NOT LISTED FOR SALE

511 Morris St Albany, NY 12208

Pine Hills Neighborhood

Estimated Value: $242,000 - $309,000

3 Beds
2 Baths
1,872 Sq Ft
$143/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $148,400 $79 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,850/month

111 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 4-minute walk to Madison Avenue Park

About This Home

As of December 2017

Well maintained 2 Family investment property in desirable Pine Hills neighborhood! Long-term tenants in both units wish to renew leases for another year. Large driveway with plenty of off-street parking for both units. Small backyard area, separate utilities, washer/dryer in basement with coin operation capabilities. Recently & fully renovated 2nd unit. Recently painted & refinished floors in 1st unit. Convenient Albany location! Agent is owner. Excellent Condition

Last Agent to Sell the Property

Kaitlyn Zamzam

Garry Agency Listed on: 07/07/2017

Last Buyer's Agent

Alexsandra Dunn

Weichert Realtors Northeast Gp License #40DU0932090

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1880

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 1,872 Sq Ft Home
  • Duplex
  • Vinyl Siding
  • Asphalt

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

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

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 65 / 1
  • Assessor Parcel Number 010100 64.76-1-65

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,500

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Accessibility: Accessible Sidewalks
  • Year Built: 1880
  • Directions: Western Avenue to Ontario, right onto Morris. #511 on the right.
  • Above Grade Finished Sq Ft: 1872.0
  • Lot Size Acres: 0.11
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: Leased
  • Sale Detail Seller Contribution: Yes
  • Subdivision Name: Pine Hills
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 3
  • Living Area: 1872.0
  • Full Basement: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Accessibility Features:Accessible Sidewalks: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Radiant, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 2 Amenities:Built-in Features5: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 64.76-1-65
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4500.0
  • Tax Block: 1
  • Tax Lot: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Dec 14, 2017
Sold by
Lyons Joseph E and Lyons Kaitlyn M
Bought by
Gaied William
Seller's Agent
Kaitlyn Zamzam
Garry Agency
Buyer's Agent
Alexsandra Dunn
Weichert Realtors Northeast Gp
List Price
$169,500
Sold Price
$148,400
Premium/Discount to List
-$21,100
-12.45%
Current Estimated Value
$267,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,454
Avg. Annual Appreciation
7.68%
Original Mortgage
$145,706
Outstanding Balance
$122,064
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$145,790

Purchase Details

Listed on
Apr 24, 2012
Closed on
Jun 26, 2012
Sold by
Jones David H and Jones Janice I
Bought by
Lyons Joseph E and Lyons Kaitlyn M
Seller's Agent
Howard Rubinger
Howard Hanna Capital Inc
Buyer's Agent
Lucas Weston
KW Platform
List Price
$129,900
Sold Price
$127,500
Premium/Discount to List
-$2,400
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Original Mortgage
$89,250
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2012
Closed on
Jun 12, 2012
Sold by
Sommers Esq Andrew C
Bought by
Jones David H and Jones Janice I
Seller's Agent
Howard Rubinger
Howard Hanna Capital Inc
Buyer's Agent
Lucas Weston
KW Platform
List Price
$129,900
Sold Price
$127,500
Premium/Discount to List
-$2,400
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Gaied William -- None Available
Lyons Joseph E $127,500 None Available
Jones David H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaied William $145,706
Previous Owner Lyons Joseph E $89,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2017 12/15/17 Sold $148,400 -0.4% $79 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
09/28/2017 09/28/17 Price Changed $149,000 -3.2% $80 / Sq Ft
08/08/2017 08/08/17 Price Changed $154,000 -3.1% $82 / Sq Ft
07/26/2017 07/26/17 Price Changed $159,000 -3.3% $85 / Sq Ft
07/18/2017 07/18/17 Price Changed $164,500 -2.9% $88 / Sq Ft
07/06/2017 07/06/17 For Sale $169,500 +32.9% $91 / Sq Ft
06/21/2012 06/21/12 Sold $127,500 -1.8% $68 / Sq Ft View Prior Sale
05/04/2012 05/04/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $129,900 -- $69 / 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 $5,335 $202,000 $40,400 $161,600
2023 $4,989 $122,000 $24,400 $97,600
2022 $4,882 $122,000 $24,400 $97,600
2021 $4,872 $122,000 $24,400 $97,600
2020 $4,629 $122,000 $24,400 $97,600
2019 $4,803 $122,000 $24,400 $97,600
2018 $4,719 $122,000 $24,400 $97,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kaitlyn Zamzam

    Garry Agency

  • A

    Buyer's Agent in 2017

    Alexsandra Dunn

    Weichert Realtors Northeast Gp

  • H

    Buyer's Agent in 2017

    Hany Ayoub

    Howard Hanna Capital Inc

  • H

    Seller's Agent in 2012

    Howard Rubinger

    Howard Hanna Capital Inc

  • D

    Seller Co-Listing Agent in 2012

    Deanna Rubinger

    Howard Hanna Capital Inc

  • Lucas Weston

    Buyer's Agent in 2012

    Lucas Weston

    KW Platform

    (518) 269-7939

    100 Total Sales

    Lucas Weston
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Map

Source: Global MLS

MLS Number: 201713256

Global MLS

APN: 010100-064-076-0001-065-000-0000

New York Albany County Albany 12208 Pine Hills

511 Morris St, Albany, NY

Not Listed for Sale

MultiFamily

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