NOT LISTED FOR SALE

Estimated Value: $262,598 - $314,000

5 Beds
3 Baths
1,840 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: March 18, 2019

Last sale price $165,000 $90 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,281 / mo

110 Days on Market

Highlights

  • Active Adult
  • Hot Water Heating System
  • 1-minute walk to Madison Avenue Park
  • No HOA

About This Home

As of March 2019

Rare 3 unit property near Saint Rose College and UAlbany. Already has off street parking that could be further maximized for rental income. Property boasts about an 11.3% cap rate as is, which is difficult to find in this market, with potential for more. Perfect for the investor looking for instant ROI and then some.

Last Agent to Sell the Property

Samantha Curry

Madison Park Real Estate Listed on: 10/19/2018

Co-Listed By

Peter Tryon

Madison Park Real Estate

Last Buyer's Agent

Emily Modan

Howard Hanna Capital Inc

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,401

Year Built

  • Built in 1898

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • Apartment Living Space in Basement

Utilities

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

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 59 / 3
  • Assessor Parcel Number 010100 61.61-3-59

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,401

Year Built

Built in 1898

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1898
  • Directions: Madison to Partridge, right turn onto Hamilton, property is on the left.
  • Above Grade Finished Sq Ft: 1840.0
  • Lot Size Acres: 0.1
  • Parking Features Parking Total: 3.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: Exclusive Agency Listing
  • Co List Office Mls Id: o2741A
  • Co List Office Phone: 518-281-5336
  • Special Features: None

Interior Features

  • Basement: Apartment
  • Living Area: 1840.0
  • Basement:Apartment: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 61.61-3-59
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6401.0
  • Tax Block: 3
  • Tax Lot: 59

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Mar 12, 2019
Sold by
Bought by
Seller's Agent
Samantha Curry
Madison Park Real Estate
Buyer's Agent
Emily Modan
Howard Hanna Capital Inc
List Price
$165,500
Sold Price
$165,000
Premium/Discount to List
-$500
-0.3%
Current Estimated Value
$295,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,400
Avg. Annual Appreciation
8.20%

Purchase Details

Closed on
Jan 17, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Pine Hills, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$165,000 Legacy Title Services Llc
-- None Available
-- --
$152,000 Kevin Condon
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $114,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/18/2019 03/18/19 Sold $165,000 -0.3% $90 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
10/19/2018 10/19/18 For Sale $165,500 -- $90 / Sq Ft
Source: Global MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,893 $248,000 $49,600 $198,400
2024 $7,893 $248,000 $49,600 $198,400
2023 $7,523 $184,000 $36,800 $147,200
2022 $7,362 $184,000 $36,800 $147,200
2021 $7,346 $184,000 $36,800 $147,200
2020 $6,981 $184,000 $36,800 $147,200
2019 $7,244 $184,000 $36,800 $147,200
2018 $7,254 $184,000 $36,800 $147,200
2017 $2,671 $184,000 $36,800 $147,200
2016 $6,787 $184,000 $36,800 $147,200
2015 $6,401 $174,400 $34,900 $139,500
2014 -- $174,400 $34,900 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201831628

Global MLS

APN: 010100-065-061-0003-059-000-0000

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