NOT LISTED FOR SALE

Estimated Value: $137,000 - $474,998

6 Beds
2 Baths
1,320 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $128,000 $97 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,465/month

6 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Double Pane Windows
  • No HOA
  • Wood Frame Window
  • Bathroom on Main Level

About This Home

As of February 2023

MULTIPLE OFFERS. BEST & FINAL DUE WEDS 01/25/23 12:00 PM. Amazing opportunity to own a two-family / duplex in Albany! Both units have fresh ROPs (Residential Occupancy Permits). 1st fl is occupied by a long-term tenant w/ a month-to-month lease and full rent subsidy of $995/month. 2nd fl is vacant & ready to rent or owner/occupy. 2nd fl has previously rented for $1,045/month. Total potential income of $2,040/month for both units ($24,480/year), or more! Tenants pay separate gas & electric utilities. Some updates include newer hot water heaters, some newer floors, & some rooms w/ fresh paint. Both units have private back porches. Shared yard and front porch. Conveniently located near bus stop, playground, and many shops and eateries. Listing agent has ownership interest in property

Last Agent to Sell the Property

Jonathan Holland

PMI Capital District License #10311206898 Listed on: 01/19/2023

Last Buyer's Agent

Faruque Ahmed

Fave Realty Inc License #10401339727

Fave Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,941

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x127.3
  • Wood Fence
  • Level Lot
  • Cleared Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Paddle Fans
  • Double Pane Windows
  • Insulated Windows
  • Wood Frame Window
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Linoleum
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Albany High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, electricity, gas
  • Legal Lot and Block 9 / 2
  • Assessor Parcel Number 010100 65.56-2-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,941

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1940
  • Directions: i-90 W to exit 6. Merge onto US-9 S. Right onto Livingston Ave. Left onto N Lake Ave. Left onto 3rd St. 342 3rd St will be on your right.
  • Above Grade Finished Sq Ft: 1320.0
  • Financial Details General Taxes: 759.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1182.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.07
  • Lot Size: 25X127.3
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income: 24480.0
  • Income: 24480.0
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Fencing:Wood4: Yes
  • Electric:Circuit Breakers: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Hardwood, Laminate, Linoleum
  • Basement: Full, Unfinished
  • Interior Amenities: Paddle Fan
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 1320.0
  • Window Features: Double Pane Windows, Wood Frames, Insulated Windows
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Interior Features:Paddle Fan: Yes
  • Full Basement: Yes
  • Attic Features:Hatch: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat, Asphalt
  • Construction Type: Vinyl Siding
  • Fencing: Wood
  • Patio And Porch Features: Rear Porch, Covered, Enclosed, Front Porch
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Patio And Porch Features:Enclosed: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Double Pane Windows2: Yes
  • Window Features:Wood Frames2: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Heating: Baseboard, Natural Gas
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 2 Amenities:Cable Available4: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level, Cleared
  • Parcel #: 010100 65.56-2-9
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Electricity, Gas

Tax Info

  • Tax Annual Amount: 1941.0
  • Tax Block: 2
  • Tax Lot: 9

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 22, 2023
Sold by
Jc Holland Properties Llc
Bought by
342 3Rd Street Albany Ny Llc
Seller's Agent
Jonathan Holland
PMI Capital District
Buyer's Agent
Faruque Ahmed
Fave Realty Inc
List Price
$114,900
Sold Price
$128,000
Premium/Discount to List
$13,100
11.4%
Views
192
Current Estimated Value
$233,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,250
Avg. Annual Appreciation
24.09%

Purchase Details

Listed on
Nov 15, 2012
Closed on
Jan 25, 2013
Sold by
Douglas Vincent
Bought by
Jc Holland Properties Llc
Seller's Agent
Corey Landy
Empire Real Estate Managment LLC
Buyer's Agent
Robert Simmons
The Property Shop
List Price
$59,900
Sold Price
$50,100
Premium/Discount to List
-$9,800
-16.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
May 24, 2011
Sold by
Facteau Sharon E
Bought by
Douglas Vincent

Purchase Details

Closed on
May 21, 2008
Sold by
Thaxter Norman
Bought by
Trusco Bank

Purchase Details

Closed on
Jun 8, 1998
Sold by
Davis Daniel
Bought by
Thaxter Norman
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
342 3Rd Street Albany Ny Llc $128,000 None Listed On Document
Jc Holland Properties Llc $50,500 None Available
Douglas Vincent $260,000 None Available
Trusco Bank $39,000 --
Thaxter Norman $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2023 02/22/23 Sold $128,000 +11.4% $97 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $114,900 +129.3% $87 / Sq Ft
01/25/2013 01/25/13 Sold $50,100 -16.4% $25 / Sq Ft View Prior Sale
12/11/2012 12/11/12 Pending -- -- --
11/15/2012 11/15/12 For Sale $59,900 -- $30 / 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 $2,834 $104,000 $20,800 $83,200
2023 $2,151 $50,000 $10,000 $40,000
2022 $2,811 $50,000 $10,000 $40,000
2021 $2,807 $50,000 $10,000 $40,000
2020 $2,203 $50,000 $10,000 $40,000
2019 $1,969 $50,000 $10,000 $40,000
2018 $2,540 $50,000 $10,000 $40,000
2017 $3,283 $50,000 $10,000 $40,000
2016 $2,654 $50,000 $10,000 $40,000
2015 $2,114 $50,100 $15,700 $34,400
2014 -- $50,100 $15,700 $34,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202310798

Global MLS

APN: 010100-065-056-0002-009-000-0000