NOT LISTED FOR SALE

88 Madison Ave Albany, NY 12202

Estimated Value: $193,000 - $362,000

5 Beds
4 Baths
3,462 Sq Ft
$79/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $233,000 $67 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,845/month

42 Days on Market

Highlights

  • Finished Attic
  • No HOA
  • Level Lot
  • Full Attic
  • Baseboard Heating
  • 1-minute walk to Franklin St. Park

About This Home

As of November 2018

Open House 9/15 11-1pm! Beautiful 2 ½ story Brick Row Home w/ two spacious apartments, finished attic & finished basement. Hardwoods & granite/ceramic tile flooring throughout. Private parking spaces in back. Gated courtyard w/ upper & lower decks & separate entrances. New windows, gutters and roof. Excellently maintained and updated throughout w/ quality craftsmanship. A perfect owner occupied home w/ great rental income! Conveniently located to Empire State Plaza & all downtown Albany has to offer. Excellent Condition

Last Agent to Sell the Property

Luke Khachadourian

KW Platform License #10301219050 Listed on: 08/14/2018

KW Platform

Last Buyer's Agent

Nicholas Khachadourian

KW Platform License #10401305182

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,577

Year Built

  • Built in 1815

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt

Interior Spaces

  • 3,462 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Attic

  • Full Attic
  • Finished Attic

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 3
  • Assessor Parcel Number 010100 76-3-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,577

Year Built

Built in 1815

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Accessibility: Accessible Sidewalks
  • Year Built: 1815
  • Directions: bottom of the hill on Madison ave across from McDonald's
  • Above Grade Finished Sq Ft: 3462.0
  • Financial Details General Taxes: 2148.0
  • Financial Details School Taxes: 3429.0
  • Lot Size Acres: 0.05
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Possession Possession Legacy: closing
  • Sale Detail Seller Contribution: No
  • Laundry Features:Main Level: Yes
  • Percent Basement Finished: Yes
  • Laundry Features:Laundry Closet: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Living Area: 3462.0
  • Full Basement: Yes
  • Attic Features:Finished2: Yes
  • Attic Features:Walk-Up: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Accessibility Features:Accessible Sidewalks: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Electric, Hot Water, Natural Gas
  • Laundry Features: Laundry Closet, Main Level
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 76-3-4
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5577.0
  • Tax Block: 3
  • Tax Lot: 4
  • Tax Tract: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
88 Estate Llc
Bought by
Heron Lfty0314 Dao Llc
Current Estimated Value
$256,883

Purchase Details

Closed on
Apr 13, 2021
Sold by
Co Earl V
Bought by
88 Estate Llc

Purchase Details

Closed on
Mar 11, 2021
Sold by
Vandyke Gladys
Bought by
88 Estate Llc

Purchase Details

Closed on
Mar 23, 2006
Sold by
Armitage Joseph B
Bought by
Fremd Grazyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,980
Interest Rate
8.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 1999
Sold by
Rogers Susan E
Bought by
Armitage Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,956
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 1999
Sold by
Brindle Judith A
Bought by
Rogers Susan E
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Heron Lfty0314 Dao Llc -- First Title & Escrow
88 Estate Llc -- None Available
88 Estate Llc $194,000 Chicago Title Insurance Co
Fremd Grazyna $167,480 John J Doherty
Fremd Grazyna E $167,500 None Available
Armitage Joseph B $85,000 --
Rogers Susan E $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Co Earl V $207,570
Previous Owner Fremd Grazyna E $2,628
Previous Owner Fremd Grazyna E $133,980
Previous Owner Fremd Grazyna $33,495
Previous Owner Fremd Grazyna E $133,980
Previous Owner Armitage Joseph B $84,956
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $233,000 -6.4% $67 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $249,000 -- $72 / 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 $5,250 $177,000 $35,400 $141,600
2023 $6,014 $148,000 $29,600 $118,400
2022 $5,884 $148,000 $29,600 $118,400
2021 $5,871 $148,000 $29,600 $118,400
2020 $5,889 $148,000 $29,600 $118,400
2019 $5,827 $148,000 $29,600 $118,400
2018 $5,629 $148,000 $29,600 $118,400
2017 $3,310 $148,000 $29,600 $118,400
2016 $5,459 $148,000 $29,600 $118,400
2015 $5,872 $160,000 $41,400 $118,600
2014 -- $160,000 $41,400 $118,600
Source: Public Records

Agents Affiliated with this Home

  • Luke Khachadourian

    Seller's Agent in 2018

    Luke Khachadourian

    KW Platform

    (518) 724-5800

    141 Total Sales

    Section Image
  • Nicholas Khachadourian

    Buyer's Agent in 2018

    Nicholas Khachadourian

    KW Platform

    (518) 649-2989

    81 Total Sales

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Map

Source: Global MLS

MLS Number: 201826785

Global MLS

APN: 010100-076-050-0003-004-000-0000

New York Albany County Albany 12202

88 Madison Ave, Albany, NY

This home is located at 88 Madison Ave, Albany, NY 12202 since 14 August 2018 and is currently estimated at $272,348, approximately $78 per square foot. This property was built in 1815. 88 Madison Ave is a home located in Albany County with nearby schools including Giffen Memorial Elementary School, Stephen And Harriet Myers Middle School, and Albany High School.

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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