NOT LISTED FOR SALE

Estimated Value: $86,081 - $308,000

6 Beds
3 Baths
3,375 Sq Ft
$56/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $15,000 $4 Per Sq Ft

Est. 1,170% increase in value since last sale

Current estimated payment $1,126/month

299 Days on Market

Highlights

  • Senior Community
  • Level Lot
  • 2-minute walk to Elizabeth Street Park
  • No HOA
  • Heating System Uses Natural Gas

About This Home

As of November 2016

Needs plumbing, electrical, and 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: 08/01/2016

Keller Williams Capital District

Co-Listed By

Lynne McKee

Keller Williams Capital District License #40MC1124962

Last Buyer's Agent

George Yhap

Keller Williams Capital District

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,148

Year Built

  • Built in 1889

Lot Details

  • Lot Dimensions are 48.5 x 55
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,375 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • Senior Community
  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 3
  • Assessor Parcel Number 010100 76.64-3-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,148

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1889
  • Directions: South Pearl St to West on 4th Ave
  • Above Grade Finished Sq Ft: 3375.0
  • Lot Size: 48.5 x 55
  • Possession Possession Legacy: At Closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Co List Office Mls Id: o2015D
  • Co List Office Phone: 518-591-4600
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 3375.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Brick
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Heating:None14: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 76.64-3-3

Tax Info

  • Tax Block: 3
  • Tax Lot: 3
  • Tax Tract: 76.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Nov 14, 2016
Sold by
The Albany County Land Bank Corporation
Bought by
Campbell Sheldon
Seller's Agent
Peter McKee-Keller Williams CD
Keller Williams Capital District
Buyer's Agent
George Yhap
Keller Williams Capital District
List Price
$20,000
Sold Price
$15,000
Premium/Discount to List
-$5,000
-25%
Current Estimated Value
$190,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,520
Avg. Annual Appreciation
33.44%

Purchase Details

Closed on
Feb 12, 2007
Sold by
Ferguson Kathy
Bought by
Lamishaw Hilary

Purchase Details

Closed on
Dec 14, 2006
Sold by
Lamishaw Hilary and Buschman Regina
Bought by
Gerdes Nancy
Source: Public Records

Range of Values:

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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
Campbell Sheldon $15,000 None Available
Lamishaw Hilary -- --
Gerdes Nancy $50,000 --
Gerdes Nancy $50,000 Trinity Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerdes Richard $300,000
Closed Campbell Sheldon $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2016 11/14/16 Sold $15,000 -25.0% $4 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $20,000 +33.3% $6 / Sq Ft
07/31/2016 07/31/16 Off Market $15,000 -- --
01/07/2016 01/07/16 Price Changed $20,000 -20.0% $6 / Sq Ft
10/23/2015 10/23/15 For Sale $25,000 -- $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 $1,148 $59,000 $11,800 $47,200
2023 $591 $15,000 $0 $15,000
2022 $848 $15,000 $4,600 $10,400
2021 $847 $15,000 $4,600 $10,400
2020 $806 $15,000 $4,600 $10,400
2019 $591 $15,000 $4,600 $10,400
2018 $4,147 $15,000 $4,600 $10,400
2017 $1,050 $15,000 $4,600 $10,400
2016 $1,159 $15,000 $4,600 $10,400
2015 -- $15,000 $5,900 $9,100
2014 -- $85,000 $5,900 $79,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201523200

Global MLS

APN: 010100-076-064-0003-003-000-0000