NOT LISTED FOR SALE

157 Terrace Ave Albany, NY 12203

Melrose Neighborhood

Estimated Value: $335,000 - $382,515

4 Beds
2.5 Baths
1,692 Sq Ft
$213/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $224,900 $133 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,673/month

4 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Porch
  • Eat-In Kitchen

About This Home

As of June 2019

MUCH Bigger than it looks! Perfect one-floor living in one of Albany's most-attractive (MELROSE) neighborhood! JUST UNDER 1700 SF 4 BR 2.5 Bath Brick Ranch (builder's home!)walking distance to Bus,Shopping,Dining,Colleges & More. HW Flrs, LG Eat-In Kitchen (w/ new appliances), Formal DR, 3 Season Rm, Bay Window,Bsmnt-Rec Room w/Bar and full bath! 1st flr handicap access bath, FRESHLY PAINTED! Excellent Condition

Last Agent to Sell the Property

Michael Field

Field Realty License #10491203035 Listed on: 03/16/2019

Co-Listed By

Frederick Field

Field Realty License #10371200745

Last Buyer's Agent

Kathleen Schnitzer

Equitas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,339

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 57x125
  • Privacy Fence
  • Landscaped
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt

Interior Spaces

  • 1,692 Sq Ft Home
  • Built-In Features
  • Paddle Fans
  • French Doors
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 8 / 3
  • Assessor Parcel Number 010100 64-3-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,339

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Directions: Washington Ave to Terrace or Western Ave to Terrace.
  • Above Grade Finished Sq Ft: 1692.0
  • Architectural Style: Ranch
  • Financial Details General Taxes: 2785.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4554.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.16
  • Lot Size: 57x125
  • New Construction: No
  • Possession Possession Legacy: Based on Purchasers finding home
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o2381A
  • Co List Office Phone: 518-495-1877
  • Subdivision Name: Melrose
  • Garage Yn: Yes
  • Fencing:Privacy: Yes
  • Percent Basement Finished: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Wood: Yes
  • Laundry Features:In Basement: Yes
  • Laundry Features:Common Area: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood, Ceramic Tile
  • Basement: Finished, Full
  • Interior Amenities: High Speed Internet, Paddle Fan, Built-in Features, Eat-in Kitchen
  • Appliances: Dishwasher, Oven, Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Living Area: 1692.0
  • Appliances Dishwasher: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Full Basement: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Attic Features:Hatch: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Interior Features:Built-in Features: Yes

Exterior Features

  • Exterior Features: Lighting
  • Roof: Asphalt
  • Construction Type: Brick
  • Fencing: Privacy
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Door Features:French Doors: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Off Street, Attached
  • Attached Garage: Yes
  • Property Detail:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Heating: Baseboard, Hot Water, Natural Gas
  • Laundry Features: Common Area, In Basement
  • Security: Security System
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level, Landscaped
  • Parcel #: 010100 64-3-8
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7339.0
  • Tax Block: 3
  • Tax Lot: 8
  • Tax Tract: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2019
Closed on
May 31, 2019
Sold by
Simcoe Thomas W and Simcoe Jiyoon
Bought by
Rosi Olga
Seller's Agent
Michael Field
Field Realty
Buyer's Agent
Kathleen Schnitzer
Equitas Realty
List Price
$224,900
Sold Price
$224,900
Current Estimated Value
$359,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,979
Avg. Annual Appreciation
7.80%
Original Mortgage
$191,165
Outstanding Balance
$169,810
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$188,431

Purchase Details

Closed on
Aug 10, 2009
Sold by
Simcoe Charles R and Simcoe Mary A
Bought by
Simcoe Thomas W and Simcoe Jiyoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1999
Sold by
Weinman Louis F
Bought by
Simcoe Charles R and Simcoe Mary A
Source: Public Records

Range of Values:

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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
Rosi Olga $225,000 None Available
Simcoe Thomas W $180,000 None Available
Simcoe Charles R $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosi Olga $191,165
Previous Owner Simcoe Thomas W $2,977
Previous Owner Simcoe Thomas W $715
Previous Owner Simcoe Thomas W $20,850
Previous Owner Simcoe Thomas W $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $224,900 0.0% $133 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $224,900 -- $133 / 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 $8,542 $350,000 $70,000 $280,000
2023 $7,698 $193,000 $39,000 $154,000
2022 $7,529 $193,000 $39,000 $154,000
2021 $7,512 $193,000 $39,000 $154,000
2020 $7,323 $193,000 $39,000 $154,000
2019 $7,598 $193,000 $39,000 $154,000
2018 $6,690 $193,000 $39,000 $154,000
2017 $6,509 $193,000 $39,000 $154,000
2014 -- $195,000 $50,300 $144,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Field

    Seller's Agent in 2019

    Michael Field

    Field Realty

    (518) 669-1804

    382 Total Sales

    Section Image

  • F

    Seller Co-Listing Agent in 2019

    Frederick Field

    Field Realty

    98 Total Sales

    Section Image

  • K

    Buyer's Agent in 2019

    Kathleen Schnitzer

    Equitas Realty

See All Agents

Map

Source: Global MLS

MLS Number: 201914402

Global MLS

APN: 010100-064-034-0003-008-000-0000

New York Albany County Albany 12203 Melrose

157 Terrace Ave, Albany, NY

This home is located at 157 Terrace Ave, Albany, NY 12203 since 16 March 2019 and is currently estimated at $359,879, approximately $212 per square foot. This property was built in 1960. 157 Terrace 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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