NOT LISTED FOR SALE

62 Terrace Ave Albany, NY 12203

Melrose Neighborhood

Estimated Value: $290,000 - $345,000

3 Beds
1.5 Baths
1,576 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $175,000 $111 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,318/month

80 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Porch
  • Full Attic
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of October 2016

Great uptown location. This Gracious Colonial has all NEW Gorgeous Gourmet kitchen with Lighting, Counter tops, S/S Appliances, Ceramic tile Flooring and Back Splash, Soup to nuts! Butlers Pantry off Kitchen, Large Formal Dining Room with Crystal Chandelier, Gentile Living Room with Wood Burning Fireplace, 1st Floor Study, Gracious foyer with closet, New Boiler, All reclaimed Barn Board in Basement, New w/w carpeting, Gorgeous Hardwoods throughout. Landscaped back yard with flower gardens. A must see! Excellent Condition

Last Agent to Sell the Property

Dade Canfield

Gucciardo Real Estate LLC Listed on: 06/21/2016

Last Buyer's Agent

Neil Macbale

Yankee Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,654

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 43' x 125'
  • Landscaped
  • Level Lot
  • Garden

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Asphalt

Interior Spaces

  • Built-In Features
  • Living Room with Fireplace
  • Ceramic Tile Flooring
  • Full Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

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

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 42 / 1
  • Assessor Parcel Number 010100 64-1-42

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,654

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1935
  • Directions: Western Ave West of Manning to a right on Terrace
  • Above Grade Finished Sq Ft: 1576.0
  • Architectural Style: Colonial
  • Financial Details General Taxes: 2519.0
  • Financial Details School Taxes: 3135.0
  • Lot Size: 43' x 125'
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Possession Possession Legacy: tbt
  • Sale Detail Seller Contribution: Yes
  • Garage Yn: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style:Colonial: Yes
  • Percent Basement Finished: Yes
  • Flooring:Ceramic Tile: Yes
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Basement: Finished, Full
  • Interior Amenities: Built-in Features, Eat-in Kitchen
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 848.0
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1576.0
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Interior Features:Built-in Features: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Exterior Features: Garden, Lighting
  • Roof: Asphalt
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Porch
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Garden: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Heating: Hot Water, Natural Gas, Radiant, Steam
  • Laundry Features: In Basement
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level, Landscaped
  • Parcel #: 010100 64-1-42

Tax Info

  • Tax Annual Amount: 5654.0
  • Tax Block: 1
  • Tax Lot: 42
  • Tax Tract: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Oct 31, 2016
Sold by
Lehman Ruth V
Bought by
Edvalson John J and Edvalson Rebecca A
Seller's Agent
Dade Canfield
Gucciardo Real Estate LLC
Buyer's Agent
Neil Macbale
Yankee Realty Inc
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Current Estimated Value
$318,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,262
Avg. Annual Appreciation
7.20%
Original Mortgage
$171,237
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2015
Sold by
Lehman William J and Lehman Ruth V
Bought by
Lehman Ruth
Source: Public Records

Range of Values:

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Average Value
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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
Edvalson John J $180,250 None Available
Lehman Ruth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edvalson John J $255,000
Closed Edvalson John J $176,000
Closed Edvalson John J $171,237
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $175,000 -5.4% $111 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
07/20/2016 07/20/16 Price Changed $184,900 -4.1% $117 / Sq Ft
06/22/2016 06/22/16 Price Changed $192,900 +1.6% $122 / Sq Ft
06/21/2016 06/21/16 For Sale $189,900 -- $120 / 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 $7,008 $264,000 $52,800 $211,200
2023 $7,185 $180,000 $41,000 $139,000
2022 $7,028 $180,000 $41,000 $139,000
2021 $7,012 $180,000 $41,000 $139,000
2020 $6,829 $180,000 $41,000 $139,000
2019 $7,087 $180,000 $41,000 $139,000
2018 $6,846 $180,000 $41,000 $139,000
2017 $3,089 $180,000 $41,000 $139,000
2016 $5,594 $203,000 $41,000 $162,000
2015 $5,655 $205,000 $46,400 $158,600
2014 -- $205,000 $46,400 $158,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dade Canfield

    Gucciardo Real Estate LLC

  • N

    Buyer's Agent in 2016

    Neil Macbale

    Yankee Realty Inc

See All Agents

Map

Source: Global MLS

MLS Number: 201612718

Global MLS

APN: 010100-064-042-0001-042-000-0000

New York Albany County Albany 12203 Melrose

62 Terrace Ave, Albany, NY

This home is located at 62 Terrace Ave, Albany, NY 12203 since 21 June 2016 and is currently estimated at $318,262, approximately $201 per square foot. This property was built in 1935. 62 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.

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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