427 Duane Ave Schenectady, NY 12304
Central State Neighborhood
6
Beds
2
Baths
1,992
Sq Ft
3,920
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- Forced Air Heating System
- Full Attic
- Bathroom on Main Level
- Hot Water Heating System
About This Home
As of April 2024Elevate your investment portfolio with this two-family Schenectady residence. The first floor, already cash flowing, is rented for $1,335/month, offering immediate returns. The second floor, recently renovated and currently vacant, opens doors to potential and customization. Boasting three bedrooms in each unit, this property blends practicality with profit. A rare opportunity for both investors and homeowners seeking a dynamic and lucrative real estate venture in Schenectady's thriving market. Act now and step into a world where smart investment meets unparalleled potential!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,343
Year Built
- Built in 1910
Lot Details
- 3,920 Sq Ft Lot
- Perimeter Fence
Home Design
- Duplex
- Block Foundation
- Aluminum Siding
- Asphalt
Interior Spaces
- 1,992 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Full Attic
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Schools
- Schenectady High School
Utilities
- No Cooling
- Forced Air Heating System
- Hot Water Heating System
- 100 Amp Service
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 26.000 / 3
- Assessor Parcel Number 421500 49.58-3-26
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2020
Closed on
Dec 24, 2020
Sold by
Seeraj Ravin
Bought by
Capital Region Apartment Rentals Llc
Seller's Agent
Shane Marsche
Coldwell Banker Prime Properties
Buyer's Agent
Shane Marsche
Coldwell Banker Prime Properties
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,079
Avg. Annual Appreciation
23.84%
Original Mortgage
$98,000
Interest Rate
2.67%
Mortgage Type
Construction
Purchase Details
Closed on
May 1, 2017
Sold by
Seeraj Boodhram
Bought by
Seeraj Ravin
Purchase Details
Closed on
Mar 23, 2016
Sold by
Seeraj Naresh and Seeraj Kalortee
Bought by
Seeraj Boodhram
Purchase Details
Closed on
Dec 19, 1997
Sold by
Gallagher Helen
Bought by
Seeraj Kalowtee
Similar Homes in Schenectady, NY
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $80,000 | Stewart Title Insurance Co | |
| Deed | $80,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $32,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,000 | New Conventional | |
| Closed | $120,000 | New Conventional | |
| Closed | $98,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2024 04/18/24 | Sold | $200,000 | +0.1% | $100 / Sq Ft |
| 02/26/2024 02/26/24 | Pending | -- | -- | -- |
| 01/24/2024 01/24/24 | Price Changed | $199,900 | -4.4% | $100 / Sq Ft |
| 01/15/2024 01/15/24 | Price Changed | $209,000 | -4.6% | $105 / Sq Ft |
| 12/04/2023 12/04/23 | For Sale | $219,000 | +173.8% | $110 / Sq Ft |
| 01/06/2021 01/06/21 | Sold | $80,000 | -19.9% | $40 / Sq Ft |
| 10/08/2020 10/08/20 | Pending | -- | -- | -- |
| 10/05/2020 10/05/20 | For Sale | $99,900 | -- | $50 / Sq Ft |
Source: Global MLS
Tax History Compared to Growth
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 | $4,574 | $72,500 | $10,900 | $61,600 |
| 2023 | $4,574 | $72,500 | $10,900 | $61,600 |
| 2022 | $4,412 | $72,500 | $10,900 | $61,600 |
| 2021 | $4,374 | $72,500 | $10,900 | $61,600 |
| 2020 | $4,289 | $72,500 | $10,900 | $61,600 |
| 2019 | $2,786 | $72,500 | $10,900 | $61,600 |
| 2018 | $4,324 | $72,500 | $10,900 | $61,600 |
| 2017 | $3,598 | $72,500 | $10,900 | $61,600 |
| 2016 | $4,447 | $72,500 | $10,900 | $61,600 |
| 2015 | -- | $72,500 | $10,900 | $61,600 |
| 2014 | -- | $72,500 | $10,900 | $61,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle DeMeo
K
Seller's Agent in 2024
Kyle DeMeo
KW Platform
(518) 269-6588
1 in this area
56 Total Sales
-
Justin Essaff
Buyer's Agent in 2024
Justin Essaff
Howard Hanna Capital Inc
(518) 727-1525
1 in this area
12 Total Sales
-
S
Seller's Agent in 2021
Shane Marsche
Coldwell Banker Prime Properties
Map
Source: Global MLS
MLS Number: 202329129
APN: 049-058-0003-026-000-0000
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