NOT LISTED FOR SALE

117 S Pearl St Albany, NY 12207

Downtown Albany Neighborhood

Estimated Value: $537,536

Studio
8 Baths
3,932 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $327,500 $83 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,410/month

97 Days on Market

Highlights

  • Active Adult
  • Forced Air Heating System
  • 3-minute walk to Franklin St. Park
  • No HOA

About This Home

As of May 2017

10 Unit Investment Property 2 commercial store fronts, 8 residential apartments. Close to restaurants, downtown Albany, and Times Union Center. Very Good Condition

Last Agent to Sell the Property

Brock Forkey

Expert Realty Advisors, LLC License #10491210377 Listed on: 03/07/2017

Last Buyer's Agent

non-member non member

NON MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 24x65

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,932 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for heat
  • Assessor Parcel Number 010100 00-00-0

Community Details

Overview

  • Active Adult
  • No Home Owners Association

Building Details

  • Insurance Expense $4,845

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,178

Year Built

Built in 1910

Lot Details

1,568 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 2000.0
  • Year Built: 1910
  • Directions: South Pearl St. Across from McDonalds
  • Above Grade Finished Sq Ft: 3932.0
  • Financial Details General Taxes: 1627.0
  • Financial Details School Taxes: 2550.0
  • Lot Size: 24x65
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Electric Expense Description: Estimated
  • Gas Expense Description: Estimated
  • Number of Refrigerators: 8
  • Unit Information Number Of Stoves: 8
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 3932.0
  • Owner Pays: Heat
  • Full Basement: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 904.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 00-00-0

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Insurance Expense: 4845.0

Tax Info

  • Tax Annual Amount: 4178.0
  • Tax Block: 00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Skyline View Properties Llc
Bought by
Yahala Inc
Current Estimated Value
$537,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$166,353
Interest Rate
3.92%
Mortgage Type
Seller Take Back
Estimated Equity
$371,183

Purchase Details

Listed on
Mar 7, 2017
Closed on
May 23, 2017
Sold by
Elizabeth Studio Aprtments Incorporated
Bought by
Skyline View Properties Llc
Seller's Agent
Brock Forkey
Expert Realty Advisors, LLC
Buyer's Agent
non-member non member
NON MLS OFFICE
List Price
$359,900
Sold Price
$327,500
Premium/Discount to List
-$32,400
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%

Purchase Details

Listed on
May 12, 2011
Closed on
Nov 30, 2012
Sold by
Madison Place Associates Llc
Bought by
Elizabeth Studio Apartments
Seller's Agent
Gregory Tobin
Tobin Realty
Buyer's Agent
Christopher Culihan
Coldwell Banker Prime Properties
List Price
$335,000
Sold Price
$300,000
Premium/Discount to List
-$35,000
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Original Mortgage
$200,000
Interest Rate
3.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2003
Sold by
Ploof Roger A and Ploof Maria F
Bought by
Madison Plc Asoc Llc

Purchase Details

Closed on
Jan 22, 1999
Sold by
Ploof Roger A
Bought by
Ploof Roger A and Ploof Maria F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yahala Inc $430,000 None Listed On Document
Skyline View Properties Llc $327,500 None Available
Elizabeth Studio Apartments $300,000 None Available
Madison Plc Asoc Llc $99,500 Michael Lynch
Ploof Roger A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yahala Inc $180,000
Previous Owner Elizabeth Studio Apartments $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2017 05/17/17 Sold $327,500 -9.0% $83 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $359,900 0.0% $92 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
02/03/2017 02/03/17 Price Changed $359,900 -9.8% $92 / Sq Ft
01/10/2017 01/10/17 For Sale $399,000 +33.0% $101 / Sq Ft
11/30/2012 11/30/12 Sold $300,000 -10.4% $81 / Sq Ft View Prior Sale
09/10/2012 09/10/12 Pending -- -- --
05/12/2011 05/12/11 For Sale $335,000 -- $91 / Sq Ft
Source: Global MLS

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
2025 $17,929 $433,000 $8,000 $425,000
2024 $17,929 $433,000 $8,000 $425,000
2023 $10,725 $205,000 $5,400 $199,600
2022 $9,714 $205,000 $5,400 $199,600
2021 $7,659 $146,600 $5,400 $141,200
2020 $7,444 $146,600 $5,400 $141,200
2019 $5,772 $146,600 $5,400 $141,200
2018 $7,094 $146,600 $5,400 $141,200
2017 $3,920 $146,600 $5,400 $141,200
2016 $7,199 $146,600 $5,400 $141,200
2015 $4,340 $110,000 $10,700 $99,300
2014 -- $110,000 $10,700 $99,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brock Forkey

    Expert Realty Advisors, LLC

    56 Total Sales

    Brock Forkey
    Section Image

  • n

    Buyer's Agent in 2017

    non-member non member

    NON MLS OFFICE

  • G

    Seller's Agent in 2012

    Gregory Tobin

    Tobin Realty

  • Christopher Culihan

    Buyer's Agent in 2012

    Christopher Culihan

    Coldwell Banker Prime Properties

    (518) 605-2895

    180 Total Sales

    Christopher Culihan
    Section Image
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Map

Source: Global MLS

MLS Number: 201700541

Global MLS

APN: 010100-076-049-0003-002-000-0000

New York Albany County Albany 12202 Downtown Albany

117 S Pearl St, Albany, NY

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.



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