NOT LISTED FOR SALE

Estimated Value: $274,000 - $315,000

3 Beds
3 Baths
3,036 Sq Ft
$98/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2022

Last sale price $240,000 $79 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,952 / mo

9 Days on Market

Highlights

  • Wood Flooring
  • Garden
  • Space Heater
  • No HOA
  • Baseboard Heating
  • 2-minute walk to Hope Park

About This Home

As of September 2022

Investors take notice! This well maintained, spacious 3 family home with a solid rental history has lots to offer. Located in Troy's Osgood Neighborhood this home has charm, original fireplace mantles, great lighting and a spacious yard. Features include separate utilities, large bedrooms and washers and dryers in each unit. Walkable to downtown shops and restaurants, close to HVCC, Rensselaer Tech Park, Hudson Mohawk bike trail and all that Troy has to offer. With low taxes and a 9% cap rate, it is perfect for an owner occupant or investor. Property is located in an A-12 Flood Zone. Schedule your showing today! **Multiple offers have been received. Best and Final due Sunday 5/29 at noon**

Last Agent to Sell the Property

Heather Hamlin Martin

KW Platform License #10301219767 Listed on: 05/22/2022

KW Platform

Last Buyer's Agent

Kathleen Carswell

KW Platform License #30CA0830952

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,075

Year Built

  • Built in 1890

Lot Details

  • 3,049 Sq Ft Lot
  • Back Yard Fenced
  • Garden

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,036 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for heat, internet, cable TV, electricity, gas
  • Legal Lot and Block 8.000 / 2
  • Assessor Parcel Number 381700 111.44-2-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,075

Year Built

Built in 1890

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1890
  • Directions: 2nd St, North across Van Buren Home on left .
  • Above Grade Finished Sq Ft: 3036.0
  • Financial Details General Taxes: 2293.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 1781.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.07
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Flooring:Laminate: Yes
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile, Hardwood, Laminate
  • Basement: Full, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 3036.0
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes

Exterior Features

  • Exterior Features: Garden
  • Roof: Flat, Rubber
  • Construction Type: Brick
  • Fencing: Back Yard
  • Waterfront: No
  • Construction Materials:Brick: Yes
  • Exterior Features:Garden: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Heating: Baseboard, Space Heater, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Troy

Lot Info

  • Parcel #: 381700 111.44-2-8
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Internet, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 4075.0
  • Tax Block: 2
  • Tax Lot: 8.000

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2022
Closed on
Sep 22, 2022
Sold by
Spies Watson Holdings Llc
Bought by
Windfall Housing Llc
Seller's Agent
Heather Hamlin Martin
KW Platform
Buyer's Agent
Kathleen Carswell
KW Platform
List Price
$229,000
Sold Price
$240,000
Premium/Discount to List
$11,000
4.8%
Views
16
Current Estimated Value
$296,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,063
Avg. Annual Appreciation
6.06%
Original Mortgage
$192,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

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

Purchase Details

Closed on
Mar 29, 2011
Sold by
Jubic Estate Thomas P
Bought by
Spies Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,875
Interest Rate
5.04%
Mortgage Type
FHA
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
Windfall Housing Llc $240,000 None Available
Windfall Housing Llc -- None Available
Spies Watson Holdings Llc -- --
Spies Thomas A $78,500 Stephen P. Monthie
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Windfall Housing Llc $192,000
Previous Owner Spies Thomas A $58,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2022 09/22/22 Sold $240,000 +4.8% $79 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $229,000 -- $75 / Sq Ft
Source: Global MLS

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
2025 $4,554 $97,500 $8,800 $88,700
2024 $4,554 $97,500 $8,800 $88,700
2023 $4,502 $97,500 $8,800 $88,700
2022 $4,073 $79,000 $8,800 $70,200
2021 $1,394 $79,000 $8,800 $70,200
2020 $1,819 $79,000 $8,800 $70,200
2019 $3,136 $79,000 $8,800 $70,200
2018 $3,136 $79,000 $8,800 $70,200
2017 $2,572 $79,000 $8,800 $70,200
2016 $3,400 $79,000 $8,800 $70,200
2015 -- $79,000 $8,800 $70,200
2014 -- $79,000 $8,800 $70,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202218326

Global MLS

APN: 1700-111.44-2-8

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