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116 Swan Street

116 Swan Street, Schenectady, NY 12302
House in Glenville
Sold Jan 21, 2021
$185,000
$189,152 by Premium Mortgage Corp
Mortgage Due Feb 01, 2051
Sold Apr 09, 2018
$175,000
$171,830 by Homestead Funding Corp
Mortgage Due May 01, 2048
116 Swan Street 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 1925 and is 99 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 116 Swan Street has 1,400 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 1,000 ft and across the front of the lot is 495 ft. The area measurement of the land has been determined as 4,950 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. 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 good. 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 alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system 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. 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, 116 Swan Street sold most recently in Jan 4, 2021 for a total of $185,000. If you work out the math, that's approximately a cost of $132.14 per sqft. Before that, the property was also sold for $175,000 in Apr 6, 2018. 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 $6,597 in taxes each year. 116 Swan Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $145,000. If we break it down further, the land itself was valued at $16,100. Improvements to the property, however, were assessed at a total of $128,900. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,950
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 495
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,400
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SCOTIA HIGHLANDS
  • Land Acres: 0.113
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SCOTIA HIGHLANDS ADD=1 L1 HLG

Ownership

  • Current Owner : GIBSON LUKE LANDON
  • Current Owner 2: GIBSON ERIN KATHLEEN
  • Previous Owner : YOUNG SEAN P
  • Previous Owner 2: DECKER VICTORIA
  • Owner Before Previous Owner: BV HOMES OF ALBANY INC
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 19, 2024

Neighborhood

  • School District Name: Scotia-Glenville Central School District
  • School Tax School District: SCOTIA-GLENVILL
  • Census Tract: 032300

Zoning

  • Zoning: RES

Geography

  • Account Number: A11103
  • District: 422201
  • Section: 38.26
  • Parcel: 422201 38.26-2-19
  • Block: 2
  • Lot: 19.000
  • Municipality: SCOTIA
  • Latitude: 42.8315
  • Longitude: -73.9722

    Address

  • Full Address: 116 Swan St
  • Address - House Number: 116
  • Address - Street Name: Swan
  • Address - Suffix Type: St
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C004
  • 4-Digit Zip Code: 1516
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,597
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.2407
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 254,516
  • High Value: 315,782
  • Low Value: 193,249

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,152
  • First Open Lien Mortgage Lender: PREMIUM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 21, 2021
  • First Open Lien Mortgage Loan Amount: $189,152
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $213,235
  • Market Land Value: $23,676
  • Market Improvement Value: $189,559

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,000
  • Assessed Land Value: $16,100
  • Assessed Improvements Value: $128,900

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Jan 21, 2021
  • Current Sale Transaction ID: 11815757587
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202102718
  • Previous Sale Recording Date: Apr 09, 2018
  • Previous Sale Contract Date: Apr 06, 2018
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIUM MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 21, 2021
  • First Mortgage Loan Amount: $189,152
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTEAD FUNDING CORP
  • Previous Mortgage Transaction Date: Apr 09, 2018
  • Previous Mortgage Loan Amount: $171,830
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2048

About Scotia



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 116 Swan Street located in?
The 116 Swan Street is a house located in the neighborhood of Glenville in Scotia, Schenectady.
What is the average sales price for listings in 116 Swan Street?
The average sales price for units in 116 Swan Street is $184,900 , or $132/sqft. currently.

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