NOT LISTED FOR SALE

11 Carhart Ave Binghamton, NY 13905

Far West Side Neighborhood

Estimated Value: $79,320 - $150,000

6 Beds
3 Baths
1,883 Sq Ft
$58/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $65,000 $35 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $713/month

112 Days on Market

Highlights

  • Wood Flooring
  • Storm Windows
  • Forced Air Heating System
  • Covered patio or porch
  • Landscaped
  • High Speed Internet

About This Home

As of June 2023

Seller is willing to hold a note! Looking for a cashflowing property with value-add potential? This one's for you! Two occupied units, with a third unit that needs some TLC. Low-maintenance cedar siding, spacious apartments with original trim, nice-sized yard. Forget lawn and snow care, the upstairs tenant has you covered. New furnace, and recently lowered taxes. A great BRRRR candidate- don't miss it!

Last Agent to Sell the Property

Steph Jacobson

Yaman Commercial Industrial License #10401301213 Listed on: 07/11/2022

Last Buyer's Agent

Unknown

UNKNOWN NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50 x 182
  • Landscaped
  • Level Lot

Parking

  • Driveway

Home Design

  • 1,883 Sq Ft Home
  • Triplex
  • Cedar Siding
  • Shake Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Covered patio or porch

Schools

  • Thomas Jefferson Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-143-074-0002-008-000-0000

Community Details

Overview

  • 3 Units
  • G M T Johnson Place Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $834
  • Water Sewer Expense $504
  • Gross Income $16,200
  • Net Operating Income $9,862

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 50 x 182
  • Ownership: OWNER
  • Subdivision Name: G M T Johnson Place
  • Directions: Carhart
  • Above Grade Finished Sq Ft: 1883.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1920
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 1883.0
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Cedar, Shake Siding
  • Exterior Features: Landscaping, Porch, Storm Windows/Doors
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Space Heater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available, Phone Available
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 504.0

Schools

  • Elementary School: Thomas Jefferson
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-143-074-0002-008-000-0000
  • Zoning Description: Res 1
  • Zoning: Res 1

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 16200.0
  • Insurance Expense: 834.0
  • Property Net Operating Income: 9862.0
  • Annual Operating Expense: 6338.0
  • Total Actual Rent: 16200.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5000.0
  • Tax Book Number: 143.74-2-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Callahan Pamela F
Bought by
Nehb Llc
Current Estimated Value
$109,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$27,572
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$68,885
Source: Public Records

Range of Values:

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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
Nehb Llc $40,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nehb Llc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $65,000 -3.0% $35 / Sq Ft
02/24/2023 02/24/23 For Sale $67,000 -16.1% $36 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $79,900 +35.4% $42 / Sq Ft
07/06/2012 07/06/12 Sold $59,000 0.0% $31 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $59,000 -- $31 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

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 $6,811 $70,000 $20,500 $49,500
2023 $6,773 $70,000 $20,500 $49,500
2022 $6,915 $70,000 $20,500 $49,500
2021 $7,110 $76,100 $20,500 $55,600
2020 $4,701 $76,100 $20,500 $55,600
2019 $2,400 $76,100 $20,500 $55,600
2018 $4,584 $76,100 $20,500 $55,600
2017 $4,608 $76,100 $20,500 $55,600
2016 $4,626 $76,100 $20,500 $55,600
2015 $2,963 $76,100 $20,500 $55,600
2014 $2,963 $76,100 $20,500 $55,600
Source: Public Records

Agents Affiliated with this Home

  • Steph Jacobson

    Seller's Agent in 2023

    Steph Jacobson

    Yaman Commercial Industrial

    (607) 857-3864

    16 in this area

    81 Total Sales

    Steph Jacobson
    Section Image

  • U

    Buyer's Agent in 2023

    Unknown

    UNKNOWN NON MEMBER

  • John Farrell

    Seller's Agent in 2012

    John Farrell

    EXIT REALTY HOMEWARD BOUND

    (607) 760-5000

    47 in this area

    615 Total Sales

    John Farrell
    Section Image
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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 317928

APN: 030200-143-074-0002-008-000-0000

New York Broome County Binghamton 13790 Far West Side

11 Carhart Ave, Binghamton, NY

This home is located at 11 Carhart Ave, Binghamton, NY 13905 since 11 July 2022 and is currently estimated at $109,330, approximately $58 per square foot. This property was built in 1920. 11 Carhart Ave is a home located in Broome County with nearby schools including Binghamton High School, Thomas Jefferson Elementary School, and West Middle School.

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