Lovingly cared for 5BR/2.5BA home with so many uses - as a single family + in-law, owner occupy w/help paying the mortgage, or fantastic two-family investment close to colleges, Nanotech, State campus. Front door opens to slate foyer and 2 entrances, one leading to the 1st Fl featuring an L-shaped LR/DR w/striking brick FPLC + large bay window, hardwood flrs, and either a 2BR/1BA w/FR, or use as a 3rd BR leading to the 3-season sunroom overlooking the deck. A partially finished BSMT w/1/2BA, FPLC, and bar adds additional living/storage space. 1st Fl also has central air. Head up to the 2nd Fl to find the 2BR/1BA apt or in-law space w/LR, eat-in Kitchen plus an enclosed back porch. Truly unique and in the great walkable Melrose neighborhood close to parks, shops, eateries, schools, busline
Closed
$320,000
125 Terrace Avenue, Albany, NY 12203
5beds
1,980sqft
Duplex, Multi Family
Built in 1950
-- sqft lot
$384,600 Zestimate®
$162/sqft
$2,261 Estimated rent
Home value
$384,600
$362,000 - $412,000
$2,261/mo
Zestimate® history
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$2,216/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
John S DiBlasi 518-857-1505,
DiBlasi Real Estate,
Melissa DiBlasi 518-269-9152,
DiBlasi Real Estate
Bought with:
Marshall Morgan, 10401308038
CM Fox Real Estate
Source: Global MLS,MLS#: 202327263
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Hot Water, Natural Gas
Cooling
- Central Air, Window Unit(s), Other
Appliances
- Laundry: In Basement
Features
- Wall Paneling, Ceiling Fan(s), High Speed Internet, Built-in Features, Ceramic Tile Bath, Chair Rail
- Flooring: Slate, Carpet, Ceramic Tile, Hardwood, Linoleum
- Doors: Sliding Doors
- Basement: Finished,Full
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Basement, Living Room
Interior area
- Total structure area: 1,980
- Total interior livable area: 1,980 sqft
- Finished area above ground: 1,980
- Finished area below ground: 1,000
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Rear Porch, Deck, Enclosed, Glass Enclosed
- Exterior features: Other
Lot
- Size: 5,227 Square Feet
- Features: Level
Details
- Additional structures: Garage(s)
- Parcel number: 64.34317
- Zoning description: Multi Residence
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding, Brick, Wood Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $290,625
- Annual tax amount: $6,757
- Date on market: 10/26/2023
- Tenant pays: Other
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2024 | Sold | $320,000-1.5%$162/sqft |
Source:  Global MLS #202327263 Report a problem | ||
| 11/14/2023 | Pending sale | $325,000$164/sqft |
Source: Global MLS #202327826 Report a problem | ||
| 11/6/2023 | Price change | $325,000-5.8%$164/sqft |
Source: Global MLS #202327826 Report a problem | ||
| 10/26/2023 | Listed for sale | $345,000$174/sqft |
Source: Global MLS #202327263 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $279,000 |
| 2024 | -- | $279,000 +26.2% |
| 2023 | -- | $221,000 |
| 2022 | -- | $221,000 |
| 2021 | -- | $221,000 |
| 2020 | -- | $221,000 |
| 2019 | -- | $221,000 |
| 2018 | -- | $221,000 |
| 2017 | $6,193 +0.3% | $221,000 |
| 2016 | $6,173 | $221,000 +0.5% |
| 2015 | -- | $220,000 |
| 2014 | -- | $220,000 |
| 2013 | -- | $220,000 |
| 2012 | -- | $220,000 |
| 2011 | -- | $220,000 |
| 2010 | -- | $220,000 |
| 2009 | -- | $220,000 |
| 2008 | -- | $220,000 |
| 2007 | -- | $220,000 +65.4% |
| 2006 | -- | $133,000 |
| 2005 | -- | $133,000 |
| 2004 | -- | $133,000 |
| 2003 | -- | $133,000 +5.6% |
| 2002 | -- | $126,000 |
| 2001 | -- | $126,000 |
| 2000 | -- | $126,000 |
Find assessor info on the county website
Neighborhood: Melrose
Nearby homes
- $249,1003 bd2 ba1.2k sqft125 Terrace Ave #1, Albany, NY 12203Off Market
- $355,5003 bd2 ba1.4k sqft121 Terrace Ave, Albany, NY 12203Off Market
- $318,1004 bd1 ba1.7k sqft127 Terrace Ave, Albany, NY 12203Off Market
- $413,2003 bd3 ba2.1k sqft119 Terrace Ave, Albany, NY 12203Off Market
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- $395,8006 bd2 ba2.4k sqft122 Homestead Ave, Albany, NY 12203Off Market
- $--3 bd1 ba1.3k sqft122 Homestead Ave #2, Albany, NY 12203Off Market
- $354,8004 bd2 ba2.5k sqft118 Homestead Ave, Albany, NY 12203Off Market
Nearby schools
GreatSchools rating
- 4/10Pine Hills Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 2.8 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Pine Hills
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Albany County
- Albany
- 12203
- Melrose
- 125 Terrace Avenue
