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$299,000

Listing Price

3beds

2baths

1,638sqft

5,000sqft lot

50 Terrace Ave, Albany, NY 12203

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

208.76

Price / sqft

1927

Year built

Home Details

MULTIPLE OFFERS RECEIVED. Best and Final offer is due on Monday (5/11) at 1:00pm. This three-bedroom, 11/2 bath home is located in Albany's Melrose neighborhood and blends classic character with thoughtful modern updates. Conveniently located close to Crossgates Mall, parks, shopping, hospitals, major highways and entertainment venues.nnStep inside to find hardwood floors and nine-foot ceilings, rustic beams, and generously sized living spaces. The 21x14 living room features a cozy wood-burning fireplace with built-ins, while the formal dining room flows into a den or playroom overlooking the backyard. The kitchen, equipped with stainless steel appliances, offers abundant cabinet and counter space. Enclosed front and back porches provide additional living space for relaxing during the warmer months.nnUpstairs you will find three spacious bedrooms with ample closet space and a full bath with laundry. The third bedroom offers a bonus space that can be used as a home office or playroom.nnOutside, enjoy a sunny backyard with a combination of chain link and new vinyl fencing, along with a spacious detached garage.nnRecent updates include: half bath (2026), new garage roof (2025), new back roof (2024), repaved driveway (2023), new water service line (2022), new electrical panel (2021), full bathroom remodel (2020), refinished hardwood floors (2020), new hot water heater (2020), new chimney liner (2020).

Interior Details

Square Feet
  • 1638

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5000

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Mixed

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Traditional/old

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$6,259

$44,000

$176,000

--%

$220,000

2018

$7,337

$44,000

$176,000

--%

$220,000

2017

$2,295

$44,000

$176,000

--%

$220,000

2016

$2,229

$44,000

$176,000

--%

$220,000

2015

$2,277

$44,500

$178,000

--%

$222,500

2013

$2,353

$44,500

$178,000

--%

$222,500

2011

$2,196

$44,500

$178,000

--%

$222,500

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Average Home Price in 12203

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Bed

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3 Beds

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Sold 10/05/2026

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4 Beds

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Sold 10/05/2026

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5 Beds

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Sold 09/29/2026

$325,000

3 Beds

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Sold 10/05/2026

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2 Beds

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Sold 10/05/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
299,000
$
Down payment
59,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,794
$
HOA (Monthly)
0
$
PMI
0
$
$1,935
Your Payment
Total Monthly Payment:$1,935
Percent of Income:33%
Affordable:No

Details for 50 TERRACE AVE

Property Debt

Foreclosure Contact Details