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1614 Central Avenue

1614 Central Avenue, Albany, NY 12205
Commercial in Colonie
Local assessors in Albany, NY have categorized 1614 Central Avenue as a commercial type of property. The home was built in 1973 and is 51 years old. It was most recently renovated and altered in 2018. The property's lot size has been calculated to be 10,019 square feet. 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 1614 Central Avenue has a total of 1,902 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. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. 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 - C. Residents rely on central air conditioning for their cooling system. The home has been utilizing oil for fuel. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1614 Central Avenue was last sold in Dec 14, 1999 for $79,500. According to our calculations, that's $54.08 per sqft. Prior to that sales transaction, the property was sold for $300,000 in Jun 19, 1998. Current property owners are expected to pay $6,046 in taxes per year. The property on 1614 Central Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $156,300. To break that down further, the land itself was valued at $69,000. While improvements to the property were assessed at a total of $87,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180625
06/25/2018
Studio
-
1470 ft²
-
bedrooms
Studio
bathrooms
-
square feet
1470 ft²
-
-
-
Paul Bowers
Berkshire Hathaway Blake

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 1
  • Business/Commerical Units Count: 5
  • Basement Type: Unfinished basement
  • Basement Area: 432
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,000
  • Total Building Area: 1,470
  • Gross Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,902
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.23
  • Standard Land Use Code: Store/office (mixed use)
  • Legal Description 1: N-CENTRAL AVE E-1610 S-43-19

Ownership

  • Current Owner : MALONE MICHAEL P
  • Current Owner 2: MALONE KATHERINE M
  • Previous Owner : BURNS GARRY A
  • Owner Before Previous Owner: ASHLAND INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013901

Zoning

  • Zoning: 45

Geography

  • Account Number: 04100800020020000000
  • District: 012601
  • Section: 41.08
  • Parcel: 012601 41.8-2-2
  • Block: 2
  • Lot: 2.000
  • Municipality: COLONIE
  • Latitude: 42.7185
  • Longitude: -73.8345

    Address

  • Full Address: 1614 Central Ave
  • Address - House Number: 1614
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albany
  • Carrier Code: C002
  • 4-Digit Zip Code: 2463
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,046
  • Tax Rate Code Area: 012601

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: ALBANY COUNTY BUSINESS DEVELOP
  • First Open Lien Mortgage Recording Date: Mar 06, 2020
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 06, 2050

    Market Valuation

  • Market Total Value: $306,500
  • Market Land Value: $135,307
  • Market Improvement Value: $171,193

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,300
  • Assessed Land Value: $69,000
  • Assessed Improvements Value: $87,300

    Sales

  • Current Sale Contract Date: Dec 14, 1999
  • Current Sale Recording Date: Dec 16, 1999
  • Current Sale Transaction ID: 1133106448
  • Current Sale Price: $79,500
  • Current Sale Document Type: Other
  • Current Sale Input Document Number: CO3373
  • Previous Sale Recording Date: Jul 09, 1998
  • Previous Sale Contract Date: Jun 19, 1998
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Deed

About Colonie



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Nearby Rentals

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$1,400 /mo

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Frequently Asked Questions

What neighborhood is 1614 Central Avenue located in?
The 1614 Central Avenue is a commercial located in the neighborhood of Colonie in Colonie, Albany.
What is the average sales price for listings in 1614 Central Avenue?
The average sales price for units in 1614 Central Avenue is $0 currently.

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