The Daily Gazette
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Schenectady starts selling houses

5 properties in arrears on taxes purchased for total of $99,500

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At long last, the city has begun selling the houses it seized for unpaid taxes last year. Five new owners agreed to make substantial renovations — in the tens of thousands of dollars — to bring their new properties up to code. They also agreed to purchase prices high enough that the city made back almost all of what it lost in delinquent taxes on those properties. City Council members had hoped to sell many ...

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June 11, 2013
3:32 a.m.

[ Flag Post ]

FYI, 1902 Broadway is not a house. Looks like a commercial property auto repair shop.

June 11, 2013
7:50 a.m.

[ Flag Post ]

What a joke. 700 homes seized because of confiscatory City taxation. A year later they sell only five for under $100,000 total. Keep reelecting these Democratic fiscal incompetents. No one will complain when Mayor McCarthy seizes your property.

June 11, 2013
9:05 a.m.

[ Flag Post ]

Schenectady has one of the highest tax rates in the entire country. The city has numerous overlapping services with all the towns, villages, multiple schools that represent the teachers rather than the tax payers. Total chaos. Fall behind on the shy high taxes for 2 years and the city owns your property.
It is impossible to sell a reasonably priced home because the schools suck, taxes are sky high and crime is reportedly out of control.
o all the people who keep voting in these politicians; thanks for giving in to the unions and the greed.
Your home may be the next one the city seizes and gives away to some special interest group.

July 4, 2013
6:21 p.m.

[ Flag Post ]

find a tax to (true) FMV total assessment ANYWHERE in this country that is HIGHER than Schenectady! Home values are plummeting in Schenectady and very FEW property owners are grieving their assessments and pushing through to the Appeal level. Appears that NO ONE looks at the assessments up and down their own street to see the GROSS INEQUITIES in assessed values!

1024 Eastern Ave For Sale: $69,000 Tax Assessment $120,000.
149 Elmer Ave For Sale: $79,250 Tax assessment: $102,000.
1386 Lowell Rd Sold on 5/21/13: $60,00 Tax assessment: $303,400.
1070 Glenwood Blvd Sold on 10/6/11: $65,000 Tax assessment: $155,600.
1035 Park Ave Sold on 12/3/12: $97,000 Tax assessment: $170,600

and on and on .. and on!

1232 Union St Sold on 6/8/12: $49,900 Tax assessment: $142,000
851 Union St Sold on 2/7/12: $83,500 Tax assessment: $122,800
1232 Union St Sold on 6/8/12: $49,900 Tax assessment: $142,000
1036 Eastern Ave Sold on 1/30/12: $73,000 Tax assessment: $111,200
1170 Oxford Pl Sold on 5/9/12: $101,000 Tax assessment: $133,400