NOT LISTED FOR SALE

556 Florence St Schenectady, NY 12308

Estimated Value: $249,000 - $269,000

4 Beds
2 Baths
1,320 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $12,000 $9 Per Sq Ft

Est. 2,043% increase in value since last sale

Current estimated payment $2,010/month

430 Days on Market

Highlights

  • Full Attic
  • Hot Water Heating System
  • Level Lot
  • No HOA

About This Home

As of June 2020

2-family near Union College, Steinmetz Park and Casino. City of Schenectady owned property. Buyer needs to provide financial information and sign use agreement. Call LA for details. Code renovation $35,000. Use caution when entering and viewing the property. Fair Condition

Last Agent to Sell the Property

Deborah Fontes

Miranda Real Estate Group Inc Listed on: 11/15/2019

Last Buyer's Agent

Susan Lansley

Olmstead Real Estate Grp Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,346

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 33 x 100
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,320 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Full Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 37 / 2
  • Assessor Parcel Number 421500 39.35-2-37

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,346

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1920
  • Directions: Van Vranken to Florence
  • Above Grade Finished Sq Ft: 1320.0
  • Architectural Style: Duplex-Over/Under
  • Lot Size: 33 x 100
  • New Construction: No
  • Parking Features Parking Total: 1.0
  • Possession Possession Legacy: TBD
  • Sale Detail Seller Contribution: No
  • Subdivision Name: Union College
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 1320.0
  • Full Basement: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: 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: Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: 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

  • Lot Features: Level
  • Parcel #: 421500 39.35-2-37

Tax Info

  • Tax Block: 2
  • Tax Lot: 37
  • Tax Tract: 39.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2022
Sold by
Tzvi Epstein
Bought by
556 Florence Llc
Current Estimated Value
$257,160

Purchase Details

Closed on
Oct 13, 2021
Sold by
556 Florence Llc
Bought by
Epstein Tzvi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2021
Sold by
Alekseyeva Farzana A
Bought by
556 Florence Llc

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jun 19, 2020
Sold by
The City Of Schenectady
Bought by
Alekseyeva Farzana A
Seller's Agent
Deborah Fontes
Miranda Real Estate Group Inc
Buyer's Agent
Susan Lansley
Olmstead Real Estate Grp Inc
List Price
$20,000
Sold Price
$12,000
Premium/Discount to List
-$8,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.08%

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 22, 2018
Sold by
Ferrari Anthony
Bought by
City Of Schenectady

Purchase Details

Closed on
Sep 3, 2002
Sold by
Bank One
Bought by
Blaup Singh Hemant

Purchase Details

Closed on
Aug 24, 1999
Sold by
Marotta Ernest and Marotta Nancy
Bought by
Price Robert Gary
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 Buyer Sale Price Title Company
556 Florence Llc -- None Listed On Document
556 Florence Llc -- None Listed On Document
Epstein Tzvi -- St
Epstein Tzvi -- None Listed On Document
556 Florence Llc $130,000 Select Title Agency Llc
556 Florence Llc $130,000 Select Title
Alekseyeva Farzana A $12,000 None Available
The Schenectady Urban Renewal Agency -- None Available
City Of Schenectady $500 None Available
Blaup Singh Hemant $32,000 Charles B. Rosenstein
Price Robert Gary $55,000 Paul V Sciocchetti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Epstein Tzvi $101,500
Previous Owner Epstein Tzvi $10,100
Previous Owner Edwards Hilary $71,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $12,000 -40.0% $9 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $20,000 +66.7% $15 / Sq Ft
11/08/2019 11/08/19 Off Market $12,000 -- --
11/09/2018 11/09/18 For Sale $20,000 -- $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 $7,346 $141,500 $9,900 $131,600
2023 $7,346 $141,500 $9,900 $131,600
2022 $7,245 $141,500 $9,900 $131,600
2021 $8,565 $141,500 $9,900 $131,600
2020 $906 $65,900 $9,900 $56,000
2019 $906 $65,900 $9,900 $56,000
2018 $2,304 $65,900 $9,900 $56,000
2017 $3,311 $65,900 $9,900 $56,000
2016 $4,428 $65,900 $9,900 $56,000
2015 -- $65,900 $9,900 $56,000
2014 -- $65,900 $9,900 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201833449

Global MLS

APN: 039-035-0002-037-000-0000