NOT LISTED FOR SALE

Estimated Value: $159,000 - $196,000

7 Beds
2 Baths
1,552 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2021

Last sale price $131,000 $84 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,116 / mo

169 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Cooling System Mounted To A Wall/Window
  • Screened Porch
  • Storm Windows
  • 4-minute walk to Binghamton Recreation Park

About This Home

As of August 2021

Fully-occupied student rental with long rental history. 12.7% cap rate includes management, vacancy and maintenance. Buy something outside of the party zone and enjoy a reliable income property. Convenient location, driveway and easy street parking on Schubert. Close to BU bus line.

Last Agent to Sell the Property

Stephanie Jacobson

Yaman Commercial Industrial License #10401301213 Listed on: 02/26/2021

Last Buyer's Agent

Stephanie Jacobson

Yaman Commercial Industrial License #10401301213 Listed on: 02/26/2021

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 45 x 120
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,552 Sq Ft Home
  • Ceiling Fan
  • Screened Porch
  • Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Schools

  • Horace Mann Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Maintenance Expense $1,782
  • Water Sewer Expense $1,200
  • Net Operating Income $16,177

Listing and Financial Details

  • Assessor Parcel Number 030200-160-029-0003-023-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,392

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 45 x 120
  • Professional Management Expense: 2546.0
  • Directions: From downtown head west on Main; left on Laurel; right on Schubert. House is near corner of Schubert and Mendelssohn.
  • Above Grade Finished Sq Ft: 1552.0
  • Garage Yn: Yes
  • Structure Type: Apartment
  • Year Built: 1900
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 1552.0
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Exterior Features: Enclosed Porch, Storm Windows/Doors
  • Foundation Details: Basement
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 2640.0
  • Annual Water Sewer Expense: 1200.0

Schools

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

Lot Info

  • Parcel #: 030200-160-029-0003-023-000-0000
  • Zoning Description: Single
  • Zoning: Single

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 25460.0
  • Insurance Expense: 753.0
  • Maintenance Expense: 1782.0
  • Property Net Operating Income: 16177.0
  • Annual Operating Expense: 10622.0
  • Total Actual Rent: 26800.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 3392.0
  • Tax Book Number: 160.29-3-23

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
Aug 3, 2016
Closed on
Dec 5, 2016
Sold by
Bought by
Seller's Agent
Maureen Gorman
EXIT REALTY HOMEWARD BOUND
Buyer's Agent
Thi Dinh
EXIT REALTY HOMEWARD BOUND
List Price
$82,000
Sold Price
$82,000
Current Estimated Value
$171,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,717
Avg. Annual Appreciation
7.95%
Original Mortgage
$65,600
Interest Rate
3.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$82,000 None Available
$70,500 None Available
-- Michael Fauci
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 $98,250
Closed $65,600
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 Prior Sale
08/18/2021 08/18/21 Sold $131,000 +3.1% $84 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $127,000 +54.9% $82 / Sq Ft
12/08/2016 12/08/16 Sold $82,000 0.0% $41 / Sq Ft View Prior Sale
08/18/2016 08/18/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $82,000 -- $41 / 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 -- $56,000 $17,900 $38,100
2024 $5,519 $56,000 $17,900 $38,100
2023 $5,418 $56,000 $17,900 $38,100
2022 $5,291 $56,000 $17,900 $38,100
2021 $5,232 $56,000 $17,900 $38,100
2020 $3,460 $56,000 $17,900 $38,100
2019 $1,766 $56,000 $17,900 $38,100
2018 $3,373 $56,000 $17,900 $38,100
2017 $3,391 $56,000 $17,900 $38,100
2016 $3,404 $56,000 $17,900 $38,100
2015 $3,511 $56,000 $17,900 $38,100
2014 $3,511 $56,000 $17,900 $38,100
Source: Public Records

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 309278

APN: 030200-160-029-0003-023-000-0000

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