NOT LISTED FOR SALE

127 Spencer Ave Owego, NY 13827

Estimated Value: $121,186

1 Bed
1.5 Baths
2,000 Sq Ft
$61/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $120,000 $60 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $786/month

115 Days on Market

Highlights

  • Deck
  • Attic
  • Workshop
  • Wood Flooring
  • Covered Patio or Porch
  • 1 Car Garage

About This Home

As of June 2024

Busy beauty salon" The Styling Corner" formerly Woodburns grocery store for 30+ years in the village of Owego ,is fully furnished with 6 styling booths 3 hair dryers ,a large office and waiting area and a large restroom.Parking lot in front for salon.All beautifully remodeled ,new furnace , 3 new hot water heaters.2nd floor is a 1 bedroom apartment with large bedroom,3rd floor is a walk up unfinished attic,could be a 2nd bedroom for the 2nd floor or apartment .Garage entrance in front of building and in back of the building ,rented for storage.Nice back yard for the apartment and a separate detached one car garage.Off street parking for the apartment.Hair salon rents for 875.00 per month plus utilities and 2nd floor apartments pays 600.00 plus utilities.

Last Agent to Sell the Property

Jean Hill

TIOGA REAL ESTATE License #10371200263 Listed on: 01/30/2024

Last Buyer's Agent

Jean Hill

TIOGA REAL ESTATE License #10371200263 Listed on: 01/30/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1900

Lot Details

  • Cul-De-Sac
  • Landscaped
  • Level Lot

Parking

  • 1 Car Garage
  • Oversized Parking
  • Heated Garage
  • Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Workshop
  • Permanent Attic Stairs
  • Storm Doors
  • Washer and Electric Dryer Hookup
  • Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Owego Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 493001-128-008-0002-027-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $980
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,813

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Inclusions: CARBON MONOXIDE DETECTOR,LIGHTING FIXTURE,MIRRORS-Perm affixed,SHELVING-Builtin/affixed,SOME FURNISHINGS/CALL LO
  • Ownership: ESTATE
  • Directions: Owego North Ave to Fox Street on the corner of Fox and Spencer Ave.
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Structure Type: Duplex
  • Year Built: 1900
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Pantry, Permanent Attic Stairs, Workshop
  • Living Area: 2000.0
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Cul-De-Sac, Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Landscaping, Shed
  • Foundation Details: Basement, Stone
  • Other Structures: Apartment, Shed(s)
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Detached, Electricity, Garage, One Car Garage, Two Car Garage, Heated Garage, Oversized, Parking Space(s)

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Phone Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 150.0

Schools

  • Elementary School: Owego
  • Junior High Dist: Owego Apalachin

Lot Info

  • Parcel #: 493001-128-008-0002-027-000-0000
  • Zoning Description: commercial
  • Zoning: commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 200.0
  • Annual Gross Income: 16800.0
  • Insurance Expense: 980.0
  • Total Actual Rent: 16500.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 1813.0
  • Tax Book Number: 128.08-2-27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Jun 3, 2024
Sold by
Woodburn Todd Est and Legursky
Bought by
Owego Ironworks Llc
Seller's Agent
Jean Hill
TIOGA REAL ESTATE
Buyer's Agent
Jean Hill
TIOGA REAL ESTATE
List Price
$142,000
Sold Price
$120,000
Premium/Discount to List
-$22,000
-15.49%
Views
114
Current Estimated Value
$121,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,186
Avg. Annual Appreciation
0.81%
Original Mortgage
$96,000
Outstanding Balance
$95,218
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$25,972

Purchase Details

Closed on
Nov 13, 1995
Sold by
Woodburn Robert Smith Scott
Bought by
Woodburn Todd and 1834 Middle Rd Owego
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
Owego Ironworks Llc $120,000 None Available
Woodburn Todd -- --
Woodburn Todd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owego Ironworks Llc $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $120,000 0.0% $60 / Sq Ft
03/12/2024 03/12/24 Price Changed $120,000 -13.0% $60 / Sq Ft
02/29/2024 02/29/24 Price Changed $138,000 -2.8% $69 / Sq Ft
01/30/2024 01/30/24 For Sale $142,000 -- $71 / 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 $1,712 $26,950 $8,600 $18,350
2023 $12 $26,950 $8,600 $18,350
2022 $1,187 $26,950 $8,600 $18,350
2021 $1,180 $26,950 $8,600 $18,350
2020 $1,165 $26,950 $8,600 $18,350
2019 $527 $26,950 $8,600 $18,350
2018 $1,627 $26,950 $8,600 $18,350
2017 $1,602 $26,950 $8,600 $18,350
2016 $1,595 $26,950 $8,600 $18,350
2015 -- $26,950 $8,600 $18,350
2014 -- $45,000 $8,600 $36,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 324365

APN: 493001-128-008-0002-027-000-0000