NOT LISTED FOR SALE

17 Fairlawn Ave Albany, NY 12203

Melrose Neighborhood

Estimated Value: $337,694 - $396,000

5 Beds
3 Baths
3,588 Sq Ft
$100/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $290,000 $81 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,533/month

44 Days on Market

Highlights

  • Wooded Lot
  • Cooling System Mounted In Outer Wall Opening
  • Ceramic Tile Flooring
  • No HOA
  • Laundry Room
  • Baseboard Heating

About This Home

As of November 2021

Deceptively large two-family on tree-lined Fairlawn Avenue in Albany. Great 2400sf owner occupied unit with two levels of living PLUS 1200sf income producing unit on 2nd floor. ROP for rental unit up to code and ready to go. Owners unit features 3 bedrooms and 2 full baths plus potential in-law in full finished basement w/ separate entrance. Utility room w/private laundry. Nice yard. Area of well-kept homes. Convenient to Western Ave and SUNYA and State Office Campus. Main level may be shown anytime.

Last Agent to Sell the Property

Sherry Cavallaro

Howard Hanna Capital Inc License #10401298190 Listed on: 11/24/2021

Howard Hanna Capital Inc

Last Buyer's Agent

Deanna Geist

The Tacoda Group License #10491212477

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,237

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40' x 125'
  • Level Lot
  • Wooded Lot

Home Design

  • 3,588 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Wood Siding
  • Asphalt

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Laundry in Basement

Schools

  • Pine Hills Elementary School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for trash collection, hot water, heat, internet, cable TV, electricity, gas
  • Legal Lot and Block 45 / 1
  • Assessor Parcel Number 010100 64.42-1-45

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,237

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1960
  • Directions: Western Avenue to Fairlawn Avenue. Between Belvidere and Terrace Avenues.
  • Above Grade Finished Sq Ft: 3588.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details General Taxes: 1992.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3245.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.12
  • Lot Size: 40' x 125'
  • New Construction: No
  • Possession Possession Legacy: Closing
  • Sale Detail Seller Contribution: No
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Percent Basement Finished: Yes
  • Flooring:Ceramic Tile: Yes
  • Basement Heated: Yes
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Basement: Apartment, Exterior Entry, Finished, Heated, Interior Entry, See Remarks, Other
  • Total Bedrooms: 5
  • Living Area: 3588.0
  • Basement:Exterior Entry: Yes
  • Basement:Other53: Yes
  • Basement:Interior Entry: Yes
  • Basement:Apartment: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick, Wood Siding
  • Waterfront Features: None
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:None19: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Electric, Other
  • Laundry Features: In Basement, Laundry Room
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Other46: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level, Wooded
  • Parcel #: 010100 64.42-1-45
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Annual Amount: 5237.0
  • Tax Block: 1
  • Tax Lot: 45
  • Tax Tract: 64.42

MLS Schools

  • Elementary School: Pine Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Nov 19, 2021
Sold by
Aasia Khan
Bought by
Gray Julius
Seller's Agent
Sherry Cavallaro
Howard Hanna Capital Inc
Buyer's Agent
Deanna Geist
The Tacoda Group
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$360,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,174
Avg. Annual Appreciation
5.92%
Original Mortgage
$284,747
Outstanding Balance
$262,015
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$98,159

Purchase Details

Closed on
Nov 23, 2010
Sold by
Miller Albany Llc
Bought by
Khan Aasia and Khan Asif R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,877
Interest Rate
4.5%
Mortgage Type
FHA
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
Gray Julius $290,000 Chicago Title
Khan Aasia $235,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Julius $284,747
Closed Gray Julius $284,747
Previous Owner Khan Aasia $231,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Price Changed $315,000 +8.6% $88 / Sq Ft
11/24/2021 11/24/21 Price Changed $290,000 0.0% $81 / Sq Ft
11/24/2021 11/24/21 For Sale $290,000 0.0% $81 / Sq Ft
11/19/2021 11/19/21 Sold $290,000 -7.9% $81 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $315,000 -- $88 / 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 $6,883 $293,000 $58,600 $234,400
2023 $5,620 $138,000 $27,600 $110,400
2022 $5,499 $138,000 $27,600 $110,400
2021 $4,872 $138,000 $27,600 $110,400
2020 $4,794 $138,000 $27,600 $110,400
2019 $5,433 $138,000 $27,600 $110,400
2018 $5,155 $138,000 $27,600 $110,400
2017 $2,462 $138,000 $27,600 $110,400
2016 $4,616 $138,000 $27,600 $110,400
2015 $4,493 $140,000 $10,500 $129,500
2014 -- $140,000 $10,500 $129,500
Source: Public Records

Agents Affiliated with this Home

  • Sherry Cavallaro

    Seller's Agent in 2021

    Sherry Cavallaro

    Howard Hanna Capital Inc

    (518) 243-9257

    2 in this area

    53 Total Sales

    Sherry Cavallaro
    Section Image
  • Deanna Geist

    Buyer's Agent in 2021

    Deanna Geist

    The Tacoda Group

    (585) 797-5770

    1 in this area

    17 Total Sales

    Deanna Geist
    Section Image
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Map

Source: Global MLS

MLS Number: 202124397

Global MLS

APN: 010100-064-042-0001-045-000-0000

New York Albany County Albany 12203 Melrose

17 Fairlawn Ave, Albany, NY

This home is located at 17 Fairlawn Ave, Albany, NY 12203 since 24 November 2021 and is currently estimated at $360,174, approximately $100 per square foot. This property was built in 1960. 17 Fairlawn Ave is a home located in Albany County with nearby schools including Pine Hills Elementary School, Stephen And Harriet Myers Middle School, and Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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