NOT LISTED FOR SALE

721 State St Albany, NY 12203

Pine Hills Neighborhood

Estimated Value: $214,110 - $295,000

7 Beds
2 Baths
2,072 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2024

Last sale price $252,000 $122 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,571 / mo

164 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Albany High School Rated A-
  • Stone Countertops
  • 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 #10301208684 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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

1,742 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Dec 6, 2024
Sold by
Bought by
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
$248,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,472
Avg. Annual Appreciation
-0.82%
Original Mortgage
$189,000
Outstanding Balance
$184,143
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$64,385

Purchase Details

Closed on
Jun 6, 2005
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Pine Hills, NY

  • James Lyman Real Estate Agent - Field Realty

    James Lyman

    Responds Quickly

    Field Realty

    (518) 767-7528

    166 Total Sales

    1 in Pine Hills

    $232,000 Price

    James Lyman
     Section Image
  • Lisa Grassi Bender Real Estate Agent - Hunt ERA

    Lisa Grassi Bender

    Hunt ERA

    (518) 832-5528

    182 Total Sales

    1 in Pine Hills

    $285,000 Price

    Lisa Grassi Bender
     Section Image
  • Joseph Cardinale Real Estate Agent - Howard Hanna Capital Inc

    Joseph Cardinale

    Howard Hanna Capital Inc

    (518) 444-7525

    254 Total Sales

    4 in Pine Hills

    $260K - $330K Price Range

    Joseph Cardinale
     Section Image
  • Alison Holmes Real Estate Agent - Howard Hanna Capital Inc

    Alison Holmes

    Howard Hanna Capital Inc

    (518) 520-1654

    27 Total Sales

    2 in Pine Hills

    $232K - $272K Price Range

    Alison Holmes
     Section Image
  • Timothy See Real Estate Agent - Howard Hanna Capital Inc

    Timothy See

    Howard Hanna Capital Inc

    (838) 202-6975

    56 Total Sales

    1 in Pine Hills

    $350,000 Price

    Timothy See
     Section Image
  • Savita Hanspal Real Estate Agent - eXp Realty

    Savita Hanspal

    eXp Realty

    (848) 235-9319

    36 Total Sales

    1 in Pine Hills

    $350,000 Price

    Savita Hanspal
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$252,000 None Listed On Document
$133,000 George R Slingerland
$23,000 --
$66,002 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $189,000
Previous Owner $19,900
Previous Owner $99,700
Previous Owner $53,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,464 $89,500 $43,200 $46,300
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

  • David Schrepper Real Estate Agent - RE/MAX

    Seller's Agent in 2024

    David Schrepper

    RE/MAX

    (518) 330-4209

    20 in this area

    214 Total Sales

    David Schrepper
    Section Image
  • Jonathan Lanahan Real Estate Agent - RE/MAX

    Seller Co-Listing Agent in 2024

    Jonathan Lanahan

    RE/MAX

    (315) 749-8596

    12 in this area

    58 Total Sales

    Jonathan Lanahan
    Section Image
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Map

Source: Global MLS

MLS Number: 202416422

Global MLS

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

New York Albany County Albany 12203 Pine Hills

721 State St, Albany, NY

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.

Global MLS 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.



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