Seller's Agent in 2024
Dan Greagan
Elevate Company
(518) 618-3578
2 in this area
13 Total Sales
386 Delaware Ave Albany, NY 12209
Delaware Avenue NeighborhoodEstimated Value: $295,002
2
Beds
3
Baths
2,838
Sq Ft
$104/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Forced Air Heating and Cooling System
- Albany High School Rated A-
- Bathroom on Main Level
- Gated Home
About This Home
As of November 2024Prime Investment Opportunity in Albany!
Unlock the potential of this versatile building located in the heart of Delaware ave. With 2,000 square feet of vacant 1st floor space, this property offers a blank canvas perfect for retail or development to a 4-unit building, catering to the growing demand for quality housing in the area. The 2nd floor features a well-maintained, occupied unit currently generating $1,200 per month.
Situated in a vibrant neighborhood with easy access to local amenities, public transportation, and major roadways, this property is an ideal addition to any investment portfolio. This property neighbors 390 Delaware Ave, also listed for sale, with the potential to develop the building up to 6 units. These properties may be purchased together or separately.
Last Agent to Sell the Property
Elevate Company License #10491212296 Listed on: 10/03/2024
Last Buyer's Agent
Nii Nortey
Weichert Realtors Fontaine & Associates
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,669
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 25x100
- Property fronts a private road
- Gated Home
Home Design
- 2,838 Sq Ft Home
- Duplex
- Flat Roof Shape
- Combination Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
Schools
- Albany High School
Utilities
- Forced Air Heating and Cooling System
Additional Features
- Unfinished Basement
Community Details
- No Home Owners Association
Listing and Financial Details
- Tenant pays for internet, electricity, gas
- The owner pays for water
- Legal Lot and Block 32.000 / 1
- Assessor Parcel Number 010100 76.61-1-32
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2024
Closed on
Nov 21, 2024
Sold by
Davey Jones Real Estate Llc
Bought by
Nh Matiasco Llc
Seller's Agent
Dan Greagan
Elevate Company
Buyer's Agent
Nii Nortey
Weichert Realtors Fontaine & Associates
List Price
$179,800
Sold Price
$176,000
Premium/Discount to List
-$3,800
-2.11%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,002
Avg. Annual Appreciation
54.92%
Original Mortgage
$196,500
Outstanding Balance
$194,320
Interest Rate
6.54%
Mortgage Type
Construction
Estimated Equity
$100,682
Purchase Details
Closed on
Dec 6, 2006
Sold by
George Charles
Bought by
Davey Jones Real Estate Llc
Purchase Details
Closed on
Jan 31, 1997
Sold by
Tedeschi Terry
Bought by
George Charles O and George Mary J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nh Matiasco Llc | $176,000 | Fidelity National Title | |
| Davey Jones Real Estate Llc | -- | Charles Haviland | |
| George Charles O | $87,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nh Matiasco Llc | $196,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2024 11/21/24 | Sold | $176,000 | -2.1% | $62 / Sq Ft |
| 10/15/2024 10/15/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | For Sale | $179,800 | -- | $63 / Sq Ft |
Source: Global MLS
Tax History Compared to Growth
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 | $6,137 | $191,500 | $38,000 | $153,500 |
| 2023 | $4,801 | $121,800 | $26,500 | $95,300 |
| 2022 | $4,694 | $121,800 | $26,500 | $95,300 |
| 2021 | $4,684 | $121,800 | $26,500 | $95,300 |
| 2020 | $4,621 | $121,800 | $26,500 | $95,300 |
| 2019 | $4,795 | $121,800 | $26,500 | $95,300 |
| 2018 | $4,632 | $121,800 | $26,500 | $95,300 |
| 2017 | $1,768 | $121,800 | $26,500 | $95,300 |
| 2016 | $4,492 | $121,800 | $26,500 | $95,300 |
| 2015 | $4,081 | $111,200 | $23,500 | $87,700 |
| 2014 | -- | $111,200 | $23,500 | $87,700 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Greagan
-
N
Buyer's Agent in 2024
Nii Nortey
Weichert Realtors Fontaine & Associates
Map
Source: Global MLS
MLS Number: 202426681
APN: 010100-076-061-0001-032-000-0000
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