$32,000
SOLD JUN 24, 2016

517 Summit Ave Schenectady, NY 12307

Hamilton Hill Neighborhood
6 Beds
2 Baths
2,260 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$14 Per Sq Ft

9% Below List Price

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

Howard Hanna Capital, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

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
  • Tax Tract: 49.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Cobb Rawatie
Bought by
Jameel Bibi Hafeeza

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
Howard Hanna Capital, 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
23.05%

Purchase Details

Closed on
Nov 24, 1993
Sold by
Cooper Deanna E
Bought by
Sauter Marianne M
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $125,000 --
Warranty Deed $32,000 None Available
Deed $54,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $359,900 +1024.7% $159 / 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 $4,232 $64,000 $9,600 $54,400
2023 $4,232 $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

  • Tauseef Baksh

    Seller's Agent in 2025

    Tauseef Baksh

    Berkshire Hathaway HomeServices Blake, REALTORS

    (518) 598-7020

    5 in this area

    72 Total Sales

    Tauseef Baksh
    Section Image

  • D

    Seller's Agent in 2016

    David Brown

    Hunt ERA

  • D

    Buyer's Agent in 2016

    David Schrepper

    Howard Hanna Capital, Inc.

See All Agents

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

This home is located at 517 Summit Ave, Schenectady, NY 12307 and is currently priced at $32,000, approximately $14 per square foot. This property was built in 1905. 517 Summit Ave is a home located in Schenectady County with nearby schools including Van Corlaer Elementary School, Mont Pleasant Middle School, and Schenectady High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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