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261 State Street

261 State Street, Albany, NY 12210
Multifamily in Central Avenue
261 State 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 1897 and is 127 years old. The home has a total of 6 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 261 State Street has 7,335 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 1,650 ft and across the front of the lot is 244 ft. The area measurement of the land has been determined as 3,960 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 brick. 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. The property was last sold in May 5, 2016 for $265,000. That's $36.13 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2002 for $170,000. 261 State Street was last assessed in 2023. The total value of the property was assessed at $325,000. Specifically, the land the property is located on was valued at $97,800. While improvements on the property were assessed at a total of $227,200. 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 $12,885. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

Brick Exterior
Masonry Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190603
06/03/2019
6 Bed
4 Bath
5300 ft²
$469,000
bedrooms
6 Bed
bathrooms
4 Bath
square feet
5300 ft²
-
-
-
Colin McDonald
Berkshire Hathaway Blake
20171222
12/22/2017
Studio
-
7337 ft²
$649,000
bedrooms
Studio
bathrooms
-
square feet
7337 ft²
-
-
-
Leah Witko
COLDWELL BANKER PRIME PROPERTIES

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Other
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,960
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 244
  • Total Building Area: 7,335
  • Gross Building Area: 7,335
  • Building Area: 7,335
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 7,335
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.091
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: 4 BRICK 0501509

Ownership

  • Current Owner : CAPITAL ONE NA
  • Previous Owner : PLUMMER ROBIN
  • Previous Owner 2: KASSNER MARK A
  • Owner Before Previous Owner: EMC MTG CORP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 001400

Zoning

  • Zoning: R2C

Geography

  • Account Number: 07602400070260000000
  • District: 010100
  • Section: 76.24
  • Parcel: 010100 76.24-7-26
  • Block: 7
  • Lot: 26.000
  • Municipality: ALBANY
  • Latitude: 42.6543
  • Longitude: -73.7608

    Address

  • Full Address: 261 State St
  • Address - House Number: 261
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: NY
  • City Name: Albany
  • Carrier Code: C001
  • 4-Digit Zip Code: 2101
  • Zip Code: 12210

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,885
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 616,673
  • High Value: 898,618
  • Low Value: 334,727

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: NBT BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Mar 24, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 24, 2050

    Market Valuation

  • Market Total Value: $458,845
  • Market Land Value: $138,077
  • Market Improvement Value: $320,768

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,000
  • Assessed Land Value: $97,800
  • Assessed Improvements Value: $227,200

    Sales

  • Current Sale Contract Date: May 05, 2016
  • Current Sale Recording Date: Jun 06, 2016
  • Current Sale Transaction ID: 1691137067
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2016-11663
  • Previous Sale Recording Date: Jun 07, 2002
  • Previous Sale Contract Date: May 31, 2002
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

About Central Avenue



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Frequently Asked Questions

What neighborhood is 261 State Street located in?
The 261 State Street is a multifamily located in the neighborhood of Central Avenue in Central Avenue, Albany.
What is the average sales price for listings in 261 State Street?
The average sales price for units in 261 State Street is $0 currently.

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