$279,000
SOLD MAR 23, 2023
2 Beds
3 Baths
1,836 Sq Ft
871 Sq Ft Lot

Recently Sold

$152 Per Sq Ft

8% Above List Price

14 Days on Market

Highlights

  • No HOA
  • Electric Baseboard Heater
  • Vinyl Flooring

About This Home

As of March 2023

Brick Triplex in a great location! Across the street from SUNY downtown campus, on bus line, walk to Washington Park. Some exposed brick walls! New Roof, new front porch, basement unit had new flooring installed prior to current tenant. Fully occupied, however the tenant in the middle unit will be vacating in February. That tenant has been there for years, and can certainly get higher rent on the turnover. All excellent tenants!! Basement unit is a studio apartment, but very spacious and plenty of room for a sleeping and living area. Units 2 & 3 are both 1 bedroom. 24 Hour Notice for showings, and there is limited availability.

Last Agent to Sell the Property

Erica Vienneau

Veno Properties License #10401283750 Listed on: 01/13/2023

Last Buyer's Agent

Colin McDonald

McDonald Real Estate Comp LLC License #10491210476

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,582

Year Built

  • Built in 1820

Lot Details

  • 871 Sq Ft Lot

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,836 Sq Ft Home
  • 3-Story Property

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Basement

  • Apartment Living Space in Basement
  • Finished Basement Bathroom

Schools

  • Albany High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association
  • Insurance Expense $867

Listing and Financial Details

  • Tenant pays for hot water, heat
  • The owner pays for trash collection, sewer, snow removal, water
  • Legal Lot and Block 22 / 4
  • Assessor Parcel Number 010100 65.63-4-22

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,582

Year Built

Built in 1820

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1820
  • Directions: Washington Ave. 2nd house from the corner of Robin.
  • Above Grade Finished Sq Ft: 1836.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 1164.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1418.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.02
  • Lot Size: 986
  • New Construction: No
  • Sale Detail Buyer Zip Code: 11510
  • Sale Detail Seller Contribution: Yes
  • Rental Income: 2945.0
  • Rental Income Description: Monthly
  • Flooring:Laminate: Yes
  • Flooring:Vinyl: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Laminate
  • Basement: Apartment
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Living Area: 1836.0
  • Bathroom Levels Full Bathroom 1: Basement
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Owner Pays: Trash Collection, Sewer, Snow Removal, Water
  • Basement:Apartment: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Construction Type: Brick
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Electric, Other, Natural Gas
  • Laundry Features: None
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Electric: Yes
  • Heating:Other46: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.63-4-22
  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat

Multi Family

  • Insurance Expense: 867.0

Tax Info

  • Tax Annual Amount: 2582.0
  • Tax Block: 4
  • Tax Lot: 22
  • Tax Tract: 65.63

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 22, 2023
Sold by
397 Washington Ave Albany Llc
Bought by
Adebari Bello Hafiz
Seller's Agent
Erica Vienneau
Veno Properties
Buyer's Agent
Colin McDonald
McDonald Real Estate Comp LLC
List Price
$259,000
Sold Price
$279,000
Premium/Discount to List
$20,000
7.72%
Views
120
Current Estimated Value
$297,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,738
Avg. Annual Appreciation
2.83%
Original Mortgage
$273,946
Outstanding Balance
$267,404
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$30,334

Purchase Details

Closed on
Jul 14, 2022
Sold by
Mcnabb Sarah and Anderson Jacob A
Bought by
397 W Washington Ave Albany Llc

Purchase Details

Closed on
Dec 4, 2017
Sold by
397 Washington Albany Realty Llc
Bought by
Mcveigh John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 1995
Sold by
Carpenter Carol A
Bought by
O'Connor Robert M
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $279,000 First American Title
Quit Claim Deed -- None Available
Deed $137,500 None Available
Land Contract $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $273,946 FHA
Previous Owner $152,625 New Conventional
Previous Owner $110,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Rented $950 0.0% --
05/17/2023 05/17/23 Under Contract -- -- --
05/14/2023 05/14/23 For Rent $950 0.0% --
03/23/2023 03/23/23 Sold $279,000 +7.7% $152 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $259,000 +27.3% $141 / Sq Ft
10/27/2020 10/27/20 Sold $203,500 +1.8% $111 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $199,900 +45.4% $109 / Sq Ft
10/04/2017 10/04/17 Sold $137,500 -5.2% $75 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $145,000 -- $79 / 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 $4,954 $242,000 $38,400 $203,600
2023 $2,635 $60,000 $17,200 $42,800
2022 $2,583 $60,000 $17,200 $42,800
2021 $2,577 $60,000 $17,200 $42,800
2020 $2,276 $60,000 $17,200 $42,800
2019 $2,362 $60,000 $17,200 $42,800
2018 $2,282 $60,000 $17,200 $42,800
2017 $2,524 $60,000 $17,200 $42,800
2016 $4,448 $86,000 $17,200 $68,800
2015 $4,283 $88,400 $17,700 $70,700
2014 -- $88,400 $17,700 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202310533

Global MLS

APN: 010100-065-063-0004-022-000-0000