well maintained building, w/sep utilities with many recent mechanical updates. New furnace and HW tank (2016), new electrical service, newer furnaces in other 2 units and a newer 30 yr roof . Washer/Dryer separate connections in all 3 units. Garage generates additional rental income. Nice quiet family friendly neighborhood. A great opportunity to own a cash flowing investment property in a great school district! Very Good Condition

Last Agent to Sell the Property

Jason Young

Miranda Real Estate Group Inc Listed on: 08/01/2017

Last Buyer's Agent

Christopher Wright

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,406

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • Detached Garage

Home Design

  • Triplex
  • Aluminum Siding
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,816 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • The owner pays for snow removal, grounds care
  • Legal Lot and Block 34 / 6
  • Assessor Parcel Number 422800 48.2-6-34

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $2,155

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,406

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1920
  • Directions: CURRY RD TO AUGUSTINE AVE
  • Above Grade Finished Sq Ft: 2816.0
  • Financial Details General Taxes: 3326.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3080.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.12
  • Sale Detail Seller Contribution: Yes
  • Senior Community YN: No Special Conditions
  • Insurance Expense Description: Actual
  • Other Income Description: Actual
  • Income: 30900.0
  • Income Description: Actual
  • Structure Type: Triplex
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 2816.0
  • Owner Pays: Snow Removal, Grounds Care
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Mohonasen

Lot Info

  • Lot Features: Level
  • Parcel #: 422800 48.2-6-34
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Insurance Expense: 2155.0
  • Income And Expenses Other Income: 2400
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6406.0
  • Tax Block: 6
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Sep 29, 2017
Sold by
Heck Margaret
Bought by
Sylvain Jean
Seller's Agent
Jason Young
Miranda Real Estate Group Inc
Buyer's Agent
Christopher Wright
KW Platform
List Price
$175,000
Sold Price
$180,200
Premium/Discount to List
$5,200
2.97%
Current Estimated Value
$325,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,178
Avg. Annual Appreciation
7.42%
Original Mortgage
$176,739
Outstanding Balance
$149,296
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$176,082

Purchase Details

Closed on
Jul 12, 1999
Sold by
Kill Patrick E and Kill Ann Marie
Bought by
Durrant Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sylvain Jean $180,500 None Available
Durrant Michael $94,500 Steven X Kouray
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sylvain Jean $176,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $180,200 +3.0% $64 / Sq Ft
07/31/2017 07/31/17 For Sale $175,000 0.0% $62 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $175,000 -- $62 / 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 $6,633 $181,000 $5,500 $175,500
2023 $7,391 $181,000 $5,500 $175,500
2022 $6,687 $181,000 $5,500 $175,500
2021 $6,508 $181,000 $5,500 $175,500
2020 $6,940 $181,000 $5,500 $175,500
2019 $3,088 $181,000 $5,500 $175,500
2018 $3,349 $181,000 $5,500 $175,500
2017 $6,385 $181,000 $5,500 $175,500
2016 $6,496 $181,000 $5,500 $175,500
2015 -- $181,000 $5,500 $175,500
2014 -- $181,000 $5,500 $175,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jason Young

    Miranda Real Estate Group Inc

  • C

    Buyer's Agent in 2017

    Christopher Wright

    KW Platform

  • Chris Wright

    Buyer's Agent in 2017

    Chris Wright

    Saratoga Spa Realty

    (518) 441-4535

    4 in this area

    85 Total Sales

    Chris Wright
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Map

Source: Global MLS

MLS Number: 201707303

Global MLS

APN: 048-020-0006-034-000-0000

New York Schenectady County Schenectady 12306

2524 Augustine Ave, Schenectady, NY

Not Listed for Sale

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