NOT LISTED FOR SALE

722 Rankin Ave Schenectady, NY 12308

Estimated Value: $268,000 - $295,000

6 Beds
2 Baths
2,364 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $170,000 $72 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,096/month

39 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Hot Water Heating System

About This Home

As of June 2021

Two family up and down, perfect for an investment.

Last Agent to Sell the Property

Marshall Morgan

Empire Real Estate Firm LLC License #10401308038 Listed on: 02/15/2021

Last Buyer's Agent

Mark Goodall

Core Real Estate Team License #10301221476

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,493

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 38 x 132

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,364 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Legal Lot and Block 12 / 3
  • Assessor Parcel Number 421500 49.28-3-12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,493

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Directions: Union to Rankin
  • Above Grade Finished Sq Ft: 2364.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details General Taxes: 3915.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2578.0
  • School Taxes Description: Actual
  • Lot Size: 38 x 132
  • New Construction: No
  • Parking Features Parking Total: 5.0
  • Possession Possession Legacy: End of Lease
  • Sale Detail Seller Contribution: No
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2364.0
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 5.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Natural Gas
  • Water Source: Public
  • 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

  • Parcel #: 421500 49.28-3-12

Tax Info

  • Tax Annual Amount: 6493.0
  • Tax Block: 3
  • Tax Lot: 12
  • Tax Tract: 49.28

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Jun 1, 2021
Sold by
Swn Y Nant Llc
Bought by
Lalman Indra Devi and Lalman Deodat
Seller's Agent
Marshall Morgan
Empire Real Estate Firm LLC
Buyer's Agent
Mark Goodall
Core Real Estate Team
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$282,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,877
Avg. Annual Appreciation
10.95%
Original Mortgage
$136,000
Outstanding Balance
$124,464
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$138,539

Purchase Details

Closed on
Sep 28, 2018
Sold by
Jones Robert J
Bought by
Swb Y Nant Llc

Purchase Details

Closed on
Mar 31, 2003
Sold by
Daniels John M
Bought by
Tonas Robert T
Source: Public Records

Range of Values:

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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
Lalman Indra Devi $170,000 Market Title Services Llc
Swb Y Nant Llc -- None Available
Tonas Robert T $89,994 Peter Ford
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lalman Indra Devi $136,000
Closed Lalman Indra Devi $136,000
Previous Owner Jones Robert J $151,399
Previous Owner Jones Robert J $117,807
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $170,000 -5.5% $72 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $179,900 0.0% $76 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/31/2021 01/31/21 For Sale $179,900 -- $76 / 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 $6,659 $124,400 $18,700 $105,700
2023 $6,659 $124,400 $18,700 $105,700
2022 $6,543 $124,400 $18,700 $105,700
2021 $6,467 $124,400 $18,700 $105,700
2020 $6,389 $124,400 $18,700 $105,700
2019 $3,812 $124,400 $18,700 $105,700
2018 $6,451 $124,400 $18,700 $105,700
2017 $5,852 $124,400 $18,700 $105,700
2016 $6,620 $124,400 $18,700 $105,700
2015 -- $124,400 $18,700 $105,700
2014 -- $124,400 $18,700 $105,700
Source: Public Records

Agents Affiliated with this Home

  • Marshall Morgan

    Seller's Agent in 2021

    Marshall Morgan

    Empire Real Estate Firm LLC

    (716) 863-9620

    3 in this area

    201 Total Sales

    Section Image
  • Mark Goodall

    Buyer's Agent in 2021

    Mark Goodall

    Core Real Estate Team

    (518) 577-8039

    8 in this area

    147 Total Sales

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Map

Source: Global MLS

MLS Number: 202111502

Global MLS

APN: 049-028-0003-012-000-0000

New York Schenectady County Schenectady 12308

722 Rankin Ave, Schenectady, NY

This home is located at 722 Rankin Ave, Schenectady, NY 12308 since 15 February 2021 and is currently estimated at $282,877, approximately $119 per square foot. This property was built in 1920. 722 Rankin Ave is a home located in Schenectady County with nearby schools including Howe Elementary School, Oneida Middle School, and Schenectady High School.

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.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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