$60,000
SOLD SEP 18, 2020

551 Gerling St Schenectady, NY 12308

3 Beds
1 Bath
1,000 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

8% Below List Price

7 Days on Market

Highlights

  • Full Attic
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • No HOA
  • Bungalow
  • Forced Air Heating System

About This Home

As of April 2021

**Multiple Offers - Please submit best and final by Tues. 7/21 at 8pm**Schenectady bungalow-Fire damage on rear roof/attic area. Many updates-newer electrical, plumbing, and roof. This property is being sold "As is" Cash Only. Excellent opportunity to own an otherwise solid home that needs some work and TLC. Fair Condition

Last Agent to Sell the Property

Vincent F. Padula

Howard Hanna Capital Inc License #10301221160 Listed on: 07/18/2020

Howard Hanna Capital Inc

Last Buyer's Agent

Vincent F. Padula

Howard Hanna Capital Inc License #10301221160 Listed on: 07/18/2020

Howard Hanna Capital Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 36 x 136
  • Level Lot

Home Design

  • Bungalow
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceramic Tile Flooring
  • Full Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Parking Space
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / 4
  • Assessor Parcel Number 421500 39.27-4-9

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Directions: North on Erie Blvd-right on Seneca St. Left on Foster Ave. right on Gerling
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Bungalow
  • Financial Details General Taxes: 2969.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 1941.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.11
  • Lot Size: 36 x 136
  • New Construction: No
  • Parking Features Parking Total: 1.0
  • Possession Possession Legacy: Closing
  • Full Bathroom Level: First
  • Other Room Level: First
  • Sale Detail Seller Contribution: No
  • Appliances Refrigerators: Yes
  • Flooring:Ceramic Tile: Yes
  • Architectural Style:Bungalow: Yes
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Basement: Full
  • Interior Amenities: Eat-in Kitchen
  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1000.0
  • Bedroom Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Full Basement: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Waterfront Features: None
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:None19: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level
  • Parcel #: 421500 39.27-4-9
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4910.0
  • Tax Block: 4
  • Tax Lot: 9
  • Tax Tract: 39.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Apr 21, 2021
Sold by
Ramroop Faneza
Bought by
Hankins Kihra S
Seller's Agent
Tauseef Baksh
Berkshire Hathaway HomeServices Blake, REALTORS
Buyer's Agent
Olantunji Pascal
Gendron's Property Management
List Price
$169,900
Sold Price
$157,500
Premium/Discount to List
-$12,400
-7.3%
Current Estimated Value
$228,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,760
Avg. Annual Appreciation
8.57%
Original Mortgage
$162,011
Outstanding Balance
$147,022
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$79,677

Purchase Details

Listed on
Jul 18, 2020
Closed on
Sep 16, 2020
Sold by
Catenacci Tito
Bought by
Ramroop Faneza
Seller's Agent
Vincent F. Padula
Howard Hanna Capital Inc
Buyer's Agent
Vincent F. Padula
Howard Hanna Capital Inc
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
413.32%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $165,000 Marathon Title Agency
Warranty Deed $165,000 Marathon Title
Warranty Deed $60,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $162,011 New Conventional
Closed $162,011 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $157,500 -4.5% $158 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $164,900 -2.9% $165 / Sq Ft
12/07/2020 12/07/20 For Sale $169,900 +183.2% $170 / Sq Ft
09/18/2020 09/18/20 Sold $60,000 -7.7% $60 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $65,000 -- $65 / 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 $7,140 $150,600 $11,200 $139,400
2023 $7,140 $150,600 $11,200 $139,400
2022 $7,126 $150,600 $11,200 $139,400
2021 $7,087 $150,600 $11,200 $139,400
2020 $4,907 $93,300 $11,200 $82,100
2019 $2,973 $93,300 $11,200 $82,100
2018 $4,953 $93,300 $11,200 $82,100
2017 $4,277 $93,300 $11,200 $82,100
2016 $5,071 $93,300 $11,200 $82,100
2015 -- $93,300 $11,200 $82,100
2014 -- $93,300 $11,200 $82,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202022923

Global MLS

APN: 039-027-0004-009-000-0000