S
Seller's Agent in 2014
Shane Mahar
Field Realty
862 Albany St Schenectady, NY 12307
Hamilton Hill NeighborhoodEstimated Value: $497,734
--
Bed
4
Baths
5,836
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Senior Community
- Central Air
- Heating System Uses Steam
- No HOA
- Baseboard Heating
About This Home
As of June 2014Owner is moving out of area. Gross Yearly Income is $50,100. Building is 8 units; 7 apartments and 1 store/mini-market. Store has 15 years left on lease. All units are occupied except one which is currently being used as the owner's storage and will be ready to rent by sale. Rents are under market value. 21.2% cap rate at current rents. Parking in rear.
Last Agent to Sell the Property
Shane Mahar
Field Realty Listed on: 02/21/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 6,534 Sq Ft Lot
Home Design
- Rubber Roof
Interior Spaces
- 5,836 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
- Baseboard Heating
- Electric Baseboard Heater
- Heating System Uses Steam
Community Details
- Senior Community
- No Home Owners Association
Listing and Financial Details
- The owner pays for trash collection
- Legal Lot and Block 17 / 4
- Assessor Parcel Number 421500 49-4-17
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 29, 2021
Sold by
Rockway Avenue Properties Llc
Bought by
862 864 Realty Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 12, 2015
Sold by
State St Management Llc
Bought by
Rockaway Avenue Properties Llc
Purchase Details
Listed on
Feb 21, 2014
Closed on
Jun 4, 2014
Sold by
Shakoor Michael
Bought by
State St Management Llc
Seller's Agent
Shane Mahar
Field Realty
Buyer's Agent
Shane Mahar
Field Realty
List Price
$199,900
Sold Price
$105,000
Premium/Discount to List
-$94,900
-47.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.86%
Purchase Details
Closed on
Jan 13, 2014
Sold by
Shakoor Michael and Ahmad Mokhtar
Bought by
Shakoor Michael
Purchase Details
Closed on
Apr 29, 2008
Sold by
Kareme Nuralden
Bought by
Shakour Michael
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 862 864 Realty Llc | $400,000 | Shaker Abstract & Title Llc | |
| 862-864 Realty Llc | $400,000 | Shaker Abstract Title | |
| Rockaway Avenue Properties Llc | -- | David Marinucci | |
| Rockaway Avenue Properties Llc | -- | None Available | |
| State St Management Llc | $105,000 | None Available | |
| Shakoor Michael | -- | None Available | |
| Shakour Michael | $49,500 | Michael Braccini |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | 862-864 Realty Llc | $260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2014 06/04/14 | Sold | $105,000 | -47.5% | $18 / Sq Ft |
| 04/30/2014 04/30/14 | Pending | -- | -- | -- |
| 11/07/2013 11/07/13 | For Sale | $199,900 | -- | $34 / Sq Ft |
Source: Global MLS
Tax History Compared to Growth
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 | $6,647 | $164,200 | $20,300 | $143,900 |
| 2023 | $6,647 | $164,200 | $20,300 | $143,900 |
| 2022 | $6,794 | $164,200 | $20,300 | $143,900 |
| 2021 | $6,726 | $164,200 | $20,300 | $143,900 |
| 2020 | $6,647 | $164,200 | $20,300 | $143,900 |
| 2019 | $3,244 | $164,200 | $20,300 | $143,900 |
| 2018 | $6,728 | $164,200 | $20,300 | $143,900 |
| 2017 | $7,133 | $164,200 | $20,300 | $143,900 |
| 2016 | $9,071 | $164,200 | $20,300 | $143,900 |
| 2015 | -- | $164,200 | $20,300 | $143,900 |
| 2014 | -- | $164,200 | $20,300 | $143,900 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Global MLS
MLS Number: 201402793
APN: 049-033-0004-017-000-0000
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