NOT LISTED FOR SALE

7 Farnam Place Albany, NY 12205

Estimated Value: $394,000 - $603,880

4 Beds
1.5 Baths
1,664 Sq Ft
$274/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $378,100 $227 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,889/month

6 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • No HOA
  • Laundry Room
  • Central Air

About This Home

As of January 2023

**MULTIPLE OFFERS - BEST AND FINAL TO BE SUBMITTED BY 1PM SUNDAY, DECEMBER 4. **

This stunning, move-in ready colonial adorns a brand new kitchen and appliances, sunny and bright over-sized family room, formal dining room perfect for entertaining, a gorgeous newly finished basement, Over-sized 2 car garage, new furnace in 2017, Central air replaced in 2018 & Brand new hot water tank this year! With hardwood floors and Energy Star windows throughout, this home is a true turnkey opportunity!
With its central location and 4 parks within walking distance this home is ready to welcome its new owners!

Last Agent to Sell the Property

Andrea Beth Googas

Cornwell Real Estate License #10401364574 Listed on: 11/30/2022

Last Buyer's Agent

Chandra Veino

Coldwell Banker Prime Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,503

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.27 Acre Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Roessleville Elementary School
  • Colonie Central High School

Utilities

  • Central Air
  • Baseboard Heating
  • 200+ Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 012689 42-2-62

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,503

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Directions: From Albany - West on Central - Right on Mountain View and Left on Farnam
  • Above Grade Finished Sq Ft: 1664.0
  • Lot Size Acres: 0.27
  • New Construction: No
  • Parking Features Parking Total: 6.0
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Laundry Room Level: First
  • Sale Detail Seller Contribution: No
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Flooring:Hardwood: Yes
  • Cooling:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood
  • Basement: Finished, Full
  • Appliances: Ice Maker, Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 480.0
  • Living Area: 1664.0
  • Bedroom Level: Second
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Bathroom Levels Full Bathroom 1: 2nd
  • Bathroom Levels Half Bathroom 1: 1st
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Appliances:Cooktop: Yes
  • Attic Features:Pull-Down: Yes
  • Appliances:Oven: Yes
  • Appliances:Icemaker: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Brick, Vinyl Siding
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway
  • Attached Garage: Yes
  • Total Parking Spaces: 6.0
  • Property Detail:Garage Spaces: 2.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Baseboard
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: South Colonie

Lot Info

  • Parcel #: 012689 42-2-62
  • Lot Size Sq Ft: 11761.2

Tax Info

  • Tax Annual Amount: 5503.0

MLS Schools

  • Elementary School: Roessleville ES
  • HighSchool: Colonie Central HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 26, 2023
Sold by
Canales Nicholas U
Bought by
Anderson James M and Anderson Allison L
Seller's Agent
Andrea Beth Googas
Cornwell Real Estate
Buyer's Agent
Chandra Veino
Coldwell Banker Prime Properties
List Price
$349,900
Sold Price
$378,100
Premium/Discount to List
$28,200
8.06%
Views
82
Current Estimated Value
$455,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,370
Avg. Annual Appreciation
7.03%
Original Mortgage
$302,480
Outstanding Balance
$292,886
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$162,584

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 23, 2023
Sold by
Frederick Hodings Inc
Bought by
Cantales Nicholas U and Cantales Meschal
Seller's Agent
Andrea Beth Googas
Cornwell Real Estate
Buyer's Agent
Chandra Veino
Coldwell Banker Prime Properties
List Price
$349,900
Sold Price
$378,100
Premium/Discount to List
$28,200
8.06%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,480
Outstanding Balance
$292,886
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$162,584

Purchase Details

Listed on
Apr 2, 2016
Closed on
Jun 21, 2016
Sold by
Meghan K Lohman
Bought by
Cantales Nicholas
Seller's Agent
Theresa Gil
Berkshire Hathaway Home Services Blake
Buyer's Agent
Leon Levy
Berkshire Hathaway Home Services Blake
List Price
$229,900
Sold Price
$229,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$205,760
Interest Rate
3.54%

Purchase Details

Listed on
Dec 14, 2011
Closed on
Apr 19, 2012
Sold by
Larosa Mary Frances
Bought by
Lohman Meghan K
Seller's Agent
Michelle Brown
Coldwell Banker Prime Properties
Buyer's Agent
Theresa Gil
Berkshire Hathaway Home Services Blake
List Price
$219,000
Sold Price
$180,000
Premium/Discount to List
-$39,000
-17.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$108,000
Interest Rate
4.08%
Mortgage Type
New Conventional
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
Anderson James M $378,500 Fidelity National Title
Cantales Nicholas U $531,000 Chicago Title Insurance Co
Cantales Nicholas -- --
Lohman Meghan K $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson James M $302,480
Previous Owner Cantales Nicholas $205,760
Previous Owner Cantales Nicholas --
Previous Owner Lohman Meghan K $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2023 01/26/23 Sold $378,100 +8.1% $227 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $349,900 +52.2% $210 / Sq Ft
06/02/2016 06/02/16 Sold $229,900 0.0% $138 / Sq Ft View Prior Sale
04/04/2016 04/04/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $229,900 +27.7% $138 / Sq Ft
04/19/2012 04/19/12 Sold $180,000 -17.8% $108 / Sq Ft View Prior Sale
02/29/2012 02/29/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $219,000 -- $132 / 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 $5,782 $127,000 $25,400 $101,600
2023 $5,609 $127,000 $25,400 $101,600
2022 $5,504 $127,000 $25,400 $101,600
2021 $5,429 $127,000 $25,400 $101,600
2020 $5,327 $127,000 $25,400 $101,600
2019 $2,668 $127,000 $25,400 $101,600
2018 $5,188 $127,000 $25,400 $101,600
2017 $3,375 $127,000 $25,400 $101,600
2016 $5,120 $127,000 $25,400 $101,600
2015 -- $127,000 $25,400 $101,600
2014 -- $127,000 $25,400 $101,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202230620

Global MLS

APN: 012689-042-003-0002-062-000-0000