NOT LISTED FOR SALE

48 Wolfert Ave Albany, NY 12204

Estimated Value: $275,000 - $341,000

2 Beds
2.5 Baths
1,466 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $220,000 $150 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,889/month

24 Days on Market

Highlights

  • Skyline View
  • 2 Car Detached Garage
  • Landscaped
  • No HOA
  • Walk-In Closet
  • Hot Water Heating System

About This Home

As of August 2022

Two family rental property located in a quiet Menands neighborhood across from Wolfert's Roost Country Club. Conveniently located 2 minutes from I-90 / 787 and 5 minutes from downtown Albany. Sit on the balcony and enjoy the beautiful view and gorgeous sunset overlooking the Hudson. Large grass backyard with privacy fences for entertaining. 2 car garage and long driveway of off-street parking. New hot water tanks for both units. Original hardwood floors. New basement and garage concrete floors. Fully rented with reliable tenants for $1950 per month.

Last Agent to Sell the Property

Maria Jurczynski

Howard Hanna Capital Inc License #10401217062 Listed on: 05/09/2022

Howard Hanna Capital Inc

Last Buyer's Agent

Tanner Reed

Sinkoff Realty Group License #10401345551

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,394

Year Built

  • Built in 1935

Lot Details

  • 10,019 Sq Ft Lot
  • Privacy Fence
  • Landscaped

Parking

  • 2 Car Detached Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Aluminum Siding
  • Asphalt

Interior Spaces

  • 1,466 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Skyline Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Hot Water Heating System
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for internet, cable TV, electricity
  • The owner pays for water, heat
  • Legal Lot and Block 8 / 3
  • Assessor Parcel Number 012603 54.20-3-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,394

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1935
  • Directions: Van Rensselaer Blvd to Wolfert Ave.
  • Above Grade Finished Sq Ft: 1466.0
  • Financial Details General Taxes: 861.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2533.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.23
  • New Construction: No
  • Parking Features Parking Total: 6.0
  • Sale Detail Seller Contribution: No
  • Rental Income: 23400.0
  • Rental Income Description: Actual
  • Fencing:Privacy: Yes
  • Laundry Features:In Basement: Yes
  • View:Skyline: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Interior Amenities: High Speed Internet, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1466.0
  • Owner Pays: Water, Heat
  • Fireplace: Yes
  • Interior Features:High Speed Internet: Yes
  • Full Basement: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Aluminum Siding
  • Fencing: Privacy
  • View: Skyline, City
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water
  • Laundry Features: In Basement
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Menands

Lot Info

  • Lot Features: Landscaped, Views
  • Parcel #: 012603 54.20-3-8
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Internet, Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 3394.0
  • Tax Block: 3
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Aug 12, 2022
Sold by
Cody Shannon
Bought by
Itskov Amanda Rachel and Perdek Samuel John
Seller's Agent
Maria Jurczynski
Howard Hanna Capital Inc
Buyer's Agent
Tanner Reed
Sinkoff Realty Group
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$302,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,887
Avg. Annual Appreciation
10.08%
Original Mortgage
$216,015
Outstanding Balance
$206,521
Interest Rate
5.51%
Mortgage Type
FHA
Estimated Equity
$96,366

Purchase Details

Listed on
May 1, 2016
Closed on
Aug 1, 2016
Sold by
Brinkner Beverly
Bought by
Smith Shannon
Seller's Agent
Wayne Newcomb, Jr.
Yankee Realty Inc
Buyer's Agent
Joann Faucett
Howard Hanna Capital Inc
List Price
$148,500
Sold Price
$157,400
Premium/Discount to List
$8,900
5.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$154,558
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2000
Sold by
Wolfert Realty Llc
Bought by
Wolfert Realty Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Itskov Amanda Rachel $220,000 Chicago Title
Smith Shannon $157,410 None Available
Wolfert Realty Llc -- James Schultz
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Itskov Amanda Rachel $216,015
Previous Owner Smith Shannon $154,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2022 08/12/22 Sold $220,000 0.0% $150 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $220,000 +39.8% $150 / Sq Ft
07/15/2016 07/15/16 Sold $157,400 +6.0% $107 / Sq Ft View Prior Sale
05/06/2016 05/06/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $148,500 -- $101 / 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 $3,611 $86,000 $17,200 $68,800
2023 $3,534 $86,000 $17,200 $68,800
2022 $3,395 $86,000 $17,200 $68,800
2021 $3,395 $86,000 $17,200 $68,800
2020 $3,357 $86,000 $17,200 $68,800
2019 $2,269 $86,000 $17,200 $68,800
2018 $3,215 $86,000 $17,200 $68,800
2017 $0 $86,000 $17,200 $68,800
2016 $3,084 $86,000 $17,200 $68,800
2015 -- $86,000 $17,200 $68,800
2014 -- $86,000 $17,200 $68,800
Source: Public Records

Agents Affiliated with this Home

  • Maria Jurczynski

    Seller's Agent in 2022

    Maria Jurczynski

    Howard Hanna Capital Inc

    (518) 331-1197

    1 in this area

    122 Total Sales

    Maria Jurczynski
    Section Image

  • T

    Buyer's Agent in 2022

    Tanner Reed

    Sinkoff Realty Group

    (607) 437-5265

    1 in this area

    29 Total Sales

    Tanner Reed
    Section Image

  • W

    Seller's Agent in 2016

    Wayne Newcomb, Jr.

    Yankee Realty Inc

  • J

    Buyer's Agent in 2016

    Joann Faucett

    Howard Hanna Capital Inc

    (518) 496-6136

    68 Total Sales

    Joann Faucett
    Section Image
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Map

Source: Global MLS

MLS Number: 202217224

Global MLS

APN: 012603-054-020-0003-008-000-0000

New York Albany County Albany 12204

48 Wolfert Ave, Albany, NY

Not Listed for Sale

MultiFamily

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