NOT LISTED FOR SALE

122 Homestead Ave Albany, NY 12203

Melrose Neighborhood

Estimated Value: $324,000 - $358,000

6 Beds
2 Baths
2,464 Sq Ft
$140/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $220,000 $89 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,554/month

1 Day on Market

Highlights

  • Full Attic
  • 2 Car Detached Garage
  • Level Lot
  • No HOA
  • Hot Water Heating System
  • Wood Siding

About This Home

As of February 2015

Sold Before Print -- Excellent Condition

Last Agent to Sell the Property

John DiBlasi

DiBlasi Real Estate Listed on: 01/13/2015

Last Buyer's Agent

Jim McLoughlin

Coldwell Banker Prime Properties License #30MC0776074

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,286

Year Built

  • Built in 1932

Lot Details

  • Lot Dimensions are 40x125
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Siding
  • Asphalt

Interior Spaces

  • 2,464 Sq Ft Home
  • Full Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Basement

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

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 41 / 3
  • Assessor Parcel Number 010100 64-3-41

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,286

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1932
  • Directions: Homestead Ave between Washington Ave and Melrose Ave
  • Above Grade Finished Sq Ft: 2464.0
  • Lot Size: 40x125
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: At Close
  • Sale Detail Seller Contribution: No
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2464.0
  • Fireplace: No
  • Full Basement: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Radiant, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • 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:Built-in Features4: Yes
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 1 Amenities:Walk-In Closet(s)4: Yes
  • Unit 2 Amenities:Built-in Features5: Yes
  • Unit 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 64-3-41

Tax Info

  • Tax Annual Amount: 8286.0
  • Tax Block: 3
  • Tax Lot: 41
  • Tax Tract: 64

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2015
Closed on
Feb 25, 2015
Sold by
Gervasi Phillip S and Mattei Gervase Nina
Bought by
Brayer John
Seller's Agent
John DiBlasi
DiBlasi Real Estate
Buyer's Agent
Jim McLoughlin
Coldwell Banker Prime Properties
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$346,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,117
Avg. Annual Appreciation
4.41%
Original Mortgage
$216,015
Outstanding Balance
$164,026
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$182,092

Purchase Details

Closed on
Nov 10, 2010
Sold by
Gervase Stephen
Bought by
Gervase Stephen and Gervase Nina Mattei

Purchase Details

Closed on
Jul 30, 2007
Sold by
Carolfano Carmela
Bought by
Gervase Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 2001
Sold by
Brin Thomas A Sharon L
Bought by
Carofano Carmela
Source: Public Records

Range of Values:

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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
Brayer John $220,000 None Available
Gervase Stephen -- None Available
Gervase Stephen $255,000 --
Gervase Stephen $255,000 None Available
Carofano Carmela $117,500 Kevin G Caslin
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brayer John $216,015
Previous Owner Gervase Stephen $204,000
Previous Owner Gervase Stephen $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $220,000 0.0% $89 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $220,000 -- $89 / 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 $8,069 $315,000 $63,000 $252,000
2023 $8,366 $221,000 $44,200 $176,800
2022 $8,107 $221,000 $44,200 $176,800
2021 $8,063 $221,000 $44,200 $176,800
2020 $7,747 $221,000 $44,200 $176,800
2019 $8,701 $221,000 $44,200 $176,800
2018 $7,755 $221,000 $44,200 $176,800
2017 $3,208 $221,000 $44,200 $176,800
2016 $7,527 $221,000 $44,200 $176,800
2015 $7,595 $220,000 $46,300 $173,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John DiBlasi

    DiBlasi Real Estate

  • J

    Buyer's Agent in 2015

    Jim McLoughlin

    Coldwell Banker Prime Properties

    (518) 370-2100

    5 in this area

    51 Total Sales

    Jim McLoughlin
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Map

Source: Global MLS

MLS Number: 201500701

Global MLS

APN: 010100-064-034-0003-041-000-0000

New York Albany County Albany 12203 Melrose

122 Homestead Ave, Albany, NY

This home is located at 122 Homestead Ave, Albany, NY 12203 since 13 January 2015 and is currently estimated at $346,117, approximately $140 per square foot. This property was built in 1932. 122 Homestead Ave is a home located in Albany County with nearby schools including Pine Hills Elementary School, Stephen And Harriet Myers Middle School, and Albany High School.

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.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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