NOT LISTED FOR SALE

Estimated Value: $391,647

7 Beds
5.5 Baths
6,820 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $405,000 $59 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,454/month

7 Days on Market

Highlights

  • Deck
  • Full Attic
  • Cooling System Mounted In Outer Wall Opening
  • Wood Flooring
  • No HOA
  • Bathroom on Main Level

About This Home

As of October 2024

Prime Mixed-Use Opportunity in the Heart of Albany! Discover the potential of this versatile mixed-use property offering a perfect blend of commercial and residential space. Ideal for entrepreneurs or investors, features two store fronts leased to one tenant (Nail spa and Barber shop), One 3-bedroom, one 2-bedroom, one 1-bedroom and one studio apartment with monthly rents totaling about $4600 per month. New water heater, furnace and new electrical. Separate gas and electrical meters. Off street packing lot selling separately. A must see!

Last Agent to Sell the Property

Binglin Li

KW Platform License #10301212642 Listed on: 08/15/2024

KW Platform

Last Buyer's Agent

Hassan Khan

The People's Real Estate Group License #10491211126

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,045

Year Built

  • Built in 1938

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 33x88
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 6,820 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathroom on Main Level

Parking

  • 2 Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Albany High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • High Speed Internet

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 79.000 / 3
  • Assessor Parcel Number 010100 65.72-3-79

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,045

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Mixed
  • Year Built: 1938
  • Directions: From Central Ave. to west to 113 central Ave
  • Above Grade Finished Sq Ft: 6820.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 0.06
  • Lot Size: 33x88
  • Parking Features Parking Total: 2.0
  • Sale Detail Seller Contribution: No
  • Flooring:Hardwood: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: Full
  • Interior Amenities: High Speed Internet
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Living Area: 6820.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 3rd
  • Bathroom Levels Full Bathroom 5: 3rd
  • Bathroom Levels Half Bathroom 1: 1st
  • Interior Features:High Speed Internet: Yes
  • Full Basement: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Brick
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Off Street, Paved
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: 200+ Amp Service
  • Heating: Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Hot Water: 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

  • Lot Features: Level
  • Parcel #: 010100 65.72-3-79
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 10044.54
  • Tax Block: 3
  • Tax Lot: 79.000

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Oct 24, 2024
Sold by
Zheng Li Mei
Bought by
113 Central Ave Llc
Seller's Agent
Binglin Li
KW Platform
Buyer's Agent
Hassan Khan
The People's Real Estate Group
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%
Views
17
Current Estimated Value
$391,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,353

Purchase Details

Closed on
Feb 20, 2013
Sold by
Zheng Singhua
Bought by
Zheng Li Mei

Purchase Details

Closed on
Sep 21, 2006
Sold by
Obrien Michael
Bought by
Zheng Jinghua
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
113 Central Ave Llc $405,500 First American Title
113 Central Ave Llc $405,500 First American Title
Zheng Li Mei -- None Available
Zheng Jinghua $140,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $405,000 +1.3% $59 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $399,900 -- $59 / 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 $12,391 $340,000 $41,000 $299,000
2023 $10,125 $193,600 $28,000 $165,600
2022 $10,360 $193,600 $28,000 $165,600
2021 $10,132 $193,600 $28,000 $165,600
2020 $9,867 $193,600 $28,000 $165,600
2019 $7,622 $193,600 $28,000 $165,600
2018 $9,399 $193,600 $28,000 $165,600
2017 $3,355 $193,600 $28,000 $165,600
2016 $7,685 $193,600 $28,000 $165,600
2015 $5,338 $135,000 $34,200 $100,800
2014 -- $135,000 $34,200 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202423583

Global MLS

APN: 010100-065-072-0003-079-000-0000