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5 Prospect Terrace, Albany, NY 12208 Property Information

5 Prospect Terrace, Albany, NY 12208 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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5 Prospect Terrace, Albany, NY 12208
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Address

Primary address 5 Prospect Terrace, Albany
Zip code 12208
County Albany
Municipality Albany
Neighborhood Helderberg
Parcel ID 75.43-1-20

Sales & Tax Overview for 5 Prospect Terrace, Albany

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

Sale date 09/02/2022
Sale price $247,000
Arm's length
Property tax $9,493

Lot & Building Information for 5 Prospect Terrace, Albany

Building sqft 1,462
Building class One Family Year-Round Residence (210)
Acreage 0.26
Lot dimensions 70 ft X 162 ft
Frontage 70
Depth 162
Year built 1961
Stories 1
Bedrooms 3
Bathrooms 2
Kitchen 1
Water supply Comm/public
Sewer type Comm/public
Building style Ranch
Condition Normal
Basement type Full
Exterior wall material Wood
Heat Hot water/steam
Fuel Gas
Central air conditioning Yes
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 5 Prospect Terrace, Albany

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About 5 Prospect Terrace, Albany

What is the year built & the total sq. ft. for 5 Prospect Terrace, Albany, NY 12208?

5 Prospect Terrace, Albany, NY 12208 was built in 1961 and has a total of 1,462 square feet.

What is the assessed value of 5 Prospect Terrace, Albany, NY 12208 and the property tax paid?

Assessed at $304,000, the tax amount paid for 5 Prospect Terrace, Albany, NY 12208 is $9,493.

When was 5 Prospect Terrace, Albany, NY 12208 last sold and what was the last sale price?

5 Prospect Terrace, Albany, NY 12208 was last sold in 09/02/2022 for $247,000.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
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.
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Past Sales & Property History for 5 Prospect Terrace, Albany

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Purchase date Purchase price Buyer name Seller name
09/02/2022 $247,000

Title Documents for 5 Prospect Terrace, Albany

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Date Type Amount Party 1 Party 2 Doc image
09/02/2022 - D
09/28/2022 - R
Deed
12/29/1994 - D
01/06/1995 - R
Deed
           
           
           
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R: Recorded date
D: Document date

Property Taxes for 5 Prospect Terrace, Albany

Access detailed property tax data for 5 Prospect Terrace, Albany, NY 12208. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2025-2026
Property tax $9,493
Market value $316,667
Assessed value $304,000

Assessment History for 5 Prospect Terrace, Albany

Here's the assessment & property tax history for 5 Prospect Terrace, 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 $304,000 $304,000 31.2279 $9,493 +48.20%
2024 $306,367 $217,000 29.52 $6,406 -11.67%
2023 $272,203 $217,000 33.42 $7,252 -9.23%
2022 $242,458 $217,000 36.82 $7,990 -3.00%
2021 $232,334 $217,000 37.96 $8,237 -2.16%

Risk

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

Transportation

Access the detailed traffic volume map for 5 Prospect Terrace, 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)
Albany Academy (The) NR Private PK-12 825 0.30
Albany Academy (The) NR Private PK-12 825 0.30
Albany Academies NR Private PK-12 820 0.30
Albany Academies NR Private PK-12 820 0.30
Albany Academies (The) NR Private PK, K-12 0 0.36

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Albany Academy (The) NR Private PK-12 825 0.30
Albany Academies NR Private PK-12 820 0.30
Albany Academies (The) NR Private PK, K-12 0 0.36
Stephen And Harriet Myers Middle School 2 Public 6-12 641 0.43
Neil Hellman School/Parsons Child & Family Center NR Private 3-12 132 0.46

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Albany Academy (The) NR Private PK-12 825 0.30
Albany Academies NR Private PK-12 820 0.30
Albany Academies (The) NR Private PK, K-12 0 0.36
Stephen And Harriet Myers Middle School 2 Public 6-12 641 0.43
Neil Hellman School/Parsons Child & Family Center NR Private 3-12 132 0.46

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

Neighbors for 5 Prospect Terrace, Albany

Here are the neighbors for 5 Prospect Terrace, Albany.

Address Square feet Purchase date Purchase price
71 Ramsey Pl, Albany 1,534
82 Ramsey Pl, Albany 1,117 11/01/2021 $220,000
170 Hackett Blvd, Albany 1,749 05/27/2003 $127,000
167 Hackett Blvd, Albany 1,300 07/31/2006 $135,000
73 Ramsey Pl, Albany 1,275 04/20/2016
75 Ramsey Pl, Albany 780 08/16/1998 $1
69 Ramsey Pl, Albany 1,287
67 Ramsey Pl, Albany 1,428 11/07/2019
72 Ramsey Pl, Albany 1,117 05/08/2020
77 Ramsey Pl, Albany 1,080 08/16/1994 $53,000
78 Ramsey Pl, Albany 1,357 12/22/2014 $100,000
76 Ramsey Pl, Albany 755 09/19/2025
147 Hackett Blvd, Albany 1,280 06/25/1999 $114,000
79 Ramsey Pl, Albany 2,508 03/05/2003
1 Prospect Ter, Albany 2,060 09/16/2008
149 Hackett Blvd, Albany 1,534 08/10/2012 $148,000
80 Ramsey Pl, Albany 1,117 07/30/2020
74 Ramsey Pl, Albany 1,756 11/17/2022 $232,500
172 Hackett Blvd, Albany 1,749 07/31/2025 $360,000
3 Prospect Ter, Albany 1,293 01/30/2020 $192,000

Nearby ZIP Codes for 5 Prospect Terrace, Albany

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