NOT LISTED FOR SALE

56 Terrace Ave Albany, NY 12203

Melrose Neighborhood

Estimated Value: $273,000 - $293,795

4 Beds
2 Baths
1,406 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 56 Terrace Ave, Albany, NY 12203 and is currently estimated at $285,199, approximately $202 per square foot. 56 Terrace 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Sikora Matthew E
Bought by
Hartmark Laura
Current Estimated Value
$285,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,410
Outstanding Balance
$188,531
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$96,838

Purchase Details

Closed on
Jul 18, 2018
Sold by
Fleischman Wendy
Bought by
Sikora Matthew E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Hartmark Laura $215,000 None Listed On Document
Sikora Matthew E $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartmark Laura $193,410
Previous Owner Sikora Matthew E $166,250
Previous Owner Fleischman Wendy E $15,000
Source: Public Records

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 $6,776 $251,000 $50,200 $200,800
2023 $7,107 $178,000 $42,000 $136,000
2022 $6,951 $178,000 $42,000 $136,000
2021 $6,935 $178,000 $42,000 $136,000
2020 $6,753 $178,000 $42,000 $136,000
2019 $7,172 $178,000 $42,000 $136,000
2018 $6,120 $178,000 $42,000 $136,000
2017 $4,073 $178,000 $42,000 $136,000
2016 $7,121 $210,000 $42,000 $168,000
2015 $7,231 $214,600 $42,900 $171,700
2014 -- $214,600 $42,900 $171,700
Source: Public Records

Map

New York Albany County Albany 12203 Melrose

56 Terrace Ave, Albany, NY

This home is located at 56 Terrace Ave, Albany, NY 12203 and is currently estimated at $285,199, approximately $202 per square foot. 56 Terrace 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.

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