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Albany 12208 Pine Hills
1010 Madison Avenue
$470,000
House - Off Market

1010 Madison Avenue

Albany, NY 12208
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
$3,367
Estimated Monthly
$0
HOA / Fees
17.47%
Cap Rate

About This Property

Welcome to the epitome of historic elegance! Step into a world of timeless charm with this magnificent 6-bedroom, 3.5-bathroom residence spanning an impressive 4,601 square feet. Nestled in the heart of a storied neighborhood, this home seamlessly combines classic architecture with modern amenities. As you enter through the grand foyer, be greeted by the warm embrace of history, manifested in the meticulously preserved details that adorn each room. What sets this property apart is the added bonus of an attached apartment, providing a fantastic income-generating opportunity. This self-contained unit features its own kitchen, living area, and bathroom, making it an ideal rental opportunity at $1,200 per month.  3D tour attached.
Unit Size
-
Days on Market
72 days
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,010
HOA Dues
-
Year Built
1911
Last updated: 3 months ago (Global MLS #202329549)

Price History

Date / Event Date Event Price
Feb 23, 2024 Sold $470,000
Sold
Dec 26, 2023 In contract -
In contract
Dec 13, 2023 Listed by Clancy Real Estate $479,900
Listed by Clancy Real Estate
Jun 9, 2022 Sold to Jennifer Aguila $250,000
Sold to Jennifer Aguila
Aug 19, 2021 Sold to Richard J Melita $120,000
Sold to Richard J Melita

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 13,200
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,601
  • Building Area: 4,601
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 4,601
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.303
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 1/2 WOOD PEN & BON EX 1304921

Ownership

  • Current Owner : AGUILA JENNIFER
  • Previous Owner : MELITA RICHARD J
  • Owner Before Previous Owner: MELITA RICHARD J
  • Owner Before Previous Owner 2: BRIEN KIMBERLY O

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 001600

Zoning

  • Zoning: R2A

Geography

  • Account Number: 06405900040020000000
  • District: 010100
  • Section: 64.59
  • Parcel: 010100 64.59-4-2
  • Block: 4
  • Lot: 2.000
  • Municipality: ALBANY
  • Latitude: 42.664
  • Longitude: -73.7886

    Address

  • Full Address: 1010 Madison Ave
  • Address - House Number: 1010
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albany
  • Carrier Code: C016
  • 4-Digit Zip Code: 2600
  • Zip Code: 12208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,123
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.1099
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 88
  • Final Value: 499,422
  • High Value: 554,342
  • Low Value: 444,502

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,750
  • First Open Lien Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jun 09, 2022
  • First Open Lien Mortgage Loan Amount: $223,750
  • 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, 2052

    Market Valuation

  • Market Total Value: $437,668
  • Market Land Value: $87,534
  • Market Improvement Value: $350,134

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,000
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $248,000

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Transaction ID: 11891832645
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14429
  • Previous Sale Recording Date: Aug 19, 2021
  • Previous Sale Contract Date: Aug 11, 2021
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Mortgage Transaction Date: Jun 09, 2022
  • First Mortgage Loan Amount: $223,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
3 Baths
-
$377,397 Sep 11, 2023
$377,397 Nov 6, 2023
$837/mo
House
5 Beds
3 Baths
-
$536,000 Aug 23, 2023
$536,000 Oct 6, 2023
$967/mo
House
4 Beds
3 Baths
-
$395,000 Sep 14, 2023
-
$700/mo

About Pine Hills


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Unit for sale at 305 Cortland Street, Albany, NY 12208

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305 Cortland Street, Albany, NY 12208 Listing by Dominick A Ragone

Nearby Rentals

Unit for rent at 46 Dove Street, Albany, NY, 12210

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  • 1 Bath
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Unit for rent at 289-291 Hudson Avenue, Albany, NY, 12210

$2,299 /mo

  • 1 Bed
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289-291 Hudson Avenue, Albany, NY, 12210 Listing by RH Advisors NY


Frequently Asked Questions

When was property at 1010 Madison Avenue built and last sold?
The property at 1010 Madison Avenue was built in 1911 and last sold on May 26, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 1010 Madison Avenue is $484,699.
What are some comparable homes to 1010 Madison Avenue?
Homes that are comparable to 1010 Madison Avenue include a house property at 305 Cortland Street, 11 North Pine Avenue, 25 Manning Boulevard.

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