NOT LISTED FOR SALE
8 Beds
6 Baths
3,928 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: October 19, 2020

Last sale price $400,000 $102 Per Sq Ft

74 Days on Market

Highlights

  • Active Adult
  • Full Attic
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Hot Water Heating System

About This Home

As of October 2020

Incredibly rare opportunity to own 6 units in Colonie. Unique set up, 5 unit apartment building on same deed as 2 bedroom single family home. All 6 units rented with long term tenants. Great rental history here. Owner pays heat and hot water in 5 unit building. Pro forma available. Need 24 hour notice to show. Good Condition

Last Agent to Sell the Property

Peter Tryon

Madison Park Real Estate Listed on: 07/22/2020

Last Buyer's Agent

Nathan Marks

KW Platform

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,907

Year Built

  • Built in 1949

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Home Design

  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 3,928 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Laminate
  • Tile

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System

Community Details

  • Active Adult
  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • The owner pays for heat
  • Legal Lot and Block 33 / 6
  • Assessor Parcel Number 012689 53.11-6-33

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,907

Year Built

Built in 1949

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Accessibility: See Remarks
  • Electric Expense: 300.0
  • Year Built: 1949
  • Directions: Central ave to fairfield ave, turns into milton on corner
  • Above Grade Finished Sq Ft: 3928.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 0.2
  • Lot Size: 8712
  • Parking Features Parking Total: 6.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 2
  • Number of Separate Water Meters: 2
  • Electric Expense Description: Estimated
  • Gas Expense Description: Actual
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood, Laminate
  • Basement: Full
  • Living Area: 3928.0
  • Owner Pays: Heat
  • Full Basement: Yes
  • Attic Features:Full2: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 5 Owner Furnish Features:Heat7: Yes
  • Unit 5 Owner Furnish Features:Hot Water8: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Waterfront Features: None
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:None19: Yes
  • Accessibility Features:See Remarks24: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 2592.0

Schools

  • Junior High Dist: South Colonie

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Parcel #: 012689 53.11-6-33
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Electricity

Tax Info

  • Tax Annual Amount: 5907.0
  • Tax Block: 6
  • Tax Lot: 33

Multi Family

  • Number Of Units Total: 6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Milton Street Apartments Llc
Bought by

Purchase Details

Closed on
Apr 24, 2015
Sold by
Zappone Joseph W
Bought by
2 Milton Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 2014
Sold by
Noble Rebecca J and Brockway Gilbert S
Bought by
Zappone Joseph W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Albany, NY

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$570,000 None Listed On Document
2 Milton Street Llc -- None Available
Zappone Joseph W $80,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $456,400
Previous Owner 2 Milton Street Llc $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $400,000 -9.1% $102 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $440,000 -- $112 / Sq Ft
Source: Global MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,252 $136,500 $15,000 $121,500
2024 $6,554 $136,500 $15,000 $121,500
2023 $6,447 $136,500 $15,000 $121,500
2022 $6,097 $136,500 $15,000 $121,500
2021 $6,017 $136,500 $15,000 $121,500
2020 $5,946 $136,500 $15,000 $121,500
2019 $2,868 $136,500 $15,000 $121,500
2018 $6,055 $136,500 $15,000 $121,500
2017 $0 $136,500 $15,000 $121,500
2016 $6,036 $136,500 $15,000 $121,500
2015 -- $136,500 $15,000 $121,500
2014 -- $136,500 $15,000 $121,500
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Global MLS

MLS Number: 202023205

Global MLS
Your Personal Tour Guide

Ask me questions while you tour the home.