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1 Jermain Street

1 Jermain Street, Albany, NY 12206
House in Albany
Refi May 13, 2020
Transfer
$106,700 by Homestead Funding Corp
Mortgage Due Jun 01, 2050
Local assessors in Albany, NY have categorized 1 Jermain Street as a residential type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 6,600 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1 Jermain Street has a total of 1,008 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. 1 Jermain Street was last assessed in 2023. The total value of the property was assessed at $129,000. Specifically, the land the property is located on was valued at $26,000. While improvements on the property were assessed at a total of $103,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,007. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,008
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 STEEL 1907103

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 000302

Zoning

  • Zoning: R2A

Geography

  • Account Number: 05308100010240000000
  • District: 010100
  • Section: 53.81
  • Parcel: 010100 53.81-1-24
  • Block: 1
  • Lot: 24.000
  • Municipality: ALBANY
  • Latitude: 42.679
  • Longitude: -73.8013

    Address

  • Full Address: 1 Jermain St
  • Address - House Number: 1
  • Address - Street Name: Jermain
  • Address - Suffix Type: St
  • State: NY
  • City Name: Albany
  • Carrier Code: C006
  • 4-Digit Zip Code: 1002
  • Zip Code: 12206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,007
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 235,273
  • High Value: 292,518
  • Low Value: 178,028

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $106,700
  • First Open Lien Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Open Lien Mortgage Recording Date: May 13, 2020
  • First Open Lien Mortgage Loan Amount: $106,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $182,126
  • Market Land Value: $36,708
  • Market Improvement Value: $145,418

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,000
  • Assessed Land Value: $26,000
  • Assessed Improvements Value: $103,000

About Albany



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,120 /mo

  • 2 Beds
  • 1.5 Baths
Listing by Manager

Frequently Asked Questions

What neighborhood is 1 Jermain Street located in?
The 1 Jermain Street is a house located in the neighborhood of Albany in Albany, Albany.
What is the average sales price for listings in 1 Jermain Street?
The average sales price for units in 1 Jermain Street is $0 currently.

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