NOT LISTED FOR SALE

394 Madison Ave Albany, NY 12210

Hudson Park Neighborhood

Estimated Value: $220,589 - $423,000

6 Beds
3 Baths
3,412 Sq Ft
$101/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $258,000 $76 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,580/month

45 Days on Market

Highlights

  • Senior Community
  • No HOA
  • Baseboard Heating
  • Deck

About This Home

As of January 2020

Come check out this amazing 3 Unit located in Historic Downtown Albany. Each unit is spacious with a back deck, Huge master bedroom, large kitchen and lots of light! Each tenant pays their own utilities. Rent on 1st and 2nd floor could be more! Parking lot behind the house is willing to rent a space to any tenant In this building. Heat source is Electric making this building easy maintenance for the landlord. Come see this amazing historical building for yourself! Excellent Condition

Last Agent to Sell the Property

Jennifer Mentiply

Olmstead Real Estate Grp Inc Listed on: 10/19/2019

Last Buyer's Agent

Colin McDonald

Berkshire Hathaway Home Services Blake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,735

Year Built

  • Built in 1850

Lot Details

  • Lot Dimensions are 22x70
  • Cleared Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,412 Sq Ft Home
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Baseboard Heater

Community Details

  • Senior Community
  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 15 / 3
  • Assessor Parcel Number 010100 76-3-15

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,735

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1850
  • Directions: SOUTH SIDE OF MAIDSON BETWEEN LARK AND DOVE.
  • Above Grade Finished Sq Ft: 3412.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 3474.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 5260.0
  • School Taxes Description: Actual
  • Lot Size: 22X70
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 3
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Living Area: 3412.0
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Patio And Porch Features:Deck: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Cleared
  • Parcel #: 010100 76-3-15

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 8735.0
  • Tax Block: 3
  • Tax Lot: 15
  • Tax Tract: 76

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2006
Sold by
Class Mary Alice
Bought by
Class Ralph E
Current Estimated Value
$343,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,875
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2001
Sold by
Fraser James K Jr Robert A
Bought by
Class Ralph E Mary Alice
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
Class Ralph E -- None Available
Class Ralph E Mary Alice $73,500 William N Jr Young
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrnes Enoch Declan $193,500
Closed Class Ralph Edward $171,000
Closed Class Ralph E $90,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $258,000 -4.4% $76 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/18/2019 11/18/19 Price Changed $269,900 -3.6% $79 / Sq Ft
11/04/2019 11/04/19 Price Changed $279,900 -3.4% $82 / Sq Ft
10/19/2019 10/19/19 For Sale $289,900 -- $85 / 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 $8,533 $302,000 $60,400 $241,600
2023 $9,258 $228,000 $45,600 $182,400
2022 $9,058 $228,000 $45,600 $182,400
2021 $9,038 $228,000 $45,600 $182,400
2020 $8,650 $228,000 $45,600 $182,400
2019 $8,976 $228,000 $45,600 $182,400
2018 $9,548 $228,000 $45,600 $182,400
2017 $3,793 $228,000 $45,600 $182,400
2016 $8,893 $228,000 $45,600 $182,400
2015 $7,891 $215,000 $29,400 $185,600
2014 -- $215,000 $29,400 $185,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jennifer Mentiply

    Olmstead Real Estate Grp Inc

  • C

    Buyer's Agent in 2020

    Colin McDonald

    Berkshire Hathaway Home Services Blake

See All Agents

Map

Source: Global MLS

MLS Number: 201933174

Global MLS

APN: 010100-076-031-0003-015-000-0000

New York Albany County Albany 12202 Hudson Park

394 Madison Ave, Albany, NY

This home is located at 394 Madison Ave, Albany, NY 12210 since 19 October 2019 and is currently estimated at $343,647, approximately $100 per square foot. This property was built in 1850. 394 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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