NOT LISTED FOR SALE

391 Washington Ave Albany, NY 12206

Central Avenue Neighborhood

Estimated Value: $237,000 - $320,328

7 Beds
3 Baths
1,848 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $215,000 $116 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,031/month

8 Days on Market

Highlights

  • Senior Community
  • Hot Water Heating System
  • Level Lot
  • No HOA

About This Home

As of October 2019

Student rental investors take note. Nothing to do but take possession and collect cash. Well maintained 3 unit building, centrally located featuring stable tenancies, separate electric,unit 2 with 2 full bath, great cash flow and so much more -- Very Good Condition

Last Agent to Sell the Property

Leon Levy

Berkshire Hathaway Home Services Blake License #30LE0983094 Listed on: 07/24/2019

Berkshire Hathaway Home Services Blake

Last Buyer's Agent

David Greco

Galloway Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,031

Year Built

  • Built in 1890

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 25 x 58
  • Level Lot

Home Design

  • Triplex
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for heat
  • Legal Lot and Block 25 / 4
  • Assessor Parcel Number 010100 65-4-25

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $1,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,031

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1890
  • Directions: N Lake Ave to Washington Ave
  • Above Grade Finished Sq Ft: 1848.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 1530.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2501.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.03
  • Lot Size: 25 x 58
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Unit Information Number Of Washers: 1
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Below Grade Sq Ft: 600.0
  • Living Area: 1848.0
  • Owner Pays: Heat
  • Full Basement: Yes
  • Unit 2 Owner Furnish Features:Gas7: Yes
  • Unit 1 Owner Furnish Features:Gas6: Yes
  • Unit 3 Owner Furnish Features:Gas8: Yes

Exterior Features

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 1865.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 65-4-25
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Insurance Expense: 1420.0
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4031.0
  • Tax Block: 4
  • Tax Lot: 25
  • Tax Tract: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2011
Sold by
391 Washington Ave Inc
Bought by
Park Hill Heights Llc
Current Estimated Value
$285,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,750
Interest Rate
4.49%
Mortgage Type
Unknown
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
Park Hill Heights Llc $113,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santorelli Michael A $161,250
Closed Park Hill Heights Llc $84,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2019 10/22/19 Sold $215,000 0.0% $116 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $215,000 -- $116 / 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 $5,387 $223,000 $44,600 $178,400
2023 $4,448 $106,000 $21,200 $84,800
2022 $4,355 $106,000 $21,200 $84,800
2021 $4,346 $106,000 $21,200 $84,800
2020 $4,022 $106,000 $21,200 $84,800
2019 $4,173 $106,000 $21,200 $84,800
2018 $4,031 $106,000 $21,200 $84,800
2017 $1,539 $106,000 $21,200 $84,800
2016 $3,910 $106,000 $21,200 $84,800
2015 $4,151 $113,100 $26,200 $86,900
2014 -- $113,100 $26,200 $86,900
Source: Public Records

Agents Affiliated with this Home

  • Leon Levy

    Seller's Agent in 2019

    Leon Levy

    Berkshire Hathaway Home Services Blake

    (518) 727-7493

    2 in this area

    162 Total Sales

    Leon Levy
    Section Image

  • D

    Buyer's Agent in 2019

    David Greco

    Galloway Real Estate

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Map

Source: Global MLS

MLS Number: 201925997

Global MLS

APN: 010100-065-063-0004-025-000-0000

New York Albany County Albany 12203 Central Avenue

391 Washington Ave, Albany, NY

This home is located at 391 Washington Ave, Albany, NY 12206 since 24 July 2019 and is currently estimated at $285,582, approximately $154 per square foot. This property was built in 1890. 391 Washington Ave is a home located in Albany County with nearby schools including Sheridan Preparatory Academy, 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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