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8 Grounds Place

8 Grounds Place, Albany, NY 12205
Property in Colonie
Local assessors in Albany, NY have categorized 8 Grounds Place as a residential type of property. The home was built in 1937 and is 87 years old. The property's lot size has been calculated to be 5,227 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod 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, 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 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 8 Grounds Place has a total of 1,213 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 286 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 covered 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 - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. 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, 8 Grounds Place was last sold in Apr 23, 2020 for $300,000. According to our calculations, that's $247.32 per sqft. Prior to that sales transaction, the property was sold for $148,400 in Nov 25, 2009. Current property owners are expected to pay $4,149 in taxes per year. The property on 8 Grounds Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $93,600. To break that down further, the land itself was valued at $24,900. While improvements to the property were assessed at a total of $68,700. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Aluminum Siding

Parking

Garage Parking
Off Street Parking
Detached Garage
Garage Door Opener

Location

Private Lot
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221028
10/28/2022
3 Bed
2 Bath
-
$259,900
bedrooms
3 Bed
bathrooms
2 Bath
$275,000 +5.81%
12/20/2022
-
Dawn McCurdy
McCurdy Real Estate Group, Inc

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,213
  • Building Area: 1,213
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,213
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF NO 5 SALME
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 N-1273C E-10 S-93-78

Ownership

  • Current Owner : FORCHILLI NICHOLAS
  • Current Owner 2: TELLARINI FORCHILLI CHRISTINE
  • Previous Owner : WALTZ EDWARD C
  • Previous Owner 2: WALTZ MARY ANNE
  • Owner Before Previous Owner: HANS BARBARA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 014001

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 04201800050510000000
  • District: 012689
  • Section: 42.18
  • Parcel: 012689 42.18-5-51
  • Block: 5
  • Lot: 51.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.6996
  • Longitude: -73.809

    Address

  • Full Address: 8 Grounds Pl
  • Address - House Number: 8
  • Address - Street Name: Grounds
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Albany
  • Carrier Code: C004
  • 4-Digit Zip Code: 2914
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,149
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 266,211
  • High Value: 295,646
  • Low Value: 236,776

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,500
  • First Open Lien Mortgage Lender: KEYBANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Dec 27, 2022
  • First Open Lien Mortgage Loan Amount: $247,500
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $183,500
  • Market Land Value: $48,816
  • Market Improvement Value: $134,684

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,600
  • Assessed Land Value: $24,900
  • Assessed Improvements Value: $68,700

    Sales

  • Current Sale Contract Date: Apr 23, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Transaction ID: 11769277107
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020-08498
  • Previous Sale Recording Date: Dec 09, 2009
  • Previous Sale Contract Date: Nov 25, 2009
  • Previous Sale Amount: $148,400
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • Previous Mortgage Transaction Date: Dec 09, 2009
  • Previous Mortgage Loan Amount: $145,712
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2039

About Albany



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Frequently Asked Questions

What neighborhood is 8 Grounds Place located in?
The 8 Grounds Place is a other located in the neighborhood of Colonie in Albany, Albany.
What is the average sales price for listings in 8 Grounds Place?
The average sales price for units in 8 Grounds Place is $0 currently.

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