NOT LISTED FOR SALE

40 Wallace St Schenectady, NY 12302

Estimated Value: $250,723 - $315,000

7 Beds
2 Baths
2,112 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $265,000 $125 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,980/month

64 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bathroom on Main Level
  • Full Attic
  • Front Porch
  • 2 Car Garage

About This Home

As of June 2024

Solid Village of Scotia 2 family. Long term tenants. All seperate utilities, gas steam heat. Full basement with storage. Great location with access to busline and all that Scotia has to offer. Perfect addition to your portfolio.

Last Agent to Sell the Property

Bruce Dedon

Coldwell Banker Prime Properties License #10301201258 Listed on: 01/29/2024

Coldwell Banker Prime Properties

Last Buyer's Agent

Juchien Ruth Tso

Coldwell Banker Prime Properties License #10301212997

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,104

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 66 x 125
  • Level Lot

Parking

  • 2 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Paddle Fans
  • Wood Flooring
  • Full Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Front Porch

Schools

  • Scotia-Glenville High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 100 Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity, gas
  • The owner pays for sewer, snow removal
  • Legal Lot and Block 21.000 / 1
  • Assessor Parcel Number 422201 30.77-1-21

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,104

Year Built

Built in 1900

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Directions: 50 N or S to 5th Street to Wallace
  • Above Grade Finished Sq Ft: 2112.0
  • Architectural Style: Other
  • Financial Details General Taxes: 1008.36
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2294.0
  • School Taxes Description: Actual
  • Financial Details Village Taxes: 2801.64
  • Village Taxes Description: Actual
  • Lot Size Acres: 0.19
  • Lot Size: 66 x 125
  • Parking Features Parking Total: 2.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Flooring:Hardwood: Yes
  • Laundry Features:In Basement: Yes
  • Foundation Details:Block2: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: Full
  • Interior Amenities: Paddle Fan
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Living Area: 2112.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Sewer, Snow Removal
  • Fireplace: No
  • Interior Features:Paddle Fan: Yes
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Slate
  • Construction Type: Vinyl Siding
  • Fencing: None
  • Foundation Details: Block
  • Other Structures: Garage(s)
  • Patio And Porch Features: Porch, Front Porch
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Paved
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Paved: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service
  • Heating: Steam, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Steam: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes

Schools

  • Junior High Dist: Scotia Glenville

Lot Info

  • Lot Features: Level
  • Parcel #: 422201 30.77-1-21
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Electricity, Gas

Tax Info

  • Tax Annual Amount: 6104.0
  • Tax Block: 1
  • Tax Lot: 21.000

MLS Schools

  • HighSchool: Scotia-Glenville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2017
Closed on
Dec 29, 2017
Sold by
Hills Jeremy D and Venturiello Ilma
Bought by
Shapiro Weston L
Seller's Agent
Christopher Iwinski
KW Platform
Buyer's Agent
Bruce Dedon
Coldwell Banker Prime Properties
List Price
$165,000
Sold Price
$157,500
Premium/Discount to List
-$7,500
-4.55%
Current Estimated Value
$289,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,931
Avg. Annual Appreciation
7.71%
Original Mortgage
$154,057
Outstanding Balance
$129,161
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$160,270

Purchase Details

Closed on
Aug 25, 2010
Sold by
Mccann Michael H
Bought by
Hills Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,426
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2010
Sold by
Mccann Michael H and Mccann Billiejo
Bought by
Hills Jeremy D and Venturiello Ilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,426
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2007
Sold by
Pezzuto Marco P
Bought by
Mccann Michael H Jr Billie Jo

Purchase Details

Closed on
Mar 3, 2001
Sold by
Pezzuto Marco P
Bought by
Pezzuto Marco P

Purchase Details

Closed on
Apr 30, 1999
Sold by
Zeni John E
Bought by
Pezzuto Marco P and Palleschi Mario
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shapiro Weston L $157,000 Old Republic National Title
Hills Jeremy $163,200 --
Hills Jeremy D $164,000 Chicago Title Insurance Co
Mccann Michael H Jr Billie Jo $130,000 Martin S Lazarow
Pezzuto Marco P -- --
Pezzuto Marco P $65,500 --
Pezzuto Marco P -- Anderson Richard P Jr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shapiro Weston L $154,057
Previous Owner Hills Jeremy D $155,426
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2024 06/20/24 Sold $265,000 -5.3% $125 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $279,900 -3.4% $133 / Sq Ft
01/29/2024 01/29/24 For Sale $289,900 +84.1% $137 / Sq Ft
12/29/2017 12/29/17 Sold $157,500 -4.5% $72 / Sq Ft View Prior Sale
10/10/2017 10/10/17 For Sale $165,000 -- $75 / Sq Ft
Source: Global MLS

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 $5,888 $115,500 $16,400 $99,100
2023 $57 $115,500 $16,400 $99,100
2022 $5,505 $115,500 $16,400 $99,100
2021 $5,419 $115,500 $16,400 $99,100
2020 $5,410 $115,500 $16,400 $99,100
2019 $5,149 $115,500 $16,400 $99,100
2018 $5,149 $115,500 $16,400 $99,100
2017 $5,046 $115,500 $16,400 $99,100
2016 $4,964 $115,500 $16,400 $99,100
2015 -- $115,500 $16,400 $99,100
2014 -- $115,500 $16,400 $99,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202411250

Global MLS

APN: 030-077-0001-021-000-0000

Your Personal Tour Guide

Ask me questions while you tour the home.