NOT LISTED FOR SALE

1064 Washington Ave Albany, NY 12203

Melrose Neighborhood

Estimated Value: $371,998 - $422,000

9 Beds
4 Baths
2,424 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $352,000 $145 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,802/month

12 Days on Market

Highlights

  • 50,140 Acre Lot
  • No HOA
  • Window Unit Cooling System
  • Wood Flooring
  • 2 Car Detached Garage
  • 4-minute walk to Westland Hills Dog Park

About This Home

As of March 2023

Wonderfully two unit investment property. 4 bedrooms on first floor with living room converted into a 5th bedroom. 4 bedrooms on second floor with two full bathrooms on each floor. New siding - 2017, new roof - 2021, 1st floor hot water heater - 2022, refrigerators -2021. newer windows. $2000 potential rent for 1st floor unit, rent below market due to only two student tenants remaining in the unit before their move. Property on bus line and minutes to SUNY, i-90 and supermarkets.

Last Agent to Sell the Property

Jennifer Gao-Bosley

J & A Capital Realty License #10491209930 Listed on: 12/11/2022

Last Buyer's Agent

Redwan Akter

eRealty Advisors, Inc License #10401347496

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,194

Year Built

  • Built in 1929

Lot Details

  • 50,140 Acre Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Albany High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection, sewer, water
  • Assessor Parcel Number 64.26-2-17

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,194

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1929
  • Directions: Washington Ave. West of the intersection of Colvin Ave
  • Above Grade Finished Sq Ft: 2424.0
  • Financial Details General Taxes: 3058.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4136.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 50140.0
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Sale Detail Buyer Zip Code: 12534
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Flooring:Hardwood: Yes
  • Fencing:Fenced: Yes
  • Laundry Features:In Basement: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood
  • Basement: Full
  • Interior Amenities: High Speed Internet
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Living Area: 2424.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Owner Pays: Trash Collection, Sewer, Water
  • Interior Features:High Speed Internet: Yes
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Fencing: Fenced
  • Other Structures: Garage(s)
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Driveway, Garage
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 2.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Radiant, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 64.26-2-17
  • Lot Size Sq Ft: 2184098400.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 7194.0

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2022
Closed on
Mar 3, 2023
Sold by
Zheng Tao
Bought by
Binty Afsana and Parker Shovon
Seller's Agent
Jennifer Gao-Bosley
J & A Capital Realty
Buyer's Agent
Redwan Akter
eRealty Advisors, Inc
List Price
$355,000
Sold Price
$352,000
Premium/Discount to List
-$3,000
-0.85%
Views
125
Current Estimated Value
$392,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,500
Avg. Annual Appreciation
4.49%
Original Mortgage
$316,800
Outstanding Balance
$307,194
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$85,306
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
Binty Afsana $352,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binty Afsana $316,800
Previous Owner Zheng Hui $55,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $352,000 -0.8% $145 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
12/10/2022 12/10/22 For Sale $355,000 +102.9% $146 / Sq Ft
04/03/2013 04/03/13 Sold $175,000 -5.3% $72 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $184,800 -- $76 / 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 $8,162 $338,000 $67,600 $270,400
2023 $7,078 $175,000 $35,000 $140,000
2022 $6,925 $175,000 $35,000 $140,000
2021 $6,910 $175,000 $35,000 $140,000
2020 $6,640 $175,000 $35,000 $140,000
2019 $6,890 $175,000 $35,000 $140,000
2018 $6,806 $175,000 $35,000 $140,000
2017 $2,540 $175,000 $35,000 $140,000
2016 $6,455 $175,000 $35,000 $140,000
2015 -- $175,000 $43,800 $131,200
2014 -- $175,000 $43,800 $131,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202231100

Global MLS

APN: 010100-064-026-0002-017-000-0000