48 2nd Ave Albany, NY 12202
Estimated Value: $145,000 - $238,000
5
Beds
2
Baths
2,334
Sq Ft
$82/Sq Ft
Est. Value
About This Home
This home is located at 48 2nd Ave, Albany, NY 12202 and is currently estimated at $191,088, approximately $81 per square foot. 48 2nd Ave is a home located in Albany County with nearby schools including Giffen Memorial Elementary School, Stephen And Harriet Myers Middle School, and Albany High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 21, 2025
Sold by
Albany County Land Bank Corporation
Bought by
Paola Alta
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$111,014
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$72,087
Purchase Details
Closed on
Mar 29, 2019
Sold by
County Of Albany
Bought by
Albany County Land Bank Corporation
Purchase Details
Closed on
Nov 15, 2006
Sold by
Unlimited Real Estate Development Group
Bought by
Mustafa Mohamad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.9%
Purchase Details
Closed on
May 22, 2006
Sold by
Castle Creek Llc
Bought by
Unlimited Real Estate Dev Elopment Group, Inc
Purchase Details
Closed on
Mar 13, 2005
Sold by
Ferreri Mary
Bought by
Emerge Re Investment Grou P
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paola Alta | $150,000 | Elite Title Abstract | |
| Albany County Land Bank Corporation | -- | Elite Title Abstract | |
| Albany County Land Bank Corporation | -- | None Available | |
| Mustafa Mohamad | $125,000 | -- | |
| Mustafa Mohamad | $125,000 | None Available | |
| Unlimited Real Estate Dev Elopment Group, Inc | $27,366 | David Greer | |
| Unlimited Real Estate Development Group | $27,500 | New York Title Research Corp | |
| Emerge Re Investment Grou P | $18,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paola Alta | $120,000 | |
| Open | Paola Alta | $427,513 | |
| Previous Owner | Mustafa Mohamad | $25,000 | |
| Previous Owner | Mustafa Mohamad | $100,000 |
Source: Public Records
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 | -- | $197,000 | $39,400 | $157,600 |
| 2023 | -- | $93,000 | $20,200 | $72,800 |
| 2022 | -- | $93,000 | $20,200 | $72,800 |
| 2021 | $0 | $93,000 | $20,200 | $72,800 |
| 2020 | $3,881 | $93,000 | $20,200 | $72,800 |
| 2019 | $3,682 | $93,000 | $20,200 | $72,800 |
| 2018 | $3,881 | $93,000 | $20,200 | $72,800 |
| 2017 | $4,017 | $93,000 | $20,200 | $72,800 |
| 2016 | $3,829 | $93,000 | $20,200 | $72,800 |
| 2015 | $2,224 | $100,000 | $8,800 | $91,200 |
| 2014 | -- | $100,000 | $8,800 | $91,200 |
Source: Public Records
Map
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