524 Gifford Road

524 Gifford Road 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 1970 and is 54 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 524 Gifford Road has 1,700 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 672 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 7,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch 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 attached garage for those who require parking. The garage measured 288 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. 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 alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing electric heaters and being fueled with electricity. There are 2 fireplaces 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 Jun 21, 2021 for $212,000. That's $124.71 per sqft. 524 Gifford Road was last assessed in 2023. The total value of the property was assessed at $158,200. Specifically, the land the property is located on was valued at $23,700. While improvements on the property were assessed at a total of $134,500. 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 $7,398. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.