NOT LISTED FOR SALE

50 Terrace Ave Albany, NY 12203

Melrose Neighborhood

Estimated Value: $271,000 - $320,000

4 Beds
1.5 Baths
1,810 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $174,000 $96 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,203/month

193 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Enclosed Glass Porch
  • Wood Flooring
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of August 2020

This solid and charming home is located in the convenient, established Melrose neighborhood and has been owned by the same family for over 60 years! Spacious rooms, 2 enclosed porches, first floor den, rustic beamed ceilings. Boiler less than 2 years old. Two car garage. Great closet space. Very Good Condition

Last Agent to Sell the Property

Nancy Klopfer

Coldwell Banker Prime Properties Listed on: 12/17/2019

Last Buyer's Agent

Jared Trafton

KW Platform

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,907

Year Built

  • Built in 1927

Lot Details

  • Lot Dimensions are 40 x 125
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Metal Roof
  • Aluminum Siding
  • Asphalt

Interior Spaces

  • 1,810 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Shed
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 39 / 1
  • Assessor Parcel Number 010100 64.42-1-39

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,907

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1927
  • Directions: Western Ave to Terrace, 3 blocks west of Manning Blvd.
  • Above Grade Finished Sq Ft: 1810.0
  • Architectural Style: Colonial
  • Financial Details General Taxes: 3107.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4800.0
  • School Taxes Description: Estimated
  • Financial Details Tax Assessed Value: 220000.0
  • Lot Size: 40 x 125
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: quick
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Other Room Level: First
  • Sale Detail Seller Contribution: No
  • Subdivision Name: Melrose
  • Garage Yn: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Architectural Style:Colonial: Yes
  • Appliances Microwave: Yes
  • Flooring:Wood: Yes
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood, Carpet, Linoleum
  • Basement: Full
  • Interior Amenities: Eat-in Kitchen
  • Appliances: Dishwasher, Freezer, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Living Area: 1810.0
  • Bedroom Level: Second
  • Den Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Office Level: Second
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Wood Burning: Yes
  • Full Basement: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Fireplace Features:Living Room: Yes
  • Attic Features:Storage2: Yes
  • Attic Features:Pull-Down: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Exterior Features: Drive-Paved
  • Roof: Metal, Asphalt
  • Construction Type: Aluminum Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Enclosed, Patio, Porch
  • Waterfront: No
  • Patio And Porch Features:Porch: Yes
  • Exterior Features:Drive-Paved: Yes
  • Lot Features:Sloped: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Enclosed: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Paved, Detached, Driveway, Garage Door Opener
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas, Radiant
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level, Sloped
  • Parcel #: 010100 64.42-1-39

Tax Info

  • Tax Annual Amount: 7907.0
  • Tax Block: 1
  • Tax Lot: 39
  • Tax Tract: 64.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2019
Closed on
Aug 27, 2020
Sold by
Decker Kathy M
Bought by
Dockum Jeffrey S and Hoehn Cathy
Seller's Agent
Nancy Klopfer
Coldwell Banker Prime Properties
Buyer's Agent
Jared Trafton
KW Platform
List Price
$199,900
Sold Price
$174,000
Premium/Discount to List
-$25,900
-12.96%
Current Estimated Value
$294,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,862
Avg. Annual Appreciation
10.80%

Purchase Details

Closed on
Dec 20, 1996
Sold by
Mcallister Harry J and Mcallister Katherine P
Bought by
Decker Kathy M and Mcallister Harry J
Source: Public Records

Range of Values:

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Average Value
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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
Dockum Jeffrey S $174,000 Chicago Title Insurance Co
Decker Kathy M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $174,000 -3.3% $96 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $179,900 -5.3% $99 / Sq Ft
03/09/2020 03/09/20 Price Changed $189,900 -5.0% $105 / Sq Ft
12/16/2019 12/16/19 For Sale $199,900 -- $110 / 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 $7,161 $274,000 $54,800 $219,200
2023 $7,182 $179,900 $44,000 $135,900
2022 $7,024 $179,900 $44,000 $135,900
2021 $7,008 $179,900 $44,000 $135,900
2020 $6,259 $179,900 $44,000 $135,900
2019 $6,902 $220,000 $44,000 $176,000
2018 $7,337 $220,000 $44,000 $176,000
2017 $2,237 $220,000 $44,000 $176,000
2016 $2,229 $220,000 $44,000 $176,000
2015 -- $222,500 $44,500 $178,000
2014 -- $222,500 $44,500 $178,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nancy Klopfer

    Coldwell Banker Prime Properties

  • J

    Buyer's Agent in 2020

    Jared Trafton

    KW Platform

See All Agents

Map

Source: Global MLS

MLS Number: 201936357

Global MLS

APN: 010100-064-042-0001-039-000-0000

New York Albany County Albany 12203 Melrose

50 Terrace Ave, Albany, NY

This home is located at 50 Terrace Ave, Albany, NY 12203 since 17 December 2019 and is currently estimated at $294,862, approximately $162 per square foot. This property was built in 1927. 50 Terrace 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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