NOT LISTED FOR SALE

401 Madison Ave Albany, NY 12210

Hudson Park Neighborhood

Estimated Value: $428,000 - $481,000

5 Beds
3 Baths
3,000 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 25, 2019

Last sale price $140,000 $47 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $2,868/month

14 Days on Market

Highlights

  • Senior Community
  • No HOA
  • Hot Water Heating System
  • 0.09 Acre Lot
  • Detached Garage
  • Level Lot

About This Home

As of March 2019

Three family home most recently used as a single family with garden level apartment. Kitchen in second floor apartment has been removed. Separate utilities. House has been winterized and power is turned off. Schedule showings during daylight hours. Garage accessed from Garden Alley. Roof of garage has fallen in, and section of brick in backyard side of garage is missing. Fair Condition, Poor Condition

Last Agent to Sell the Property

Catherine Graziano

RE/MAX Solutions License #10311208956 Listed on: 02/12/2019

RE/MAX Solutions

Last Buyer's Agent

Colin McDonald

RE/MAX Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,650

Year Built

  • Built in 1849

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30 x 127
  • Level Lot

Parking

  • Detached Garage

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 3,000 Sq Ft Home
  • Apartment Living Space in Basement

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System

Community Details

  • Senior Community
  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 60 / 2
  • Assessor Parcel Number 010100 76.31-2-60

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,650

Year Built

Built in 1849

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1849
  • Directions: Between Lark and Dove.
  • Above Grade Finished Sq Ft: 3000.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 3600.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1050.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.09
  • Lot Size: 30 x 127
  • Possession Possession Legacy: Closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: Bank Owned
  • Special Features: None

Interior Features

  • Basement: Apartment
  • Living Area: 3000.0
  • Basement:Apartment: Yes

Exterior Features

  • Roof: See Remarks
  • Construction Type: Brick
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Other, Public Sewer
  • Cooling: None
  • Heating: Hot Water, Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 76.31-2-60
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4650.0
  • Tax Block: 2
  • Tax Lot: 60
  • Tax Tract: 76.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Mar 12, 2019
Sold by
Jpmorgan Chase Bank National Association
Bought by
Abdy Abdullah Tokhi
Seller's Agent
Catherine Graziano
RE/MAX Solutions
Buyer's Agent
Colin McDonald
RE/MAX Capital
List Price
$84,900
Sold Price
$140,000
Premium/Discount to List
$55,100
64.9%
Current Estimated Value
$423,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,333
Avg. Annual Appreciation
20.22%

Purchase Details

Closed on
Sep 14, 2018
Sold by
Leon Stephen E and Leon Laura B
Bought by
Jpmorgan Chase Bank
Source: Public Records

Range of Values:

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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
Abdy Abdullah Tokhi $140,000 None Available
Jpmorgan Chase Bank $220,000 Web Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leon Stephen E $60,000
Previous Owner Leon Stephen E $188,000
Previous Owner Leon Stephen E $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $140,000 +64.9% $47 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $84,900 -- $28 / 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 $6,748 $374,000 $74,800 $299,200
2023 $2,023 $44,480 $29,200 $15,280
2022 $1,984 $44,480 $29,200 $15,280
2021 $1,980 $44,480 $29,200 $15,280
2020 $1,951 $44,480 $29,200 $15,280
2019 $1,751 $44,480 $29,200 $15,280
2018 $2,124 $44,480 $29,200 $15,280
2017 $4,798 $44,480 $29,200 $15,280
2016 $5,793 $44,480 $29,200 $15,280
2015 $9,636 $210,000 $46,600 $163,400
2014 -- $210,000 $46,600 $163,400
Source: Public Records

Agents Affiliated with this Home

  • Catherine Graziano

    Seller's Agent in 2019

    Catherine Graziano

    RE/MAX

    (845) 332-0759

    58 Total Sales

    Section Image

  • C

    Buyer's Agent in 2019

    Colin McDonald

    RE/MAX

See All Agents

Map

Source: Global MLS

MLS Number: 201912410

Global MLS

APN: 010100-076-031-0002-060-000-0000

New York Albany County Albany 12210 Hudson Park

401 Madison Ave, Albany, NY

This home is located at 401 Madison Ave, Albany, NY 12210 since 12 February 2019 and is currently estimated at $453,333, approximately $151 per square foot. This property was built in 1849. 401 Madison Ave is a home located in Albany County with nearby schools including Giffen Memorial Elementary School, Stephen And Harriet Myers Middle School, and Albany High School.

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.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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