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261 Myrtle Avenue

261 Myrtle Avenue, Albany, NY 12208
House in Park South
Sold Dec 30, 2019
$143,000
Sold Aug 16, 2017
$63,000
$61,110 by 1st Priority Mortgage Inc
Mortgage Due Sep 01, 2047
261 Myrtle 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 1984 and is 40 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 261 Myrtle Avenue has 1,040 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 935 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 2,790 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 alum/vinyl siding. 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, 261 Myrtle Avenue was last sold in Dec 19, 2019 for $143,000. According to our calculations, that's $137.50 per sqft. Prior to that sales transaction, the property was sold for $63,000 in Jul 27, 2017. Current property owners are expected to pay $3,661 in taxes per year. The property on 261 Myrtle Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $92,000. To break that down further, the land itself was valued at $18,000. While improvements to the property were assessed at a total of $74,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 2
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,790
  • Lot Size Depth Feet: 935
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,040
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP B HENNESSY LOTS
  • Land Acres: 0.064
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 WOOD 1405007

Ownership

  • Current Owner : LANESE ADRIANA
  • Previous Owner : PAPANDREA JAMES M
  • Previous Owner 2: DOROTHY A PETTIJOHN TRUST
  • Owner Before Previous Owner: DUMOND DENNIS L
  • Owner Before Previous Owner 2: ESTATE OF GERALD O DUMOND
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 002100

Zoning

  • Zoning: R2A

Geography

  • Account Number: 07603100010800000000
  • District: 010100
  • Section: 76.31
  • Parcel: 010100 76.31-1-80
  • Block: 1
  • Lot: 80.000
  • Municipality: ALBANY
  • Latitude: 42.6512
  • Longitude: -73.7698

    Address

  • Full Address: 261 Myrtle Ave
  • Address - House Number: 261
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albany
  • Carrier Code: C002
  • 4-Digit Zip Code: 3511
  • Zip Code: 12208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,661
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.2617
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 186,509
  • High Value: 235,326
  • Low Value: 137,693

    Market Valuation

  • Market Total Value: $129,888
  • Market Land Value: $25,413
  • Market Improvement Value: $104,475

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,000
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $74,000

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Transaction ID: 11714322255
  • Current Sale Price: $143,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2019-27998
  • Previous Sale Recording Date: Aug 16, 2017
  • Previous Sale Contract Date: Jul 27, 2017
  • Previous Sale Amount: $63,000
  • Previous Sale Document Type: Executor's Deed

    Previous Mortgages

  • Previous Mortgage Lender: 1ST PRIORITY MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 16, 2017
  • Previous Mortgage Loan Amount: $61,110
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Park South



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Frequently Asked Questions

What neighborhood is 261 Myrtle Avenue located in?
The 261 Myrtle Avenue is a house located in the neighborhood of Park South in Park South, Albany.
What is the average sales price for listings in 261 Myrtle Avenue?
The average sales price for units in 261 Myrtle Avenue is $0 currently.

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