NOT LISTED FOR SALE

531 Florence St Schenectady, NY 12308

Estimated Value: $201,001 - $227,000

4 Beds
2 Baths
2,024 Sq Ft
$107/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $86,500 $43 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,573/month

2 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Heating System Uses Steam
  • Wood Flooring
  • Porch
  • Wood Siding

About This Home

As of March 2021

Fantastic 2 family in Schenectady Ready to Occupy or Invest! Each unit has 2 bedrooms and 1 full bath, range w/oven, refrigerator and washer and dryer in each apt. Hardwood flooring, spacious eat-in-kitchens as well as formal dining rooms. Separate utilities for each unit, updated electrical services in both units, hot water radiator heating and slate roof maintained annually. Excellent value for an owner occupy or positive cash flow for the investor. Full Attic, walk-out basement and off street parking. Excellent Condition

Last Agent to Sell the Property

Christine Serafini

Miranda Real Estate Group Inc License #40SE0980789 Listed on: 01/28/2021

Last Buyer's Agent

Christine Serafini

Miranda Real Estate Group Inc License #40SE0980789 Listed on: 01/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,552

Year Built

  • Built in 1917

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 49.5x104.7

Home Design

  • Duplex
  • Traditional Architecture
  • Slate Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2,024 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Wood
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity
  • Legal Lot and Block 46 / 2
  • Assessor Parcel Number 421500 39.35-2-46

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,552

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1917
  • Directions: Van Vranken Ave to Florence St
  • Above Grade Finished Sq Ft: 2024.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 2978.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1574.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.12
  • Lot Size: 49.5x104.7
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Possession Possession Legacy: Arranged
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Flooring:Laminate: Yes
  • Laundry Features:Main Level: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Upper Level: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Laminate, Linoleum
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 2024.0
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Aluminum Siding, Wood Siding
  • Patio And Porch Features: Porch
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Natural Gas
  • Laundry Features: Main Level, Upper Level
  • Water Source: Public
  • 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:Built-in Features4: Yes
  • Unit 1 Amenities:Chair Rail2: Yes

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Parcel #: 421500 39.35-2-46
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Electricity

Tax Info

  • Tax Annual Amount: 4552.0
  • Tax Block: 2
  • Tax Lot: 46
  • Tax Tract: 39.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Capital Region Apt Rentals Llc
Bought by
Iyarsami Antonio
Total Days on Market
2
Current Estimated Value
$215,817

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 10, 2021
Sold by
Craig Alyssa D
Bought by
Capital Region Apartment Rentals Llc
Seller's Agent
Christine Serafini
Miranda Real Estate Group Inc
Buyer's Agent
Christine Serafini
Miranda Real Estate Group Inc
List Price
$99,900
Sold Price
$86,500
Premium/Discount to List
-$13,400
-13.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.12%
Original Mortgage
$90,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2007
Sold by
Riley William H
Bought by
Craig Alyssa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,373
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2007
Sold by
Benaquista Emerick Theresa
Bought by
Riley William H

Purchase Details

Closed on
Aug 27, 1999
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Iyarsami Antonio $230,000 None Listed On Document
Capital Region Apartment Rentals Llc $86,500 None Available
Capital Region Apt Rentals Llc $86,500 None Listed On Document
Craig Alyssa D $80,000 James P Craig
Riley William H $41,500 Kevin Tollisen
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capital Region Apartment Renta $271,500
Previous Owner Capital Region Apt Rentals Llc $90,000
Previous Owner Craig Alyssa $198,000
Previous Owner Craig Alyssa D $79,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $86,500 -13.4% $43 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $99,900 -- $49 / 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 $4,761 $76,000 $11,400 $64,600
2023 $4,761 $76,000 $11,400 $64,600
2022 $4,596 $76,000 $11,400 $64,600
2021 $3,804 $76,000 $11,400 $64,600
2020 $4,470 $76,000 $11,400 $64,600
2019 $2,895 $76,000 $11,400 $64,600
2018 $4,507 $76,000 $11,400 $64,600
2017 $3,750 $76,000 $11,400 $64,600
2016 $4,596 $76,000 $11,400 $64,600
2015 -- $76,000 $11,400 $64,600
2014 -- $76,000 $11,400 $64,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202111395

Global MLS

APN: 039-035-0002-046-000-0000