NOT LISTED FOR SALE

489 Hudson Ave Albany, NY 12203

Pine Hills Neighborhood

Estimated Value: $50,000 - $255,000

0.05 Acre
$2,540,000 Price per Acre
2,178 Sq Ft Lot

Last Sold March 10, 2023

Last sale price $20,000 $8 Per Sq Ft

Est. 535% increase in value since last sale

Current estimated payment $828/month

62 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 2-minute walk to Madison Avenue Park

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. The 2022 Property tax bill was based on a 2-Family home. Per the City of Albany the 2023 bill will be based on the assessed value of $30,400 for a vacant lot.

Last Agent to Sell the Property

Lucy Ann Sokaris

Miranda Real Estate Group Inc License #10401221904 Listed on: 11/28/2022

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
  • Level Lot
  • Cleared Lot

Schools

  • Albany High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 84 / 2
  • Assessor Parcel Number 010100 65.61-2-84

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: 2739.41
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3592.5
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.05
  • Lot Size: 22X100
  • Sale Detail Seller Contribution: No
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes

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

  • Current Use: Unimproved
  • Lot Features: Level, Cleared
  • Parcel #: 010100 65.61-2-84
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6331.91
  • Tax Block: 2
  • Tax Lot: 84

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Mar 10, 2023
Sold by
489 Hudson Llc
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%
Views
65
Current Estimated Value
$127,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,000
Avg. Annual Appreciation
97.80%

Purchase Details

Closed on
Jul 24, 2020
Sold by
Morgan Max
Bought by
489 Hudson Llc

Purchase Details

Listed on
Sep 26, 2015
Closed on
Jan 15, 2016
Sold by
Mravlja Peter W and Mravlja Tricia L
Bought by
Morgan Max S
Seller's Agent
Judy Janco
Coldwell Banker Prime Properties
Buyer's Agent
Lucy Ann Sokaris
Miranda Real Estate Group, Inc
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.00%
Original Mortgage
$116,250
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2003
Sold by
Foley Kevin J
Bought by
Delucia Kathleen

Purchase Details

Closed on
Jun 25, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
489 Hudson Llc -- None Available
Morgan Max S $155,000 None Available
Delucia Kathleen $98,000 Douglas Shartrand
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Max S $116,250
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% $8 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $60,000 0.0% $24 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $60,000 +20.0% $24 / Sq Ft
10/14/2022 10/14/22 For Sale $50,000 -67.7% $20 / Sq Ft
01/19/2016 01/19/16 Sold $155,000 -8.8% $63 / Sq Ft View Prior Sale
11/01/2015 11/01/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $169,900 -- $69 / 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 $1,923 $64,000 $64,000 $0
2023 $1,198 $30,400 $30,400 $0
2022 $6,038 $152,000 $30,400 $121,600
2021 $6,025 $152,000 $30,400 $121,600
2020 $5,767 $152,000 $30,400 $121,600
2019 $5,984 $152,000 $30,400 $121,600
2018 $5,781 $152,000 $30,400 $121,600
2017 $2,448 $152,000 $30,400 $121,600
2016 $5,848 $152,000 $30,400 $121,600
2015 $5,186 $141,300 $28,300 $113,000
2014 -- $141,300 $28,300 $113,000
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

  • J

    Seller's Agent in 2016

    Judy Janco

    Coldwell Banker Prime Properties

    (518) 439-9600

    1 in this area

    19 Total Sales

    Judy Janco
    Section Image
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Map

Source: Global MLS

MLS Number: 202228494

Global MLS

APN: 010100-065-061-0002-084-000-0000

New York Albany County Albany 12203 Pine Hills

489 Hudson Ave, Albany, NY

Not Listed for Sale

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