NOT LISTED FOR SALE

16 Parsons St Binghamton, NY 13903

Southside East Binghamton Neighborhood

Estimated Value: $65,000 - $166,996

4 Beds
2 Baths
1,822 Sq Ft
$68/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $115,000 $63 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $805/month

4 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Level Lot
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of November 2023

NICE MONEY MAKER ON THE SOUTH SIDE OF BINGHAMTON! Each unit has an identical floor plan with the possibility of a third bedroom. Separate utilities. Both units have newer kitchens. Laundry in basement. Roof and gutters were replaced last year. Ideal for owner occupy or for investment. SELLER REQUIRES ALL BUYERS TO SHOW PROOF OF FUNDS OR PRE QUALIFICATION BEFORE ALL SHOWINGS.

Last Agent to Sell the Property

Derek Andreasen

HOWARD HANNA License #10401291485 Listed on: 09/27/2023

HOWARD HANNA

Last Buyer's Agent

John Farrell

EXIT REALTY HOMEWARD BOUND License #30FA0760806

EXIT REALTY HOMEWARD BOUND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,950

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 50x77
  • Level Lot

Parking

  • Shared Driveway

Home Design

  • 1,822 Sq Ft Home
  • Duplex
  • Vinyl Siding

Kitchen

  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Benjamin Franklin Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Basement

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,090
  • Water Sewer Expense $826
  • Gross Income $22,800
  • Net Operating Income $15,984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,950

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 50x77
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS,SUMP PUMP
  • Ownership: OWNER
  • Directions: Vestal Avenue to Mill Street to left onto Parsons Street.
  • Above Grade Finished Sq Ft: 1822.0
  • Garage Yn: No
  • Year Built: 1915
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Vinyl
  • Living Area: 1822.0

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, Parking Space(s), Shared Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 826.0

Schools

  • Elementary School: Benjamin Franklin
  • Junior High Dist: Binghamton

Lot Info

  • Zoning Description: Residential
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22800.0
  • Insurance Expense: 1090.0
  • Property Net Operating Income: 15984.0
  • Annual Operating Expense: 6816.0
  • Total Actual Rent: 22800.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 3950.0
  • Tax Book Number: 160.66-5-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Oct 30, 2023
Sold by
Emanuel Bernard
Bought by
16 Parsons Llc
Seller's Agent
Derek Andreasen
HOWARD HANNA
Buyer's Agent
John Farrell
EXIT REALTY HOMEWARD BOUND
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Total Days on Market
4
Views
43
Current Estimated Value
$124,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,749
Avg. Annual Appreciation
8.40%

Purchase Details

Closed on
Aug 7, 2007
Sold by
Hierl Robert
Bought by
Guarino Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,449
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2007
Sold by
Carroll Robert
Bought by
Hierl Robert
Source: Public Records

Range of Values:

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Average Value
Not Available
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
16 Parsons Llc $115,000 None Listed On Document
Guarino Peter $77,659 Kevin Yeager
Hierl Robert $38,000 Maureen Mangan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernard Emanuel $62,558
Previous Owner Guarino Peter $76,449
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $115,000 -4.1% $63 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $119,900 +82.1% $66 / Sq Ft
04/13/2020 04/13/20 Sold $65,851 -3.2% $36 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $68,000 -- $37 / 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 $6,042 $62,100 $10,100 $52,000
2023 $6,009 $62,100 $10,100 $52,000
2022 $5,867 $62,100 $10,100 $52,000
2021 $5,802 $62,100 $10,100 $52,000
2020 $3,836 $62,100 $10,100 $52,000
2019 $1,958 $62,100 $10,100 $52,000
2018 $3,741 $62,100 $10,100 $52,000
2017 $3,760 $62,100 $10,100 $52,000
2016 $3,775 $62,100 $10,100 $52,000
2015 $3,354 $62,100 $10,100 $52,000
2014 $3,354 $62,100 $10,100 $52,000
Source: Public Records

Agents Affiliated with this Home

  • Derek Andreasen

    Seller's Agent in 2023

    Derek Andreasen

    HOWARD HANNA

    (607) 237-7468

    3 in this area

    162 Total Sales

    Section Image
  • John Farrell

    Buyer's Agent in 2023

    John Farrell

    EXIT REALTY HOMEWARD BOUND

    (607) 760-5000

    19 in this area

    609 Total Sales

    Section Image
  • Dave Micha

    Seller's Agent in 2020

    Dave Micha

    SALL REAL ESTATE

    (607) 725-9339

    4 in this area

    86 Total Sales

    Section Image
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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 323070

APN: 030200-160-066-0005-010-000-0000

New York Broome County Binghamton 13903 Southside East Binghamton

16 Parsons St, Binghamton, NY

This home is located at 16 Parsons St, Binghamton, NY 13903 since 27 September 2023 and is currently estimated at $124,749, approximately $68 per square foot. This property was built in 1915. 16 Parsons St is a home located in Broome County with nearby schools including Benjamin Franklin Elementary School, Binghamton High School, and East Middle School.

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