NOT LISTED FOR SALE

Estimated Value: $566,117

-- Bed
4 Baths
4,752 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $417,000 $88 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,225/month

288 Days on Market

Highlights

  • Active Adult
  • Window Unit Cooling System
  • Level Lot
  • No HOA
  • Hot Water Heating System
  • 4-minute walk to Barker Park

About This Home

As of March 2019

AMAZING OPPORTUNITY TO GET IN ON THE GROUND FLOOR IN BOOMING DOWNTOWN TROY! TROY IS THE NEW BROOKLYN / SARATOGA - THIS MIXED USE 4 FAMILY COMES WITH 3 APTS AND A RESTAURANT BELOW WITH A 5 YEAR GRADUATED LEASE - THIS IS A MONEY MAKER! YOU CANT ASK FOR A BETTER DOWNTOWN COMMERCIAL AND HIGH END RENTAL SPOT IN TROY - BRAND NEW APT COMPLEX BEING BUILT LITERALLY ACROSS THE STREET! STEPS FROM RPI AND RUSSELL SAGE COLLEGE CAMPUS!!! Excellent Condition

Last Agent to Sell the Property

Kareem Jandali

Jandali Realty License #10371200250 Listed on: 04/30/2018

Last Buyer's Agent

T Michael Ferrigan

Berkshire Hathaway Home Services Blake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,608

Year Built

  • Built in 1927

Lot Details

  • Lot Dimensions are 39x48
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 4,752 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for heat
  • Legal Lot and Block 8 / 5
  • Assessor Parcel Number 381700 101.53-5-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,608

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1927
  • Directions: RIGHT IN DOWNTOWN TROY
  • Above Grade Finished Sq Ft: 4752.0
  • Architectural Style: Quads
  • Financial Details General Taxes: 6890.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 6718.0
  • Lot Size: 39X48
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Income: 55800.0
  • Income Description: Actual
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Unit Information Number Of Washers: 1
  • Subdivision Name: Downtown Troy
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 4752.0
  • Owner Pays: Heat
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Window Unit(s)
  • Heating: Hot Water, Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: 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: Level
  • Parcel #: 381700 101.53-5-8

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Annual Amount: 13608.0
  • Tax Block: 5
  • Tax Lot: 8
  • Tax Tract: 101.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Mar 15, 2019
Sold by
Stevens Brad and Stevens Marissa
Bought by
Village Blue Llc
Seller's Agent
Kareem Jandali
Jandali Realty
Buyer's Agent
T Michael Ferrigan
Berkshire Hathaway Home Services Blake
List Price
$460,000
Sold Price
$417,000
Premium/Discount to List
-$43,000
-9.35%
Current Estimated Value
$566,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,117
Avg. Annual Appreciation
4.75%
Original Mortgage
$292,000
Outstanding Balance
$256,195
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$309,922

Purchase Details

Closed on
Nov 8, 2012
Sold by
Uncle Rickys Llc
Bought by
Stevens Brad

Purchase Details

Closed on
Aug 26, 2009
Sold by
Heer Dean W
Bought by
Uncle Rickys Llc

Purchase Details

Closed on
Apr 13, 2009
Sold by
Advanced Simplicity Solut Ions Llc
Bought by
Heer Delores

Purchase Details

Closed on
Apr 3, 2009
Sold by
Advanced Simplicity Solut Ions Llc
Bought by
Heer Delores

Purchase Details

Closed on
Jan 25, 2007
Sold by
Parella Phillip C
Bought by
Advanced Simplicity Solutions Llc

Purchase Details

Closed on
Jul 28, 2003
Sold by
Gpe Inc
Bought by
Parella Philip C

Purchase Details

Closed on
Jul 24, 2001
Sold by
Prime Property Mgt Inc
Bought by
Schrader Ralph

Purchase Details

Closed on
Jun 21, 2000
Sold by
Ganz Marc
Bought by
Prime Property Mgmt Inc
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Village Blue Llc $365,000 --
Stevens Brad $310,000 Jessica Stoner
Uncle Rickys Llc $92,000 James Mitskin
Heer Delores -- Sharon Freyer
Heer Delores -- Sharon Freyer
Advanced Simplicity Solutions Llc $150,000 Henry Bauer
Parella Philip C $60,000 --
Schrader Ralph $75,000 --
Prime Property Mgmt Inc $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Village Blue Llc $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold $417,000 -9.3% $88 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $460,000 0.0% $97 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
09/18/2017 09/18/17 For Sale $460,000 -- $97 / 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 $14,958 $310,000 $12,000 $298,000
2023 $14,962 $310,000 $12,000 $298,000
2022 $14,432 $310,000 $12,000 $298,000
2021 $3,801 $310,000 $12,000 $298,000
2020 $7,139 $310,000 $12,000 $298,000
2019 -- $310,000 $12,000 $298,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201718557

Global MLS

APN: 381700 101.53-5-8