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  • $359,900

    55 Terrace Avenue, Albany, NY 12203

    4beds
    1,716sqft
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    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
    *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.
    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#: 202627328MLS Logo

      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

        DateEventPrice
        10/6/2026Pending sale$359,900$210/sqft
        Source: Global MLS #202627328 Report a problem
        10/1/2026Listed for sale$359,900+2.8%$210/sqft
        Source: Global MLS #202627328 Report a problem
        10/18/2024Sold$350,000+1.4%$204/sqft
        Source: Global MLS #202424824 Report a problem
        9/13/2024Pending sale$345,000$201/sqft
        Source: Global MLS #202424824 Report a problem
        9/5/2024Listed for sale$345,000$201/sqft
        Source: Global MLS #202424824 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Melrose

        Getting around

        48 / 100
        Car-Dependent
        49 / 100
        Some Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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