NOT LISTED FOR SALE

16 Ridge Terrace Albany, NY 12205

Estimated Value: $366,443 - $424,000

3 Beds
1.5 Baths
1,744 Sq Ft
$220/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $294,900 $169 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,481/month

4 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • 1 Fireplace
  • Forest Park Elementary School Rated A-
  • Raised Ranch Architecture
  • No HOA

About This Home

As of November 2022

You'd better run to this one. One of the finest lots in So. Colonie w/just under a 1/2 acre and a fenced in backyard. You'll love the interior layout with a large kitchen-d.r. leading out to a two tiered deck with a pergola, a spacious living room and 3 beds and 1 bath on the top floor. Downstairs has a huge family room, 1/2 bath & laundry. F.R. leads out to a patio with a hot tub (inc.) and the massive, groomed lawn with an irrigation system and firepit. Plenty of storage for your toys in the 12x20 shed. Updates listed in documents.

Last Agent to Sell the Property

Patrick Devaney

McCurdy Real Estate Group, Inc License #10301201873 Listed on: 10/06/2022

Last Buyer's Agent

Thomas Casey

Field Realty License #10401343741

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,766

Year Built

  • Built in 1976

Lot Details

  • 0.49 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Backyard Sprinklers

Parking

  • 2 Car Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,744 Sq Ft Home
  • Chair Railings
  • Paddle Fans
  • 1 Fireplace
  • Wood Burning Stove
  • Sliding Doors
  • Closed Circuit Camera

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Bathroom on Main Level

Laundry

  • Laundry in Bathroom
  • Washer and Dryer

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Forest Park Elementary School
  • Colonie Central High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 36 / 2
  • Assessor Parcel Number 012601 41.12-2-36

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,766

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1976
  • Directions: Central Ave to Lincoln Ave, turn right on Ridge Terrace and home is at the end of the street in the cul de sac.
  • Above Grade Finished Sq Ft: 1744.0
  • Architectural Style: Raised Ranch
  • Financial Details General Taxes: 1169.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3350.0
  • School Taxes Description: Actual
  • Financial Details Village Taxes: 247.0
  • Village Taxes Description: Actual
  • Lot Size Acres: 0.49
  • Lot Size: 21,344 sq. ft.
  • New Construction: No
  • Parking Features Parking Total: 8.0
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Primary Bedroom Level: Second
  • Sale Detail Buyer Zip Code: 12211
  • Sale Detail Seller Contribution: No
  • Garage Yn: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Percent Basement Finished: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Raised Ranch: Yes
  • Laundry Features:In Basement: Yes
  • Foundation Details:Block2: Yes
  • Electric:_two_00 Amp Service: Yes
  • Fencing:Chain Link: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Finished, Walk-Out Access, Wood Stove
  • Interior Amenities: High Speed Internet, Paddle Fan, Chair Rail
  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Living Area: 1744.0
  • Bedroom Level: Second
  • Dining Room Level: Second
  • Family Room Level: First
  • Foyer Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Bathroom Levels Full Bathroom 1: 2nd
  • Bathroom Levels Half Bathroom 1: 1st
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Laundry Features:In Bathroom: Yes
  • Appliances:WasherDryer: Yes
  • Appliances:Electric Oven: Yes
  • Attic Features:Hatch: Yes
  • Interior Features:Chair Rail: Yes
  • Fireplace Features:Family Room: Yes
  • Basement:Wood Stove2: Yes

Exterior Features

  • Exterior Features: Drive-Paved, Lighting
  • Roof: Asphalt
  • Construction Type: Brick, Vinyl Siding
  • Fencing: Chain Link
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Door Features:Sliding Doors: Yes
  • Exterior Features:Drive-Paved: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Under Residence, Paved, Driveway, Garage Door Opener
  • Attached Garage: No
  • Total Parking Spaces: 8.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Under Residence: Yes

Utilities

  • Utilities: Cable Available, Cable Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 200+ Amp Service
  • Heating: Baseboard, Hot Water, Natural Gas
  • Laundry Features: In Basement, In Bathroom
  • Security: Closed Circuit Camera(s)
  • Water Source: Public
  • Cooling Y N: No
  • 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: South Colonie

Lot Info

  • Land Lease: No
  • Lot Features: Level, Sprinklers In Rear
  • Parcel #: 012601 41.12-2-36
  • Lot Size Sq Ft: 21344.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4766.0
  • Tax Block: 2
  • Tax Lot: 36
  • Tax Tract: 41.12

MLS Schools

  • Elementary School: Forest Park ES
  • HighSchool: Colonie Central HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 16, 2022
Sold by
Mcdermott Paul J and Mcdermott Deborah
Bought by
Gauthier Racheal and Monteiro John
Seller's Agent
Patrick Devaney
McCurdy Real Estate Group, Inc
Buyer's Agent
Thomas Casey
Field Realty
List Price
$299,900
Sold Price
$294,900
Premium/Discount to List
-$5,000
-1.67%
Views
120
Current Estimated Value
$384,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,211
Avg. Annual Appreciation
9.97%
Original Mortgage
$258,000
Interest Rate
5.88%
Mortgage Type
New Conventional
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
Gauthier Racheal $295,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gauthier Racheal $258,000
Previous Owner Mcdermott Paul J $50,000
Previous Owner Mcdermott Paul J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $294,900 -1.7% $169 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $299,900 -- $172 / 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 $4,662 $116,700 $23,300 $93,400
2023 $4,559 $116,700 $23,300 $93,400
2022 $4,520 $116,700 $23,300 $93,400
2021 $4,451 $116,700 $23,300 $93,400
2020 $3,859 $116,700 $23,300 $93,400
2019 $2,623 $116,700 $23,300 $93,400
2018 $3,727 $116,700 $23,300 $93,400
2017 $0 $116,700 $23,300 $93,400
2016 $3,684 $116,700 $23,300 $93,400
2015 -- $116,700 $23,300 $93,400
2014 -- $116,700 $23,300 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202228000

Global MLS

APN: 012601-041-012-0002-036-000-0000