NOT LISTED FOR SALE

Estimated Value: $202,000 - $278,000

5 Beds
2 Baths
1,710 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $179,000 $105 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,582/month

6 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Level Lot
  • No HOA
  • Forced Air Heating System
  • 3-minute walk to Madison Avenue Park

About This Home

As of May 2023

Located in the heart of Albany, this two family is located near St. Rose, Russel Sage, Albany Law School, Albany College of Pharmacy and Albany Med. Perfect for someone looking for an owner occupy or rent out both units to generate more income. The property has a fenced in back yard. Laundry is in the basement. Second unit will be available after April 1st. Contact listing agent for more information.

Last Agent to Sell the Property

Christopher Schmid

Coldwell Banker Commercial Prime Properties License #10401334076 Listed on: 03/22/2023

Coldwell Banker Commercial Prime Properties

Last Buyer's Agent

Luke Khachadourian

KW Platform License #10301219050

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,320

Year Built

  • Built in 1880

Lot Details

  • 2,614 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Aluminum Siding

Interior Spaces

  • 1,710 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Unfinished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Albany High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Insurance Expense $1,100

Listing and Financial Details

  • Tenant pays for heat, electricity, gas
  • The owner pays for trash collection, sewer, water
  • Legal Lot and Block 37.000 / 1
  • Assessor Parcel Number 010100 64.68-1-37

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,320

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1880
  • Directions: take a left off Madison Ave onto Partridge St then take a right onto Hamilton St
  • Above Grade Finished Sq Ft: 1710.0
  • Lot Size Acres: 0.06
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Special Listing Conditions Ownership: Fogel
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Actual
  • Rental Income: 2300.0
  • Rental Income Description: Monthly
  • Income: 27600.0
  • Ownership: Fogel
  • Flooring:Carpet: Yes
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Laundry Features:In Basement: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Hardwood
  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 1710.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Sewer, Water
  • Full Basement: Yes
  • Attic Features:Part: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Construction Type: Aluminum Siding
  • Fencing: Back Yard
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: No
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • 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

Fee Information

  • Annual Water Sewer Expense: 660.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 64.68-1-37
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Electricity, Gas

Multi Family

  • Insurance Expense: 1100.0

Tax Info

  • Tax Annual Amount: 4320.12
  • Tax Block: 1
  • Tax Lot: 37.000

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
May 12, 2023
Sold by
Fogel Caitlyn M and Fogel Niv
Bought by
Mathew Bijou
Seller's Agent
Christopher Schmid
Coldwell Banker Commercial Prime Properties
Buyer's Agent
Luke Khachadourian
KW Platform
List Price
$179,000
Sold Price
$179,000
Views
94
Current Estimated Value
$228,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,936
Avg. Annual Appreciation
10.09%
Original Mortgage
$134,250
Outstanding Balance
$130,442
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$98,494

Purchase Details

Closed on
Mar 11, 2022
Sold by
Durrant Robert C
Bought by
Fogel Niv and Fogel Caitlyn

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 31, 2021
Sold by
Ying Chen
Bought by
Fogel Niv and Dabagian Caitlyn M
Seller's Agent
Laura Louie
Venture Fox Realty Group LLC
Buyer's Agent
Keith Wells
Simon's Rock Realty LLC
List Price
$145,000
Sold Price
$140,817
Premium/Discount to List
-$4,183
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$105,613
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2009
Sold by
Davies Pauline M
Bought by
Jagathalaprathaban Jagannath

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,732
Interest Rate
5.12%
Mortgage Type
FHA
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
Mathew Bijou $179,000 None Listed On Document
Fogel Niv $142,500 None Listed On Document
Fogel Niv $141,000 Legacy Title
Jagathalaprathaban Jagannath $70,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathew Bijou $134,250
Previous Owner Fogel Niv $105,613
Previous Owner Jagathalaprathaban Jagannath $68,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $179,000 0.0% $105 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $179,000 +27.1% $105 / Sq Ft
08/31/2021 08/31/21 Sold $140,817 -2.9% $82 / Sq Ft View Prior Sale
07/03/2021 07/03/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $145,000 0.0% $85 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $145,000 0.0% $85 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $145,000 +34.3% $85 / Sq Ft
08/12/2018 08/12/18 Sold $108,000 -6.1% $63 / Sq Ft View Prior Sale
05/10/2018 05/10/18 Pending -- -- --
03/26/2018 03/26/18 Price Changed $115,000 -3.4% $67 / Sq Ft
01/29/2018 01/29/18 Price Changed $119,000 -4.4% $70 / Sq Ft
01/24/2018 01/24/18 For Sale $124,500 0.0% $73 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
11/08/2017 11/08/17 Price Changed $124,500 -3.5% $73 / Sq Ft
10/16/2017 10/16/17 For Sale $129,000 +19.4% $75 / Sq Ft
06/13/2017 06/13/17 Off Market $108,000 -- --
06/05/2017 06/05/17 For Sale $129,000 0.0% $75 / Sq Ft
04/06/2015 04/06/15 Rented $800 -5.9% --
04/06/2015 04/06/15 Under Contract -- -- --
01/16/2015 01/16/15 For Rent $850 -- --
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 $4,518 $170,000 $34,000 $136,000
2023 $4,437 $108,000 $24,400 $83,600
2022 $4,343 $108,000 $24,400 $83,600
2021 $4,333 $108,000 $24,400 $83,600
2020 $4,098 $108,000 $24,400 $83,600
2019 $4,252 $108,000 $24,400 $83,600
2018 $4,640 $122,000 $24,400 $97,600
2017 $2,160 $122,000 $24,400 $97,600
2016 $4,889 $122,000 $24,400 $97,600
2015 $4,679 $127,500 $30,200 $97,300
2014 -- $127,500 $30,200 $97,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202313606

Global MLS

APN: 010100-064-068-0001-037-000-0000