NOT LISTED FOR SALE

3703 Somerset Terrace Schenectady, NY 12304

Estimated Value: $202,961 - $281,000

2 Beds
1 Bath
796 Sq Ft
$292/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $123,600 $155 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,568/month

32 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Cul-De-Sac
  • Waverly Elementary School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of August 2018

Own this one floor bungalow less than rent. Located on a dead-end street with privacy, woods, a nature lovers dream w/deer, birds, etc. Close to Mohawk Commons, Newer windows and doors, updated kitchen, bath, and vinyl siding, low taxes, ready to move right in. Great for first time home buyer or someone looking to downsize. Excellent Condition

Last Agent to Sell the Property

Doreen Ross

Doreen Ross Associates License #33RO0279542 Listed on: 05/15/2018

Last Buyer's Agent

Rachel Henley

Miranda Real Estate Group, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,139

Year Built

  • Built in 1942

Lot Details

  • Lot Dimensions are 165' x 165'
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Wooded Lot

Home Design

  • Bungalow
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 796 Sq Ft Home
  • Built-In Features
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 23 / 2
  • Assessor Parcel Number 422400 60.15-2-23

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,139

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1942
  • Directions: Central Avenue (Rt5) turn on Fairfax Ave., (L) on Somerset Terrace. House at end of the street
  • Above Grade Finished Sq Ft: 796.0
  • Architectural Style: Bungalow
  • Financial Details General Taxes: 1507.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 1632.0
  • School Taxes Description: Actual
  • Lot Size: 165' x 165'
  • New Construction: No
  • Parking Features Parking Total: 5.0
  • Possession Possession Legacy: arranged
  • Sale Detail Seller Contribution: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Flooring:Ceramic Tile: Yes
  • Architectural Style:Bungalow: Yes
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Basement: Full
  • Interior Amenities: Built-in Features, Eat-in Kitchen
  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 796.0
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Interior Features:Built-in Features: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Other Structures: Shed(s)
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Private: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Total Parking Spaces: 5.0
  • Parking Features:Off Street: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: South Colonie

Lot Info

  • Lot Features: Private, Wooded, Cul-De-Sac, Landscaped
  • Parcel #: 422400 60.15-2-23

Tax Info

  • Tax Annual Amount: 3139.0
  • Tax Block: 2
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Aug 23, 2018
Sold by
Drezek Stanley
Bought by
Balwit David
Seller's Agent
Doreen Ross
Doreen Ross Associates
Buyer's Agent
Rachel Henley
Miranda Real Estate Group, Inc
List Price
$124,900
Sold Price
$123,600
Premium/Discount to List
-$1,300
-1.04%
Current Estimated Value
$233,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,721
Avg. Annual Appreciation
8.99%
Original Mortgage
$117,420
Outstanding Balance
$86,784
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$145,956

Purchase Details

Closed on
Nov 30, 1994
Sold by
Glasbergen Elizabeth J
Bought by
Drezak Stanley
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
Balwit David $124,000 None Available
Drezak Stanley $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balwit David $117,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2018 08/06/18 Sold $123,600 -1.0% $155 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $124,900 -- $157 / 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 $4,127 $113,000 $42,100 $70,900
2023 $4,227 $113,000 $42,100 $70,900
2022 $3,974 $113,000 $42,100 $70,900
2021 $3,197 $89,000 $42,100 $46,900
2020 $2,880 $89,000 $42,100 $46,900
2019 $1,520 $89,000 $42,100 $46,900
2018 $3,026 $89,000 $42,100 $46,900
2017 $2,940 $89,000 $42,100 $46,900
2016 $2,953 $89,000 $42,100 $46,900
2015 -- $89,000 $42,100 $46,900
2014 -- $89,000 $42,100 $46,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201819072

Global MLS

APN: 060-015-0002-023-000-0000