NOT LISTED FOR SALE

706 Myrtle Ave Albany, NY 12208

Pine Hills Neighborhood

Estimated Value: $335,000 - $449,000

5 Beds
3 Baths
2,600 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $259,000 $100 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,693/month

9 Days on Market

Highlights

  • Active Adult
  • Hot Water Heating System
  • 2-minute walk to Ridgefield Park
  • No HOA

About This Home

As of January 2021

1st floor is a large 3 br apt with big bedrooms and hardwood throuhgout, tile bath and updated kitchen cabinets. The 1st floor vacant and should rent for $1300-$1500. The 2nd floor is a very well kepy 1 br and 2 br apt. Both with refinished hardwood floors throughout. Tenants pay the utilities. Owner is a licensed broker

Last Agent to Sell the Property

Bill Hamel

Hamel Real Estate LLC License #10491202367 Listed on: 10/14/2020

Last Buyer's Agent

Nate Monson

Miuccio Real Estate Group License #10401314028

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,650

Year Built

  • Built in 1910

Lot Details

  • 3,920

Home Design

  • 2,600 Sq Ft Home
  • Clapboard

Parking

  • 1 Parking Space
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Additional Features

  • Unfinished Basement

Community Details

  • Active Adult
  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 19 / 3
  • Assessor Parcel Number 010000 64.76-3-19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,650

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1910
  • Directions: Main Ave to Myrtle
  • Above Grade Finished Sq Ft: 2600.0
  • Architectural Style: Other, See Remarks
  • Lot Size: .1
  • Parking Features Parking Total: 1.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: Other~See Remarks
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number of Separate Water Meters: 1
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Special Features: None

Interior Features

  • Basement: Unfinished, Other
  • Living Area: 2600.0
  • Basement:Unfinished: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes

Exterior Features

  • Construction Type: Clapboard
  • Waterfront: No
  • Construction Materials:Clapboard2: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Total Parking Spaces: 1.0
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010000 64.76-3-19

Tax Info

  • Tax Annual Amount: 4650.0
  • Tax Block: 3
  • Tax Lot: 19

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Jan 13, 2021
Sold by
Hamel & Harris Llc
Bought by
Lubin James Patrick
Seller's Agent
Bill Hamel
Hamel Real Estate LLC
Buyer's Agent
Nate Monson
Miuccio Real Estate Group
List Price
$260,000
Sold Price
$259,000
Premium/Discount to List
-$1,000
-0.38%
Current Estimated Value
$388,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,472
Avg. Annual Appreciation
8.61%
Original Mortgage
$192,000
Outstanding Balance
$171,240
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$217,232
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
Lubin James Patrick $256,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lubin James Patrick $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $259,000 -0.4% $100 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $260,000 0.0% $100 / Sq Ft
10/01/2018 10/01/18 Rented $1,100 0.0% --
08/23/2018 08/23/18 Price Changed $1,100 -8.3% $0 / Sq Ft
08/07/2018 08/07/18 For Rent $1,200 -- --
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 $7,875 $298,000 $59,600 $238,400
2023 $5,158 $124,000 $24,800 $99,200
2022 $5,049 $124,000 $24,800 $99,200
2021 $5,038 $124,000 $24,800 $99,200
2020 $4,705 $124,000 $24,800 $99,200
2019 $4,486 $124,000 $24,800 $99,200
2018 $4,716 $124,000 $24,800 $99,200
2017 $2,774 $124,000 $24,800 $99,200
2016 $4,574 $124,000 $24,800 $99,200
2015 $4,353 $118,600 $23,700 $94,900
2014 -- $118,600 $23,700 $94,900
Source: Public Records

Agents Affiliated with this Home

  • Bill Hamel

    Seller's Agent in 2021

    Bill Hamel

    Hamel Real Estate LLC

    (518) 857-9251

    8 in this area

    29 Total Sales

    Bill Hamel
    Section Image
  • Nate Monson

    Buyer's Agent in 2021

    Nate Monson

    Miuccio Real Estate Group

    (518) 653-5983

    16 in this area

    96 Total Sales

    Nate Monson
    Section Image
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Map

Source: Global MLS

MLS Number: 202030833

Global MLS

APN: 010100-064-076-0003-019-000-0000

New York Albany County Albany 12208 Pine Hills

706 Myrtle Ave, Albany, NY

Not Listed for Sale

MultiFamily

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