NOT LISTED FOR SALE

5 Charles Ave Albany, NY 12205

Estimated Value: $358,000 - $443,000

6 Beds
2 Baths
2,168 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $400,000 $185 Per Sq Ft

Current estimated payment $2,567/month

1 Day on Market

Highlights

  • Private Lot
  • No HOA
  • Landscaped
  • Wood Flooring
  • Shed
  • Baseboard Heating

About This Home

As of April 2023

Rare South Colonie Duplex Just Listed! This side by side duplex features 2 mirror image apartments. Both have been fully updated and remodeled, and feature 3 bedrooms, 1 bath, separate fenced in yards, separate driveways, separate basements, new stainless steel appliances, and hardwood floors throughout! Centrally located in the heart of Colonie, right off of Central Ave. Great owner occupied opportunity or a solid appreciating asset to anyones portfolio! 1 Vacant unit and 1 occupied unit. The occupied unit is on a year lease at $2000/mo. Lease ends 3/1/2024. OFFER ACCEPTED....OPEN HOUSE CANCELLED

Last Agent to Sell the Property

Giovanni Lisi

Serenity Real Estate Team Listed on: 03/17/2023

Last Buyer's Agent

Binglin Li

KW Platform License #10301212642

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,287

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced
  • Chain Link Fence
  • Landscaped
  • Private Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Aluminum Siding
  • Asphalt

Interior Spaces

  • 2,168 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Laundry in Basement
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

  • Colonie Central High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for trash collection, sewer, snow removal, water, grounds care
  • Assessor Parcel Number 53.6-6-29

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,287

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1964
  • Directions: Central Ave to Frederick Ave to Charles Ave
  • Above Grade Finished Sq Ft: 2168.0
  • Architectural Style: Other
  • Financial Details General Taxes: 2011.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3276.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.25
  • New Construction: No
  • Parking Features Parking Total: 8.0
  • Sale Detail Seller Contribution: No
  • Rental Income: 4000.0
  • Rental Income Description: Estimated
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:In Basement: Yes
  • Fencing:Chain Link: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2168.0
  • Bathroom Levels Full Bathroom 1: 2nd
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Sewer, Snow Removal, Water, Grounds Care
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Aluminum Siding, Brick
  • Fencing: Back Yard, Chain Link
  • Other Structures: Shed(s)
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Private: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Parking Features: Off Street, Paved, Driveway
  • Attached Garage: No
  • Open Parking: No
  • Total Parking Spaces: 8.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Hot Water
  • Laundry Features: In Basement, Washer Hookup
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: South Colonie

Lot Info

  • Lot Features: Private, Level, Landscaped, Cleared, Corner Lot
  • Parcel #: 53.6-6-29
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5287.0

MLS Schools

  • HighSchool: Colonie Central HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 20, 2023
Sold by
838 Rentals Llc
Bought by
J & J Charles 5 Llc
Seller's Agent
Giovanni Lisi
Serenity Real Estate Team
Buyer's Agent
Binglin Li
KW Platform
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Views
35
Current Estimated Value
$400,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328
Avg. Annual Appreciation
0.03%

Purchase Details

Closed on
Dec 12, 2022
Sold by
Radzyminski H David
Bought by
838 Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1993
Sold by
Dott Paul J
Bought by
David Radzyminski H
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
J & J Charles 5 Llc $400,000 None Listed On Document
838 Rentals Llc $295,000 Bennett Title
David Radzyminski H $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 838 Rentals Llc $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2023 04/20/23 Sold $400,000 0.0% $185 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $399,900 -- $184 / 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 $5,658 $116,500 $23,300 $93,200
2023 $5,471 $116,500 $23,300 $93,200
2022 $5,335 $116,500 $23,300 $93,200
2021 $5,266 $116,500 $23,300 $93,200
2020 $5,154 $116,500 $23,300 $93,200
2019 $2,448 $116,500 $23,300 $93,200
2018 $5,016 $116,500 $23,300 $93,200
2017 $0 $116,500 $23,300 $93,200
2016 $4,936 $116,500 $23,300 $93,200
2015 -- $116,500 $23,300 $93,200
2014 -- $116,500 $23,300 $93,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202313425

Global MLS

APN: 012689-053-006-0006-029-000-0000