NOT LISTED FOR SALE

140 Homestead Ave Albany, NY 12203

Melrose Neighborhood

Estimated Value: $336,000 - $398,000

6 Beds
2 Baths
2,624 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $226,000 $86 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,730/month

107 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Hot Water Heating System

About This Home

As of March 2014

Well maintained two family home in prime upper Western Avenue rental market. New kitchen and bathroom floors and new kitchen appliances. Hardwood floors thoughout. Front and rear porches. Two car detached garage. Perfect for owner occupant. Very Good Condition

Last Agent to Sell the Property

Fraida Varah

Fraida Varah Real Estate Group Listed on: 10/21/2013

Co-Listed By

Anthony Garufi

Fraida Varah Real Estate Group License #49GA0915549

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

  • $7,173

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 40 x 125

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • 2,624 Sq Ft Home
  • Duplex
  • Aluminum Siding

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

Listing and Financial Details

  • Legal Lot and Block 34 / 3
  • Assessor Parcel Number 010100 64.34-3-34

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,173

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Directions: Heading West on Washington Avenue, 1 Block west of Manning Boulevard turn left onto Homestead
  • Above Grade Finished Sq Ft: 2624.0
  • Financial Details General Taxes: 2796.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 4377.0
  • School Taxes Description: Actual
  • Lot Size: 40 x 125
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: Immediate
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o132A
  • Co List Office Phone: 518-438-9302
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2624.0
  • Fireplace: No
  • Full Basement: Yes

Exterior Features

  • Construction Type: Aluminum Siding
  • Construction Materials:Aluminum Siding: 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

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 64.34-3-34

Tax Info

  • Tax Annual Amount: 7173.0
  • Tax Block: 3
  • Tax Lot: 34
  • Tax Tract: 64.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Flatiron Restoration Llc
Bought by
Smith Christopher M
Current Estimated Value
$367,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,932
Outstanding Balance
$327,022
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$25,877

Purchase Details

Closed on
Feb 2, 2018
Sold by
Coughlin April B
Bought by
Flatiron Restoration Llc

Purchase Details

Listed on
Oct 21, 2013
Closed on
Apr 10, 2014
Sold by
Varga Albany Co Llc
Bought by
Coughlin April B
Seller's Agent
Fraida Varah
Fraida Varah Real Estate Group
Buyer's Agent
Jim McLoughlin
Coldwell Banker Prime Properties
List Price
$245,000
Sold Price
$226,000
Premium/Discount to List
-$19,000
-7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$177,600
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Nowosielski Paul
Bought by
Varga Albany Co Llc

Purchase Details

Closed on
Dec 11, 1998
Sold by
Derman Carol
Bought by
Shorter Patrick E and Shorter Eileen M

Purchase Details

Closed on
Oct 16, 1998

Purchase Details

Closed on
Aug 6, 1998

Purchase Details

Closed on
Apr 8, 1998
Source: Public Records

Range of Values:

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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
Smith Christopher M -- None Listed On Document
Flatiron Restoration Llc -- None Available
Coughlin April B $226,000 None Available
Varga Albany Co Llc $145,000 Scott S Davidoff
Shorter Patrick E $87,000 --
-- -- --
-- -- --
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Christopher M $328,932
Previous Owner Coughlin April B $177,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $226,000 -7.8% $86 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
10/20/2013 10/20/13 For Sale $245,000 -- $93 / 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 $8,747 $335,000 $67,000 $268,000
2023 $8,655 $215,000 $43,000 $172,000
2022 $8,467 $215,000 $43,000 $172,000
2021 $8,448 $215,000 $43,000 $172,000
2020 $8,157 $215,000 $43,000 $172,000
2019 $7,970 $215,000 $43,000 $172,000
2018 $8,177 $215,000 $43,000 $172,000
2017 $3,121 $215,000 $43,000 $172,000
2016 $7,930 $215,000 $43,000 $172,000
2015 $7,432 $200,400 $40,100 $160,300
2014 -- $200,400 $40,100 $160,300
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2014

    Fraida Varah

    Fraida Varah Real Estate Group

  • A

    Seller Co-Listing Agent in 2014

    Anthony Garufi

    Fraida Varah Real Estate Group

  • J

    Buyer's Agent in 2014

    Jim McLoughlin

    Coldwell Banker Prime Properties

    (518) 370-2100

    5 in this area

    51 Total Sales

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Map

Source: Global MLS

MLS Number: 201331367

Global MLS

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

New York Albany County Albany 12203 Melrose

140 Homestead Ave, Albany, NY

This home is located at 140 Homestead Ave, Albany, NY 12203 since 21 October 2013 and is currently estimated at $361,466, approximately $137 per square foot. This property was built in 1925. 140 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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