$276,000
SOLD SEP 27, 2024
5 Beds
2 Baths
2,088 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

6% Above List Price

25 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Hot Water Heating System
  • Full Attic
  • Bathroom on Main Level
  • Heating System Uses Steam

About This Home

As of September 2024

Discover an exceptional investment opportunity in the heart of Albany with this well-maintained 5 bedroom, 2 bath duplex on Magnolia Terrace. Boasting a convenient layout with 3 bedrooms on the first floor and 2 on the second, this property offers flexibility and income potential in a highly sought-after neighborhood. Agent is related to seller

Last Agent to Sell the Property

Mark Vitale

Vera Cohen Realty, LLC License #10401375494 Listed on: 08/05/2024

Last Buyer's Agent

Arielle Roberts

CM Fox Real Estate License #10401367127

CM Fox Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,527

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,088 Sq Ft Home
  • Full Attic
  • Unfinished Basement

Bedrooms and Bathrooms

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

Schools

  • Albany High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 32.000 / 2
  • Assessor Parcel Number 010100 76.46-2-32

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,527

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Directions: Turn from Delaware Ave at light. House is on left at the end of the street.
  • Above Grade Finished Sq Ft: 2088.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 2721.79
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3804.74
  • School Taxes Description: Actual
  • Lot Size Acres: 0.09
  • Sale Detail Buyer Zip Code: 12553
  • Sale Detail Seller Contribution: Yes
  • Rental Income: 2900.0
  • Rental Income Description: Monthly
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 2088.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Attic Features:Walk-Up: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Full2: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Steam
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 76.46-2-32
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6526.52
  • Tax Block: 2
  • Tax Lot: 32.000
  • Tax Tract: 76.46

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Sep 27, 2024
Sold by
Ipek Havzi
Bought by
Smith Wesley A
Seller's Agent
Mark Vitale
Vera Cohen Realty, LLC
Buyer's Agent
Arielle Roberts
CM Fox Real Estate
List Price
$259,900
Sold Price
$276,000
Premium/Discount to List
$16,100
6.19%
Views
11
Current Estimated Value
$277,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,328
Avg. Annual Appreciation
-6.11%

Purchase Details

Closed on
Jul 22, 2015
Sold by
Bond Eileen
Bought by
Malinoski Kathleen M and Bond John J
Source: Public Records

Similar Homes in Albany, NY

  • 35 Summit Ave, Albany, NY 12209

    $329,900

    • 6 Beds
    • 2 Baths
    • 2,638 Sq Ft
    • 35 Summit Ave
    • Albany, NY

    *Best & final offers due Tues 5/6 at 12 noon* Whether you want to 'owner occupy' or you are a savvy investor looking for a duplex in top condition to produce a solid return on your investment, 35 Summit Ave will exceed your real estate goals. Located near Albany's hospitals, the Empire Plaza & major roadways, this 6 bed duplex has a strong rental history. Both spacious units feature period

    Jenn Baniak-Hollands KW Platform

    Section Image
  • 369 Madison Ave, Albany, NY 12210

    $304,900

    • 3 Beds
    • 2 Baths
    • 1,887 Sq Ft
    • 369 Madison Ave
    • Albany, NY

    Historic brick multi-family in prime location walking distance to downtown Albany! This well-maintained property offers two spacious units. The first apartment features 2 bedrooms, a kitchen living room, and full bath. The second unit includes family room, living room, kitchen, dining area, full bath with washer/dryer and bedroom. Enjoy a fenced in yard, ideal for outdoor relaxation. Newer front

    Nicole Wilkie Howard Hanna Capital Inc

    Section Image
  • 13 Barclay St, Albany, NY 12209

    $229,000

    • 5 Beds
    • 2 Baths
    • 2,148 Sq Ft
    • 13 Barclay St
    • Albany, NY

    Classic Albany Two-Family with Great Potential! Located on a quiet street, this two-family home offers charm, space, and opportunity. The upstairs unit is vacant and perfect for an owner-occupant, featuring hardwoods, 2 bedrooms, 1 bath, and a bonus office nook. The downstairs unit includes 3 bedrooms, with 1 full bath. Both units enjoy front porches, back porches, and access to a fenced-in

    Lisa Wallock Miranda Real Estate Group, Inc

    Section Image
  • 18 Delaware Terrace, Albany, NY 12209

    $239,990

    • 6 Beds
    • 2 Baths
    • 1,792 Sq Ft
    • 18 Delaware Terrace
    • Albany, NY

    Opportunity awaits as this solid renovated Albany two family with separate utilities in a good convenient location hits the market! Features include 3 bedrooms each unit, formal dining rooms, living rooms, eat in kitchens with pantries, laundry each unit, office area, porch, fenced in yard, full basement! Improvements include newer floors, kitchens, new roof and sewage pipe!

    Wayne Newcomb Newcomb Realty Group LLC

    Section Image
  • 278 Morton Ave, Albany, NY 12209

    $239,900

    • 6 Beds
    • 2.5 Baths
    • 2,460 Sq Ft
    • 278 Morton Ave
    • Albany, NY

    ***Back on the market***A terrific opportunity to own this two family property in a great Albany location. Right across from a park . Close to the bus line, a short walk to Albany Med Ctr. , Albany Law and Albany College of Pharmacy. Large rooms in each unit. Front and rear porches, large walk up attic, full basement, ''separated utilities'' plus off street parking! Don't miss this one !

    Bill Hannon Howard Hanna Capital Inc

    Section Image
  • 64 Summit Ave, Albany, NY 12209

    $319,000

    • 6 Beds
    • 2 Baths
    • 2,862 Sq Ft
    • 64 Summit Ave
    • Albany, NY

    Spacious duplex with 3 bedrooms on each floor. The second-floor unit features an updated kitchen, in-unit laundry, Beautiful natural woodwork, and hardwood floors. The 1st floor boiler was replaced in 2022. The 2nd floor boiler was replaced in 2018. The electric service was updated in 2024. The refrigerators in both units were replaced in 2024. Both units are large and well-maintained, offering

    Brian Ward Coldwell Banker Prime Properties

    Section Image
  • 15 Cuyler Ave, Albany, NY 12209

    $309,000

    • 3 Beds
    • 2 Baths
    • 2,044 Sq Ft
    • 15 Cuyler Ave
    • Albany, NY

    Fantastic two family in Albany. This property sits on a nicely sized .26 acre lot with a large two car garage. Upstairs features 2 bedrooms with large walk-in closets and renovated bathroom including new floors, vanity and plumbing. Downstairs features 1 bedroom, spacious living room and dining room, with lots of natural light. Beautiful hardwood floors throughout both floors, along with charming

    Emily Dessingue Berkshire Hathaway Home Services Blake

    Section Image
  • 11 S Dove St, Albany, NY 12202

    $239,000

    • 7 Beds
    • 2 Baths
    • 2,454 Sq Ft
    • 11 S Dove St
    • Albany, NY

    Nicely maintained 2 Family located on a quiet side street. The owner has taken good care of this property. Replacement windows. Fenced rear yard. Active ROP'S for both units.

    Paul Fontane Coldwell Banker Prime Properties

    Section Image
  • 152 Dove St, Albany, NY 12202

    $225,000

    • 4 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 152 Dove St
    • Albany, NY

    Showings start Wednesday 6/11. Don't miss this well maintained 2 Family opportunity in a super convenient Albany location. Beautiful hardwood floors. Tile bathrooms. Kitchens are updated and very large. Laundry in the basement. Short walk to everything in downtown Albany including Washington Park, The Capitol, ESP, nightlife and grocery/package stores. Showings Wednesdays and Saturdays from 3-4

    John DiBlasi DiBlasi Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $276,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $276,000 +6.2% $132 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $259,900 0.0% $124 / Sq Ft
08/05/2024 08/05/24 For Sale $259,900 0.0% $124 / Sq Ft
07/18/2024 07/18/24 For Sale $259,900 -- $124 / 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 $4,513 $116,000 $23,200 $92,800
2023 $6,527 $161,000 $32,200 $128,800
2022 $1,733 $161,000 $32,200 $128,800
2021 $1,726 $161,000 $32,200 $128,800
2020 $2,613 $161,000 $32,200 $128,800
2019 $5,705 $161,000 $32,200 $128,800
2018 $3,835 $161,000 $32,200 $128,800
2016 $3,731 $161,000 $32,200 $128,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202421696

Global MLS

APN: 0101007646232