$252,000
SOLD DEC 6, 2024
7 Beds
2 Baths
2,072 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$122 Per Sq Ft

10% Below List Price

164 Days on Market

Highlights

  • Traditional Architecture
  • Stone Countertops
  • Bathroom on Main Level
  • Wood Flooring
  • No HOA
  • 1-minute walk to Beverwyck Park

About This Home

As of December 2024

Cash Flowing 2 family located in a very strong student rental area. Updates throughout, and near public transportation, minutes from Ualbany's downtown campus, Albany med and downtown Albany. Can be packaged with a variety of 9 other nearby rental properties.

Last Agent to Sell the Property

David Schrepper

RE/MAX Solutions License #40SC1054070 Listed on: 05/02/2024

RE/MAX Solutions

Co-Listed By

Jonathan Lanahan

RE/MAX Solutions License #10401298349

RE/MAX Solutions

Last Buyer's Agent

Jonathan Lanahan

RE/MAX Solutions License #10401298349

RE/MAX Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,757

Year Built

  • Built in 1929

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 25x75
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 2,072 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stone Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Philip J. Schuyler Achievement Elementary School
  • Albany High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Insurance Expense $1,400

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity, gas
  • The owner pays for trash collection, sewer, water
  • Legal Lot and Block 15 / 3
  • Assessor Parcel Number 010100 65.53-3-15

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,757

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Zoning: Multi Residence
  • Year Built: 1929
  • Directions: WESTERN TO QUAIL(TOWARD WASHINGTON)LEFT ON STATE HOUSE ON RIGHT
  • Above Grade Finished Sq Ft: 2072.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 2611.28
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4146.18
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.04
  • Lot Size: 25x75
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Insurance Expense Description: Actual
  • Income And Expenses Maintenance Expense: 2000.0
  • Water Sewer Expense Description: Estimated
  • Rental Income: 3040.0
  • Rental Income Description: Estimated
  • Income: 36480.0
  • Income Description: annual
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Co List Office Mls Id: o2834B
  • Co List Office Phone: 518-720-3400
  • Flooring:Wood: Yes
  • Flooring:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Architectural Style:Traditional: Yes
  • Levels Two: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Tile, Wood
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Living Area: 2072.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Sewer, Water
  • Full Basement: Yes
  • Attic Features:Hatch: Yes
  • Interior Features:Stone Countertops: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Heating: Hot Water, Natural Gas
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Water Sewer Expense: 1000.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 65.53-3-15
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1400.0
  • Maintenance Expense: 2000.0

Tax Info

  • Tax Annual Amount: 6757.46
  • Tax Block: 3
  • Tax Lot: 15

MLS Schools

  • Elementary School: Philip J. Schuyler Achievement
  • HighSchool: Albany

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Dec 6, 2024
Sold by
Ontario St And State St Llc and 721 State Street Llc
Bought by
Ghani Ataul and Ahmed Shimiin
Seller's Agent
David Schrepper
RE/MAX Solutions
Buyer's Agent
Jonathan Lanahan
RE/MAX Solutions
List Price
$279,900
Sold Price
$252,000
Premium/Discount to List
-$27,900
-9.97%
Views
174
Current Estimated Value
$237,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,989
Avg. Annual Appreciation
-6.01%
Original Mortgage
$189,000
Outstanding Balance
$186,764
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$50,247

Purchase Details

Closed on
Jun 6, 2005
Sold by
Pine Hills Properties Llc
Bought by
Maringo Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,900
Interest Rate
5.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 18, 1996

Purchase Details

Closed on
Dec 8, 1995
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 Type Sale Price Title Company
Warranty Deed $252,000 None Listed On Document
Warranty Deed $133,000 George R Slingerland
Warranty Deed $23,000 --
Warranty Deed $66,002 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $189,000 New Conventional
Previous Owner $19,900 Stand Alone Second
Previous Owner $99,700 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $252,000 -10.0% $122 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $279,900 -- $135 / 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 $2,464 $89,500 $43,200 $46,300
2023 $6,251 $154,000 $30,800 $123,200
2022 $6,115 $154,000 $30,800 $123,200
2021 $6,102 $154,000 $30,800 $123,200
2020 $5,852 $154,000 $30,800 $123,200
2019 $6,063 $154,000 $30,800 $123,200
2018 $5,857 $154,000 $30,800 $123,200
2017 $2,491 $154,000 $30,800 $123,200
2016 $5,936 $154,000 $30,800 $123,200
2015 $5,539 $150,600 $30,100 $120,500
2014 -- $150,600 $30,100 $120,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202416422

Global MLS

APN: 010100-065-053-0003-015-000-0000