NOT LISTED FOR SALE

550 Mercer St Albany, NY 12208

Pine Hills Neighborhood

Estimated Value: $289,000 - $397,000

6 Beds
2 Baths
2,606 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $96,811 $37 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $2,374/month

144 Days on Market

About This Home

As of August 2014

HUD deal -- Fair Condition

Last Agent to Sell the Property

John Belanger

Royalview Realty Inc License #31BE0811352 Listed on: 07/19/2014

Last Buyer's Agent

Ralph Riposa

Royalview Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,909

Year Built

  • Built in 1924

Lot Details

  • 4,008

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,606 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7 / 5
  • Assessor Parcel Number 010100 75.28-5-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,909

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1924
  • Directions: South Lake ave, to left on Mercer, home on left, check map book if need be.
  • Above Grade Finished Sq Ft: 2606.0
  • Lot Size: as per deed
  • New Construction: No
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2606.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • 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

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 75.28-5-7

Tax Info

  • Tax Block: 5
  • Tax Lot: 7
  • Tax Tract: 75.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2022
Sold by
Phan Lan
Bought by
Canada Solomon and Canada Gloria
Current Estimated Value
$337,513

Purchase Details

Closed on
Apr 21, 2016
Sold by
Conforce Holding Llc
Bought by
Phan Lan

Purchase Details

Listed on
Jul 19, 2014
Closed on
Aug 26, 2014
Sold by
Secretary Of Hud
Bought by
Phan Lan
Seller's Agent
John Belanger
Royalview Realty Inc
Buyer's Agent
Ralph Riposa
Royalview Realty
List Price
$90,000
Sold Price
$96,811
Premium/Discount to List
$6,811
7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%
Original Mortgage
$87,100
Interest Rate
4.14%

Purchase Details

Closed on
Mar 2, 2006
Sold by
Scalici Angelo
Bought by
Cameron Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,508
Interest Rate
6.27%
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
Canada Solomon $35,000 Legacy Title
Phan Lan $35,000 None Available
Phan Lan $97,000 None Available
Cameron Christine A $183,000 David Bacon
Cameron Christine Ea $183,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phan Lan $87,100
Previous Owner Cameron Christine Ea $221,508
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $96,811 +7.6% $37 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $90,000 -- $35 / 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 $6,909 $263,000 $52,600 $210,400
2023 $6,842 $169,000 $38,800 $130,200
2022 $6,694 $169,000 $38,800 $130,200
2021 $6,679 $169,000 $38,800 $130,200
2020 $6,412 $169,000 $38,800 $130,200
2019 $6,654 $169,000 $38,800 $130,200
2018 $6,427 $169,000 $38,800 $130,200
2017 $2,453 $169,000 $38,800 $130,200
2016 $6,233 $169,000 $38,800 $130,200
2015 $4,233 $190,300 $38,100 $152,200
Source: Public Records

Agents Affiliated with this Home

  • John Belanger

    Seller's Agent in 2014

    John Belanger

    Royalview Realty Inc

    (518) 796-2084

    173 Total Sales

    John Belanger
    Section Image

  • R

    Buyer's Agent in 2014

    Ralph Riposa

    Royalview Realty

See All Agents

Map

Source: Global MLS

MLS Number: 201403164

Global MLS

APN: 010100-075-028-0005-007-000-0000

New York Albany County Albany 12208 Pine Hills

550 Mercer St, Albany, NY

This home is located at 550 Mercer St, Albany, NY 12208 since 19 July 2014 and is currently estimated at $337,513, approximately $129 per square foot. This property was built in 1924. 550 Mercer St is a home located in Albany County with nearby schools including New Scotland Elementary School, William S Hackett 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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