NOT LISTED FOR SALE

Estimated Value: $311,000 - $366,000

8 Beds
3 Baths
2,898 Sq Ft
$115/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $179,000 $62 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,326/month

12 Days on Market

Highlights

  • City View
  • No HOA
  • Hot Water Heating System
  • Corner Lot
  • Bathroom on Main Level
  • 5-minute walk to Washington Park

About This Home

As of December 2022

Investors take notice! Located one block south of Washington Park and in Troy's Little Italy neighborhood, this home has tons of potential, large units and separate utilities. The first floor is rented and the 2nd and 3rd floors await your finishes and repair. Ideally situated, this property is walkable to downtown shops and restaurants, close to HVCC, Rensselaer Tech Park, Hudson Mohawk bike trail and all that Troy has to offer. Perfect for an owner occupant or investor. Must be purchased with cash or a 203k loan. Property is in the A-12 flood zone. Brand new street paving and sidewalks.
What is not to love? Schedule your showing today!

Last Agent to Sell the Property

Heather Hamlin Martin

KW Platform License #10301219767 Listed on: 10/18/2022

KW Platform

Last Buyer's Agent

Joseph Policastri

Howard Hanna License #40PO0978658

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,799

Year Built

  • Built in 1892

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, electricity, gas
  • The owner pays for trash collection, sewer, water
  • Legal Lot and Block 27.000 / 8
  • Assessor Parcel Number 381700 101.77-8-27

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,799

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1892
  • Directions: South on 3rd St. Property is on the corner of 3rd and Jefferson St.
  • Financial Details General Taxes: 3416.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3382.4
  • School Taxes Description: Actual
  • Lot Size Acres: 0.03
  • New Construction: No
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Owner Pays: Trash Collection, Sewer, Water
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Brick
  • View: City
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service
  • Heating: Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: 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

  • Lot Features: Corner Lot
  • Parcel #: 381700 101.77-8-27
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Electricity, Gas

Tax Info

  • Tax Annual Amount: 6799.0
  • Tax Block: 8
  • Tax Lot: 27.000

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Dec 15, 2022
Sold by
Spies Watson Holdings Llc
Bought by
Bebo Homes Llc
Seller's Agent
Heather Hamlin Martin
KW Platform
Buyer's Agent
Joseph Policastri
Howard Hanna
List Price
$179,000
Sold Price
$179,000
Views
80
Current Estimated Value
$333,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,000
Avg. Annual Appreciation
22.33%
Original Mortgage
$220,238
Outstanding Balance
$213,629
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$119,371

Purchase Details

Closed on
Dec 3, 2018
Sold by
Spies Thomas and Spies Kristin
Bought by
Spies Watson Holdings Llc

Purchase Details

Closed on
Sep 16, 2015
Sold by
Hedderman Patrick
Bought by
Spies Thomas and Spies

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2013
Sold by
Hedderman Patrick
Bought by
Hedderman Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,677
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2009
Sold by
Dipalma Enrico
Bought by
Hedderman Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,485
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bebo Homes Llc $179,000 None Available
Spies Watson Holdings Llc -- --
Spies Thomas $154,000 William Hessney
Hedderman Patrick -- --
Hedderman Patrick $178,723 Gustaf Gillberg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bebo Homes Llc $220,238
Previous Owner Spies Thomas $115,500
Previous Owner Hedderman Patrick $155,677
Previous Owner Hedderman Patrick $175,485
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2022 12/15/22 Sold $179,000 0.0% $62 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $179,000 +16.2% $62 / Sq Ft
12/18/2015 12/18/15 Sold $154,000 -0.6% $42 / Sq Ft View Prior Sale
09/16/2015 09/16/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $155,000 0.0% $42 / Sq Ft
03/26/2015 03/26/15 Rented $750 0.0% --
03/26/2015 03/26/15 Under Contract -- -- --
02/26/2015 02/26/15 For Rent $750 -- --
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 $7,006 $150,000 $4,500 $145,500
2023 $6,926 $150,000 $4,500 $145,500
2022 $14,156 $150,000 $4,500 $145,500
2021 $9,069 $150,000 $4,500 $145,500
2020 $3,455 $150,000 $4,500 $145,500
2019 $4,944 $150,000 $4,500 $145,500
2018 $4,944 $150,000 $4,500 $145,500
2017 $4,884 $150,000 $4,500 $145,500
2016 $6,455 $150,000 $4,500 $145,500
2015 -- $121,000 $4,500 $116,500
2014 -- $121,000 $4,500 $116,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202228615

Global MLS

APN: 1700-101.77-8-27