NOT LISTED FOR SALE

Estimated Value: $219,000 - $341,000

6 Beds
3 Baths
2,970 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $225,000 $76 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,588/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bathroom on Main Level
  • Albany High School Rated A-
  • Window Unit Cooling System
  • 1-minute walk to Malcolm X Community Park

About This Home

As of February 2024

Gorgeous three-family house in the center of Albany's downtown! Very close to state buildings, shopping centers, the bus stop, and many more locations. All of the renters pay their rent on time.
Presently bringing in $2800 a month. Can bring in roughly $3400 a month in the present economy.
Great opportunity for investors!!!

Last Agent to Sell the Property

Asif Mahamud

Realty One Group Key License #10401341945 Listed on: 10/30/2023

Realty One Group Key

Last Buyer's Agent

Monika Cronin

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,243

Year Built

  • Built in 1878

Lot Details

  • 1,742 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,970 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

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

Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Schools

  • Albany High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010100 65.73-2-85

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,243

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1878
  • Directions: Between Sheridan Avenue and Orange St. Located on Lark St.
  • Above Grade Finished Sq Ft: 2970.0
  • Lot Size Acres: 0.04
  • Sale Detail Seller Contribution: Yes
  • Rental Income: 2900.0
  • Rental Income Description: Actual
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Electric:Circuit Breakers: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: Apartment, Full
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 2970.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Full Basement: Yes
  • Basement:Apartment: Yes

Exterior Features

  • Roof: Flat
  • Construction Type: Brick
  • Fencing: Back Yard
  • Waterfront: No
  • Exterior Features:Other58: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heating: Baseboard, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.73-2-85
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3243.0

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Feb 8, 2024
Sold by
Akter Salma
Bought by
Collins Myia N
Seller's Agent
Asif Mahamud
Realty One Group Key
Buyer's Agent
Monika Cronin
Howard Hanna Capital Inc
List Price
$210,000
Sold Price
$225,000
Premium/Discount to List
$15,000
7.14%
Views
27
Current Estimated Value
$255,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,136
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Feb 16, 2005
Sold by
Polanco Carmen
Bought by
Wansley Terrance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2005
Sold by
Wansley Lisa
Bought by
Wansley Terrance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2004
Sold by
Allen Columbus
Bought by
Polanco Carmen

Purchase Details

Closed on
May 2, 1996
Sold by
Jordon Paul B and Jordon Jane R
Bought by
Allen Columbus
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
Collins Myia N $220,000 Stewart Title
Wansley Terrance $106,000 Robert A Bosman
Wansley Terrance -- None Available
Polanco Carmen $72,900 --
Allen Columbus $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wansley Terrance $95,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2024 02/08/24 Sold $225,000 +7.1% $76 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $210,000 +40.0% $71 / Sq Ft
03/11/2020 03/11/20 Sold $150,000 -5.7% $51 / Sq Ft View Prior Sale
01/15/2020 01/15/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $159,000 -- $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 $3,206 $150,000 $30,000 $120,000
2023 $3,029 $70,000 $14,000 $56,000
2022 $2,968 $70,000 $14,000 $56,000
2021 $2,962 $70,000 $14,000 $56,000
2020 $2,656 $70,000 $14,000 $56,000
2019 $3,029 $70,000 $14,000 $56,000
2018 $2,662 $70,000 $14,000 $56,000
2017 $3,029 $70,000 $14,000 $56,000
2016 $2,582 $70,000 $14,000 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202327406

Global MLS

APN: 010100 65.73-2-85