NOT LISTED FOR SALE

Estimated Value: $242,593 - $351,000

3 Beds
3 Baths
2,394 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $319,000 $133 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,001/month

42 Days on Market

Highlights

  • City View
  • No HOA
  • Electric Baseboard Heater
  • Deck
  • Bathroom on Main Level
  • 2-minute walk to Philip Street Park

About This Home

As of September 2024

3 unit in the desirable Mansion Hill neighborhood. 2 of 3 units recently renovated. Great turn key opportunity. All 3 units currently rented, with some rents below market value. Excellent, stable investment property.

Last Agent to Sell the Property

Craig Cioffi

Weichert Realtors-Reliable Properties License #10401345174 Listed on: 05/20/2024

Weichert Realtors-Reliable Properties

Co-Listed By

Cole Cioffi

Weichert Realtors-Reliable Properties License #10401386408

Last Buyer's Agent

Talisa Foulks-Pounds

HS Capital Realty LLC License #10401203368

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,646

Year Built

  • Built in 1870

Lot Details

  • 1,742

Home Design

  • Triplex
  • Flat Roof Shape
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2,394 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Schools

  • Albany High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater

Additional Features

  • Deck
  • 1,742 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity, gas
  • Legal Lot and Block 70.000 / 1
  • Assessor Parcel Number 010100 76.57-1-70

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,646

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1870
  • Directions: Madison to Philips St
  • Above Grade Finished Sq Ft: 2394.0
  • Architectural Style: Other
  • Lot Size Acres: 0.04
  • Sale Detail Seller Contribution: No
  • Special Listing Conditions Ownership: Washington Lofts LLC
  • Number Of Separate Electric Meters: 3
  • Rental Income: 3025.0
  • Rental Income Description: Actual
  • Co List Office Mls Id: o3411A
  • Co List Office Phone: 518-312-4800
  • Ownership: Washington Lofts LLC
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2394.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Fireplace: No
  • Basement:None15: Yes
  • Attic Features:None16: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Construction Type: Aluminum Siding, Wood Siding
  • Patio And Porch Features: Deck
  • View: City
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Electric, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 76.57-1-70
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Electricity, Gas

Tax Info

  • Tax Annual Amount: 4646.44
  • Tax Block: 1
  • Tax Lot: 70.000

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Sep 13, 2024
Sold by
Washington Lofts Llc
Bought by
Farray Sherwin
Seller's Agent
Craig Cioffi
Weichert Realtors-Reliable Properties
Buyer's Agent
Talisa Foulks-Pounds
HS Capital Realty LLC
List Price
$329,000
Sold Price
$319,000
Premium/Discount to List
-$10,000
-3.04%
Views
19
Current Estimated Value
$305,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,602
Avg. Annual Appreciation
-3.82%
Original Mortgage
$292,600
Outstanding Balance
$289,311
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$16,087

Purchase Details

Closed on
Dec 1, 2000
Sold by
Mhi Holdins Inc
Bought by
Cioffi Kevin

Purchase Details

Closed on
Mar 26, 1996
Sold by
Stofelano Stephen A
Bought by
Mhi Holdings Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farray Sherwin $308,000 Pac Abstract
Cioffi Kevin $76,200 Paul Toomey
Mhi Holdings Inc $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farray Sherwin $292,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $319,000 0.0% $133 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/10/2024 06/10/24 Price Changed $319,000 -3.0% $133 / Sq Ft
05/20/2024 05/20/24 For Sale $329,000 -- $137 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

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 $4,787 $177,000 $35,400 $141,600
2023 $3,857 $91,000 $18,200 $72,800
2022 $3,777 $91,000 $18,200 $72,800
2021 $3,769 $91,000 $18,200 $72,800
2020 $3,453 $91,000 $18,200 $72,800
2019 $3,583 $91,000 $18,200 $72,800
2018 $3,461 $91,000 $18,200 $72,800
2017 $1,321 $91,000 $18,200 $72,800
2016 $3,356 $91,000 $18,200 $72,800
2015 $4,022 $109,600 $21,900 $87,700
2014 -- $109,600 $21,900 $87,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202417626

Global MLS

APN: 010100-076-057-0001-070-000-0000