NOT LISTED FOR SALE

Estimated Value: $21,000 - $168,000

4 Beds
2 Baths
2,080 Sq Ft
$36/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $9,000 $4 Per Sq Ft

Est. 742% increase in value since last sale

Current estimated payment $465/month

315 Days on Market

Highlights

  • No HOA
  • Heating System Uses Natural Gas
  • 5-minute walk to Elizabeth Street Park

About This Home

As of August 2016

2 Unit apartment building with no infrastructure in place. Needs plumbing, electrical, heating systems, and rehab. Sold As-Is. Buyer needs to provide redevelopment plan, management plan and proof of funding. Buyer to complete Albany Land Bank application to start purchase process. Owned by Albany Land Bank Corporation. Do not use CRMLS Purchase Docs, use Purchase Application form provided in Associated Docs to get started. Purchase subject to approval by Albany County Land Bank Board of Directors. Poor Condition

Last Agent to Sell the Property

Peter McKee-Keller Williams CD

Keller Williams Capital District License #30MC0967561 Listed on: 09/08/2015

Keller Williams Capital District

Co-Listed By

Lynne McKee

Keller Williams Capital District License #40MC1124962

Last Buyer's Agent

Peter McKee-Keller Williams CD

Keller Williams Capital District License #30MC0967561 Listed on: 09/08/2015

Keller Williams Capital District

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $795

Year Built

  • Built in 1890

Lot Details

  • 1,307

Home Design

  • Duplex
  • Clapboard

Interior Spaces

  • 2,080 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 20.1 x 66
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 43 / 3
  • Assessor Parcel Number 010100 76.73-3-43

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$795

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Directions: 2nd Ave to Broad St
  • Above Grade Finished Sq Ft: 2080.0
  • Lot Size: 20.1 x 66
  • New Construction: No
  • Possession Possession Legacy: At Closing
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o2015D
  • Co List Office Phone: 518-591-4600
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 2080.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Clapboard
  • Construction Materials:Clapboard2: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Other, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Other46: 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 76.73-3-43

Tax Info

  • Tax Block: 3
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2015
Closed on
Aug 29, 2016
Sold by
The Albany County Land Bank Corp
Bought by
Gul Seema
Seller's Agent
Peter McKee-Keller Williams CD
Keller Williams Capital District
Buyer's Agent
Peter McKee-Keller Williams CD
Keller Williams Capital District
List Price
$15,000
Sold Price
$9,000
Premium/Discount to List
-$6,000
-40%
Current Estimated Value
$75,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,778
Avg. Annual Appreciation
25.84%
Original Mortgage
$9,000
Outstanding Balance
$7,189
Interest Rate
3.43%
Estimated Equity
$68,589

Purchase Details

Closed on
Jun 18, 2015
Sold by
The County Of Albany
Bought by
The Albany County Land Bank Corp

Purchase Details

Closed on
Feb 20, 2015
Sold by
The County Of Albany
Bought by
The Albany County Land Bank Corp

Purchase Details

Closed on
Aug 15, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 11, 2007
Sold by
Mann Rosalia
Bought by
64 Broad St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,251
Interest Rate
6.39%

Purchase Details

Closed on
Jul 16, 2003

Purchase Details

Closed on
Jan 2, 2002

Purchase Details

Closed on
Sep 21, 2001
Sold by
Nastke Jason J
Bought by
Capital District Property Investors Inc

Purchase Details

Closed on
Aug 17, 2001
Sold by
Capital District Property Investors
Bought by
Laroche Maryann

Purchase Details

Closed on
Nov 30, 1998
Sold by
Bank Ocwen Federal Fsb
Bought by
Nastke Jason

Purchase Details

Closed on
Sep 10, 1998
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
Gul Seema -- None Available
The Albany County Land Bank Corp -- None Available
The Albany County Land Bank Corp -- None Available
County Of Albany -- None Available
-- -- --
Mensah Loyan -- None Available
64 Broad St Llc $46,000 --
64 Broad St Llc $46,000 None Available
-- $62,498 --
-- -- --
Capital District Property Investors Inc $13,500 --
Laroche Maryann $65,000 --
Nastke Jason $25,000 --
-- $12,835 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gul Seema $9,000
Previous Owner Mensah Loyan $50,000
Previous Owner 64 Broad St Llc $35,251
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $9,000 -25.0% $4 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
01/07/2016 01/07/16 Price Changed $12,000 -20.0% $6 / Sq Ft
09/08/2015 09/08/15 For Sale $15,000 -- $7 / 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 $795 $10,000 $10,000 $0
2023 $181 $4,600 $4,600 $0
2022 $881 $4,600 $4,600 $0
2021 $881 $4,600 $4,600 $0
2020 $685 $15,000 $4,600 $10,400
2019 $591 $15,000 $4,600 $10,400
2018 $1,043 $15,000 $4,600 $10,400
2017 $0 $15,000 $4,600 $10,400
2016 $0 $15,000 $4,600 $10,400
2015 -- $15,000 $1,500 $13,500
2014 -- $65,000 $20,800 $44,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201519679

Global MLS

APN: 010100-076-073-0003-043-000-0000