$227,000
SOLD DEC 19, 2017
-- Bed
-- Bath
3,724 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$61 Per Sq Ft

3% Below List Price

357 Days on Market

Highlights

  • Senior Community
  • Corner Lot
  • Window Unit Cooling System
  • 0.24 Acre Lot
  • No HOA
  • 3-minute walk to Beverwyck Park

About This Home

As of December 2017

3,724+/- sq/ft, three-story mixed-use building on the corner of Washington Ave and Ontario St. The building consists of a 1,000+/- square foot retail space on the first floor. The retail space has a brand new 5 year lease with 3% annual rent increases and is responsible for all their expense and pro rata share of water/sewer and trash removal. The second and third floors have three-bedroom apartments. Tenants pay all utilities, and has 10.2% CAP at list price. Call agent directly for full financial brochure -- Very Good Condition

Last Agent to Sell the Property

John Bevilacqua

EXIT Realty Capitals Choice Listed on: 04/23/2017

Last Buyer's Agent

John Bevilacqua

EXIT Realty Capitals Choice Listed on: 04/23/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,526

Year Built

  • Built in 1930

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Parking Space

Home Design

  • Triplex
  • Rubber Roof
  • Shingle Siding

Interior Spaces

  • 3,724 Sq Ft Home
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Senior Community
  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 33 / 1
  • Assessor Parcel Number 012689 65.53-1-33

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,526

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1930
  • Directions: From downtown Albany follow Washington Ave. west to the corner of Ontario and Washington
  • Above Grade Finished Sq Ft: 3724.0
  • Architectural Style: Triplex
  • Lot Size Acres: 0.24
  • Parking Features Parking Total: 1.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Special Features: None

Interior Features

  • Basement: Partial
  • Living Area: 3724.0
  • Basement:Partial: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Shingle Siding
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Corner Lot
  • Parcel #: 012689 65.53-1-33
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7526.0
  • Tax Block: 1
  • Tax Lot: 33
  • Tax Tract: 65.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2023
Sold by
555 Washington Ave Llc
Bought by
Mccoy Jasper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,620
Outstanding Balance
$315,581
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$85,851

Purchase Details

Closed on
Feb 18, 2013
Sold by
Dp Developments Llc
Bought by
Hbsm Properties Llc

Purchase Details

Closed on
Mar 11, 2011
Sold by
Oh Daniel
Bought by
Oh Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2011
Sold by
Oh Daniel C and Zheng James
Bought by
Oh Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2010
Sold by
Oh Daniel C
Bought by
Dp Developments Llc

Purchase Details

Closed on
Dec 8, 2009
Sold by
Lam Cheong Sun and Lam Mei Fai C
Bought by
Oh Daniel C and Zheng James

Purchase Details

Closed on
Mar 28, 2007
Sold by
Homesales Inc
Bought by
Lam Cheong Sun and Lam Mei Fai C

Purchase Details

Closed on
Mar 22, 2007

Purchase Details

Closed on
Oct 2, 2006
Sold by
Paul Sarah
Bought by
Homesales Inc

Purchase Details

Closed on
Nov 14, 2005
Sold by
Muia James
Bought by
Paul Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.07%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $240,000 Pac Abstract And Title
Deed $229,500 None Available
Deed $54,000 --
Interfamily Deed Transfer $54,000 Chicago Title Insurance Co
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed $98,000 Chicago Title Insurance Co
Bargain Sale Deed $96,000 None Available
Deed $96,000 --
Foreclosure Deed $144,500 Steven J Baum
Deed $165,500 None Available
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,620 FHA
Closed $320,620 FHA
Previous Owner $181,600 Commercial
Previous Owner $150,000 Commercial
Previous Owner $157,500 New Conventional
Previous Owner $9,100 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $375,000 +65.2% $101 / Sq Ft
12/19/2017 12/19/17 Sold $227,000 0.0% $61 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
05/31/2017 05/31/17 Off Market $227,000 -- --
04/23/2017 04/23/17 For Sale $234,900 +3.5% $63 / Sq Ft
04/22/2017 04/22/17 Off Market $227,000 -- --
01/23/2017 01/23/17 Price Changed $234,900 -3.3% $63 / Sq Ft
11/15/2016 11/15/16 Price Changed $242,900 -2.8% $65 / Sq Ft
09/23/2016 09/23/16 For Sale $249,900 -- $67 / 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 $8,429 $254,400 $14,000 $240,400
2023 $8,302 $210,600 $9,600 $201,000
2022 $8,117 $210,600 $9,600 $201,000
2021 $8,099 $210,600 $9,600 $201,000
2020 $7,990 $210,600 $9,600 $201,000
2019 $8,291 $210,600 $9,600 $201,000
2018 $8,009 $210,600 $9,600 $201,000
2017 $3,613 $210,600 $9,600 $201,000
2016 $8,324 $210,600 $9,600 $201,000
2015 $8,889 $195,000 $4,600 $190,400
2014 -- $195,000 $4,600 $190,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201619770

Global MLS

APN: 010100-065-053-0001-033-000-0000