NOT LISTED FOR SALE

515 Hamilton St Albany, NY 12203

Pine Hills Neighborhood

Estimated Value: $240,000 - $354,000

8 Beds
2 Baths
2,200 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $275,000 $125 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,012/month

33 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Baseboard Heating
  • No HOA
  • Bathroom on Main Level
  • 2-minute walk to Madison Avenue Park

About This Home

As of March 2024

Excellent cash cow to add to an existing portfolio or the new investor. Great student rental with excellent rental history! 8 bedrooms total bringing in 2000.00 per month per unit. Updates throughout, new roof 2023. Great ROI. First floor currently vacant and ready to be rented for next school year. Easy to show.

Last Agent to Sell the Property

David Schrepper

RE/MAX Solutions License #40SC1054070 Listed on: 01/11/2024

RE/MAX Solutions

Co-Listed By

Jonathan Lanahan

RE/MAX Solutions License #10401298349

Last Buyer's Agent

James Bertan

BLUE SPRUCE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,627

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Foundation
  • Rolled or Hot Mop Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Basement

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

Outdoor Features

  • Front Porch

Schools

  • Albany High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for heat, internet, electricity, gas
  • The owner pays for trash collection, sewer, water
  • Legal Lot and Block 62.000 / 3
  • Assessor Parcel Number 010100 65.61-3-62

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,627

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Zoning: Multi Residence
  • Year Built: 1920
  • Directions: Madison Ave heading downtown to a left onto Partridge and right onto Hamilton.
  • Above Grade Finished Sq Ft: 2200.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details General Taxes: 1941.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2741.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.06
  • New Construction: No
  • Sale Detail Buyer Zip Code: 11003
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income: 4000.0
  • Rental Income Description: Estimated
  • Income: 48000.0
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Unit Information Number Of Washers: 1
  • Co List Office Mls Id: o2834B
  • Co List Office Phone: 518-720-3400
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Laundry Features:In Basement: Yes
  • Foundation Details:BrickMortar: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Basement: Full
  • Interior Amenities: Ceramic Tile Bath
  • Full Bathrooms: 2
  • Total Bedrooms: 8
  • Living Area: 2200.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Sewer, Water
  • Fireplace: No
  • Full Basement: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Attic Features:None16: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rolled/Hot Mop, Flat
  • Construction Type: Wood Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Front Porch
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service
  • Heating: Baseboard, Hot Water
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 65.61-3-62
  • Lot Size Sq Ft: 2613.6

Rental Info

  • Tenant Pays: Heat, Internet, Electricity, Gas

Tax Info

  • Tax Annual Amount: 4626.81
  • Tax Block: 3
  • Tax Lot: 62.000
  • Tax Tract: 65.61

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2024
Sold by
Inzerillo Christopher and Inzerillo Douglas Matthew
Bought by
515 Hamilton St Properties Llc
Current Estimated Value
$284,204

Purchase Details

Listed on
Jan 11, 2024
Closed on
Mar 22, 2024
Sold by
515 Hamilton Street Llc
Bought by
Inzerillo Christopher and Inzerillo Douglas Matthew
Seller's Agent
David Schrepper
RE/MAX Solutions
Buyer's Agent
James Bertan
BLUE SPRUCE REALTY
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
Original Mortgage
$206,250
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2007
Sold by
Trustee Wells Fargo Bank, N.A.
Bought by
515 Hamilton Street Llc

Purchase Details

Closed on
May 17, 2007
Sold by
Mebus Jack
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 6, 2005
Sold by
515 Hamilton St Llc
Bought by
Mebus Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,387
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1999
Sold by
Mcguire Michael J
Bought by
Elkayan Ariel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.78%

Purchase Details

Closed on
Mar 8, 1999
Sold by
Mcguire Michael J
Bought by
Elkayan Ariel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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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
515 Hamilton St Properties Llc -- Chicago Title
Inzerillo Christopher $275,000 Chicago Title
515 Hamilton Street Llc $104,500 Brian Bronsther
515 Hamilton Street Llc $104,500 None Available
Wells Fargo Bank Na $110,500 --
Wells Fargo Bank Na $110,500 None Available
Mebus Jack $132,653 Dorothy Tischler
Elkayan Ariel $60,000 --
Elkayan Ariel $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Inzerillo Christopher $206,250
Previous Owner Mebus Jack $119,387
Previous Owner Elkayan Ariel $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $275,000 -5.1% $125 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $289,900 -- $132 / 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 $5,609 $233,000 $46,600 $186,400
2023 $4,753 $116,000 $23,200 $92,800
2022 $4,651 $116,000 $23,200 $92,800
2021 $4,641 $116,000 $23,200 $92,800
2020 $4,401 $116,000 $23,200 $92,800
2019 $4,462 $116,000 $23,200 $92,800
2018 $4,412 $116,000 $23,200 $92,800
2017 $2,384 $116,000 $23,200 $92,800
2016 $4,978 $116,000 $23,200 $92,800
2015 $4,221 $115,000 $30,000 $85,000
2014 -- $115,000 $30,000 $85,000
Source: Public Records

Agents Affiliated with this Home

  • David Schrepper

    Seller's Agent in 2024

    David Schrepper

    RE/MAX

    (518) 330-4209

    13 in this area

    179 Total Sales

    David Schrepper
    Section Image
  • Jonathan Lanahan

    Seller Co-Listing Agent in 2024

    Jonathan Lanahan

    RE/MAX

    (315) 749-8596

    7 in this area

    46 Total Sales

    Jonathan Lanahan
    Section Image

  • J

    Buyer's Agent in 2024

    James Bertan

    BLUE SPRUCE REALTY

  • Melissa Hems

    Buyer's Agent in 2024

    Melissa Hems

    Crystal Coleman Realty LLC

    (518) 951-0411

    8 in this area

    209 Total Sales

    Melissa Hems
    Section Image
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Map

Source: Global MLS

MLS Number: 202410467

Global MLS

APN: 010100-065-061-0003-062-000-0000

New York Albany County Albany 12203 Pine Hills

515 Hamilton St, Albany, NY

This home is located at 515 Hamilton St, Albany, NY 12203 since 11 January 2024 and is currently estimated at $284,204, approximately $129 per square foot. This property was built in 1920. 515 Hamilton St is a home located in Albany County with nearby schools including Pine Hills 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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