NOT LISTED FOR SALE

159 S Lake Ave Albany, NY 12208

Pine Hills Neighborhood

Estimated Value: $415,503

-- Bed
4 Baths
3,084 Sq Ft
$135/Sq Ft Est. Value

Last Sold November 12, 2013

Last sale price $245,000 $79 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,001/month

33 Days on Market

Highlights

  • Senior Community
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • No HOA
  • Zoned Heating

About This Home

As of November 2013

Incredible unique property! One of Albany's finest in a fantastic location. Blocks from Washington Park and just steps away from hospital, law school and pharmacy school. No shortage of tenants for these beautiful units. Perfect for owner occupancy with spacious first floor unit. Features incl. HW flrs, ornate woodwork, updated heating. Property is owned by the agent. Good Condition

Last Agent to Sell the Property

Gilah Moses

The Polsinello Group LLC Listed on: 09/22/2013

Last Buyer's Agent

Gilah Moses

Four Seasons Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1923

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 3,084 Sq Ft Home
  • Partial Basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System

Community Details

  • Senior Community
  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 18 / 4
  • Assessor Parcel Number 010100 75.28-4-18

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,200

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1923
  • Directions: New Scotland to South Lake, second house from corner
  • Above Grade Finished Sq Ft: 3084.0
  • Lot Size Acres: 0.17
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Special Features: None

Interior Features

  • Basement: Partial
  • Living Area: 3084.0
  • Basement:Partial: Yes

Exterior Features

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Hot Water, Radiant, Zoned, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes
  • Heating:Zoned: 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

  • Parcel #: 010100 75.28-4-18
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5200.0
  • Tax Block: 4
  • Tax Lot: 18
  • Tax Tract: 75.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2013
Closed on
Nov 12, 2013
Sold by
159 South Lake Llc
Bought by
Carboo Llc
Seller's Agent
Gilah Moses
The Polsinello Group LLC
Buyer's Agent
Gilah Moses
Four Seasons Sotheby's International Realty
List Price
$299,000
Sold Price
$245,000
Premium/Discount to List
-$54,000
-18.06%
Current Estimated Value
$415,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,503
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
Jul 18, 2011
Sold by
Moses Gilah R and Mayer Gilah R
Bought by
159 South Lake Llc
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
Carboo Llc $245,000 None Available
159 South Lake Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carboo Llc $1,455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2013 11/12/13 Sold $245,000 -18.1% $79 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
09/22/2013 09/22/13 For Sale $299,000 -- $97 / 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 $8,710 $298,000 $27,000 $271,000
2023 $8,412 $213,400 $18,900 $194,500
2022 $8,225 $213,400 $18,900 $194,500
2021 $8,206 $213,400 $18,900 $194,500
2020 $8,194 $213,400 $18,900 $194,500
2019 $8,402 $213,400 $18,900 $194,500
2018 $8,116 $213,400 $18,900 $194,500
2017 $3,098 $213,400 $18,900 $194,500
2016 $7,871 $213,400 $18,900 $194,500
2015 $7,832 $213,400 $13,200 $200,200
2014 -- $213,400 $13,200 $200,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gilah Moses

    The Polsinello Group LLC

See All Agents

Map

Source: Global MLS

MLS Number: 201329280

Global MLS

APN: 010100-075-028-0004-018-000-0000

New York Albany County Albany 12208 Pine Hills

159 S Lake Ave, Albany, NY

This home is located at 159 S Lake Ave, Albany, NY 12208 since 22 September 2013 and is currently estimated at $415,503, approximately $134 per square foot. This property was built in 1923. 159 S Lake Ave is a home located in Albany County with nearby schools including New Scotland Elementary School, William S Hackett 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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