NOT LISTED FOR SALE

Estimated Value: $307,830 - $430,000

3 Beds
3 Baths
3,600 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $310,000 $86 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,562/month

24 Days on Market

Highlights

  • Active Adult
  • Baseboard Heating
  • Level Lot
  • No HOA
  • Privacy Fence
  • 1-minute walk to Philip Street Park

About This Home

As of October 2021

Circa 1890's Triplex in the heart of the highly sought after Mansion District. Fantastic location close to all of the action that Albany has to offer! Original crown moldings and wood work are still throughout the building with a lot of upgrades since owners purchased. Currently there is 1 occupied unit (first floor) which is bringing in $1150/month. The other 2 units have been renovated and ready for new tenants! All units are on separate utilities as well. Turn key 3 unit that will immediately make YOU money! Nothing to do but collect rent. Washer/Dryer on premises for tenants. Private backyard. Excellent Condition

Last Agent to Sell the Property

Steve King

Venture Fox Realty Group LLC License #10401290681 Listed on: 05/17/2021

Last Buyer's Agent

Charlie Brickley

Serenity Real Estate Team License #10401330971

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,700

Year Built

  • Built in 1894

Lot Details

  • Lot Dimensions are 24x73
  • Privacy Fence
  • Fenced
  • Level Lot
  • Cleared Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • Apartment Living Space in Basement

Flooring

  • Carpet
  • Laminate

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for heat
  • Legal Lot and Block 92 / 2
  • Assessor Parcel Number 010100 76.49-2-92

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,700

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1894
  • Directions: Madison Ave to Phillips St- Turn left onto Elm St.
  • Above Grade Finished Sq Ft: 3600.0
  • Lot Size: 24x73
  • 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: 3
  • Insurance Expense Description: Estimated
  • Number of Dishwashers: 1
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Unit Information Number Of Washers: 1
  • Structure Type: Triplex
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Fencing:Privacy: Yes
  • Fencing:Fenced: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Apartment
  • Living Area: 3600.0
  • Owner Pays: Heat
  • Attic Features:Hatch: Yes
  • Basement:Apartment: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Fencing: Privacy, Fenced
  • Waterfront: No
  • Lot Features:Private: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Electric, Hot Water, Natural Gas
  • 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
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Private, Level, Cleared
  • Parcel #: 010100 76.49-2-92

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 1000.0
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6700.0
  • Tax Block: 2
  • Tax Lot: 92
  • Tax Tract: 76.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Oct 8, 2021
Sold by
Elizabeth Lozier
Bought by
Sj Real Estate Properties Llc
Seller's Agent
Steve King
Venture Fox Realty Group LLC
Buyer's Agent
Charlie Brickley
Serenity Real Estate Team
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Current Estimated Value
$365,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,208
Avg. Annual Appreciation
4.12%
Original Mortgage
$248,000
Outstanding Balance
$159,033
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$206,175

Purchase Details

Closed on
Jun 4, 2012
Sold by
39 North Front Street Corp
Bought by
Dorazio Marino and Dorazio Mary Sue

Purchase Details

Closed on
Apr 18, 2006

Purchase Details

Closed on
Apr 14, 2006
Sold by
Dorazio Marino and Dorazio Mary Sue
Bought by
39 North Front Street Corp

Purchase Details

Closed on
Feb 7, 2005
Sold by
Delph Edward
Bought by
Dorazio Marino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.78%
Mortgage Type
New Conventional
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
Sj Real Estate Properties Llc $310,000 Chicago Title
Dorazio Marino -- None Available
-- -- --
39 North Front Street Corp -- None Available
Dorazio Marino $145,000 --
Dorazio Marino $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sj Real Estate Properties Llc $248,000
Previous Owner Dorazio Marino $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $310,000 -3.1% $86 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $319,900 +64.9% $89 / Sq Ft
07/28/2016 07/28/16 Sold $194,000 -5.4% $54 / Sq Ft View Prior Sale
03/16/2016 03/16/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $205,000 -- $57 / 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 $7,747 $293,000 $58,600 $234,400
2023 $7,011 $171,000 $34,200 $136,800
2022 $6,861 $171,000 $34,200 $136,800
2021 $6,846 $171,000 $34,200 $136,800
2020 $6,488 $171,000 $34,200 $136,800
2019 $6,732 $171,000 $34,200 $136,800
2018 $6,503 $171,000 $34,200 $136,800
2017 $6,460 $171,000 $34,200 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202118582

Global MLS

APN: 010100-076-049-0002-092-000-0000