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1117 Palmer Avenue

1117 Palmer Avenue, Schenectady, NY 12309
Multifamily in Niskayuna
Sold Apr 17, 2006
$130,000
$100,500 by Ballston Spa National Bank
Mortgage Due May 01, 2036
Sold Feb 06, 2004
$95,000
1117 Palmer Avenue has been categorized by the local assessors in Schenectady, NY as a residential type of property. The building on the property was first built in 1888 and is 136 years old. However, we must point out that the home was most recently renovated and altered in 1930. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1117 Palmer Avenue has 1,291 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 6,534 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 361 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1117 Palmer Avenue was last sold in Apr 13, 2006 for $130,000. According to our calculations, that's $100.70 per sqft. Prior to that sales transaction, the property was sold for $95,000 in Feb 3, 2004. Current property owners are expected to pay $7,306 in taxes per year. The property on 1117 Palmer Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $160,000. To break that down further, the land itself was valued at $30,000. While improvements to the property were assessed at a total of $130,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1930
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 361
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,291
  • Gross Building Area: 1,291
  • Building Area: 1,291
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,291
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: UNION PLOT BELONGING TO AMOS GATES
  • Land Acres: 0.15
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : LOUKES KERBY N
  • Previous Owner : WHEELER THOMAS W
  • Owner Before Previous Owner: GERARDI LISA A

Neighborhood

  • School District Name: Niskayuna Central School District
  • School Tax School District: NISKAYUNA
  • Census Tract: 032000

Zoning

  • Zoning: R2

Geography

  • District: 422400
  • Section: 50.06
  • Parcel: 422400 50.6-2-42
  • Block: 2
  • Lot: 42.000
  • Municipality: NISKAYUNA
  • Latitude: 42.8066
  • Longitude: -73.8984

    Address

  • Full Address: 1117 Palmer Ave
  • Address - House Number: 1117
  • Address - Street Name: Palmer
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C024
  • 4-Digit Zip Code: 5812
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,306
  • Tax Rate Code Area: 422401

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 601,857
  • High Value: 877,608
  • Low Value: 326,105

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $115,073
  • First Open Lien Mortgage Lender: BALLSTON SPA NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 17, 2006
  • First Open Lien Mortgage Loan Amount: $100,500
  • 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: May 01, 2036
  • Second Open Lien Mortgage Lender: BALLSTON SPA NATIONALBANK
  • Second Open Lien Mortgage Recording Date: Apr 17, 2006
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2036
  • Third Open Lien Mortgage Lender: BALLSTON SPA NATIONAL BANK
  • Third Open Lien Mortgage Recording Date: May 29, 2015
  • Third Open Lien Mortgage Loan Amount: $4,573
  • Third Open Lien Mortgage Term: 180
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Jun 01, 2030

    Market Valuation

  • Market Total Value: $202,500
  • Market Land Value: $37,969
  • Market Improvement Value: $164,531

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,000
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $130,000

    Sales

  • Current Sale Contract Date: Apr 13, 2006
  • Current Sale Recording Date: Apr 17, 2006
  • Current Sale Transaction ID: 1195656833
  • Current Sale Price: $130,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 06, 2004
  • Previous Sale Contract Date: Feb 03, 2004
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BALLSTON SPA NATIONAL BANK
  • First Mortgage Transaction Date: Apr 17, 2006
  • First Mortgage Loan Amount: $100,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036
  • Second Mortgage Lender: BALLSTON SPA NATIONALBANK
  • Second Mortgage Transaction Date: Apr 17, 2006
  • Second Mortgage Loan Amount: $10,000
  • Second Mortgage Terms: 120
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Apr 13, 2016

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Frequently Asked Questions

What neighborhood is 1117 Palmer Avenue located in?
The 1117 Palmer Avenue is a multifamily located in the neighborhood of Niskayuna in Niskayuna, Schenectady.
What is the average sales price for listings in 1117 Palmer Avenue?
The average sales price for units in 1117 Palmer Avenue is $0 currently.

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