NOT LISTED FOR SALE

Estimated Value: $121,000 - $240,000

0.04 Acre
$4,778,171 Price per Acre
1,525 Sq Ft Lot

Last Sold June 28, 2018

Last sale price $33,000 $28 Per Sq Ft

Est. 407% increase in value since last sale

Current estimated payment $1,014/month

11 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Level Lot

About This Lot

As of June 2018

Think of the possibilities! One of the few vacant lots for sale in Center Square! Zoned for residential w/ Townhouse potential! Build your new home here and be in the center of it all! Walk to parks, restaurants, shopping, the Capital Building and more! Please contact the City of Albany building department and assessors office for more information with regards to taxes and building requirements. The property for sale is 1 of 5 vacant lots in a row. Each lot is owned separately. Some photos show other lots.

Last Agent to Sell the Property

Christopher Culihan

Coldwell Banker Prime Properties License #40CU1154310 Listed on: 05/08/2018

Coldwell Banker Prime Properties

Last Buyer's Agent

Ramiz Turan

Century 21 The Angiolini Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,597

Lot Details

  • Lot Dimensions are 22.08 x 70.12
  • Level Lot
  • Cleared Lot

Utilities

  • Gas Line Less than 500 Feet Away

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6 / 3
  • Assessor Parcel Number 010100 76.31-3-6

Property Details

Property Type

Land

Est. Annual Taxes

$1,597

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Madison Ave. between Lark St. and Dove St.
  • Lot Size: 22.08 x 70.12
  • Possession Possession Legacy: arranged
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Other45: Yes

Utilities

  • Utilities: Electricity Available, Gas Line At Road, Sewer Available, Water Available
  • 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: Level, See Remarks, Cleared, Other
  • Parcel #: 010100 76.31-3-6

Tax Info

  • Tax Block: 3
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Dilek Llc and Bistro Mels
Bought by
423 Madison Avenue Property Llc
Current Estimated Value
$167,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,278,418
Interest Rate
6.64%
Mortgage Type
Seller Take Back
Estimated Equity
-$1,111,182

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 27, 2018
Sold by
Reeder Evan A and Reeder Wendy H
Bought by
Mels Bistro Llc
Seller's Agent
Christopher Culihan
Coldwell Banker Prime Properties
Buyer's Agent
Ramiz Turan
Century 21 The Angiolini Group
List Price
$30,000
Sold Price
$33,000
Premium/Discount to List
$3,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.38%

Purchase Details

Closed on
Jan 20, 2006
Sold by
Levi Ross
Bought by
Reeder Evan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2003
Sold by
Robinson Thomas
Bought by
Levi Ross

Purchase Details

Closed on
May 4, 1998
Sold by
Lapp Joan
Bought by
Robinson Thomas R
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
423 Madison Avenue Property Llc $208,750 None Listed On Document
Mels Bistro Llc $33,000 None Available
Reeder Evan A $135,000 Caplan & Caplan Pc
Reeder Evan A $135,000 None Available
Levi Ross $56,641 Sandra Desbiens
Robinson Thomas R $56,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 423 Madison Avenue Property Llc $1,300,000
Previous Owner Reeder Evan A $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2018 06/28/18 Sold $33,000 +10.0% $28 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $30,000 -- $25 / 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 $1,597 $57,000 $57,000 $0
2023 $1,049 $26,600 $26,600 $0
2022 $1,025 $26,600 $26,600 $0
2021 $1,023 $26,600 $26,600 $0
2020 $1,009 $26,600 $26,600 $0
2019 $1,047 $26,600 $26,600 $0
2017 $1,931 $133,000 $26,600 $106,400
2016 $4,906 $133,000 $26,600 $106,400
2015 $4,955 $135,000 $28,600 $106,400
2014 -- $135,000 $28,600 $106,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201818420

Global MLS

APN: 010100 76.31-3-6