*Open House Sat 10/3 11a-1p* Fall for the charm of an Albany classic--with the light, space and outdoor living you've been hoping to find! This 4 bed,1.5 bath 1920's Colonial home has curb appeal galore and is set on an elevated corner lot along a beautiful tree-lined Melrose street for a little more breathing room from the neighbors. Step inside the gracious entrance foyer to warm hardwood floors that flow from room to room, beautiful original woodwork, decorative radiator covers and lofty ceilings. Oversized windows fill the home with natural light, creating bright, inviting spaces for relaxing, entertaining or working from home. Whip up dinner in the updated eat-in kitchen with newer stainless steel appliances. Host gatherings in the formal dining room. Relax in the spacious living room or curl up with a good book surrounded by sun loving house plants in the tucked away sunroom. At day's end retreat to your ample bedroom upstairs, and in the morning get fresh in the retro minty green tiled bathroom. Sip your morning coffee on the back porch watching the outdoor play in the fully fenced backyard framed by lush, easy-care plantings that offer a private green escape without spending every weekend on yardwork. Fire up the grill for friends gathered on the huge elevated deck. There is room to store it all in the massive walk-up attic. A rare 2 car garage with openers means no scraping snow off the car on frosty mornings. The roof is just 16 years old, so you can have the peace of mind that there is lots of life left. The woodburning fireplace has not been used and is sold as-is. Just a short commute to Albany's hospitals, colleges, NYS Campus and Nanotech complex, with plenty of shopping, dining and parks nearby.
Contingent - continue to show
$359,900
55 Terrace Avenue, Albany, NY 12203
4beds
1,716sqft
Single Family Residence, Residential
Built in 1927
6,534 Square Feet Lot
$379,800 Zestimate®
$210/sqft
$-- HOA
What's special
Back porchAmple bedroom upstairsPrivate green escapeSun loving house plantsCurb appeal galoreHuge elevated deckBeautiful original woodwork
- 19 days
- 1,610
- 182
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
KW Platform 518-935-4600,
Jenn L Baniak-Hollands 518-512-7784
Source: Global MLS,MLS#: 202627328
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Half bathroom
- Level: First
Full bathroom
- Level: Second
Dining room
- Level: First
Foyer
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Sun room
- Level: First
Heating
- Hot Water, Natural Gas, Radiant
Cooling
- Window Unit(s)
Appliances
- Included: Microwave, Range, Refrigerator, Tankless Water Heater, Washer/Dryer
- Laundry: In Basement
Features
- High Speed Internet, Ceiling Fan(s), Ceramic Tile Bath, Crown Molding, Eat-in Kitchen
- Flooring: Ceramic Tile, Hardwood
- Doors: French Doors, Storm Door(s)
- Windows: Blinds
- Basement: Full,Sump Pump,Unfinished
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
- Finished area above ground: 1,716
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Paved, Detached, Garage Door Opener
- Garage spaces: 2
Features
- Patio & porch: Pressure Treated Deck, Rear Porch
- Exterior features: Lighting
- Fencing: Wood,Back Yard,Fenced,Full,Gate
Lot
- Size: 6,534 Square Feet
- Features: Corner Lot, Garden
Details
- Additional structures: None
- Parcel number: 010100 64.42130
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Roof: Shingle,Asphalt
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Electric: 150 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
- Subdivision: Melrose
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $298,958
- Annual tax amount: $7,599
- Date on market: 10/1/2026
Estimated market value
$379,800
$361,000 - $399,000
$2,302/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Pending sale | $359,900$210/sqft |
Source: | ||
| 10/1/2026 | Listed for sale | $359,900+2.8%$210/sqft |
Source: | ||
| 10/18/2024 | Sold | $350,000+1.4%$204/sqft |
Source: | ||
| 9/13/2024 | Pending sale | $345,000$201/sqft |
Source: | ||
| 9/5/2024 | Listed for sale | $345,000$201/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $287,000 |
| 2024 | -- | $287,000 +32.9% |
| 2023 | -- | $216,000 |
| 2022 | -- | $216,000 |
| 2021 | -- | $216,000 |
| 2020 | -- | $216,000 |
| 2019 | -- | $216,000 |
| 2018 | -- | $216,000 |
| 2017 | $7,370 -0.3% | $216,000 |
| 2016 | $7,392 | $216,000 -1.4% |
| 2015 | -- | $219,000 |
| 2014 | -- | $219,000 |
| 2013 | -- | $219,000 |
| 2012 | -- | $219,000 |
| 2011 | -- | $219,000 |
| 2010 | -- | $219,000 |
| 2009 | -- | $219,000 |
| 2008 | -- | $219,000 |
| 2007 | -- | $219,000 +69.6% |
| 2006 | -- | $129,100 |
| 2005 | -- | $129,100 |
| 2004 | -- | $129,100 |
| 2003 | -- | $129,100 +22.5% |
| 2002 | -- | $105,400 |
| 2001 | -- | $105,400 |
| 2000 | -- | $105,400 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Melrose
Nearby schools
Schools provided by the listing agent
- 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.





