$398,000
SOLD DEC 12, 2024
6 Beds
2 Baths
2,340 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

5% Above List Price

8 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Full Attic
  • Private Lot
  • Wood Flooring
  • 3-minute walk to Woodlawn Park

About This Home

As of December 2024

Best & final offers due by Sunday at 3pm. Updated Prime 2 family, steps to Albany Med, Albany Law, Albany Pharmacy, & SUNY. Over $45k rental income, incredible ROI for owner occupant & investor. Updated throughout, HE Weil McLain NG boilers, HW tank '21, chimney repointed '21, rebuilt porch, updated electrical service, vinyl siding, gutters, vinyl replacement windows, 1st floor updated kitchen & bathroom. Separate utilities, tenants pay gas & electric, shared driveway. 4 off street parking. Long term tenants: 1st fl $1950/mo leased 4/30/25, 2nd fl $1800/mo is mo-mo (could be raised to $1925/mo. Walkability to schools, hospitals, & places of worship. Restaurants are endless, on New Scotland - #605, Ragonese, Ale & Oyster, Sake Cafe, Fountain, Starbuck, pharmacy, library, & more.

Last Agent to Sell the Property

Alexander Monticello

Monticello License #10491202360 Listed on: 10/21/2024

Last Buyer's Agent

Colin McDonald

McDonald Real Estate Comp LLC License #10491210476

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,995

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30 x 150
  • Private Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,340 Sq Ft Home
  • 3-Story Property
  • Paddle Fans
  • Double Pane Windows
  • Full Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

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

Parking

  • 4 Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Albany High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Insurance Expense $1,682

Listing and Financial Details

  • Tenant pays for heat, electricity, gas
  • The owner pays for trash collection, sewer, water
  • Legal Lot and Block 32.000 / 1
  • Assessor Parcel Number 010100 75.28-1-32

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,995

Year Built

Built in 1926 | Remodeled

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Electric Expense: 677.0
  • Zoning: Multi Residence
  • Year Built: 1926
  • Directions: NEW SCOTLAND STRIP TO ONTARIO TO WOODLAWN
  • Above Grade Finished Sq Ft: 2340.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 3100.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4895.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.1
  • Lot Size: 30 X 150
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Sale Detail Buyer Zip Code: 12203
  • Sale Detail Seller Contribution: No
  • Electric Expense Description: Actual
  • Insurance Expense Description: Actual
  • Income And Expenses Maintenance Expense: 1451.0
  • Water Sewer Expense Description: Actual
  • Rental Income: 3750.0
  • Rental Income Description: Monthly
  • Income: 45000.0
  • Income Description: Annual
  • Unit Information Number Of Dryers: 2
  • Unit Information Number Of Stoves: 2
  • Unit Information Number Of Washers: 2
  • Subdivision Name: New Scotland
  • Flooring:Hardwood: Yes
  • Laundry Features:In Basement: Yes
  • Architectural Style:Traditional: Yes
  • Levels Three Or More: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Hardwood
  • Basement: Full
  • Interior Amenities: Paddle Fan, High Speed Internet
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2340.0
  • Window Features: Double Pane Windows
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Sewer, Water
  • Fireplace: No
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Full Basement: Yes
  • Attic Features:Storage2: Yes
  • Attic Features:Walk-Up: Yes
  • Attic Features:Full2: 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 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Fencing: None
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Private: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Double Pane Windows2: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Radiant, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: 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

Fee Information

  • Annual Water Sewer Expense: 524.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Private, Level
  • Parcel #: 010100 75.28-1-32
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Electricity, Gas

Multi Family

  • Insurance Expense: 1682.0
  • Maintenance Expense: 1451.0

Tax Info

  • Tax Annual Amount: 7995.0
  • Tax Block: 1
  • Tax Lot: 32.000
  • Tax Tract: 75.28

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Dec 12, 2024
Sold by
Kse Management Llc
Bought by
Nigam Saurabh
Seller's Agent
Alexander Monticello
Monticello
Buyer's Agent
Colin McDonald
McDonald Real Estate Comp LLC
List Price
$380,000
Sold Price
$398,000
Premium/Discount to List
$18,000
4.74%
Views
16
Current Estimated Value
$378,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,489
Avg. Annual Appreciation
-2.95%
Original Mortgage
$356,210
Outstanding Balance
$354,980
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$34,998

Purchase Details

Closed on
Mar 4, 2011
Sold by
Boots Charles
Bought by
Brayer John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2011
Sold by
Boots Charles R
Bought by
Brayer Jeffrey R and Brayer John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2009
Sold by
Gonzalez Jeffrey H
Bought by
Boots Michael A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $398,000 None Listed On Document
Deed $215,000 --
Deed $215,000 None Available
Administrators Deed $121,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,210 New Conventional
Previous Owner $193,500 Purchase Money Mortgage
Previous Owner $176,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $398,000 +4.7% $170 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $380,000 +61.7% $162 / Sq Ft
04/08/2019 04/08/19 Sold $235,000 -5.1% $100 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
11/26/2018 11/26/18 Price Changed $247,500 -2.0% $106 / Sq Ft
10/30/2018 10/30/18 Price Changed $252,500 -2.8% $108 / Sq Ft
08/22/2018 08/22/18 For Sale $259,900 -- $111 / 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 $7,996 $317,000 $63,400 $253,600
2023 $7,473 $185,000 $37,000 $148,000
2022 $7,310 $185,000 $37,000 $148,000
2021 $7,294 $185,000 $37,000 $148,000
2020 $7,019 $185,000 $37,000 $148,000
2019 $6,763 $185,000 $37,000 $148,000
2018 $7,036 $185,000 $37,000 $148,000
2017 $6,763 $185,000 $37,000 $148,000
2016 $6,824 $185,000 $37,000 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202427795

Global MLS

APN: 010100-075-028-0001-032-000-0000