NOT LISTED FOR SALE

7 Ridge Terrace Albany, NY 12205

Estimated Value: $403,000 - $424,000

4 Beds
2 Baths
1,920 Sq Ft
$217/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $228,700 $119 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,686/month

130 Days on Market

Highlights

  • Wooded Lot
  • Raised Ranch Architecture
  • No HOA
  • Forest Park Elementary School Rated A-
  • Full Attic
  • Eat-In Kitchen

About This Home

As of April 2016

Opportunity awaits! Own this lovingly maintained one owner home in a fantastic Colonie Village location. Warm and inviting details throughout. Over sized kitchen perfect for family gatherings. Hardwood Floors, ceramic tile, chair rail, bay window, exposed beams, & custom stone fireplace. Newer roof & replacement windows. Too many features to list. Park like semi-private lot with expansive stamped concrete patio. Schedule a showing today! ***taxes are w/out exemptions -- Excellent Condition

Last Agent to Sell the Property

Erica Shea

Coldwell Banker Prime Properties License #40SH1036089 Listed on: 10/06/2015

Coldwell Banker Prime Properties

Last Buyer's Agent

Suzanne Prezio

Oxford Realty Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,881

Year Built

  • Built in 1974

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Wooded Lot

Home Design

  • Raised Ranch Architecture
  • Slab Foundation
  • Asphalt

Interior Spaces

  • 1,920 Sq Ft Home
  • Paddle Fans
  • Wood Burning Fireplace
  • Bay Window
  • French Doors
  • Ceramic Tile Flooring
  • Full Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 29 / 2
  • Assessor Parcel Number 012689 41.12-2-29

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,881

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Accessibility: See Remarks
  • Year Built: 1974
  • Directions: CENTRAL AVE TO LICCOLN AVE TO RT ON RIDGE TERR.
  • Above Grade Finished Sq Ft: 1920.0
  • Architectural Style: Raised Ranch
  • Financial Details General Taxes: 1168.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3433.0
  • School Taxes Description: Estimated
  • Financial Details Village Taxes: 281.0
  • Village Taxes Description: Estimated
  • Fuel Cost Description Fuel Cost: 143
  • Lot Size Acres: 0.27
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Sale Detail Seller Contribution: Yes
  • Subdivision Name: Village of Colonie
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Flooring:Ceramic Tile: Yes
  • Foundation Details:Slab: Yes
  • Architectural Style:Raised Ranch: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile
  • Basement: Slab
  • Interior Amenities: High Speed Internet, Paddle Fan, Eat-in Kitchen
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Living Area: 1920.0
  • Window Features: Bay Window(s)
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Basement:Slab2: Yes
  • Attic Features:Hatch: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Attic Features:Full2: Yes
  • Fireplace Features:Family Room: Yes

Exterior Features

  • Exterior Features: Lighting
  • Roof: Asphalt
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Level: Yes
  • Accessibility Features:See Remarks24: Yes
  • Door Features:French Doors: Yes
  • Lot Features:Sprinklers In Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Lighting: Yes
  • Window Features:Bay Window(s): Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Hot Water, Natural Gas, Wood
  • Laundry Features: Laundry Room
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wood3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: South Colonie

Lot Info

  • Lot Features: Level, Sprinklers In Front, Sprinklers In Rear, Wooded, Landscaped
  • Parcel #: 012689 41.12-2-29
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4881.0
  • Tax Block: 2
  • Tax Lot: 29
  • Tax Tract: 41.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2021
Sold by
Burnetter Diana M
Bought by
Burnetter James D and Burnetter Tracey L
Current Estimated Value
$416,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$25,102
Interest Rate
2.17%
Estimated Equity
$391,450

Purchase Details

Listed on
Oct 6, 2015
Closed on
May 5, 2016
Sold by
William M Schaefer
Bought by
Von Vonrohr and Von Rohr
Seller's Agent
Erica Shea
Coldwell Banker Prime Properties
Buyer's Agent
Suzanne Prezio
Oxford Realty Associates
List Price
$229,900
Sold Price
$228,700
Premium/Discount to List
-$1,200
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$417,000
Outstanding Balance
$333,213
Interest Rate
3.61%
Estimated Equity
$83,339

Purchase Details

Listed on
Oct 6, 2015
Closed on
Apr 18, 2016
Sold by
Craig Murray
Bought by
Burnetter James and Burnetter Rachel
Seller's Agent
Erica Shea
Coldwell Banker Prime Properties
Buyer's Agent
Suzanne Prezio
Oxford Realty Associates
List Price
$229,900
Sold Price
$228,700
Premium/Discount to List
-$1,200
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$333,213
Interest Rate
3.61%
Estimated Equity
$83,339

Purchase Details

Closed on
May 18, 2015
Sold by
Oliver Karen Elizabeth and Holmes Kelly Eileen
Bought by
Murray Craig

Purchase Details

Closed on
May 22, 2013
Sold by
Murray Mary Ann
Bought by
Oliver Karen Elizabeth and Holmes Kelly Eileen

Purchase Details

Closed on
Feb 21, 2002
Sold by
Murray Craig J
Bought by
Ann Murray Mary
Source: Public Records

Range of Values:

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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
Burnetter James D -- None Available
Von Vonrohr -- --
Burnetter James -- --
Murray Craig -- None Available
Oliver Karen Elizabeth -- None Available
Ann Murray Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnetter James D $30,000
Closed Burnetter Rachel A $4,905
Open Burnetter Rachel A $201,000
Open Burnetter James $417,000
Closed Burnetter James --
Closed Burnetter James $217,265
Closed Burnetter James --
Closed Burnetter James D $217,265
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $228,700 -0.1% $119 / Sq Ft
02/15/2016 02/15/16 Price Changed $229,000 +1.8% $119 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
02/03/2016 02/03/16 Price Changed $224,900 -2.2% $117 / Sq Ft
10/06/2015 10/06/15 For Sale $229,900 -- $120 / 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 $5,053 $126,500 $31,600 $94,900
2023 $4,942 $126,500 $31,600 $94,900
2022 $4,899 $126,500 $31,600 $94,900
2021 $4,825 $126,500 $31,600 $94,900
2020 $4,752 $126,500 $31,600 $94,900
2019 $2,844 $126,500 $31,600 $94,900
2018 $4,627 $126,500 $31,600 $94,900
2017 $3,361 $126,500 $31,600 $94,900
2016 $4,592 $126,500 $31,600 $94,900
2015 -- $126,500 $31,600 $94,900
2014 -- $126,500 $31,600 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201521759

Global MLS

APN: 012601-041-012-0002-029-000-0000