NOT LISTED FOR SALE

Estimated Value: $218,667 - $251,000

6 Beds
2 Baths
1,696 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $243,000 $143 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,717/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Stone Countertops
  • Built-In Features
  • Wood Flooring
  • No HOA
  • 1-minute walk to Madison Avenue Park

About This Home

As of October 2024

Don't miss this solid money maker! This 6 bed duplex is newly vacant with a history of earning $30k gross in one of Albany's most popular student areas. The 1st fl unit has newly renovated kitchen with quartz counters and a freshly updated bathroom. Separate utilities keep the landlord's costs low. In unit laundry and off street parking make it easy to rent. This property includes 2 parcels at 498 & 500 Hudson Ave. Taxes shown are for both.

Last Agent to Sell the Property

Jenn Baniak-Hollands

KW Platform License #10301218622 Listed on: 08/16/2024

KW Platform

Last Buyer's Agent

Kimberley Willsey

eXp Realty License #10401262796

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,522

Year Built

  • Built in 1890

Lot Details

  • 871 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Rubber Roof
  • Aluminum Siding

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Paddle Fans
  • Wood Flooring
  • Stone Countertops
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Schools

  • Albany High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Insurance Expense $1,843

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, snow removal, water, cable TV, electricity, gas
  • The owner pays for trash collection, sewer, grounds care
  • Legal Lot and Block 36.000 / 3
  • Assessor Parcel Number 010100 65.61-3-36

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,522

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Directions: Madison Ave to Quail St to Hudson Ave
  • Above Grade Finished Sq Ft: 1696.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 1918.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2604.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.02
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Insurance Expense Description: Actual
  • Rental Income: 2500.0
  • Rental Income Description: Actual
  • Income: 30000.0
  • Unit Information Number Of Dryers: 2
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Unit Information Number Of Washers: 2
  • Laundry Features:Main Level: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Upper Level: Yes
  • Electric:Circuit Breakers: Yes
  • Architectural Style:Traditional: Yes
  • Levels Two: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood
  • Basement: Unfinished
  • Interior Amenities: Paddle Fan, Built-in Features
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 1696.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Sewer, Grounds Care
  • Interior Features:Paddle Fan: Yes
  • Attic Features:None16: Yes
  • Basement:Unfinished: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Stone Countertops: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Aluminum Siding
  • Fencing: None
  • Patio And Porch Features: None
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Patio And Porch Features:None24: Yes

Garage/Parking

  • Parking Features: Off Street, Paved, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Baseboard, Hot Water, Natural Gas
  • Laundry Features: Main Level, Upper Level
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: 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 65.61-3-36
  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1843.0

Tax Info

  • Tax Annual Amount: 4522.0
  • Tax Block: 3
  • Tax Lot: 36.000

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Oct 7, 2013
Sold by
Briella Group Llc
Bought by
Egnaczyk Matthew Steven and Lazarou Egnaczyk Koren Catherine
Seller's Agent
Julia Rosen
Coldwell Banker Prime Properties
Buyer's Agent
Melissa Killion
Miranda Real Estate Group, Inc
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Current Estimated Value
$229,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,167
Avg. Annual Appreciation
5.47%
Original Mortgage
$90,000
Outstanding Balance
$67,584
Interest Rate
4.56%
Mortgage Type
New Conventional
Estimated Equity
$161,583

Purchase Details

Closed on
Aug 30, 2004
Sold by
Klh Properties Llc
Bought by
Schwartz Brian M

Purchase Details

Closed on
Jan 30, 2002
Sold by
Shepard Mary J
Bought by
Yousaf Sheikh T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Egnaczyk Matthew Steven $120,000 None Available
Schwartz Brian M $96,500 Daniel A Ehring
Yousaf Sheikh T $60,000 Kevin Hickey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egnaczyk Matthew Steven $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Sold $243,000 -2.8% $143 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $249,900 +42.8% $147 / Sq Ft
08/02/2021 08/02/21 Sold $175,000 0.0% $103 / Sq Ft View Prior Sale
06/13/2021 06/13/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $175,000 +45.8% $103 / Sq Ft
10/11/2013 10/11/13 Sold $120,000 -7.7% $71 / Sq Ft View Prior Sale
08/26/2013 08/26/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $130,000 -- $77 / 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 $6,126 $183,000 $36,600 $146,400
2023 $4,477 $109,000 $21,800 $87,200
2022 $4,381 $109,000 $21,800 $87,200
2021 $4,372 $109,000 $21,800 $87,200
2020 $4,136 $109,000 $21,800 $87,200
2019 $4,291 $109,000 $21,800 $87,200
2018 $4,145 $109,000 $21,800 $87,200
2017 $1,582 $109,000 $21,800 $87,200
2016 $4,020 $109,000 $21,800 $87,200
2015 $4,177 $113,800 $22,800 $91,000
2014 -- $113,800 $22,800 $91,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202423619

Global MLS

APN: 010100-065-061-0003-036-000-0000