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163 North Lake Avenue

163 North Lake Avenue, Albany, NY 12206
Property in West Hill
Sold Dec 20, 2011
$64,000
$118,500 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2052
Sold May 02, 2006
$84,000
163 North Lake Avenue has been categorized by the local assessors in Albany, NY as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 6 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 163 North Lake Avenue has 2,240 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 823 ft and across the front of the lot is 220 ft. The area measurement of the land has been determined as 1,804 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 163 North Lake Avenue was last sold in Dec 16, 2011 for $64,000. According to our calculations, that's $28.57 per sqft. Prior to that sales transaction, the property was sold for $84,000 in Mar 13, 2006. Current property owners are expected to pay $2,004 in taxes per year. The property on 163 North Lake Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $47,000. To break that down further, the land itself was valued at $9,400. While improvements to the property were assessed at a total of $37,600. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Other
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,804
  • Lot Size Depth Feet: 823
  • Lot Size Frontage Feet: 220
  • Total Building Area: 2,240
  • Gross Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,240
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.041
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 2 COMP BRICK & WOOD 1103426

Ownership

  • Current Owner : CRAWFORD WILLIAM
  • Previous Owner : WOOD JAMES R
  • Owner Before Previous Owner: FREEMAN CHARLOTTE
  • Owner Before Previous Owner 2: FREEMAN CHARLOTTE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 000700

Zoning

  • Zoning: R2A

Geography

  • Account Number: 06505500010210000000
  • District: 010100
  • Section: 65.55
  • Parcel: 010100 65.55-1-21
  • Block: 1
  • Lot: 21.000
  • Municipality: ALBANY
  • Latitude: 42.6659
  • Longitude: -73.7688

    Address

  • Full Address: 163 N Lake Ave
  • Address - House Number: 163
  • Street Direction: N
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albany
  • Carrier Code: C011
  • 4-Digit Zip Code: 2719
  • Zip Code: 12206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,004
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 593,944
  • High Value: 865,498
  • Low Value: 322,389

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 01, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $118,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $66,356
  • Market Land Value: $13,271
  • Market Improvement Value: $53,085

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,000
  • Assessed Land Value: $9,400
  • Assessed Improvements Value: $37,600

    Sales

  • Current Sale Contract Date: Dec 16, 2011
  • Current Sale Recording Date: Dec 20, 2011
  • Current Sale Transaction ID: 1193403025
  • Current Sale Price: $64,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11050878
  • Previous Sale Recording Date: May 02, 2006
  • Previous Sale Contract Date: Mar 13, 2006
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Mortgage Transaction Date: Dec 20, 2011
  • First Mortgage Loan Amount: $54,540
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2042

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Frequently Asked Questions

What neighborhood is 163 North Lake Avenue located in?
The 163 North Lake Avenue is a located in the neighborhood of West Hill in West Hill, Albany.
What is the average sales price for listings in 163 North Lake Avenue?
The average sales price for units in 163 North Lake Avenue is $0 currently.

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