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1551 Broadway

1551 Broadway, Rensselaer, NY 12144
Property in Rensselaer
Sold Mar 25, 2014
$84,500
$82,968 by Prospect Lending Llc
Mortgage Due Jan 01, 2044
1551 Broadway has been categorized by the local assessors in Rensselaer, NY as a residential type of property. The building on the property was first built in 1800 and is 224 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1551 Broadway has 1,806 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 500 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 3,920 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 fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of rock and stone. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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. The property was last sold in Mar 18, 2014 for $84,500. That's $46.79 per sqft. 1551 Broadway was last assessed in 2023. The total value of the property was assessed at $18,000. Specifically, the land the property is located on was valued at $1,300. While improvements on the property were assessed at a total of $16,700. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,699. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,806
  • Building Area: 1,806
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,806
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOUSE

Ownership

  • Current Owner : GILLAN THOMAS
  • Previous Owner : KNAUF VOLKS SALLY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rensselaer City School District
  • School Tax School District: RENSSELAER
  • Census Tract: 051601

Zoning

  • Zoning: MU1

Geography

  • Account Number: 70316
  • District: 381400
  • Section: 133.77
  • Parcel: 381400 133.77-3-7
  • Block: 3
  • Lot: 7.000
  • Municipality: RENSSELAER
  • Latitude: 42.6562
  • Longitude: -73.7348

    Address

  • Full Address: 1551 Broadway
  • Address - House Number: 1551
  • Address - Street Name: Broadway
  • State: NY
  • City Name: Rensselaer
  • Carrier Code: C004
  • 4-Digit Zip Code: 1605
  • Zip Code: 12144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,699
  • Tax Rate Code Area: 381400

    Appraisal Valuation

  • Standard Deviation: 0.152
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 141,522
  • High Value: 163,039
  • Low Value: 120,004

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $103,968
  • First Open Lien Mortgage Lender: PROSPECT LENDING LLC
  • First Open Lien Mortgage Recording Date: Mar 25, 2014
  • First Open Lien Mortgage Loan Amount: $82,968
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2044
  • Second Open Lien Mortgage Lender: RENSSELAER COUNTY OF
  • Second Open Lien Mortgage Recording Date: Jun 08, 2016
  • Second Open Lien Mortgage Loan Amount: $21,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jun 08, 2046

    Market Valuation

  • Market Total Value: $90,000
  • Market Land Value: $6,500
  • Market Improvement Value: $83,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $1,300
  • Assessed Improvements Value: $16,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2014
  • Current Sale Recording Date: Mar 25, 2014
  • Current Sale Transaction ID: 1066501564
  • Current Sale Price: $84,500
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT LENDING LLC
  • First Mortgage Transaction Date: Mar 25, 2014
  • First Mortgage Loan Amount: $82,968
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2044

About Rensselaer



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Frequently Asked Questions

What neighborhood is 1551 Broadway located in?
The 1551 Broadway is a located in the neighborhood of Rensselaer in Rensselaer, Rensselaer.
What is the average sales price for listings in 1551 Broadway?
The average sales price for units in 1551 Broadway is $0 currently.

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