Check Availability

9 Burton Lane

9 Burton Lane, Albany, NY 12211
House in Colonie
Sold May 27, 2020
$535,000
$398,000 by Key Bank Na
Mortgage Due Jun 01, 2050
Sold Jul 19, 2005
$729,000
$300,000 by Home Funding Finders Inc
Mortgage Due Aug 01, 2035
9 Burton Lane has been categorized by the local assessors in Albany, NY as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 9 Burton Lane has 3,774 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 22,216 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 764 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 9 Burton Lane sold most recently in May 19, 2020 for a total of $535,000. If you work out the math, that's approximately a cost of $141.76 per sqft. Before that, the property was also sold for $729,000 in Jul 1, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $14,490 in taxes each year. 9 Burton Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $370,000. If we break it down further, the land itself was valued at $112,500. Improvements to the property, however, were assessed at a total of $257,500. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior
Cedar Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 764
  • Parking Space Count: 3
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 3,774
  • Building Area: 3,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,774
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MORTON MAX U
  • Current Owner 2: MORTON KIMBERLY A
  • Previous Owner : ELAINE BEDELL J
  • Previous Owner 2: ELAINE BEDELL J
  • Owner Before Previous Owner: NAZARIAN HERMINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013603

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 04300400020760000000
  • District: 012689
  • Section: 43.04
  • Parcel: 012689 43.4-2-76
  • Block: 2
  • Lot: 76.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7076
  • Longitude: -73.7525

    Address

  • Full Address: 9 Burton Ln
  • Address - House Number: 9
  • Address - Street Name: Burton
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Albany
  • Carrier Code: C010
  • 4-Digit Zip Code: 1472
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,490
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 731,122
  • High Value: 904,455
  • Low Value: 557,790

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $498,000
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: May 27, 2020
  • First Open Lien Mortgage Loan Amount: $398,000
  • 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: Jun 01, 2050
  • Second Open Lien Mortgage Lender: KEY BANK NA
  • Second Open Lien Mortgage Recording Date: Apr 23, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 23, 2051

    Market Valuation

  • Market Total Value: $725,500
  • Market Land Value: $220,591
  • Market Improvement Value: $504,909

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,000
  • Assessed Land Value: $112,500
  • Assessed Improvements Value: $257,500

    Sales

  • Current Sale Contract Date: May 19, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Transaction ID: 11768949959
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020-09988
  • Previous Sale Recording Date: Jul 19, 2005
  • Previous Sale Contract Date: Jul 01, 2005
  • Previous Sale Amount: $729,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK NA
  • First Mortgage Transaction Date: May 27, 2020
  • First Mortgage Loan Amount: $398,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HOME FUNDING FINDERS INC
  • Previous Mortgage Transaction Date: Jul 19, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Albany



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 11 Traditional Lane, Albany, NY, 12211

$3,850 /mo

  • 5 Beds
  • 4 Baths
  • 2,646 ft²
11 Traditional Lane, Albany, NY, 12211 Listing by David M Phaff
Unit for rent at 346 Osborne Road, Colonie, NY, 12211

$3,000 /mo

  • 5 Beds
  • 3 Baths
  • 2,200 ft²
346 Osborne Road, Colonie, NY, 12211 Listing by Theresa S Gucciardo
Unit for rent at 84 Everett Road, Colonie, NY, 12205

$2,195 /mo

  • Studio
84 Everett Road, Colonie, NY, 12205 Listing by Franca M DiCrescenzo
Unit for rent at 58 Fiddlers Ln, Latham, NY, 12110

$4,000 /mo

  • 3 Beds
  • 2.5 Baths
58 Fiddlers Ln, Latham, NY, 12110 Listing by Manager

Frequently Asked Questions

What neighborhood is 9 Burton Lane located in?
The 9 Burton Lane is a house located in the neighborhood of Colonie in Albany, Albany.
What is the average sales price for listings in 9 Burton Lane?
The average sales price for units in 9 Burton Lane is $0 currently.

Quantcast