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4 Somerset Lane

4 Somerset Lane, Schenectady, NY 12302
Property in Glenville
Sold Apr 07, 2021
$270,000
$265,109 by American Financial Network Inc
Mortgage Due Apr 01, 2051
4 Somerset Lane in Schenectady, NY was first built in 1966 and is 58 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 4 Somerset Lane has 2,004 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,865. In total, the area measurement of the land is 18,649 square feet.

Learn more about the property and building on this page. There is a patio. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 16, 2021 for $270,000. That's $134.73 per sqft. 4 Somerset Lane was last assessed in 2023. The total value of the property was assessed at $204,400. Specifically, the land the property is located on was valued at $47,600. While improvements on the property were assessed at a total of $156,800. 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 $7,815. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 18,649
  • Lot Size Depth Feet: 1,865
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,004
  • Building Area: 2,004
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,004
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.428
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GLEN OAKS 4-L63 HL2G

Ownership

  • Current Owner : SOUFFRANT CHANTALE
  • Previous Owner : HANRAHAN KATHLEEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Scotia-Glenville Central School District
  • School Tax School District: SCOTIA-GLENVILL
  • Census Tract: 032404

Zoning

  • Zoning: RES

Geography

  • Account Number: B20316
  • District: 422289
  • Section: 29.08
  • Parcel: 422289 29.8-2-9
  • Block: 2
  • Lot: 9.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.8519
  • Longitude: -73.9679

    Address

  • Full Address: 4 Somerset Ln
  • Address - House Number: 4
  • Address - Street Name: Somerset
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C012
  • 4-Digit Zip Code: 2719
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,815
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 336,177
  • High Value: 415,090
  • Low Value: 257,264

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,109
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Apr 07, 2021
  • First Open Lien Mortgage Loan Amount: $265,109
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $300,588
  • Market Land Value: $70,000
  • Market Improvement Value: $230,588

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,400
  • Assessed Land Value: $47,600
  • Assessed Improvements Value: $156,800

    Sales

  • Current Sale Contract Date: Mar 16, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Transaction ID: 11829828077
  • Current Sale Price: $270,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202115416

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Apr 07, 2021
  • First Mortgage Loan Amount: $265,109
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 4 Somerset Lane located in?
The 4 Somerset Lane is a located in the neighborhood of Glenville in Schenectady, Schenectady.
What is the average sales price for listings in 4 Somerset Lane?
The average sales price for units in 4 Somerset Lane is $0 currently.

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