NOT LISTED FOR SALE

338 Melrose St Schenectady, NY 12306

Estimated Value: $206,000 - $253,000

2 Beds
1 Bath
1,152 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $175,000 $152 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,648/month

46 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Front Porch
  • Full Attic
  • No HOA
  • Bungalow

About This Home

As of August 2023

This adorable bungalow in the heart of Rotterdam is just waiting to be loved. Just in time for summer, the front porch is the perfect place to sit and enjoy the view of the beautiful double lot with plenty of room for expansion. There is a fenced in area for your dog and a garden area for those fresh vegetables! The full attic is just waiting to be converted into a beautiful living space. The home has had
some updates over the years and with a little TLC it can be a wonderful investment property or cozy first home. Hardwood floors under the carpets in the bedrooms and the living room and eating area has newer Pergo flooring. This home is being sold as is. Come take a look today!

Last Agent to Sell the Property

Kim Whipple

Miranda Real Estate Group Inc License #10401244528 Listed on: 06/09/2023

Last Buyer's Agent

Paul Yakel

Lincoln Realty License #31YA1157257

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,757

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Garden

Home Design

  • Bungalow
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Asphalt

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Window Screens
  • Full Attic
  • Storm Doors
  • Dryer

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Front Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 150 Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9.000 / 8
  • Assessor Parcel Number 422800 48.15-8-9

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,757

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Directions: Broadway to Edgewood Ave and make a left on Melrose St.
  • Above Grade Finished Sq Ft: 1152.0
  • Architectural Style: Bungalow
  • Lot Size Acres: 0.29
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Full Bathroom Level: First
  • Sale Detail Buyer Zip Code: 12303
  • Sale Detail Seller Contribution: No
  • Garage Yn: Yes
  • Flooring:Laminate: Yes
  • Electric:_one_50 Amp Service: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Washer Hookup: Yes
  • Cooling:Central Air: Yes
  • Appliances Dryer: Yes
  • Architectural Style:Bungalow: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Fencing:Chain Link: Yes
  • Electric:Circuit Breakers: Yes
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate
  • Basement: Exterior Entry, Full, Unfinished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Range Hood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Living Area: 1152.0
  • Bedroom Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Window Features: Screens, Insulated Windows
  • Bathroom Levels Full Bathroom 1: 1st
  • Appliances Dishwasher: Yes
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes
  • Appliances:Range Hood: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Exterior Features: Drive-Paved, Garden, Lighting
  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Fencing: Chain Link
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Drive-Paved: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Garden: Yes
  • Exterior Features:Lighting: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Window Features:Screens: Yes
  • Door Features:Storm Door(s)2: Yes

Garage/Parking

  • Parking Features: Off Street, Paved, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Garage: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 150 Amp Service, Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Mohonasen

Lot Info

  • Lot Features: Corner Lot
  • Parcel #: 422800 48.15-8-9
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3757.13
  • Tax Block: 8
  • Tax Lot: 9.000
  • Tax Tract: 48.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 24, 2023
Sold by
Janice L Talbot Family Irrevocable Trust
Bought by
Rickram Rishie
Seller's Agent
Kim Whipple
Miranda Real Estate Group Inc
Buyer's Agent
Paul Yakel
Lincoln Realty
List Price
$169,999
Sold Price
$175,000
Premium/Discount to List
$5,001
2.94%
Views
43
Current Estimated Value
$220,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,059
Avg. Annual Appreciation
11.36%
Original Mortgage
$157,500
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2023
Sold by
Talbot Janice L
Bought by
Janice L Talbot Family Irrevocable Trust and Talbot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 1998
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
Rickram Rishie $175,000 Atrium Title
Janice L Talbot Family Irrevocable Trust -- None Listed On Document
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rickram Rishie $157,500
Previous Owner Janice L Talbot Family Irrevocable Trust $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $175,000 0.0% $152 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/09/2023 06/09/23 Price Changed $174,999 +2.9% $152 / Sq Ft
06/09/2023 06/09/23 For Sale $169,999 0.0% $148 / Sq Ft
05/28/2023 05/28/23 Off Market $169,999 -- --
04/28/2023 04/28/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $169,999 -- $148 / 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 $5,729 $114,000 $17,400 $96,600
2023 $5,729 $114,000 $17,400 $96,600
2022 $4,213 $114,000 $17,400 $96,600
2021 $4,098 $114,000 $17,400 $96,600
2020 $3,409 $114,000 $17,400 $96,600
2019 $1,715 $114,000 $17,400 $96,600
2018 $3,256 $114,000 $17,400 $96,600
2017 $3,263 $114,000 $17,400 $96,600
2016 $3,298 $114,000 $17,400 $96,600
2015 -- $114,000 $22,300 $91,700
2014 -- $114,000 $22,300 $91,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202315380

Global MLS

APN: 048-015-0008-009-000-0000