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29 Miracle Lane

29 Miracle Lane, Albany, NY 12211
Property in Colonie
Sold Apr 27, 1994
$85,000
$91,400 by Royal United Mortgage Llc
Mortgage Due Aug 01, 2044
Local assessors in Albany, NY have categorized 29 Miracle Lane as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 9,148 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 29 Miracle Lane has a total of 880 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - D. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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 Miracle Lane sold most recently in Apr 20, 1994 for a total of $85,000. If you work out the math, that's approximately a cost of $96.59 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 $3,469 in taxes each year. 29 Miracle Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $78,000. If we break it down further, the land itself was valued at $15,600. Improvements to the property, however, were assessed at a total of $62,400. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 880
  • Building Area: 880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 880
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 29 N-40 E-2 S-34-58

Ownership

  • Current Owner : KATSARES JAMES P
  • Current Owner 2: KATSARES MADONNA B
  • Previous Owner : LEONARDO DAVID P
  • Previous Owner 2: LEONARDO DEBRA B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013708

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 04201600010050000000
  • District: 012689
  • Section: 42.16
  • Parcel: 012689 42.16-1-5
  • Block: 1
  • Lot: 5.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.709
  • Longitude: -73.7865

    Address

  • Full Address: 29 Miracle Ln
  • Address - House Number: 29
  • Address - Street Name: Miracle
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Albany
  • Carrier Code: C006
  • 4-Digit Zip Code: 2128
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,469
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 227,681
  • High Value: 283,078
  • Low Value: 172,283

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $172,988
  • First Open Lien Mortgage Lender: ROYAL UNITED MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 11, 2014
  • First Open Lien Mortgage Loan Amount: $91,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2044
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 12, 2006
  • Second Open Lien Mortgage Loan Amount: $81,588
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $152,900
  • Market Land Value: $30,580
  • Market Improvement Value: $122,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,000
  • Assessed Land Value: $15,600
  • Assessed Improvements Value: $62,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 1994
  • Current Sale Recording Date: Apr 27, 1994
  • Current Sale Transaction ID: 1193440358
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed

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Frequently Asked Questions

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

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