NOT LISTED FOR SALE

504 Madison Ave Albany, NY 12208

Park South Neighborhood

Estimated Value: $293,000 - $454,000

4 Beds
3 Baths
2,718 Sq Ft
$134/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $315,000 $116 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,557/month

35 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Views
  • 1-minute walk to Morris Street Park

About This Home

As of January 2021

NEW PRICE on this Stunning Metropolitan style brick row house overlooking Washington Park. Completely restored with central air conditioning. Located within walking distance to Albany Medical Center, Lark Street and the Empire State Plaza. First & second floor is a combined bi-level owners unit. First floor has a grand living room, entry foyer, powder room, gourmet kitchen with granite counter tops and a formal dining room overlooking a rear garden. Second floor has three bedrooms with two full bathrooms. The cherry on top is the 800 sq ft. two tier roof deck that offers breathtaking views of Washington Park and downtown Albany. House is presently rented but will be available during December. There is a garden level apartment equipped with a washer & dryer that rents for $950. Excellent Condition

Last Agent to Sell the Property

Peter Tryon

Madison Park Real Estate Listed on: 10/27/2020

Last Buyer's Agent

John Bevilacqua

EXIT Realty Capitals Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,039

Lot Details

  • 1,786

Home Design

  • 2,718 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Rubber Roof

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Basement

  • Apartment Living Space in Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Laundry on main level
  • Deck
  • Lot Dimensions are 18.2x100
  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 24 / 1
  • Assessor Parcel Number 010100 76.23-1-24

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,039

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Accessibility: Accessible Sidewalks
  • Directions: Madison ave on the park before Knox st
  • Above Grade Finished Sq Ft: 2718.0
  • Architectural Style: Townhouse
  • Lot Size: 18.2x100
  • New Construction: No
  • Possession Possession Legacy: 90 days
  • Sale Detail Seller Contribution: Yes
  • Flooring:Carpet: Yes
  • Laundry Features:Main Level: Yes
  • Flooring:Hardwood: Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Townhouse: Yes
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Hardwood
  • Basement: Apartment
  • Total Bedrooms: 4
  • Living Area: 2718.0
  • Attic Features:Part: Yes
  • Basement:Apartment: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Patio And Porch Features: Composite Deck
  • Waterfront: No
  • Construction Materials:Brick: Yes
  • Lot Features:Views: Yes
  • Accessibility Features:Accessible Sidewalks: Yes
  • Patio And Porch Features:Composite Deck: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement, Main Level
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 2 Amenities:Skylight(s)6: Yes
  • Unit 1 Amenities:Gourmet Kitchen3: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Views
  • Parcel #: 010100 76.23-1-24

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 6039.0
  • Tax Block: 1
  • Tax Lot: 24
  • Tax Tract: 76.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2012
Sold by
Trustco Realty Corporation
Bought by
Allen William F and Gilhooly Michael R
Current Estimated Value
$362,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500
Interest Rate
3.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 4, 2007
Sold by
Kosinski Norbert
Bought by
Gilhooly Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,800
Interest Rate
6.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Allen William F $50,000 None Available
Gilhooly Michael $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curran Patrick J $280,250
Closed Gilhooly Michael $133,700
Closed Gilhooly Michael $33,800
Closed Gilhooly Michael $32,000
Closed Gilhooly Michael R $21,000
Closed Gilhooly Michael R $6,500
Previous Owner Gilhooly Michael R $237,500
Previous Owner Allen William F $127,500
Previous Owner Gilhooly Michael R $11,512
Previous Owner Gilhooly Michael R $30,900
Previous Owner Gilhooly Michael $231,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $315,000 -4.0% $116 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/13/2020 11/13/20 Price Changed $328,000 -5.7% $121 / Sq Ft
11/06/2020 11/06/20 Price Changed $348,000 -5.7% $128 / Sq Ft
10/26/2020 10/26/20 For Sale $369,000 -- $136 / 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 $6,865 $253,000 $50,600 $202,400
2023 $7,118 $176,000 $35,200 $140,800
2022 $6,963 $176,000 $35,200 $140,800
2021 $6,948 $176,000 $35,200 $140,800
2020 $6,040 $176,000 $35,200 $140,800
2019 $6,929 $176,000 $35,200 $140,800
2018 $6,089 $176,000 $35,200 $140,800
2017 $2,555 $176,000 $35,200 $140,800
2016 $5,867 $176,000 $35,200 $140,800
2015 $5,227 $160,000 $13,900 $146,100
2014 -- $160,000 $13,900 $146,100
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Peter Tryon

    Madison Park Real Estate

  • J

    Buyer's Agent in 2021

    John Bevilacqua

    EXIT Realty Capitals Choice

  • John Bevilacqua JR

    Buyer's Agent in 2021

    John Bevilacqua JR

    The Property Shop

    (518) 444-4183

    1 in this area

    46 Total Sales

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Map

Source: Global MLS

MLS Number: 202031682

Global MLS

APN: 010100-076-023-0001-024-000-0000

New York Albany County Albany 12203 Park South

504 Madison Ave, Albany, NY

This home is located at 504 Madison Ave, Albany, NY 12208 since 27 October 2020 and is currently estimated at $364,364, approximately $134 per square foot. 504 Madison Ave is a home located in Albany County with nearby schools including Giffen Memorial 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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