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7 Melrose Ave; Albany, NY Property Details

7 Melrose Ave, Albany, NY is a Single Family that was built in 1940. This property is currently a cash purchase and is not for sale. Our records show that 7 Melrose Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 1,982 square feet. The lot size of 7 Melrose Ave is 6,250 square feet.

Off market
7 Melrose Ave Albany, NY 12203
$276,000 Listing Price
4 Beds
2.5 Baths
1,982 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1940
  • Purchase Price: $115,000
  • Open Loans / Balance: 1 / $215,249
  • Est. Equity / %: $194,751 / 47.5%
  • Gross Yield: 7.542%
  • APN: 010100 64.42-2-73
  • Situs County: Albany
  • Length Of Ownership: 9 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Porch Type: Open
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Patio Type: Patio

Measurements

  • Total: 1,982/SqFt
  • Lot: 6,250/SqFt
  • Living: 1,982/SqFt
  • Building: 1,982/SqFt
  • Ground: 1,026/SqFt
  • Price Per Square Foot: $58.02

Legal Description

  • Description: 2 COMP WOOD 1810725
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albany City School District
  • Lat / Lon: 42.670246 / -73.7964
  • Property Class: Residential
  • Zoning: R2A
  • County Use Code: 210

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1909
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

7 Melrose Ave has no associated ownership info
7 Melrose Ave has no associated ownership info.

Taxes

7 Melrose Ave has 10 associated Taxes items

7 Melrose Ave, Albany, NY pays taxes in Albany County, NY. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $332,000. The APN we've located for 7 Melrose Ave is 010100 64.42-2-73.

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Taxes
  • Assessed Value:  $332,000
  • Assessed Year:  2025
  • Assessed County:  Albany
  • APN:  010100 64.42-2-73
  • Assessed Land Value:  66400
  • Market Land Value:  69167
  • Tax Amount:  8653
  • Tax Year:  2026
  • Market Value:  345833
  • Market Year:  2025

Tax History

7 Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $8,653 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $332,000 Land Value $66,400 Improvement Value $265,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $332,000 Land Value $66,400 Improvement Value $265,600 Tax Amount $7,269 Change Rate +0.41526% Assessed CR Tax Rate +0.021895%
Year 2023 Assessed Value $130,000 Land Value $49,000 Improvement Value $81,000 Tax Amount $5,136.16 Change Rate +0.009229% Assessed CR Tax Rate +0.039509%
Year 2022 Assessed Value $130,000 Land Value $49,000 Improvement Value $81,000 Tax Amount $5,089.19 Change Rate +0.003095% Assessed CR Tax Rate +0.039148%
Year 2021 Assessed Value $130,000 Land Value $49,000 Improvement Value $81,000 Tax Amount $5,073.49 Change Rate +1.705861% Assessed CR Tax Rate +0.039027%
Year 2020 Assessed Value $130,000 Land Value $49,000 Improvement Value $81,000 Tax Amount $1,875 Change Rate -0.09561% Assessed CR Tax Rate +0.014423%
Year 2019 Assessed Value $130,000 Land Value $49,000 Improvement Value $81,000 Tax Amount $2,073.22 Change Rate -0.324206% Assessed CR Tax Rate +0.015948%
Year 2018 Assessed Value $130,000 Land Value $49,000 Improvement Value $81,000 Tax Amount $3,067.83 Change Rate Assessed CR Tax Rate +0.023599%
Year 2017 Assessed Value $130,000 Land Value $49,000 Improvement Value $81,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $246,000 Land Value $49,000 Improvement Value $197,000 Tax Amount $3,571 Change Rate -0.630335% Assessed CR Tax Rate +0.014516%
Year 2015 Assessed Value $256,400 Land Value $51,300 Improvement Value $205,100 Tax Amount $9,660.09 Change Rate Assessed CR Tax Rate +0.037676%
Year 2014 Assessed Value $256,400 Land Value $51,300 Improvement Value $205,100 Tax Amount Change Rate Assessed CR Tax Rate