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387 3rd Ave

Troy, NY 12182

2 bd 2 ba 1,463 sqft Built 2006 Lot 1,307 sqft condos
Most recent sale
$259,400
Jan 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 7, 2025 Sold $281,250 GlobalMLS
Nov 19, 2023 Listed $279,900 GlobalMLS
Jan 27, 2023 Sold $259,400 GlobalMLS
Sep 29, 2021 Sold $140,000 Public Record
Dec 14, 2009 Sold $184,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $118,700 $1,300 $120,000 $5,554
2024 $118,700 $1,300 $120,000 $5,418
2023 $118,700 $1,300 $120,000 $3,916
2022 $118,700 $1,300 $120,000 $3,866
2021 $118,700 $1,300 $120,000 $1,367
2020 $118,700 $1,300 $120,000 $1,929
2017 $118,700 $1,300 $120,000 $3,141
2016 $118,700 $1,300 $120,000 $4,443
2015 $118,700 $1,300 $120,000 $4,215
2014 $118,700 $1,300 $120,000 $1,842
2013 $24,650 $24,650 $6,234
2012 $24,650 $24,650 $2,934
2011 $24,650 $24,650 $6,114
2010 $24,650 $24,650 $6,037
2009 $24,650 $24,650 $3,274
2007 $24,650 $24,650 $3,874

Property facts

Year built
2006
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,463 sqft
Lot size
1,307 sqft
ZIP code
12182
City
Troy
Street
3rd Ave
Coordinates
42.76776, -73.67945

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,556
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 387 3rd Ave last sell?
387 3rd Ave most recently sold on Jan 27, 2023 for $259,400.
What is the current tax assessment for 387 3rd Ave?
The most recent total assessment for 387 3rd Ave (year 2025) is $120,000 with $5,554 in property tax.
How does 387 3rd Ave's assessment compare to its last sale price?
The current assessment is 53.7% below the last sale price of $259,400.
When was 387 3rd Ave built?
387 3rd Ave was built in 2006.
How does 387 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 387 3rd Ave?
387 3rd Ave is a 2 bed, 2 bath, 1,463 sqft, 1,307 sqft lot condos.
Is 387 3rd Ave a flip candidate?
Yes — 387 3rd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 387 3rd Ave a tax-appeal candidate?
No — 387 3rd Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.0%
Implied 1-yr
+23.9%
2026 Q2
$289.4K
2026 Q3
$301.9K
ZIP 12182 — Median Price History + Forecast

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