E
Seller's Agent in 2016
Elisa Foley
William Raveis Real Estate
12 Cottage St Troy, NY 12180
South Troy NeighborhoodEstimated Value: $246,000 - $3,958,000
82
Beds
82
Baths
45,000
Sq Ft
$26/Sq Ft
Est. Value
Highlights
- 2.74 Acre Lot
- Forced Air Heating System
- Level Lot
About This Home
As of May 2016Great investment opportunity in Troy, NY! Located just outside the entrance to the Hudson Valley Community College campus (which currently serves 13,000 students each semester and is in the process of expanding), this complex is operating as a 162-bed student housing facility. There is great potential for a savvy investor to enhance the current operation or modify and expand the complex for alternate use. Two separate two-story buildings totaling approx 45,000 sq ft, private parking and an adjacent single family home are included in the sale. Walking distance to grocery stores, banks, restaurants and regional shopping.
Last Agent to Sell the Property
Elisa Foley
William Raveis Real Estate Brokerage Phone: 203-869-9263 License #10401270240 Listed on: 05/01/2015
Last Buyer's Agent
Non Non Member-MLS
Non-Member MLS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $42,290
Year Built
- Built in 1960
Lot Details
- 2.74 Acre Lot
- No Common Walls
- Level Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 45,000 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 82 Bedrooms
- 82 Full Bathrooms
Parking
- 100 Parking Spaces
- Private Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 1127-711-0381700
Community Details
Overview
- 81 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2015
Closed on
May 18, 2016
Sold by
Bought by
Seller's Agent
Elisa Foley
William Raveis Real Estate
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$3,599,000
Sold Price
$2,300,000
Premium/Discount to List
-$1,299,000
-36.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,121,725
Avg. Annual Appreciation
-6.38%
Original Mortgage
$1,725,000
Outstanding Balance
$1,347,507
Interest Rate
3.59%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$169,232
Purchase Details
Closed on
Dec 31, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,704
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 28, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,748
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 20, 2002
Sold by
Bought by
Purchase Details
Closed on
Dec 29, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,300,000 | Carolyn George | ||
| -- | -- | ||
| $115,000 | Arthur Glass | ||
| -- | -- | ||
| $83,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,725,000 | ||
| Previous Owner | $142,704 | ||
| Previous Owner | $112,748 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2016 05/18/16 | Sold | $2,300,000 | -36.1% | $51 / Sq Ft |
| 03/11/2016 03/11/16 | Pending | -- | -- | -- |
| 05/01/2015 05/01/15 | For Sale | $3,599,000 | -- | $80 / Sq Ft |
Source: OneKey® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $7,885 | $121,000 | $19,000 | $102,000 |
| 2024 | $7,885 | $121,000 | $19,000 | $102,000 |
| 2023 | $8,383 | $121,000 | $19,000 | $102,000 |
| 2022 | $5,350 | $121,000 | $19,000 | $102,000 |
| 2021 | $1,854 | $121,000 | $19,000 | $102,000 |
| 2020 | $2,152 | $121,000 | $19,000 | $102,000 |
| 2019 | $4,370 | $121,000 | $19,000 | $102,000 |
| 2018 | $3,884 | $121,000 | $19,000 | $102,000 |
| 2017 | $4,370 | $121,000 | $19,000 | $102,000 |
| 2016 | $4,596 | $121,000 | $19,000 | $102,000 |
| 2015 | -- | $121,000 | $19,000 | $102,000 |
| 2014 | -- | $121,000 | $19,000 | $102,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2016
Non Non Member-MLS
Non-Member MLS
Map
Source: OneKey® MLS
MLS Number: KEY4513103
APN: 1700-122.28-1-3
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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