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555 2nd Street

555 2nd Street, Albany, NY 12206
Multifamily in West Hill
Local assessors in Albany, NY have categorized 555 2nd Street as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 3,175 square feet. The linear feet between the front and back of the lot was measured at 1,273 ft and the front of the lot was measured at 250 ft. 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, 5 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 are 2 full bathrooms. 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 555 2nd Street has a total of 1,402 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. 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 a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. The home's electric heaters is the primary heating source and it is being fueled with electricity. The property was last sold in Jul 23, 2021 for $100,000. That's $71.33 per sqft. Prior to that sales transaction, the property was also sold in Jul 13, 2005 for $51,000. 555 2nd Street was last assessed in 2023. The total value of the property was assessed at $64,000. Specifically, the land the property is located on was valued at $12,800. While improvements on the property were assessed at a total of $51,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,664. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220504
05/04/2022
5 Bed
2 Bath
1402 ft²
$129,900
bedrooms
5 Bed
bathrooms
2 Bath
square feet
1402 ft²
-
-
-
Jessica E Celeone
Gucciardo Real Estate LLC

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Other
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,175
  • Lot Size Depth Feet: 1,273
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,402
  • Gross Building Area: 1,402
  • Building Area: 1,402
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,402
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.073
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 2 WOOD-COMP 1006707

Ownership

  • Current Owner : JILES DESIREE
  • Previous Owner : DERRICK HAMILTON
  • Owner Before Previous Owner: BANK TRUSTCO

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 000301

Zoning

  • Zoning: R2B

Geography

  • Account Number: 06503800020450000000
  • District: 010100
  • Section: 65.38
  • Parcel: 010100 65.38-2-45
  • Block: 2
  • Lot: 45.000
  • Municipality: ALBANY
  • Latitude: 42.6702
  • Longitude: -73.7733

    Address

  • Full Address: 555 2nd St
  • Address - House Number: 555
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: NY
  • City Name: Albany
  • Carrier Code: C013
  • 4-Digit Zip Code: 2230
  • Zip Code: 12206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,664
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 129,092
  • High Value: 143,365
  • Low Value: 114,818

    Market Valuation

  • Market Total Value: $90,357
  • Market Land Value: $18,071
  • Market Improvement Value: $72,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,000
  • Assessed Land Value: $12,800
  • Assessed Improvements Value: $51,200

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Transaction ID: 11855009868
  • Current Sale Price: $100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 23536
  • Previous Sale Recording Date: Jul 13, 2005
  • Previous Sale Contract Date: Jul 13, 2005
  • Previous Sale Amount: $51,000
  • Previous Sale Document Type: Warranty Deed

About West Hill



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Frequently Asked Questions

What neighborhood is 555 2nd Street located in?
The 555 2nd Street is a multifamily located in the neighborhood of West Hill in West Hill, Albany.
What is the average sales price for listings in 555 2nd Street?
The average sales price for units in 555 2nd Street is $0 currently.

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