NOT LISTED FOR SALE

487 Hudson Ave Albany, NY 12203

Pine Hills Neighborhood

Estimated Value: $50,000 - $243,000

0.05 Acre
$2,440,000 Price per Acre
2,178 Sq Ft Lot

Last Sold March 10, 2023

Last sale price $20,000 $9 Per Sq Ft

Est. 510% increase in value since last sale

Current estimated payment $838/month

27 Days on Market

About This Lot

As of March 2023

Rare opportunity of a vacant lot located in the heart of Albany. Utilities available on the street. Call the utility company for details on restoring service. Previously the location of a 2-unit property. 489 Hudson Ave is also available. The 2022 Property tax bill was based on a 2-Family home. Please contact the City of Albany for further information the 2023 bill

Last Agent to Sell the Property

Lucy Ann Sokaris

Miranda Real Estate Group Inc License #10401221904 Listed on: 11/21/2022

Last Buyer's Agent

Lucy Ann Sokaris

Miranda Real Estate Group, Inc

Property Details

Property Type

  • Land

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22x100

Schools

  • Albany High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 83 / 2
  • Assessor Parcel Number 010100 65.61-2-83

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: Hudson Ave between Ontario St and Quail St.
  • Financial Details General Taxes: 2386.28
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3497.96
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.05
  • Lot Size: 22X100
  • Sale Detail Seller Contribution: No
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.61-2-83
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5884.24
  • Tax Block: 2
  • Tax Lot: 83

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Feb 18, 2023
Sold by
Markowitz Robert
Bought by
487 Hudson Ave Llc
Seller's Agent
Lucy Ann Sokaris
Miranda Real Estate Group Inc
Buyer's Agent
Lucy Ann Sokaris
Miranda Real Estate Group, Inc
List Price
$60,000
Sold Price
$20,000
Premium/Discount to List
-$40,000
-66.67%
Current Estimated Value
$122,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,000
Avg. Annual Appreciation
93.47%

Purchase Details

Closed on
May 26, 2006
Sold by
Seifu Alemayehu
Bought by
Taylor William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2003
Sold by
Foley Kevin J
Bought by
Alemayehu Seifu

Purchase Details

Closed on
Jul 30, 1997
Sold by
Trustco Bank National Associat
Bought by
Foley Kevin J

Purchase Details

Closed on
Jun 19, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
487 Hudson Ave Llc $20,000 None Listed On Document
Taylor William B $155,000 Roselyn Robinson
Taylor William B $155,000 None Available
Alemayehu Seifu $89,000 --
Foley Kevin J $90,000 --
-- $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor William B $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2023 03/10/23 Sold $20,000 -66.7% $9 / Sq Ft
11/21/2022 11/21/22 For Sale $60,000 0.0% $27 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
10/24/2022 10/24/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $60,000 -66.7% $27 / Sq Ft
08/16/2020 08/16/20 Sold $180,000 0.0% $82 / Sq Ft View Prior Sale
08/16/2020 08/16/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $180,000 -- $82 / 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 $2,343 $71,000 $71,000 $0
2023 $1,332 $33,800 $33,800 $0
2022 $5,884 $148,000 $33,800 $114,200
2021 $5,871 $148,000 $33,800 $114,200
2020 $5,625 $148,000 $33,800 $114,200
2019 $5,827 $148,000 $33,800 $114,200
2018 $5,662 $148,000 $33,800 $114,200
2017 $2,390 $148,000 $33,800 $114,200
2016 $5,700 $148,000 $33,800 $114,200
2015 $5,958 $158,000 $31,600 $126,400
2014 -- $158,000 $31,600 $126,400
Source: Public Records

Agents Affiliated with this Home

  • Lucy Ann Sokaris

    Seller's Agent in 2023

    Lucy Ann Sokaris

    Miranda Real Estate Group Inc

    (518) 428-3469

    10 in this area

    104 Total Sales

    Lucy Ann Sokaris
    Section Image

  • P

    Seller's Agent in 2020

    Peter Tryon

    Madison Park Real Estate

See All Agents

Map

Source: Global MLS

MLS Number: 202228947

Global MLS

APN: 010100-065-061-0002-083-000-0000

New York Albany County Albany 12203 Pine Hills

487 Hudson Ave, Albany, NY

Not Listed for Sale

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