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1072 Lexington Avenue

1072 Lexington Avenue, Schenectady, NY 12309
House in Schenectady
Sold Sep 01, 2021
$210,000
$168,000 by Homestead Funding Corp
Mortgage Due Sep 01, 2051
Sold Nov 28, 2017
$117,000
$114,782 by Homestead Funding Corp
Mortgage Due Dec 01, 2047
Local assessors in Schenectady, NY have categorized 1072 Lexington Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1072 Lexington Avenue has a total of 1,524 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 247 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1072 Lexington Avenue sold most recently in Aug 31, 2021 for a total of $210,000. If you work out the math, that's approximately a cost of $137.80 per sqft. Before that, the property was also sold for $117,000 in Nov 22, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,116 in taxes each year. 1072 Lexington Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $127,000. If we break it down further, the land itself was valued at $19,100. Improvements to the property, however, were assessed at a total of $107,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 247
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,524
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLIAM GINIECKI
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1X WOOD AND GARAGE

Ownership

  • Current Owner : HUSSAIN SHAWN
  • Previous Owner : LICHORAT SPENCER E
  • Previous Owner 2: SHOEMAKER DESMIN N
  • Owner Before Previous Owner: GRECO JANET A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 020500

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 421500
  • Section: 50.22
  • Parcel: 421500 50.22-2-9
  • Block: 2
  • Lot: 9.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8078
  • Longitude: -73.9068

    Address

  • Full Address: 1072 Lexington Ave
  • Address - House Number: 1072
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C006
  • 4-Digit Zip Code: 5602
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,116
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 225,326
  • High Value: 278,218
  • Low Value: 172,434

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,000
  • First Open Lien Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Open Lien Mortgage Recording Date: Sep 01, 2021
  • First Open Lien Mortgage Loan Amount: $168,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $160,759
  • Market Land Value: $24,177
  • Market Improvement Value: $136,582

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,000
  • Assessed Land Value: $19,100
  • Assessed Improvements Value: $107,900

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Transaction ID: 11854176011
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202143236
  • Previous Sale Recording Date: Nov 28, 2017
  • Previous Sale Contract Date: Nov 22, 2017
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Mortgage Transaction Date: Sep 01, 2021
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTEAD FUNDING CORP
  • Previous Mortgage Transaction Date: Nov 28, 2017
  • Previous Mortgage Loan Amount: $114,782
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2047

About Schenectady



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Frequently Asked Questions

What neighborhood is 1072 Lexington Avenue located in?
The 1072 Lexington Avenue is a house located in the neighborhood of Schenectady in Schenectady, Schenectady.
What is the average sales price for listings in 1072 Lexington Avenue?
The average sales price for units in 1072 Lexington Avenue is $0 currently.

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