NOT LISTED FOR SALE

23 Magnolia Terrace Albany, NY 12209

Delaware Avenue Neighborhood

Estimated Value: $215,000 - $293,000

6 Beds
2 Baths
1,888 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $280,000 $148 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,735/month

25 Days on Market

Highlights

  • No HOA
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of August 2024

Welcome to 23 Magnolia Terrace! This duplex boasts 6 bedrooms, 2 baths, and 1,888 sq ft of living space.
Step inside to find a redone first floor with 4 bedrooms, updated bathroom and an open layout perfect for gatherings. Recent upgrades include a new roof, siding, windows, and furnace. 2nd floor is currently rented out and has two beds, one bath. Attic is partly finished and could be redone into more living space.
Schedule a showing today and discover the charm of 23 Magnolia Terrace.

Last Agent to Sell the Property

Mark Vitale

Vera Cohen Realty, LLC License #10401375494 Listed on: 06/04/2024

Last Buyer's Agent

Francesca Archina

HS Capital Realty LLC License #10401369872

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,068

Year Built

  • Built in 1923

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • 1,888 Sq Ft Home
  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Albany High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5.000 / 3
  • Assessor Parcel Number 010100 76.46-3-5 02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,068

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1923
  • Directions: Turn from Delaware Ave at light. House is on right at the end of the street.
  • Above Grade Finished Sq Ft: 1888.0
  • Architectural Style: Other
  • Financial Details General Taxes: 2137.65
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2930.35
  • School Taxes Description: Actual
  • Lot Size Acres: 0.07
  • Sale Detail Seller Contribution: Yes
  • Rental Income: 1200.0
  • Rental Income Description: Monthly
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 1888.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Drywall, Vinyl Siding
  • Waterfront: No
  • Construction Materials:Drywall: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas, Oil
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil2: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 76.46-3-5 02
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5067.9
  • Tax Block: 3
  • Tax Lot: 5.000

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2006
Sold by
Somarriba Ernesto Daysi
Bought by
Schaffer Adam C
Current Estimated Value
$247,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,450
Outstanding Balance
$7,196
Interest Rate
6.27%
Mortgage Type
Cash
Estimated Equity
$240,338
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
Schaffer Adam C $125,000 Bacon David
Schaffer Adam C $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffer Adam C $12,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $280,000 +1.8% $148 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $275,000 0.0% $146 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $275,000 -- $146 / 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 $5,230 $175,000 $35,000 $140,000
2023 $5,068 $124,000 $24,800 $99,200
2022 $4,959 $124,000 $24,800 $99,200
2021 $4,948 $124,000 $24,800 $99,200
2020 $4,973 $124,000 $24,800 $99,200
2019 $4,882 $124,000 $24,800 $99,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mark Vitale

    Vera Cohen Realty, LLC

    (518) 533-8775

    2 in this area

    13 Total Sales

    Mark Vitale
    Section Image

  • F

    Buyer's Agent in 2024

    Francesca Archina

    HS Capital Realty LLC

    (518) 229-0772

    2 in this area

    12 Total Sales

    Francesca Archina
    Section Image
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Map

Source: Global MLS

MLS Number: 202417223

Global MLS

APN: 010100-076-046-0003-005-000-0000

New York Albany County Albany 12209 Delaware Avenue

23 Magnolia Terrace, Albany, NY

Not Listed for Sale

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Information is deemed reliable but not guaranteed.



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