NOT LISTED FOR SALE

Estimated Value: $133,000 - $362,000

18 Beds
6 Baths
4,440 Sq Ft
$46/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2024

Last sale price $407,001 $92 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $1,278 / mo

32 Days on Market

Highlights

  • No HOA
  • Bathroom on Main Level
  • Hot Water Heating System
  • Albany High School Rated A-

About This Home

As of May 2024

Three contiguous duplex properties being sold as a package of 6-units. Each duplex contains two 3-bed 1-bath units. Below market rents with significant upside. Nearby the Route 9 thoroughfare, making it a great location for commuters. Also nearby the Tivoli Lake Preserve and Livingstone playground making it great for renter with children. This is a great opportunity for an investor looking to add to their multifamily portfolio. Only 2 units to be shown as model units, offers written contingent on seeing rest of property.

Last Agent to Sell the Property

Samantha Curry

New Scotland Realty License #10491209794 Listed on: 01/09/2024

Last Buyer's Agent

Imran Abdul Qayoom

Jandali Realty License #10401376518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,996

Year Built

  • Built in 1985

Lot Details

  • 2,178

Home Design

  • Duplex
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 4,440 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

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

Schools

  • Albany High School

Additional Features

  • 2,178 Sq Ft Lot
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 65.56-1-55

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,996

Year Built

Built in 1985

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1985
  • Directions: Take Exit 3B from I-787 South, merge onto Madison Ave heading west. Turn right onto S Pearl St, then left onto Myrtle Ave. Continue straight and make a left onto N Lake Ave. Finally, turn right onto 3rd St, and you'll find the properties on your right.
  • Above Grade Finished Sq Ft: 4440.0
  • Lot Size Acres: 0.05
  • Sale Detail Seller Contribution: No
  • Structure Type: Duplex
  • Architectural Style:Duplex: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 6
  • Total Bedrooms: 18
  • Living Area: 4440.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 1st
  • Bathroom Levels Full Bathroom 6: 2nd
  • Basement:None15: Yes

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 65.56-1-55
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2996.0

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
May 6, 2024
Sold by
Shushan Ams Llc
Bought by
Torres New Properties Llc
Seller's Agent
Samantha Curry
New Scotland Realty
Buyer's Agent
Imran Abdul Qayoom
Jandali Realty
List Price
$360,000
Sold Price
$407,001
Premium/Discount to List
$47,001
13.06%
Views
104
Current Estimated Value
$203,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$203,009
Avg. Annual Appreciation
-30.09%
Original Mortgage
$108,534
Outstanding Balance
$106,380
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$97,612

Purchase Details

Closed on
Mar 25, 2019
Sold by
297 301 Third St Llc
Bought by
Shushan Ams Llc

Purchase Details

Closed on
Apr 9, 2015
Sold by
Capital Holding Fund Llc
Bought by
297 301 Third St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.72%

Purchase Details

Closed on
Sep 17, 2014
Sold by
The County Of Albany
Bought by
Capital Holding Fund Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres New Properties Llc $136,000 Legacy Title
Shushan Ams Llc $214,000 Agent For Fidelity Natl Ttl
297 301 Third St Llc -- Chicago Title Ins Co
Capital Holding Fund Llc $23,000 None Available
County Of Albany -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres New Properties Llc $108,534
Previous Owner 297 301 Third St Llc $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $407,001 +13.1% $92 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $360,000 -- $81 / Sq Ft
Source: Global MLS

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
2025 $7,478 $83,000 $16,600 $66,400
2024 $7,478 $83,000 $16,600 $66,400
2023 $1,331 $24,000 $4,800 $19,200
2022 $1,105 $24,000 $4,800 $19,200
2021 $1,103 $24,000 $4,800 $19,200
2020 $911 $24,000 $4,800 $19,200
2019 $869 $24,000 $4,800 $19,200
2018 $1,175 $24,000 $4,800 $19,200
2017 $907 $24,000 $4,800 $19,200
2016 $885 $24,000 $4,800 $19,200
2015 $1,248 $23,000 $6,700 $16,300
2014 -- $99,200 $6,700 $92,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202410364

Global MLS

APN: 010100-065-056-0001-055-000-0000

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