$7,000
SOLD MAY 2, 2014

198 2nd St Albany, NY 12210

Arbor Hill Neighborhood
4 Beds
2 Baths
1,848 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$4 Per Sq Ft

7% Below List Price

33 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 4-minute walk to Orange Street Park
  • Space Heater

About This Home

As of January 2022

Property in auction tems. Auction date 3/29 to 4/1/14. Excellent investment opportunity. Hardwood floors,space heat. Needs lots of work. “This property is subject to auction terms that require all new offers [and counteroffers] to be submitted through www.HomeSearch.com.” -- Fair Condition

Last Agent to Sell the Property

Todd Drake

Empire Real Estate Managment LLC License #49DR0967524 Listed on: 03/07/2014

Last Buyer's Agent

Todd Drake

MoveThatBlock.com

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 22x108
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Space Heater
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / 3
  • Assessor Parcel Number 010100 65.65-3-11

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1880
  • Directions: Howard Johnson to left on 2nd
  • Above Grade Finished Sq Ft: 1848.0
  • Lot Size: 22x108
  • New Construction: No
  • Possession Possession Legacy: closing
  • Sale Detail Seller Contribution: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 1848.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Space Heater, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 65.65-3-11

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Block: 3
  • Tax Lot: 11
  • Tax Tract: 65.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 25, 2022
Sold by
Shameca Dudley
Bought by
Yang Sungwoo Sam and Yang Unkyung Susan
Seller's Agent
Jennifer Mentiply
Olmstead Real Estate Grp Inc
Buyer's Agent
John Mariani
Olmstead Real Estate Grp Inc
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Current Estimated Value
$145,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,324
Avg. Annual Appreciation
23.58%

Purchase Details

Listed on
Mar 7, 2014
Closed on
Apr 17, 2014
Sold by
Wells Fargo Bank Na
Bought by
Dudley Shameca
Seller's Agent
Todd Drake
Empire Real Estate Managment LLC
Buyer's Agent
Todd Drake
MoveThatBlock.com
List Price
$7,500
Sold Price
$7,000
Premium/Discount to List
-$500
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.65%

Purchase Details

Closed on
Nov 7, 2013
Sold by
Masse Susan L and Masse Thomas
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 19, 2007
Sold by
Albany Local Devel Corp
Bought by
Albany Public Library

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,110,000
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2007
Sold by
Albany Local Development Corporation
Bought by
Albany Public Library

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,110,000
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2005
Sold by
Estate Of Feigenbaum Steven
Bought by
Masse Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $70,000 Shaker Abstract & Title
Warranty Deed $7,000 None Available
Warranty Deed $138,000 Web Title Agency
Warranty Deed -- John Allen
Warranty Deed -- None Available
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $29,110,000 Unknown
Previous Owner $72,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $70,000 -12.4% $38 / Sq Ft
11/09/2021 11/09/21 Price Changed $79,900 0.0% $43 / Sq Ft
11/09/2021 11/09/21 For Sale $79,900 -6.0% $43 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $85,000 -5.6% $46 / Sq Ft
07/30/2021 07/30/21 For Sale $90,000 +1185.7% $49 / Sq Ft
05/02/2014 05/02/14 Sold $7,000 -6.7% $4 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $7,500 -- $4 / 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 $1,311 $61,000 $12,200 $48,800
2023 $653 $12,000 $3,600 $8,400
2022 $463 $12,000 $3,600 $8,400
2021 $461 $12,000 $3,600 $8,400
2020 $455 $12,000 $3,600 $8,400
2019 $472 $12,000 $3,600 $8,400
2018 $456 $12,000 $3,600 $8,400
2017 $532 $12,000 $3,600 $8,400
2016 $686 $12,000 $3,600 $8,400
2015 $1,784 $25,000 $18,700 $6,300
2014 -- $25,000 $18,700 $6,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jennifer Mentiply

    Olmstead Real Estate Grp Inc

  • J

    Buyer's Agent in 2022

    John Mariani

    Olmstead Real Estate Grp Inc

  • T

    Seller's Agent in 2014

    Todd Drake

    Empire Real Estate Managment LLC

    (518) 369-7247

    76 Total Sales

    Todd Drake
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Map

Source: Global MLS

MLS Number: 201403643

Global MLS

APN: 010100-065-065-0003-011-000-0000

New York Albany County Albany 12210 Arbor Hill

198 2nd St, Albany, NY

This home is located at 198 2nd St, Albany, NY 12210 and is currently priced at $7,000, approximately $3 per square foot. This property was built in 1880. 198 2nd St is a home located in Albany County with nearby schools including Sheridan Preparatory Academy, 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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