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3 Knollwood Drive

3 Knollwood Drive, Latham, NY 12110
Property in Colonie
Sold Dec 05, 2017
$250,000
$193,325 by Centennial Bank
Mortgage Due Dec 01, 2032
Sold Aug 29, 2011
$186,000
$139,500 by Sefcu Mortgage Services
Mortgage Due Sep 01, 2041
Local assessors in Latham, NY have categorized 3 Knollwood Drive as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 13,939 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. 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, 3 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 are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3 Knollwood Drive has a total of 1,705 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 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back 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 - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 3 Knollwood Drive was last sold in Nov 29, 2017 for $250,000. According to our calculations, that's $146.63 per sqft. Prior to that sales transaction, the property was sold for $186,000 in Aug 25, 2011. Current property owners are expected to pay $5,106 in taxes per year. The property on 3 Knollwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $124,500. To break that down further, the land itself was valued at $31,100. While improvements to the property were assessed at a total of $93,400. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,705
  • Building Area: 1,705
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,705
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLIS DEVELOPMENT BROOKWOOD PARK
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 N-KNOLLWOOD DR E-655 C-38-50

Ownership

  • Current Owner : ALEXANDER JOHN S
  • Current Owner 2: ALEXANDER ERIN M
  • Previous Owner : KIRKER SEAN R
  • Owner Before Previous Owner: HEWES MARK D
  • Owner Before Previous Owner 2: ESTATE OF FRANK B HEWES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013507

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 03100500020660000000
  • District: 012689
  • Section: 31.05
  • Parcel: 012689 31.5-2-66
  • Block: 2
  • Lot: 66.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7402
  • Longitude: -73.7738

    Address

  • Full Address: 3 Knollwood Dr
  • Address - House Number: 3
  • Address - Street Name: Knollwood
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Latham
  • Carrier Code: C003
  • 4-Digit Zip Code: 3607
  • Zip Code: 12110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,106
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.2124
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 363,241
  • High Value: 440,417
  • Low Value: 286,065

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $233,325
  • First Open Lien Mortgage Lender: CENTENNIAL BANK
  • First Open Lien Mortgage Recording Date: Dec 05, 2017
  • First Open Lien Mortgage Loan Amount: $193,325
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2032
  • Second Open Lien Mortgage Lender: CITIZENS BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 05, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 16, 2045

    Market Valuation

  • Market Total Value: $244,100
  • Market Land Value: $60,976
  • Market Improvement Value: $183,124

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,500
  • Assessed Land Value: $31,100
  • Assessed Improvements Value: $93,400

    Sales

  • Current Sale Contract Date: Nov 29, 2017
  • Current Sale Recording Date: Dec 05, 2017
  • Current Sale Transaction ID: 11356188830
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017-29059
  • Previous Sale Recording Date: Aug 29, 2011
  • Previous Sale Contract Date: Aug 25, 2011
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTENNIAL BANK
  • First Mortgage Transaction Date: Dec 05, 2017
  • First Mortgage Loan Amount: $193,325
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: SEFCU MORTGAGE SERVICES
  • Previous Mortgage Transaction Date: Aug 29, 2011
  • Previous Mortgage Loan Amount: $139,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2041

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Frequently Asked Questions

What neighborhood is 3 Knollwood Drive located in?
The 3 Knollwood Drive is a located in the neighborhood of Colonie in Albany, Latham.
What is the average sales price for listings in 3 Knollwood Drive?
The average sales price for units in 3 Knollwood Drive is $0 currently.

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