NOT LISTED FOR SALE

55 Melrose Ave Albany, NY 12203

Melrose Neighborhood

Estimated Value: $271,000 - $341,000

4 Beds
1 Bath
1,352 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $330,000 $244 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,242/month

17 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Dining Room
  • 1 Fireplace
  • Living Room
  • Radiant Heating System

About This Home

As of June 2024

Nestled in the sought-after neighborhood of Albany, NY, 55 Melrose Avenue presents a prime opportunity. This property boasts a desirable location near amenities and schools. Though the residence may require updates, its solid structure and spacious layout offer immense potential for modernization. With a bit of renovation, this property can be transformed into the ideal home, blending convenience with contemporary style.

Last Agent to Sell the Property

Samantha Curry

New Scotland Realty License #10491209794 Listed on: 04/08/2024

Last Buyer's Agent

Jack Zheng

Brokers Network License #10401235201

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,700

Year Built

  • Built in 1928

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Albany High School

Utilities

  • No Cooling
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 82.000 / 1
  • Assessor Parcel Number 010100 64.42-1-82

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,700

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1928
  • Directions: From I-787, take Exit 4B onto NY-7 W. Merge onto NY-85 S, then take the exit toward NY-140/Washington Ave. Turn right onto Melrose Ave. Follow Melrose Ave until you reach 55 Melrose Avenue, Albany, NY 12203, on your left.
  • Above Grade Finished Sq Ft: 1352.0
  • Architectural Style: Traditional
  • Lot Size Acres: 0.12
  • New Construction: No
  • Parking Features Parking Total: 1.0
  • Full Bathroom Level: Second
  • Sale Detail Buyer Zip Code: 11373
  • Sale Detail Seller Contribution: No
  • Garage Yn: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Unfinished
  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 676.0
  • Fireplaces: 1
  • Living Area: 1352.0
  • Bedroom Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Bathroom Levels Full Bathroom 1: 2nd
  • Fireplace: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • Attached Garage: No
  • Total Parking Spaces: 1.0
  • Property Detail:Garage Spaces: 1.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiant
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 64.42-1-82
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6699.63
  • Tax Block: 1
  • Tax Lot: 82.000
  • Tax Tract: 64.42

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jun 19, 2024
Sold by
Rooney Jane C
Bought by
Nyein Aye Aye
Seller's Agent
Samantha Curry
New Scotland Realty
Buyer's Agent
Jack Zheng
Brokers Network
List Price
$330,000
Sold Price
$330,000
Views
148
Current Estimated Value
$308,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,554
Avg. Annual Appreciation
-2.03%
Original Mortgage
$198,000
Outstanding Balance
$195,970
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$126,273
Source: Public Records

Range of Values:

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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
Nyein Aye Aye $330,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nyein Aye Aye $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $330,000 +10.0% $244 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $300,000 -9.1% $222 / Sq Ft
04/08/2024 04/08/24 For Sale $330,000 -- $244 / 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 $6,731 $245,000 $49,000 $196,000
2023 $6,700 $181,000 $36,000 $145,000
2022 $6,475 $181,000 $36,000 $145,000
2021 $6,435 $181,000 $36,000 $145,000
2020 $6,230 $181,000 $36,000 $145,000
2019 $7,126 $181,000 $36,000 $145,000
2018 $5,514 $181,000 $36,000 $145,000
2017 $2,732 $181,000 $36,000 $145,000
2016 $5,359 $181,000 $36,000 $145,000
2015 $5,499 $185,000 $40,300 $144,700
2014 -- $185,000 $40,300 $144,700
Source: Public Records

Agents Affiliated with this Home

  • Samantha Curry

    Seller's Agent in 2024

    Samantha Curry

    New Scotland Realty

    (518) 964-2066

    3 in this area

    139 Total Sales

    Samantha Curry
    Section Image
  • Jack Zheng

    Buyer's Agent in 2024

    Jack Zheng

    Brokers Network

    (518) 292-8817

    1 in this area

    152 Total Sales

    Jack Zheng
    Section Image
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Map

Source: Global MLS

MLS Number: 202414788

Global MLS

APN: 010100-064-042-0001-082-000-0000

New York Albany County Albany 12203 Melrose

55 Melrose Ave, Albany, NY

This home is located at 55 Melrose Ave, Albany, NY 12203 since 08 April 2024 and is currently estimated at $308,446, approximately $228 per square foot. This property was built in 1928. 55 Melrose Ave 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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