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253 Lorraine Ave

Schenectady, NY 12304

2 bd 1 ba 864 sqft Built 1960 Lot 12,632 sqft single_family
Most recent sale
$175,000
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $175,000 GlobalMLS
Feb 19, 2024 Price changed $161,500 GlobalMLS
Jan 9, 2024 Listed $165,000 GlobalMLS
Jan 19, 2017 Sold $75,000 GlobalMLS
Sep 7, 2004 Sold $100,837 Public Record
Oct 30, 1995 Sold $75,000 Public Record
Oct 20, 1995 Listed $75,000 GlobalMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $81,500 $14,400 $95,900 $5,085
2024 $81,500 $14,400 $95,900 $4,848
2023 $81,500 $14,400 $95,900 $4,769
2022 $81,500 $14,400 $95,900 $4,219
2021 $81,500 $14,400 $95,900 $2,035
2020 $81,500 $14,400 $95,900 $4,044
2018 $81,500 $14,400 $95,900 $4,023
2016 $81,500 $14,400 $95,900 $4,185
2015 $81,500 $14,400 $95,900 $4,280
2014 $81,500 $14,400 $95,900 $4,285
2013 $81,500 $14,400 $95,900 $4,194
2012 $81,500 $14,400 $95,900 $1,377
2011 $81,500 $14,400 $95,900 $3,968
2010 $81,500 $14,400 $95,900 $3,875

Property facts

Year built
1960
Property type
single_family
Stories
Beds
2
Baths
1
Living area
864 sqft
Lot size
12,632 sqft
ZIP code
12304
City
Schenectady
Street
Lorraine Ave
Coordinates
42.78137, -73.89442

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 253 Lorraine Ave last sell?
253 Lorraine Ave most recently sold on Apr 19, 2024 for $175,000.
What is the current tax assessment for 253 Lorraine Ave?
The most recent total assessment for 253 Lorraine Ave (year 2025) is $95,900 with $5,085 in property tax.
How does 253 Lorraine Ave's assessment compare to its last sale price?
The current assessment is 45.2% below the last sale price of $175,000.
When was 253 Lorraine Ave built?
253 Lorraine Ave was built in 1960.
How does 253 Lorraine Ave compare to others on Lorraine Ave?
We track 8 other properties on Lorraine Ave. Browse the list under "Other properties on Lorraine Ave" to compare beds, baths, and sale history.
What are the property facts for 253 Lorraine Ave?
253 Lorraine Ave is a 2 bed, 1 bath, 864 sqft, 12,632 sqft lot single_family.
Is 253 Lorraine Ave a flip candidate?
No — 253 Lorraine Ave does not appear in our flips dataset.
Is 253 Lorraine Ave a tax-appeal candidate?
No — 253 Lorraine Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.0%
2026 Q3
$292.7K
2026 Q4
$293.4K
ZIP 12304 — Median Price History + Forecast

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