16 Lake Rd Albany, NY 12205
Estimated payment $1,650/month
Highlights
- Cape Cod Architecture
- 1 Fireplace
- Home Office
- Wood Flooring
- No HOA
- Shutters
About This Home
Welcome to this spacious home with LOW TAXES, nestled in the highly sought-after SOUTH COLONIE School District! Offering over 1,600 square feet of comfortable living space, this 3-bedroom, 1.5-bath residence blends functionality, value, and opportunity. The home includes an additional room on the second floor, ideal as a potential 4th bedroom, home office, game room, or playroom to suit your lifestyle needs. Step inside to a bright and inviting living room, highlighted by a beautiful bay window that fills the space with natural light, perfect for hosting gatherings or relaxing with family. Enjoy outdoor living in the large, fully fenced backyard--perfect for entertaining, gardening, or simply unwinding in your private space. Inside, you'll appreciate hardwood floors, replacement vinyl windows, a newer roof (just 2 years young), an updated hot water tank, and a newer washer and dryer, offering peace of mind and low-maintenance living. Plenty of storages in built-in closets. The high basement with walkout Bilco door access provides excellent storage and future finishing potential, adding even more value to this already versatile home. Ideally located just minutes from Wolf Road, Colonie Center, shopping, dining, and major highways, this home offers both convenience and accessibility. Currently tenant-occupied on a month-to-month basis at $2,200 per month making it a great opportunity for investors or future homeowners alike. Schedule your showing today!
Listing Agent
Berkshire Hathaway HomeServices Blake, REALTORS License #10401313589 Listed on: 03/23/2026
Co-Listing Agent
CarrPropertyPartners
Berkshire Hathaway HomeServices Blake, REALTORS
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,772
Year Built
- Built in 1950
Lot Details
- 6,534 Sq Ft Lot
- Property fronts a private road
- Wood Fence
- Chain Link Fence
- Landscaped
- Level Lot
- Cleared Lot
- Property is zoned Single Residence
Home Design
- Cape Cod Architecture
- Shingle Roof
- Vinyl Siding
- Asphalt
Interior Spaces
- 1,654 Sq Ft Home
- Paddle Fans
- 1 Fireplace
- Shutters
- Bay Window
- Entrance Foyer
- Living Room
- Dining Room
- Home Office
Kitchen
- Eat-In Kitchen
- Oven
- Range
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Schools
- Colonie Central High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Radiant Heating System
- 150 Amp Service
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 40.000 / 3
- Assessor Parcel Number 012689 42.17-3-40
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,933 | $60,000 | $17,500 | $42,500 |
| 2024 | $2,933 | $60,000 | $17,500 | $42,500 |
| 2023 | $2,837 | $60,000 | $17,500 | $42,500 |
| 2022 | $2,762 | $60,000 | $17,500 | $42,500 |
| 2021 | $2,727 | $60,000 | $17,500 | $42,500 |
| 2020 | $2,668 | $60,000 | $17,500 | $42,500 |
| 2019 | $1,261 | $60,000 | $17,500 | $42,500 |
| 2018 | $2,597 | $60,000 | $17,500 | $42,500 |
| 2017 | $0 | $60,000 | $17,500 | $42,500 |
| 2016 | $1,192 | $60,000 | $17,500 | $42,500 |
| 2015 | -- | $87,500 | $17,500 | $70,000 |
| 2014 | -- | $87,500 | $17,500 | $70,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | For Sale | $269,900 | -- | $163 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $210,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $108,000 | None Available | |
| Deed | -- | Scott Shallo |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,500 | New Conventional |
Source: Global MLS
MLS Number: 202613773
APN: 012689-042-017-0003-040-000-0000
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Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
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Ask me questions while you tour the home.