Seller's Agent in 2022
Brian Kavanaugh
KW Platform
(518) 859-5048
2 in this area
20 Total Sales
77 Alexander St Albany, NY 12202
South End NeighborhoodEstimated Value: $275,000 - $319,000
5
Beds
3
Baths
1,980
Sq Ft
$147/Sq Ft
Est. Value
Highlights
- Active Adult
- Hot Water Heating System
- 1-minute walk to Elizabeth Street Park
- No HOA
About This Home
As of May 2022Fantastic investment opportunity! This 3 unit in the heart of Albany is in excellent condition and generating income with only two of the three apartments rented. The building was completely gutted with the 1st floor and 2nd floor apartments both completely renovated (2020). The 3rd unit, "Garden Apartment" is "roughed in," framed and ready to be finished. Front and rear egress per code for all units. New hard wired fire alarm system installed 2020! Floor plans have been approved and will transfer to new owner. Check out floor plans in photos. Just needs updated permits and you're ready to finish! The garden apartment would easily rent $1K + utilities when finished. Both occupied apartments are generating $1,400 monthly. Very Good Condition
Last Agent to Sell the Property
KW Platform License #10401317170 Listed on: 09/23/2021
Last Buyer's Agent
Christina Sutherland
Picket Fence Properties
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,000
Year Built
- Built in 1900
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 33x62.5
Parking
- Open Parking
Home Design
- Triplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Apartment Living Space in Basement
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
Community Details
- Active Adult
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Legal Lot and Block 27 / 1
- Assessor Parcel Number 010100 76.64-1-27
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2021
Closed on
Apr 25, 2022
Sold by
77 Alexander Hamilton Llc
Bought by
Mentore Dunford P
Seller's Agent
Brian Kavanaugh
KW Platform
Buyer's Agent
Christina Sutherland
Picket Fence Properties
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%
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
$81,000
Avg. Annual Appreciation
9.51%
Original Mortgage
$279,534
Outstanding Balance
$265,216
Interest Rate
5.11%
Mortgage Type
FHA
Estimated Equity
$25,784
Purchase Details
Closed on
Mar 19, 2019
Sold by
Albany County Land Bank Corporation
Bought by
77Alexander Hamilton Llc
Purchase Details
Closed on
Jan 25, 2019
Sold by
77 Alexander Street Llc
Bought by
Albany County Land Bank Corp
Purchase Details
Closed on
May 15, 2017
Sold by
The Albany County Land Bank Corp
Bought by
77 Alexander Street Llc
Purchase Details
Closed on
Feb 8, 2016
Sold by
The County Of Albany
Bought by
The Albany County Land Bank Corp
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mentore Dunford P | $210,000 | New Title Company Name | |
| 77Alexander Hamilton Llc | $8,000 | None Available | |
| Albany County Land Bank Corp | -- | None Available | |
| 77 Alexander Street Llc | $14,500 | None Available | |
| The Albany County Land Bank Corp | -- | None Available | |
| County Of Albany | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mentore Dunford P | $279,534 | |
| Closed | 77Alexander Hamilton Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/03/2022 05/03/22 | Sold | $210,000 | -4.1% | $106 / Sq Ft |
| 12/08/2021 12/08/21 | Pending | -- | -- | -- |
| 09/23/2021 09/23/21 | For Sale | $219,000 | -- | $111 / 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 | $8,184 | $189,000 | $37,800 | $151,200 |
| 2023 | $3,305 | $77,000 | $7,100 | $69,900 |
| 2022 | $2,313 | $77,000 | $7,100 | $69,900 |
| 2021 | $847 | $15,000 | $7,100 | $7,900 |
| 2020 | $1,023 | $15,000 | $7,100 | $7,900 |
| 2019 | $845 | $15,000 | $7,100 | $7,900 |
| 2018 | $826 | $15,000 | $7,100 | $7,900 |
| 2017 | $1,005 | $15,000 | $7,100 | $7,900 |
| 2016 | $1,005 | $15,000 | $7,100 | $7,900 |
| 2015 | $619 | $20,000 | $2,800 | $17,200 |
| 2014 | -- | $55,000 | $2,800 | $52,200 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Kavanaugh
-
C
Buyer's Agent in 2022
Christina Sutherland
Picket Fence Properties
Map
Source: Global MLS
MLS Number: 202129097
APN: 010100-076-064-0001-027-000-0000
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