NOT LISTED FOR SALE

556 Florence St Schenectady, NY 12308

Estimated Value: $178,000 - $222,415

4 Beds
2 Baths
1,320 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $12,000 $9 Per Sq Ft

Est. 1,643% increase in value since last sale

Current estimated payment $1,376/month

430 Days on Market

Highlights

  • Full Attic
  • Hot Water Heating System
  • Level Lot
  • No HOA

About This Home

As of June 2020

2-family near Union College, Steinmetz Park and Casino. City of Schenectady owned property. Buyer needs to provide financial information and sign use agreement. Call LA for details. Code renovation $35,000. Use caution when entering and viewing the property. Fair Condition

Last Listed By

Deborah Fontes

Miranda Real Estate Group Inc Listed on: 11/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,346

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 33 x 100
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,320 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Full Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 37 / 2
  • Assessor Parcel Number 421500 39.35-2-37

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,346

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1920
  • Directions: Van Vranken to Florence
  • Above Grade Finished Sq Ft: 1320.0
  • Architectural Style: Duplex-Over/Under
  • Lot Size: 33 x 100
  • New Construction: No
  • Parking Features Parking Total: 1.0
  • Possession Possession Legacy: TBD
  • Sale Detail Seller Contribution: No
  • Subdivision Name: Union College
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 1320.0
  • Full Basement: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • 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

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level
  • Parcel #: 421500 39.35-2-37

Tax Info

  • Tax Block: 2
  • Tax Lot: 37
  • Tax Tract: 39.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2022
Sold by
Tzvi Epstein
Bought by
556 Florence Llc
Total Days on Market
430
Current Estimated Value
$209,104

Purchase Details

Closed on
Oct 13, 2021
Sold by
556 Florence Llc
Bought by
Epstein Tzvi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2021
Sold by
Alekseyeva Farzana A
Bought by
556 Florence Llc

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jun 19, 2020
Sold by
The City Of Schenectady
Bought by
Alekseyeva Farzana A
Seller's Agent
Deborah Fontes
Miranda Real Estate Group Inc
Buyer's Agent
Susan Lansley
Olmstead Real Estate Grp Inc
List Price
$20,000
Sold Price
$12,000
Premium/Discount to List
-$8,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.49%

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
Sep 3, 2002
Sold by
Bank One
Bought by
Blaup Singh Hemant

Purchase Details

Closed on
Aug 24, 1999
Sold by
Marotta Ernest and Marotta Nancy
Bought by
Price Robert Gary

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
556 Florence Llc -- None Listed On Document
556 Florence Llc -- None Listed On Document
Epstein Tzvi -- St
Epstein Tzvi -- None Listed On Document
556 Florence Llc $130,000 Select Title Agency Llc
556 Florence Llc $130,000 Select Title
Alekseyeva Farzana A $12,000 None Available
The Schenectady Urban Renewal Agency -- None Available
City Of Schenectady $500 None Available
Blaup Singh Hemant $32,000 Charles B. Rosenstein
Price Robert Gary $55,000 Paul V Sciocchetti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Epstein Tzvi $101,500
Previous Owner Epstein Tzvi $10,100
Previous Owner Edwards Hilary $71,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $12,000 -40.0% $9 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $20,000 +66.7% $15 / Sq Ft
11/08/2019 11/08/19 Off Market $12,000 -- --
11/09/2018 11/09/18 For Sale $20,000 -- $15 / 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 $7,346 $141,500 $9,900 $131,600
2023 $7,346 $141,500 $9,900 $131,600
2022 $7,245 $141,500 $9,900 $131,600
2021 $8,565 $141,500 $9,900 $131,600
2020 $906 $65,900 $9,900 $56,000
2019 $906 $65,900 $9,900 $56,000
2018 $2,304 $65,900 $9,900 $56,000
2017 $3,311 $65,900 $9,900 $56,000
2016 $4,428 $65,900 $9,900 $56,000
2015 -- $65,900 $9,900 $56,000
2014 -- $65,900 $9,900 $56,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Similar Homes in Schenectady, NY

  • 555 Florence St, Schenectady, NY 12308

    $245,000

    • 4 Beds
    • 2 Baths
    • 1,824 Sq Ft
    • 555 Florence St
    • Schenectady, NY

    Great opportunity to owner occupy and/or add to your rental property portfolio. Recently updated two unit on double lot offering large back yard for your enjoyment and multiple spaces for off-street parking. First floor unit recently vacant. The property has been owner occupied since 2006 and has been maintained accordingly. Each unit contains two beds/one bathroom with working kitchen, and

    Lorenzo Murray Hunt ERA

    Section Image
  • 1320 4th Ave, Schenectady, NY 12303

    $244,999

    • 4 Beds
    • 2 Baths
    • 1,564 Sq Ft
    • 1320 4th Ave
    • Schenectady, NY

    Great opportunity to own this two-family house in the heart of Schenectady. Updates everywhere including a new roof and siding on the outside. The first floor 2 bedroom has new floors throughout, new kitchen and bath, laundry room and a back deck overlooking a yard with tons of potential. The second floor with updates in the kitchen, hardwood floors, and a nice front deck overlooking outside.

    Stephen McCormick Empire Real Estate Mgmt, LLC

    Section Image
  • 1549 Chrisler Ave, Schenectady, NY 12303

    $169,900

    • 6 Beds
    • 2 Baths
    • 2,400 Sq Ft
    • 1549 Chrisler Ave
    • Schenectady, NY

    MULTIPLE OFFERS: BEST & FINAL DUE MONDAY, MARCH 17TH AT 12PM. Spacious 2 unit with 3 bedrooms & 1 bath on each floor. Large attic and basement with HVAC, separate gas water heaters and electric. Generous size bedrooms and common areas. Mostly hardwood floors and carpet throughout. Maximize income potential based upon the updates you choose. Off-street parking. Located on public transportation bus

    Lorenzo Murray Hunt ERA

    Section Image
  • 1071 Cutler St, Schenectady, NY 12303

    $150,000

    • 5 Beds
    • 2 Baths
    • 1,480 Sq Ft
    • 1071 Cutler St
    • Schenectady, NY

    Welcome to this promising rehab property, fully vacant, located in Schenectady, NY! This spacious home features 5 bedrooms and 2 bathrooms, offering ample space for families or potential tenants. While the property does require a full clean-out and renovations, it presents an incredible investment opportunity for those looking to add value and create their dream home or rental property. No access

    Sharon Phanisnaraine Monticello L.R.E.B.

    Section Image
  • 2034 Avenue A, Schenectady, NY 12308

    $199,000

    • 4 Beds
    • 2 Baths
    • 1,440 Sq Ft
    • 2034 Avenue A
    • Schenectady, NY

    Affordable 2-Family 2/2 Bedrooms private driveway, long term tenants. Great upside in today's market! Lets Talk! Call to view!

    Subhash Sukhram Buy N Sell Realty Inc

    Section Image
  • 829 Salina St, Schenectady, NY 12308

    $229,000

    • 4 Beds
    • 2 Baths
    • 2,352 Sq Ft
    • 829 Salina St
    • Schenectady, NY

    Spacious 2 Family home with off street parking and separate utilities. Each unit is in move in condition. Large living room, dining area, kitchen, full bath and 2 bedrooms in each flat. Perfect for investors or to move in one unit and have tenants help to pay mortgage!

    Kate Morrell Morrell Real Estate

    Section Image
  • 1720 Foster Ave, Schenectady, NY 12308

    $200,000

    • 5 Beds
    • 2 Baths
    • 1,888 Sq Ft
    • 1720 Foster Ave
    • Schenectady, NY

    Fantastic opportunity in Schenectady! This well-maintained two-family property offers a total of 1,888 square feet and is perfect for owner-occupants or investors alike. Each unit features functional bedrooms and one full bath, with bright, open living spaces and updated finishes throughout. The property includes separate utilities and a full basement. Conveniently located near Rivers Casino,

    Nate Monson Miuccio Real Estate Group

    Section Image
  • 1643 van Vranken Ave, Schenectady, NY 12308

    $224,000

    • 6 Beds
    • 3 Baths
    • 2,040 Sq Ft
    • 1643 van Vranken Ave
    • Schenectady, NY

    Absolute money maker! Stone throw away from Union College sits this 5-bedroom, 3 full bathroom duplex. Each unit is very spacious. 2nd floor unit has access to the fully finished attic which has its own bathroom! Solid brick rental in a highly desirable location! Add it to your portfolio today!

    Steve King Venture Realty Partners

    Section Image
  • 1604 Carrie St, Schenectady, NY 12308

    $250,000

    • 6 Beds
    • 2 Baths
    • 2,261 Sq Ft
    • 1604 Carrie St
    • Schenectady, NY

    Multiple offers have been received. Seller is asking for Highest & Best by Tuesday at 12pm. Very well maintained 2 family conveniently located near Casino, Hotels, Union College, shopping, places of worship, etc. New since 2018 - Roof, Windows, Paved Driveway, Heating System, HW Heaters, Plumbing, Electrical, Laundry Hook-ups in Basement, Kitchens, Bathrooms, Flooring. Fully occupied with

    M Bridgette Frankow-Mucha KW Platform

    Section Image

Source: Global MLS

MLS Number: 201833449

Global MLS

APN: 039-035-0002-037-000-0000