NOT LISTED FOR SALE

Estimated Value: $155,000 - $192,000

5 Beds
2 Baths
1,820 Sq Ft
$97/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $142,000 $78 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,093/month

14 Days on Market

Highlights

  • No HOA
  • Shed
  • Carpet
  • Rear Porch
  • Baseboard Heating

About This Home

As of May 2022

Turn-key rental property. Looking for long-term tenants who have not missed a payment in the last 6 years? Look no further. Roof replaced 7 years ago. Completely remodeled kitchen in downstairs unit. 3br/1ba upstairs (7yr tenant), 2br/1ba downstairs (2yr tenant). Add this cash-flowing property to your portfolio today. Newer electric service professionally serviced by Mel Carr. Meticulously maintained and upgraded by current landlord. Cash-flowing from day one, and room to improve rents and NOI. Separate utilities all paid by tenants.

Last Agent to Sell the Property

Matthew Seeber

518 Realty.Com Inc License #10991206493 Listed on: 02/07/2022

Last Buyer's Agent

James Golembieski

DiBlasi Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1916

Lot Details

  • 3,485 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Rubber Roof
  • Aluminum Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Rear Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for heat, internet, electricity, gas
  • Legal Lot and Block 3 / 2
  • Assessor Parcel Number 381700 122.28-2-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,498

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1916
  • Directions: From Albany: Exit 7E off 787N, continue on 7E to merge onto NY-378E toward S. Troy. Sharp right at the light onto Stow Ave continue S on Stow Ave, East onto Cottage, property on the right.
  • Above Grade Finished Sq Ft: 1820.0
  • Architectural Style: Duplex-Over/Under
  • Lot Size Acres: 0.08
  • Parking Features Parking Total: 2.0
  • Sale Detail Seller Contribution: No
  • Special Listing Conditions Ownership: STAW PROPERTIES LLC
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Rental Income: 1750.0
  • Rental Income Description: Actual
  • Income: 21000.0
  • Income Description: Gross
  • Unit Information Number Of Dryers: 2
  • Unit Information Number Of Washers: 2
  • Ownership: STAW PROPERTIES LLC
  • Flooring:Carpet: Yes
  • Fencing:Back Yard: Yes
  • Flooring:Vinyl: Yes
  • Foundation Details:Block2: Yes
  • Electric:Circuit Breakers: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet
  • Basement: Exterior Entry, Full, Slab
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 1820.0
  • Full Basement: Yes
  • Basement:Slab2: Yes
  • Basement:Exterior Entry: Yes
  • Attic Features:Hatch: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Aluminum Siding
  • Fencing: Back Yard
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Troy

Lot Info

  • Parcel #: 381700 122.28-2-3
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Internet, Electricity, Gas

Tax Info

  • Tax Annual Amount: 4497.92
  • Tax Block: 2
  • Tax Lot: 3

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
May 24, 2022
Sold by
Staw Properties Llc
Bought by
Golembieski James and Haupt David
Seller's Agent
Matthew Seeber
518 Realty.Com Inc
Buyer's Agent
James Golembieski
DiBlasi Real Estate
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%
Current Estimated Value
$175,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,058
Avg. Annual Appreciation
6.39%
Original Mortgage
$106,500
Outstanding Balance
$101,218
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$75,724

Purchase Details

Closed on
Jun 4, 2019
Sold by
Seeber Daniel
Bought by
Staw Properties Llc

Purchase Details

Listed on
Aug 20, 2016
Closed on
Feb 9, 2017
Sold by
Ryan Sharon
Bought by
Seeber Daniel
Seller's Agent
Garry Doyle
Garry Doyle Real Estate
Buyer's Agent
Al martin
KW Platform
List Price
$97,500
Sold Price
$82,250
Premium/Discount to List
-$15,250
-15.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$61,687
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2008
Sold by
Ryan Thomas
Bought by
Reynolds Linda
Source: Public Records

Range of Values:

--
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

Purchase History

Date Buyer Sale Price Title Company
Golembieski James $142,000 None Available
Staw Properties Llc -- --
Seeber Daniel $82,250 Paul Forkeutis
Reynolds Linda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golembieski James $106,500
Previous Owner Seeber Daniel $61,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2022 05/24/22 Sold $142,000 -5.3% $78 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $149,900 +82.2% $82 / Sq Ft
02/09/2017 02/09/17 Sold $82,250 -8.1% $45 / Sq Ft View Prior Sale
11/30/2016 11/30/16 Pending -- -- --
10/14/2016 10/14/16 Price Changed $89,500 -5.3% $49 / Sq Ft
10/03/2016 10/03/16 Price Changed $94,500 -3.1% $52 / Sq Ft
08/19/2016 08/19/16 For Sale $97,500 -- $54 / 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 $7,381 $95,000 $9,200 $85,800
2023 $7,045 $95,000 $9,200 $85,800
2022 $4,745 $95,000 $9,200 $85,800
2021 $1,523 $95,000 $9,200 $85,800
2020 $2,188 $95,000 $9,200 $85,800
2019 -- $95,000 $9,200 $85,800
2018 $3,107 $95,000 $9,200 $85,800
2017 $3,911 $95,000 $9,200 $85,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202211676

Global MLS

APN: 381700 122.28-2-3 01