NOT LISTED FOR SALE

708 Penney Ln Schenectady, NY 12303

Estimated Value: $734,777 - $855,000

4 Beds
3.5 Baths
3,446 Sq Ft
$229/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $547,500 $159 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,304/month

49 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • No HOA
  • Pine Bush Elementary School Rated A-
  • Stone Countertops
  • 5-minute walk to Volunteer Firefighters Memorial Park

About This Home

As of May 2019

Built with upgrades making it better than new construction, this beautifully appointed home has such tasteful decor, reminiscent of a Tuscan villa. Enjoy sunshine streaming through the many windows and take in the serene views of the neighboring Pine Bush preserve. Miles of walking trails and the guarantee that you will never have development across the street, make this location ideal. With a gorgeous chef’s kitchen, large entertaining spaces, an open floor plan, and a sumptuous master suite, you will live the good life here! www.708penneylane.com for more information. Excellent Condition

Last Agent to Sell the Property

Patrick McSharry

McSharry & Assoc. Realty LLC License #10491202783 Listed on: 03/06/2019

Co-Listed By

Julie Sasso

McSharry & Assoc. Realty LLC License #10301214051

Last Buyer's Agent

Robin Golas

North 40 Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,158

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 100 x 153
  • Level Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt

Interior Spaces

  • 3,446 Sq Ft Home
  • Paddle Fans
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Atrium Doors
  • Ceramic Tile Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 125 / 3
  • Assessor Parcel Number 013089 27.11-3-125

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,158

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Directions: Route 146 (Carmen Rd) to Spawn Rd. Left on Timothy Lane to end, left on Penney Lane.
  • Above Grade Finished Sq Ft: 3446.0
  • Architectural Style: Colonial
  • Financial Details General Taxes: 3730.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 9428.0
  • School Taxes Description: With Exemptions
  • Special Assessment Description: basic STAR
  • Lot Size: 100 x 153
  • New Construction: No
  • Parking Features Parking Total: 8.0
  • Possession Possession Legacy: T.B.D.
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o2385A
  • Co List Office Phone: 518-439-3547
  • Garage Yn: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style:Colonial: Yes
  • Percent Basement Finished: Yes
  • Laundry Features:Upper Level: Yes
  • Cooling:Central Air: Yes
  • Appliances Microwave: Yes
  • Flooring:Ceramic Tile: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile
  • Basement: Finished, Full
  • Interior Amenities: High Speed Internet, Paddle Fan, Solid Surface Counters, Eat-in Kitchen
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, See Remarks
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Atrium Door, French Doors
  • Fireplace Features: Bedroom, Family Room, Gas
  • Fireplaces: 2
  • Living Area: 3446.0
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Appliances:Other57: Yes
  • Attic Features:Hatch: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Fireplace Features:Gas2: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Bedroom: Yes
  • Interior Features:Stone Countertops: Yes

Exterior Features

  • Exterior Features: Lighting, Other
  • Roof: Asphalt
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Door Features:French Doors: Yes
  • Door Features:Atrium Door: Yes
  • Lot Features:Sprinklers In Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Attached
  • Attached Garage: Yes
  • Total Parking Spaces: 8.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Level
  • Security: Security System
  • Water Source: Supplemental Well, Public
  • Cooling Y N: Yes
  • 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: Guilderland

Lot Info

  • Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
  • Parcel #: 013089 27.11-3-125

Tax Info

  • Tax Annual Amount: 13158.0
  • Tax Block: 3
  • Tax Lot: 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 28, 2019
Sold by
Palmeri Umberto and Palmeri Donna E
Bought by
Tadros Michael S
Seller's Agent
Patrick McSharry
McSharry & Assoc. Realty LLC
Buyer's Agent
Robin Golas
North 40 Real Estate LLC
List Price
$575,000
Sold Price
$547,500
Premium/Discount to List
-$27,500
-4.78%
Current Estimated Value
$789,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,194
Avg. Annual Appreciation
5.66%
Original Mortgage
$438,000
Interest Rate
4.2%
Mortgage Type
Assumption

Purchase Details

Closed on
Jul 18, 2007
Sold by
Manchester Associates Ltd .
Bought by
Palmeri Umberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tadros Michael S $547,500 None Available
Palmeri Umberto $514,000 Paul Sciocchetti
Palmeri Umberto $514,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tadros Michael S $438,000
Previous Owner Palmeri Umberto $347,000
Previous Owner Palmeri Umberto $347,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $547,500 -4.8% $159 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $575,000 -- $167 / 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 $14,591 $529,000 $106,000 $423,000
2023 $14,155 $529,000 $106,000 $423,000
2022 $13,889 $529,000 $106,000 $423,000
2021 $13,422 $529,000 $106,000 $423,000
2020 $13,189 $529,000 $106,000 $423,000
2019 $11,379 $529,000 $106,000 $423,000
2018 $11,293 $411,200 $82,200 $329,000
2017 $0 $411,200 $82,200 $329,000
2016 $12,617 $411,200 $82,200 $329,000
2015 -- $411,200 $82,200 $329,000
2014 -- $411,200 $82,200 $329,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201913698

Global MLS

APN: 013089-027-011-0003-125-000-0000