B
Seller's Agent in 2025
Brian Marsh
Coldwell Banker Prime Properties
(518) 427-9000
2 in this area
42 Total Sales
40 Spring St Albany, NY 12210
Central Avenue Neighborhood
3
Beds
3
Baths
1,716
Sq Ft
1,742
Sq Ft Lot
Highlights
- Traditional Architecture
- 2 Fireplaces
- Window Unit Cooling System
- Wood Flooring
- No HOA
- 4-minute walk to Washington Park
About This Home
As of April 2025Perfect for owner occupant or investor. All utilities upgraded very recently - OnDemand common heat, H2O tank, electric panels and meters. Top floor is a 1 bedroom 1 bath. Middle floor apt is rented and is a nice studio / 1 bath. Basement apt is rented M2M and is a studio 1 bath. Ready for new owner. Has been rented successfully for decades by caring owners. Owner pays gas bill for heat/H2O. Great location to Lark and downtown. Access for showings has strict limitations. Contact listing agent or your professional for complete details.
Last Agent to Sell the Property
Coldwell Banker Prime Properties License #10401262258 Listed on: 01/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,764
Year Built
- Built in 1890
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 22.1 x 70
- Back Yard Fenced
Home Design
- Triplex
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Combination Foundation
- Rubber Roof
- Wood Siding
Interior Spaces
- 3-Story Property
- 2 Fireplaces
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Basement
- Apartment Living Space in Basement
- Finished Basement Bathroom
Schools
- Albany High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Electric Baseboard Heater
- 100 Amp Service
- Cable TV Available
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Tenant pays for cable TV, electricity
- The owner pays for trash collection, sewer, water
- Legal Lot and Block 65.80 / 4
- Assessor Parcel Number 010100 65.80-4-64 01
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2025
Closed on
Apr 5, 2025
Sold by
Mclean Family Irrevocable Trust and Lane Alison C
Bought by
40 Spring Llc
Seller's Agent
Brian Marsh
Coldwell Banker Prime Properties
Buyer's Agent
Steve Davis
Realty Resource Connection
List Price
$239,900
Sold Price
$221,100
Premium/Discount to List
-$18,800
-7.84%
Views
11
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
$33,100
Avg. Annual Appreciation
17.99%
Original Mortgage
$165,000
Outstanding Balance
$164,413
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$73,776
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $221,100 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $221,100 | -7.8% | $129 / Sq Ft |
| 01/08/2025 01/08/25 | Pending | -- | -- | -- |
| 01/08/2025 01/08/25 | For Sale | $239,900 | +8.5% | $140 / Sq Ft |
| 01/01/2025 01/01/25 | Off Market | $221,100 | -- | -- |
| 12/05/2024 12/05/24 | For Sale | $239,900 | 0.0% | $140 / Sq Ft |
| 09/10/2024 09/10/24 | Pending | -- | -- | -- |
| 08/19/2024 08/19/24 | For Sale | $239,900 | -- | $140 / 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 | $5,730 | $237,000 | $47,400 | $189,600 |
| 2023 | $4,764 | $114,000 | $22,800 | $91,200 |
| 2022 | $4,664 | $114,000 | $22,800 | $91,200 |
| 2021 | $4,654 | $114,000 | $22,800 | $91,200 |
| 2020 | $4,325 | $114,000 | $22,800 | $91,200 |
| 2019 | $4,488 | $114,000 | $22,800 | $91,200 |
| 2018 | $4,336 | $114,000 | $22,800 | $91,200 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Marsh
-
Steve Davis
Buyer's Agent in 2025
Steve Davis
Realty Resource Connection
(518) 577-1319
2 in this area
40 Total Sales
Map
Source: Global MLS
MLS Number: 202423735
APN: 010100-065-080-0004-064-000-0000
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