NOT LISTED FOR SALE

Estimated Value: $231,000 - $280,000

3 Beds
3 Baths
5,000 Sq Ft
$52/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $195,000 $39 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,695/month

13 Days on Market

Highlights

  • Senior Community
  • Baseboard Heating
  • 5-minute walk to Franklin St. Park
  • No HOA

About This Home

As of April 2021

Three family investment in historic neighborhood of Albany, with views of downtown. Good condition, ready to rent. Two bedrooms apiece with bay windows, remodeled kitchens, full bath, a sizeable living space.

Last Agent to Sell the Property

Thomas Moore

Thomas P Moore License #10351210511 Listed on: 12/09/2020

Last Buyer's Agent

Christopher Schmid

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,200

Year Built

  • Built in 1875

Lot Details

  • Lot Dimensions are 25x86

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 5,000 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • Senior Community
  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 79 / 3
  • Assessor Parcel Number 010100 76.49-3-79

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,200

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1875
  • Directions: Downtown Albany, on Grant
  • Above Grade Finished Sq Ft: 5000.0
  • Architectural Style: Triplex
  • Lot Size: 25x86
  • Possession Possession Legacy: AT CLOSING
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • 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: Full
  • Living Area: 5000.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Brick
  • Waterfront: No
  • Construction Materials:Brick: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: 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 #: 010100 76.49-3-79

Tax Info

  • Tax Annual Amount: 6200.0
  • Tax Block: 3
  • Tax Lot: 79
  • Tax Tract: 76.49

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Jan 13, 2016
Sold by
The Bank Of New York Mellon
Bought by
Koleci Lorent
Seller's Agent
Todd Drake
Empire Real Estate Managment LLC
Buyer's Agent
Enkelejda Papa
KW Platform
List Price
$47,500
Sold Price
$51,000
Premium/Discount to List
$3,500
7.37%
Current Estimated Value
$258,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,000
Avg. Annual Appreciation
16.06%
Original Mortgage
$45,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2015
Sold by
Conrad Patricia A and Conrad Patricia
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 30, 2006
Sold by
Mcphillips Charles
Bought by
Conrad Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
5.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 17, 2006
Sold by
Mcphillips Charles and Mcphillips Francesca Panetta
Bought by
Conrad Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
5.87%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Koleci Lorent $51,000 Old Republic Natl Title Ins
The Bank Of New York Mellon $107,053 None Available
Conrad Patricia A $153,000 John P Hicks
Conrad Patricia $153,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albany Uptown Express Llc $167,000
Closed Azim Mohammad A $146,250
Closed Koleci Lorent $120,000
Closed Koleci Lorent $45,000
Previous Owner Conrad Patricia A $38,250
Previous Owner Conrad Patricia $107,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $195,000 -2.3% $39 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $199,500 +291.2% $40 / Sq Ft
01/21/2016 01/21/16 Sold $51,000 +7.4% $18 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $47,500 -- $17 / 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 $3,597 $196,000 $39,200 $156,800
2023 $1,019 $19,000 $6,200 $12,800
2022 $1,002 $19,000 $6,200 $12,800
2021 $1,001 $19,000 $6,200 $12,800
2020 $2,337 $19,000 $6,200 $12,800
2019 $748 $19,000 $6,200 $12,800
2018 $1,550 $19,000 $6,200 $12,800
2017 $1,121 $19,000 $6,200 $12,800
2016 $1,546 $19,000 $6,200 $12,800
2015 $6,119 $162,200 $32,400 $129,800
2014 -- $162,200 $32,400 $129,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202034222

Global MLS

APN: 010100-076-049-0003-079-000-0000