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2 Crescent Drive

2 Crescent Drive, Albany, NY 12208
Sold Jun 10, 1999
$83,000
$29,964 by Bank Of America, N.a.
Mortgage Due Jun 01, 2038
Sold Jun 10, 1999
$8,300,000
$83,400 by Merrimack Mtg Company Inc
Mortgage Due Jul 01, 2029
2 Crescent Drive in Albany, NY was first built in 1940 and is 84 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2 Crescent Drive has 770 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,000 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 220 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a material which is produced from two or more constituent materials. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 9, 1999 for $83,000. That's $107.79 per sqft. Prior to that sales transaction, the property was also sold in Jun 8, 1999 for $8,300,000. 2 Crescent Drive was last assessed in 2023. The total value of the property was assessed at $157,000. Specifically, the land the property is located on was valued at $31,000. While improvements on the property were assessed at a total of $126,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,591. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Composition
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 770
  • Building Area: 770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 770
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GOLDEN ACRES
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 1/2 WOOD-COMP WITH 1 CAR CON 1808914

Ownership

  • Current Owner : SWANSON CHARLES B
  • Current Owner 2: SWANSON EULA
  • Previous Owner : MCLEAN GORDON P
  • Owner Before Previous Owner: MCLEAN GORDON P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 001803

Zoning

  • Zoning: R1B

Geography

  • Account Number: 06407800010080000000
  • District: 010100
  • Section: 64.78
  • Parcel: 010100 64.78-1-8
  • Block: 1
  • Lot: 8.000
  • Municipality: ALBANY
  • Latitude: 42.6578
  • Longitude: -73.8163

    Address

  • Full Address: 2 Crescent Dr
  • Address - House Number: 2
  • Address - Street Name: Crescent
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C012
  • 4-Digit Zip Code: 1208
  • Zip Code: 12208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,591
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 229,728
  • High Value: 285,623
  • Low Value: 173,832

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $122,188
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • First Open Lien Mortgage Recording Date: Jun 01, 2023
  • First Open Lien Mortgage Loan Amount: $29,964
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2038
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jun 01, 2023
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $92,224
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2038

    Market Valuation

  • Market Total Value: $221,657
  • Market Land Value: $43,767
  • Market Improvement Value: $177,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,000
  • Assessed Land Value: $31,000
  • Assessed Improvements Value: $126,000

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 1999
  • Current Sale Recording Date: Jun 10, 1999
  • Current Sale Transaction ID: 1063716291
  • Current Sale Price: $83,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 10, 1999
  • Previous Sale Contract Date: Jun 08, 1999
  • Previous Sale Amount: $8,300,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MERRIMACK MTG COMPANY INC
  • Previous Mortgage Transaction Date: Jun 10, 1999
  • Previous Mortgage Loan Amount: $83,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2029

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Frequently Asked Questions

What neighborhood is 2 Crescent Drive located in?
The 2 Crescent Drive is a located in the neighborhood of Buckingham Lake - Crestwood in Buckingham Lake - Crestwood, Albany.
What is the average sales price for listings in 2 Crescent Drive?
The average sales price for units in 2 Crescent Drive is $0 currently.

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