NOT LISTED FOR SALE

72 Morton Ave Albany, NY 12202

South End Neighborhood

Estimated Value: $266,000 - $273,000

6 Beds
3 Baths
2,835 Sq Ft
$95/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $125,000 $44 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,720/month

22 Days on Market

Highlights

  • Active Adult
  • Landscaped
  • 4-minute walk to Elizabeth Street Park
  • No HOA
  • Baseboard Heating

About This Home

As of December 2018

This property has been renovated and has some long-term tenants. It is conveniently located on a busline, is walking distance to the state office buildings, parks, and museum. It is very close to the hospitals, 787, and NYS Thruway. This is a great opportunity to buy and make money right away! Very Good Condition

Last Agent to Sell the Property

Latasha Gardner

Berkshire Hathaway Home Services Blake Listed on: 07/19/2018

Last Buyer's Agent

non-member non member

NON MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1870

Lot Details

  • Landscaped

Home Design

  • Triplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,835 Sq Ft Home
  • Apartment Living Space in Basement

Utilities

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

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • The owner pays for trash collection, sewer, water
  • Legal Lot and Block 11 / 2
  • Assessor Parcel Number 010100 76.56-2-11

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,305

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1870
  • Directions: 787 south to Madison Ave exit. Make left at light, bear right then right on Rensselaer. Continue through light over S. Pearl, turns into Morton Ave.
  • Above Grade Finished Sq Ft: 2835.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 891.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1414.0
  • School Taxes Description: Estimated
  • Lot Size: 1386 sf
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Electric Expense Description: Tenant
  • Water Sewer Expense Description: Estimated
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Subdivision Name: South End
  • Special Features: None

Interior Features

  • Basement: Apartment
  • Living Area: 2835.0
  • Owner Pays: Trash Collection, Sewer, Water
  • Basement:Apartment: Yes

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Brick: Yes

Utilities

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

  • Lot Features: Landscaped
  • Parcel #: 010100 76.56-2-11

Tax Info

  • Tax Annual Amount: 2305.0
  • Tax Block: 2
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
72 Morton Ave Llc
Bought by
Gallo Michael P and Raspanti Michael R
Current Estimated Value
$268,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Outstanding Balance
$102,417
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$166,250

Purchase Details

Closed on
Jun 24, 2012
Sold by
Dowdell Julia and Jenkins Julia
Bought by
Ce Bon Property Developers Inc
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
Gallo Michael P $143,000 Stewart Title
Ce Bon Property Developers Inc $15,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallo Michael P $107,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $125,000 -3.8% $44 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $130,000 -- $46 / 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 $3,655 $127,000 $25,400 $101,600
2023 $2,675 $61,000 $12,200 $48,800
2022 $2,621 $61,000 $12,200 $48,800
2021 $2,616 $61,000 $12,200 $48,800
2020 $2,314 $61,000 $12,200 $48,800
2019 $2,215 $61,000 $12,200 $48,800
2018 $3,118 $61,000 $12,200 $48,800
2017 $1,364 $61,000 $12,200 $48,800
2016 $2,505 $61,000 $12,200 $48,800
2015 $2,162 $58,900 $11,800 $47,100
2014 -- $58,900 $11,800 $47,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Latasha Gardner

    Berkshire Hathaway Home Services Blake

  • n

    Buyer's Agent in 2018

    non-member non member

    NON MLS OFFICE

See All Agents

Map

Source: Global MLS

MLS Number: 201824780

Global MLS

APN: 010100-076-056-0002-011-000-0000

New York Albany County Albany 12202 South End

72 Morton Ave, Albany, NY

Not Listed for Sale

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Information is deemed reliable but not guaranteed.



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