Seller's Agent in 2024
Samantha Curry
New Scotland Realty
(518) 964-2066
3 in this area
140 Total Sales
1 Olmstead St Cohoes, NY 12047
Estimated Value: $180,000 - $302,000
16
Beds
28
Baths
2,088
Sq Ft
$112/Sq Ft
Est. Value
Highlights
- 0.65 Acre Lot
- Finished Attic
- Bathroom on Main Level
- Wood Flooring
- No HOA
- Electric Baseboard Heater
About This Home
As of July 2024This property is being sold as a package as 1-27 Olmstead Street. This is a great opportunity for an investor to heavily expand upon their portfolio. 1-27 Olmstead Street consists of 28 units across 14 contiguous townhome style buildings. The property is located just off the newly renovated Remsen street, the main corridor in Cohoes that includes attractions such as Cohoes Music Hall as well as restaurants to the likes of Anthony's Italian, The Daisy, Donnie Magoos, Bye-I Brewing, among others. The property is also located just a short drive from I-787 making for easy access to Albany and Troy, as well as other employment centers. All units have basically the same layout, only two model units will be shown and any offers can be written contingent on walk through of all units.
Last Agent to Sell the Property
New Scotland Realty License #10491209794 Listed on: 07/11/2023
Last Buyer's Agent
non-member non member
NON MLS OFFICE
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $43,000
Year Built
- Built in 1963
Lot Details
- 0.65
Home Design
- Brick Exterior Construction
- Brick Foundation
- Shingle Roof
- Rubber Roof
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
- Finished Attic
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 16 Bedrooms
- Bathroom on Main Level
- 28 Full Bathrooms
Parking
- 20 Parking Spaces
- Open Parking
Additional Features
- 0.65 Acre Lot
- Electric Baseboard Heater
Community Details
- No Home Owners Association
- 28 Units
Listing and Financial Details
- Assessor Parcel Number 010300 10.12-1-17.2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2014
Closed on
Jan 21, 2015
Sold by
Cornerstone Property Management Llc
Bought by
Olmstead Apartments Llc
Seller's Agent
Tracy Metzger
TL Metzger & Associates LLC
Buyer's Agent
Andrew Martin
Hometown Real Estate
List Price
$2,200,000
Sold Price
$1,625,000
Premium/Discount to List
-$575,000
-26.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,390,863
Avg. Annual Appreciation
-16.70%
Original Mortgage
$223,100
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 6, 2005
Sold by
Lapierre Dave
Bought by
Cornerston Property Mana Gement Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olmstead Apartments Llc | $137,000 | None Available | |
| Cornerston Property Mana Gement Llc | $80,000 | Peter Reilly |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1-27 Olmstead Llc | $1,706,250 | |
| Closed | Olmstead Apartments Llc | $450,116 | |
| Closed | Olmstead Apartments Llc | $1,610,000 | |
| Closed | Olmstead Apartments Llc | $223,100 | |
| Previous Owner | Cornerstone Property Management Llc | $381,780 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2024 07/01/24 | Sold | $2,275,000 | -2.2% | $1,090 / Sq Ft |
| 03/12/2024 03/12/24 | Pending | -- | -- | -- |
| 01/11/2024 01/11/24 | Price Changed | $2,325,000 | +615.4% | $1,114 / Sq Ft |
| 01/11/2024 01/11/24 | Price Changed | $325,000 | -86.3% | $156 / Sq Ft |
| 07/11/2023 07/11/23 | For Sale | $2,375,000 | +46.2% | $1,137 / Sq Ft |
| 01/23/2015 01/23/15 | Sold | $1,625,000 | -26.1% | $50 / Sq Ft |
| 09/22/2014 09/22/14 | Pending | -- | -- | -- |
| 03/24/2014 03/24/14 | For Sale | $2,200,000 | -- | $68 / Sq Ft |
Source: Global MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,995 | $55,000 | $3,500 | $51,500 |
| 2023 | $2,980 | $55,000 | $3,500 | $51,500 |
| 2022 | $3,013 | $55,000 | $3,500 | $51,500 |
| 2021 | $3,009 | $55,000 | $3,500 | $51,500 |
| 2020 | $2,066 | $55,000 | $3,500 | $51,500 |
| 2019 | $1,691 | $55,000 | $3,500 | $51,500 |
| 2018 | $2,005 | $55,000 | $3,500 | $51,500 |
| 2017 | $3,330 | $55,000 | $3,500 | $51,500 |
| 2016 | $1,948 | $55,000 | $3,500 | $51,500 |
| 2015 | -- | $55,000 | $3,500 | $51,500 |
| 2014 | -- | $55,000 | $3,500 | $51,500 |
Source: Public Records
Agents Affiliated with this Home
-
Samantha Curry
-
n
Buyer's Agent in 2024
non-member non member
NON MLS OFFICE
-
Tracy Metzger
Seller's Agent in 2015
Tracy Metzger
TL Metzger & Associates LLC
(518) 209-8831
3 Total Sales
-
A
Buyer's Agent in 2015
Andrew Martin
Hometown Real Estate
Map
Source: Global MLS
MLS Number: 202320466
APN: 010300-010-012-0001-017-002-0000
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