NOT LISTED FOR SALE

Estimated Value: $144,000 - $226,000

3 Beds
3 Baths
1,932 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $105,000 $54 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,362/month

345 Days on Market

Highlights

  • Active Adult
  • Forced Air Heating System
  • 1-minute walk to Malcolm X Community Park
  • No HOA
  • Baseboard Heating

About This Home

As of September 2021

3 story brick apartment building in downtown Albany. Excellent income property with separate utilities and close to everything the city has to offer. Can be purchased individually or packaged with 118 Lark Street. Professional management in place currently and potential for very attractive Cap rate. This is a great addition to any portfolio or a great start for the 1st time investor.

Last Agent to Sell the Property

Alex Buell

Property Pro Realty Group Inc. License #10401257330 Listed on: 04/07/2021

Last Buyer's Agent

Jerid Meagan

Principles 2019 LLC License #10491209223

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,567

Year Built

  • Built in 1892

Lot Details

  • Lot Dimensions are 16x81

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 1,932 Sq Ft Home
  • Walk-Out Basement

Utilities

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

Community Details

  • Active Adult
  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 21 / 5
  • Assessor Parcel Number 010100 65.72-5-21

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,567

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1892
  • Directions: Central to Lark
  • Above Grade Finished Sq Ft: 1932.0
  • Architectural Style: Triplex
  • Lot Size: 16X81
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Living Area: 1932.0
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Construction Type: Brick
  • Waterfront: No
  • Construction Materials:Brick: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.72-5-21

Tax Info

  • Tax Annual Amount: 4567.0
  • Tax Block: 5
  • Tax Lot: 21

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Alan Dorsinville
Bought by
Dorsinville Lark Llc
Current Estimated Value
$199,555

Purchase Details

Listed on
Apr 7, 2021
Closed on
Sep 8, 2021
Sold by
109 Lark Albany Llc
Bought by
Dorsinville Alan
Seller's Agent
Alex Buell
Property Pro Realty Group Inc.
Buyer's Agent
Jerid Meagan
Principles 2019 LLC
List Price
$138,000
Sold Price
$105,000
Premium/Discount to List
-$33,000
-23.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%
Original Mortgage
$78,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2016
Closed on
Jun 28, 2017
Sold by
Adekoya Alexander and Adekoya Arlene
Bought by
109 Lark Street Llc
Seller's Agent
Donna Clanton
Howard Hanna Capital Inc
Buyer's Agent
David Zuccaro
The Property Shop
List Price
$105,000
Sold Price
$97,500
Premium/Discount to List
-$7,500
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%

Purchase Details

Closed on
Apr 21, 2006
Sold by
Farrell Peter
Bought by
Adekoya Alexander O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,380
Interest Rate
5.99%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dorsinville Lark Llc -- None Listed On Document
Dorsinville Alan $105,000 None Listed On Document
109 Lark Street Llc $97,500 None Available
Adekoya Alexander O $121,900 Stanley Skubin
Adekoya Alexander $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dorsinville Alan $78,750
Previous Owner Adekoya Alexander $24,380
Previous Owner Adekoya Alexander $97,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2021 09/10/21 Sold $105,000 0.0% $54 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
01/05/2021 01/05/21 Off Market $105,000 -- --
11/29/2020 11/29/20 Price Changed $123,000 -1.6% $64 / Sq Ft
07/14/2020 07/14/20 Price Changed $125,000 -6.7% $65 / Sq Ft
07/01/2020 07/01/20 Price Changed $134,000 -1.5% $69 / Sq Ft
06/23/2020 06/23/20 Price Changed $136,000 -1.4% $70 / Sq Ft
04/21/2020 04/21/20 For Sale $138,000 +22.1% $71 / Sq Ft
07/01/2019 07/01/19 Sold $113,000 -1.7% $58 / Sq Ft View Prior Sale
05/15/2019 05/15/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $115,000 0.0% $60 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $115,000 +17.9% $60 / Sq Ft
06/28/2017 06/28/17 Sold $97,500 -7.1% $50 / Sq Ft View Prior Sale
11/16/2016 11/16/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $105,000 -- $54 / 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 $3,802 $97,000 $19,400 $77,600
2023 $4,843 $116,000 $23,200 $92,800
2022 $4,741 $116,000 $23,200 $92,800
2021 $4,731 $116,000 $23,200 $92,800
2020 $5,491 $116,000 $23,200 $92,800
2019 $4,567 $116,000 $23,200 $92,800
2018 $4,668 $116,000 $23,200 $92,800
2017 $1,684 $116,000 $23,200 $92,800
2016 $4,279 $116,000 $23,200 $92,800
2015 $4,287 $116,800 $23,400 $93,400
2014 -- $116,800 $23,400 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202016378

Global MLS

APN: 010100-065-072-0005-021-000-0000