NOT LISTED FOR SALE

425 Melrose St Schenectady, NY 12306

Estimated Value: $223,000 - $264,000

3 Beds
1 Bath
1,345 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $69,000 $51 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $1,668/month

76 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Hot Water Heating System

About This Home

As of October 2018

HUD Home, Great Single Family home, one car garage and spacious formal dining room, 3 bedroom, sitting room.

Last Agent to Sell the Property

Greg Gersch

Gersch Real Estate Group License #10491205720 Listed on: 06/27/2018

Co-Listed By

Patrick Campbell

Gersch Real Estate Group License #10301214934

Last Buyer's Agent

Joshua Tobin

Miranda Real Estate Group, Inc License #10401311351

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,663

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,345 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Finished Basement

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

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 6
  • Assessor Parcel Number 422800 48.19-6-1

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Directions: Edgewood to Melrose Corner of Cox
  • Above Grade Finished Sq Ft: 1345.0
  • Lot Size: 1
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o1010A
  • Co List Office Phone: 518-452-1456
  • Percent Basement Finished: Yes
  • Laundry Features:In Basement: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1345.0
  • Fireplace: No
  • Full Basement: Yes
  • Kitchen Features:Eat-in Kitchen: Yes

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Off Street
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: 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

  • Parcel #: 422800 48.19-6-1

Tax Info

  • Tax Annual Amount: 4668.0
  • Tax Block: 6
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2019
Sold by
Stephens Ryan J and Harding Elizabeth
Bought by
Moreskies Llc
Current Estimated Value
$240,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$91,560
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$149,004

Purchase Details

Closed on
Nov 1, 2017
Sold by
Secretary Of Hud
Bought by
Citimortgage Inc

Purchase Details

Closed on
Feb 3, 2016
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 30, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 14, 2014
Sold by
Prescott Jill M
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 28, 2005
Sold by
Estate Of Cleveland David F
Bought by
Prescott Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,902
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2002
Sold by
Pasquarella Jana L
Bought by
Cleveland David F

Purchase Details

Closed on
Jan 14, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Moreskies Llc -- Rtr
Citimortgage Inc -- None Available
Secretary Of Housing & Urban Development -- None Available
Citimortgage Inc -- Rosicki, Rosicki, & Assoc
Citimortgage Inc -- None Available
Secretary Of Housing & Urban Development $258,766 None Available
Prescott Keith $134,514 David Juteau
Cleveland David F $93,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreskies Llc $105,000
Previous Owner Prescott Keith $26,902
Previous Owner Prescott Keith $107,611
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $69,000 -12.9% $51 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
09/06/2018 09/06/18 Price Changed $79,200 -20.0% $59 / Sq Ft
07/28/2018 07/28/18 Price Changed $99,000 -10.0% $74 / Sq Ft
06/27/2018 06/27/18 For Sale $110,000 -- $82 / 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 $5,081 $139,000 $7,800 $131,200
2023 $46 $139,000 $7,800 $131,200
2022 $5,137 $139,000 $7,800 $131,200
2021 $4,997 $139,000 $7,800 $131,200
2020 $4,732 $139,000 $7,800 $131,200
2019 $2,141 $139,000 $7,800 $131,200
2018 $4,555 $139,000 $7,800 $131,200
2017 $4,668 $139,000 $7,800 $131,200
2016 $7,296 $139,000 $7,800 $131,200
2015 -- $139,000 $11,200 $127,800
2014 -- $139,000 $11,200 $127,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201823030

Global MLS

APN: 048-019-0006-001-000-0000