Seller's Agent in 2024
Joseph Cardinale
Howard Hanna Capital Inc
(518) 622-3715
3 in this area
282 Total Sales
708 State St Albany, NY 12203
Pine Hills NeighborhoodEstimated Value: $252,000 - $342,564
6
Beds
2
Baths
2,024
Sq Ft
$151/Sq Ft
Est. Value
Highlights
- Federal Architecture
- No HOA
- Bathroom on Main Level
- Solid Surface Countertops
- Double Pane Windows
- 2-minute walk to Beverwyck Park
About This Home
As of October 2024This 2 unit was completely renovated in 2022 including new furnace and central air units in each apartment. Currently 1st floor owner occupied second floor AirBNB with monthly average income of $2650. CAP Rate as AirBNB High Market 18.4% Low Market 14.4%. As Long Term Rentals High Market Cap Rate 11.1% Low Market Cap Rate 9.5% (see income expense Sheets) in 2022. The complete renovation included new electrical service, hot water heaters, kitchens and baths. This is a prime investment property or owner occupy one floor and let the other pay most of your mortgage. Check out the virtual tour!!!
Last Agent to Sell the Property
Howard Hanna Capital Inc License #10401290174 Listed on: 07/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,968
Year Built
- Built in 1920
Lot Details
- 2,614 Sq Ft Lot
- Back Yard Fenced
- Level Lot
Home Design
- Duplex
- Federal Architecture
- Built-Up Roof
- Vinyl Siding
Interior Spaces
- 2,024 Sq Ft Home
- Double Pane Windows
- Solid Surface Countertops
Flooring
- Carpet
- Linoleum
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Schools
- Albany High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 5.000 / 5
- Assessor Parcel Number 010100 65.61-5-5
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2024
Closed on
Oct 31, 2024
Sold by
Kohli Neha
Bought by
Kourouma Elhadj Y
Seller's Agent
Joseph Cardinale
Howard Hanna Capital Inc
Buyer's Agent
Medaiszjah Sims
Realty One Group Key
List Price
$300,000
Sold Price
$329,900
Premium/Discount to List
$29,900
9.97%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,759
Avg. Annual Appreciation
-6.51%
Original Mortgage
$323,040
Outstanding Balance
$319,139
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
-$12,998
Purchase Details
Closed on
Aug 23, 2023
Sold by
708 State St Llc
Bought by
Chambers Elaine
Purchase Details
Closed on
May 2, 2021
Sold by
708 State St Llc
Bought by
Kohli Neha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
2.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2019
Sold by
Noaln Ela and Noaln Ela Grace
Bought by
Vliet Homesales Llc
Purchase Details
Closed on
Jan 27, 2006
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
6.27%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kourouma Elhadj Y | -- | Stewart Title | |
| Kourouma Elhadj Y | -- | Stewart Title | |
| Chambers Elaine | $152,000 | None Listed On Document | |
| Kohli Neha | $270,000 | None Listed On Document | |
| Vliet Homesales Llc | $53,000 | None Available | |
| -- | $139,050 | -- | |
| Nolan Paul | $139,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kourouma Elhadj Y | $323,040 | |
| Closed | Kourouma Elhadj Y | $323,040 | |
| Previous Owner | Kohli Neha | $202,500 | |
| Previous Owner | Nolan Paul | $104,250 | |
| Previous Owner | -- | $20,895 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $329,900 | +4.7% | $163 / Sq Ft | |
| 08/22/2024 08/22/24 | Pending | -- | -- | -- | |
| 08/05/2024 08/05/24 | Price Changed | $315,000 | +5.0% | $156 / Sq Ft | |
| 07/17/2024 07/17/24 | For Sale | $300,000 | 0.0% | $148 / Sq Ft | |
| 08/02/2022 08/02/22 | Rented | $9,000 | +350.0% | -- | |
| 08/01/2022 08/01/22 | Under Contract | -- | -- | -- | |
| 07/13/2022 07/13/22 | For Rent | $2,000 | 0.0% | -- | |
| 05/02/2022 05/02/22 | Sold | $270,000 | 0.0% | $133 / Sq Ft | View Prior Sale |
| 03/04/2022 03/04/22 | For Sale | $269,900 | 0.0% | $133 / Sq Ft | |
| 03/01/2022 03/01/22 | Pending | -- | -- | -- | |
| 02/25/2022 02/25/22 | For Sale | $269,900 | -- | $133 / Sq Ft |
Source: Global MLS
Tax History Compared to Growth
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 | $7,351 | $281,000 | $42,400 | $238,600 |
| 2023 | $8,931 | $222,000 | $21,300 | $200,700 |
| 2022 | $1,144 | $25,000 | $21,300 | $3,700 |
| 2021 | $1,141 | $25,000 | $21,300 | $3,700 |
| 2020 | $1,167 | $25,000 | $21,300 | $3,700 |
| 2019 | $984 | $25,000 | $21,300 | $3,700 |
| 2018 | $1,194 | $25,000 | $21,300 | $3,700 |
| 2017 | $1,353 | $25,000 | $21,300 | $3,700 |
| 2016 | $1,912 | $25,000 | $21,300 | $3,700 |
| 2015 | $2,636 | $50,000 | $29,500 | $20,500 |
| 2014 | -- | $50,000 | $29,500 | $20,500 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Cardinale
-
Medaiszjah Sims
M
Buyer's Agent in 2024
Medaiszjah Sims
Realty One Group Key
(518) 417-0397
1 in this area
13 Total Sales
-
Joseph Frith
Seller's Agent in 2022
Joseph Frith
Coldwell Banker Prime Properties
(518) 852-9496
2 in this area
206 Total Sales
-
Christine Frith
Seller Co-Listing Agent in 2022
Christine Frith
Coldwell Banker Prime Properties
(518) 928-9923
2 in this area
232 Total Sales
Map
Source: Global MLS
MLS Number: 202421527
APN: 010100-065-061-0005-005-000-0000
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