NOT LISTED FOR SALE

Estimated Value: $136,000 - $227,000

6 Beds
2 Baths
2,370 Sq Ft
$72/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $120,000 $51 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $982/month

5 Days on Market

Highlights

  • 0.2 Acre Lot
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Window Unit Cooling System

About This Home

As of December 2021

Excellent opportunity to own an Albany multifamily home. First and second floor offer spacious living rooms, dining rooms, and kitchens complete with a full bath and three bedrooms. Original hardwood flooring and molding throughout. Deep yard. First floor vacant second floor owner occupied, works as an investment or owner occupied. Estimated rents at $1,100 per flat returns a cap rate in the 17% range. Easy to show, inquire today!

Last Agent to Sell the Property

Davina Resciniti

Miuccio Real Estate Group License #10401354316 Listed on: 08/20/2021

Last Buyer's Agent

Davina Resciniti

Miuccio Real Estate Group License #10401354316 Listed on: 08/20/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 24.9 x 125

Parking

  • Open Parking

Home Design

  • Duplex
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 2,370 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Legal Lot and Block 11 / 5
  • Assessor Parcel Number 010100 65.55-5-11

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$935

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Directions: North Lake Ave to 1st Street house is on right hand side.
  • Above Grade Finished Sq Ft: 2370.0
  • Financial Details General Taxes: 582.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 353.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.2
  • Lot Size: 24.9 x 125
  • New Construction: No
  • Possession Possession Legacy: At Closing
  • Sale Detail Buyer Zip Code: 11691
  • Sale Detail Seller Contribution: No
  • Laundry Features:Main Level: Yes
  • Laundry Features:Upper Level: Yes
  • Flooring:Wood: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2370.0
  • Full Basement: Yes
  • Attic Features:Hatch: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric, Natural Gas
  • Laundry Features: Main Level, Upper Level
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Built-in Features4: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:Built-in Features5: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.55-5-11
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Electricity

Tax Info

  • Tax Annual Amount: 935.0
  • Tax Block: 5
  • Tax Lot: 11
  • Tax Tract: 65.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Dec 7, 2021
Sold by
Teabout Synclaire A
Bought by
Rock Beach North Llc
Seller's Agent
Davina Resciniti
Miuccio Real Estate Group
Buyer's Agent
Davina Resciniti
Miuccio Real Estate Group
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$147,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,968
Avg. Annual Appreciation
4.39%
Original Mortgage
$96,000
Outstanding Balance
$89,057
Interest Rate
2.98%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$51,424

Purchase Details

Listed on
May 25, 2019
Closed on
Jul 30, 2019
Sold by
Fiddemon Keleaf
Bought by
Mair Quavon R and Teabout Synclaire A
Seller's Agent
Shawn Clark
M J J Realty
Buyer's Agent
Thomas Kuck
Berkshire Hathaway Blake
List Price
$94,900
Sold Price
$95,000
Premium/Discount to List
$100
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$98,875
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2018
Sold by
Palmer Elizabeth and New York State Department Of T
Bought by
Wilmingon Savings Fund Society and Stanwich Mortgage Loan Trust A

Purchase Details

Closed on
Feb 23, 2009
Sold by
Barber William
Bought by
Palmer Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2008
Sold by
Us Bank National Assoc
Bought by
Barber William

Purchase Details

Closed on
Oct 2, 2008
Sold by
Us Bank Na
Bought by
Barber William R

Purchase Details

Closed on
Jul 24, 2008
Sold by
Monteiro Ana Paula
Bought by
Us Bank National Assoc

Purchase Details

Closed on
Oct 25, 2005
Sold by
Chazrter One Bank Na
Bought by
Monteiro Ana Paula L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2005
Sold by
Charter One Bank Na
Bought by
Monteiro Ana Paula L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 25, 2005
Sold by
Berry Joseph
Bought by
Charter One Bank Na
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
Rock Beach North Llc $120,000 Old Republic National Title
Mair Quavon R $101,000 None Available
Wilmingon Savings Fund Society $1,000 None Available
Palmer Elizabeth $110,000 --
Palmer Elizabeth $110,000 Wtr Title Agency
Barber William $15,000 --
Barber William R $15,000 Wtr Title
Us Bank National Assoc $96,000 --
U S Bank Na $96,000 None Available
Monteiro Ana Paula L $42,000 --
Monteiro Ana Paula L $42,000 None Available
Charter One Bank Na $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock Beach North Llc $96,000
Closed Rock Beach North Llc $96,000
Previous Owner Mair Quavon R $98,875
Previous Owner Palmer Elizabeth $88,000
Previous Owner Monteiro Ana Paula L $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $120,000 -4.0% $51 / Sq Ft
08/20/2021 08/20/21 For Sale $125,000 +31.6% $53 / Sq Ft
07/30/2019 07/30/19 Sold $95,000 +0.1% $40 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $94,900 0.0% $40 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $94,900 0.0% $40 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $94,900 +427.2% $40 / Sq Ft
10/19/2018 10/19/18 Sold $18,000 -27.7% $8 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $24,900 -- $11 / 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 $2,069 $107,000 $21,400 $85,600
2023 $771 $15,000 $4,500 $10,500
2022 $758 $15,000 $4,500 $10,500
2021 $757 $15,000 $4,500 $10,500
2020 $625 $15,000 $4,500 $10,500
2019 $1,171 $15,000 $4,500 $10,500
2018 $920 $15,000 $4,500 $10,500
2017 $1,119 $15,000 $4,500 $10,500
2016 $1,038 $15,000 $4,500 $10,500
2015 $1,899 $15,000 $1,500 $13,500
2014 -- $80,000 $1,500 $78,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202126721

Global MLS

APN: 010100-065-055-0005-011-000-0000