NOT LISTED FOR SALE

Estimated Value: $204,000 - $221,000

5 Beds
3 Baths
2,687 Sq Ft
$80/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,700,000 $633 Per Sq Ft

Current estimated payment $1,385/month

134 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 2-minute walk to Binghamton Recreation Park
  • Forced Air Heating System
  • 14 Car Garage

About This Home

As of April 2021

14 property package all located in Binghamton; 2 Mozart, 31 Schiller, 40 Tremont, 19 Highland, 3 Jerome, 10 Jefferson, 19 Haendel, 14 Carhart, 3 Aldrich, 23 Martha, 39 Rush, 1 King, 58 Schubert, 100 Crestmont, 18 Tremont. Excellent rental history, all fully rented, tenants pay all utilities (including water). Total taxes for all properties $58,236

Last Agent to Sell the Property

Frances Cook

FRANCES A. COOK License #10351214046 Listed on: 10/20/2020

Last Buyer's Agent

Frances Cook

FRANCES A. COOK License #10351214046 Listed on: 10/20/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $58,236

Year Built

  • Built in 1906

Lot Details

  • 7,841

Parking

  • 14 Car Garage

Home Design

  • 2,687 Sq Ft Home
  • Triplex
  • Aluminum Siding
  • Shake Siding
  • Vinyl Siding
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Thomas Jefferson Elementary School

Utilities

  • Forced Air Heating System
  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Basement

Community Details

  • 29 Separate Electric Meters
  • 29 Separate Gas Meters
  • Maintenance Expense $33,600
  • Net Operating Income $257,742

Listing and Financial Details

  • Assessor Parcel Number 030200-159-044-0003-004-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$58,236

Year Built

Built in 1906

Lot Details

0

Parking

14

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 1
  • Directions: 14 separate properties
  • Above Grade Finished Sq Ft: 2687.0
  • Architectural Style: Multi-Family
  • Garage Yn: Yes
  • Year Built: 1906
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Other, See Remarks, Tile, Vinyl
  • Living Area: 1.0

Exterior Features

  • Lot Features: Other, See Remarks
  • Construction Type: Aluminum Siding, Shake Siding, Stucco, Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 14.0
  • Parking Features: Other, See Remarks

Utilities

  • Cooling: Other, See Remarks
  • Heating: Baseboard, Forced Air, Hot Water, Other, Radiator(s), See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Parcel #: 030200-159-044-0003-004-000-0000
  • Zoning Description: R2
  • Zoning: R2

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 362700.0
  • Insurance Expense: 13842.0
  • Maintenance Expense: 33600.0
  • Property Net Operating Income: 257742.0
  • Total Actual Rent: 367500.0
  • Number Of Separate Electric Meters: 29
  • Number Of Separate Gas Meters: 29

Tax Info

  • Tax Annual Amount: 58236.0
  • Tax Book Number: 159.44-3-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Apr 23, 2021
Sold by
Amino Llc
Bought by
Otica Llc
Seller's Agent
Frances Cook
FRANCES A. COOK
Buyer's Agent
Frances Cook
FRANCES A. COOK
List Price
$1,850,000
Sold Price
$1,700,000
Premium/Discount to List
-$150,000
-8.11%
Current Estimated Value
$214,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,485,333
Avg. Annual Appreciation
-36.69%

Purchase Details

Closed on
Mar 1, 2006
Sold by
Lawall Daniel
Bought by
Amino Llc

Purchase Details

Closed on
Jan 17, 2006
Sold by
Soule Joseph
Bought by
Soule Joseph

Purchase Details

Closed on
Apr 12, 2002
Sold by
Bailey Soule Joseph
Bought by
Soule Joseph Bailey
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
Otica Llc $1,700,000 None Available
Amino Llc -- John Bach
Lawall Daniel $87,500 John Bach
Soule Joseph -- Patricia Derue
Soule Joseph Bailey -- Kevin H Yeager
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amino Llc $978,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,700,000 -8.1% $633 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
10/20/2020 10/20/20 For Sale $1,850,000 -- $689 / 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 $7,200 $74,000 $19,900 $54,100
2023 $7,160 $74,000 $19,900 $54,100
2022 $6,992 $74,000 $19,900 $54,100
2021 $6,913 $74,000 $19,900 $54,100
2020 $4,572 $74,000 $19,900 $54,100
2019 $2,333 $74,000 $19,900 $54,100
2018 $4,458 $74,000 $19,900 $54,100
2017 $4,680 $74,000 $19,900 $54,100
2016 $4,698 $74,000 $19,900 $54,100
2015 $3,997 $74,000 $19,900 $54,100
2014 $3,997 $74,000 $19,900 $54,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 306956

APN: 030200-159-044-0003-004-000-0000