NOT LISTED FOR SALE

492 Hudson Ave Albany, NY 12203

Pine Hills Neighborhood

Estimated Value: $289,589 - $332,000

8 Beds
2 Baths
2,624 Sq Ft
$122/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $252,000 $96 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,297/month

43 Days on Market

Highlights

  • No HOA
  • Heating System Uses Natural Gas
  • 2-minute walk to Madison Avenue Park
  • Wood Siding

About This Home

As of December 2021

This beast of a two-family has enjoyed strong rental history and cashflow in the student rental area for many years. Be the next investor to benefit off the rare 4 BR/1BA unit setup with ample parking in back. High desirability as a student-rental puts this property at an attractive 9.84% cap with an approx. 20% cash-on-cash return. Walking distance to the bus line and "Ground-up" cafe as well as other nearby convenience stores/eateries. Great natural light and porch space a plenty makes it ideal for students looking for the perfect place to rent with roommates throughout their undergraduate career. The same group of students often spend the duration of their college years in this building before the apartments are turned over.

Last Agent to Sell the Property

Samantha Curry

New Scotland Realty License #10491209794 Listed on: 08/08/2021

Co-Listed By

Daniel Odabashian

New Scotland Realty License #10401312571

Last Buyer's Agent

David Schrepper

RE/MAX Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,331

Year Built

  • Built in 1920

Lot Details

  • 3,833

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2,624 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 39 / 3
  • Assessor Parcel Number 010100 65.61-3-39

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,331

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1920
  • Directions: left off of Quail St, on left hand side
  • Above Grade Finished Sq Ft: 2624.0
  • Architectural Style: Duplex-Over/Under
  • Lot Size: .09 acres
  • New Construction: No
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o3091A
  • Co List Office Phone: 518-964-2066
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 8
  • Living Area: 2624.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.61-3-39

Tax Info

  • Tax Annual Amount: 7331.0
  • Tax Block: 3
  • Tax Lot: 39
  • Tax Tract: 65.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2013
Sold by
Desantis William
Bought by
Beacon Street Properties Llc
Current Estimated Value
$318,897

Purchase Details

Listed on
May 3, 2012
Closed on
Aug 1, 2012
Sold by
Orietas Miltiadis and Mitsios Anthony
Bought by
Desantis William
Seller's Agent
Jesse Lena
Advantage Realty LLC
Buyer's Agent
Annette Mazzarello
C M Fox LLC
List Price
$219,000
Sold Price
$211,000
Premium/Discount to List
-$8,000
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$168,800
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
Hanks Russell
Bought by
Mitsios Anthony
Source: Public Records

Range of Values:

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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
Beacon Street Properties Llc -- None Available
Desantis William $211,000 None Available
Mitsios Anthony $10,000 Marc Goldberg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desantis William $168,800
Previous Owner Mitsios Anthony $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $252,000 -9.7% $96 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $279,000 -5.4% $106 / Sq Ft
08/07/2021 08/07/21 For Sale $295,000 +39.8% $112 / Sq Ft
08/01/2012 08/01/12 Sold $211,000 -3.7% $80 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $219,000 -- $83 / 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 $7,176 $269,000 $53,800 $215,200
2023 $7,275 $180,000 $39,800 $140,200
2022 $7,118 $180,000 $39,800 $140,200
2021 $7,102 $180,000 $39,800 $140,200
2020 $6,829 $180,000 $39,800 $140,200
2019 $7,087 $180,000 $39,800 $140,200
2018 $6,846 $180,000 $39,800 $140,200
2017 $3,145 $180,000 $39,800 $140,200
2016 $7,596 $199,000 $39,800 $159,200
2015 $4,624 $126,000 $12,200 $113,800
2014 -- $126,000 $12,200 $113,800
Source: Public Records

Agents Affiliated with this Home

  • Samantha Curry

    Seller's Agent in 2021

    Samantha Curry

    New Scotland Realty

    (518) 964-2066

    19 in this area

    140 Total Sales

    Samantha Curry
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Daniel Odabashian

    New Scotland Realty

    (917) 650-1387

    2 in this area

    11 Total Sales

    Daniel Odabashian
    Section Image

  • D

    Buyer's Agent in 2021

    David Schrepper

    RE/MAX

  • J

    Seller's Agent in 2012

    Jesse Lena

    Advantage Realty LLC

    (518) 369-2730

    45 Total Sales

    Jesse Lena
    Section Image

  • A

    Buyer's Agent in 2012

    Annette Mazzarello

    C M Fox LLC

See All Agents

Map

Source: Global MLS

MLS Number: 202125659

Global MLS

APN: 010100-065-061-0003-039-000-0000

New York Albany County Albany 12203 Pine Hills

492 Hudson Ave, Albany, NY

This home is located at 492 Hudson Ave, Albany, NY 12203 since 08 August 2021 and is currently estimated at $318,897, approximately $121 per square foot. This property was built in 1920. 492 Hudson Ave is a home located in Albany County with nearby schools including Pine Hills Elementary School, Stephen And Harriet Myers Middle School, and Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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