NOT LISTED FOR SALE

183 Lancaster St Albany, NY 12210

Center Square Neighborhood

Estimated Value: $261,000 - $328,000

2 Beds
2 Baths
1,458 Sq Ft
$198/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $243,000 $167 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,964/month

32 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • 2 Fireplaces
  • Patio
  • 3-minute walk to Washington Park

About This Home

As of December 2021

Perfect for an investment or owner occupied, this 2 family in the desirable Historic Center Square is just steps away from the best of Albany. The first floor apartment has many updates, a sunroom and a garden-inspired back yard with a patio, as well as new appliances and fresh paint. The second floor also has an updated bathroom, a new stove and fresh paint. There is also a brand new furnace. Both apartments are one bedroom, ideal for a student or young couple desiring city life. Listing Agent Related to owner

Last Agent to Sell the Property

Ryan Yamin

Yamin Real Estate Group License #10401328951 Listed on: 08/15/2021

Last Buyer's Agent

Steven Sbardella

Re/Max Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,153

Year Built

  • Built in 1854

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22x90.8
  • Fenced
  • Cleared Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,458 Sq Ft Home
  • 2 Fireplaces

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 53 / 2
  • Assessor Parcel Number 010100 76.24-2-53

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,153

Year Built

Built in 1854

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1854
  • Directions: Washington Ave to Dove to Lancaster
  • Above Grade Finished Sq Ft: 1458.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details General Taxes: 2871.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4280.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.05
  • Lot Size: 22X90.8
  • New Construction: No
  • Possession Possession Legacy: At Close
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Rental Income Description: Estimated
  • Income: 2075.0
  • Subdivision Name: Center Square
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Fencing:Fenced: Yes
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate
  • Basement: Exterior Entry, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Basement
  • Fireplaces: 2
  • Living Area: 1458.0
  • Fireplace: Yes
  • Fireplace Features:Basement: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Construction Type: Brick
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No
  • Property Detail:Parking YN: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:High Speed Internet3: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Cleared
  • Parcel #: 010100 76.24-2-53
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 7153.0
  • Tax Block: 2
  • Tax Lot: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2021
Closed on
Dec 21, 2021
Sold by
Tamin Danielle
Bought by
Cangero Theodore
Seller's Agent
Ryan Yamin
Yamin Real Estate Group
Buyer's Agent
Steven Sbardella
Re/Max Premier
List Price
$248,000
Sold Price
$243,000
Premium/Discount to List
-$5,000
-2.02%
Current Estimated Value
$288,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,837
Avg. Annual Appreciation
4.47%
Original Mortgage
$217,485
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2015
Sold by
Watson Michael R and Monaco Joyce F
Bought by
Gavin Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Interest Rate
3.97%

Purchase Details

Closed on
Nov 1, 2012
Sold by
Genovese Joanne
Bought by
Genovese Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cangero Theodore $248,000 Shaker Abstract & Title
Gavin Elizabeth A $194,000 Fidelity Natl Title Ins Co
Genovese Joanne $86,998 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cangero Theodore $217,485
Previous Owner Gavin Elizabeth A $184,300
Previous Owner Genovese Joanne $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2021 12/21/21 Sold $243,000 -2.0% $167 / Sq Ft
08/15/2021 08/15/21 For Sale $248,000 +21.0% $170 / Sq Ft
09/17/2020 09/17/20 Sold $205,000 0.0% $141 / Sq Ft View Prior Sale
06/26/2020 06/26/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $205,000 -6.6% $141 / Sq Ft
12/20/2019 12/20/19 Price Changed $219,500 -4.1% $151 / Sq Ft
09/20/2019 09/20/19 For Sale $229,000 -- $157 / 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 $5,310 $201,000 $40,200 $160,800
2023 $7,354 $182,000 $36,400 $145,600
2022 $7,195 $182,000 $36,400 $145,600
2021 $7,179 $182,000 $36,400 $145,600
2020 $7,165 $182,000 $36,400 $145,600
2019 $7,165 $182,000 $36,400 $145,600
2018 $7,384 $182,000 $36,400 $145,600
2017 $6,745 $182,000 $36,400 $145,600
2016 $6,713 $182,000 $36,400 $145,600
2015 $6,890 $184,700 $36,900 $147,800
2014 -- $184,700 $36,900 $147,800
Source: Public Records

Agents Affiliated with this Home

  • Ryan Yamin

    Seller's Agent in 2021

    Ryan Yamin

    Yamin Real Estate Group

    (518) 929-5872

    1 in this area

    30 Total Sales

    Ryan Yamin
    Section Image

  • S

    Buyer's Agent in 2021

    Steven Sbardella

    RE/MAX

  • Kyle Durni

    Seller's Agent in 2020

    Kyle Durni

    Howard Hanna Capital, Inc.

    (518) 439-2888

    153 Total Sales

    Kyle Durni
    Section Image
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Map

Source: Global MLS

MLS Number: 202126232

Global MLS

APN: 010100-076-024-0002-053-000-0000

New York Albany County Albany 12210 Center Square

183 Lancaster St, Albany, NY

Not Listed for Sale

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