NOT LISTED FOR SALE

387 Madison Ave Albany, NY 12210

Hudson Park Neighborhood

Estimated Value: $297,000 - $322,720

2 Beds
2 Baths
1,878 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 04, 2012

Last sale price $150,000 $80 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,307/month

62 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • Level Lot
  • 2 Car Detached Garage
  • Laundry Facilities

About This Home

As of April 2012

Center Square living with a two car garage for offstreet parking. Separate utilities for each unit. Two decks, second floor unit has office and one bedroom. Perfect for owner occupant. Easy walk to work! Very Good Condition

Last Agent to Sell the Property

Kevin Clancy

Clancy Real Estate License #35CL0831623 Listed on: 10/21/2011

Last Buyer's Agent

Marabeth Pennell

Raymond White

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1880

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 22.2' x 64.4'
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Rubber Roof

Interior Spaces

  • 1,878 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 53 / 2
  • Assessor Parcel Number 010100 76.31-2-53

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,000

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1880
  • Directions: Madison Avenue Between Dove and Lark
  • Above Grade Finished Sq Ft: 1878.0
  • Lot Size Acres: 0.03
  • Lot Size: 22.2' x 64.4'
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Possession Possession Legacy: immediate
  • Sale Detail Seller Contribution: No
  • Laundry Features:Common Area: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Total Bedrooms: 2
  • Living Area: 1878.0
  • Full Basement: Yes

Exterior Features

  • Roof: Rubber
  • Lot Features:Level: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Natural Gas
  • Laundry Features: Common Area
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: 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 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes
  • Unit 2 Amenities:Skylight(s)6: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 76.31-2-53
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6000.0
  • Tax Block: 2
  • Tax Lot: 53
  • Tax Tract: 76.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2011
Closed on
Mar 30, 2012
Sold by
Furfaro Danielle T
Bought by
Teresi Gregory J
Seller's Agent
Kevin Clancy
Clancy Real Estate
Buyer's Agent
Marabeth Pennell
Raymond White
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%
Current Estimated Value
$325,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,978
Avg. Annual Appreciation
5.50%
Original Mortgage
$128,500
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2006
Sold by
Morehead Adam G
Bought by
Furfaro Danielle T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1999
Sold by
Modasra Gokaldas
Bought by
Desbiens Leo P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 25, 1999
Sold by
Fillian Roberta A
Bought by
Modasra Gokaldas

Purchase Details

Closed on
Apr 10, 1998
Sold by
Modasra Gokaldas Nirmla
Bought by
Fillian Roberta A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Teresi Gregory J $143,000 Chicago Title Insurance Co
Furfaro Danielle T $182,000 Stanley J Skubis
Furfaro Danielle T $182,000 None Available
Desbiens Leo P $69,000 --
Desbiens Leo P $69,000 --
Modasra Gokaldas $64,554 --
Fillian Roberta A $74,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teresi Gregory J $177,750
Closed Teresi Gregory John $60,000
Closed Teresi Gregory J $128,500
Closed Teresi Gregory J $11,424
Previous Owner Furfaro Danielle T $172,900
Previous Owner Morehead Adam G $55,000
Previous Owner Desbiens Leo P $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2012 04/04/12 Sold $150,000 -11.7% $80 / Sq Ft
12/22/2011 12/22/11 Pending -- -- --
10/21/2011 10/21/11 For Sale $169,900 -- $90 / 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 $6,374 $259,000 $51,800 $207,200
2023 $5,659 $139,000 $27,800 $111,200
2022 $5,537 $139,000 $27,800 $111,200
2021 $4,910 $139,000 $27,800 $111,200
2020 $4,636 $139,000 $27,800 $111,200
2019 $5,472 $139,000 $27,800 $111,200
2018 $4,636 $139,000 $27,800 $111,200
2017 $2,169 $139,000 $27,800 $111,200
2016 $4,653 $139,000 $27,800 $111,200
2015 $4,596 $142,800 $37,100 $105,700
2014 -- $142,800 $37,100 $105,700
Source: Public Records

Agents Affiliated with this Home

  • Kevin Clancy

    Seller's Agent in 2012

    Kevin Clancy

    Clancy Real Estate

    (518) 461-9937

    1 in this area

    476 Total Sales

    Section Image

  • M

    Buyer's Agent in 2012

    Marabeth Pennell

    Raymond White

See All Agents

Map

Source: Global MLS

MLS Number: 201129956

Global MLS

APN: 010100-076-031-0002-053-000-0000

New York Albany County Albany 12210 Hudson Park

387 Madison Ave, Albany, NY

This home is located at 387 Madison Ave, Albany, NY 12210 since 21 October 2011 and is currently estimated at $312,680, approximately $166 per square foot. This property was built in 1880. 387 Madison Ave is a home located in Albany County with nearby schools including Giffen Memorial Elementary School, Stephen And Harriet Myers Middle School, and Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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