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218 Colonial Avenue

218 Colonial Avenue, Albany, NY 12208
218 Colonial Avenue in Albany, NY was first built in 1989 and is 35 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 style that we are currently unable to determine. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 218 Colonial Avenue has 2,930 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 10 ft and the linear feet between the front and back of the lot is 10. In total, the area measurement of the land is 4,356 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 466 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system 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. 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, 218 Colonial Avenue sold most recently in Aug 17, 2021 for a total of $350,000. If you work out the math, that's approximately a cost of $119.45 per sqft. 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 $12,201 in taxes each year. 218 Colonial Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $312,000. If we break it down further, the land itself was valued at $62,400. Improvements to the property, however, were assessed at a total of $249,600. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior

Facilities

Laundry Room

Condition

Level Lot

Location

Cul-De-Sac Lot

Parking

Off Street Parking
Paved Parking
Attached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210606
06/06/2021
2 Bed
3 Bath
-
$369,000
bedrooms
2 Bed
bathrooms
3 Bath
$350,000 -5.15%
09/09/2021
Amy Mesch Favreau
Howard Hanna

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Other
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 466
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 10
  • Total Building Area: 2,930
  • Building Area: 2,930
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,930
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.1
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : PALUMBO CONSTANCE MARIA
  • Previous Owner : SMITH CLAUDIA
  • Previous Owner 2: MESCH JOHN C
  • 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: 06407100030060030000
  • District: 010100
  • Section: 64.71
  • Parcel: 010100 64.71-3-6.3
  • Block: 3
  • Lot: 6.003
  • Municipality: ALBANY
  • Latitude: 42.6592
  • Longitude: -73.8146

    Address

  • Full Address: 218 Colonial Ave
  • Address - House Number: 218
  • Address - Street Name: Colonial
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albany
  • Carrier Code: C011
  • 4-Digit Zip Code: 1309
  • Zip Code: 12208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,201
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 424,257
  • High Value: 524,244
  • Low Value: 324,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: M & T BANK
  • First Open Lien Mortgage Recording Date: Sep 09, 2021
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 313
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 28, 2047

    Market Valuation

  • Market Total Value: $440,491
  • Market Land Value: $88,098
  • Market Improvement Value: $352,393

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,000
  • Assessed Land Value: $62,400
  • Assessed Improvements Value: $249,600

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Transaction ID: 11859019487
  • Current Sale Price: $350,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: R2021-27181

    Last Sale Mortgage

  • First Mortgage Lender: M & T BANK
  • First Mortgage Transaction Date: Sep 09, 2021
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 313
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 28, 2047

About Buckingham Lake - Crestwood



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Frequently Asked Questions

What neighborhood is 218 Colonial Avenue located in?
The 218 Colonial Avenue is a townhouse located in the neighborhood of Buckingham Lake - Crestwood in Buckingham Lake - Crestwood, Albany.
What is the average sales price for listings in 218 Colonial Avenue?
The average sales price for units in 218 Colonial Avenue is $369,000 currently.

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