Seller's Agent in 2024
Neil Macbale
Big Blue Realty Group Inc
(518) 225-4201
4 in this area
28 Total Sales
687 State St Albany, NY 12203
Pine Hills NeighborhoodEstimated Value: $240,508 - $329,000
7
Beds
2
Baths
2,056
Sq Ft
$143/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Hot Water Heating System
- Albany High School Rated A-
- Bathroom on Main Level
- 3-minute walk to Beverwyck Park
About This Home
As of July 2024***MULTI-OFFER SITUATION: HIGHEST & BEST DUE ON OR BY SUNDAY, APRIL 7TH BY 6PM** Situated on a well-maintained block in Albany, this charming centrally located two-family home offers an enticing blend of convenience and comfort. Boasting a total of 7 bedrooms, it presents an excellent opportunity for both homeowners and investors alike. Renovated in 2006, the property retains its modern appeal and functionality, requiring minimal maintenance for its occupants. With a monthly rental income of $3765, taxes under $4700 annually, and separate utilities, this investment promises consistent returns even in today's market. Added conveniences include washer dryer facilities in the basement, off-street parking, and a spacious backyard, enhancing the appeal for potential tenants.
Last Agent to Sell the Property
Big Blue Realty Group Inc License #40MA1146390 Listed on: 04/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,800
Year Built
- Built in 1905
Lot Details
- 2,178 Sq Ft Lot
- Level Lot
Home Design
- 2,056 Sq Ft Home
- Duplex
- Rubber Roof
- Vinyl Siding
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 3 Parking Spaces
- Open Parking
- Off-Street Parking
Schools
- Albany High School
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tenant pays for hot water, heat, electricity, gas
- The owner pays for trash collection, snow removal, water
- Legal Lot and Block 15.000 / 3
- Assessor Parcel Number 010100 65.62-3-15
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2024
Sold by
Schiaffo James and Heller Ryan
Bought by
Margherita Boys Llc
Current Estimated Value
Purchase Details
Listed on
Apr 3, 2024
Closed on
Jul 11, 2024
Sold by
Eichelberger Gregory
Bought by
Schiaffo James and Heller Ryan
Seller's Agent
Neil Macbale
Big Blue Realty Group Inc
Buyer's Agent
Michael Bryan
Coldwell Banker Prime Properties
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%
Views
41
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.14%
Original Mortgage
$189,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 24, 2006
Sold by
Lynch Guy
Bought by
Vandoren Chris
Purchase Details
Closed on
Mar 14, 2005
Sold by
Empire Enterprises Llc
Bought by
Lynch Guy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
5.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 21, 2003
Purchase Details
Closed on
Jun 19, 1996
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Margherita Boys Llc | -- | Smpr Title | |
| Schiaffo James | -- | None Listed On Document | |
| Vandoren Chris | $109,000 | -- | |
| Vandoren Chris | $109,000 | None Available | |
| Lynch Guy | $103,000 | Dorothy Tischler | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schiaffo James | $189,000 | |
| Previous Owner | Lynch Guy | $82,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/11/2024 07/11/24 | Sold | $315,000 | +5.0% | $153 / Sq Ft | |
| 04/08/2024 04/08/24 | Pending | -- | -- | -- | |
| 04/03/2024 04/03/24 | For Sale | $299,900 | +1.7% | $146 / Sq Ft | |
| 12/19/2023 12/19/23 | Sold | $295,000 | 0.0% | $143 / Sq Ft | View Prior Sale |
| 11/05/2023 11/05/23 | Pending | -- | -- | -- | |
| 10/31/2023 10/31/23 | For Sale | $295,000 | -- | $143 / 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 | $5,641 | $214,000 | $42,800 | $171,200 |
| 2024 | $5,641 | $214,000 | $42,800 | $171,200 |
| 2023 | $4,674 | $114,000 | $22,800 | $91,200 |
| 2022 | $4,574 | $114,000 | $22,800 | $91,200 |
| 2021 | $4,564 | $114,000 | $22,800 | $91,200 |
| 2020 | $4,325 | $114,000 | $22,800 | $91,200 |
| 2019 | $4,488 | $114,000 | $22,800 | $91,200 |
| 2018 | $4,336 | $114,000 | $22,800 | $91,200 |
| 2017 | $1,655 | $114,000 | $22,800 | $91,200 |
| 2016 | $4,205 | $114,000 | $22,800 | $91,200 |
| 2015 | $4,081 | $111,200 | $22,200 | $89,000 |
| 2014 | -- | $111,200 | $22,200 | $89,000 |
Source: Public Records
Agents Affiliated with this Home
-
Neil Macbale
-
Michael Bryan
M
Buyer's Agent in 2024
Michael Bryan
Coldwell Banker Prime Properties
(443) 362-0303
1 in this area
22 Total Sales
-
R
Seller's Agent in 2023
Robert Piazza
Northern Star Realty
Map
Source: Global MLS
MLS Number: 202414536
APN: 010100-065-062-0003-015-000-0000
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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