NOT LISTED FOR SALE

227 Lark St Albany, NY 12210

Estimated Value: $565,594

-- Bed
2 Baths
2,520 Sq Ft
$224/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $418,000 $166 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,027/month

61 Days on Market

Highlights

  • Senior Community
  • No HOA
  • Hot Water Heating System
  • Wood Flooring
  • Views
  • 2-minute walk to Washington Park

About This Home

As of November 2019

Completely turn-key and desirable investment opportunity located within the heart of the historic Center Square neighborhood and just steps to downtown Albany, the Capital, Washington Park, NYS offices/buildings, Albany Med., local collages & MORE . Consists of two long-standing and adored eateries + spacious and updated two - bedroom apartment (3rd floor). Original details include wood floors & beams, marble mantel & crown molding. Owner only responsible for insurance. Long-term commercial leases. Very Good Condition

Last Agent to Sell the Property

Colin McDonald

Berkshire Hathaway Home Services Blake Listed on: 07/12/2019

Last Buyer's Agent

Colin McDonald

Berkshire Hathaway Home Services Blake Listed on: 07/12/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,497

Year Built

  • Built in 1848

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 21.4 x 165
  • Level Lot
  • Cleared Lot

Home Design

  • 2,520 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Rubber Roof

Flooring

  • Wood
  • Concrete

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Additional Features

  • Property Views

Listing and Financial Details

  • Tenant pays for trash collection, hot water, heat, internet, snow removal, cable TV, electricity, grounds care
  • Legal Lot and Block 60 / 3
  • Assessor Parcel Number 010100 65.80-3-60

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $3,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,497

Year Built

Built in 1848

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1848
  • Directions: Lark St (across from Chestnut St.)
  • Above Grade Finished Sq Ft: 2520.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 4785.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3712.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.08
  • Lot Size: 21.4 X 165
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: Exclusive Agency Listing,No Special Conditions
  • Insurance Expense Description: Actual
  • Income: 46200.0
  • Income Description: Actual
  • Number of Refrigerators: 1
  • Unit Information Number Of Stoves: 1
  • Subdivision Name: Center Square
  • Percent Basement Finished: Yes
  • Flooring:Wood: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood, Concrete
  • Basement: Finished, Full, Walk-Out Access, See Remarks, Other
  • Living Area: 2520.0
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes
  • Basement:Other53: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Waterfront: No
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • 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

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level, Views, Cleared
  • Parcel #: 010100 65.80-3-60
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Hot Water, Heat, Internet, Snow Removal, Cable TV, Electricity, Grounds Care

Multi Family

  • Insurance Expense: 3800.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 8497.0
  • Tax Block: 3
  • Tax Lot: 60
  • Tax Tract: 65.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Sultana Nahida
Bought by
Netu Kalamazad and Azad Suma Shaika
Current Estimated Value
$565,594

Purchase Details

Closed on
Jun 26, 2013
Sold by
Prolaz Almir and Prolaz Dzevad
Bought by
Rodriguez Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2002
Sold by
Levine Bernard
Bought by
Psolaz Dzevad

Purchase Details

Closed on
Jan 5, 1995
Sold by
Anderson Richard S
Bought by
Levine Bernard and Levine Linda
Source: Public Records

Range of Values:

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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
Netu Kalamazad -- None Listed On Document
Rodriguez Mark $325,000 None Available
Psolaz Dzevad $97,500 Divd Marianni
Levine Bernard $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sproutalbany Llc $315,000
Previous Owner Rodriguez Mark $243,750
Previous Owner Prolaz Almir $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $418,000 -12.0% $166 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $475,000 +46.2% $188 / Sq Ft
01/20/2013 01/20/13 Sold $325,000 -3.0% $86 / Sq Ft
12/09/2012 12/09/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $335,000 -- $89 / 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 $11,338 $438,000 $53,000 $385,000
2023 $6,617 $157,300 $36,700 $120,600
2022 $6,516 $157,300 $36,700 $120,600
2021 $6,502 $157,300 $36,700 $120,600
2020 $6,415 $157,300 $36,700 $120,600
2019 $6,193 $157,300 $36,700 $120,600
2018 $8,497 $157,300 $36,700 $120,600
2017 $3,134 $157,300 $36,700 $120,600
2016 $6,652 $157,300 $36,700 $120,600
2015 $4,563 $115,400 $32,500 $82,900
2014 -- $115,400 $32,500 $82,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Colin McDonald

    Berkshire Hathaway Home Services Blake

  • Julia Rosen

    Seller's Agent in 2013

    Julia Rosen

    Coldwell Banker Prime Properties

    (518) 859-7725

    28 Total Sales

    Julia Rosen
    Section Image

  • P

    Buyer's Agent in 2013

    Paul Mahan

    Gucciardo Real Estate LLC

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Map

Source: Global MLS

MLS Number: 201924916

Global MLS

APN: 010100-065-080-0003-060-000-0000

New York Albany County Albany 12210

227 Lark St, Albany, NY

This home is located at 227 Lark St, Albany, NY 12210 since 12 July 2019 and is currently estimated at $565,594, approximately $224 per square foot. This property was built in 1848. 227 Lark St is a home located in Albany County with nearby schools including Giffen Memorial 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.

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