R
Seller's Agent in 2016
Richard Ferro
Berkshire Hathaway Home Services Blake
773 Madison Ave Albany, NY 12208
Pine Hills NeighborhoodEstimated Value: $1,228,404
--
Bed
10
Baths
9,168
Sq Ft
$134/Sq Ft
Est. Value
Highlights
- Senior Community
- Corner Lot
- Forced Air Heating and Cooling System
- 0.26 Acre Lot
- No HOA
- 4-minute walk to Madison Avenue Park
About This Home
As of February 2016Two brick faced properties that have undergone extensive renovations with many upgrades to systems and materials. Superlative rental income stream augmented by rental income for office on the first floor of 773 Madison - $1,200/month, included in financials. Off-street parking for 11 cars a major plus for this area of Albany. All showings must be scheduled through LBO - weekdays only. Excellent Condition
Last Agent to Sell the Property
Richard Ferro
Berkshire Hathaway Home Services Blake License #10311205240 Listed on: 10/23/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,206
Year Built
- Built in 1902
Lot Details
- 0.26 Acre Lot
- Corner Lot
Parking
- 11 Parking Spaces
Home Design
- Brick Exterior Construction
- Asphalt
Interior Spaces
- 9,168 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Electric Baseboard Heater
Community Details
- Senior Community
- No Home Owners Association
Listing and Financial Details
- The owner pays for heat
- Legal Lot and Block 70/71 / 1
- Assessor Parcel Number 010100 65.69-1-70/71
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2015
Closed on
Feb 19, 2016
Sold by
Madison Avenue One Llc
Bought by
Madison Avenue Enterprise Llc
Seller's Agent
Richard Ferro
Berkshire Hathaway Home Services Blake
Buyer's Agent
Rosemarie Durant
Coldwell Banker Prime Properties
List Price
$1,063,000
Sold Price
$960,000
Premium/Discount to List
-$103,000
-9.69%
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
$268,404
Avg. Annual Appreciation
2.61%
Original Mortgage
$248,000
Interest Rate
3.92%
Mortgage Type
Commercial
Purchase Details
Closed on
May 8, 2008
Sold by
Sarraf Harris M
Bought by
Madison Ave One Llc
Purchase Details
Closed on
May 23, 2007
Sold by
Thompson Kevin Whitney
Bought by
Sarraf Harris M David M
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 |
|---|---|---|---|
| Madison Avenue Enterprise Llc | $650,000 | None Available | |
| Madison Ave One Llc | -- | Bruce S Trachtenberg | |
| Madison Avenue One Llc | -- | Salvo Title Inc | |
| Sarraf Harris M David M | $440,000 | Bruce S Trachtenberg |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Madison Avenue Enterprise Llc | $94,740 | |
| Open | Madison Avenue Enterprise Llc | $520,000 | |
| Closed | Madison Avenue Enterprise Llc | $248,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2016 02/02/16 | Sold | $960,000 | -9.7% | $105 / Sq Ft |
| 11/25/2015 11/25/15 | Pending | -- | -- | -- |
| 10/22/2015 10/22/15 | For Sale | $1,063,000 | -- | $116 / 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 | $16,372 | $464,000 | $36,000 | $428,000 |
| 2023 | $17,817 | $360,000 | $24,900 | $335,100 |
| 2022 | $18,227 | $360,000 | $24,900 | $335,100 |
| 2021 | $17,804 | $360,000 | $24,900 | $335,100 |
| 2020 | $17,324 | $360,000 | $24,900 | $335,100 |
| 2019 | $14,173 | $360,000 | $24,900 | $335,100 |
| 2018 | $16,466 | $360,000 | $24,900 | $335,100 |
| 2017 | $8,052 | $360,000 | $24,900 | $335,100 |
| 2016 | $13,278 | $360,000 | $24,900 | $335,100 |
| 2015 | $13,763 | $375,000 | $11,900 | $363,100 |
| 2014 | -- | $375,000 | $11,900 | $363,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Rosemarie Durant
R
Buyer's Agent in 2016
Rosemarie Durant
Coldwell Banker Prime Properties
(518) 368-1444
4 in this area
146 Total Sales
Map
Source: Global MLS
MLS Number: 201522966
APN: 010100-065-069-0001-070-000-0000
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