NOT LISTED FOR SALE

851 Eastern Ave Schenectady, NY 12308

Estimated Value: $128,855 - $214,000

4 Beds
2 Baths
1,882 Sq Ft
$88/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $45,000 $24 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $1,075/month

83 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Full Attic
  • Window Unit Cooling System
  • Wood Siding

About This Home

As of February 2021

CITY OF SCHENECTADY OWNED PROPERTY: Two family home, in need of TLC to bring it back to its original glory. Cash offers or appropriate rehab loans only accompanied by City Docs and proof of funds totaling purchase offer plus. Buyer responsible to verify taxes. Offers must include MLS contract offer, City Docs, all supporting financial papers and proof of funds. The City will not review offer without all supporting paperwork. Estimated code repair is $32.5k. Fair Condition

Last Agent to Sell the Property

Anthony Denofio

Berkshire Hathaway Home Services Blake License #10301220001 Listed on: 10/02/2020

Berkshire Hathaway Home Services Blake

Co-Listed By

Barry Griggs

Berkshire Hathaway Home Services Blake License #10301218647

Last Buyer's Agent

Jeven Galioto

Amana Real Estate Group License #10401281044

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 33 x 65

Home Design

  • Duplex
  • Wood Siding
  • Aluminum Siding
  • Asphalt

Interior Spaces

  • 1,882 Sq Ft Home
  • Full Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Unfinished Basement

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 45 / 2
  • Assessor Parcel Number 421500 39.83-2-45

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1920
  • Directions: Nott Terrace to Eastern Ave, house is on the left in between Park and Wendell Ave
  • Above Grade Finished Sq Ft: 1882.0
  • Architectural Style: Duplex-Over/Under
  • Lot Size: 33 x 65
  • New Construction: No
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o115A
  • Co List Office Phone: 518-452-4298
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement: Full, Unfinished
  • Total Bedrooms: 4
  • Living Area: 1882.0
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Aluminum Siding, Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: 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 39.83-2-45

Tax Info

  • Tax Annual Amount: 5000.0
  • Tax Block: 2
  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Feb 10, 2021
Sold by
City Of Schenectady
Bought by
Gorman Shane
Seller's Agent
Anthony Denofio
Berkshire Hathaway Home Services Blake
Buyer's Agent
Jeven Galioto
Amana Real Estate Group
List Price
$45,000
Sold Price
$45,000
Current Estimated Value
$164,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,714
Avg. Annual Appreciation
30.18%
Original Mortgage
$66,666
Outstanding Balance
$59,299
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$105,415

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
Feb 28, 2018
Sold by
City Of Schenectady
Bought by
Schenectady Urban Renewal Agency

Purchase Details

Closed on
Dec 27, 2017
Sold by
Finance And Administration
Bought by
The City Of Schenectady

Purchase Details

Closed on
May 30, 2006
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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Purchase History

Date Buyer Sale Price Title Company
Gorman Shane -- Shaker Abstract & Title Llc
City Of Schenectady -- Shaker Abstract & Title Llc
The Schenectady Urban Renewal Agency -- None Available
City Of Schenectady $500 None Available
Schenectady Urban Renewal Agency $500 None Available
The City Of Schenectady $500 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Shane $66,666
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $45,000 0.0% $24 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $45,000 -- $24 / 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 $2,559 $19,400 $3,500 $15,900
2023 $24 $19,400 $3,500 $15,900
2022 $2,231 $19,400 $3,500 $15,900
2021 $2,354 $19,400 $3,500 $15,900
2020 $550 $19,400 $3,500 $15,900
2019 $4,731 $82,100 $12,300 $69,800
2018 $4,731 $82,100 $12,300 $69,800
2017 $4,731 $82,100 $12,300 $69,800
2016 $4,818 $82,100 $12,300 $69,800
2015 -- $82,100 $12,300 $69,800
2014 -- $82,100 $12,300 $69,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anthony Denofio

    Berkshire Hathaway Home Services Blake

    Section Image

  • B

    Seller Co-Listing Agent in 2021

    Barry Griggs

    Berkshire Hathaway Home Services Blake

    (347) 869-1205

    62 Total Sales

    Barry Griggs
    Section Image

  • J

    Buyer's Agent in 2021

    Jeven Galioto

    Amana Real Estate Group

See All Agents

Map

Source: Global MLS

MLS Number: 202029749

Global MLS

APN: 039-083-0002-045-000-0000

New York Schenectady County Schenectady 12307

851 Eastern Ave, Schenectady, NY

Not Listed for Sale

MultiFamily

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