NOT LISTED FOR SALE

5 1st Ave Albany, NY 12202

Estimated Value: $153,000 - $505,000

4 Beds
2 Baths
1,410 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $158,000 $112 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,660/month

3 Days on Market

Highlights

  • City View
  • Wood Flooring
  • 1 Car Detached Garage
  • Albany High School Rated A-
  • No HOA
  • 4-minute walk to Veterans Memorial Park

About This Home

As of January 2024

Looking for an investment opportunity? Look no further!! A TURN KEY owner occupied duplex with separate utilities and a one car garage w/ private fenced in yard. Each unit has 2 beds & 1 full bath. Updated vinyl windows and doors, 2nd fl kitchen updated in 2021, unit 2 space heater new 2023, new vinyl siding 2023. Hardwoods and carpet in each unit. A private driveway allows for 2 additional off street parking spots. Close to NY-787, downtown Albany, near major bus line routes, less then a mile from Rail Trail access!!!

Last Agent to Sell the Property

Nadine O'Donnell

Miuccio Real Estate Group License #10401342089 Listed on: 11/28/2023

Last Buyer's Agent

Nii Nortey

Weichert Realtors Fontaine & Associates

Weichert Realtors Fontaine & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1875

Lot Details

  • 2,178 Sq Ft Lot
  • Property fronts a private road
  • Privacy Fence
  • Back Yard Fenced
  • Garden

Parking

  • 1 Car Detached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • ENERGY STAR Qualified Windows
  • Blinds
  • Rods
  • French Doors
  • City Views
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Giffen Memorial Elementary School
  • Albany High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Building Fire Alarm

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, dsl internet, electricity
  • The owner pays for trash collection, water
  • Legal Lot and Block 13.000 / 2
  • Assessor Parcel Number 010100 76.80-2-13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,352

Year Built

Built in 1875

Lot Details

2,178 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1875
  • Directions: Traveling south on 787 take Exit to Rt 32 (South Pearl St). Keep to the right when coming off the high way. Cross over South Pearl St to First Ave. Home is the 2nd house in on the right.
  • Financial Details General Taxes: 638.49
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 713.69
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.05
  • Parking Features Parking Total: 2.0
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income: 1083.0
  • Rental Income Description: Monthly
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Flooring:Carpet: Yes
  • Fencing:Back Yard: Yes
  • Fencing:Privacy: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Vinyl: Yes
  • Fencing:Fenced: Yes
  • Laundry Features:In Basement: Yes
  • Fencing:Chain Link: Yes
  • Foundation Details:BrickMortar: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Hardwood
  • Basement: Bilco Doors, Exterior Entry, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors, Storm Door(s)
  • Window Features: Blinds, Curtain Rods, ENERGY STAR Qualified Windows
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Owner Pays: Trash Collection, Water
  • Full Basement: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Attic Features:None16: Yes
  • Basement:Bilco Doors: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Construction Type: Brick
  • Fencing: Privacy, Back Yard, Chain Link, Fenced
  • Foundation Details: Brick/Mortar
  • Other Structures: Garage(s)
  • Patio And Porch Features: Rear Porch, Enclosed
  • View: City
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Lot Features:Private: Yes
  • Window Features:Curtain Rods: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Road Frontage: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Enclosed: Yes
  • Door Features:French Doors: Yes
  • Lot Features:Garden2: Yes
  • Door Features:Storm Door(s)2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Window Features:ENERGY STAR Qualified Windows: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Off Street, Detached, Driveway, Garage
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Property Detail:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Hot Water, Space Heater, Natural Gas
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s), Fire Alarm
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes
  • Unit 2 Amenities:Skylight(s)6: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Private, Road Frontage, Garden
  • Parcel #: 010100 76.80-2-13
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, DSL Internet, Electricity

Tax Info

  • Tax Annual Amount: 1352.18
  • Tax Block: 2
  • Tax Lot: 13.000

MLS Schools

  • Elementary School: Giffen Memorial
  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jan 5, 2024
Sold by
Rodriguez-Nova Elizabeth A
Bought by
Austine Otokhile
Seller's Agent
Nadine O'Donnell
Miuccio Real Estate Group
Buyer's Agent
Nii Nortey
Weichert Realtors Fontaine & Associates
List Price
$158,000
Sold Price
$158,000
Views
18
Current Estimated Value
$260,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,319
Avg. Annual Appreciation
26.56%
Original Mortgage
$150,100
Outstanding Balance
$147,605
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$112,714

Purchase Details

Closed on
Jul 27, 1998

Purchase Details

Closed on
Feb 11, 1998
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Austine Otokhile $889,250 None Listed On Document
Austine Otokhile $889,250 None Listed On Document
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austine Otokhile $150,100
Closed Austine Otokhile $150,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2024 01/05/24 Sold $158,000 0.0% $112 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/28/2023 11/28/23 For Sale $158,000 0.0% $112 / Sq Ft
12/11/2021 12/11/21 Rented $550 -99.6% --
11/11/2021 11/11/21 Under Contract -- -- --
07/14/2020 07/14/20 Sold $124,550 +3.9% $88 / Sq Ft View Prior Sale
05/05/2020 05/05/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $119,900 0.0% $85 / Sq Ft
07/22/2002 07/22/02 For Rent $550 -- --
Source: Global MLS

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 $3,829 $143,000 $28,600 $114,400
2023 $1,370 $30,200 $6,200 $24,000
2022 $1,344 $30,200 $6,200 $24,000
2021 $1,341 $30,200 $6,200 $24,000
2020 $1,146 $30,200 $6,200 $24,000
2019 $1,189 $30,200 $6,200 $24,000
2018 $1,149 $30,200 $6,200 $24,000
2017 $1,141 $30,200 $6,200 $24,000
2016 $1,114 $30,200 $6,200 $24,000
2015 $672 $30,200 $6,000 $24,200
2014 -- $30,200 $6,000 $24,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202328828

Global MLS

APN: 010100-076-080-0002-013-000-0000

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