NOT LISTED FOR SALE

314 Western Ave Albany, NY 12203

Pine Hills Neighborhood

Estimated Value: $325,710 - $373,000

6 Beds
4 Baths
2,220 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $182,500 $82 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,293/month

11 Days on Market

Highlights

  • Senior Community
  • Forced Air Heating System
  • Wood Siding
  • No HOA
  • Level Lot
  • 3-minute walk to Madison Avenue Park

About This Home

As of January 2014

Exceptional opportunity to own a maintenance free student rental building in the colleges area. Fantastic bi-level unit with 5 bedrooms & 2 full baths. OFF STREET PARKING - 4 vehicles. Fully rehabbed several years ago, this property features separate utilities, stable tenancies and ideal cash flow. Very Good Condition

Last Agent to Sell the Property

Leon Levy

Berkshire Hathaway Home Services Blake License #30LE0983094 Listed on: 11/19/2013

Berkshire Hathaway Home Services Blake

Last Buyer's Agent

Donna Chow

Howard Hanna License #37CH1026113

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 24.4 x 126
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Rubber Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 11 / 2
  • Assessor Parcel Number 010100 65.61-2-11

Community Details

Overview

  • Senior Community
  • No Home Owners Association

Building Details

  • Insurance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,600

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 150.0
  • Year Built: 1910
  • Directions: WESTERN BETWEEN PARTRIDGE AND ONTARIO.
  • Above Grade Finished Sq Ft: 2220.0
  • Architectural Style: Triplex
  • Lot Size Acres: 0.07
  • Lot Size: 24.4 x 126
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: @CLOSING
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Electric Expense Description: Estimated
  • Gas Expense Description: Estimated
  • Insurance Expense Description: Estimated
  • Water Sewer Expense Description: Estimated
  • Income: 29100.0
  • Income Description: Actual
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Special Features: None

Interior Features

  • Basement: Full
  • Below Grade Sq Ft: 800.0
  • Living Area: 2220.0
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes

Exterior Features

  • Roof: Metal, Rubber
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 150.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 65.61-2-11
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Insurance Expense: 1500.0

Tax Info

  • Tax Annual Amount: 5600.0
  • Tax Block: 2
  • Tax Lot: 11
  • Tax Tract: 65.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2013
Closed on
Jan 31, 2014
Sold by
Dozer Blaze Properties Llc
Bought by
Gambacorta Michael B
Seller's Agent
Leon Levy
Berkshire Hathaway Home Services Blake
Buyer's Agent
Leon Levy
Berkshire Hathaway Home Services Blake
List Price
$199,000
Sold Price
$182,500
Premium/Discount to List
-$16,500
-8.29%
Current Estimated Value
$342,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,428
Avg. Annual Appreciation
4.70%
Original Mortgage
$179,193
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 7, 2007
Sold by
Dozer Blaze Properties Llc
Bought by
Loeber Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 2, 2007
Sold by
Dozer Blaze Properties Llc
Bought by
Loeber Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 13, 2006

Purchase Details

Closed on
Mar 7, 2002
Sold by
Bankers Trust Co Californ
Bought by
Loeber Keith

Purchase Details

Closed on
Aug 21, 1997
Sold by
R & M Asset Management Co I Nc
Bought by
Fenton Courtney G
Source: Public Records

Range of Values:

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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
Gambacorta Michael B $182,500 None Available
-- -- --
Dozer Blaze Properties Llc -- None Available
Loeber Keith -- --
Loeber Keith -- A & K Title Agency Llc
-- -- --
Dozer Blaze Properties Llc -- None Available
Loeber Keith $30,500 John Dellaratta
Fenton Courtney G $125,000 --
R/M Asset Management Co Inc $40,000 --
Federal Home Loan Mortgag E Co $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gambacorta Michael B $22,908
Open Gambacorta Michael B $178,124
Closed Gambacorta Michael B $179,193
Previous Owner Loeber Keith $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $182,500 -8.3% $82 / Sq Ft
11/30/2013 11/30/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $199,000 -- $90 / 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 $5,596 $240,000 $48,000 $192,000
2023 $4,948 $132,000 $26,400 $105,600
2022 $4,767 $132,000 $26,400 $105,600
2021 $4,731 $132,000 $26,400 $105,600
2020 $4,371 $132,000 $26,400 $105,600
2019 $5,197 $132,000 $26,400 $105,600
2018 $6,127 $132,000 $26,400 $105,600
2017 $3,821 $132,000 $26,400 $105,600
2016 $6,149 $132,000 $26,400 $105,600
2015 $4,067 $124,100 $24,800 $99,300
2014 -- $124,100 $24,800 $99,300
Source: Public Records

Agents Affiliated with this Home

  • Leon Levy

    Seller's Agent in 2014

    Leon Levy

    Berkshire Hathaway Home Services Blake

    (518) 727-7493

    4 in this area

    159 Total Sales

    Leon Levy
    Section Image

  • D

    Buyer's Agent in 2014

    Donna Chow

    Howard Hanna

    Section Image
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Map

Source: Global MLS

MLS Number: 201333170

Global MLS

APN: 010100-065-061-0002-011-000-0000

New York Albany County Albany 12203 Pine Hills

314 Western Ave, Albany, NY

This home is located at 314 Western Ave, Albany, NY 12203 since 19 November 2013 and is currently estimated at $342,928, approximately $154 per square foot. This property was built in 1910. 314 Western Ave is a home located in Albany County with nearby schools including Pine Hills Elementary School, Stephen And Harriet Myers Middle School, and Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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