NOT LISTED FOR SALE

11 Myrtle Ave Albany, NY 12202

Mansion Area Neighborhood

Estimated Value: $228,000 - $323,000

3 Beds
3 Baths
2,262 Sq Ft
$115/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $197,500 $87 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,811/month

5 Days on Market

Highlights

  • Active Adult
  • Cooling System Mounted In Outer Wall Opening
  • 2-minute walk to Philip Street Park
  • No HOA
  • Baseboard Heating

About This Home

As of June 2021

Multiple offers. BEST AND FINAL by 4/19 @ 1pm. Updated 3 family building in downtown Albany. Each unit is rented with new lease agreements with long time tenants. Hardwood floor throughout. Great opportunity for investment property with positive cash flow.

Last Agent to Sell the Property

Jillian Breck

Howard Hanna Capital Inc License #10401347799 Listed on: 04/15/2021

Howard Hanna Capital Inc

Last Buyer's Agent

Kevin McRae

RE/MAX Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,016

Year Built

  • Built in 1864

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2,262 Sq Ft Home
  • Apartment Living Space in Basement

Schools

  • Giffen Memorial Elementary School
  • Albany High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • Active Adult
  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 77 / 5
  • Assessor Parcel Number 010100 76.49-5-77

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,016

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Zoning: Single Residence
  • Year Built: 1864
  • Directions: Myrtle Avenue between Phillip and Grand Streets
  • Above Grade Finished Sq Ft: 2262.0
  • Financial Details General Taxes: 1443.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3080.0
  • School Taxes Description: Estimated
  • Financial Details Village Taxes: 493.0
  • Village Taxes Description: Estimated
  • Lot Size Acres: 0.03
  • Lot Size: 1290 sqft
  • Possession Possession Legacy: At Closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number of Separate Water Meters: 1
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Structure Type: Triplex
  • Special Features: None

Interior Features

  • Basement: Apartment
  • Living Area: 2262.0
  • Basement:Apartment: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes

Exterior Features

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: 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 76.49-5-77
  • Lot Size Sq Ft: 1306.8

Tax Info

  • Tax Annual Amount: 5016.0
  • Tax Block: 5
  • Tax Lot: 77

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Giffen Memorial
  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 22, 2021
Sold by
Verseput James W
Bought by
Kirkland Don
Seller's Agent
Jillian Breck
Howard Hanna Capital Inc
Buyer's Agent
Kevin McRae
RE/MAX Capital
List Price
$182,500
Sold Price
$197,500
Premium/Discount to List
$15,000
8.22%
Current Estimated Value
$260,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,295
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
Sep 14, 2004
Sold by
Deutsche Bank
Bought by
Belardo Vincent

Purchase Details

Closed on
Apr 30, 1999
Sold by
Reider Arthur E and Reider Janet S
Bought by
Visions One Management G Roup

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1999
Sold by
Reider Arthur E and Reider Janet S
Bought by
Visions One Management Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
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
Kirkland Don $197,500 Marathon Title Agency
Belardo Vincent $40,000 --
Visions One Management G Roup $30,000 --
Morang Eric $75,000 --
Morang Eric $75,000 Stewart Title Insurance Co
Visions One Management Group Inc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morang Eric $60,000
Previous Owner Visions One Management Group Inc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $197,500 +8.2% $87 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $182,500 -- $81 / 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 $5,323 $198,000 $39,600 $158,400
2023 $5,434 $131,000 $26,200 $104,800
2022 $5,319 $131,000 $26,200 $104,800
2021 $5,308 $131,000 $26,200 $104,800
2020 $6,237 $131,000 $26,200 $104,800
2019 $5,157 $131,000 $26,200 $104,800
2018 $5,415 $131,000 $26,200 $104,800
2017 $2,385 $131,000 $26,200 $104,800
2016 $5,315 $131,000 $26,200 $104,800
2015 $4,896 $133,400 $26,700 $106,700
2014 -- $133,400 $26,700 $106,700
Source: Public Records

Agents Affiliated with this Home

  • Jillian Breck

    Seller's Agent in 2021

    Jillian Breck

    Howard Hanna Capital Inc

    (518) 225-4799

    1 in this area

    202 Total Sales

    Jillian Breck
    Section Image

  • K

    Buyer's Agent in 2021

    Kevin McRae

    RE/MAX

See All Agents

Map

Source: Global MLS

MLS Number: 202115971

Global MLS

APN: 010100-076-049-0005-077-000-0000

New York Albany County Albany 12202 Mansion Area

11 Myrtle Ave, Albany, NY

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