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861 Mercer Street

861 Mercer Street, Albany, NY 12208
Property in Pine Hills
Sold Aug 01, 2013
$158,000
$126,400 by State Employees Fcu
Mortgage Due Aug 01, 2043
Local assessors in Albany, NY have categorized 861 Mercer Street as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 4,140 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 360 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional 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 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 861 Mercer Street has a total of 1,419 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. 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 gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 16, 2013 for $158,000. That's $111.35 per sqft. 861 Mercer Street was last assessed in 2023. The total value of the property was assessed at $160,000. Specifically, the land the property is located on was valued at $32,000. While improvements on the property were assessed at a total of $128,000. 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 $5,710. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,140
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 360
  • Total Building Area: 1,419
  • Building Area: 1,419
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,419
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 WOOD 1709016

Ownership

  • Current Owner : FALING CHRISTOPHER M
  • Previous Owner : DONOHUE PATRICK M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 001700

Zoning

  • Zoning: R1B

Geography

  • Account Number: 06406600020490000000
  • District: 010100
  • Section: 64.66
  • Parcel: 010100 64.66-2-49
  • Block: 2
  • Lot: 49.000
  • Municipality: ALBANY
  • Latitude: 42.662
  • Longitude: -73.7939

    Address

  • Full Address: 861 Mercer St
  • Address - House Number: 861
  • Address - Street Name: Mercer
  • Address - Suffix Type: St
  • State: NY
  • City Name: Albany
  • Carrier Code: C008
  • 4-Digit Zip Code: 2206
  • Zip Code: 12208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,710
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.2617
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 272,023
  • High Value: 343,222
  • Low Value: 200,825

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,400
  • First Open Lien Mortgage Lender: STATE EMPLOYEES FCU
  • First Open Lien Mortgage Recording Date: Aug 01, 2013
  • First Open Lien Mortgage Loan Amount: $126,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2043

    Market Valuation

  • Market Total Value: $225,893
  • Market Land Value: $45,179
  • Market Improvement Value: $180,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,000
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $128,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 16, 2013
  • Current Sale Recording Date: Aug 01, 2013
  • Current Sale Transaction ID: 1166952373
  • Current Sale Price: $158,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11448204

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES FCU
  • First Mortgage Transaction Date: Aug 01, 2013
  • First Mortgage Loan Amount: $126,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2043

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Frequently Asked Questions

What neighborhood is 861 Mercer Street located in?
The 861 Mercer Street is a located in the neighborhood of Pine Hills in Pine Hills, Albany.
What is the average sales price for listings in 861 Mercer Street?
The average sales price for units in 861 Mercer Street is $0 currently.

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