NOT LISTED FOR SALE

Estimated Value: $157,356 - $201,000

4 Beds
2 Baths
1,701 Sq Ft
$101/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $155,000 $91 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,132/month

31 Days on Market

Highlights

  • Traditional Architecture
  • Baseboard Heating
  • 3-minute walk to Hope Park
  • No HOA

About This Home

As of September 2022

Wonderful brick 2 family just to the south of Downtown troy. Investors enjoy a low market CAP Rate of 10.0 or High Market Cap Rate of 14.0.. Separate Utilities! Owner occupy in a great location and let your Tenant pay most of your mortgage!!

Last Agent to Sell the Property

Joseph Cardinale

Howard Hanna Capital Inc License #10401290174 Listed on: 04/27/2022

Howard Hanna Capital Inc

Last Buyer's Agent

non-member non member

NON MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,352

Year Built

  • Built in 1890

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for trash collection, sewer, water
  • Legal Lot and Block 5 / 111
  • Assessor Parcel Number 381700 111.36-6-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,352

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Directions: West side of 1st St
  • Architectural Style: Duplex, Traditional
  • Financial Details General Taxes: 1976.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 1376.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.07
  • New Construction: No
  • Non Member Non Member Name: Jennifer Francois
  • Sale Detail Seller Contribution: No
  • Architectural Style:Duplex: Yes
  • Architectural Style:Traditional: Yes
  • Levels Two: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Owner Pays: Trash Collection, Sewer, Water
  • Basement:Partial: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick
  • Waterfront: No
  • Exterior Features:Other58: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: Public
  • 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 111.36-6-5
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3352.0
  • Tax Block: 111
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2017
Closed on
Feb 27, 2018
Sold by
Kussler Keith and Kussler Kathleen
Bought by
Edwards Kirk C
Seller's Agent
Ellen Neudecker
Neudecker Realty
Buyer's Agent
Joseph Cardinale
Howard Hanna Capital Inc
List Price
$89,000
Sold Price
$83,000
Premium/Discount to List
-$6,000
-6.74%
Current Estimated Value
$171,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,089
Avg. Annual Appreciation
9.64%
Original Mortgage
$62,250
Outstanding Balance
$52,664
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$118,425

Purchase Details

Closed on
Nov 30, 2015
Sold by
City Of Troy
Bought by
Kussler Keith

Purchase Details

Closed on
Oct 9, 1998
Sold by
Manufacturers Traders And Trus
Bought by
Picardo Ralph

Purchase Details

Closed on
Jul 10, 1997
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
Edwards Kirk C $83,000 --
Kussler Keith $5,000 --
Picardo Ralph $9,000 --
-- $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Kirk C $62,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $155,000 +3.3% $91 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $150,000 +80.7% $88 / Sq Ft
03/02/2018 03/02/18 Sold $83,000 -6.7% $58 / Sq Ft View Prior Sale
11/09/2017 11/09/17 Pending -- -- --
10/22/2017 10/22/17 For Sale $89,000 -- $62 / 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 $2,849 $61,000 $8,800 $52,200
2023 $3,017 $61,000 $8,800 $52,200
2022 $3,350 $61,000 $8,800 $52,200
2021 $1,282 $61,000 $8,800 $52,200
2020 $1,405 $61,000 $8,800 $52,200
2019 $1,995 $61,000 $8,800 $52,200
2018 $1,995 $61,000 $8,800 $52,200
2017 $1,530 $47,000 $8,800 $38,200
2016 $2,924 $47,000 $8,800 $38,200
2015 -- $47,000 $8,800 $38,200
2014 -- $47,000 $8,800 $38,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202216360

Global MLS

APN: 1700-111.36-6-5