NOT LISTED FOR SALE

2805 Broadway Schenectady, NY 12306

Estimated Value: $224,042 - $260,000

5 Beds
3 Baths
2,000 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $169,000 $84 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,706/month

41 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Forced Air Heating System
  • Corner Lot

About This Home

As of July 2021

Hello INVESTORS or OWNER OCCUPIED you will want to take notice! Very good condition with this consistently rented 3 unit property for the past 15 years. Extensively renovated in 2006. Easy parking for tenants with its corner lot location. All units are on separate utilities. Located in Mohonasen SD. Occupied, 1 day notice needed for all viewings. Very Good Condition

Last Agent to Sell the Property

Melissa Fearn

CM Fox Real Estate Listed on: 03/08/2021

Last Buyer's Agent

Craig Hamor

Carrow Real Estate Services LLC License #10401323875

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,000 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • Active Adult
  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 3 / 7
  • Assessor Parcel Number 422800 48.19-7-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,468

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1935
  • Directions: I-890 W toward Schenectady EXIT 5 toward Broadway Left onto Broadway GO 1.72 miles & ARRIVE AT 2805 Broadway, on the right. Corner of Broadway & Melrose.
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Triplex
  • Lot Size Acres: 0.13
  • Lot Size: 5,663
  • Parking Features Parking Total: 6.0
  • Sale Detail Seller Contribution: Yes
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 3
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 2000.0
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: 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:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Radiant: 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, Corner Lot
  • Parcel #: 422800 48.19-7-3
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6468.0
  • Tax Block: 7
  • Tax Lot: 3

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Jul 1, 2021
Sold by
Famolaro Robert A
Bought by
Whyte Llaurence
Seller's Agent
Melissa Fearn
CM Fox Real Estate
Buyer's Agent
Craig Hamor
Carrow Real Estate Services LLC
List Price
$165,000
Sold Price
$169,000
Premium/Discount to List
$4,000
2.42%
Current Estimated Value
$247,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,511
Avg. Annual Appreciation
8.81%
Original Mortgage
$155,677
Outstanding Balance
$141,468
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$106,043

Purchase Details

Closed on
Mar 7, 2006
Sold by
Estate Fresatore Alexander L
Bought by
Farolaro Robert A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Whyte Llaurence $169,000 Bennett Title & Abstract Llc
Whyte Llaurence -- None Listed On Document
Farolaro Robert A $65,000 David Bacon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whyte Llaurence $155,677
Closed Whyte Llaurence $155,677
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $169,000 +6.3% $85 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/05/2021 04/05/21 Price Changed $159,000 -3.6% $80 / Sq Ft
03/07/2021 03/07/21 For Sale $165,000 -- $83 / 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 $4,935 $135,000 $13,000 $122,000
2023 $58 $135,000 $13,000 $122,000
2022 $4,989 $135,000 $13,000 $122,000
2021 $4,853 $135,000 $13,000 $122,000
2020 $5,231 $135,000 $13,000 $122,000
2019 $2,529 $135,000 $13,000 $122,000
2018 $2,498 $135,000 $13,000 $122,000
2017 $4,981 $135,000 $13,000 $122,000
2016 $5,143 $135,000 $13,000 $122,000
2015 -- $135,000 $13,000 $122,000
2014 -- $135,000 $13,000 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202113330

Global MLS

APN: 048-019-0007-003-000-0000