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726 Michigan Avenue

726 Michigan Avenue, Schenectady, NY 12303
Property in Schenectady
726 Michigan Avenue has been categorized by the local assessors in Schenectady, NY as a commercial type of property. The building on the property was first built in 1976 and is 48 years old. However, we must point out that the home was most recently renovated and altered in 1995. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 1,450 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,800 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 inside of the home is being cooled with a partial air conditioning at the moment. In terms of heating, the home is utilizing oil. 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, 726 Michigan Avenue sold most recently in Mar 16, 2015 for a total of $155,000. If you work out the math, that's approximately a cost of $66.24 per sqft. Before that, the property was also sold for $155,000 in Mar 16, 2015. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $8,043 in taxes each year. 726 Michigan Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $155,100. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $137,100. 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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 624
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,800
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,340
  • Gross Building Area: 2,340
  • Building Area: 2,340
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Partial air conditioning
  • Heating: unknown
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.133
  • Standard Land Use Code: Store/office (mixed use)
  • Legal Description 1: 1 BRK & BLK

Ownership

  • Current Owner : FLOWERS BY RANDOLPH LLC
  • Previous Owner : WHIPPLE PATRICIA
  • Owner Before Previous Owner: WHIPPLE PATRICIA A
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 021600

Zoning

  • Zoning: 05 - COMME

Geography

  • District: 421500
  • Section: 49.65
  • Parcel: 421500 49.65-3-1
  • Block: 3
  • Lot: 1.000
  • Municipality: SCHENECTADY
  • Latitude: 42.7936
  • Longitude: -73.9369

    Address

  • Full Address: 726 Michigan Ave
  • Address - House Number: 726
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C027
  • 4-Digit Zip Code: 1318
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,043
  • Tax Rate Code Area: 421500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,000
  • First Open Lien Mortgage Lender: PATRICIA A WHIPPLE
  • First Open Lien Mortgage Recording Date: Mar 19, 2015
  • First Open Lien Mortgage Loan Amount: $155,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Mar 19, 2045
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $196,329
  • Market Land Value: $22,785
  • Market Improvement Value: $173,544

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,100
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $137,100

    Sales

  • Current Sale Contract Date: Mar 16, 2015
  • Current Sale Recording Date: Mar 19, 2015
  • Current Sale Transaction ID: 1356918358
  • Current Sale Price: $155,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 19, 2015
  • Previous Sale Contract Date: Mar 16, 2015
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: PATRICIA A WHIPPLE
  • Previous Mortgage Transaction Date: Mar 19, 2015
  • Previous Mortgage Loan Amount: $155,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Schenectady



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Frequently Asked Questions

What neighborhood is 726 Michigan Avenue located in?
The 726 Michigan Avenue is a located in the neighborhood of Schenectady in Schenectady, Schenectady.
What is the average sales price for listings in 726 Michigan Avenue?
The average sales price for units in 726 Michigan Avenue is $0 currently.

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