NOT LISTED FOR SALE

Estimated Value: $355,000 - $538,404

10 Beds
3 Baths
4,905 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $425,000 $87 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,960/month

100 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Patio
  • Wood Flooring
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of December 2021

Massive almost 5,000 sqft Brick Brownstone! Completely rehabbed 3 family located opposite Troy's Capital Roots Produce Project, overlooking entire City of Troy. Conveniently located just minutes to all downtown Troy has to offer plus, RPI, Sage, Troy's hospitals and 787 (only 10 minutes to downtown Albany!). Huge 3 & 4 bedroom flats make this the perfect property for college rentals or local professionals. This beautiful, low maintenance property is sure to be a money maker (+-10% cap rate when fully rented)! 1st floor recently rented for $1,800/month. Adjacent vacant lot can be purchased in a separate transaction. Call today to schedule your showing! Excellent Condition

Last Agent to Sell the Property

James Perniciaro

Heer Realty, Inc. License #10401330299 Listed on: 06/25/2021

Last Buyer's Agent

Kathy Shumway

Win Morrison Realty License #10301223076

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,956

Year Built

  • Built in 1907

Lot Details

  • 2,614

Parking

  • Driveway

Home Design

  • Triplex
  • Brick Exterior Construction
  • Built-Up Roof
  • Rubber Roof

Interior Spaces

  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Lot Dimensions are 25x100

Community Details

  • Active Adult
  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, cable TV, electricity, gas
  • The owner pays for snow removal, grounds care
  • Legal Lot and Block 1 / 6
  • Assessor Parcel Number 381700 101.38-6-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,956

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1907
  • Directions: Corner of 8th St and Hutton St
  • Above Grade Finished Sq Ft: 4905.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 2962.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2993.0
  • School Taxes Description: Estimated
  • Lot Size: 25x100
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number of Separate Water Meters: 1
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Flooring:Wood: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood, Carpet, Laminate
  • Basement: Full, Unfinished
  • Below Grade Sq Ft: 1635.0
  • Living Area: 4905.0
  • Owner Pays: Snow Removal, Grounds Care
  • Full Basement: Yes
  • Attic Features:Hatch: 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 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes

Exterior Features

  • Roof: Rubber, Built-Up
  • Construction Type: Brick
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Stone, None, Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Stone2: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Space Heater, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Space Heater: 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

  • Parcel #: 381700 101.38-6-1

Rental Info

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

Tax Info

  • Tax Annual Amount: 5956.0
  • Tax Block: 6
  • Tax Lot: 1

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Dec 2, 2021
Sold by
270 Llc
Bought by
Mccall-Ephron Jordan
Seller's Agent
James Perniciaro
Heer Realty, Inc.
Buyer's Agent
Kathy Shumway
Win Morrison Realty
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%
Current Estimated Value
$433,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,101
Avg. Annual Appreciation
0.47%
Original Mortgage
$340,000
Outstanding Balance
$312,836
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,265

Purchase Details

Closed on
Feb 5, 2020
Sold by
Myerson Robert
Bought by
270 Llc

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 6, 2019
Sold by
Goin Michael G
Bought by
Myerson Robert
Seller's Agent
Dean Heer
Heer Realty, Inc.
Buyer's Agent
James Perniciaro
Heer Realty, Inc.
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.27%
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
Mccall-Ephron Jordan $425,000 None Available
270 Llc -- None Available
Myerson Robert $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccall-Ephron Jordan $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2021 12/02/21 Sold $425,000 -4.5% $87 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $444,900 -1.1% $91 / Sq Ft
06/25/2021 06/25/21 For Sale $449,900 +157.1% $92 / Sq Ft
12/06/2019 12/06/19 Sold $175,000 -12.5% $36 / Sq Ft View Prior Sale
10/11/2019 10/11/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $199,900 -- $41 / 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 $8,174 $175,000 $8,400 $166,600
2023 $8,137 $175,000 $8,400 $166,600
2022 $6,903 $175,000 $8,400 $166,600
2021 $1,480 $130,000 $8,400 $121,600
2020 $2,994 $130,000 $8,400 $121,600
2019 $3,271 $100,000 $8,400 $91,600
2018 $3,271 $100,000 $8,400 $91,600
2017 $3,256 $100,000 $8,400 $91,600
2016 $4,304 $100,000 $8,400 $91,600
2015 $2,076 $100,000 $8,400 $91,600
2014 $2,076 $130,000 $8,400 $121,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202122078

Global MLS

APN: 1700-101.38-6-1