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56 Terrace Avenue, Albany, NY 12203 Property Information

56 Terrace Avenue, Albany, NY 12203 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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56 Terrace Avenue, Albany, NY 12203
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Address

Primary address 56 Terrace Avenue, Albany
Zip code 12203
County Albany
Municipality Albany
Neighborhood Melrose
Parcel ID 64.42-1-40

Sales & Tax Overview for 56 Terrace Avenue, Albany

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/22/2022
Sale price $214,900
Arm's length
Property tax $7,838

Lot & Building Information for 56 Terrace Avenue, Albany

Building sqft 1,406
Building class One Family Year-Round Residence (210)
Acreage 0.115
Lot dimensions 40 ft X 125 ft
Frontage 40
Depth 125
Year built 1935
Stories 2
Bedrooms 4
Bathrooms 1
Half bathrooms 1
Kitchen 1
Water supply Comm/public
Sewer type Comm/public
Building style Old style
Condition Normal
Basement type Full
Exterior wall material Alum/vinyl
Heat Hot water/steam
Fuel Gas
Fireplaces 1
First story sqft
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Albany

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Other Property Data for 56 Terrace Avenue, Albany

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About 56 Terrace Avenue, Albany

What is the year built & the total sq. ft. for 56 Terrace Avenue, Albany, NY 12203?

56 Terrace Avenue, Albany, NY 12203 was built in 1935 and has a total of 1,406 square feet.

What is the assessed value of 56 Terrace Avenue, Albany, NY 12203 and the property tax paid?

Assessed at $251,000, the tax amount paid for 56 Terrace Avenue, Albany, NY 12203 is $7,838.

When was 56 Terrace Avenue, Albany, NY 12203 last sold and what was the last sale price?

56 Terrace Avenue, Albany, NY 12203 was last sold in 12/22/2022 for $214,900.

Ownership Information

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Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
Laura Pop-Badiu, Apr 09, 2026 How to Do a Title Search on Property Yourself: A Step-by-Step Online GuideĀ 
A property title search is the process of reviewing public records to confirm who legally owns a property and whether there are any liens, mortgages or legal claims attached to it. Explore our step-by-step guide explaining how you can perform a title search yourself. 
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
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  • 20+ years of real estate experience
Learn More

Past Sales & Property History for 56 Terrace Avenue, Albany

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Purchase date Purchase price Buyer name Seller name
12/22/2022 $214,900
07/18/2018 $175,000
       
       
       
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Title Documents for 56 Terrace Avenue, Albany

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/22/2022 - D
01/18/2023 - R
Deed
07/18/2018 - D
07/19/2018 - R
Deed
           
           
           
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R: Recorded date
D: Document date

Property Taxes for 56 Terrace Avenue, Albany

Access detailed property tax data for 56 Terrace Avenue, Albany, NY 12203. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2025-2026
Property tax $7,838
Market value $261,458
Assessed value $251,000

Assessment History for 56 Terrace Avenue, Albany

Here's the assessment & property tax history for 56 Terrace Avenue, Albany, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $251,000 $251,000 31.2279 $7,838 +49.17%
2024 $251,306 $178,000 29.52 $5,255 -11.67%
2023 $223,281 $178,000 33.42 $5,949 -9.23%
2022 $198,883 $178,000 36.82 $6,554 -3.00%
2021 $190,578 $178,000 37.96 $6,757 -2.16%

Risk

Create a free account to unlock extended information for 56 Terrace Avenue, Albany, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) X (See more on map)

Transportation

Access the detailed traffic volume map for 56 Terrace Avenue, Albany to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
All Saints Catholic Academy NR Private PK-8 211 0.38
All Saints Catholic Academy NR Private PK-8 211 0.38
Pine Hills Elementary School 2 Public PK, K-5 333 0.46
Pine Hills Elementary School 2 Public PK, K-5 333 0.46
St Catherine's Center For Children R & E May School NR Private K-6 61 0.74

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
All Saints Catholic Academy NR Private PK-8 211 0.38
St Anne Institute NR Private 7-12 53 0.79
La Salle School NR Private 7-12 65 0.87
Lasalle School NR Private 6-12 63 0.87
Blessed Sacrament School NR Private PK-8 163 0.88

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
St Anne Institute NR Private 7-12 53 0.79
Albany High School 4 Public 9-12 2,676 0.87
La Salle School NR Private 7-12 65 0.87
Lasalle School NR Private 6-12 63 0.87
Maimonides Hebrew Day School NR Private PK-12 86 1.06

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 56 Terrace Avenue, Albany

Here are the neighbors for 56 Terrace Avenue, Albany.

Address Square feet Purchase date Purchase price
32 Eileen St, Albany 1,532 03/27/1998 $1
46 Melrose Ave, Albany 1,482
31 Fairlawn Ave, Albany 1,876 09/03/2021 $312,000
28 Homestead Ave, Albany 1,923 06/25/2006 $295,000
37 Fairlawn Ave, Albany 1,462 09/16/2021 $220,000
18 Eileen St, Albany 1,442
58 Terrace Ave, Albany 1,968 07/21/1994 $17,000
50 Terrace Ave, Albany 1,638 08/27/2020 $174,000
20 Eileen St, Albany 1,400 05/13/2016 $145,500
33 Fairlawn Ave, Albany 1,899 05/06/2020
26 Eileen St, Albany 1,740
16 Eileen St #A, Albany 1,386 12/16/2022 $240,000
62 Terrace Ave, Albany 1,576 05/11/2015
27 Fairlawn Ave, Albany 1,748
48 Terrace Ave, Albany 1,749 04/27/2018
35 Fairlawn Ave, Albany 1,611 09/20/2021 $80,700
29 Fairlawn Ave, Albany 2,354 04/09/2015 $184,000
28 Eileen St, Albany 1,972 04/24/2020
40 Melrose Ave, Albany 2,274 11/05/2021 $270,000
44 Terrace Ave, Albany 1,874 05/15/2024

Nearby ZIP Codes for 56 Terrace Avenue, Albany

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