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18 Martingale Drive

18 Martingale Drive, Albany, NY 12205
Property in Colonie
Sold Sep 16, 2011
$195,000
$176,750 by Td Bank Na
Mortgage Due Oct 01, 2041
Sold Jan 27, 2006
$192,000
$153,600 by Hsbc Mortgage Corporation Usa
Mortgage Due Jan 01, 2036
Local assessors in Albany, NY have categorized 18 Martingale Drive as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 8,276 square feet. 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, 3 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 18 Martingale Drive has a total of 1,410 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. In addition, there is a vinyl in-ground pool on the property. Perfect for those who want to host pool parties over the summer. 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. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 18 Martingale Drive sold most recently in Sep 2, 2011 for a total of $195,000. If you work out the math, that's approximately a cost of $138.30 per sqft. Before that, the property was also sold for $192,000 in Dec 2, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,976 in taxes each year. 18 Martingale Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $102,800. If we break it down further, the land itself was valued at $20,600. Improvements to the property, however, were assessed at a total of $82,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Porch Type: Covered porch
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,410
  • Building Area: 1,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,410
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SADDLEWOOD
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N-4 E-MARTINGALE DR S-34-19

Ownership

  • Current Owner : FERMANN MARK A
  • Current Owner 2: FERMANN KRISTINA
  • Previous Owner : BILGER ADRIAN D
  • Previous Owner 2: BILGER BETH ANN
  • Owner Before Previous Owner: FILIPPELLO VINCENT F
  • Owner Before Previous Owner 2: FILIPPELLO PAMELA G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013902

Zoning

  • Zoning: 42

Geography

  • Account Number: 02901500040530000000
  • District: 012601
  • Section: 29.15
  • Parcel: 012601 29.15-4-53
  • Block: 4
  • Lot: 53.000
  • Municipality: COLONIE
  • Latitude: 42.7299
  • Longitude: -73.8367

    Address

  • Full Address: 18 Martingale Dr
  • Address - House Number: 18
  • Address - Street Name: Martingale
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C021
  • 4-Digit Zip Code: 3906
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,976
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 285,789
  • High Value: 355,324
  • Low Value: 216,253

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,750
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Sep 16, 2011
  • First Open Lien Mortgage Loan Amount: $176,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2041

    Market Valuation

  • Market Total Value: $201,600
  • Market Land Value: $40,398
  • Market Improvement Value: $161,202

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,800
  • Assessed Land Value: $20,600
  • Assessed Improvements Value: $82,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 02, 2011
  • Current Sale Recording Date: Sep 16, 2011
  • Current Sale Transaction ID: 1193428914
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10961123
  • Previous Sale Recording Date: Jan 27, 2006
  • Previous Sale Contract Date: Dec 02, 2005
  • Previous Sale Amount: $192,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Sep 16, 2011
  • First Mortgage Loan Amount: $176,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • Previous Mortgage Transaction Date: Jan 27, 2006
  • Previous Mortgage Loan Amount: $153,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About Colonie



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Frequently Asked Questions

What neighborhood is 18 Martingale Drive located in?
The 18 Martingale Drive is a located in the neighborhood of Colonie in Colonie, Albany.
What is the average sales price for listings in 18 Martingale Drive?
The average sales price for units in 18 Martingale Drive is $0 currently.

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