488 Madison Avenue, Albany, NY 12208 Property Information
488 Madison Avenue, Albany, NY 12208 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 488 Madison Avenue, Albany |
| Zip code | 12208 |
| County | Albany |
| Municipality | Albany |
| Neighborhood | Park South |
| Parcel ID | 76.23-2-4 |
Sales & Tax Overview for 488 Madison Avenue, Albany
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 05/18/2021 |
| Sale price | $300,000 |
| Arm's length | Register |
| Property tax | $9,930 |
Lot & Building Information for 488 Madison Avenue, Albany
| Building sqft | 4,543 |
| Building class | Apartments (411) |
| Acreage | 0.044 |
| Lot dimensions | 19 ft X 100 ft |
| Frontage | 19 |
| Depth | 100 |
| Year built | 1875 |
| Stories | 3 |
| Water supply | Comm/public |
| Sewer type | Comm/public |
| Story height | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 488 Madison Avenue, Albany
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 488 Madison Avenue, Albany , including their type, square footage, grade and when they were built.
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About 488 Madison Avenue, Albany
488 Madison Avenue, Albany, NY 12208 was built in 1875 and has a total of 4,543 square feet.
What is the assessed value of 488 Madison Avenue, Albany, NY 12208 and the property tax paid?Assessed at $318,000, the tax amount paid for 488 Madison Avenue, Albany, NY 12208 is $9,930.
When was 488 Madison Avenue, Albany, NY 12208 last sold and what was the last sale price?488 Madison Avenue, Albany, NY 12208 was last sold in 05/18/2021 for $300,000.
How many residential units does this building have?This building has 4 residential unit(s).
Ownership Information
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Past Sales & Property History for 488 Madison Avenue, Albany
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| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 05/18/2021 | $300,000 | Register | Register |
Title Documents for 488 Madison Avenue, Albany
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R: Recorded date
D: Document date
Property Taxes for 488 Madison Avenue, Albany
Access detailed property tax data for 488 Madison Avenue, Albany, NY 12208. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year | 2025-2026 |
| Property tax | $9,930 |
| Market value | $331,250 |
| Assessed value | $318,000 |
Assessment History for 488 Madison Avenue, Albany
Here's the assessment & property tax history for 488 Madison 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 | $318,000 | $318,000 | 31.2279 | $9,930 | +47.61% |
| 2024 | $321,756 | $227,900 | 29.52 | $6,728 | -11.67% |
| 2023 | $285,876 | $227,900 | 33.42 | $7,616 | -9.23% |
| 2022 | $254,637 | $227,900 | 36.82 | $8,391 | -3.00% |
| 2021 | $244,004 | $227,900 | 37.96 | $8,651 | -2.16% |
Demographics by Zip Code
| Total population | 23,289 |
| Median age | 33.1 |
| Average household income | $95,512 |
| Family households | 38.8% |
| Occupied housing units | 10,584 |
| Owner occupied units | 45.1% |
| Average number of people per household | 2.01 |
| Median year structure built | 1954 |
| Median value for units with a mortgage | $261,900 |
| Median value for units without a mortgage | $270,700 |
Risk
Create a free account to unlock extended information for 488 Madison 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 488 Madison 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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Neighbors for 488 Madison Avenue, Albany
Here are the neighbors for 488 Madison Avenue, Albany.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 486 Madison Ave, Albany | 2,724 | 12/23/2010 | |
| 480 Madison Ave, Albany | 3,534 | ||
| 448 Madison Ave, Albany | 5,105 | 05/01/2018 | $200,000 |
| 321 Lark St, Albany | 08/14/1996 | $600 | |
| 325 Lark St, Albany | 2,280 | 04/05/2023 | $270,000 |
| 496 Madison Ave, Albany | 2,653 | 04/23/2025 | $295,000 |
| 450 Madison Ave, Albany | 2,816 | 06/24/2020 | $270,000 |
| 442 Madison Ave, Albany | 1,796 | 02/09/2022 | $2,700,000 |
| 323 Lark St, Albany | 06/05/2000 | $16,000 | |
| 490 Madison Ave, Albany | 3,960 | 08/27/2013 | $365,000 |
| 494 Madison Ave, Albany | 2,544 | 08/21/2012 | $180,500 |
| 131 Knox St, Albany | 2,457 | 05/04/2023 | $213,000 |
| 482 Madison Ave, Albany | 3,264 | ||
| 2 New Scotland Ave, Feura Bush | |||
| 57 Dana Ave, Albany | 2,902 | 05/19/2025 | $252,500 |
| 137 Knox St, Albany | 2,404 | 09/12/2007 | $630,000 |
| 133 Knox St, Albany | 3,000 | 09/30/2025 | $317,000 |
| 484 Madison Ave, Albany | 2,724 | 09/05/2024 | $380,000 |
| 135 Knox St, Albany | 2,520 | 09/12/2007 | $160,000 |
| 492 Madison Ave, Albany | 2,995 | 08/28/2018 |