NOT LISTED FOR SALE

Estimated Value: $453,000 - $560,000

4 Beds
2.5 Baths
2,258 Sq Ft
$223/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $499,000 $221 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,620/month

70 Days on Market

Highlights

  • 0.11 Acre Lot
  • Wood Flooring
  • No HOA
  • Deck
  • Stone Countertops
  • 3-minute walk to Washington Park

About This Home

As of November 2023

165 Lancaster St, built in 1876 for George W. Lewis, is a beautiful Italianate two-family home located in a row of houses on Lancaster St. The neighborhood is mainly owner-occupied houses, fostering a strong sense of community spirit. If needed, there's a parking garage conveniently situated across the street.

The house has retained many original features, showcasing its historical charm. These include original mirrors, marble fireplace, high ceilings, exposed wide board pine floors, a central plaster arch supported by small brackets, a ceiling medallion with original light fixtures, and classic exterior window lintels and sills adorned with gold shell details. A
spacious basement apartment is available for rent at 1,000 with potential for higher rental rates.

Last Agent to Sell the Property

Arpi Balgin

Berkshire Hathaway Home Services Blake License #10401299506 Listed on: 08/21/2023

Berkshire Hathaway Home Services Blake

Last Buyer's Agent

James Bertan

BLUE SPRUCE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,063

Year Built

  • Built in 1876 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 2,258 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Skylights
  • Electric Fireplace
  • Blinds
  • Drapes & Rods
  • Bay Window
  • Display Windows
  • Garden Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Stone Countertops
  • Laundry on upper level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Outdoor Features

  • Deck
  • Patio

Schools

  • Albany High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • The owner pays for grounds care, heat
  • Assessor Parcel Number 010100 000-000-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,063

Year Built

Built in 1876 | Remodeled

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1876
  • Directions: Washington Ave right on Dove st. Right on Lancaster st. Agent to accompany Two units with basement apt unable to be shown right now as mo to mo tenant lives in NYC. Minutes to Albany Med/Washington Park/eateries/law schools.
  • Above Grade Finished Sq Ft: 2258.0
  • Lot Size Acres: 0.11
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Special Listing Conditions Ownership: bloch
  • Rental Income: 10200.0
  • Rental Income Description: Actual
  • Number of Dishwashers: 2
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Unit Information Number Of Washers: 1
  • Ownership: bloch
  • Structure Type: Townhouse
  • Fencing:Back Yard: Yes
  • Percent Basement Finished: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Upper Level: Yes
  • Architectural Style:Townhouse: Yes
  • Basement Heated: Yes
  • Laundry Features:Laundry Closet: Yes
  • Foundation Details:BrickMortar: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: Apartment, Finished, Full, Heated, Walk-Out Access
  • Interior Amenities: Other, Built-in Features, Crown Molding
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Other, Electric, Bedroom, Living Room
  • Fireplaces: 1
  • Living Area: 2258.0
  • Window Features: Window Treatments, Skylight(s), Garden Window(s), Display Window(s), Bay Window(s), Blinds, Curtain Rods, Drapes
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: Basement
  • Bathroom Levels Half Bathroom 1: 1st
  • Owner Pays: Grounds Care, Heat
  • Fireplace: Yes
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Other59: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Built-in Features: Yes
  • Basement:Apartment: Yes
  • Fireplace Features:Other62: Yes
  • Fireplace Features:Electric2: Yes
  • Fireplace Features:Bedroom: Yes
  • Interior Features:Stone Countertops: Yes

Exterior Features

  • Exterior Features: Garden
  • Roof: Flat, Rubber
  • Construction Type: Brick
  • Fencing: Back Yard
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Curtain Rods: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Drapes: Yes
  • Window Features:Blinds: Yes
  • Exterior Features:Garden: Yes
  • Window Features:Bay Window(s): Yes
  • Window Features:Skylight(s)2: Yes
  • Window Features:Display Window(s)2: Yes
  • Window Features:Window Treatments2: Yes
  • Window Features:Garden Window(s)2: 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
  • Electric: 200+ Amp Service
  • Heating: Radiant, Natural Gas
  • Laundry Features: Laundry Closet, Upper Level
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Built-in Features4: Yes
  • Unit 2 Amenities:Built-in Features5: Yes
  • Unit 1 Amenities:Crown Molding2: Yes
  • Unit 1 Amenities:Gourmet Kitchen3: Yes
  • Unit 1 Amenities:Fireplace Insert2: Yes
  • Unit 1 Amenities:Bay Window(s)2: Yes
  • Unit 1 Amenities:Skylight(s)5: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Parcel #: 010100 000-000-000
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Tenant Pays: Hot Water, Electricity

Tax Info

  • Tax Annual Amount: 10063.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Nov 13, 2023
Sold by
Bloch Paula
Bought by
Pangrace Christopher and Pangrace Caroline
Seller's Agent
Arpi Balgin
Berkshire Hathaway Home Services Blake
Buyer's Agent
James Bertan
BLUE SPRUCE REALTY
List Price
$519,900
Sold Price
$499,000
Premium/Discount to List
-$20,900
-4.02%
Views
135
Current Estimated Value
$502,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,815
Avg. Annual Appreciation
0.38%
Original Mortgage
$384,000
Outstanding Balance
$377,288
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$125,527

Purchase Details

Listed on
Aug 21, 2023
Closed on
Sep 20, 2023
Sold by
Bloch Paula
Bought by
Martinovic Nela and Martinovic Zoran
Seller's Agent
Arpi Balgin
Berkshire Hathaway Home Services Blake
Buyer's Agent
James Bertan
BLUE SPRUCE REALTY
List Price
$519,900
Sold Price
$499,000
Premium/Discount to List
-$20,900
-4.02%
Views
135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Outstanding Balance
$377,288
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$125,527

Purchase Details

Closed on
Jun 30, 2006
Sold by
Rose Kathleen R
Bought by
Bloch Paula

Purchase Details

Closed on
Dec 20, 2000
Sold by
Sacco Mark
Bought by
Rose Kathleen

Purchase Details

Closed on
Sep 29, 1998
Sold by
Morse Charles
Bought by
Mctiernan Francis J and Dougher Shonna M

Purchase Details

Closed on
Nov 10, 1995
Sold by
Ninelles Flora Fay
Bought by
Morse Charles
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pangrace Christopher $499,000 Old Republic Title
Martinovic Nela -- None Listed On Document
Martinovic Nela -- None Listed On Document
Bloch Paula $360,000 None Available
Rose Kathleen $120,000 Christian Goetz
Mctiernan Francis J $120,000 --
Morse Charles $128,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pangrace Christopher $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2023 11/14/23 Sold $499,000 0.0% $221 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $499,000 -4.0% $221 / Sq Ft
08/21/2023 08/21/23 For Sale $519,900 0.0% $230 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $519,900 -- $230 / 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 $11,664 $450,000 $90,000 $360,000
2023 $10,416 $273,000 $54,600 $218,400
2022 $10,111 $273,000 $54,600 $218,400
2021 $10,063 $273,000 $54,600 $218,400
2020 $9,720 $273,000 $54,600 $218,400
2019 $10,748 $273,000 $54,600 $218,400
2018 $9,733 $273,000 $54,600 $218,400
2017 $3,963 $273,000 $54,600 $218,400
2016 $9,445 $273,000 $54,600 $218,400
2015 $9,477 $275,800 $55,200 $220,600
2014 -- $275,800 $55,200 $220,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202322001

Global MLS

APN: 010100-076-024-0002-044-000-0000