Seller's Agent in 2024
John Bevilacqua JR
The Property Shop
(518) 444-4183
4 in this area
44 Total Sales
47 Pine St Rensselaer, NY 12144
Estimated Value: $159,000 - $185,000
4
Beds
2
Baths
1,772
Sq Ft
$99/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating System
- Level Lot
- Bathroom on Main Level
About This Home
As of November 2024Turn the key and make some money on this awesome 2 family property in one of Rensselaer's best neighborhoods! This cash flowing asset shows well over a 10% Cap Rate with a tremendous amount of upside in the rents. The 1st floor is a 2Bd 1Ba unit at $800 and 2nd Fl is a 3bd 1Ba at $975, both units are in great shape and are renovated with newer appliances and finished. Large backyard and access to the adjoining garages (not included) gives tenants a nice outdoor space and off street parking. Flat rubberized roof has been maintained and is in great shape and mechanicals have also been maintained and are in good working order. Not much to do but sit back and make some money or live in one unit and the let second pay your mortgage, this one will go fast so call now for a private showing.
Last Agent to Sell the Property
The Property Shop License #10491209113 Listed on: 08/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,021
Year Built
- Built in 1890
Lot Details
- 2,614 Sq Ft Lot
- Level Lot
Home Design
- Duplex
- Aluminum Siding
Interior Spaces
- 1,772 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Insurance Expense $1,875
Listing and Financial Details
- Legal Lot and Block 12.000 / 7
- Assessor Parcel Number 381400 144.29-7-12
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2024
Closed on
Nov 22, 2024
Sold by
Wong Alice
Bought by
Cardinal Lorenzo
Seller's Agent
John Bevilacqua JR
The Property Shop
Buyer's Agent
John Bevilacqua JR
The Property Shop
List Price
$164,999
Sold Price
$170,000
Premium/Discount to List
$5,001
3.03%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,808
Avg. Annual Appreciation
2.57%
Original Mortgage
$127,500
Outstanding Balance
$126,267
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$48,541
Purchase Details
Closed on
Oct 18, 2004
Sold by
Berkshire Capital Llc
Bought by
Wong Alice
Purchase Details
Closed on
Feb 18, 2004
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cardinal Lorenzo | $170,000 | None Available | |
| Cardinal Lorenzo | $170,000 | None Available | |
| Cardinal Lorenzo | $170,000 | None Available | |
| Wong Alice | $119,000 | Walter J Forman | |
| -- | $38,000 | -- | |
| -- | $38,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cardinal Lorenzo | $127,500 | |
| Closed | Cardinal Lorenzo | $127,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $170,000 | +3.0% | $96 / Sq Ft |
| 09/04/2024 09/04/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $164,999 | -- | $93 / Sq Ft |
Source: Global MLS
Tax History Compared to Growth
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 | $3,853 | $23,500 | $2,600 | $20,900 |
| 2023 | $2,266 | $23,500 | $2,600 | $20,900 |
| 2022 | $2,217 | $23,500 | $2,600 | $20,900 |
| 2021 | $603 | $23,500 | $2,600 | $20,900 |
| 2020 | $2,078 | $23,500 | $2,600 | $20,900 |
| 2019 | $2,019 | $23,500 | $2,600 | $20,900 |
| 2018 | $2,019 | $23,500 | $2,600 | $20,900 |
| 2017 | $4,021 | $23,500 | $2,600 | $20,900 |
| 2016 | $1,803 | $21,000 | $2,600 | $18,400 |
| 2015 | -- | $21,000 | $2,600 | $18,400 |
| 2014 | -- | $21,000 | $2,600 | $18,400 |
Source: Public Records
Agents Affiliated with this Home
-
John Bevilacqua JR
Map
Source: Global MLS
MLS Number: 202424027
APN: 1400-144.29-7-12
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