NOT LISTED FOR SALE

961 University Place Schenectady, NY 12308

Estimated Value: $184,000 - $222,000

6 Beds
2 Baths
1,962 Sq Ft
$105/Sq Ft Est. Value

Last Sold April 20, 2020

Last sale price $95,000 $48 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,549/month

96 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Full Attic
  • Private Lot
  • Wood Flooring
  • No HOA

About This Home

As of April 2020

Not your typical REO property. This one is ready to move in both units. Should be fine with any financing type. Was previously 4 bedrooms flats. It appears someone combined 2 bedrooms in each so you now have a master bedroom plus 2 additional bedrooms in each unit. Utilities were on all the way up until the home was winterized. Buyer to verify any an all information independently. Newer back porch is a plus. Live in one and rent the other to cover most of your mortgage payment. Walk to Union College. A short trip to the vibrant Downtown life. Short Uber over to the Reivers Casino. Easy to show with no notice. Water main may need to be replaced, shut off at street not turning back on. Very Good Condition

Last Agent to Sell the Property

Edward Rosenberg

Gage Realty License #37RO0729370 Listed on: 03/27/2020

Last Buyer's Agent

Kevin Farry

Berkshire Hathaway Blake License #40FAO874211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Private Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Full Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Unfinished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 3 Over 3

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity, gas
  • Legal Lot and Block 34 / 3
  • Assessor Parcel Number 421500 39-3-34

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,154

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1910
  • Directions: IN BETWEEN UNION STREET AND EASTERN AVENUE JUST UP FROM NOTT TERRACE
  • Above Grade Finished Sq Ft: 1962.0
  • Architectural Style: Duplex-Over/Under, Traditional
  • Lot Size Acres: 0.14
  • Lot Size: 6098
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Possession Possession Legacy: CLOSING
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Flooring:Hardwood: Yes
  • Flooring:Wood: Yes
  • Fencing:Fenced: Yes
  • Laundry Features:In Basement: Yes
  • Architectural Style:Traditional: Yes
  • Levels Two: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Hardwood
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 981.0
  • Living Area: 1962.0
  • Full Basement: Yes
  • Attic Features:Storage2: Yes
  • Attic Features:Walk-Up: Yes
  • Attic Features:Floored: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Vinyl Siding
  • Fencing: Fenced
  • Patio And Porch Features: Pressure Treated Deck, Porch, Deck
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Private: Yes
  • Patio And Porch Features:Pressure Treated Deck: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Off Street, Stone, Detached, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Property Detail:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Stone2: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • 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
  • Unit 1 Amenities:Walk-In Closet(s)4: Yes
  • Unit 2 Amenities:Country Kitchen4: Yes
  • Unit 1 Amenities:Country Kitchen3: Yes

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Private
  • Parcel #: 421500 39-3-34
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Electricity, Gas

Tax Info

  • Tax Annual Amount: 4154.0
  • Tax Block: 3
  • Tax Lot: 34
  • Tax Tract: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Apr 13, 2020
Sold by
Central Mortgage Company
Bought by
Bethel Mark
Seller's Agent
Edward Rosenberg
Gage Realty
Buyer's Agent
Edward Rosenberg
Gage Realty
List Price
$104,900
Sold Price
$95,000
Premium/Discount to List
-$9,900
-9.44%
Current Estimated Value
$210,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,584
Avg. Annual Appreciation
14.77%

Purchase Details

Closed on
Jan 19, 2020
Sold by
Leip Cynthia A and Batcher William
Bought by
Arvest Central Mortgage Company

Purchase Details

Closed on
Oct 29, 1993
Sold by
Rainey John C
Bought by
Leip Cynthia A
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
Bethel Mark $95,000 None Available
Arvest Central Mortgage Company $85,500 None Available
Leip Cynthia A $68,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $95,000 -9.4% $48 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $104,900 +10.4% $53 / Sq Ft
03/27/2020 03/27/20 Off Market $95,000 -- --
02/09/2020 02/09/20 Price Changed $104,900 0.0% $53 / Sq Ft
02/09/2020 02/09/20 For Sale $104,900 -4.6% $53 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $110,000 -- $56 / 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 $5,185 $85,300 $12,800 $72,500
2023 $5,185 $85,300 $12,800 $72,500
2022 $4,978 $85,300 $12,800 $72,500
2021 $4,937 $85,300 $12,800 $72,500
2020 $4,846 $85,300 $12,800 $72,500
2019 $3,079 $85,300 $12,800 $72,500
2018 $4,888 $85,300 $12,800 $72,500
2017 $4,154 $85,300 $12,800 $72,500
2016 $4,954 $85,300 $12,800 $72,500
2015 -- $85,300 $12,800 $72,500
2014 -- $85,300 $12,800 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201936717

Global MLS

APN: 039-082-0003-034-000-0000