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304 Washington Avenue

304 Washington Avenue, Albany, NY 12203
Multifamily in Central Avenue
Sold Dec 10, 2021
$665,000
$312,000 by Nbt Bank Na
Mortgage Due Dec 10, 2051
Sold Feb 06, 2013
$575,000
304 Washington Avenue in Albany, NY was first built in 1851 and is 173 years old. This has been categorized as a residential property type. There are a total of 2 floors. 304 Washington Avenue has 6,518 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 627 ft and the linear feet between the front and back of the lot is 1,333. In total, the area measurement of the land is 8,246 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 304 Washington Avenue was last sold in Oct 28, 2021 for $665,000. According to our calculations, that's $151.34 per sqft. Prior to that sales transaction, the property was sold for $575,000 in Dec 5, 2012. Current property owners are expected to pay $16,106 in taxes per year. The property on 304 Washington Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $298,100. To break that down further, the land itself was valued at $53,600. While improvements to the property were assessed at a total of $244,500. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1851
  • Effective Year Built: 1851
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 8
  • Basement Type: Unfinished basement
  • Basement Area: 2,124
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,246
  • Lot Size Depth Feet: 1,333
  • Lot Size Frontage Feet: 627
  • Total Building Area: 4,394
  • Gross Building Area: 4,394
  • Building Area: 4,394
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,518
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.189
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : XUE XIAOYI
  • Previous Owner : TAWADROUS MOUNIR G
  • Owner Before Previous Owner: KEL BEAR LLC

Neighborhood

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

Zoning

  • Zoning: R2C

Geography

  • Account Number: 06507900010080000000
  • District: 010100
  • Section: 65.79
  • Parcel: 010100 65.79-1-8
  • Block: 1
  • Lot: 8.000
  • Municipality: ALBANY
  • Latitude: 42.6585
  • Longitude: -73.7675

    Address

  • Full Address: 304 Washington Ave
  • Address - House Number: 304
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albany
  • Carrier Code: C001
  • 4-Digit Zip Code: 1018
  • Zip Code: 12203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,106
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 614,473
  • High Value: 895,412
  • Low Value: 333,533

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,000
  • First Open Lien Mortgage Lender: NBT BANK NA
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Loan Amount: $312,000
  • 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: Dec 10, 2051

    Market Valuation

  • Market Total Value: $420,867
  • Market Land Value: $75,674
  • Market Improvement Value: $345,193

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,100
  • Assessed Land Value: $53,600
  • Assessed Improvements Value: $244,500

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Transaction ID: 11876462729
  • Current Sale Price: $665,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 37472
  • Previous Sale Recording Date: Feb 06, 2013
  • Previous Sale Contract Date: Dec 05, 2012
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NBT BANK NA
  • First Mortgage Transaction Date: Dec 10, 2021
  • First Mortgage Loan Amount: $312,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Central Avenue



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Frequently Asked Questions

What neighborhood is 304 Washington Avenue located in?
The 304 Washington Avenue is a multifamily located in the neighborhood of Central Avenue in Central Avenue, Albany.
What is the average sales price for listings in 304 Washington Avenue?
The average sales price for units in 304 Washington Avenue is $0 currently.

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