NOT LISTED FOR SALE

Estimated Value: $171,440 - $233,000

6 Beds
2 Baths
2,500 Sq Ft
$79/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $140,000 $56 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,439/month

5 Days on Market

Highlights

  • No HOA
  • Patio
  • Heating System Uses Steam
  • Porch
  • Hot Water Heating System
  • 5-minute walk to Hope Park

About This Home

As of August 2021

This classic, brick, solid, two family home with full sized 3 BR flats in the heart of up and coming South Troy that has been family owned and occupied for decades is now available. Just steps to Troy's revived downtown and Washington Park neighborhood, this home will provide solid income for years to come. This home has not seen the wear and tear of years of tenants. Many architectural details remain intact. This building can easily bring in $25k a year or more, or make an amazing owner occupied property. Very Good Condition

Last Agent to Sell the Property

Matthew Maloney

Maloney Realty License #10371201582 Listed on: 04/29/2021

Last Buyer's Agent

Caralynn Holland

PMI Capital District License #10401290876

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,036

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 25' x 130'
  • Privacy Fence
  • Sloped Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Heating System Uses Steam

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity, gas
  • Legal Lot and Block 2 / 6
  • Assessor Parcel Number 381700 111.28-6-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,036

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Directions: On the corner of 2nd and Canal Streets on South Troy
  • Above Grade Finished Sq Ft: 2500.0
  • Architectural Style: Other, See Remarks
  • Financial Details General Taxes: 2079.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1957.0
  • School Taxes Description: actual With exemptions
  • Lot Size: 25' x 130'
  • New Construction: No
  • Possession Possession Legacy: closing
  • Sale Detail Seller Contribution: Yes
  • Flooring:Carpet: Yes
  • Laundry Features:Main Level: Yes
  • Fencing:Privacy: Yes
  • Laundry Features:Upper Level: Yes
  • Flooring:Vinyl: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet
  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2500.0
  • Full Basement: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Fencing: Privacy
  • Patio And Porch Features: Porch, Patio
  • Waterfront: No
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Sloped: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Steam, Natural Gas
  • Laundry Features: Main Level, Upper Level
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Steam: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Built-in Features4: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:Built-in Features5: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes
  • Unit 1 Amenities:Crown Molding2: Yes
  • Unit 2 Amenities:Crown Molding3: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes

Schools

  • Junior High Dist: Troy

Lot Info

  • Lot Features: Sloped
  • Parcel #: 381700 111.28-6-2

Rental Info

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

Tax Info

  • Tax Annual Amount: 4036.0
  • Tax Block: 6
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Aug 27, 2021
Sold by
Drewecki Nicolas and Drewecki Timothy
Bought by
Kondo Properties Llc
Seller's Agent
Matthew Maloney
Maloney Realty
Buyer's Agent
Caralynn Holland
PMI Capital District
List Price
$134,900
Sold Price
$140,000
Premium/Discount to List
$5,100
3.78%
Current Estimated Value
$197,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,610
Avg. Annual Appreciation
8.23%
Original Mortgage
$140,250
Outstanding Balance
$127,427
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$70,183

Purchase Details

Closed on
Feb 17, 2021
Sold by
Drewecki Jane Est
Bought by
Drewecki Nicholas and Drewecki Timothy

Purchase Details

Closed on
Apr 2, 2003
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
Kondo Properties Llc $140,000 None Available
Drewecki Nicholas -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kondo Properties Llc $140,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $140,000 +3.8% $56 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $134,900 -- $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 $4,885 $85,000 $8,800 $76,200
2023 $4,084 $85,000 $8,800 $76,200
2022 $3,851 $85,000 $8,800 $76,200
2021 $968 $85,000 $8,800 $76,200
2020 $1,958 $85,000 $8,800 $76,200
2019 $2,940 $85,000 $8,800 $76,200
2018 $2,940 $85,000 $8,800 $76,200
2017 $2,768 $85,000 $8,800 $76,200
2016 $4,473 $85,000 $8,800 $76,200
2015 -- $85,000 $8,800 $76,200
2014 -- $85,000 $8,800 $76,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202117085

Global MLS

APN: 1700-111.28-6-2