NOT LISTED FOR SALE

Estimated Value: $196,000 - $342,000

7 Beds
2 Baths
1,922 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $208,255 $108 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,043/month

34 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Landscaped
  • Covered Patio or Porch
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of September 2023

Student Housing property in Westside neighborhood, newly zoned R-3.Seven bedrooms; 2 full baths. Lease signed through 2023-24. Updated interior with modern finishes. Fenced corner lot. NOI 37,567. Cap rate is 9.25%
Available as individual investment or part of four property portfolio on contiguous streets.

Last Agent to Sell the Property

Maureen Wilson

PYRAMID BROKERAGE COMPANY License #31WI0911134 Listed on: 12/01/2022

Last Buyer's Agent

Unknown

UNKNOWN NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 50 x 71
  • Fenced Yard
  • Landscaped

Parking

  • 1 Car Detached Garage

Home Design

  • 1,922 Sq Ft Home
  • Duplex
  • Stone Foundation
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Horace Mann Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Basement

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $830
  • Gross Income $49,140
  • Net Operating Income $37,567

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,644

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 50 x 71
  • Ownership: OWNER
  • Directions: Riverside Dr to Oak Street. Left on Ayres.
  • Above Grade Finished Sq Ft: 1922.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Structure Type: Duplex
  • Year Built: 1905
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Hardwood, Vinyl
  • Living Area: 1922.0

Exterior Features

  • Fencing: Yard Fenced
  • Construction Type: Vinyl Siding
  • Exterior Features: Landscaping, Porch
  • Foundation Details: Basement, Stone
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage, One Car Garage

Utilities

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

Fee Information

  • Annual Fuel Expense: 975.0

Schools

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

Lot Info

  • Zoning Description: R-3
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1
  • Electric Expense: 1789.0
  • Annual Gross Income: 49140.0
  • Insurance Expense: 830.0
  • Property Net Operating Income: 37567.0
  • Annual Operating Expense: 11573.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 4644.0
  • Tax Book Number: 160.55-1-20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Aug 17, 2023
Sold by
Blue Water Capitol Llc
Bought by
Broadleaf Realty Limited Partnership
Seller's Agent
Maureen Wilson
PYRAMID BROKERAGE COMPANY
Buyer's Agent
Unknown
UNKNOWN NON MEMBER
List Price
$407,000
Sold Price
$208,255
Premium/Discount to List
-$198,745
-48.83%
Views
804
Current Estimated Value
$276,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,953
Avg. Annual Appreciation
12.60%
Original Mortgage
$720,650
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2017
Sold by
Akman Kurt and Akman Uraiwan
Bought by
Blue Water Capital Llc

Purchase Details

Listed on
Apr 18, 2015
Closed on
Sep 14, 2015
Sold by
Correll Ellen C and Smalt Eileen F
Bought by
Akman Kurt
Seller's Agent
Georgia Ondrejko
WARREN REAL ESTATE (FRONT STREET)
List Price
$124,900
Sold Price
$110,000
Premium/Discount to List
-$14,900
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
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
Broadleaf Realty Limited Partnership $270,000 Stewart Title
Broadleaf Realty Limited Partnership $270,000 Stewart Title
Blue Water Capital Llc $120,000 --
Akman Kurt $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broadleaf Realty Limited Partnership $720,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2023 09/05/23 Sold $208,255 -48.8% $108 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $407,000 0.0% $212 / Sq Ft
04/05/2016 04/05/16 Rented $18,000 +1025.0% --
03/06/2016 03/06/16 Under Contract -- -- --
03/03/2016 03/03/16 For Rent $1,600 0.0% --
09/14/2015 09/14/15 Sold $110,000 -11.9% $57 / Sq Ft View Prior Sale
06/11/2015 06/11/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $124,900 -- $65 / 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 $7,352 $74,600 $16,900 $57,700
2023 $7,218 $74,600 $16,900 $57,700
2022 $7,048 $74,600 $16,900 $57,700
2021 $6,969 $74,600 $16,900 $57,700
2020 $4,609 $74,600 $16,900 $57,700
2019 $2,352 $74,600 $16,900 $57,700
2018 $4,494 $74,600 $16,900 $57,700
2017 $4,517 $74,600 $16,900 $57,700
2016 $4,731 $74,600 $16,900 $57,700
2015 $2,882 $74,600 $16,900 $57,700
2014 $2,882 $74,600 $16,900 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 319669

APN: 030200-160-055-0001-020-000-0000