NOT LISTED FOR SALE

225 N Pearl St Albany, NY 12207

Estimated Value: $239,000 - $551,000

6 Beds
3 Baths
3,018 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $445,000 $147 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,907/month

4 Days on Market

Highlights

  • Private Lot
  • Wood Flooring
  • Rear Porch
  • Traditional Architecture
  • No HOA
  • 3-minute walk to Federal Park

About This Home

As of September 2023

Freshly renovated three-unit in the desirable and growing Albany Theater District. Three two-bedroom, one bathroom units with a full basement with laundry and access to their own decks with stairs to the spacious backyard. All units have new refrigerator, dishwasher, microwave, range. Great owner-occupied or investment property with a current history of successful short-term rentals. Separate gas and electric. Three new water heaters. Walking distance to popular restaurants, shopping, The Palace and Capital Rep Theaters. Finishing work to be completed prior to closing. What an opportunity!

Last Listed By

Judith Gabler

Gabler Realty, LLC License #10491207625 Listed on: 08/10/2023

Gabler Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,433

Year Built

  • Built in 1859 | Remodeled

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 20.4x112.8
  • Property is Fully Fenced
  • Chain Link Fence
  • Private Lot
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,018 Sq Ft Home
  • 3-Story Property
  • No Access to Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Ceramic Tile in Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rear Porch

Schools

  • Arbor Hill Elementary School
  • Albany High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity, gas
  • The owner pays for trash collection, sewer, water, grounds care
  • Legal Lot and Block 48.000 / 6
  • Assessor Parcel Number 010100 65.82-6-48

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,433

Year Built

Built in 1859 | Remodeled

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1859
  • Directions: Turn left onto Wilson St, then immediately turn right onto NY-32 / N Pearl St
  • Above Grade Finished Sq Ft: 3018.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 2289.17
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3143.43
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.05
  • Lot Size: 20.4X112.8
  • New Construction: No
  • Sale Detail Buyer Zip Code: 12305
  • Sale Detail Seller Contribution: No
  • Number Of Separate Gas Meters: 3
  • Rental Income: 5300.0
  • Rental Income Description: Estimated
  • Income: 5300.0
  • Co List Office Mls Id: o2771A
  • Co List Office Phone: 518-935-4800
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished, Walk-Out Access
  • Interior Amenities: High Speed Internet, Ceramic Tile Bath
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 3018.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Owner Pays: Trash Collection, Sewer, Water, Grounds Care
  • Basement:Walk-Out Access: Yes
  • Interior Features:High Speed Internet: Yes
  • Attic Features:No Attic Access: Yes
  • Full Basement: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Construction Type: Brick, Drywall, Plaster
  • Fencing: Chain Link, Full
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Rear Porch
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Construction Materials:Drywall: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Private: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Plaster: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No
  • Property Detail:Parking YN: No
  • Parking Features:None11: Yes

Utilities

  • Utilities: Cable Available, Cable Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: Hot Water, Natural Gas
  • Laundry Features: In Basement
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes
  • Unit 3 Amenities:High Speed Internet5: Yes
  • Unit 3 Amenities:Cable Available5: Yes
  • Unit 3 Amenities:Ceramic Tile4: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Private, Level
  • Parcel #: 010100 65.82-6-48
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 5432.6
  • Tax Block: 6
  • Tax Lot: 48.000
  • Tax Tract: 65.82

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Arbor Hill
  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Sep 22, 2023
Sold by
Tobin Andrew and Tobin Erin
Bought by
Holub Craig Ryan
Seller's Agent
Judith Gabler
Gabler Realty, LLC
Buyer's Agent
Maggie Fromm
Miranda Real Estate Group Inc
List Price
$425,000
Sold Price
$445,000
Premium/Discount to List
$20,000
4.71%
Total Days on Market
4
Views
32
Current Estimated Value
$439,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,585
Avg. Annual Appreciation
-0.74%
Original Mortgage
$436,939
Outstanding Balance
$429,925
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$9,820

Purchase Details

Closed on
Mar 16, 2023
Sold by
Webb Randall S
Bought by
Tobin Andrew and Tobin Erin

Purchase Details

Closed on
Jun 28, 2011
Sold by
Albers Katherine
Bought by
Webb Randall S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Holub Craig Ryan $445,000 Smpr Title Agency
Tobin Andrew $213,500 None Listed On Document
Webb Randall S $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holub Craig Ryan $436,939
Previous Owner Webb Randall S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $445,000 +4.7% $147 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $425,000 -- $141 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,513 $205,000 $41,000 $164,000
2023 $5,513 $133,000 $26,600 $106,400
2022 $5,396 $133,000 $26,600 $106,400
2021 $5,385 $133,000 $26,600 $106,400
2020 $5,252 $133,000 $26,600 $106,400
2019 $5,236 $133,000 $26,600 $106,400
2018 $5,491 $133,000 $26,600 $106,400
2017 $2,568 $133,000 $26,600 $106,400
2016 $5,543 $133,000 $26,600 $106,400
2015 $4,593 $125,000 $35,300 $89,700
2014 -- $125,000 $35,300 $89,700
Source: Public Records

Agents Affiliated with this Home

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Source: Global MLS

MLS Number: 202322474

Global MLS

APN: 010100-065-082-0006-048-000-0000