NOT LISTED FOR SALE

534 Hamilton St Albany, NY 12203

Pine Hills Neighborhood

Estimated Value: $185,000 - $227,000

2 Beds
2 Baths
1,344 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 01, 2023

Last sale price $165,000 $123 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,488/month

7 Days on Market

Highlights

  • Secluded Lot
  • Double Pane Windows
  • Bathroom on Main Level
  • No HOA
  • Window Unit Cooling System
  • 2-minute walk to Madison Avenue Park

About This Home

As of October 2023

534 Hamilton St is a two-family that was entirely rebuilt in 1984. It is located in one of Albany's most desirable rental locations, and with very long term tenants, it is an easily manageable building. The majority of the roof was replaced just 1 year ago, with the other half done in 2019. The current owner meticulously maintains the building, with frequent services to the mechanicals, and the Weil-Mclane Boilers shine for it. He has already contracted to have the entire back deck and staircase replaced, and this will be done prior to closing.

Last Agent to Sell the Property

Shane Mahar

Madison Park Real Estate License #10491207239 Listed on: 06/30/2023

Last Buyer's Agent

Jaime Evans

Re/Max Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Back Yard Fenced
  • Secluded Lot
  • Garden

Home Design

  • Duplex
  • Rubber Roof
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Laundry in Basement

Bedrooms and Bathrooms

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

Schools

  • Albany High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, cable TV, electricity, gas
  • The owner pays for grounds care
  • Legal Lot and Block 33.000 / 1
  • Assessor Parcel Number 010100 64.68-1-33

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,090

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Directions: Partridge to Hamilton
  • Above Grade Finished Sq Ft: 1344.0
  • Lot Size Acres: 0.06
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income: 1850.0
  • Rental Income Description: Monthly
  • Fencing:Back Yard: Yes
  • Laundry Features:In Basement: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Doors
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1344.0
  • Window Features: Double Pane Windows
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Grounds Care
  • Fireplace: No
  • Basement:Bilco Doors: Yes

Exterior Features

  • Exterior Features: Garden
  • Roof: Rubber, Asphalt
  • Construction Type: Vinyl Siding
  • Fencing: Back Yard
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Secluded: Yes
  • Exterior Features:Garden: Yes
  • Window Features:Double Pane Windows2: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Electric: 200+ Amp Service
  • Heating: Hot Water, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Secluded
  • Parcel #: 010100 64.68-1-33
  • Lot Size Sq Ft: 2613.6

Rental Info

  • Tenant Pays: Hot Water, Heat, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 4090.13
  • Tax Block: 1
  • Tax Lot: 33.000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Sep 28, 2023
Sold by
Schoppmeyer Michael L
Bought by
Egboluche Uchechukwu
Seller's Agent
Shane Mahar
Madison Park Real Estate
Buyer's Agent
Jaime Evans
Re/Max Premier
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Views
37
Current Estimated Value
$208,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,195
Avg. Annual Appreciation
11.48%
Original Mortgage
$132,000
Outstanding Balance
$129,458
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$78,737
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
Egboluche Uchechukwu $165,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egboluche Uchechukwu $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2023 10/01/23 Sold $165,000 -5.7% $123 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $174,900 -- $130 / 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 $4,702 $154,000 $30,800 $123,200
2023 $4,201 $102,000 $20,400 $81,600
2022 $4,111 $102,000 $20,400 $81,600
2021 $4,102 $102,000 $20,400 $81,600
2020 $3,870 $102,000 $20,400 $81,600
2019 $4,016 $102,000 $20,400 $81,600
2018 $3,879 $102,000 $20,400 $81,600
2017 $1,481 $102,000 $20,400 $81,600
2016 $3,762 $102,000 $20,400 $81,600
2015 $3,600 $98,100 $19,600 $78,500
2014 -- $98,100 $19,600 $78,500
Source: Public Records

Agents Affiliated with this Home

  • Shane Mahar

    Seller's Agent in 2023

    Shane Mahar

    Madison Park Real Estate

    (518) 281-0815

    6 in this area

    44 Total Sales

    Shane Mahar
    Section Image

  • J

    Buyer's Agent in 2023

    Jaime Evans

    RE/MAX

See All Agents

Map

Source: Global MLS

MLS Number: 202319850

Global MLS

APN: 010100-064-068-0001-033-000-0000

New York Albany County Albany 12203 Pine Hills

534 Hamilton St, Albany, NY

Not Listed for Sale

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