NOT LISTED FOR SALE

1237 Vestal Ave Binghamton, NY 13903

South Side West Neighborhood

Estimated Value: $96,625 - $178,000

8 Beds
2 Baths
2,630 Sq Ft
$52/Sq Ft Est. Value

Last Sold January 28, 2022

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

Est. 85% increase in value since last sale

Current estimated payment $868/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

0

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
$137,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,156
Avg. Annual Appreciation
17.22%
Original Mortgage
$55,500
Outstanding Balance
$51,634
Interest Rate
3.55%
Estimated Equity
$80,096

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

Range of Values:

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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
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 Change Sq Ft Price
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 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 $5,293 $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

    27 in this area

    169 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

This home is located at 1237 Vestal Ave, Binghamton, NY 13903 since 31 August 2021 and is currently estimated at $137,156, approximately $52 per square foot. This property was built in 1890. 1237 Vestal Ave is a home located in Broome County with nearby schools including MacArthur Elementary School, Binghamton High School, and West Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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