NOT LISTED FOR SALE

517 Summit Ave Schenectady, NY 12307

Hamilton Hill Neighborhood

Estimated Value: $208,572 - $355,000

6 Beds
2 Baths
2,260 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $32,000 $14 Per Sq Ft

Est. 772% increase in value since last sale

Current estimated payment $1,811/month

127 Days on Market

Highlights

  • Full Attic
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Window Unit Cooling System

About This Home

As of June 2016

You wont find a better deal! 2 family with HUGE 3 bedroom flats, fully rented! Cheap taxes for Schenectady, $21,600 yearly gross potential! Make your money back in less than 2 years! minor cosmetics needed. 515 summit also for sale. Good Condition

Last Agent to Sell the Property

David Brown

Hunt ERA Listed on: 05/18/2016

Last Buyer's Agent

David Schrepper

Yankee Realty Inc

Yankee Realty Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 3,485

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Slate Roof
  • Aluminum Siding

Interior Spaces

  • 2,260 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Full Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Insurance Expense $450

Listing and Financial Details

  • Legal Lot and Block 60 / 3
  • Assessor Parcel Number 421500 49.31-3-60

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1905
  • Directions: Strong St to Summit Ave
  • Above Grade Finished Sq Ft: 2260.0
  • Financial Details General Taxes: 1500.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1700.0
  • School Taxes Description: Estimated
  • Lot Size: 3,465 SF
  • New Construction: No
  • Parking Features Parking Total: 6.0
  • Possession Possession Legacy: TBD
  • Sale Detail Seller Contribution: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2260.0
  • Full Basement: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Aluminum Siding
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • Property Detail:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Laundry Features: None
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Parcel #: 421500 49.31-3-60

Multi Family

  • Insurance Expense: 450.0

Tax Info

  • Tax Annual Amount: 3200.0
  • Tax Block: 3
  • Tax Lot: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Cobb Rawatie
Bought by
Jameel Bibi Hafeeza
Current Estimated Value
$279,143

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 17, 2016
Sold by
Sauter Marianne M
Bought by
Cobb Rawatie
Seller's Agent
David Brown
Hunt ERA
Buyer's Agent
David Schrepper
Yankee Realty Inc
List Price
$35,000
Sold Price
$32,000
Premium/Discount to List
-$3,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.40%

Purchase Details

Closed on
Nov 24, 1993
Sold by
Cooper Deanna E
Bought by
Sauter Marianne M
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
Jameel Bibi Hafeeza $125,000 --
Cobb Rawatie $32,000 None Available
Sauter Marianne M $54,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $32,000 -8.6% $14 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $35,000 -- $15 / 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 $4,385 $64,000 $9,600 $54,400
2023 $42 $64,000 $9,600 $54,400
2022 $4,063 $64,000 $9,600 $54,400
2021 $4,025 $64,000 $9,600 $54,400
2020 $3,944 $64,000 $9,600 $54,400
2019 $2,618 $64,000 $9,600 $54,400
2018 $3,976 $64,000 $9,600 $54,400
2017 $3,228 $64,000 $9,600 $54,400
2016 $4,047 $64,000 $9,600 $54,400
2015 -- $64,000 $9,600 $54,400
2014 -- $64,000 $9,600 $54,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Brown

    Hunt ERA

  • D

    Buyer's Agent in 2016

    David Schrepper

    Yankee Realty Inc

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Map

Source: Global MLS

MLS Number: 201609967

Global MLS

APN: 049-031-0003-060-000-0000

New York Schenectady County Schenectady 12307 Hamilton Hill

517 Summit Ave, Schenectady, NY

Not Listed for Sale

MultiFamily

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