NOT LISTED FOR SALE
-- Bed
-- Bath
46,080 Sq Ft
6.08 Acres

Last Sold March 08, 2018

Last sale price $3,875,000 $84 Per Sq Ft

147 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Forced Air Heating and Cooling System
  • 6.08 Acre Lot
  • Landscaped
  • 1-minute walk to Peebles Island State Park

About This Home

As of March 2018

48 apartment units located in Troy, NY. East Side Terrace was built in 2007 and is 100% occupied and all residents are in good standing. These spacious, 960 sq/ft, 2-bedroom apartments feature large kitchens, bathrooms and are equipped with central heat & air. Plenty of off street parking, current owner has spent significant money stabilizing the property and has established a solid tenant base by vetting all tenants using a background/credit check. Excellent Condition

Last Agent to Sell the Property

John Bevilacqua

EXIT Realty Capitals Choice Listed on: 07/05/2017

Last Buyer's Agent

Jerid Meagan

NGB Property Management LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $86,840

Year Built

  • Built in 2007

Lot Details

  • 6.08 Acre Lot
  • Landscaped

Home Design

  • 46,080 Sq Ft Home
  • Vinyl Siding
  • Asphalt

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • The owner pays for trash collection, parking fee, snow removal, grounds care
  • Legal Lot and Block 12.115 / 4
  • Assessor Parcel Number 381700 381700 112-4-12.115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$86,840

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 2007
  • Directions: Take Exit 7E off 787 and cross over Troy/Menands Bridge (378) make right onto Mill St, make left onto Campbell Ave, left again on Project Rd.
  • Above Grade Finished Sq Ft: 46080.0
  • Architectural Style: Other, See Remarks
  • Lot Size Acres: 6.08
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Living Area: 46080.0
  • Owner Pays: Trash Collection, Parking Fee, Snow Removal, Grounds Care
  • Basement:None15: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Owner Pays:Parking Fee2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Troy

Lot Info

  • Lot Features: Landscaped
  • Parcel #: 381700 381700 112-4-12.115
  • Lot Size Sq Ft: 264844.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 86840.0
  • Tax Block: 4
  • Tax Lot: 12.115

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2018 03/08/18 Sold $3,875,000 -2.5% $84 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
09/27/2017 09/27/17 Price Changed $3,975,000 -3.6% $86 / Sq Ft
07/05/2017 07/05/17 For Sale $4,125,000 0.0% $90 / Sq Ft
12/18/2015 12/18/15 Rented $850 0.0% --
10/29/2015 10/29/15 For Rent $850 -- --
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $93,417 $2,000,000 $210,000 $1,790,000
2023 $92,350 $2,000,000 $210,000 $1,790,000
2022 $90,608 $2,000,000 $210,000 $1,790,000
2021 $22,775 $2,000,000 $210,000 $1,790,000
2020 $46,060 $2,000,000 $210,000 $1,790,000
2019 $65,416 $2,000,000 $210,000 $1,790,000
2018 $65,416 $2,000,000 $210,000 $1,790,000
2017 $65,119 $2,000,000 $210,000 $1,790,000
2016 $1,043 $2,000,000 $210,000 $1,790,000
2015 -- $2,000,000 $210,000 $1,790,000
2014 -- $2,000,000 $210,000 $1,790,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201713134

Global MLS

APN: 1700-112-4-12.115