NOT LISTED FOR SALE

408 Madison Ave Albany, NY 12210

Hudson Park Neighborhood

Estimated Value: $49,000 - $254,000

0.04 Acre
$3,016,675 Price per Acre
1,742 Sq Ft Lot

Last Sold January 24, 2022

Last sale price $36,000 $30 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $758/month

38 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Level Lot

About This Lot

As of January 2022

Lucrative Location right up the road from Empire Plaza. Great value for Center Square residence, a short walk to fine dinning, night life, shopping, Albany Law School, Albany Medical Center, Washington Park, Empire State Plaza, and the Capital. Not bound by historic requirements for new construction. All city services (water, etc.) are already on the lot. Multiple Offers on the table. Highest and Best offers by 11/3/2021 by 3pm

Last Agent to Sell the Property

Andrew Cummings

Coldwell Banker Prime Properties License #10401297558 Listed on: 09/29/2021

Coldwell Banker Prime Properties

Last Buyer's Agent

Andrew Cummings

KW Platform

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $889

Lot Details

  • 1,742 Sq Ft Lot
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7 / 3
  • Assessor Parcel Number 010100 76.31-3-7

Property Details

Property Type

Land

Est. Annual Taxes

$889

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Madison Ave next to the intersection of Madison,Lark and Delmar. Towards to Egg
  • Lot Size Acres: 0.04
  • Lot Size: 1805 Sq Ft
  • Sale Detail Seller Contribution: No
  • Senior Community YN: Exclusive Agency Listing
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No
  • Lot Features:Level: Yes
  • Lot Features:Road Frontage: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

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: Road Frontage, Level, Cleared
  • Parcel #: 010100 76.31-3-7
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 889.0
  • Tax Block: 3
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 31, 2021
Sold by
Roman Radomyslsky
Bought by
Yang Sungwoo Sam and Yang Unkyung Susan
Seller's Agent
Andrew Cummings
Coldwell Banker Prime Properties
Buyer's Agent
Andrew Cummings
KW Platform
List Price
$50,000
Sold Price
$36,000
Premium/Discount to List
-$14,000
-28%
Current Estimated Value
$120,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,667
Avg. Annual Appreciation
36.80%

Purchase Details

Closed on
Dec 6, 2004
Sold by
Coleman Charles
Bought by
Radomyslsky Roman
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
Yang Sungwoo Sam $36,000 Shaker Abstract & Title
Radomyslsky Roman -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $36,000 +2.9% $30 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/26/2021 10/26/21 Price Changed $35,000 -30.0% $29 / Sq Ft
09/28/2021 09/28/21 For Sale $50,000 -- $42 / 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 $1,474 $48,000 $48,000 $0
2023 $891 $22,600 $22,600 $0
2022 $871 $22,600 $22,600 $0
2021 $869 $22,600 $22,600 $0
2020 $857 $22,600 $22,600 $0
2019 $890 $22,600 $22,600 $0
2018 $1,260 $22,600 $22,600 $0
2017 $2,063 $113,000 $22,600 $90,400
2016 $3,966 $113,000 $22,600 $90,400
2015 $5,452 $98,200 $19,600 $78,600
2014 -- $98,200 $19,600 $78,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Andrew Cummings

    Coldwell Banker Prime Properties

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Map

Source: Global MLS

MLS Number: 202129483

Global MLS

APN: 010100-076-031-0003-007-000-0000

New York Albany County Albany 12202 Hudson Park

408 Madison Ave, Albany, NY

Not Listed for Sale

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Information is deemed reliable but not guaranteed.



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