NOT LISTED FOR SALE

40 Myrtle Ave Albany, NY 12202

Mansion Area Neighborhood

Estimated Value: $270,631 - $570,000

4 Beds
2.5 Baths
2,904 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $245,000 $84 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,048/month

8 Days on Market

Highlights

  • No HOA
  • Bathroom on Main Level
  • Level Lot
  • Albany High School Rated A-
  • Hot Water Heating System
  • 2-minute walk to Philip Street Park

About This Home

As of June 2023

Welcome to 40 Myrtle Avenue. This over/under duplex is located in the Mansions neighborhood and is a great opportunity to owner occupy an investment property. Spacious rooms with an open concept in Unit 1 with in unit washer dryer hook up. Walk-in closing in primary bedroom and large eat in kitchen with formal dining room. Unit 1 has 1.5 baths and lots of sunlight flooding the home. Bamboo floors in Unit 1 and more. This is a must see if you are looking to start or expand your investment portfolio.

Last Agent to Sell the Property

Robin Shaw

Coldwell Banker Prime Properties Listed on: 03/23/2023

Last Buyer's Agent

Christine Eckwerth

Realty One Group Key License #10401329144

Realty One Group Key

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1852

Lot Details

  • 1,307 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 2,904 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Giffen Memorial Elementary School
  • Albany High School

Utilities

  • Hot Water Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for internet, cable TV, electricity
  • The owner pays for water
  • Assessor Parcel Number 010100649613

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,500

Year Built

Built in 1852

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Zoning: Multi Residence
  • Year Built: 1852
  • Directions: 787 to Madison Left on Eagle, Left on Myrtle
  • Above Grade Finished Sq Ft: 2904.0
  • Lot Size Acres: 0.03
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Rental Income: 2150.0
  • Rental Income Description: Monthly
  • Special Features: None

Interior Features

  • Flooring: Bamboo
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2904.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 3rd
  • Bathroom Levels Half Bathroom 1: 2nd
  • Owner Pays: Water

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Brick
  • Foundation Details: Block
  • Waterfront: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Heating: Hot Water
  • Laundry Features: Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Source: Public
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Parcel #: 010100649613
  • Lot Size Sq Ft: 1306.8

Rental Info

  • Tenant Pays: Internet, Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 4500.12

MLS Schools

  • Elementary School: Giffen Memorial
  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
May 31, 2023
Sold by
Mclaughlin Ashton
Bought by
Talbert Charmaine
Seller's Agent
Robin Shaw
Coldwell Banker Prime Properties
Buyer's Agent
Christine Eckwerth
Realty One Group Key
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Views
71
Current Estimated Value
$302,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,854
Avg. Annual Appreciation
16.23%
Original Mortgage
$246,489
Outstanding Balance
$238,300
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$133,858

Purchase Details

Closed on
Jun 20, 2006
Sold by
Davis James D Christoph Er V
Bought by
Mclaughin Herbert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Interest Rate
6.59%

Purchase Details

Closed on
Oct 26, 2001
Sold by
Koreman Realty Inc
Bought by
Davis Christopher

Purchase Details

Closed on
Jan 21, 2000
Sold by
Keehfus Todd E
Bought by
Koreman Realty Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Talbert Charmaine $255,000 Pac Abstract And Title
Mclaughin Herbert H $105,000 D L Doherty
Mclaughlin Herbert H $105,000 None Available
Davis Christopher $19,213 Daniel Doherty
Koreman Realty Inc $10,000 Kenneth H Newbould
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talbert Charmaine $246,489
Previous Owner Mclaughlin Herbert H $114,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $245,000 +2.1% $84 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $240,000 -- $83 / Sq Ft
Source: Global MLS

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 $5,667 $215,000 $43,000 $172,000
2023 $4,437 $108,000 $21,600 $86,400
2022 $4,343 $108,000 $21,600 $86,400
2021 $4,333 $108,000 $21,600 $86,400
2020 $4,600 $108,000 $21,600 $86,400
2019 $4,252 $108,000 $21,600 $86,400
2018 $4,422 $108,000 $21,600 $86,400
2017 $1,568 $108,000 $21,600 $86,400
2016 $3,983 $108,000 $21,600 $86,400
2015 $4,065 $105,100 $21,000 $84,100
2014 -- $105,100 $21,000 $84,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robin Shaw

    Coldwell Banker Prime Properties

  • Christine Eckwerth

    Buyer's Agent in 2023

    Christine Eckwerth

    Realty One Group Key

    (518) 867-1301

    1 in this area

    21 Total Sales

    Christine Eckwerth
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Map

Source: Global MLS

MLS Number: 202313653

Global MLS

APN: 010100-076-049-0006-013-000-0000

New York Albany County Albany 12202 Mansion Area

40 Myrtle Ave, Albany, NY

Not Listed for Sale

MultiFamily

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.

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Information is deemed reliable but not guaranteed.



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