$280,000
SOLD DEC 11, 2024
4 Beds
2 Baths
1,828 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$153 Per Sq Ft

2% Below List Price

22 Days on Market

Highlights

  • Traditional Architecture
  • Full Attic
  • 2 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Front Porch

About This Home

As of December 2024

Whether you are looking for an investment property or to owner occupy, 162 South Allen is the perfect opportunity! Situated in a desirable, walkable neighborhood with not only off street parking, but also a garage bay for each apartment, this two family home is well maintained and spacious. Each apartment features ample living space, two bedrooms, an enclosed rear porch and access to locked storage in the basement. There are separate boilers, water heaters and electric meters for each unit and tenants pay their own utilities. Current rents total $2600 a month. Always rented, great location, easy to maintain - what more could you want?

Last Agent to Sell the Property

Patrick McSharry

McSharry & Assoc. Realty LLC License #10491202783 Listed on: 09/24/2024

Last Buyer's Agent

Lorenzo Murray

Hunt ERA License #10301215323

Hunt ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,985

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 32' x 161'
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Cedar Siding
  • Asphalt

Interior Spaces

  • 1,828 Sq Ft Home
  • 2-Story Property
  • Full Attic
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Unfinished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Front Porch

Schools

  • Albany High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity, gas
  • The owner pays for trash collection, sewer, snow removal, water
  • Legal Lot and Block 42.000 / 1
  • Assessor Parcel Number 010100 64.66-1-42
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,985

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Directions: New Scotland Ave to S Allen St
  • Above Grade Finished Sq Ft: 1828.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 2927.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3058.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.12
  • Lot Size: 32' x 161'
  • New Construction: No
  • Parking Features Parking Total: 5.0
  • Sale Detail Buyer Zip Code: 10451
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income: 31200.0
  • Rental Income Description: Actual
  • Income: 31200.0
  • Income Description: A
  • Number of Dishwashers: 1
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Flooring:Hardwood: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Ceramic Tile: Yes
  • Laundry Features:In Basement: Yes
  • Electric:Circuit Breakers: Yes
  • Architectural Style:Traditional: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Basement: Full, Unfinished
  • Interior Amenities: High Speed Internet, Ceramic Tile Bath
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1828.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Sewer, Snow Removal, Water
  • Interior Features:High Speed Internet: Yes
  • Full Basement: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Attic Features:Walk-Up: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Full2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Brick, Cedar
  • Other Structures: Garage(s)
  • Patio And Porch Features: Rear Porch, Front Porch
  • Waterfront: No
  • Construction Materials:Cedar: Yes
  • Lot Features:Sloped: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Paved, Detached, Driveway, Garage
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 5.0
  • 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:Detached: Yes
  • Other Structures:Garage(s): Yes
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Unit 1 Owner Furnish Features:Garage3: Yes
  • Unit 2 Owner Furnish Features:Garage4: Yes

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service, Circuit Breakers
  • Heating: Hot Water, Natural Gas
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level, Sloped
  • Parcel #: 010100 64.66-1-42
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Annual Amount: 5985.0
  • Tax Block: 1
  • Tax Lot: 42.000
  • Tax Tract: 64.66

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Dec 11, 2024
Sold by
Johnson Glen D
Bought by
Herbert Jahwan
Seller's Agent
Patrick McSharry
McSharry & Assoc. Realty LLC
Buyer's Agent
Lorenzo Murray
Hunt ERA
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Views
72
Current Estimated Value
$277,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,562
Avg. Annual Appreciation
-1.57%
Original Mortgage
$274,928
Outstanding Balance
$273,981
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$3,457

Purchase Details

Closed on
Nov 9, 2001
Sold by
Vennard Timothy
Bought by
Johnson Glen D
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Smpr Title
Deed $99,000 Peter Ford
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,928 FHA
Previous Owner $100,000 New Conventional
Previous Owner $148,000 New Conventional
Previous Owner $84,150 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $280,000 -1.8% $153 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $285,000 -- $156 / 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 $5,985 $198,000 $39,600 $158,400
2023 $7,039 $174,000 $34,800 $139,200
2022 $6,886 $174,000 $34,800 $139,200
2021 $6,871 $174,000 $34,800 $139,200
2020 $6,602 $174,000 $34,800 $139,200
2019 $6,850 $174,000 $34,800 $139,200
2018 $6,834 $174,000 $34,800 $139,200
2017 $2,767 $174,000 $34,800 $139,200
2016 $6,659 $174,000 $34,800 $139,200
2015 $6,312 $172,000 $34,400 $137,600
2014 -- $172,000 $34,400 $137,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202426061

Global MLS

APN: 010100-064-066-0001-042-000-0000