NOT LISTED FOR SALE

503 Yates St Albany, NY 12208

Pine Hills Neighborhood

Estimated Value: $247,000 - $323,000

6 Beds
2 Baths
2,224 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $165,000 $74 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,934/month

210 Days on Market

Highlights

  • No HOA
  • Bathroom on Main Level
  • 2-minute walk to Madison Avenue Park
  • Albany High School Rated A-
  • Baseboard Heating

About This Home

As of March 2024

This large affordable 2 family is located in the Pine Hills neighborhood, just steps away from restaurants, shopping, hospitals, schools, and more! Both units are large, and the owner has done many improvements throughout the years. Offers separate utilities, and tenants pay for electricity, gas, and heat. The property is currently professionally managed, and the current property manager can stay on if desired or assist in the transition. Solid turnkey rental property that is fully leased and generating rental income.

Last Agent to Sell the Property

Steven Sbardella

518 Realty.Com Inc License #10311202174 Listed on: 02/09/2024

Last Buyer's Agent

Christine Sbardella

518 Realty.Com Inc License #40ST1037690

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,815

Year Built

  • Built in 1870

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Schools

  • Albany High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, internet, cable TV, electricity, gas
  • Legal Lot and Block 22.000 / 1
  • Assessor Parcel Number 010100 64.76-1-22

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,815

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1870
  • Directions: Western ave to Ontario street to Yates.
  • Above Grade Finished Sq Ft: 2224.0
  • Architectural Style: Duplex
  • Lot Size Acres: 0.04
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Income: 2600.0
  • Architectural Style:Duplex: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2224.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Full Basement: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Aluminum Siding
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: Public
  • 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 64.76-1-22
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Annual Amount: 5815.18
  • Tax Block: 1
  • Tax Lot: 22.000

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Albany Rentals Llc
Bought by
Redway Properties Llc
Current Estimated Value
$271,320

Purchase Details

Closed on
Aug 11, 2016
Sold by
Brewster Michael
Bought by
Albany Rentals Llc

Purchase Details

Closed on
Jan 8, 2015
Sold by
Albany Rentals Llc
Bought by
Brewster Michael

Purchase Details

Closed on
Oct 1, 2013
Sold by
Brewster Michael
Bought by
Albany Rentals Llc

Purchase Details

Closed on
Oct 14, 2008
Sold by
Brewster Michael
Bought by
Albany Rentals Llc

Purchase Details

Closed on
Apr 30, 2008
Sold by
Mcgowan James B
Bought by
Brewster Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2006
Sold by
Obrien Vicky
Bought by
Mcgowan Janus B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,130
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Obrien Vicky
Bought by
Mcgowan James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,130
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2003
Sold by
Peplowski Claire A
Bought by
Obrien Vicky
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Redway Properties Llc $170,000 None Listed On Document
Albany Rentals Llc -- None Available
Albany Rentals Llc -- None Available
Brewster Michael -- None Available
Albany Rentals Llc -- None Available
Albany Rentals Llc -- --
Brewster Michael $150,000 Brendan F Chudy
Brewster Michael $150,000 None Available
Mcgowan Janus B $136,000 None Available
Mcgowan James B $136,000 Larry Gardner
Obrien Vicky $79,000 Dorothy Tischler
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brewster Michael $120,000
Previous Owner Mcgowan Janus B $122,130
Previous Owner Mcgowan James B $122,130
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Sold $165,000 -8.3% $74 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $180,000 +9.1% $81 / Sq Ft
02/06/2024 02/06/24 Off Market $165,000 -- --
01/24/2024 01/24/24 Price Changed $180,000 -2.7% $81 / Sq Ft
08/04/2023 08/04/23 For Sale $185,000 -- $83 / 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 $6,305 $240,000 $48,000 $192,000
2023 $5,975 $147,000 $29,400 $117,600
2022 $5,846 $147,000 $29,400 $117,600
2021 $5,833 $147,000 $29,400 $117,600
2020 $5,669 $147,000 $29,400 $117,600
2019 $5,793 $147,000 $29,400 $117,600
2018 $5,591 $147,000 $29,400 $117,600
2017 $5,793 $147,000 $29,400 $117,600
2016 $5,923 $147,000 $29,400 $117,600
2015 $5,189 $141,400 $28,300 $113,100
2014 -- $141,400 $28,300 $113,100
Source: Public Records

Agents Affiliated with this Home

  • Steven Sbardella

    Seller's Agent in 2024

    Steven Sbardella

    518 Realty.Com Inc

    (518) 209-8221

    9 in this area

    170 Total Sales

    Steven Sbardella
    Section Image
  • Christine Sbardella

    Buyer's Agent in 2024

    Christine Sbardella

    518 Realty.Com Inc

    (518) 369-4856

    1 in this area

    87 Total Sales

    Christine Sbardella
    Section Image
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Map

Source: Global MLS

MLS Number: 202322059

Global MLS

APN: 010100-064-076-0001-022-000-0000

New York Albany County Albany 12208 Pine Hills

503 Yates St, Albany, NY

Not Listed for Sale

MultiFamily

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.

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Information is deemed reliable but not guaranteed.



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