NOT LISTED FOR SALE

Estimated Value: $445,403

8 Beds
3.5 Baths
3,456 Sq Ft
$129/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $395,000 $114 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,182/month

6 Days on Market

Highlights

  • Finished Attic
  • Enclosed Glass Porch
  • Bathroom on Main Level
  • No HOA
  • Security System Owned
  • 3-minute walk to Madison Avenue Park

About This Home

As of August 2023

++OFFERS DUE MONDAY AT 5:00++ INVESTORS TAKE NOTE - MONEY MAKING PROPERTY. This former college residence hall is a spacious two unit property with 8 bedrooms and 3 1/2 bathrooms. .First floor unit has two large bedrooms 1 1/2 baths and a 3 season porch. The upstairs unit is a bi-level with 4 bedrooms and a full bath on the second level and 2 more bedrooms and a full bath on the third level. The home has been extremely well maintained and is equipped with a fire sprinkler system, security lights and cameras as well as a fire escape. Updated windows throughout, new radiators. The property has a coin operated laundry in the basement and 8 parking spots behind the property that current owners rent to tenants/others per semester, the lot is monitored.

Last Agent to Sell the Property

Mary Bintz

Coldwell Banker Prime Properties License #10401287760 Listed on: 06/14/2023

Coldwell Banker Prime Properties

Last Buyer's Agent

Lucy Ann Sokaris

Miranda Real Estate Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,403

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Duplex
  • Clapboard
  • Asphalt

Interior Spaces

  • 3,456 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Finished Attic

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Bathroom on Main Level

Home Security

  • Security System Owned
  • Security Lights
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape

Parking

  • 8 Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed Glass Porch
  • Glass Enclosed

Schools

  • Albany High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Baseboard Heater
  • 200+ Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 15 / 65.6
  • Assessor Parcel Number 65.61-2-15

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,403

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Directions: see GPS.
  • Above Grade Finished Sq Ft: 3456.0
  • Financial Details General Taxes: 2504.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3899.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.16
  • New Construction: No
  • Parking Features Parking Total: 8.0
  • Sale Detail Buyer Zip Code: 12211
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number of Separate Water Meters: 2
  • Flooring:Laminate: Yes
  • Flooring:Ceramic Tile: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Living Area: 3456.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Bathroom Levels Half Bathroom 1: 1st
  • Full Basement: Yes
  • Attic Features:Finished2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Clapboard
  • Patio And Porch Features: Rear Porch, Side Porch, Covered, Enclosed, Glass Enclosed
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Patio And Porch Features:Enclosed: Yes
  • Construction Materials:Clapboard2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Side Porch: Yes
  • Patio And Porch Features:Glass Enclosed: Yes

Garage/Parking

  • Parking Features: Off Street, Paved, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 8.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 200+ Amp Service
  • Heating: Baseboard, Electric, Hot Water, Natural Gas
  • Security: Security System Owned, Fire Sprinkler System, Fire Escape, Security Lights, Smoke Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: 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 #: 65.61-2-15
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6403.0
  • Tax Block: 65.6
  • Tax Lot: 15
  • Tax Tract: 2

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2016
Sold by
Ferracane Giuseppe
Bought by
G Ferracane Property Co Llc
Current Estimated Value
$445,403

Purchase Details

Listed on
Dec 7, 2013
Closed on
Jul 17, 2014
Sold by
The College Of Saint Rose
Bought by
Ferrancane Giuseppe
Seller's Agent
David Phaff
Howard Hanna Capital Inc
Buyer's Agent
David Phaff
Howard Hanna Capital Inc
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Dec 7, 2001
Sold by
Burke Comm Service Corp
Bought by
The College Of St Rose

Purchase Details

Closed on
Jun 3, 1997
Sold by
Catholic Charities Of The Dioc
Bought by
Mccloskey Community Servi Ce C
Source: Public Records

Range of Values:

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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
G Ferracane Property Co Llc -- None Available
Ferrancane Giuseppe $210,000 None Available
The College Of St Rose $100,000 Louis Jr. Dempf
Burke Comm Service Corp $100,000 Mark A Mainello
Mccloskey Community Servi Ce C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fredericks Lawrence D $296,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $395,000 +2.6% $114 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $385,000 +83.3% $111 / Sq Ft
07/30/2014 07/30/14 Sold $210,000 -16.0% $61 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
12/06/2013 12/06/13 For Sale $249,900 -- $72 / 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 $8,658 $392,000 $38,000 $354,000
2023 $6,504 $165,000 $26,500 $138,500
2022 $6,359 $165,000 $26,500 $138,500
2021 $6,345 $165,000 $26,500 $138,500
2020 $6,260 $165,000 $26,500 $138,500
2019 $5,929 $165,000 $26,500 $138,500
2018 $6,321 $165,000 $26,500 $138,500
2017 $2,395 $165,000 $26,500 $138,500
2016 $6,086 $165,000 $26,500 $138,500
2015 $3,973 $126,600 $12,700 $113,900
2014 -- $126,600 $12,700 $113,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202318702

Global MLS

APN: 010100-065-061-0002-015-000-0000