When was property at 16 Prospect Terrace built and last sold?

The property at 16 Prospect Terrace was built in 1965 and last sold on Mar 9, 2017 for $0.

How much is this home worth?

The estimated value of the home located at 16 Prospect Terrace is $0.

What are some comparable homes to 16 Prospect Terrace?

There are currently no comparable homes to 16 Prospect Terrace.

Albany

12208

Helderberg

16 Prospect Terrace

Sold on Sep 23, 2025

Map

$370,000

● House - Off Market

16 Prospect Terrace

Albany, NY 12208

3 Beds

2 Baths

1,839 Ft²

$2,642

Est. Monthly

3.15%

Cap Rate

About This Property

Welcome to 16 Prospect Terrace! This stunning brick ranch is nestled in a highly sought-after neighborhood in Albany, New York. Featuring three spacious bedrooms, two baths, a cozy living room, a dining room, and a modern kitchen equipped with stainless steel appliances, this home is perfect for comfortable living. The expansive basement offers endless possibilities for entertainment. Enjoy the convenience of an attached two-car garage and close proximity to Saint Peter's Hospital, public transportation, restaurants, and shopping. Don't miss this opportunity!

Unit Size

1,839 Ft²

Days on Market

151 days

Land Size

0.21 acres

Price per sqft

$207

Property Type

House

Property Taxes

$777

HOA Dues

Year Built

1965

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Global MLS #202516042)

Price History

Date / Event	Date	Event
Sep 23, 2025	Sold	Premium
Sold
Jul 15, 2025	In contract	-
In contract
May 29, 2025	Price Decreased	$379,900 ↓ $10K (2.6%)
Price Decreased
May 7, 2025	Price Decreased	$389,900 ↓ $5K (1.3%)
Price Decreased
Apr 24, 2025	Listed by Miranda Real Estate Group Inc	$395,000
Listed by Miranda Real Estate Group Inc
Jun 14, 2024	Sold	Premium
Sold
May 16, 2024	Listed by KW Platform	$230,000
Listed by KW Platform

	Sold before print!
Aug 4, 2010	Sold	Premium
Sold
Oct 6, 2009	Listed by Miranda Real Estate Group Inc	$239,900
Listed by Miranda Real Estate Group Inc

Property Highlights

Parking Available

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1965

Effective Year Built: 1965
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 0
Building Style: 11
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Floor Cover: 0
Basement Type: 2
Basement Area: 0
Garage Type: 1
Garage Square Area: 260
Parking Space Count: 1
Patio Type: 20
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,020

Lot Size Depth Feet: 1,100
Lot Size Frontage Feet: 829
Total Building Area: 1,839
Building Area: 1,839
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,839
Heating Fuel Type: 3

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Land Acres: 0000000207
Standard Land Use Code: 1001
County Land Use Code: 210
Legal Description 1: 1 BRICK WITH GAR 1502509

Neighborhood

School District Name: Albany City School District

School Tax School District: ALBANY
Census Tract: 001901

Zoning

Zoning: R1B

Geography

Account Number: 07504300010260000000

District: 010100
Section: 75.43
Parcel: 010100 75.43-1-26
Block: 1
Lot: 26.000
Municipality: ALBANY
Latitude: 42.6491
Longitude: -73.7918

Address

Full Address: 16 Prospect Ter

Address - House Number: 16
Address - Street Name: Prospect
Address - Suffix Type: Ter
State: NY
City Name: Albany
Carrier Code: C004
4-Digit Zip Code: 3010
Zip Code: 12208

Valuation

Tax

Tax Year: 2023

Tax Amount: $730,989
Tax Rate Code Area: 010100

Appraisal Valuation

Standard Deviation: 0.2444

Valuation Date: Feb 07, 2024
Confidence Score: 65
Final Value: 319,744
High Value: 397,907
Low Value: 241,580

Market Valuation

Market Total Value: $262,601

Market Land Value: $52,238
Market Improvement Value: $210,363

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $186,000
Assessed Land Value: $37,000
Assessed Improvements Value: $149,000

Sales

Current Sale Contract Date: Mar 09, 2017

Current Sale Recording Date: Mar 10, 2017
Current Sale Document Type: 71
Current Sale Input Document Number: R2017-06186
Previous Sale Recording Date: Aug 04, 2010
Previous Sale Contract Date: Jul 28, 2010
Previous Sale Amount: $215,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Helderberg

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$188

Below Asking

0.02%

Average Days on Market

Average Home Size

2046 ft²

Average Home Age

96.8 years

Currently For Sale

6 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 30 Boenau Street, Albany, NY, 12202

$1,800 /mo

3 Beds
1 Bath
1,085 ft²

30 Boenau Street #UNIT2, Albany, NY, 12202 Listing by Robert M Crevatas

Unit for rent at 688 Myrtle Avenue, Albany, NY, 12208

$1,950 /mo

2 Beds
1 Bath
1,060 ft²

688 Myrtle Avenue #UNIT1, Albany, NY, 12208 Listing by Christopher Broughton

Unit for rent at 447 Ontario Street, Albany, NY, 12208

$1,900 /mo

3 Beds
1 Bath
1,150 ft²

447 Ontario Street #2, Albany, NY, 12208 Listing by Abdulai Mohamed

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Moonrani G Gumani
Miranda Real Estate Group Inc
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202516042

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

16 Prospect Terrace

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Helderberg

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions