NOT LISTED FOR SALE

298 Western Ave Albany, NY 12203

Pine Hills Neighborhood

Estimated Value: $268,467 - $273,000

5 Beds
2 Baths
1,942 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $250,000 $129 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,949/month

159 Days on Market

Highlights

  • No HOA
  • Bathroom on Main Level
  • Carpet
  • Front Porch
  • Hot Water Heating System
  • 3-minute walk to Madison Avenue Park

About This Home

As of February 2024

Great location with off street parking for three vehicles. Currently leased to a group of students who occupy both floors with a 12 month lease that expires in May 2024 heat is included in rent, one boiler for both units. Walking distance to College of St. Rose and UAlbany downtown campus, great rental history.

Available in a package with 543 Washginton Avenue.

Last Agent to Sell the Property

Mary Bintz

Coldwell Banker Prime Properties License #10401287760 Listed on: 08/29/2023

Coldwell Banker Prime Properties

Last Buyer's Agent

Howard Schaffer

Berkshire Hathaway Home Services Blake License #30SC0946829

Berkshire Hathaway Home Services Blake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,729

Year Built

  • Built in 1890

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 37 x 173

Home Design

  • Duplex
  • Rubber Roof

Interior Spaces

  • 1,942 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Parking

  • 3 Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Front Porch

Schools

  • Albany High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for heat, electricity, gas
  • The owner pays for trash collection, sewer, snow removal, water
  • Legal Lot and Block 16 / 65.6
  • Assessor Parcel Number 65.61-2-16

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,729

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Zoning: Multi Residence
  • Year Built: 1890
  • Directions: near downtown SUNY campus
  • Above Grade Finished Sq Ft: 1942.0
  • Financial Details General Taxes: 2350.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3379.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.15
  • Lot Size: 37 x 173
  • New Construction: No
  • Parking Features Parking Total: 3.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income Description: Actual
  • Income: 33600.0
  • Income Description: Annually
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 1942.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Sewer, Snow Removal, Water
  • Full Basement: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Other
  • Patio And Porch Features: Front Porch
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Other38: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Parking Features: Off Street, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 3.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • 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

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 65.61-2-16
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Electricity, Gas

Tax Info

  • Tax Annual Amount: 5729.0
  • Tax Block: 65.6
  • Tax Lot: 16

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Feb 6, 2024
Sold by
298 Western Ave Llc
Bought by
298Western Ave Llc
Seller's Agent
Mary Bintz
Coldwell Banker Prime Properties
Buyer's Agent
Howard Schaffer
Berkshire Hathaway Home Services Blake
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
151
Current Estimated Value
$270,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,867
Avg. Annual Appreciation
4.55%

Purchase Details

Listed on
Jan 31, 2022
Closed on
Apr 27, 2022
Sold by
Kelly Timothy M
Bought by
298 Western Ave Llc
Seller's Agent
Rachel Teidman
Venture Fox Realty Group LLC
Buyer's Agent
Mary Bintz
Coldwell Banker Prime Properties
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%
Original Mortgage
$199,750
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2015
Sold by
Kipp Robert W and Kipp Susan K
Bought by
Kelly Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2004
Sold by
Trident Capital Llc
Bought by
Santonastaso Jesse

Purchase Details

Closed on
Mar 5, 2003
Sold by
Kosick Jon
Bought by
Trident Capital Llc

Purchase Details

Closed on
Mar 17, 1999
Sold by
Kosich Jon and Britton Donald M
Bought by
Kosich Jon and Holcombe Mark R

Purchase Details

Closed on
Aug 7, 1997

Purchase Details

Closed on
Mar 27, 1997

Purchase Details

Closed on
Feb 4, 1997
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
298Western Ave Llc $250,000 None Listed On Document
298 Western Ave Llc $235,000 None Listed On Document
Kelly Timothy M $145,000 Fidelity Natl Title Ins Co
Santonastaso Jesse $95,000 Joseph Catalano
Trident Capital Llc -- --
Kosich Jon -- --
-- $52,700 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 298 Western Ave Llc $199,750
Previous Owner Kelly Timothy M $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2024 02/06/24 Sold $250,000 -2.0% $129 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $255,000 -3.8% $131 / Sq Ft
08/29/2023 08/29/23 For Sale $265,000 0.0% $136 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
06/30/2023 06/30/23 Price Changed $265,000 -3.6% $136 / Sq Ft
06/06/2023 06/06/23 For Sale $275,000 +17.0% $142 / Sq Ft
04/29/2022 04/29/22 Sold $235,000 0.0% $121 / Sq Ft View Prior Sale
02/07/2022 02/07/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $235,000 +59.9% $121 / Sq Ft
08/28/2014 08/28/14 Sold $147,000 -5.1% $76 / Sq Ft View Prior Sale
08/03/2014 08/03/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $154,900 -- $80 / 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 $6,279 $239,000 $47,800 $191,200
2023 $5,817 $143,000 $28,600 $114,400
2022 $5,692 $143,000 $28,600 $114,400
2021 $5,679 $143,000 $28,600 $114,400
2020 $5,426 $143,000 $28,600 $114,400
2019 $5,630 $143,000 $28,600 $114,400
2018 $5,439 $143,000 $28,600 $114,400
2017 $2,076 $143,000 $28,600 $114,400
2016 $5,274 $143,000 $28,600 $114,400
2014 -- $119,100 $23,800 $95,300
Source: Public Records

Agents Affiliated with this Home

  • Mary Bintz

    Seller's Agent in 2024

    Mary Bintz

    Coldwell Banker Prime Properties

    (518) 428-7177

    10 in this area

    86 Total Sales

    Mary Bintz
    Section Image
  • Howard Schaffer

    Buyer's Agent in 2024

    Howard Schaffer

    Berkshire Hathaway Home Services Blake

    (518) 225-2475

    2 in this area

    10 Total Sales

    Howard Schaffer
    Section Image

  • R

    Seller's Agent in 2022

    Rachel Teidman

    Venture Fox Realty Group LLC

    (518) 888-2779

    1 in this area

    36 Total Sales

    Rachel Teidman
    Section Image

  • A

    Seller's Agent in 2014

    Andrea Burr

    Coldwell Banker Prime Properties

    Section Image

  • D

    Buyer's Agent in 2014

    Dorothy Koreman

    Ryan Realty

  • D

    Buyer's Agent in 2014

    Daniela Keegan

    Hunt ERA

See All Agents

Map

Source: Global MLS

MLS Number: 202318157

Global MLS

APN: 010100-065-061-0002-016-000-0000

New York Albany County Albany 12203 Pine Hills

298 Western Ave, Albany, NY

Not Listed for Sale

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Information is deemed reliable but not guaranteed.



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