NOT LISTED FOR SALE

Estimated Value: $341,000 - $382,480

10 Beds
6 Baths
4,500 Sq Ft
$82/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $259,900 $58 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,931/month

8 Days on Market

Highlights

  • Active Adult
  • Wood Burning Stove
  • Wood Flooring
  • Deck
  • Wooded Lot
  • No HOA

About This Home

As of September 2020

Wow! A fully occupied 6-unit in South Troy just waiting for you to appreciate the value. Same owner for many years has left rents well below market rate. Tenants pay own gas, electric & hot water. Most are month-to-month. Spacious rooms, some updated bathrooms, updated windows & large fenced backyard. Sewer pipe recently replaced. Roof recently coated. Some newer electrical. Easy access to 787, I-87, I-90, bus route. Within stones throw of Rt. 4 shopping plazas, Menands Bridge. Access to Mohawk Hudson bike path. 48 hrs notice for scheduling showings. Covid questionnaire required prior to confirmation. Mask & disposable gloves to be worn. Very Good Condition

Last Agent to Sell the Property

Jenn Baniak-Hollands

KW Platform Listed on: 07/30/2020

KW Platform

Last Buyer's Agent

Denise Grant

Howard Hanna Capital, Inc. License #10401323192

Howard Hanna Capital, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,986

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x113
  • Fenced
  • Cleared Lot
  • Wooded Lot

Home Design

  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • Wood Burning Stove
  • Unfinished Basement
  • Exterior Basement Entry
  • Storm Windows

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity, gas
  • The owner pays for trash collection, sewer, snow removal, water, grounds care
  • Legal Lot and Block 15 / 4
  • Assessor Parcel Number 381700 111.84-4-15

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $2,970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,986

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1940
  • Directions: I787 to Rt 378 to Troy then right onto Stow Ave. Property is on left.
  • Above Grade Finished Sq Ft: 4500.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 3956.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4030.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.13
  • Lot Size: 50x113
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number of Separate Water Meters: 1
  • Insurance Expense Description: Actual
  • Income And Expenses Maintenance Expense: 5586.0
  • Water Sewer Expense Description: Actual
  • Income And Expenses Miscellaneous Expense: 2586.0
  • Miscellaneous Expense Description: Actual
  • Income: 41400.0
  • Income Description: Actual
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Subdivision Name: South Troy
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Vinyl: Yes
  • Fencing:Fenced: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Ceramic Tile, Hardwood, Laminate
  • Basement: Bilco Doors, Exterior Entry, Unfinished
  • Living Area: 4500.0
  • Window Features: Storm Window(s)
  • Owner Pays: Trash Collection, Sewer, Snow Removal, Water, Grounds Care
  • Basement:Exterior Entry: Yes
  • Attic Features:None16: Yes
  • Basement:Bilco Doors: Yes
  • Basement:Unfinished: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Snow Removal7: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Snow Removal8: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 4 Owner Furnish Features:Maintenance Grounds5: Yes
  • Unit 5 Owner Furnish Features:Maintenance Grounds6: Yes
  • Unit 6 Owner Furnish Features:Maintenance Grounds9: Yes
  • Unit 6 Owner Furnish Features:Sewer10: Yes
  • Unit 6 Owner Furnish Features:Snow Removal11: Yes
  • Unit 6 Owner Furnish Features:Trash9: Yes
  • Unit 6 Owner Furnish Features:Water11: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Vinyl Siding
  • Fencing: Fenced
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Cleared: Yes
  • Window Features:Storm Window(s): Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Wood Stove
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Wood Stove3: 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: Wooded, Cleared
  • Parcel #: 381700 111.84-4-15
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 2970.0
  • Number Of Units Total: 6
  • Maintenance Expense: 5586.0

Tax Info

  • Tax Annual Amount: 7986.0
  • Tax Block: 4
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 9, 2020
Sold by
Stow Apartments Llc
Bought by
Focus Day Llc
Seller's Agent
Jenn Baniak-Hollands
KW Platform
Buyer's Agent
Denise Grant
Howard Hanna Capital, Inc.
List Price
$259,900
Sold Price
$259,900
Current Estimated Value
$356,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,461
Avg. Annual Appreciation
6.86%
Original Mortgage
$259,900
Outstanding Balance
$229,594
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$138,276

Purchase Details

Closed on
Jan 28, 2011
Sold by
Smolinski Joy
Bought by
Stow Apartments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Focus Day Llc $259,900 None Available
Focus Day Llc $259,900 None Available
Focus Day Llc $259,900 None Available
Stow Apartments Llc -- --
Stow Apartments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Focus Day Llc $259,900
Closed Focus Day Llc $259,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $259,900 0.0% $58 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $259,900 -- $58 / Sq Ft
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 $747 $16,000 $16,000 $0
2023 $146,135 $175,000 $8,500 $166,500
2022 $9,042 $175,000 $8,500 $166,500
2021 $3,106 $175,000 $8,500 $166,500
2020 $4,030 $175,000 $7,000 $168,000
2019 $5,724 $175,000 $7,000 $168,000
2018 $5,724 $175,000 $7,000 $168,000
2017 $5,698 $175,000 $7,000 $168,000
2016 $7,531 $175,000 $7,000 $168,000
2015 -- $175,000 $7,000 $168,000
2014 -- $175,000 $7,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202023972

Global MLS

APN: 1700-111.84-4-15