NOT LISTED FOR SALE

455 Washington Ave Albany, NY 12206

Beverwyck Neighborhood

Estimated Value: $503,415

Studio
5 Baths
3,200 Sq Ft
$157/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2014

Last sale price $283,000 $88 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,645 / mo

14 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Level Lot
  • 0.2 Acre Lot
  • Hot Water Heating System

About This Home

As of December 2014

All brick 5 unit w/ well established tavern/bar with parking lot (only opened 3 nights per week) & extra wooded lot for potential parking-up to 15 cars (55 N. Lake Ave. SBL 65.62-1-37). Great money maker. Owner pays heat (very inexpensive $4K approx./yr). Tenants pay own cooking gas & electric. Tavern has central air. This building is also in the process of being contracted w/ a cell phone company for tower @ roof w/ a potential of $1,800 per month to owner. Important documents attached to the MLS. Very Good Condition

Last Agent to Sell the Property

Melissa Hems

Crystal Coleman Realty LLC License #10401215159 Listed on: 09/10/2014

Crystal Coleman Realty LLC

Co-Listed By

T Michael Ferrigan

Berkshire Hathaway Home Services Blake

Last Buyer's Agent

Cindy Taylor

Howard Hanna Capital Inc License #30TA0775174

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1925

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • 15 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for heat
  • Legal Lot and Block 38 / 1
  • Assessor Parcel Number 010100 65.62-1-38

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $4,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,000

Year Built

Built in 1925

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Electric Expense: 2000.0
  • Year Built: 1925
  • Directions: Corner of Washington & North Lake
  • Above Grade Finished Sq Ft: 3200.0
  • Architectural Style: Other, See Remarks
  • Lot Size Acres: 0.2
  • Parking Features Parking Total: 15.0
  • Possession Possession Legacy: To be determined
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Electric Expense Description: Estimated
  • Gas Expense Description: Estimated
  • Insurance Expense Description: Estimated
  • Water Sewer Expense Description: Estimated
  • Income: 54900.0
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Co List Office Mls Id: o115F
  • Co List Office Phone: 518-439-4943
  • Special Features: None

Interior Features

  • Basement: Full
  • Below Grade Sq Ft: 1000.0
  • Living Area: 3200.0
  • Owner Pays: Heat
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 5 Owner Furnish Features:Heat7: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 15.0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 2000.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 65.62-1-38
  • Lot Size Sq Ft: 8712.0

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Insurance Expense: 4600.0
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 9000.0
  • Tax Block: 1
  • Tax Lot: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Dec 23, 2014
Sold by
Altieri Nickolas and Altieri Marie
Bought by
Montgomery Family Realty Llc
Seller's Agent
Melissa Hems
Crystal Coleman Realty LLC
Buyer's Agent
Cindy Taylor
Howard Hanna Capital Inc
List Price
$289,000
Sold Price
$283,000
Premium/Discount to List
-$6,000
-2.08%
Current Estimated Value
$503,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,415
Avg. Annual Appreciation
5.21%
Original Mortgage
$223,200
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 10, 2014
Closed on
Nov 5, 2014
Sold by
France Fallon Olga
Bought by
Krauss Kurt
Seller's Agent
Melissa Hems
Crystal Coleman Realty LLC
Buyer's Agent
Cindy Taylor
Howard Hanna Capital Inc
List Price
$289,000
Sold Price
$283,000
Premium/Discount to List
-$6,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2006
Sold by
Shea Edward
Bought by
Altieri Nickolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
6.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Montgomery Family Realty Llc $283,000 None Available
Krauss Kurt $81,700 Sneeringer Monahan Provost R
Altieri Nickolas $265,000 Charles Assini
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Montgomery Family Realty Llc $223,200
Previous Owner Altieri Nickolas $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2014 12/23/14 Sold $283,000 -2.1% $88 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $289,000 -- $90 / Sq Ft
Source: Global MLS

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
2025 $11,934 $347,100 $26,000 $321,100
2024 $11,934 $347,100 $26,000 $321,100
2023 $11,576 $233,900 $17,800 $216,100
2022 $11,842 $233,900 $17,800 $216,100
2021 $11,567 $233,900 $17,800 $216,100
2020 $11,256 $233,900 $17,800 $216,100
2019 $9,209 $233,900 $17,800 $216,100
2018 $10,698 $233,900 $17,800 $216,100
2017 $3,395 $233,900 $17,800 $216,100
2016 $8,627 $233,900 $17,800 $216,100
2015 $7,798 $207,500 $15,800 $191,700
2014 -- $207,500 $15,800 $191,700
Source: Public Records

Agents Affiliated with this Home

  • Melissa Hems

    Seller's Agent in 2014

    Melissa Hems

    Crystal Coleman Realty LLC

    (518) 951-0411

    187 Total Sales

    Melissa Hems
    Section Image

  • T

    Seller Co-Listing Agent in 2014

    T Michael Ferrigan

    Berkshire Hathaway Home Services Blake

  • Cindy Taylor

    Buyer's Agent in 2014

    Cindy Taylor

    Howard Hanna Capital Inc

    (518) 421-7517

    80 Total Sales

    Cindy Taylor
    Section Image
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Map

Source: Global MLS

MLS Number: 201419305

Global MLS

APN: 010100-065-062-0001-038-000-0000

New York Albany County Albany 12203 Beverwyck

455 Washington Ave, Albany, NY

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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