NOT LISTED FOR SALE

260 Morton Ave Albany, NY 12202

Lincoln Park Neighborhood

Estimated Value: $192,000 - $278,000

6 Beds
2 Baths
2,676 Sq Ft
$89/Sq Ft Est. Value

Last Sold February 08, 2012

Last sale price $75,000 $28 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,622/month

57 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Hot Water Heating System

About This Home

As of February 2012

Rental income near Lincoln Park, two 3 bedroom units off street parking close to schools, shopping and hospitals. Third Party approval. Very Good Condition

Last Agent to Sell the Property

Michael Boehne

Berkshire Hathaway Home Services Blake License #40BO1123507 Listed on: 11/14/2011

Berkshire Hathaway Home Services Blake

Last Buyer's Agent

Michael Boehne

Berkshire Hathaway Home Services Blake License #40BO1123507 Listed on: 11/14/2011

Berkshire Hathaway Home Services Blake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,948

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Built-Up Roof
  • Clapboard

Interior Spaces

  • 2,676 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Assessor Parcel Number 010100 76.55-1-4

Community Details

Overview

  • No Home Owners Association
  • Up/Down

Building Details

  • Insurance Expense $1,301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,948

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Directions: Delaware Avenue to Morton Ave across from Lincoln Park.
  • Above Grade Finished Sq Ft: 2676.0
  • Financial Details General Taxes: 323.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2462.0
  • School Taxes Description: Estimated
  • Financial Details Village Taxes: 1163.0
  • Village Taxes Description: Estimated
  • Lot Size Acres: 0.08
  • Lot Size: 3564
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: expires December 20,2014
  • Sale Detail Seller Contribution: No
  • Electric Expense Description: Tenant
  • Insurance Expense Description: Estimate
  • Rental Income Description: Actual
  • Laundry Features:Main Level: Yes
  • Laundry Features:Upper Level: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2676.0
  • Full Basement: Yes

Exterior Features

  • Roof: Built-Up
  • Construction Type: Other, See Remarks, Clapboard
  • Construction Materials:Other38: Yes
  • Construction Materials:Clapboard2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Laundry Features: Main Level, Upper Level
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: 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

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 76.55-1-4
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Multi Family

  • Insurance Expense: 1301.0

Tax Info

  • Tax Annual Amount: 3948.0
  • Tax Block: 1
  • Tax Lot: 4
  • Tax Tract: 76.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2011
Closed on
Feb 8, 2012
Sold by
Mahoutchian Reza and Mahoutchian Dana
Bought by
Bagley Melissa
Seller's Agent
Michael Boehne
Berkshire Hathaway Home Services Blake
Buyer's Agent
Michael Boehne
Berkshire Hathaway Home Services Blake
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Current Estimated Value
$237,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,142
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Mar 6, 1996
Sold by
Mathias Yousaf H
Bought by
Mahoutchian Reza and Mahoutchian Dana
Source: Public Records

Range of Values:

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Average Value
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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
Bagley Melissa $75,000 None Available
Mahoutchian Reza $75,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahoutchian Reza $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2012 02/08/12 Sold $75,000 -16.6% $28 / Sq Ft
01/10/2012 01/10/12 Pending -- -- --
11/14/2011 11/14/11 For Sale $89,900 -- $34 / 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 $3,957 $201,000 $47,600 $153,400
2023 $2,493 $72,000 $14,400 $57,600
2022 $2,364 $72,000 $14,400 $57,600
2021 $2,334 $72,000 $14,400 $57,600
2020 $2,094 $72,000 $14,400 $57,600
2019 $2,835 $72,000 $14,400 $57,600
2018 $2,088 $72,000 $14,400 $57,600
2017 $986 $72,000 $14,400 $57,600
2016 $2,031 $72,000 $14,400 $57,600
2015 $2,108 $75,000 $24,600 $50,400
2014 -- $75,000 $24,600 $50,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Boehne

    Berkshire Hathaway Home Services Blake

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Map

Source: Global MLS

MLS Number: 201131447

Global MLS

APN: 010100-076-055-0001-004-000-0000

New York Albany County Albany 12202 Lincoln Park

260 Morton Ave, Albany, NY

This home is located at 260 Morton Ave, Albany, NY 12202 since 14 November 2011 and is currently estimated at $237,142, approximately $88 per square foot. This property was built in 1910. 260 Morton Ave 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.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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