NOT LISTED FOR SALE

174 Homestead Ave Albany, NY 12203

Melrose Neighborhood

Estimated Value: $341,000 - $382,000

6 Beds
2 Baths
2,940 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $258,000 $88 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,664/month

13 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Hot Water Heating System
  • No HOA

About This Home

As of March 2020

DON'T MISS OUT ON THIS WELL MAINTAINED, SUN-FILLED ALBANY 2 FAMILY, PERFECT FOR AN OWNER OCCUPIED OR INVESTMENT OPPORTUNITY. LARGE OVERSIZED FLATS, SEPARATE UTILITIES, OFF STREET PARKING WITH 2 CAR GARAGE. NEWER WINDOWS THROUGHOUT, UPSTAIRS UNIT IN PRISTINE SHAPE WITH UPDATED KITCHEN, NEWER STAINLESS STEEL APPLIANCES, HW FLOORS. FRONT AND BACK PORCHES, CLOSES TO SHOPPING, HOSPITALS, COLLEGES. PRIME STUDENT RENTAL & GOOD TENANTS HERE. PLEASE NOTE: SELLER IS MOVING OUT OF UPSTAIRS UNIT AT THE END OF THE MONTH, WHERE YOU CAN LIVE FOR LESS OR RE-RENT IT OUT AGAIN FOR TOP $$ AND START MAKING $$ *24 HOURS NOTICE NEEDED* -- Excellent Condition

Last Agent to Sell the Property

Rob Grundman

Big Blue Realty Group Inc License #10311200262 Listed on: 12/10/2019

Last Buyer's Agent

Nicholas Khachadourian

KW Platform License #10401305182

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,692

Year Built

  • Built in 1939

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 37 x 125

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Aluminum Siding
  • Asphalt

Interior Spaces

  • 2,940 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Basement

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

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 2 Family

Listing and Financial Details

  • Tenant pays for heat, internet, cable TV, electricity
  • Legal Lot and Block 25 / 3
  • Assessor Parcel Number 010000 64.34-3-25

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,692

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1939
  • Directions: WASHINGTON AVENUE TO HOMESTEAD AVE
  • Above Grade Finished Sq Ft: 2940.0
  • Financial Details General Taxes: 3478.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 5214.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.11
  • Lot Size: 37 x 125
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: Leased
  • Sale Detail Seller Contribution: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Laundry Features:In Basement: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2940.0
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Aluminum Siding
  • Waterfront: No
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • 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 1 Amenities:Built-in Features4: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010000 64.34-3-25
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Internet, Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 8692.0
  • Tax Block: 3
  • Tax Lot: 25
  • Tax Tract: 64.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Mar 24, 2020
Sold by
Brown Casey
Bought by
Rogers Benava B
Seller's Agent
Rob Grundman
Big Blue Realty Group Inc
Buyer's Agent
Nicholas Khachadourian
KW Platform
List Price
$255,000
Sold Price
$258,000
Premium/Discount to List
$3,000
1.18%
Current Estimated Value
$364,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,185
Avg. Annual Appreciation
5.80%
Original Mortgage
$260,547
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jun 1, 2017
Sold by
Gardiner Matthew J
Bought by
Brown Casey
Seller's Agent
Rob Grundman
Big Blue Realty Group Inc
Buyer's Agent
Mark Taber
Yankee Realty Inc
List Price
$234,000
Sold Price
$235,500
Premium/Discount to List
$1,500
0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$223,725
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Listed on
May 28, 2014
Closed on
Sep 4, 2014
Sold by
Miller Bonnie Beth
Bought by
Gardiner Matthew J
Seller's Agent
Patricia Mangini
Berkshire Hathaway Home Services Blake
Buyer's Agent
Rob Grundman
Principal Realty Group LLC
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$219,942
Interest Rate
4.12%
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
Rogers Benava B $258,000 None Available
Brown Casey $235,500 Westcor Land Title Ins Co
Gardiner Matthew J $224,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rogers Benava B $260,547
Previous Owner Brown Casey $223,725
Previous Owner Gardiner Matthew J $219,942
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $258,000 0.0% $88 / Sq Ft
12/24/2019 12/24/19 Price Changed $258,000 +1.2% $88 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $255,000 +8.3% $87 / Sq Ft
07/05/2017 07/05/17 Sold $235,500 +0.6% $80 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $234,000 +1.7% $80 / Sq Ft
09/05/2014 09/05/14 Sold $230,000 -4.1% $78 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $239,900 -- $82 / 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 $8,056 $305,000 $61,000 $244,000
2023 $9,089 $226,000 $45,200 $180,800
2022 $8,891 $226,000 $45,200 $180,800
2021 $8,871 $226,000 $45,200 $180,800
2020 $8,575 $226,000 $45,200 $180,800
2019 $9,004 $226,000 $45,200 $180,800
2018 $8,811 $226,000 $45,200 $180,800
2017 $4,473 $226,000 $45,200 $180,800
2016 $9,529 $226,000 $45,200 $180,800
2015 $8,253 $224,000 $45,200 $178,800
2014 -- $226,200 $45,200 $181,000
Source: Public Records

Agents Affiliated with this Home

  • Rob Grundman

    Seller's Agent in 2020

    Rob Grundman

    Big Blue Realty Group Inc

    (518) 210-7576

    3 in this area

    180 Total Sales

    Section Image
  • Nicholas Khachadourian

    Buyer's Agent in 2020

    Nicholas Khachadourian

    KW Platform

    (518) 649-2989

    2 in this area

    81 Total Sales

    Section Image

  • M

    Buyer's Agent in 2017

    Mark Taber

    Yankee Realty Inc

    Section Image

  • P

    Seller's Agent in 2014

    Patricia Mangini

    Berkshire Hathaway Home Services Blake

    (518) 388-9111

    26 Total Sales

    Section Image
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Map

Source: Global MLS

MLS Number: 201936054

Global MLS

APN: 010100-064-034-0003-025-000-0000

New York Albany County Albany 12203 Melrose

174 Homestead Ave, Albany, NY

This home is located at 174 Homestead Ave, Albany, NY 12203 since 10 December 2019 and is currently estimated at $358,800, approximately $122 per square foot. This property was built in 1939. 174 Homestead 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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