NOT LISTED FOR SALE

Estimated Value: $182,000 - $601,000

4 Beds
2 Baths
1,480 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $234,000 $158 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,974/month

25 Days on Market

Highlights

  • No HOA
  • Bay Window
  • Forced Air Heating System
  • Covered patio or porch
  • Bathroom on Main Level
  • Hot Water Heating System

About This Home

As of January 2024

Move in ready-Multi unit. Multi-unit is fully rented with long term tenants. Numerous upgrades, including brand-new appliances, furnace, hot water tank. This Property offers back porch, private yard. Why Rent When You Can Own for Less. Low Taxes a Plus!

Last Agent to Sell the Property

Brooke Stack

NAI Platform LLC License #10401378595 Listed on: 10/09/2023

Co-Listed By

Anton Pasquill

NAI Platform LLC License #10401318851

Last Buyer's Agent

Rebecca Cavalieri

Gabler Realty, LLC License #10401240433

Gabler Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,671

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • 2-Story Property
  • Bay Window
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Albany High School

Utilities

  • Forced Air Heating System
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for heat, internet, cable TV, electricity, gas
  • Assessor Parcel Number 010100 65.62-2-84

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,671

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Zoning: Multi Residence
  • Year Built: 1900
  • Directions: Continue on NY-443 E. Take Cherry Ave, NY-85 E and Washington Ave to Cortland Pl in Albany
  • Above Grade Finished Sq Ft: 1480.0
  • Financial Details General Taxes: 2672.0
  • General Taxes Description: Estimated
  • Lot Size Acres: 0.04
  • Sale Detail Buyer Zip Code: 12205
  • Sale Detail Seller Contribution: No
  • Rental Income: 2250.0
  • Rental Income Description: Actual
  • Income: 2250.0
  • Co List Office Mls Id: o1720A
  • Co List Office Phone: 518-465-1400
  • Fencing:Back Yard: Yes
  • Fencing:Wood4: Yes
  • Foundation Details:BrickMortar: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1480.0
  • Window Features: Bay Window(s)
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Full Basement: Yes
  • Attic Features:Other54: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Brick, Vinyl Siding
  • Fencing: Wood, Back Yard
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Other45: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Bay Window(s): Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: No
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Hot Water
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Water Sewer Expense: 650.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.62-2-84
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Internet, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 2671.0

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Dec 20, 2023
Sold by
Ali Salah Mohamed
Bought by
Colello Kim
Seller's Agent
Brooke Stack
NAI Platform LLC
Buyer's Agent
Rebecca Cavalieri
Gabler Realty, LLC
List Price
$234,900
Sold Price
$234,000
Premium/Discount to List
-$900
-0.38%
Views
43
Current Estimated Value
$300,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,098
Avg. Annual Appreciation
19.66%
Original Mortgage
$152,100
Outstanding Balance
$150,257
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$159,343

Purchase Details

Closed on
Dec 18, 2018
Sold by
Alhemyari Mohammed
Bought by
Ali Salah Mohamed

Purchase Details

Closed on
Aug 5, 1998
Sold by
Flynn Donald T
Bought by
Rogers Daniel G
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
Colello Kim $840,500 None Listed On Document
Colello Kim $840,500 None Listed On Document
Ali Salah Mohamed $95,000 None Available
Rogers Daniel G $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colello Kim $152,100
Closed Colello Kim $152,100
Previous Owner Ali Salah Mohamed $5,031
Previous Owner Ali Salah Mohamed $99,000
Previous Owner Ali Salah Mohamed $99,150
Previous Owner Rogers Daniel G $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold $234,000 -0.4% $158 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $234,900 +770.0% $159 / Sq Ft
01/06/2016 01/06/16 Sold $27,000 -10.0% $14 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $30,000 -- $16 / 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 $3,805 $155,000 $31,000 $124,000
2023 $2,947 $65,000 $15,000 $50,000
2022 $2,685 $65,000 $15,000 $50,000
2021 $2,680 $65,000 $15,000 $50,000
2020 $2,466 $65,000 $15,000 $50,000
2019 $2,559 $65,000 $15,000 $50,000
2018 $2,472 $65,000 $15,000 $50,000
2017 $1,350 $65,000 $15,000 $50,000
2016 $2,804 $65,000 $15,000 $50,000
2015 $3,155 $75,200 $15,000 $60,200
2014 -- $75,200 $15,000 $60,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202326240

Global MLS

APN: 010100-065-062-0002-084-000-0000