NOT LISTED FOR SALE

538 Summit Ave Schenectady, NY 12307

Hamilton Hill Neighborhood

Estimated Value: $54,908 - $307,000

7 Beds
2 Baths
2,460 Sq Ft
$81/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $38,000 $15 Per Sq Ft

Est. 422% increase in value since last sale

Current estimated payment $1,415/month

71 Days on Market

Highlights

  • Traditional Architecture
  • Wood Siding
  • No Heating
  • No HOA

About This Home

As of December 2020

City of Schenectady Owned Property. Code estimate 26,000. Sold as-is. Two family property that needs TLC to bring it back to life! Up/Down Duplex. Each unit can be 3 bedroom, 1 bath.

Last Agent to Sell the Property

Elizabeth Harding

eXp Realty License #10401339253 Listed on: 07/15/2020

Co-Listed By

Brian Brosen

eXp Realty License #30BR1036326

Last Buyer's Agent

Riana Piccirillo-Delgado

KW Platform

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,138

Home Design

  • 2,460 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Wood Siding

Additional Features

  • Lot Dimensions are 33x125
  • No Heating
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / 2
  • Assessor Parcel Number 421500 49.31-2-14

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Directions: Hamilton to Summit, house is on the right before the curve.
  • Above Grade Finished Sq Ft: 2460.0
  • Architectural Style: Traditional
  • Lot Size: 33x125
  • New Construction: No
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o2849A
  • Co List Office Phone: 888-276-0630
  • Architectural Style:Traditional: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Living Area: 2460.0
  • Basement:Unfinished: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: None
  • Water Source: Public
  • Heating Yn: No
  • Heating:None14: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Parcel #: 421500 49.31-2-14

Tax Info

  • Tax Annual Amount: 2500.0
  • Tax Block: 2
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Dec 21, 2020
Sold by
The City Of Schenectady
Bought by
Bholai Bisham and Persaud Meena
Seller's Agent
Elizabeth Harding
eXp Realty
Buyer's Agent
Riana Piccirillo-Delgado
KW Platform
List Price
$41,700
Sold Price
$38,000
Premium/Discount to List
-$3,700
-8.87%
Current Estimated Value
$198,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,477
Avg. Annual Appreciation
38.82%
Original Mortgage
$20,000
Outstanding Balance
$17,838
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$180,639

Purchase Details

Closed on
Mar 6, 2019
Sold by
The City Of Schenectade
Bought by
The Schenectady Urban Renewal Agency

Purchase Details

Closed on
Aug 21, 2008
Sold by
Drexler Karl F
Bought by
Drexler Karl F
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
Bholai Bisham $38,000 Legacy Title Services Inc
The City Of Schenectady -- Legacy Title Services Inc
The Schenectady Urban Renewal Agency -- None Available
Drexler Karl F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bholai Bisham $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $38,000 -8.9% $15 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $41,700 -- $17 / 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 $4,536 $67,700 $10,200 $57,500
2023 $44 $67,700 $10,200 $57,500
2022 $4,214 $67,700 $10,200 $57,500
2021 $6,305 $67,700 $10,200 $57,500
2020 $906 $67,700 $10,200 $57,500
2019 $906 $67,700 $10,200 $57,500
2018 $2,342 $67,700 $10,200 $57,500
2017 $3,389 $67,700 $10,200 $57,500
2016 $4,204 $67,700 $10,200 $57,500
2015 -- $67,700 $10,200 $57,500
2014 -- $67,700 $10,200 $57,500
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Elizabeth Harding

    eXp Realty

  • Brian Brosen

    Seller Co-Listing Agent in 2020

    Brian Brosen

    eXp Realty

    (518) 669-2633

    141 Total Sales

    Brian Brosen
    Section Image

  • R

    Buyer's Agent in 2020

    Riana Piccirillo-Delgado

    KW Platform

  • R

    Buyer's Agent in 2020

    Riana Piccirillo-Delgad

    Romeo Team Realty

    Section Image

  • N

    Buyer Co-Listing Agent in 2020

    Nathan Dortch

    Yankee Realty Inc

See All Agents

Map

Source: Global MLS

MLS Number: 202022659

Global MLS

APN: 049-031-0002-014-000-0000

New York Schenectady County Schenectady 12307 Hamilton Hill

538 Summit Ave, Schenectady, NY

Not Listed for Sale

MultiFamily

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