NOT LISTED FOR SALE

Estimated Value: $326,000 - $379,080

5 Beds
3 Baths
2,838 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $350,000 $123 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,258/month

6 Days on Market

Highlights

  • Cathedral Ceiling
  • 3 Fireplaces
  • Built-In Features
  • Wood Flooring
  • No HOA
  • 3-minute walk to Philip Street Park

About This Home

As of April 2024

Investment Opportunity in Downtown Albany!

An historic building of 1872, the residential building is located in Albany's Mansion Historic District. Built by James Gillespie Mason, this brick, multi family complex details exquisite architectural feats throughout the entire building.

With intricately detailed moulding, the building has loads of charm throughout each of the 3 units. Some of the unique features: exposed brick walls, original wide plank wood floors, & exposed wood beams in the garden level.

This extraordinary building offers a proximity to all that downtown Albany has to offer. Nearby entertainment & cultural institutions include the MVP Arena, Palace Theatre, The Egg Performing Arts Center, Empire State Plaza, State Capitol, the NYS Museum, Grand St Community Arts.

Last Agent to Sell the Property

Michelle Andzel Graziano

Four Seasons Sotheby's International Realty Brokerage Phone: 518.580.8500 License #10401368075 Listed on: 02/07/2024

Four Seasons Sotheby's International Realty

Co-Listed By

Katie O'keefe

Four Seasons Sotheby's International Realty Brokerage Phone: 518.580.8500 License #10401289030

Last Buyer's Agent

Samara Boland

Vera Cohen Realty, LLC License #10401349619

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,910

Year Built

  • Built in 1872

Lot Details

  • 2,614 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,838 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Paddle Fans
  • 3 Fireplaces
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Ceramic Tile in Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Finished Basement Bathroom

Home Security

  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Albany High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for internet, cable TV, electricity
  • The owner pays for trash collection, snow removal, heat
  • Legal Lot and Block 56.000 / 2
  • Assessor Parcel Number 010100 76.57-2-56

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,910

Year Built

Built in 1872

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Zoning: Multi Residence
  • Year Built: 1872
  • Directions: Off Madison Avenue
  • Above Grade Finished Sq Ft: 2838.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 2070.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2694.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.06
  • Sale Detail Seller Contribution: No
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Unit Information Number Of Washers: 1
  • Co List Office Mls Id: o1994A
  • Co List Office Phone: 518-580-8500
  • Attribution Contact: 518.580.8500
  • Fencing:Back Yard: Yes
  • Fencing:Privacy: Yes
  • Percent Basement Finished: Yes
  • Flooring:Hardwood: Yes
  • Basement Heated: Yes
  • Fencing:Fenced: Yes
  • Fencing:Wood4: Yes
  • Laundry Features:Common Area: Yes
  • Foundation Details:BrickMortar: Yes
  • Fencing:Security2: Yes
  • Levels Tri-Level: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: Apartment, Exterior Entry, Finished, Full, Heated, Interior Entry, Walk-Out Access
  • Interior Amenities: Paddle Fan, High Speed Internet, Built-in Features, Cathedral Ceiling(s), Ceramic Tile Bath, Crown Molding
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Living Area: 2838.0
  • Bathroom Levels Full Bathroom 1: Basement
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Owner Pays: Trash Collection, Snow Removal, Heat
  • Fireplace: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Full Basement: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Basement:Apartment: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Brick
  • Fencing: Privacy, Security, Wood, Back Yard, Fenced, Gate
  • Foundation Details: Brick/Mortar
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Common Area
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s), Closed Circuit Camera(s)
  • 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
  • Unit 2 Amenities:Crown Molding3: Yes
  • Unit 3 Amenities:Built-in Features6: Yes
  • Unit 3 Amenities:Crown Molding4: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level, Cleared
  • Parcel #: 010100 76.57-2-56
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Internet, Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 4910.13
  • Tax Block: 2
  • Tax Lot: 56.000

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Apr 1, 2024
Sold by
Dreams Reborn Llc
Bought by
Brown Leslie
Seller's Agent
Michelle Andzel Graziano
Four Seasons Sotheby's International Realty
Buyer's Agent
Samara Boland
Vera Cohen Realty, LLC
List Price
$349,999
Sold Price
$350,000
Premium/Discount to List
$1
0.0%
Views
30
Current Estimated Value
$346,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,973
Avg. Annual Appreciation
-0.68%
Original Mortgage
$262,500
Outstanding Balance
$258,495
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$87,532

Purchase Details

Closed on
Jul 18, 2022
Sold by
Bertram Jackson
Bought by
Dreams Reborn Llc

Purchase Details

Listed on
Mar 1, 2021
Closed on
Nov 4, 2021
Sold by
Robert Kolatac
Bought by
Jackson Bertram
Seller's Agent
Samantha Curry
New Scotland Realty
Buyer's Agent
Robert Chartier
RE/MAX Platinum
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.59%
Original Mortgage
$261,146
Interest Rate
3.14%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 2005
Sold by
Graham Susan
Bought by
Kolatac Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Miller Dorothy
Bought by
Graham Susan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brown Leslie $1,255,250 Chicago Title
Dreams Reborn Llc -- None Listed On Document
Jackson Bertram $185,000 None Listed On Document
Kolatac Kathleen $162,000 Susan Hoblock
Graham Susan $69,000 Timothy J Elliott
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Leslie $262,500
Previous Owner Jackson Bertram $261,146
Previous Owner Kolatac Kathleen $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Sold $350,000 0.0% $123 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $349,999 +89.2% $123 / Sq Ft
11/05/2021 11/05/21 Sold $185,000 -5.1% $65 / Sq Ft View Prior Sale
04/10/2021 04/10/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $195,000 -- $69 / 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 $5,228 $187,000 $37,400 $149,600
2023 $4,764 $114,000 $22,800 $91,200
2022 $4,664 $114,000 $22,800 $91,200
2021 $4,654 $114,000 $22,800 $91,200
2020 $4,325 $114,000 $22,800 $91,200
2019 $4,488 $114,000 $22,800 $91,200
2018 $4,336 $114,000 $22,800 $91,200
2017 $1,655 $114,000 $22,800 $91,200
2016 $4,205 $114,000 $22,800 $91,200
2015 $5,028 $137,000 $27,400 $109,600
2014 -- $137,000 $27,400 $109,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202411717

Global MLS

APN: 010100-076-057-0002-056-000-0000