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7 Martingale Drive

7 Martingale Drive, Albany, NY 12205
Property in Colonie
Sold Sep 03, 2009
$187,000
$168,300 by Trustco Bank
Mortgage Due Sep 03, 2039
Sold Feb 26, 2009
$115,000
7 Martingale Drive in Albany, NY was first built in 1956 and is 68 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7 Martingale Drive has 1,264 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. In total, the area measurement of the land is 11,326 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. For those who need parking, there is a attached garage. The garage is 286 sqft. There is one available parking space. 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. The exterior walls of the home are made of a material which is produced from two or more constituent materials. As for heating, the home is utilizing a forced air unit and 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, 7 Martingale Drive sold most recently in Aug 20, 2009 for a total of $187,000. If you work out the math, that's approximately a cost of $147.94 per sqft. Before that, the property was also sold for $115,000 in Jan 20, 2009. 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 $3,636 in taxes each year. 7 Martingale Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $94,000. If we break it down further, the land itself was valued at $18,800. Improvements to the property, however, were assessed at a total of $75,200. 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. 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.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: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Composition
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 286
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,264
  • Building Area: 1,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,264
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SADDLEWOOD
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 N-9 E-4 CAVESON LA S-9-23

Ownership

  • Current Owner : SWEDICK KAREN M
  • Previous Owner : FOLEY KEVIN J
  • Previous Owner 2: HAAS JUSTIN B
  • Owner Before Previous Owner: THE SECRETARY OF VETERANS AFFAIRS
  • 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: 02901600010290000000
  • District: 012601
  • Section: 29.16
  • Parcel: 012601 29.16-1-29
  • Block: 1
  • Lot: 29.000
  • Municipality: COLONIE
  • Latitude: 42.7294
  • Longitude: -73.8364

    Address

  • Full Address: 7 Martingale Dr
  • Address - House Number: 7
  • Address - Street Name: Martingale
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C021
  • 4-Digit Zip Code: 3905
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,636
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2448
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 280,047
  • High Value: 348,605
  • Low Value: 211,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,300
  • First Open Lien Mortgage Lender: TRUSTCO BANK
  • First Open Lien Mortgage Recording Date: Sep 03, 2009
  • First Open Lien Mortgage Loan Amount: $168,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 03, 2039

    Market Valuation

  • Market Total Value: $184,300
  • Market Land Value: $36,860
  • Market Improvement Value: $147,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,000
  • Assessed Land Value: $18,800
  • Assessed Improvements Value: $75,200

    Sales

  • Current Sale Contract Date: Aug 20, 2009
  • Current Sale Recording Date: Sep 03, 2009
  • Current Sale Transaction ID: 1104458721
  • Current Sale Price: $187,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10484664
  • Previous Sale Recording Date: Feb 26, 2009
  • Previous Sale Contract Date: Jan 20, 2009
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUSTCO BANK
  • First Mortgage Transaction Date: Sep 03, 2009
  • First Mortgage Loan Amount: $168,300
  • First Mortgage Terms: 360

About Colonie



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Frequently Asked Questions

What neighborhood is 7 Martingale Drive located in?
The 7 Martingale Drive is a located in the neighborhood of Colonie in Colonie, Albany.
What is the average sales price for listings in 7 Martingale Drive?
The average sales price for units in 7 Martingale Drive is $0 currently.

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