NOT LISTED FOR SALE

2 Richmond St Albany, NY 12205

Estimated Value: $251,343 - $327,000

5 Beds
2 Baths
1,690 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $206,000 $122 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,966/month

19 Days on Market

Highlights

  • Private Lot
  • Full Attic
  • 2 Car Detached Garage
  • Transitional Architecture
  • No HOA
  • Laundry Room

About This Home

As of December 2019

Fantastic opportunity for owner occupied 2 family/one family convert or investment. Why rent when you can own a home with income potential. Long time family owned property is now on the market for the first time in 34 years. This is an up/down 2 family with great income potential. Well maintained throughout, this home features a full 1st floor access basement to increase the living space for the unit by over 400 sqft. Full 2 car detached garage with a beautiful landscaped yard (3 city lots) in a quiet community. Access to all major areas, shopping, entertainment & Highways. Excellent Colonie taxes & school make this home one not to be missed.

Last Agent to Sell the Property

Paul Friello

Coldwell Banker Prime Properties License #40FR0809579 Listed on: 09/10/2019

Coldwell Banker Prime Properties

Co-Listed By

Joel Casso

Coldwell Banker Prime Properties License #10401311828

Last Buyer's Agent

Marisa Moffatt

Lincoln Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1910

Lot Details

  • Landscaped
  • Private Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Transitional Architecture
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Full Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Family

Listing and Financial Details

  • Legal Lot and Block 40 / 2
  • Assessor Parcel Number 010100 54-2-40

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,000

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Accessibility: Accessible Transportation or Bus
  • Year Built: 1910
  • Directions: Exchange St to Sumpter St to Richmond St
  • Above Grade Finished Sq Ft: 1690.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details General Taxes: 3000.0
  • General Taxes Description: Estimated
  • Lot Size: .15 acres
  • New Construction: No
  • Parking Features Parking Total: 3.0
  • Possession Possession Legacy: At Closing
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o307E
  • Co List Office Phone: 518-370-2100
  • Laundry Features:Main Level: Yes
  • Percent Basement Finished: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 300.0
  • Living Area: 1690.0
  • Full Basement: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Private: Yes
  • Accessibility Features:Accessible Transportation or Bus: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Zoned, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Zoned: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Built-in Features4: Yes
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 1 Amenities:Walk-In Closet(s)4: Yes
  • Unit 2 Amenities:Built-in Features5: Yes
  • Unit 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes
  • Unit 2 Amenities:Walk-In Closet(s)5: Yes
  • Unit 1 Amenities:Chair Rail2: Yes

Schools

  • Junior High Dist: South Colonie

Lot Info

  • Lot Features: Private, Landscaped, Corner Lot
  • Parcel #: 010100 54-2-40

Tax Info

  • Tax Annual Amount: 3000.0
  • Tax Block: 2
  • Tax Lot: 40
  • Tax Tract: 54

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Delucia Aaron P $164,800
Closed Spawn Terry A $163,817
Closed Spawn Debra M $11,400
Closed Spawn Terry A $134,000
Closed Spawn Terry A $30,295
Closed Spawn Terry A $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2019 12/19/19 Sold $206,000 -5.9% $122 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/23/2019 09/23/19 Price Changed $219,000 -2.6% $130 / Sq Ft
09/09/2019 09/09/19 For Sale $224,900 -- $133 / 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 $4,378 $88,000 $17,600 $70,400
2023 $4,301 $88,000 $17,600 $70,400
2022 $4,180 $88,000 $17,600 $70,400
2021 $4,128 $88,000 $17,600 $70,400
2020 $3,922 $88,000 $17,600 $70,400
2019 $1,681 $80,000 $16,000 $64,000
2018 $3,055 $80,000 $16,000 $64,000
2017 $0 $80,000 $16,000 $64,000
2016 $3,383 $80,000 $16,000 $64,000
2015 -- $80,000 $16,000 $64,000
2014 -- $80,000 $16,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201929939

Global MLS

APN: 012689-054-013-0002-040-000-0000