NOT LISTED FOR SALE

Estimated Value: $100,354

6 Beds
2 Baths
1,945 Sq Ft
$52/Sq Ft Est. Value

Sale Details

Date Sold: February 5, 2024

Last sale price $58,000 $30 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $628 / mo

160 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Level Lot
  • Open Patio

About This Home

As of February 2024

Discover this lucrative two-family income-generating residence nestled in a prime location. Unlock incredible possibilities for student rentals or conventional market leasing, all while being sold "as is." Positioned within the coveted R3 student rental zone, this property presents a remarkable investment opportunity. Don't miss out! ***AS IS***

Last Agent to Sell the Property

Cary Turner

WARREN REAL ESTATE (Vestal) License #10401377337 Listed on: 08/10/2023

Last Buyer's Agent

Michael Summers

KELLER WILLIAMS REALTY GREATER BINGHAMTON License #10301216231

KELLER WILLIAMS REALTY GREATER BINGHAMTON

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1925

Lot Details

  • Level Lot

Parking

  • On-Street Parking

Home Design

  • 1,945 Sq Ft Home
  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Thomas Jefferson Elementary School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 030200-160-032-0001-001-000-0000

Community Details

Overview

  • 2 Units
  • Newell Place Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,511

Year Built

Built in 1925

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 52 ft x 80 ft
  • Ownership: OWNER
  • Subdivision Name: Newell Place
  • Directions: Located off of Front Street off of Gerard.
  • Above Grade Finished Sq Ft: 1945.0
  • Garage Yn: No
  • Year Built: 1925
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Other, See Remarks
  • Living Area: 1945.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: See Remarks
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Parking Features: On Street

Utilities

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

Schools

  • Elementary School: Thomas Jefferson
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-160-032-0001-001-000-0000
  • Zoning Description: Residential Multi Unit Dw
  • Zoning: Residential Multi Unit Dw
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 2511.16
  • Tax Book Number: 160.32-1-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Feb 13, 2024
Sold by
Anandakrishnan Rajesh
Bought by
161 Oak Llc
Seller's Agent
Cary Turner
WARREN REAL ESTATE (Vestal)
Buyer's Agent
Michael Summers
KELLER WILLIAMS REALTY GREATER BINGHAMTON
List Price
$85,000
Sold Price
$58,000
Premium/Discount to List
-$27,000
-31.76%
Views
324
Current Estimated Value
$100,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,354
Avg. Annual Appreciation
28.30%

Purchase Details

Closed on
Dec 28, 2001
Sold by
Wheeler Gordon S
Bought by
Russell H Phelps Trust

Purchase Details

Closed on
Sep 18, 1998
Sold by
Sasquehanna St Proerpties
Bought by
Wheeler Gordon S

Purchase Details

Closed on
Aug 25, 1998
Sold by
Nationscredit Financing S
Bought by
St Susquehanna

Purchase Details

Closed on
Dec 17, 1996
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
161 Oak Llc -- None Listed On Document
Russell H Phelps Trust $12,032 Peter Gorton
Wheeler Gordon S $21,000 --
St Susquehanna $7,000 --
-- $58,392 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2024 02/05/24 Sold $58,000 -17.1% $30 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
11/13/2023 11/13/23 Price Changed $70,000 -12.5% $36 / Sq Ft
10/24/2023 10/24/23 Price Changed $80,000 -5.9% $41 / Sq Ft
08/10/2023 08/10/23 For Sale $85,000 -- $44 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

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
2025 $3,942 $40,000 $6,900 $33,100
2024 $3,942 $40,000 $6,900 $33,100
2023 $3,870 $40,000 $6,900 $33,100
2022 $3,779 $40,000 $6,900 $33,100
2021 $3,737 $40,000 $6,900 $33,100
2020 $2,471 $40,000 $6,900 $33,100
2019 $1,261 $40,000 $6,900 $33,100
2018 $2,410 $40,000 $6,900 $33,100
2017 $2,422 $40,000 $6,900 $33,100
2016 $2,432 $40,000 $6,900 $33,100
2015 $2,320 $40,000 $6,900 $33,100
2014 $2,320 $40,000 $6,900 $33,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 322449

APN: 030200-160-032-0001-001-000-0000

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