NOT LISTED FOR SALE

Estimated Value: $217,786 - $275,000

5 Beds
2 Baths
2,550 Sq Ft
$95/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $195,000 $76 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,743/month

9 Days on Market

Highlights

  • Transitional Architecture
  • No HOA
  • Fenced
  • Wood Flooring
  • Forced Air Heating System
  • 3-minute walk to Franklin St. Park

About This Home

As of June 2021

MULTIPLE OFFERS. BEST & FINAL DUE MON. 4/5 AT 5PM. Fantastic opportunity to own a brick two-family in the popular Mansion area of Albany. This property offers updated units, a fenced yard, off-street parking, remodeled kitchens, and newer gas furnaces (Unit 1's from 2021 & Unit 2's from 2018). Both units are currently rented. Unit 1 rents for $1,495/month & Unit 2 rents for $995/month, totaling a potential income of $29,880/year! Tenants pay separate utilities. Unit 1 is located across 2 levels, and boasts 3 bedrooms, butcher block countertops, ceramic tile & vinyl flooring. Unit 2 boasts 2 bedrooms plus a den, stainless steel appliances, butcher block countertops, ceramic tile, vinyl & hardwood floors, vaulted ceilings, & crown molding. Easy access to Empire State Plaza. A must see! Excellent Condition

Last Agent to Sell the Property

Jonathan Holland

PMI Capital District License #10311206898 Listed on: 03/30/2021

Last Buyer's Agent

Thomas Kuck

Berkshire Hathaway Blake License #30KU0788015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,466

Year Built

  • Built in 1880

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 20.9x100
  • Fenced
  • Level Lot

Home Design

  • 2,550 Sq Ft Home
  • Duplex
  • Transitional Architecture
  • Brick Exterior Construction
  • Rubber Roof

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity, gas
  • Legal Lot and Block 35 / 4
  • Assessor Parcel Number 010100 76.49-4-35

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,466

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Accessibility: Accessible Sidewalks, Accessible Transportation or Bus
  • Year Built: 1880
  • Directions: From southbound on S Pearl St, make a right onto Westerlo St. Then, make a right onto Trinity Pl. 38 Trinity Pl will be on the right.
  • Above Grade Finished Sq Ft: 2550.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details General Taxes: 2221.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3245.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.05
  • Lot Size: 20.9X100
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Possession Possession Legacy: Leased through 07/31/2021
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number of Separate Water Meters: 1
  • Income: 29880.0
  • Subdivision Name: Mansion Area
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Vinyl: Yes
  • Fencing:Fenced: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Ceramic Tile, Hardwood
  • Basement: Apartment, Full, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2550.0
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes
  • Basement:Apartment: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Fencing: Fenced
  • Waterfront: No
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Accessibility Features:Accessible Sidewalks: Yes
  • Accessibility Features:Accessible Transportation or Bus: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Laundry Features: None
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 2 Amenities:Crown Molding3: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes
  • Unit 2 Amenities:Vaulted Ceiling(s)3: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 76.49-4-35
  • Lot Size Sq Ft: 2178.0

Rental Info

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

Tax Info

  • Tax Annual Amount: 5466.0
  • Tax Block: 4
  • Tax Lot: 35

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jun 30, 2021
Sold by
33 Trinity Albany Llc
Bought by
Nya Prime Realty Llc
Seller's Agent
Jonathan Holland
PMI Capital District
Buyer's Agent
Thomas Kuck
Berkshire Hathaway Blake
List Price
$189,000
Sold Price
$195,000
Premium/Discount to List
$6,000
3.17%
Current Estimated Value
$242,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,197
Avg. Annual Appreciation
4.99%
Original Mortgage
$160,225
Outstanding Balance
$145,064
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$97,133

Purchase Details

Listed on
Oct 17, 2017
Closed on
Jul 19, 2018
Sold by
38 Trinity Place Llc
Bought by
38 Trinity Albany Llc
Seller's Agent
Victoria Gettings
Howard Hanna Capital Inc
Buyer's Agent
Brian Zink
Field Realty
List Price
$152,000
Sold Price
$130,000
Premium/Discount to List
-$22,000
-14.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%
Original Mortgage
$104,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2006

Purchase Details

Closed on
Jul 27, 2005
Sold by
County Of Albany
Bought by
Thompson Gloria

Purchase Details

Closed on
Oct 28, 2004
Sold by
Windom Morris Lee
Bought by
Windom Gertrude
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
Nya Prime Realty Llc $189,000 None Available
38 Trinity Albany Llc $130,000 None Available
-- -- --
3S Trinity Place Llc -- None Available
Thompson Gloria $40,000 --
Windom Gertrude -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nya Prime Realty Llc $160,225
Previous Owner 38 Trinity Albany Llc $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $195,000 +3.2% $76 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $189,000 +45.4% $74 / Sq Ft
07/19/2018 07/19/18 Sold $130,000 -12.8% $49 / Sq Ft View Prior Sale
02/28/2018 02/28/18 Pending -- -- --
01/17/2018 01/17/18 Price Changed $149,000 -2.0% $56 / Sq Ft
10/17/2017 10/17/17 Price Changed $152,000 0.0% $58 / Sq Ft
10/17/2017 10/17/17 For Sale $152,000 +16.9% $58 / Sq Ft
10/13/2017 10/13/17 Off Market $130,000 -- --
06/22/2017 06/22/17 Price Changed $154,000 -3.1% $58 / Sq Ft
05/19/2017 05/19/17 Price Changed $159,000 -5.9% $60 / Sq Ft
04/10/2017 04/10/17 For Sale $169,000 -- $64 / 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 $5,681 $189,000 $37,800 $151,200
2023 $5,620 $138,000 $28,000 $110,000
2022 $5,499 $138,000 $28,000 $110,000
2021 $5,487 $138,000 $28,000 $110,000
2020 $5,236 $138,000 $28,000 $110,000
2019 $5,433 $138,000 $28,000 $110,000
2018 $570 $15,000 $14,000 $1,000
2017 $329 $15,000 $14,000 $1,000
2016 $664 $15,000 $14,000 $1,000
2015 $3,559 $129,000 $30,000 $99,000
2014 -- $40,000 $1,500 $38,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202114751

Global MLS

APN: 010100-076-049-0004-035-000-0000