NOT LISTED FOR SALE

68 Hoffman Ave Albany, NY 12209

Delaware Avenue Neighborhood

Estimated Value: $240,000 - $274,000

4 Beds
2 Baths
2,256 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $125,000 $55 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,776/month

31 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 3-minute walk to Hoffman Park
  • No HOA

About This Home

As of May 2017

Attention investors. 3 identical duplexes built in 1982 by, and for, Richard Rosetti are available and each offers over 2200 sqft at the popular intersection of Hoffman Ave and McCarty Ave, across the street from Hoffman Park and at the entrance/exit to 787. each offers a 5,000 sqft lot with off street parking. Each building is 2 BR and has separate utilities. Electric baseboard on a slab. Package offers on the 3 will be considered. Currently Zoned R2A -- Very Good Condition

Last Agent to Sell the Property

John DiBlasi

DiBlasi Real Estate Listed on: 01/09/2017

Last Buyer's Agent

non-member non member

NON MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,670

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 50 x 100
  • Corner Lot
  • Level Lot

Home Design

  • 2,256 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Vinyl Siding
  • Asphalt

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry on main level

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Baseboard Heater

Listing and Financial Details

  • Legal Lot and Block 77 / 4
  • Assessor Parcel Number 010100 76.99-4-77

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $985

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,670

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1985
  • Directions: Corner of Hoffman Ave and McCarty Av
  • Above Grade Finished Sq Ft: 2256.0
  • Lot Size: 50 x 100
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Possession Possession Legacy: 3/31/17
  • Sale Detail Seller Contribution: No
  • Insurance Expense Description: Actual
  • Rental Income Description: Actual
  • Income: 19800.0
  • Laundry Features:Main Level: Yes
  • Laundry Features:Upper Level: Yes
  • Foundation Details:Slab: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Living Area: 2256.0
  • Fireplace: No
  • Attic Features:Eaves: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Electric
  • Laundry Features: Main Level, Upper Level
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level, Corner Lot
  • Parcel #: 010100 76.99-4-77

Multi Family

  • Insurance Expense: 985.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4670.0
  • Tax Block: 4
  • Tax Lot: 77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
May 17, 2017
Sold by
Santiago Mayra E
Bought by
Bermudez Hector L and Bermudez Laurine A
Seller's Agent
John DiBlasi
DiBlasi Real Estate
Buyer's Agent
non-member non member
NON MLS OFFICE
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%
Current Estimated Value
$251,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,468
Avg. Annual Appreciation
8.88%
Original Mortgage
$385,000
Outstanding Balance
$319,999
Interest Rate
4.08%
Mortgage Type
Unknown
Estimated Equity
-$60,929

Purchase Details

Closed on
Jul 16, 2002
Sold by
Rosetti Richard G
Bought by
Santiago Mayra E
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
Bermudez Hector L $125,000 None Available
Santiago Mayra E $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bermudez Hector L $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $125,000 -10.7% $55 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/20/2017 01/20/17 Price Changed $139,900 -6.7% $62 / Sq Ft
01/06/2017 01/06/17 For Sale $149,900 -- $66 / 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 $5,488 $208,000 $41,600 $166,400
2023 $5,423 $133,000 $26,600 $106,400
2022 $5,306 $133,000 $26,600 $106,400
2021 $5,295 $133,000 $26,600 $106,400
2020 $5,046 $133,000 $26,600 $106,400
2019 $5,236 $133,000 $26,600 $106,400
2018 $5,058 $133,000 $26,600 $106,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    John DiBlasi

    DiBlasi Real Estate

  • n

    Buyer's Agent in 2017

    non-member non member

    NON MLS OFFICE

See All Agents

Map

Source: Global MLS

MLS Number: 201700409

Global MLS

APN: 010100-076-069-0004-077-000-0000

New York Albany County Albany 12209 Delaware Avenue

68 Hoffman 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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