487 Hamilton St Albany, NY 12203
Pine Hills Neighborhood
6
Beds
2
Baths
2,152
Sq Ft
2,614
Sq Ft Lot
Highlights
- No HOA
- Hot Water Heating System
- 1-minute walk to Madison Avenue Park
- Porch
About This Home
As of February 2022: Durable & easy to maintain 2 family building in student rental area of Pine Hills. Can rent each unit as a 2 bed or 3 bed with separate utilities. Good sized bedrooms with good closet space. Units in very good condition with hard wood floors & ceramic tile. Updated bathrooms with ceramic tile showers. New plumbing including pex water lines & PVC drain systems. Updated electrical. Coin op. washers with natural gas dryers in basement. Separate storage units for tenants in basement. Low maintenance exterior with vinyl siding, small front lawn and easy sidewalk snow removal. Back yard could be turned into parking lot with two entry locations. Rest assured with EPDM roof with brand new roof drain and overflow cut out so roof will never fill up with water and never get a call for leaking. Very Good Condition
Last Agent to Sell the Property
All in 1 Realty LLC License #10401271859 Listed on: 11/16/2021
Last Buyer's Agent
Rob Grundman
Principal Realty Group LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,200
Year Built
- Built in 1890
Home Design
- 2,152 Sq Ft Home
- Duplex
- Rubber Roof
- Aluminum Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Laundry in Basement
Utilities
- Heating System Uses Natural Gas
- Radiant Heating System
- Hot Water Heating System
Additional Features
- Porch
- 2,614 Sq Ft Lot
Community Details
- No Home Owners Association
- 2 Family
Listing and Financial Details
- Legal Lot and Block 51 / 3
- Assessor Parcel Number 010100 65.61-3-51
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2021
Closed on
Feb 16, 2022
Sold by
Aver Real Estate Llc
Bought by
Cmz Properties Llc
Seller's Agent
Brian Lutz
All in 1 Realty LLC
Buyer's Agent
Rob Grundman
Principal Realty Group LLC
List Price
$194,900
Sold Price
$180,000
Premium/Discount to List
-$14,900
-7.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$144,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2012
Sold by
Calabrese Anthony
Bought by
Aver Real Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.59%
Mortgage Type
Unknown
Purchase Details
Listed on
Apr 28, 2011
Closed on
Mar 29, 2012
Sold by
Stalchelski Michael
Bought by
Calabrese Anthony
Seller's Agent
Philip Wagner
KW Platform
Buyer's Agent
Daniel Shepard
Miranda Real Estate Group, Inc
List Price
$182,900
Sold Price
$105,000
Premium/Discount to List
-$77,900
-42.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$82,500
Interest Rate
3.88%
Purchase Details
Closed on
May 12, 2010
Sold by
Shannon Michael and Shannon Johanna
Bought by
Stachelski Michael
Purchase Details
Closed on
May 6, 2005
Sold by
Bowen Anthony
Bought by
Shannon Michel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,074
Interest Rate
7.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 28, 2002
Sold by
Jones Bernard M and Jones Carol A
Bought by
Bowen Anthony
Similar Homes in Albany, NY
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | None Listed On Document | |
| Warranty Deed | $110,000 | None Available | |
| Warranty Deed | $110,000 | None Available | |
| Warranty Deed | $136,500 | None Available | |
| Warranty Deed | $136,000 | George Slingerland | |
| Warranty Deed | $93,000 | David Bacon |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $198,000 | New Conventional | |
| Closed | $144,000 | New Conventional | |
| Previous Owner | $82,000 | Unknown | |
| Previous Owner | $82,500 | No Value Available | |
| Previous Owner | $25,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $122,074 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 05/29/2025 05/29/25 | Price Changed | $230,000 | 0.0% | $107 / Sq Ft |
| 05/29/2025 05/29/25 | For Sale | $230,000 | -8.0% | $107 / Sq Ft |
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | Price Changed | $250,000 | -5.6% | $116 / Sq Ft |
| 03/06/2025 03/06/25 | For Sale | $264,900 | +47.2% | $123 / Sq Ft |
| 02/22/2022 02/22/22 | Sold | $180,000 | -7.6% | $84 / Sq Ft |
| 11/21/2021 11/21/21 | Pending | -- | -- | -- |
| 11/16/2021 11/16/21 | For Sale | $194,900 | +85.6% | $91 / Sq Ft |
| 03/16/2012 03/16/12 | Sold | $105,000 | -42.6% | $49 / Sq Ft |
| 02/22/2012 02/22/12 | Pending | -- | -- | -- |
| 04/28/2011 04/28/11 | For Sale | $182,900 | -- | $85 / 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 | $4,741 | $186,000 | $37,200 | $148,800 |
| 2023 | $4,398 | $107,000 | $21,400 | $85,600 |
| 2022 | $4,304 | $107,000 | $21,400 | $85,600 |
| 2021 | $4,295 | $107,000 | $21,400 | $85,600 |
| 2020 | $4,060 | $107,000 | $21,400 | $85,600 |
| 2019 | $4,213 | $107,000 | $21,400 | $85,600 |
| 2018 | $4,069 | $107,000 | $21,400 | $85,600 |
| 2017 | $1,553 | $107,000 | $21,400 | $85,600 |
| 2016 | $3,947 | $107,000 | $21,400 | $85,600 |
| 2015 | $4,037 | $110,000 | $31,100 | $78,900 |
| 2014 | -- | $110,000 | $31,100 | $78,900 |
Source: Public Records
Agents Affiliated with this Home
-
Ali Caruso
A
Seller's Agent in 2025
Ali Caruso
Signature One Realty Grp, LLC
(518) 505-1987
-
Brian Lutz
B
Seller's Agent in 2022
Brian Lutz
All in 1 Realty LLC
(518) 858-0277
1 in this area
59 Total Sales
-
R
Buyer's Agent in 2022
Rob Grundman
Principal Realty Group LLC
-
P
Seller's Agent in 2012
Philip Wagner
KW Platform
-
D
Buyer's Agent in 2012
Daniel Shepard
Miranda Real Estate Group, Inc
Map
Source: Global MLS
MLS Number: 202132612
APN: 010100-065-061-0003-051-000-0000
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