NOT LISTED FOR SALE

918 Myrtle Ave Albany, NY 12208

Pine Hills Neighborhood

Estimated Value: $252,185 - $349,000

2 Beds
2 Baths
2,114 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $285,000 $135 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,021/month

2 Days on Market

Highlights

  • Deck
  • No HOA
  • 2 Car Detached Garage
  • Marble Flooring
  • Covered Patio or Porch
  • Display Windows

About This Home

As of May 2023

Open House on Sunday 3/12 from 12:30-2PM. Charming 2 unit, separately metered, high income property that offers up to 6 parking spaces that includes a 2 car garage, in a prime Pine Hills location. Minutes to Albany Med/Pharmacy/Law & St. Rose. The 1st Fl. kitchen has been redone w/new flooring, granite, sink, ceramic tiled backsplash & the bedroom offers his & her closets. Features: large front porch, side deck/porch, hardwood Fl's, crown molding, curved bay window, pocket door, ceramic tile & marble baths w/ newer vanities & toilets. Generous living rooms & eat-in kitchens. The 1st Fl. rent is $1,600 & the long-term tenant on the 2nd Fl. rent is $1,000. Shared laundry in the basement. List of approx. $45,000 in upgrades, floor plans, & walk through/aerial videos are attached to the MLS.

Last Agent to Sell the Property

Melissa Hems

Crystal Coleman Realty LLC License #10401215159 Listed on: 03/10/2023

Crystal Coleman Realty LLC

Last Buyer's Agent

David Schrepper

RE/MAX Solutions License #40SC1054070

RE/MAX Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,590

Year Built

  • Built in 1907

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50.5 x 81.2
  • Property fronts a private road
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Asphalt

Interior Spaces

  • 2,114 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Paddle Fans
  • Wood Burning Fireplace
  • Display Windows
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Marble
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Albany High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for sewer, hot water, heat, electricity, gas
  • The owner pays for trash collection, sewer, management, water
  • Legal Lot and Block 48 / 2
  • Assessor Parcel Number 64.58-2-48

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Insurance Expense $768
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,590

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1907
  • Directions: Western Ave to South Manning, left onto Myrtle. House will be on Right.
  • Above Grade Finished Sq Ft: 2114.0
  • Financial Details General Taxes: 3170.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 4420.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.09
  • Lot Size: 50.5 X 81.2
  • New Construction: No
  • Parking Features Parking Total: 3.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Insurance Expense Description: Estimated
  • Income And Expenses Maintenance Expense: 2114.0
  • Income And Expenses Miscellaneous Expense: 3120.0
  • Rental Income: 31200.0
  • Rental Income Description: Actual
  • Income: 31200.0
  • Income Description: Actual
  • Flooring:Carpet: Yes
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Vinyl: Yes
  • Fencing:Fenced: Yes
  • Laundry Features:In Basement: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Electric:Circuit Breakers: Yes
  • Fencing:Partial2: Yes
  • Levels Two: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Carpet, Ceramic Tile, Hardwood, Linoleum, Marble
  • Basement: Full, Unfinished
  • Interior Amenities: Paddle Fan, Built-in Features, Ceramic Tile Bath, Chair Rail, Crown Molding
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Living Room
  • Fireplaces: 1
  • Living Area: 2114.0
  • Window Features: Display Window(s)
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Sewer, Management, Water
  • Fireplace: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Paddle Fan: Yes
  • Full Basement: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Attic Features:None16: Yes
  • Interior Features:Chair Rail: Yes
  • Interior Features:Crown Molding: Yes
  • Basement:Unfinished: Yes
  • Interior Features:Built-in Features: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Shingle, Asphalt
  • Construction Type: Wood Siding
  • Fencing: Back Yard, Fenced, Partial
  • Foundation Details: Other, Concrete Perimeter
  • Other Structures: Garage(s)
  • Patio And Porch Features: Side Porch, Covered, Deck, Front Porch
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Lot Features:Road Frontage: Yes
  • Lot Features:Cleared: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Side Porch: Yes
  • Window Features:Display Window(s)2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved, Detached, Garage, Garage Door Opener
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 3.0
  • Property Detail:Garage Spaces: 2.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service, Circuit Breakers
  • Heating: Baseboard, Hot Water, Natural Gas
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s), Fire Alarm
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: 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 1 Amenities:Built-in Features4: Yes
  • Unit 1 Amenities:Crown Molding2: Yes
  • Unit 2 Amenities:Crown Molding3: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes
  • Unit 1 Amenities:Chair Rail2: Yes
  • Unit 1 Amenities:Fireplace Insert2: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Land Lease: No
  • Lot Features: Level, Road Frontage, Cleared
  • Parcel #: 64.58-2-48
  • Lot Size Sq Ft: 3920.4

Rental Info

  • Tenant Pays: Sewer, Hot Water, Heat, Electricity, Gas

Multi Family

  • Insurance Expense: 768.0
  • Number Of Units Total: 2
  • Maintenance Expense: 2114.0

Tax Info

  • Tax Annual Amount: 7590.0
  • Tax Block: 2
  • Tax Lot: 48

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
May 8, 2023
Sold by
Livingston Project Llc
Bought by
Recio Javier Mercado
Seller's Agent
Melissa Hems
Crystal Coleman Realty LLC
Buyer's Agent
David Schrepper
RE/MAX Solutions
List Price
$259,900
Sold Price
$285,000
Premium/Discount to List
$25,100
9.66%
Views
254
Current Estimated Value
$303,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,796
Avg. Annual Appreciation
2.50%
Original Mortgage
$213,750
Outstanding Balance
$207,686
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$96,110

Purchase Details

Listed on
Aug 5, 2021
Closed on
Jan 24, 2022
Sold by
Fiato Gayle M
Bought by
Livingston Project Llc
Seller's Agent
don Moore
Albany Realty Group LLC
Buyer's Agent
Jeffrey Buenau
KW Platform
List Price
$198,000
Sold Price
$186,500
Premium/Discount to List
-$11,500
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.28%
Original Mortgage
$144,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2020
Sold by
Fiato Gayle M and Tolar Family Trust
Bought by
Fiato Gayle M

Purchase Details

Closed on
Jan 25, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Recio Javier Mercado $285,000 Chicago Title
Livingston Project Llc $186,500 None Listed On Document
Fiato Gayle M -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Recio Javier Mercado $213,750
Previous Owner Livingston Project Llc $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2023 05/08/23 Sold $285,000 +9.7% $135 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $259,900 +39.4% $123 / Sq Ft
01/24/2022 01/24/22 Sold $186,500 -5.8% $88 / Sq Ft View Prior Sale
10/12/2021 10/12/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $198,000 0.0% $94 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/14/2021 09/14/21 Price Changed $198,000 -5.7% $94 / Sq Ft
08/05/2021 08/05/21 For Sale $210,000 -- $99 / 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 $5,080 $192,000 $38,400 $153,600
2023 $7,551 $187,000 $37,400 $149,600
2022 $7,387 $187,000 $37,400 $149,600
2021 $7,371 $187,000 $37,400 $149,600
2020 $5,895 $187,000 $37,400 $149,600
2019 $2,037 $187,000 $37,400 $149,600
2018 $2,186 $187,000 $37,400 $149,600
2017 $1,357 $187,000 $37,400 $149,600
2016 $2,132 $187,000 $37,400 $149,600
2015 $1,917 $174,800 $35,000 $139,800
2014 -- $174,800 $35,000 $139,800
Source: Public Records

Agents Affiliated with this Home

  • Melissa Hems

    Seller's Agent in 2023

    Melissa Hems

    Crystal Coleman Realty LLC

    (518) 951-0411

    7 in this area

    206 Total Sales

    Melissa Hems
    Section Image
  • David Schrepper

    Buyer's Agent in 2023

    David Schrepper

    RE/MAX

    (518) 330-4209

    15 in this area

    187 Total Sales

    David Schrepper
    Section Image

  • d

    Seller's Agent in 2022

    don Moore

    Albany Realty Group LLC

    Section Image

  • J

    Buyer's Agent in 2022

    Jeffrey Buenau

    KW Platform

See All Agents

Map

Source: Global MLS

MLS Number: 202313063

Global MLS

APN: 010100-064-058-0002-048-000-0000

New York Albany County Albany 12208 Pine Hills

918 Myrtle Ave, Albany, NY

Not Listed for Sale

MultiFamily

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