NOT LISTED FOR SALE

550 Hudson Ave Albany, NY 12203

Pine Hills Neighborhood

Estimated Value: $270,727 - $318,000

6 Beds
2 Baths
2,352 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $200,000 $85 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,087/month

14 Days on Market

Highlights

  • Transitional Architecture
  • Hot Water Heating System
  • 3-minute walk to Madison Avenue Park
  • No HOA

About This Home

As of September 2018

Highly profitable 2-family, always rented. Two 3 bedroom-1bath units w/ separate gas & electric. Off street parking - 3 car driveway. New Roof 2017, 2 new electric panels & 200 AMP service line 2017, exterior masonry work 2018, vinyl siding, vinyl replacement windows, updated gas boilers both serviced annually, low maintenance building. Appliances included. Rent is $1300/mo upstairs and $1275/mo downstairs, both leased until 5/30/19. Just around corner from St. Rose public safety building. Good Condition

Last Agent to Sell the Property

Alexander Monticello

Monticello License #10491202360 Listed on: 07/09/2018

Last Buyer's Agent

Kimberly Levy

Berkshire Hathaway Home Services Blake License #10401297993

Berkshire Hathaway Home Services Blake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,312

Year Built

  • Built in 1894

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Duplex
  • Transitional Architecture
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 2,352 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 3
  • Assessor Parcel Number 010100 65.61-3-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,312

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Accessibility: Accessible Transportation or Bus
  • Year Built: 1894
  • Directions: Between Ontario and Partridge. One block south of Western Ave.
  • Above Grade Finished Sq Ft: 2352.0
  • Financial Details General Taxes: 3800.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3512.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.08
  • New Construction: No
  • Parking Features Parking Total: 3.0
  • Possession Possession Legacy: Leased
  • Sale Detail Seller Contribution: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2352.0
  • Full Basement: Yes
  • Attic Features:Hatch: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Accessibility Features:Accessible Transportation or Bus: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Laundry Features: None
  • Water Source: Public
  • Cooling Y N: No
  • 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

  • Parcel #: 010100 65.61-3-3
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7312.0
  • Tax Block: 3
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2010
Sold by
Beale John A and Thompson Whitney
Bought by
Degasperis John Arthur
Current Estimated Value
$290,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,541
Outstanding Balance
$123,236
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$167,696
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Degasperis John Arthur $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degasperis John Arthur $182,541
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2018 09/10/18 Sold $200,000 -4.8% $85 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $210,000 -- $89 / 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 $6,662 $254,000 $50,800 $203,200
2023 $6,645 $164,000 $32,800 $131,200
2022 $6,501 $164,000 $32,800 $131,200
2021 $6,487 $164,000 $32,800 $131,200
2020 $6,552 $164,000 $32,800 $131,200
2019 $6,457 $164,000 $32,800 $131,200
Source: Public Records

Agents Affiliated with this Home

  • Alexander Monticello

    Seller's Agent in 2018

    Alexander Monticello

    Monticello

    (518) 227-0718

    9 in this area

    139 Total Sales

    Alexander Monticello
    Section Image

  • K

    Buyer's Agent in 2018

    Kimberly Levy

    Berkshire Hathaway Home Services Blake

    Section Image
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Map

Source: Global MLS

MLS Number: 201823910

Global MLS

APN: 010100-065-061-0003-003-000-0000

New York Albany County Albany 12203 Pine Hills

550 Hudson Ave, Albany, NY

Not Listed for Sale

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Information is deemed reliable but not guaranteed.



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