NOT LISTED FOR SALE

3 Sherman St Albany, NY 12210

Sheridan Hollow Neighborhood

Estimated Value: $202,000 - $272,000

6 Beds
3 Baths
2,772 Sq Ft
$85/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $150,000 $54 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,569/month

89 Days on Market

Highlights

  • Active Adult
  • Baseboard Heating
  • 5-minute walk to Malcolm X Community Park
  • No HOA

About This Home

As of February 2021

Three-family investment property fully rented with long-term tenants. Centrally located downtown and cornering Lark St. West Mall Center Luxury apartments across the street and overall an attractive area for tenants.

Last Agent to Sell the Property

Kristian Khachadourian

KW Platform License #10401303476 Listed on: 11/25/2020

KW Platform

Co-Listed By

Luke Khachadourian

KW Platform License #10301219050

Last Buyer's Agent

Joseph Amiccuci

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,040

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 22x50.7

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2,772 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • Active Adult
  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 10.3 / 1
  • Assessor Parcel Number 010100 65.80-1-10.3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,040

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Accessibility: See Remarks
  • Year Built: 1900
  • Directions: From Henry Johnson turn onto Sherman St
  • Above Grade Finished Sq Ft: 2772.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 2370.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1670.0
  • School Taxes Description: Estimated
  • Lot Size: 22x50.7
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number of Separate Water Meters: 1
  • Co List Office Mls Id: o2015A
  • Co List Office Phone: 518-724-5800
  • Special Features: None

Interior Features

  • Basement: Bilco Doors, Full
  • Living Area: 2772.0
  • Full Basement: Yes
  • Basement:Bilco Doors: Yes

Exterior Features

  • Construction Type: Brick
  • Waterfront: No
  • Construction Materials:Brick: Yes
  • Accessibility Features:See Remarks24: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.80-1-10.3

Tax Info

  • Tax Annual Amount: 4040.0
  • Tax Block: 1
  • Tax Lot: 10.3

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Feb 22, 2021
Sold by
Tnj Realty Llc
Bought by
Bonnet Jonathan L
Seller's Agent
Kristian Khachadourian
KW Platform
Buyer's Agent
Joseph Amiccuci
KW Platform
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%
Current Estimated Value
$234,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,449
Avg. Annual Appreciation
9.79%
Original Mortgage
$112,500
Outstanding Balance
$100,389
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$134,060

Purchase Details

Closed on
Apr 11, 2014
Sold by
Joseph Agnes
Bought by
Tnj Realty Llc

Purchase Details

Closed on
May 31, 2012
Sold by
Joseph Agnes
Bought by
Joseph Agnes and Yohannan Matthew

Purchase Details

Closed on
Dec 19, 2011
Sold by
Joseph Jaya
Bought by
Joseph Agnes

Purchase Details

Closed on
Oct 7, 2011
Sold by
Goldfinder Llc
Bought by
Joseph Jaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,950
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 2008
Sold by
American Brokers Conuit
Bought by
Goldfinder Llc

Purchase Details

Closed on
Nov 7, 2007
Sold by
Thompson Winston
Bought by
American Brokers Conuit

Purchase Details

Closed on
Sep 24, 1997

Purchase Details

Closed on
Nov 26, 1996
Sold by
Keehfus Gary L
Bought by
Secretary Of Hud
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
Bonnet Jonathan L $150,000 Chicago Title Ins Co
Tnj Realty Llc -- Westcor Land Title Ins Co
Joseph Agnes -- None Available
Joseph Agnes -- None Available
Joseph Jaya $35,000 None Available
Goldfinder Llc $36,000 --
Goldfinder Llc $36,000 None Available
American Brokers Conuit $38,250 --
American Brokers Conduit $38,000 None Available
-- $5,900 --
Secretary Of Hud $122,595 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonnet Jonathan L $112,500
Previous Owner Joseph Jaya $22,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $150,000 -11.2% $54 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $169,000 0.0% $61 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $169,000 -- $61 / 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 $4,022 $147,000 $29,400 $117,600
2023 $3,069 $71,000 $14,200 $56,800
2022 $3,007 $71,000 $14,200 $56,800
2021 $3,000 $71,000 $14,200 $56,800
2020 $4,039 $71,000 $14,200 $56,800
2019 $2,795 $71,000 $14,200 $56,800
2018 $3,951 $71,000 $14,200 $56,800
2017 $1,588 $71,000 $14,200 $56,800
2016 $4,011 $71,000 $14,200 $56,800
2015 $3,093 $75,000 $2,700 $72,300
Source: Public Records

Agents Affiliated with this Home

  • Kristian Khachadourian

    Seller's Agent in 2021

    Kristian Khachadourian

    KW Platform

    (518) 937-4124

    1 in this area

    78 Total Sales

    Kristian Khachadourian
    Section Image
  • Luke Khachadourian

    Seller Co-Listing Agent in 2021

    Luke Khachadourian

    KW Platform

    (518) 724-5800

    1 in this area

    148 Total Sales

    Luke Khachadourian
    Section Image

  • J

    Buyer's Agent in 2021

    Joseph Amiccuci

    KW Platform

See All Agents

Map

Source: Global MLS

MLS Number: 202027237

Global MLS

APN: 010100-065-080-0001-010-003-0000

New York Albany County Albany 12210 Sheridan Hollow

3 Sherman St, Albany, NY

Not Listed for Sale

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