NOT LISTED FOR SALE

451 State St Albany, NY 12203

West Hill Neighborhood

Estimated Value: $466,156

Studio
4 Baths
3,460 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $255,000 $74 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,367/month

34 Days on Market

Highlights

  • Active Adult
  • Views
  • 5-minute walk to Washington Park
  • No HOA
  • Hot Water Heating System

About This Home

As of October 2014

Building has 3 apartments & 1st floor was used as professional space. Zoned and grandfathered in as professional space but can easily be converted into another apt. Features include wood floors, walk-in closets, fireplaces, wood shutters, molding and so many other unique features to keep the charm of this historic building. Basement apt walks out to a nice back yard. The location is across the street from Washington Park and is very close to restaurants, shopping & more. 2 mirrors on 1st floor negotiable -- Very Good Condition

Last Agent to Sell the Property

Maria Mencarelli

RE/MAX Park Place Listed on: 07/16/2014

Last Buyer's Agent

Saudiah Alli

Vera Cohen Realty, LLC License #10401331481

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,336

Year Built

  • Built in 1879

Lot Details

  • Lot Dimensions are 100x20

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,460 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Property Views

Utilities

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

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • The owner pays for electricity
  • Legal Lot and Block 51 / 1
  • Assessor Parcel Number 010000 65-1-51

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,336

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1879
  • Directions: Sprague to State Street. Across from Washington Park
  • Above Grade Finished Sq Ft: 3460.0
  • Architectural Style: Quads
  • Financial Details General Taxes: 2859.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4477.0
  • School Taxes Description: Estimated
  • Lot Size: 100x20
  • Possession Possession Legacy: Immediately
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 3460.0
  • Owner Pays: Electricity
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Construction Materials:Brick: Yes
  • Lot Features:Views: Yes

Utilities

  • Sewer: 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: Views
  • Parcel #: 010000 65-1-51

Tax Info

  • Tax Annual Amount: 7336.0
  • Tax Block: 1
  • Tax Lot: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2014
Closed on
Oct 15, 2014
Sold by
Rudzinski Timothy
Bought by
Famiano Alfred J
Seller's Agent
Maria Mencarelli
RE/MAX Park Place
Buyer's Agent
Saudiah Alli
Vera Cohen Realty, LLC
List Price
$299,000
Sold Price
$255,000
Premium/Discount to List
-$44,000
-14.72%
Current Estimated Value
$466,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,156
Avg. Annual Appreciation
5.49%
Original Mortgage
$200,000
Outstanding Balance
$152,830
Interest Rate
4.09%
Mortgage Type
Commercial
Estimated Equity
$313,017

Purchase Details

Closed on
Jan 10, 2006
Sold by
Malatesta Andrew
Bought by
Malatesta Grace
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
Famiano Alfred J $255,000 None Available
Malatesta Grace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Famiano Alfred J $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $255,000 -14.7% $74 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $299,000 -- $86 / 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 $11,449 $333,000 $28,000 $305,000
2023 $12,126 $245,000 $19,300 $225,700
2022 $12,404 $245,000 $19,300 $225,700
2021 $12,116 $245,000 $19,300 $225,700
2020 $11,790 $245,000 $19,300 $225,700
2019 $9,646 $245,000 $19,300 $225,700
2018 $11,206 $245,000 $19,300 $225,700
2017 $5,480 $245,000 $19,300 $225,700
2016 $9,037 $245,000 $19,300 $225,700
2015 $7,524 $205,000 $14,700 $190,300
2014 -- $205,000 $14,700 $190,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Maria Mencarelli

    RE/MAX

  • S

    Buyer's Agent in 2014

    Saudiah Alli

    Vera Cohen Realty, LLC

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Map

Source: Global MLS

MLS Number: 201414840

Global MLS

APN: 010100-065-079-0001-051-000-0000

New York Albany County Albany 12203 West Hill

451 State St, 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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