NOT LISTED FOR SALE
16 Beds
-- Bath
9,918 Sq Ft
1927 Built

Sale Details

Date Sold: September 12, 2022

Last sale price $600,000 $60 Per Sq Ft

45 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Level Lot
  • Forced Air Heating System

About This Home

As of September 2022

Large Brick Multi Unit building, 12 units total. Tenants pay their own utilities, close to bus line & downtown area. Newer windows. This is a great investment opportunity!

Last Agent to Sell the Property

Dave Micha

SALL REAL ESTATE License #10301220820 Listed on: 05/09/2022

Co-Listed By

Erin Micha

SALL REAL ESTATE License #10401301398

Last Buyer's Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,260

Year Built

  • Built in 1927

Home Design

  • 9,918 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms

Lot Details

  • Lot Dimensions are 55x147
  • Level Lot

Schools

  • Horace Mann Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

Overview

  • 12 Units

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • Insurance Expense $4,300
  • Water Sewer Expense $8,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,260

Year Built

Built in 1927

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 55x147
  • Co List Office Mls Id: 620
  • Co List Office Phone: 607-772-0005
  • Ownership: OWNER
  • Directions: Main street to Murray.
  • Above Grade Finished Sq Ft: 9918.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1927
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 16
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 9918.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Radiator(s), Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1000.0
  • Annual Water Sewer Expense: 8500.0

Schools

  • Elementary School: Horace Mann
  • Junior High Dist: Binghamton

Lot Info

  • Zoning Description: 411- Apartment
  • Zoning: 411- Apartment

Multi Family

  • Number Of Units Total: 12
  • Electric Expense: 500.0
  • Insurance Expense: 4300.0
  • Total Actual Rent: 95292.0
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12

Tax Info

  • Tax Annual Amount: 28260.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Sep 12, 2022
Sold by
Bought by
Seller's Agent
Dave Micha
SALL REAL ESTATE
Buyer's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
0.0522%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 2010
Sold by
Bought by

Purchase Details

Closed on
May 13, 2004
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 None Available
$570,000 Old Republic Title
$70,000 --
-- None Available
$240,000 Kevin Graves
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $910,000
Closed $51,000
Previous Owner $390,000
Previous Owner $91,739
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/12/2022 09/12/22 Sold $600,000 -11.1% $60 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $675,000 -- $68 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $276,700 $7,500 $269,200
2024 $27,270 $276,700 $7,500 $269,200
2023 $26,773 $276,700 $7,500 $269,200
2022 $26,143 $276,700 $7,500 $269,200
2021 $25,850 $276,700 $7,500 $269,200
2020 $27,137 $276,700 $7,500 $269,200
2019 $5,351 $276,700 $7,500 $269,200
2018 $9,459 $100,000 $7,500 $92,500
2017 $9,154 $100,000 $7,500 $92,500
2016 $9,208 $100,000 $7,500 $92,500
2015 $12,299 $100,000 $7,500 $92,500
2014 $12,299 $100,000 $7,500 $92,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 317004

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