NOT LISTED FOR SALE

Estimated Value: $223,579

4 Beds
2 Baths
5,050 Sq Ft
$44/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $145,000 $29 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,385/month

180 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Forced Air Heating System
  • 2-minute walk to Hope Park

About This Home

As of April 2018

Incredible opportunity to own two buildings on one property in one of the areas hottest markets. 352 Monroe St. is a 2 story 2 family with existing tenants on month to month leases. Also included is 387 3rd St. which is a commercial/mixed use building. First floor was a former restaurant with a newer heating system. Second floor has been totally gutted with some framing done, foam insulated ceilings, and existing plans for a loft apartment. Positive income while you complete 387 3rd to your desires. Very Good Condition

Last Agent to Sell the Property

Albin Konieczny

Howard Hanna Capital Inc License #40KO0866817 Listed on: 02/18/2018

Howard Hanna Capital Inc

Last Buyer's Agent

Vincent Salvagio

Inglenook Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,217

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 5,050 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • The owner pays for trash collection
  • Legal Lot and Block 15 / 3
  • Assessor Parcel Number 381700 111.36-3-15

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,217

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1920
  • Directions: 3rd St. in Troy to right on Monroe St.
  • Above Grade Finished Sq Ft: 5050.0
  • Lot Size Acres: 0.07
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number of Refrigerators: 1
  • Unit Information Number Of Stoves: 2
  • Subdivision Name: South Troy
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 5050.0
  • Owner Pays: Trash Collection
  • Full Basement: Yes

Exterior Features

  • Roof: Built-Up
  • Construction Type: Brick
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Forced Air, Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: 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, Corner Lot
  • Parcel #: 381700 111.36-3-15
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7217.0
  • Tax Block: 3
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2018
Closed on
Apr 21, 2018
Sold by
Lockrow Debra
Bought by
352 Monroe St Apts Llc
Seller's Agent
Albin Konieczny
Howard Hanna Capital Inc
Buyer's Agent
Vincent Salvagio
Inglenook Realty Inc
List Price
$174,900
Sold Price
$145,000
Premium/Discount to List
-$29,900
-17.1%
Current Estimated Value
$223,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,579
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Nov 21, 2014
Sold by
Opal Investment Inc
Bought by
Lockrow Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2012
Sold by
Perrofli Gene
Bought by
Opal Investment Inc

Purchase Details

Closed on
Mar 27, 2002
Sold by
City Of Troy
Bought by
Perrotti Gene T

Purchase Details

Closed on
Jul 27, 1999
Sold by
Lewis Stephen V
Bought by
Lewis Stephen
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
352 Monroe St Apts Llc $145,000 --
Lockrow Debra $75,000 Gayle Hartz
Opal Investment Inc $204,706 Jerold Feverstein
Perrotti Gene T $2,000 --
Lewis Stephen -- Richard J Jr Miller
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lockrow Debra $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold $145,000 -17.1% $29 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
02/18/2018 02/18/18 For Sale $174,900 0.0% $35 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/18/2018 01/18/18 Price Changed $174,900 -7.9% $35 / Sq Ft
12/08/2017 12/08/17 For Sale $189,900 0.0% $38 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
10/04/2017 10/04/17 Price Changed $189,900 -5.0% $38 / Sq Ft
09/08/2017 09/08/17 For Sale $199,900 -- $40 / 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 $7,892 $167,000 $8,500 $158,500
2023 $5,680 $167,000 $8,500 $158,500
2022 $7,566 $167,000 $8,500 $158,500
2021 $1,902 $167,000 $8,500 $158,500
2020 $3,846 $167,000 $8,500 $158,500
2019 $5,462 $167,000 $8,500 $158,500
2018 $5,462 $167,000 $8,500 $158,500
2017 $5,437 $167,000 $8,500 $158,500
2016 $7,187 $167,000 $8,500 $158,500
2015 -- $167,000 $8,500 $158,500
2014 -- $167,000 $8,500 $158,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201717964

Global MLS

APN: 1700-111.36-3-15