D
Seller's Agent in 2021
David Schrepper
RE/MAX
399 2nd St Albany, NY 12206
West Hill NeighborhoodEstimated Value: $99,139 - $202,000
6
Beds
2
Baths
2,014
Sq Ft
$78/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Hot Water Heating System
- 3-minute walk to Livingston and Lake Playground
- No HOA
About This Home
As of January 2021Sold individually or for sale as a package with 4 other income producing 2 Family homes (25 North Swan, 458 Livingston Ave, 322 Orange St. and 53 North Manning. Large fully rented 6 bedroom 2 family with separate utilities. This home immediate cash flows as does the 5 property portfolio. Always rented with great cash on cash return and performing at a 12% cap rate. Please see attached financials and virtual tour.
Last Agent to Sell the Property
David Schrepper
RE/MAX Platinum Listed on: 11/18/2020
Last Buyer's Agent
David Schrepper
RE/MAX Platinum Listed on: 11/18/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,164
Lot Details
- Lot Dimensions are 28 x 100
Home Design
- Duplex
- Aluminum Siding
Interior Spaces
- 2,014 Sq Ft Home
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 40 / 4
- Assessor Parcel Number 010100 65-4-40
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2020
Closed on
Jan 22, 2021
Sold by
399 Second Street Llc
Bought by
Capital Region Apartment Rentals Llc
Seller's Agent
David Schrepper
RE/MAX Platinum
Buyer's Agent
David Schrepper
RE/MAX Platinum
List Price
$79,900
Sold Price
$72,500
Premium/Discount to List
-$7,400
-9.26%
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
$85,285
Avg. Annual Appreciation
17.31%
Original Mortgage
$85,000
Outstanding Balance
$75,715
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$82,070
Purchase Details
Listed on
Nov 18, 2020
Closed on
Nov 23, 2020
Sold by
1114 Broadway Llc
Bought by
Capital Region Apt Rentals Llc
Seller's Agent
David Schrepper
RE/MAX Platinum
Buyer's Agent
David Schrepper
RE/MAX Platinum
List Price
$79,900
Sold Price
$72,500
Premium/Discount to List
-$7,400
-9.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$75,715
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$82,070
Purchase Details
Closed on
Aug 10, 2008
Sold by
Elkayam Asaf
Bought by
399 Second Street Llc
Purchase Details
Closed on
Jul 25, 2007
Purchase Details
Closed on
Jan 26, 2007
Sold by
399 Second Street Llc
Bought by
Elkayam Asaf
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,550
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 13, 2005
Sold by
Beitar Realty Llc and Elkayam Asaf
Bought by
399 Orange Street Llc
Purchase Details
Closed on
Nov 29, 2002
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 |
|---|---|---|---|
| Capital Region Apartment Rentals Llc | $72,500 | None Available | |
| Capital Region Apt Rentals Llc | $90,000 | None Listed On Document | |
| 399 Second Street Llc | -- | -- | |
| 399 Second Street Llc | -- | None Available | |
| -- | -- | -- | |
| Elkayam Asaf | -- | None Available | |
| 399 Orange Street Llc | -- | None Available | |
| -- | $9,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Capital Region Apartment Rentals Llc | $85,000 | |
| Previous Owner | Elkayam Asaf | $69,550 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2021 01/22/21 | Sold | $72,500 | -9.3% | $36 / Sq Ft |
| 11/17/2020 11/17/20 | For Sale | $79,900 | -- | $40 / 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 | $1,992 | $71,000 | $14,200 | $56,800 |
| 2023 | $1,402 | $31,000 | $4,200 | $26,800 |
| 2022 | $1,136 | $31,000 | $4,200 | $26,800 |
| 2021 | $757 | $15,000 | $4,200 | $10,800 |
| 2020 | $2,165 | $15,000 | $4,200 | $10,800 |
| 2019 | $769 | $15,000 | $4,200 | $10,800 |
| 2018 | $865 | $15,000 | $4,200 | $10,800 |
| 2017 | $808 | $15,000 | $4,200 | $10,800 |
| 2016 | $553 | $15,000 | $4,200 | $10,800 |
| 2015 | $1,497 | $30,000 | $13,700 | $16,300 |
| 2014 | -- | $30,000 | $13,700 | $16,300 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Global MLS
MLS Number: 202033087
APN: 010100-065-047-0004-040-000-0000
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