NOT LISTED FOR SALE

616 Myrtle Ave Albany, NY 12208

Pine Hills Neighborhood

Estimated Value: $292,679 - $415,000

8 Beds
2 Baths
2,832 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $245,000 $87 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,447/month

12 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 5-minute walk to Madison Avenue Park
  • Albany High School Rated A-

About This Home

As of July 2019

616 Myrtle is a larger than average 2-family with 4 bedrooms each unit and rare off-street parking that can accommodate approximately 6 cars. Total monthly income is $2,200 per apartment, $4,400 a month, and owner pays utilities. Owner does not charge separately for parking, and Proforma is located under Listing Agent's Documents. No showings until Monday 3/11.

Last Agent to Sell the Property

Shane Mahar

Madison Park Real Estate License #10491207239 Listed on: 03/07/2019

Last Buyer's Agent

Sarah Anthony

New Scotland Realty License #10401309989

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,628

Year Built

  • Built in 1913

Lot Details

  • Lot Dimensions are 37.5x115.5

Home Design

  • 2,832 Sq Ft Home
  • Duplex
  • Clapboard

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 15 / 1
  • Assessor Parcel Number 010100 64.84-1-15

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,628

Year Built

Built in 1913

Lot Details

4,269 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1913
  • Directions: madison to ontario to myrtle
  • Above Grade Finished Sq Ft: 2832.0
  • Architectural Style: Duplex-Over/Under
  • Lot Size: 37.5X115.5
  • New Construction: No
  • Parking Features Parking Total: 6.0
  • Possession Possession Legacy: 5/31/19
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number of Separate Water Meters: 1
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 8
  • Living Area: 2832.0
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes

Exterior Features

  • Construction Type: Clapboard
  • Waterfront: No
  • Construction Materials:Clapboard2: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • 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 64.84-1-15

Tax Info

  • Tax Annual Amount: 7628.0
  • Tax Block: 1
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2015
Sold by
Phj Llc
Bought by
616 Myrtle Avenue Llc
Current Estimated Value
$341,670

Purchase Details

Closed on
Apr 30, 2010
Sold by
Rafferty Patrick and Rafferty Heather
Bought by
Phj Llc

Purchase Details

Closed on
Apr 14, 2009
Sold by
Horn Lawrence R and Horn Mary P
Bought by
Rafferty Patrick and Rafferty Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2005
Sold by
Raley Michael J
Bought by
Horn Lawrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,200
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1994
Sold by
Mccann Rita
Bought by
Bachstein Jay J and Bachstein Kristin K
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
616 Myrtle Avenue Llc -- None Available
Phj Llc -- None Available
Rafferty Patrick $192,500 None Available
Horn Lawrence R $190,250 Craig Crist
Bachstein Jay J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rafferty Patrick $150,400
Previous Owner Horn Lawrence R $152,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $245,000 0.0% $87 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $245,000 -- $87 / Sq Ft
Source: Global MLS

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
2025 $7,453 $285,000 $57,000 $228,000
2024 $7,453 $285,000 $57,000 $228,000
2023 $7,906 $196,000 $39,200 $156,800
2022 $7,734 $196,000 $39,200 $156,800
2021 $7,717 $196,000 $39,200 $156,800
2020 $7,436 $196,000 $39,200 $156,800
2019 $7,717 $196,000 $39,200 $156,800
2018 $7,454 $196,000 $39,200 $156,800
2017 $3,087 $196,000 $39,200 $156,800
2016 $7,471 $196,000 $39,200 $156,800
2015 $7,057 $192,300 $42,300 $150,000
2014 -- $192,300 $42,300 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Shane Mahar

    Seller's Agent in 2019

    Shane Mahar

    Madison Park Real Estate

    (518) 281-0815

    4 in this area

    33 Total Sales

    Shane Mahar
    Section Image
  • Sarah Anthony

    Buyer's Agent in 2019

    Sarah Anthony

    New Scotland Realty

    (518) 209-3771

    11 in this area

    147 Total Sales

    Sarah Anthony
    Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 201913705

Global MLS

APN: 010100-064-084-0001-015-000-0000

New York Albany County Albany 12208 Pine Hills

616 Myrtle Ave, Albany, NY

Not Listed for Sale

MultiFamily

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.

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Information is deemed reliable but not guaranteed.



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