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183 1st Street

183 1st Street, Albany, NY 12210
Multifamily in Arbor Hill
183 1st Street 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 1880 and is 144 years old. The home has a total of 5 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, 183 1st Street has 2,400 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 1,300 ft and across the front of the lot is 267 ft. The area measurement of the land has been determined as 3,380 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. Residents will have the luxury of enjoying a open porch. 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 alum/vinyl siding. In terms of heating, it is utilizing electric heaters and being fueled with electricity. 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. 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, 183 1st Street sold most recently in Dec 16, 2022 for a total of $189,000. If you work out the math, that's approximately a cost of $78.75 per sqft. Before that, the property was also sold for $96,000 in Aug 28, 2007. 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 $2,703 in taxes each year. 183 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $65,000. If we break it down further, the land itself was valued at $14,200. Improvements to the property, however, were assessed at a total of $50,800. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220728
07/28/2022
5 Bed
2 Bath
2440 ft²
$139,000
bedrooms
5 Bed
bathrooms
2 Bath
square feet
2440 ft²
-
-
-
Teresa M Kippen
Field Realty

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,380
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 267
  • Total Building Area: 2,400
  • Gross Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 2,400
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF THE CITY OF ALBANY
  • Land Acres: 0.078
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 1 COMP BRICK & WOOD 0703513

Ownership

  • Current Owner : MEJIA JOSE D
  • Previous Owner : THOMAS NISHA
  • Owner Before Previous Owner: KAMALI ROUHANGIUZ

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 000201

Zoning

  • Zoning: R2A

Geography

  • Account Number: 06507300050710000000
  • District: 010100
  • Section: 65.73
  • Parcel: 010100 65.73-5-71
  • Block: 5
  • Lot: 71.000
  • Municipality: ALBANY
  • Latitude: 42.6602
  • Longitude: -73.7579

    Address

  • Full Address: 183 1st St
  • Address - House Number: 183
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: NY
  • City Name: Albany
  • Carrier Code: C010
  • 4-Digit Zip Code: 2505
  • Zip Code: 12210

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,703
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 595,416
  • High Value: 867,643
  • Low Value: 323,188

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $134,358
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 29, 2022
  • First Open Lien Mortgage Loan Amount: $134,358
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $91,769
  • Market Land Value: $20,048
  • Market Improvement Value: $71,721

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,000
  • Assessed Land Value: $14,200
  • Assessed Improvements Value: $50,800

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Transaction ID: 11900890398
  • Current Sale Price: $189,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 29970
  • Previous Sale Recording Date: Aug 30, 2007
  • Previous Sale Contract Date: Aug 28, 2007
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 29, 2022
  • First Mortgage Loan Amount: $134,358
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 30, 2007
  • Previous Mortgage Loan Amount: $76,580
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2037

About Arbor Hill



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Frequently Asked Questions

What neighborhood is 183 1st Street located in?
The 183 1st Street is a multifamily located in the neighborhood of Arbor Hill in Arbor Hill, Albany.
What is the average sales price for listings in 183 1st Street?
The average sales price for units in 183 1st Street is $0 currently.

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