NOT LISTED FOR SALE

1237 Vestal Ave Binghamton, NY 13903

South Side West Neighborhood

Estimated Value: $107,291 - $192,000

8 Beds
2 Baths
2,630 Sq Ft
$56/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $74,000 $28 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $919/month

50 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • Covered Patio or Porch
  • Ceiling Fan
  • 4-minute walk to South Side Commons

About This Home

As of January 2022

Super convenient location close to the intersection of Tremont. Roof replaced 8 years ago, complete tear-off with new plywood. Bus route, OCC bus route, Tenant occupied. Very close to State Street on-ramp. 2nd floor tenant has been there 25 years. 1st floor tenant has been there 3 years. Owner is retiring from owning rental property, this one is priced to sell.

Last Agent to Sell the Property

Frances Cook

FRANCES A. COOK License #10351214046 Listed on: 08/31/2021

Last Buyer's Agent

Bernadette Giacovelli

HOWARD HANNA License #30GI1030856

HOWARD HANNA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,367

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 35' x 140'
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,630 Sq Ft Home
  • Ceiling Fan
  • Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Macarthur Elementary School

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 030200-160-065-0003-046-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Maintenance Expense $1,200
  • Net Operating Income $12,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,367

Year Built

Built in 1890

Lot Details

4,879 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 35' x 140'
  • Directions: Vestal Ave between Tremont and New St.
  • Above Grade Finished Sq Ft: 2630.0
  • Garage Yn: No
  • Year Built: 1890
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 8
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 2630.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: MacArthur
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-160-065-0003-046-000-0000
  • Zoning Description: R3
  • Zoning: R3

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Insurance Expense: 867.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 12630.0
  • Total Actual Rent: 15600.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Annual Amount: 3367.0
  • Tax Book Number: 160.65-3-46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Jan 28, 2022
Sold by
Burke William T and Burke Deborah J
Bought by
Kariam Todd and Kariam Nicole
Seller's Agent
Frances Cook
FRANCES A. COOK
Buyer's Agent
Bernadette Giacovelli
HOWARD HANNA
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%
Current Estimated Value
$146,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,823
Avg. Annual Appreciation
18.00%
Original Mortgage
$55,500
Outstanding Balance
$51,438
Interest Rate
3.55%
Estimated Equity
$95,385

Purchase Details

Closed on
Nov 20, 2012
Sold by
Burke William T
Bought by
Burke William T and Burke Deborah J

Purchase Details

Closed on
Dec 19, 1995
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

Date Buyer Sale Price Title Company
Kariam Todd $74,000 --
Burke William T -- None Available
-- $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kariam Todd $55,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $74,000 -7.4% $28 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $79,900 -- $30 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

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 $5,361 $54,400 $10,600 $43,800
2023 $5,264 $54,400 $10,600 $43,800
2022 $5,140 $54,400 $10,600 $43,800
2021 $5,082 $54,400 $10,600 $43,800
2020 $3,361 $54,400 $10,600 $43,800
2019 $1,715 $54,400 $10,600 $43,800
2018 $3,277 $54,400 $10,600 $43,800
2017 $3,294 $54,400 $10,600 $43,800
2016 $3,307 $54,400 $10,600 $43,800
2015 $2,938 $54,400 $10,600 $43,800
2014 $2,938 $54,400 $10,600 $43,800
Source: Public Records

Agents Affiliated with this Home

  • Frances Cook

    Seller's Agent in 2022

    Frances Cook

    FRANCES A. COOK

    (607) 727-3945

    22 in this area

    149 Total Sales

    Frances Cook
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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 314067

APN: 030200-160-065-0003-046-000-0000

New York Broome County Binghamton 13903 South Side West

1237 Vestal Ave, Binghamton, NY

Not Listed for Sale

MultiFamily

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