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29 Forest Drive

29 Forest Drive, Albany, NY 12205
Property in Colonie
Sold Jun 23, 2015
$200,000
$164,000 by Flagstar Bank Fsb
Mortgage Due Feb 01, 2042
29 Forest Drive 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 1946 and is 78 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 29 Forest Drive has 1,560 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 308 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a covered 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 alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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. 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, 29 Forest Drive sold most recently in Jun 17, 2015 for a total of $200,000. If you work out the math, that's approximately a cost of $128.21 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 $4,081 in taxes each year. 29 Forest Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $105,500. If we break it down further, the land itself was valued at $21,100. Improvements to the property, however, were assessed at a total of $84,400. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,560
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 61 N-31 E-40 S-102-12

Ownership

  • Current Owner : CAO XIN
  • Current Owner 2: CHAN VIVIAN
  • Previous Owner : STEWART ROBERT E
  • Previous Owner 2: STEWART NORMA G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013902

Zoning

  • Zoning: 42

Geography

  • Account Number: 04100800070140000000
  • District: 012601
  • Section: 41.08
  • Parcel: 012601 41.8-7-14
  • Block: 7
  • Lot: 14.000
  • Municipality: COLONIE
  • Latitude: 42.7185
  • Longitude: -73.8268

    Address

  • Full Address: 29 Forest Dr
  • Address - House Number: 29
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C002
  • 4-Digit Zip Code: 2521
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,081
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 292,240
  • High Value: 363,346
  • Low Value: 221,135

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $171,608
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Mar 21, 2022
  • First Open Lien Mortgage Loan Amount: $164,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2042
  • Second Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • Second Open Lien Mortgage Recording Date: Mar 21, 2022
  • Second Open Lien Mortgage Loan Amount: $7,608
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2042

    Market Valuation

  • Market Total Value: $206,900
  • Market Land Value: $41,380
  • Market Improvement Value: $165,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,500
  • Assessed Land Value: $21,100
  • Assessed Improvements Value: $84,400

    Sales

  • Current Sale Contract Date: Jun 17, 2015
  • Current Sale Recording Date: Jun 23, 2015
  • Current Sale Transaction ID: 1257139064
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11858507

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Mortgage Transaction Date: Jun 23, 2015
  • First Mortgage Loan Amount: $196,377
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2045

About Colonie



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Frequently Asked Questions

What neighborhood is 29 Forest Drive located in?
The 29 Forest Drive is a located in the neighborhood of Colonie in Colonie, Albany.
What is the average sales price for listings in 29 Forest Drive?
The average sales price for units in 29 Forest Drive is $0 currently.

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