NOT LISTED FOR SALE

28 Magnolia Terrace Albany, NY 12209

Delaware Avenue Neighborhood

Estimated Value: $234,000 - $300,000

5 Beds
2 Baths
2,088 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $276,000 $132 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,747/month

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

Empire Real Estate Firm LLC License #10401367127

Empire Real Estate Firm LLC

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
  • 2 Units

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 Seller Contribution: Yes
  • Rental Income: 2900.0
  • Rental Income Description: Monthly
  • Architectural Style:Traditional: Yes
  • 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

Tax Info

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

Multi Family

  • Number Of Units Total: 2

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
Empire Real Estate Firm LLC
List Price
$259,900
Sold Price
$276,000
Premium/Discount to List
$16,100
6.19%
Views
11
Current Estimated Value
$272,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,140
Avg. Annual Appreciation
-0.95%

Purchase Details

Closed on
Jul 22, 2015
Sold by
Bond Eileen
Bought by
Malinoski Kathleen M and Bond John J
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
Smith Wesley A $276,000 First American Title
Malinoski Kathleen M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 $3,780 $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

  • 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

  • A

    Buyer's Agent in 2024

    Arielle Roberts

    Empire Real Estate Firm LLC

    (518) 937-3950

    2 in this area

    42 Total Sales

    Arielle Roberts
    Section Image
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Map

Source: Global MLS

MLS Number: 202421696

Global MLS

APN: 0101007646232

New York Albany County Albany 12209 Delaware Avenue

28 Magnolia Terrace, Albany, NY

Not Listed for Sale

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Information is deemed reliable but not guaranteed.



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