NOT LISTED FOR SALE

5 S Pine Ave Albany, NY 12208

Pine Hills Neighborhood
8 Beds
5 Baths
3,927 Sq Ft
7,405 Sq Ft Lot

Last Sold March 22, 2023

Last sale price $425,000 $108 Per Sq Ft

80 Days on Market

Highlights

  • Marble Flooring
  • Wrap Around Porch
  • Garden
  • No HOA
  • Bathroom on Main Level
  • Landscaped

About This Home

As of March 2023

Well maintained 5 unit in the Pine Hills area. Close to colleges and hospital. Very good rental history. Rents are below market value. Washer and dryer area can easily be put in the basement in an already partially finished room.
All Tenants pay own electric and hot water. Owner pays heat for 3 of the 5 units. Large front and rear lawn. Gas/Electric Expense is Joint (not $3532 for each) and Water/Sewer Bill Is usually half of what it is listed, but was doubled last year due to some water leaks.

Last Agent to Sell the Property

John Janke

Country Boy Realty License #10301219540 Listed on: 08/12/2022

Last Buyer's Agent

Jim McLoughlin

Coldwell Banker Prime Properties License #30MC0776074

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,750

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts a private road
  • Wood Fence
  • Back Yard Fenced
  • Wire Fence
  • Landscaped
  • Cleared Lot
  • Garden

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Combination Foundation
  • Stone Foundation
  • Shingle Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 3,927 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Bathroom on Main Level
  • 5 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Outdoor Features

  • Wrap Around Porch

Schools

  • Albany High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Electric Baseboard Heater
  • 100 Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Tenant pays for hot water, internet, cable TV, electricity, gas
  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 010100 64.59-1-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,750

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 3532.0
  • Year Built: 1980
  • Directions: manning blvd to Pine
  • Above Grade Finished Sq Ft: 3927.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 0.17
  • New Construction: No
  • Sale Detail Buyer Zip Code: 12203
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Electric Expense Description: See Remarks
  • Gas Expense Description: See Remarks
  • Income And Expenses Maintenance Expense: 2619.0
  • Water Sewer Expense Description: See Remarks
  • Rental Income Description: Yearly
  • Number of Dishwashers: 1
  • Number of Refrigerators: 5
  • Unit Information Number Of Stoves: 5
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Foundation Details:Stone4: Yes
  • Fencing:Wood4: Yes
  • Electric:Circuit Breakers: Yes
  • Fencing:Wire: Yes
  • Foundation Details:BrickMortar: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Marble
  • Basement: Exterior Entry, Full, Interior Entry, Sump Pump
  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Living Area: 3927.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 3rd
  • Full Basement: Yes
  • Basement:Sump Pump: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Attic Features:None16: Yes
  • Fireplace Features:Other62: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Snow Removal7: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Snow Removal8: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes
  • Unit 1 Owner Furnish Features:Management3: Yes
  • Unit 2 Owner Furnish Features:Management4: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 3 Owner Furnish Features:Management5: Yes
  • Unit 4 Owner Furnish Features:Maintenance Grounds5: Yes
  • Unit 4 Owner Furnish Features:Management6: Yes
  • Unit 5 Owner Furnish Features:Maintenance Grounds6: Yes
  • Unit 5 Owner Furnish Features:Management7: Yes

Exterior Features

  • Exterior Features: Garden
  • Roof: Flat, Rubber, Shingle
  • Construction Type: Other, Vinyl Siding
  • Fencing: Wire, Wood, Back Yard
  • Foundation Details: Brick/Mortar, Combination, Stone
  • Other Structures: None
  • Patio And Porch Features: Wrap Around, Covered, Front Porch
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Other38: Yes
  • Lot Features:Road Frontage: Yes
  • Lot Features:Cleared: Yes
  • Exterior Features:Garden: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No
  • Property Detail:Parking YN: No
  • Parking Features:None11: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Electric: 100 Amp Service, Circuit Breakers
  • Heating: Baseboard, Electric, Radiant, Natural Gas
  • Laundry Features: Other
  • Security: Fire Escape, Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 3532.0
  • Annual Water Sewer Expense: 1678.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Landscaped, Road Frontage, Cleared
  • Parcel #: 010100 64.59-1-2
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Internet, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 10750.22
  • Tax Block: 1
  • Tax Lot: 2

Multi Family

  • Number Of Units Total: 5
  • Maintenance Expense: 2619.0

MLS Schools

  • HighSchool: Albany

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $425,000 -9.6% $108 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
09/26/2022 09/26/22 Price Changed $470,000 -5.1% $120 / Sq Ft
08/12/2022 08/12/22 For Sale $495,000 -- $126 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John Janke

    Country Boy Realty

  • J

    Buyer's Agent in 2023

    Jim McLoughlin

    Coldwell Banker Prime Properties

    (518) 370-2100

    8 in this area

    51 Total Sales

    Section Image
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Map

Source: Global MLS

MLS Number: 202224598

Global MLS

New York Albany County Albany 12203 Pine Hills

5 S Pine Ave, Albany, NY

This home is located at 5 S Pine Ave, Albany, NY 12208 since 12 August 2022. This property was built in 1980. 5 S Pine 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.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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