NOT LISTED FOR SALE

Estimated Value: $112,000 - $266,000

9 Beds
3 Baths
3,564 Sq Ft
$59/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $191,500 $54 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,345/month

12 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 4-minute walk to Elizabeth Street Park
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

As of April 2022

Turnkey 3 unit in downtown Albany is ready for a new investor or owner occupy! 2nd floor tenant has been there for years and pays a reduced rent. Two units were just renovated a year ago. Easy on street parking and close to public transportation. All utilities separate, owner pays sewer and water.

Last Agent to Sell the Property

Rebecca Cavalieri

Gabler Realty, LLC License #10401240433 Listed on: 01/19/2022

Gabler Realty, LLC

Last Buyer's Agent

Virginia Rawlins

Greenwood Realty Group of NY License #10401332348

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,652

Year Built

  • Built in 1870

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 3,564 Sq Ft Home
  • Vinyl Flooring
  • Apartment Living Space in Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Schools

  • Albany High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity, gas
  • Tax Lot 80
  • Assessor Parcel Number 76.72-2-80

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,652

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1870
  • Directions: From I-87 take exit 23, for 787 toward Rensselaer, keep left towards I-787 Downtown Albany. Take exit 2 Port of Albany. Keep right and follow signs for Port of Albany. Turn left onto Vine St., then turn left onto 4th Ave. Turn left onto Clinton St.
  • Above Grade Finished Sq Ft: 3564.0
  • Architectural Style: Triplex
  • Lot Size Acres: 0.04
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Flooring:Vinyl: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement: Apartment
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Living Area: 3564.0
  • Basement:Apartment: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None37: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • 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

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 76.72-2-80
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 2652.31
  • Tax Lot: 80

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 16, 2021
Sold by
Efn Properties Llc
Bought by
Harvey Adam
Seller's Agent
Leon Levy
Berkshire Hathaway Home Services Blake
Buyer's Agent
Rebecca Cavalieri
Brilliant Home Realty
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$208,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,767
Avg. Annual Appreciation
4.43%
Original Mortgage
$127,425
Outstanding Balance
$114,164
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$94,503

Purchase Details

Listed on
Nov 10, 2020
Closed on
Jan 12, 2021
Sold by
Brazner Steven and Nolan Kathleen M
Bought by
Fen Properties Llc
Seller's Agent
Donna Toussaint
518 Realty.Com Inc
Buyer's Agent
T Michael Ferrigan
Berkshire Hathaway Home Services Blake
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15506.28%

Purchase Details

Closed on
Jun 1, 2007
Sold by
Fremont Investment & Loan
Bought by
Matthews Terrence

Purchase Details

Closed on
May 22, 2007
Sold by
Fremont Investment & Loan
Bought by
Matthews Terrence

Purchase Details

Closed on
Feb 27, 2007

Purchase Details

Closed on
Jul 11, 2005
Sold by
Wells Fargo Bank Minnesot A Na
Bought by
Wadjas Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
9.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2000

Purchase Details

Closed on
Mar 23, 2000
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
Harvey Adam $170,000 Legacy Title Services Llc
Fen Properties Llc $72,000 Legacy Title Services Llc
Matthews Terrence $26,000 --
Matthews Terrence $26,000 None Available
-- $500 --
Mortgage Electronic Registration Systems $500 None Available
Wadjas Michael $40,000 --
-- $20,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harvey Adam $127,425
Previous Owner Wadjas Michael $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2022 04/27/22 Sold $191,500 -4.2% $54 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $199,900 +17.7% $56 / Sq Ft
03/16/2021 03/16/21 Sold $169,900 0.0% $48 / Sq Ft View Prior Sale
02/11/2021 02/11/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $169,900 +136.0% $48 / Sq Ft
01/12/2021 01/12/21 Sold $72,000 -19.9% $20 / Sq Ft View Prior Sale
11/24/2020 11/24/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $89,900 0.0% $25 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/11/2020 10/11/20 For Sale $89,900 -- $25 / 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 $3,016 $74,000 $14,800 $59,200
2023 $2,556 $58,000 $11,600 $46,400
2022 $2,505 $58,000 $11,600 $46,400
2021 $2,500 $58,000 $11,600 $46,400
2020 $2,201 $58,000 $11,600 $46,400
2019 $2,283 $58,000 $11,600 $46,400
2018 $2,947 $58,000 $11,600 $46,400
2017 $1,297 $58,000 $11,600 $46,400
2016 $2,643 $58,000 $11,600 $46,400
2015 $1,201 $54,000 $19,800 $34,200
2014 -- $54,000 $19,800 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202210782

Global MLS

APN: 010100-076-072-0002-080-000-0000