NOT LISTED FOR SALE

71 Lexington Ave Albany, NY 12206

West Hill Neighborhood

Estimated Value: $165,000 - $193,000

4 Beds
2 Baths
2,136 Sq Ft
$83/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $120,000 $56 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,224/month

133 Days on Market

Highlights

  • Downtown View
  • Wood Flooring
  • Double Pane Windows
  • 0.15 Acre Lot
  • No HOA
  • Laundry Room

About This Home

As of July 2024

Nice Investment property here in historic downtown Albany, Both units are occupied with long term tenants, on a month-month bases. great investment or residence close to everything in downtown Albany and close to bus route and amenities.

Last Agent to Sell the Property

Michael Byerwalters

KW Platform License #10401363234 Listed on: 11/29/2023

KW Platform

Last Buyer's Agent

Kevin Boutot

Realty One Group Key License #10401348379

Realty One Group Key

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,885

Year Built

  • Built in 1890

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Duplex
  • Flat Roof Shape
  • Block Foundation
  • Rubber Roof
  • Aluminum Siding

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Downtown Views
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Albany High School

Utilities

  • Radiant Heating System
  • 150 Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, heat, cable TV, electricity, gas
  • Assessor Parcel Number 65.63-5-19 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,885

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Directions: I-90 exit 6 to clinton ave take right and go 4 blocks to left on Lexington ave 2 blocks down on right is Listing
  • Above Grade Finished Sq Ft: 2136.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details General Taxes: 3492.63
  • General Taxes Description: Estimated
  • Lot Size Acres: 0.15
  • Sale Detail Seller Contribution: No
  • Rental Income: 14500.0
  • Rental Income Description: Yearly
  • Flooring:Carpet: Yes
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Vinyl: Yes
  • Foundation Details:Block2: Yes
  • View:Downtown: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Ceramic Tile, Hardwood
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2136.0
  • Window Features: Double Pane Windows
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Basement:Partial: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat, Rubber
  • Construction Type: Aluminum Siding
  • Fencing: Back Yard
  • Foundation Details: Block
  • View: Downtown
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Window Features:Double Pane Windows2: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Electric: 150 Amp Service
  • Heating: Radiant
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 65.63-5-19 01
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 3885.0

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jul 1, 2024
Sold by
Goodman Gary and Goodman Elyse
Bought by
71 Lexington Holdings Llc
Seller's Agent
Michael Byerwalters
KW Platform
Buyer's Agent
Kevin Boutot
Realty One Group Key
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Views
185
Current Estimated Value
$177,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,473
Avg. Annual Appreciation
32.52%
Original Mortgage
$96,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 1997
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
71 Lexington Holdings Llc $120,000 Saratoga Abstract
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 71 Lexington Holdings Llc $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2024 07/05/24 Sold $120,000 -7.6% $56 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
11/29/2023 11/29/23 For Sale $129,900 -- $61 / 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 $3,483 $119,000 $23,800 $95,200
2023 $3,570 $86,000 $17,200 $68,800
2022 $3,495 $86,000 $17,200 $68,800
2021 $3,487 $86,000 $17,200 $68,800
2020 $3,341 $86,000 $17,200 $68,800
2019 $3,386 $86,000 $17,200 $68,800
2018 $3,271 $86,000 $17,200 $68,800
2017 $1,248 $86,000 $17,200 $68,800
2016 $3,172 $86,000 $17,200 $68,800
2015 $3,186 $86,800 $17,400 $69,400
2014 -- $86,800 $17,400 $69,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michael Byerwalters

    KW Platform

    Section Image
  • Kevin Boutot

    Buyer's Agent in 2024

    Kevin Boutot

    Realty One Group Key

    (518) 212-9266

    17 in this area

    56 Total Sales

    Kevin Boutot
    Section Image
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Map

Source: Global MLS

MLS Number: 202328869

Global MLS

APN: 010100-065-063-0005-019-000-0000

New York Albany County Albany 12206 West Hill

71 Lexington Ave, Albany, NY

Not Listed for Sale

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