NOT LISTED FOR SALE

601 Michigan Ave Schenectady, NY 12303

Mont Pleasant Neighborhood

Estimated Value: $197,000 - $291,000

4 Beds
2 Baths
2,232 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $45,000 $20 Per Sq Ft

Est. 427% increase in value since last sale

Current estimated payment $1,719/month

10 Days on Market

About This Home

As of June 2016

Multiple Offers. Bank has verbally accepted highest and best. Bank Owned duplex in Schenectady. Fantastic corner lot provides great potential. Excellent price means terrific income potential! Each unit is 2 bedroom, 1 bathroom. Get it before it's gone! Recommend cash purchase. Buyer's agent to verify all information.

Last Agent to Sell the Property

Mike Towers

KW Platform Listed on: 04/11/2016

Last Buyer's Agent

Jeff Arjune

Better Networking Realty Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,400

Home Design

  • Duplex
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,232 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 17 / 1
  • Assessor Parcel Number 421500 49-1-17

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Directions: From Norwood Ave go South on Chrisler, left on Michigan. Property is on left side, adjacent to Woolsey St.
  • Above Grade Finished Sq Ft: 2232.0
  • Financial Details General Taxes: 2530.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2240.0
  • School Taxes Description: Estimated
  • Lot Size: 4400, 40x110
  • New Construction: No
  • Parking Features Parking Total: 3.0
  • Possession Possession Legacy: At closing
  • Sale Detail Seller Contribution: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 2232.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Other46: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Parcel #: 421500 49-1-17

Tax Info

  • Tax Annual Amount: 4770.0
  • Tax Block: 1
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2017
Sold by
Arjune Realty Inc
Bought by
Ramdeen Savitree and Sahadeo Kedar
Current Estimated Value
$237,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,460
Outstanding Balance
$66,642
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$170,550

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 15, 2016
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Arjune Realty Inc
Seller's Agent
Mike Towers
KW Platform
Buyer's Agent
Jeff Arjune
Better Networking Realty Inc
List Price
$49,000
Sold Price
$45,000
Premium/Discount to List
-$4,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.90%

Purchase Details

Closed on
Mar 22, 2016
Sold by
Thomas Bryan and Thomas Fiona
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Nov 10, 2006
Sold by
Cardella Daniel
Bought by
Thomas Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2002
Sold by
Meyer William A
Bought by
Rampersaud Terry A

Purchase Details

Closed on
Jul 16, 1993
Sold by
Calderon M D
Bought by
Meyer W G
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
Ramdeen Savitree $85,000 None Available
Arjune Realty Inc $45,000 None Available
Wilmington Savings Fund Society Fsb -- Main Street Title Agency Inc
Thomas Bryan $103,000 Stan Skubis
Rampersaud Terry A $57,000 --
Meyer W G $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramdeen Savitree $83,460
Previous Owner Thomas Bryan $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2016 06/27/16 Sold $45,000 -8.2% $20 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $49,000 -- $22 / Sq Ft
Source: Global MLS

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 $5,845 $98,500 $14,800 $83,700
2023 $57 $98,500 $14,800 $83,700
2022 $5,520 $98,500 $14,800 $83,700
2021 $5,478 $98,500 $14,800 $83,700
2020 $5,380 $98,500 $14,800 $83,700
2019 $3,339 $98,500 $14,800 $83,700
2018 $5,429 $98,500 $14,800 $83,700
2017 $4,727 $98,500 $14,800 $83,700
2016 $5,754 $98,500 $14,800 $83,700
2015 -- $98,500 $14,800 $83,700
2014 -- $98,500 $14,800 $83,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mike Towers

    KW Platform

  • J

    Buyer's Agent in 2016

    Jeff Arjune

    Better Networking Realty Inc

See All Agents

Map

Source: Global MLS

MLS Number: 201606651

Global MLS

APN: 049-065-0001-017-000-0000

New York Schenectady County Schenectady 12303 Mont Pleasant

601 Michigan Ave, Schenectady, NY

Not Listed for Sale

MultiFamily

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.

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Information is deemed reliable but not guaranteed.



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