721 State St Albany, NY 12203
Pine Hills Neighborhood
7
Beds
2
Baths
2,072
Sq Ft
1,742
Sq Ft Lot
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 2024Cash 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
RE/MAX Solutions License #40SC1054070 Listed on: 05/02/2024
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,204
Avg. Annual Appreciation
5.88%
Original Mortgage
$189,000
Outstanding Balance
$188,020
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$72,919
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
Similar Homes in Albany, NY
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 | 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 | |
| Previous Owner | $53,250 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $3,993 | $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
-
David Schrepper
Seller's Agent in 2024
David Schrepper
RE/MAX
(518) 330-4209
13 in this area
185 Total Sales
-
Jonathan Lanahan
Seller Co-Listing Agent in 2024
Jonathan Lanahan
RE/MAX
(315) 749-8596
7 in this area
45 Total Sales
Map
Source: Global MLS
MLS Number: 202416422
APN: 010100-065-053-0003-015-000-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
Nearby Homes