NOT LISTED FOR SALE

7 Myrtle Ave Albany, NY 12202

Mansion Area Neighborhood

Estimated Value: $236,000 - $306,000

3 Beds
3 Baths
2,400 Sq Ft
$109/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2023

Last sale price $230,000 $96 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,859 / mo

2 Days on Market

Highlights

  • 0.15 Acre Lot
  • Deck
  • No HOA
  • Albany High School Rated A-
  • Wood Flooring
  • 2-minute walk to Philip Street Park

About This Home

As of July 2023

This beautifully maintained 2 family property is located in the historic mansion district of Albany. Lots of original details remain, including amazing decorative fireplace mantels, high ceilings, crown molding and original archways. Unit 1 is a large two story apartment with 2 bedrooms, 2 full baths, laundry room, a newly remodeled eat-in kitchen with stainless steel appliances and under cabinet lighting, as well as a patio and a fenced in yard. Large closets and storage throughout. Unit 2 is a spacious 1 bedroom, 1 full bath with a laundry room and large rear deck for entertaining. This property would make a great investment opportunity as a turn-key rental or as an owner occupied. Currently unit 1 is occupied with a long term month to month tenant. Unit 2 is vacant.

Last Agent to Sell the Property

Colleen Mullady

Field Realty License #10401340825 Listed on: 05/10/2023

Last Buyer's Agent

Karen Glaser

Coldwell Banker Prime Properties License #30GL1096272

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,459

Year Built

  • Built in 1860

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 56 x 113
  • Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Albany High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for heat, water, electricity
  • Legal Lot and Block 75.000 / 5
  • Assessor Parcel Number 010100 76.49-5-75

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,459

Year Built

Built in 1860

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1860
  • Directions: EAST ON MADISON AVE, RIGHT ON EAGLE, LEFT ON MYRTLE, UNIT ON LEFT
  • Financial Details General Taxes: 2032.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2292.0
  • School Taxes Description: With Exemptions
  • Lot Size Acres: 0.15
  • Lot Size: 56 X 113
  • New Construction: No
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Electric Expense Description: Tenant
  • Gas Expense Description: Tenant
  • Rental Income: 1350.0
  • Rental Income Description: Actual
  • Income Description: UNIT 2 RENT S/B 950+
  • Percent Basement Finished: Yes
  • Flooring:Hardwood: Yes
  • Fencing:Fenced: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: Exterior Entry, Finished, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom Levels Full Bathroom 1: Basement
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Basement:Walk-Out Access: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Built-Up
  • Construction Type: Brick
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:None37: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No
  • Property Detail:Parking YN: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: None
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Water Sewer Expense: 250.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 76.49-5-75
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Water, Electricity

Tax Info

  • Tax Annual Amount: 4459.0
  • Tax Block: 5
  • Tax Lot: 75.000

MLS Schools

  • HighSchool: Albany

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jul 17, 2023
Sold by
Bought by
Seller's Agent
Colleen Mullady
Field Realty
Buyer's Agent
Karen Glaser
Coldwell Banker Prime Properties
List Price
$220,000
Sold Price
$230,000
Premium/Discount to List
$10,000
4.55%
Views
39
Current Estimated Value
$262,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,039
Avg. Annual Appreciation
4.55%
Original Mortgage
$184,000
Outstanding Balance
$178,402
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$83,637

Purchase Details

Closed on
Jul 1, 2018
Sold by
Bought by

Purchase Details

Listed on
Jul 1, 2014
Closed on
Sep 26, 2014
Sold by
Bought by
Seller's Agent
Cheryl McCarthy
C MAC Realty Group, Inc.
Buyer's Agent
Jane Coogan
Roberts Real Estate
List Price
$120,000
Sold Price
$118,500
Premium/Discount to List
-$1,500
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$121,361
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2003
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$230,000 Chicago Title
$215,000 A & G Title & Settlement Svc
$124,000 Fidelity Natl Title Ins Co
-- Chicago Title Insurance Co
$122,500 Susan Hoblock
$75,000 Kristine A Lanchantin
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $184,000
Previous Owner $121,361
Previous Owner $98,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $230,000 +4.5% $96 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $220,000 0.0% $92 / Sq Ft
02/29/2020 02/29/20 Rented $1,350 +8.0% --
11/06/2018 11/06/18 Price Changed $1,250 -21.9% $1 / Sq Ft
10/10/2018 10/10/18 For Rent $1,600 0.0% --
09/18/2014 09/18/14 Sold $118,500 -1.3% $49 / Sq Ft View Prior Sale
07/11/2014 07/11/14 Pending -- -- --
06/29/2014 06/29/14 For Sale $120,000 -- $50 / Sq Ft
Source: Global MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,418 $190,000 $38,000 $152,000
2024 $5,418 $190,000 $38,000 $152,000
2023 $4,989 $122,000 $24,400 $97,600
2022 $4,291 $122,000 $24,400 $97,600
2021 $4,256 $122,000 $24,400 $97,600
2020 $3,991 $122,000 $24,400 $97,600
2019 $4,803 $122,000 $24,400 $97,600
2018 $3,990 $122,000 $24,400 $97,600
2017 $1,817 $122,000 $24,400 $97,600
2016 $3,921 $122,000 $24,400 $97,600
2015 $3,862 $118,500 $32,600 $85,900
2014 -- $125,000 $32,600 $92,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Colleen Mullady

    Field Realty

    (518) 495-1877

    1 in this area

    11 Total Sales

    Colleen Mullady
    Section Image
  • Karen Glaser

    Buyer's Agent in 2023

    Karen Glaser

    Coldwell Banker Prime Properties

    (518) 527-9221

    1 in this area

    116 Total Sales

    Karen Glaser
    Section Image

  • S

    Seller's Agent in 2020

    Susan Lynne Sommers

    Better Homes and Gardens Tech

  • J

    Buyer's Agent in 2020

    Jane Coogan

    Roberts Real Estate

  • Susan Sommers

    Buyer's Agent in 2020

    Susan Sommers

    Howard Hanna Capital Inc

    (518) 495-9144

    1 in this area

    51 Total Sales

    Susan Sommers
    Section Image

  • C

    Seller's Agent in 2014

    Cheryl McCarthy

    C MAC Realty Group, Inc.

See All Agents

Map

Source: Global MLS

MLS Number: 202316391

Global MLS

APN: 010100-076-049-0005-075-000-0000

New York Albany County Albany 12202 Mansion Area

7 Myrtle Ave, Albany, NY

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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