NOT LISTED FOR SALE

663 Myrtle Ave Albany, NY 12208

Pine Hills Neighborhood

Estimated Value: $248,375 - $347,000

7 Beds
2 Baths
2,220 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $305,000 $137 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,147/month

67 Days on Market

Highlights

  • Traditional Architecture
  • Full Attic
  • Bathroom on Main Level
  • Albany High School Rated A-
  • No HOA
  • 4-minute walk to Madison Avenue Park

About This Home

As of October 2024

Money maker for your investors! 12% Cap Rate and tenants already in place on the 2nd floor. Spacious 2 unit has a lot to offer with great income, 4 yr young roof, modern kitchen with stainless steel appliances and washer dryer in each unit. 1st floor vacant for possible owner occupancy.

Last Agent to Sell the Property

Lucy Ann Sokaris

Miranda Real Estate Group Inc License #10401221904 Listed on: 06/25/2024

Last Buyer's Agent

Ryan Conway

Coldwell Banker Prime Properties License #10401379670

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,487

Year Built

  • Built in 1912

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 28.5x93.5

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Parquet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

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

Schools

  • Albany High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for heat, internet, cable TV, electricity, gas
  • The owner pays for trash collection, snow removal, water
  • Legal Lot and Block 51.000 / 2
  • Assessor Parcel Number 010100 64.76-2-51

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,487

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1912
  • Directions: S. Main St to Myrtle Ave,
  • Above Grade Finished Sq Ft: 2220.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 2706.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3781.1
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.06
  • Lot Size: 28.5X93.5
  • Sale Detail Seller Contribution: No
  • Flooring:Ceramic Tile: Yes
  • Architectural Style:Traditional: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Linoleum, Parquet
  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace Features: Living Room
  • Living Area: 2220.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Snow Removal, Water
  • Fireplace: Yes
  • Full Basement: Yes
  • Fireplace Features:Living Room: Yes
  • Attic Features:Walk-Up: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Other58: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Natural Gas
  • 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 64.76-2-51
  • Lot Size Sq Ft: 2613.6

Rental Info

  • Tenant Pays: Heat, Internet, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 6487.1
  • Tax Block: 2
  • Tax Lot: 51.000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Oct 15, 2024
Sold by
663 Myrtle Llc
Bought by
Miranda Olivia
Seller's Agent
Lucy Ann Sokaris
Miranda Real Estate Group Inc
Buyer's Agent
Ryan Conway
Coldwell Banker Prime Properties
List Price
$349,900
Sold Price
$305,000
Premium/Discount to List
-$44,900
-12.83%
Views
38
Current Estimated Value
$310,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,094
Avg. Annual Appreciation
1.37%
Original Mortgage
$259,250
Outstanding Balance
$256,183
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$53,911

Purchase Details

Listed on
Jun 9, 2016
Closed on
Jul 29, 2016
Sold by
Strodel Thomas J
Bought by
Morgan Arnold C and Morgan Alicia M
Seller's Agent
Shane Mahar
Field Realty
Buyer's Agent
Lucy Ann Sokaris
Miranda Real Estate Group, Inc
List Price
$159,000
Sold Price
$160,000
Premium/Discount to List
$1,000
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$120,000
Interest Rate
3.42%
Mortgage Type
New Conventional
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
Miranda Olivia $305,000 Wfg National Title
Miranda Olivia $305,000 Wfg National Title
Morgan Arnold C $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Olivia $259,250
Closed Miranda Olivia $259,250
Previous Owner Morgan Arnold C $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2024 10/15/24 Sold $305,000 -4.7% $137 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $319,900 -5.9% $144 / Sq Ft
07/22/2024 07/22/24 Price Changed $339,900 -2.9% $153 / Sq Ft
06/25/2024 06/25/24 For Sale $349,900 +118.7% $158 / Sq Ft
07/29/2016 07/29/16 Sold $160,000 +0.6% $72 / Sq Ft View Prior Sale
06/14/2016 06/14/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $159,000 -- $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 $6,305 $240,000 $48,000 $192,000
2023 $6,487 $160,000 $35,600 $124,400
2022 $6,347 $160,000 $35,600 $124,400
2021 $6,333 $160,000 $35,600 $124,400
2020 $6,413 $160,000 $35,600 $124,400
2019 $6,299 $160,000 $35,600 $124,400
2018 $6,085 $160,000 $35,600 $124,400
2017 $3,981 $160,000 $35,600 $124,400
2016 $6,565 $178,000 $35,600 $142,400
2015 $6,096 $166,100 $33,200 $132,900
2014 -- $166,100 $33,200 $132,900
Source: Public Records

Agents Affiliated with this Home

  • Lucy Ann Sokaris

    Seller's Agent in 2024

    Lucy Ann Sokaris

    Miranda Real Estate Group Inc

    (518) 428-3469

    10 in this area

    106 Total Sales

    Lucy Ann Sokaris
    Section Image

  • R

    Buyer's Agent in 2024

    Ryan Conway

    Coldwell Banker Prime Properties

    (518) 505-3231

    2 in this area

    14 Total Sales

    Ryan Conway
    Section Image

  • S

    Seller's Agent in 2016

    Shane Mahar

    Field Realty

See All Agents

Map

Source: Global MLS

MLS Number: 202420075

Global MLS

APN: 010100-064-076-0002-051-000-0000

New York Albany County Albany 12208 Pine Hills

663 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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