NOT LISTED FOR SALE

Estimated Value: $149,642 - $208,000

4 Beds
2 Baths
1,520 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $198,000 $130 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,207/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Bathroom on Main Level
  • 2-minute walk to Elizabeth Street Park
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2024

Welcome to 57 Catherine St, a versatile 2-family property that's perfect for investors or owner-occupants. This charming home features two units, each with 2 bedrooms. The first-floor unit was beautifully remodeled in 2020, boasting modern updates and fresh finishes. The second-floor unit has a long-term tenant in place, providing immediate rental income with potential for increased rents. Short distance away from downtown Albany and MVP arena. Recent updates include: New floors, Renovated bathroom, two new stoves, refrigerators, and microwaves, new kitchen cabinets, Fresh paint, and New windows. Don't miss this fantastic opportunity to own a versatile and income-generating property in a prime location.

Last Agent to Sell the Property

Jeury Lugo

KW Platform License #10401347643 Listed on: 08/01/2024

KW Platform

Last Buyer's Agent

Obinna Igbo

KW Platform License #10401274619

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,547

Year Built

  • Built in 1940

Lot Details

  • 1,307

Home Design

  • 1,520 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Albany High School

Additional Features

  • 1,307 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, internet, cable TV, electricity, gas
  • The owner pays for trash collection, snow removal, water
  • Legal Lot and Block 22.000 / 2
  • Assessor Parcel Number 010100 76.56-2-22

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,547

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Zoning: Multi Residence
  • Year Built: 1940
  • Directions: Refer to Google Maps
  • Above Grade Finished Sq Ft: 1520.0
  • Architectural Style: Traditional
  • Lot Size Acres: 0.03
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income: 2100.0
  • Rental Income Description: Actual
  • Income: 25200.0
  • Architectural Style:Traditional: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1520.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Snow Removal, Water
  • Basement:Slab2: Yes
  • Attic Features:Other54: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 76.56-2-22
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Internet, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 2546.7
  • Tax Block: 2
  • Tax Lot: 22.000

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 30, 2024
Sold by
Plummer Hakeem
Bought by
Sensational Property Management Llc
Seller's Agent
Jeury Lugo
KW Platform
Buyer's Agent
Obinna Igbo
KW Platform
List Price
$199,900
Sold Price
$198,000
Premium/Discount to List
-$1,900
-0.95%
Views
60
Current Estimated Value
$185,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,089
Avg. Annual Appreciation
-5.20%
Original Mortgage
$158,400
Outstanding Balance
$156,526
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$29,385

Purchase Details

Closed on
Nov 29, 2023
Sold by
Armory Lofts Llc
Bought by
Maldonado Brianna and Plummer Hakeem

Purchase Details

Closed on
Oct 30, 2009
Sold by
Joval Enterprises Llc
Bought by
Szymanski Valerie and Okolie Joseph

Purchase Details

Closed on
Sep 25, 2007

Purchase Details

Closed on
Nov 28, 2005
Sold by
County Of Albany Ny
Bought by
Prokopiak Edward

Purchase Details

Closed on
May 3, 1995
Sold by
Est Of Koonce James W
Bought by
Koonce Tonjia
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
Sensational Property Management Llc $198,000 None Listed On Document
Sensational Property Management Llc $198,000 None Listed On Document
Maldonado Brianna $282,000 Pac Abstract
Szymanski Valerie -- None Available
-- -- --
Joval Enterprises Llc -- None Available
Prokopiak Edward $22,000 --
Koonce Tonjia $2,646 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sensational Property Management Llc $158,400
Closed Sensational Property Management Llc $158,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $198,000 -1.0% $130 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $199,900 +28.1% $132 / Sq Ft
06/07/2022 06/07/22 Sold $156,000 +4.0% $103 / Sq Ft View Prior Sale
05/06/2022 05/06/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $150,000 +57.9% $99 / Sq Ft
01/30/2020 01/30/20 Sold $95,000 -13.6% $63 / Sq Ft View Prior Sale
11/08/2019 11/08/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $110,000 0.0% $72 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $110,000 -- $72 / 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 $2,732 $100,000 $20,000 $80,000
2023 $2,427 $57,000 $11,400 $45,600
2022 $2,377 $57,000 $11,400 $45,600
2021 $2,372 $57,000 $11,400 $45,600
2020 $2,163 $57,000 $11,400 $45,600
2019 $2,244 $57,000 $11,400 $45,600
2018 $2,168 $57,000 $11,400 $45,600
2017 $2,738 $57,000 $11,400 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202422649

Global MLS

APN: 010100-076-056-0002-022-000-0000