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263 South Pearl Street

263 South Pearl Street, Albany, NY 12202
Commercial in South End
Local assessors in Albany, NY have categorized 263 South Pearl Street as a commercial type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 2,762 square feet. The linear feet between the front and back of the lot was measured at 570 ft and the front of the lot was measured at 466 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. There is a finished improved basement that is 1,288 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home has been utilizing oil for fuel. 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, 263 South Pearl Street sold most recently in Feb 12, 1997 for a total of $7,500. If you work out the math, that's approximately a cost of $2.91 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 $6,130 in taxes each year. 263 South Pearl Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $120,000. If we break it down further, the land itself was valued at $4,600. Improvements to the property, however, were assessed at a total of $115,400. 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. 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.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

Parking

Garage Parking

Exterior

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240131
01/31/2024
Loft
-
2576 ft²
$315,000
bedrooms
Loft
bathrooms
-
square feet
2576 ft²
-
-
-
Rahmel Dobbs
Keller Williams Capital Dist
20220202
02/02/2022
Loft
-
2576 ft²
$395,000
bedrooms
Loft
bathrooms
-
square feet
2576 ft²
-
-
-
Paul T Fontane
Coldwell Banker Prime Prop.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,762
  • Lot Size Depth Feet: 570
  • Lot Size Frontage Feet: 466
  • Total Building Area: 2,576
  • Gross Building Area: 2,576
  • Building Area: 2,576
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.063
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: 2 BRICK & SIGN V B 0200221

Ownership

  • Current Owner : RITZ WILLIAM
  • Previous Owner : REED ERNEST

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 002500

Zoning

  • Zoning: R3B

Geography

  • Account Number: 07605700040110010000
  • District: 010100
  • Section: 76.57
  • Parcel: 010100 76.57-4-11.1
  • Block: 4
  • Lot: 11.001
  • Municipality: ALBANY
  • Latitude: 42.6423
  • Longitude: -73.7568

    Address

  • Full Address: 263 S Pearl St
  • Address - House Number: 263
  • Street Direction: S
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: NY
  • City Name: Albany
  • Zip Code: 12202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,130
  • Tax Rate Code Area: 010100

    Market Valuation

  • Market Total Value: $169,420
  • Market Land Value: $6,494
  • Market Improvement Value: $162,926

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,000
  • Assessed Land Value: $4,600
  • Assessed Improvements Value: $115,400

    Sales

  • Current Sale Contract Date: Feb 12, 1997
  • Current Sale Recording Date: Mar 12, 1997
  • Current Sale Transaction ID: 1193412285
  • Current Sale Price: $7,500
  • Current Sale Document Type: Deed

About South End




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Frequently Asked Questions

What neighborhood is 263 South Pearl Street located in?
The 263 South Pearl Street is a commercial located in the neighborhood of South End in South End, Albany.
What is the average sales price for listings in 263 South Pearl Street?
The average sales price for units in 263 South Pearl Street is $0 currently.

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