NOT LISTED FOR SALE

40 Folmsbee Dr Albany, NY 12204

Estimated Value: $547,000 - $684,000

5 Beds
3.5 Baths
2,960 Sq Ft
$211/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $645,000 $218 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,427/month

2 Days on Market

Highlights

  • Custom Home
  • Dining Room with Fireplace
  • Stone Countertops
  • Loudonville Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of April 2024

OPEN HOUSE CANCELLED. Here it is, your dream home that checks all the boxes. This center-hall colonial is situated in an idyllic Roost Estates- a North Colonie (Loudonville El) neighborhood, yet moments from major highways, schools, hospitals and golf courses. The spacious layout features a full dining room, high-end kitchen cabinetry and breakfast nook with fireplace, large family room w/ french doors to stone patio and walk-out finished basement. The second level features 4 bedrooms, hardwoods and a newer primary en-suite. You'll also enjoy the first floor office/5th bed, 2-car garage, gym and full bath on lower level! With a private and landscaped backyard, you'll be the host for all get-togethers. This is a ''forever'' home!

Last Agent to Sell the Property

Johanna Clarke

Field Realty License #10401291706 Listed on: 03/20/2024

Co-Listed By

Michael Field

Field Realty License #10491203035

Last Buyer's Agent

May Masri

KW Platform License #10401360924

KW Platform

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,800

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 0.41 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Built-In Gas Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Bathroom on Main Level
  • Ceramic Tile in Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement
  • Stubbed For A Bathroom

Schools

  • Shaker High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 012603 54.12-3-5

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,800

Year Built

Built in 1968 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1968
  • Directions: Van Rensselaer Blvd to Sky Hollow at traffic light. Keep right along Macaffer to Newell. Left on to Folmsbee.
  • Above Grade Finished Sq Ft: 2960.0
  • Architectural Style: Colonial, Custom, Traditional
  • Financial Details Full Market Assessment: 715700
  • Financial Details General Taxes: 3644.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 9908.0
  • School Taxes Description: Actual
  • Financial Details Tax Assessed Value: 365000.0
  • Financial Details Village Taxes: 3252.0
  • Village Taxes Description: Actual
  • Lot Size Acres: 0.41
  • New Construction: No
  • Parking Features Parking Total: 5.0
  • Primary Bedroom Level: Second
  • Sale Detail Buyer Zip Code: 12110
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o2381A
  • Co List Office Phone: 518-495-1877
  • Garage Yn: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Architectural Style:Colonial: Yes
  • Percent Basement Finished: Yes
  • Flooring:Hardwood: Yes
  • Cooling:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Flooring:Ceramic Tile: Yes
  • Basement Heated: Yes
  • Architectural Style:Custom: Yes
  • Laundry Features:In Basement: Yes
  • Fencing:Partial2: Yes
  • Architectural Style:Traditional: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Basement: Bath/Stubbed, Exterior Entry, Finished, Full, Heated, Interior Entry, Walk-Out Access
  • Interior Amenities: Built-in Features, Ceramic Tile Bath, Chair Rail, Crown Molding, Eat-in Kitchen, Kitchen Island
  • Appliances: Built-In Gas Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1000.0
  • Fireplace Features: Dining Room, Family Room, Gas, Wood Burning
  • Fireplaces: 2
  • Living Area: 2960.0
  • Bedroom Level: Second
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Office Level: First
  • Window Features: Window Coverings, Window Treatments
  • Bathroom Levels Full Bathroom 1: Basement
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Half Bathroom 1: 1st
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Oven: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Basement:Exterior Entry: Yes
  • Appliances:Cooktop: Yes
  • Basement:Interior Entry: Yes
  • Kitchen Features:Breakfast Room: Yes
  • Fireplace Features:Gas2: Yes
  • Interior Features:Chair Rail: Yes
  • Interior Features:Crown Molding: Yes
  • Basement:BathStubbed: Yes
  • Appliances:Built-In Gas Oven: Yes
  • Interior Features:Built-in Features: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Dining Room: Yes
  • Appliances:Convection Oven: Yes
  • Kitchen Features:Gourmet Kitchen: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Stone Countertops: Yes

Exterior Features

  • Exterior Features: Drive-Paved, Garden
  • Roof: Shingle
  • Construction Type: Brick
  • Fencing: Partial
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Exterior Features:Drive-Paved: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Garden: Yes
  • Lot Features:Garden2: Yes
  • Window Features:Window Coverings: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Paved, Attached, Driveway, Garage Door Opener
  • Attached Garage: Yes
  • Total Parking Spaces: 5.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Attic Fan, Central Air
  • Heating: Baseboard, Natural Gas
  • Laundry Features: In Basement, Laundry Room
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: North Colonie (including Maplewood)

Lot Info

  • Lot Features: Garden, Landscaped
  • Parcel #: 012603 54.12-3-5
  • Lot Size Sq Ft: 17859.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16800.0

MLS Schools

  • HighSchool: Shaker HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Apr 26, 2024
Sold by
Rowlinson Marie-Claire
Bought by
Masri Shadi and Masri Catherine A
Seller's Agent
Johanna Clarke
Field Realty
Buyer's Agent
May Masri
KW Platform
List Price
$599,900
Sold Price
$645,000
Premium/Discount to List
$45,100
7.52%
Views
52
Current Estimated Value
$625,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,598
Avg. Annual Appreciation
-2.31%
Original Mortgage
$577,275
Outstanding Balance
$568,752
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$56,650

Purchase Details

Closed on
May 15, 1997
Sold by
Royal Lepage Relocation S Ervi
Bought by
Lawrence Sloane and Lawrence Sandra

Purchase Details

Closed on
Feb 26, 1997
Sold by
Ricketts John W and Ricketts Camille C
Bought by
Royal Lepage Relocation Servic

Purchase Details

Closed on
Sep 24, 1992
Sold by
Roth Sidney W and Roth Patricia
Bought by
Ricketts John Wm and Ricketts Camille C
Source: Public Records

Range of Values:

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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
Masri Shadi -- None Listed On Document
Lawrence Sloane $340,000 --
Royal Lepage Relocation Servic $375,000 --
Ricketts John Wm $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masri Shadi $577,275
Previous Owner Rowlinson Marie Claire $481,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $645,000 +7.5% $218 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $599,900 +3.6% $203 / Sq Ft
11/19/2021 11/19/21 Sold $579,000 +5.3% $182 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $550,000 -- $173 / 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 $12,231 $310,000 $77,500 $232,500
2023 $13,553 $365,000 $91,300 $273,700
2022 $13,376 $365,000 $91,300 $273,700
2021 $13,311 $365,000 $91,300 $273,700
2020 $13,104 $365,000 $91,300 $273,700
2019 $9,308 $365,000 $91,300 $273,700
2018 $12,427 $365,000 $91,300 $273,700
2017 $0 $365,000 $91,300 $273,700
2016 $12,041 $365,000 $91,300 $273,700
2015 -- $365,000 $91,300 $273,700
2014 -- $365,000 $91,300 $273,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202413845

Global MLS

APN: 012603-054-012-0003-005-000-0000