NOT LISTED FOR SALE

25 Myrtle Ave Albany, NY 12202

Mansion Area Neighborhood

Estimated Value: $282,000 - $389,962

9 Beds
3 Baths
2,800 Sq Ft
$121/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $255,000 $91 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,299/month

20 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-minute walk to Philip Street Park
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of March 2022

Solid Brick 3 Family in Mansion district, always rented to good tenants. $40k+ w/out disc or fees current annual rent roll, all on Mo to MO leases for flexibility for the new owner. 1 (2br) & 1 (3BR) & 1 (4BR) units - rents can definitely go higher on the 3Br & 4Br. Suitable to owner occupy or investment. 3 Separate newer heating and hot water systems - Tenants pay all utilities.

Last Agent to Sell the Property

Steve Alvarez

Empire Property Managment Group LLC License #49AL0939692 Listed on: 02/02/2022

Last Buyer's Agent

Michael Kane

Coldwell Banker Prime Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 1880

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Schools

  • Albany High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, electricity, gas
  • Tax Lot 85
  • Assessor Parcel Number 010100 76.49-5-85

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,292

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1880
  • Directions: Madison to Phillip to Left on Myrtle , building on left.
  • Above Grade Finished Sq Ft: 2800.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 5291.83
  • General Taxes Description: Estimated
  • Lot Size Acres: 0.03
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Rental Income: 40404.0
  • Rental Income Description: Yearly
  • Percent Basement Finished: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Basement: Apartment, Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Living Area: 2800.0
  • Full Basement: Yes
  • Basement:Apartment: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Brick
  • Fencing: None
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No
  • Property Detail:Parking YN: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: 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 76.49-5-85
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Electricity, Gas

Tax Info

  • Tax Annual Amount: 5291.83
  • Tax Lot: 85

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2009
Sold by
Barone Carmine
Bought by
Alan Jeffrey
Current Estimated Value
$339,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,480
Outstanding Balance
$112,033
Interest Rate
5.18%
Estimated Equity
$227,208

Purchase Details

Closed on
Apr 25, 2005
Sold by
Wittbrodt Malgorzata
Bought by
Barone Carmine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,750
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2000
Sold by
Albany Comm Devel Agency
Bought by
Wittbrodt Malgorzata
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
Alan Jeffrey $220,600 Kelleher & Associates
Alan Jeffrey $221,000 None Available
Barone Carmine $197,000 Edward Haddad
Wittbrodt Malgorzata $200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alan Jeffrey $176,480
Previous Owner Barone Carmine $129,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2022 03/23/22 Sold $255,000 +2.0% $91 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $249,900 0.0% $89 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $249,900 -- $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 $6,242 $234,000 $46,800 $187,200
2023 $5,434 $131,000 $26,200 $104,800
2022 $5,319 $131,000 $26,200 $104,800
2021 $5,308 $131,000 $26,200 $104,800
2020 $4,970 $131,000 $26,200 $104,800
2019 $5,157 $131,000 $26,200 $104,800
2018 $4,982 $131,000 $26,200 $104,800
2017 $1,902 $131,000 $26,200 $104,800
2016 $4,832 $131,000 $26,200 $104,800
2015 $6,321 $175,000 $45,500 $129,500
2014 -- $212,600 $45,500 $167,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Steve Alvarez

    Empire Property Managment Group LLC

    (518) 432-7368

    3 in this area

    11 Total Sales

    Steve Alvarez
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Kane

    Coldwell Banker Prime Prop.

See All Agents

Map

Source: Global MLS

MLS Number: 202210578

Global MLS

APN: 010100-076-049-0005-085-000-0000

New York Albany County Albany 12202 Mansion Area

25 Myrtle Ave, Albany, NY

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