$170,000
SOLD NOV 3, 2020
6 Beds
3 Baths
3,000 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

5 Days on Market

Highlights

  • Mature Trees
  • Attic
  • Storm Windows
  • Wood Flooring
  • Enclosed Patio or Porch
  • Forced Air Heating System

About This Home

As of November 2020

WEST SIDE INVESTMENT OPPORTUNITY IN EXCELLENT CONDITION! Used as a profitable student rental for many years. Fully furnished and ready to go! Each apartment has an additional room that was used as a dining room or study room, could be a fourth bedroom if complying with Binghamton restriction on no more than 3 non-related occupants. Enclosed wrap around front porch and enclosed back porch as well gives each apartment dual egress. Large finished attic provides a great recreational common area with a full bathroom and kitchenette. Sale includes all furniture, kitchen appliances in both apartments and 2 washers and dryers in the basement. Off street parking and a 2 car garage. 10% cap rate with owner paying water. It was previously billed back to the tenants which would raise cap rate to 11%.

Last Agent to Sell the Property

Mark Camera-Eckman

HOWARD HANNA License #40CA1088859 Listed on: 08/19/2020

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

  • $4,708

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50 x 125
  • Level Lot
  • Mature Trees

Parking

  • 2 Car Garage
  • Carport

Home Design

  • 3,000 Sq Ft Home
  • Duplex
  • Aluminum Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Thomas Jefferson Elementary School

Utilities

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

Additional Features

  • Range
  • Enclosed Patio or Porch
  • Attic
  • Basement

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1,200
  • Net Operating Income $17,372

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,708

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 50 x 125
  • Professional Management Expense: 2880.0
  • Inclusions: CARBON MONOXIDE DETECTOR,FURNISHINGS/CALL LO,MIRRORS-Perm affixed,SMOKE DETECTORS,WINDOW TREATMENTS-ALL
  • Directions: Riverside Drive to Millard St. Corner of Millard and Lincoln Ave.
  • Above Grade Finished Sq Ft: 3000.0
  • Garage Yn: Yes
  • Year Built: 1910
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Carpet, Hardwood, Laminate, Vinyl, Wood
  • Interior Amenities: Attic
  • Living Area: 3000.0
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Exterior Features: Mature Trees/Landscape
  • Foundation Details: Basement, Concrete Perimeter
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Carport, Two Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

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

Lot Info

  • Zoning Description: R2
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 17372.0
  • Total Actual Rent: 28800.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 4708.0
  • Tax Book Number: 160.46-5-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 28, 2020
Sold by
Tria Holdings Llc
Bought by
Hayes Orion M
Seller's Agent
Mark Camera-Eckman
HOWARD HANNA
Buyer's Agent
John Farrell
EXIT REALTY HOMEWARD BOUND
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$166,920
Outstanding Balance
$148,874
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$101,151

Purchase Details

Closed on
Sep 15, 2006
Sold by
Papadimas Dimos
Bought by
Tria Holdings Llc

Purchase Details

Closed on
Jun 8, 2006
Sold by
Baxter Robert
Bought by
Papadimas Dimos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2003
Sold by
Rhb Holdings Iii Llc
Bought by
Baxter Robert H

Purchase Details

Closed on
Nov 19, 2001
Sold by
Baxter Robert H
Bought by
Rhb Holdings Iii Llc

Purchase Details

Closed on
Jan 24, 2000
Sold by
Havich Richard
Bought by
Baxter Robert H
Source: Public Records

Similar Homes in Binghamton, NY

  • 135 Laurel Ave, Binghamton, NY 13905

    $179,900

    • 6 Beds
    • 3 Baths
    • 2,400 Sq Ft
    • 135 Laurel Ave
    • Binghamton, NY

    Great Investment opportunity located on the Westside of Binghamton. 2-1 Bedroom apartments fully rented on the first floor. Second floor has a spacious and furnished 4-bedroom 1 bath apartment recently rented for 2,000 per month plus utilities. The basement has the washer/dryer area and utilities. All utilities are in great shape. Outside there is an oversized 2 car garage with a covered porch on

    R. Karl Zandt EXIT REALTY FRONT AND CENTER

    Section Image
  • 5-7 Mozart St, Binghamton, NY 13905

    $145,000

    • 6 Beds
    • 2 Baths
    • 2,296 Sq Ft
    • 5-7 Mozart St
    • Binghamton, NY

    Binghamton Westside two family house, hardwood flooring , near bus line to BU campus, close to shopping , restaurant and Recreation Park, separate electricity and gas meter, tenants pay utilities, owner pay wRight side unit is vacant. Live in one unit and rent out other one, let the tenant help pay for your mortgage

    Min (Susan) Zhou EXIT REALTY HOMEWARD BOUND

    Section Image
  • 3 Mozart St, Binghamton, NY 13905

    $165,000

    • 6 Beds
    • 2 Baths
    • 2,384 Sq Ft
    • 3 Mozart St
    • Binghamton, NY

    Binghamton Westside two family house, 3 bedroom 1 bath on each floor, near bus line to BU campus, close to shopping , restaurant and Recreation Park, separate electricity and gas meter, Live in one and rent out other to pay your mortgage

    Min (Susan) Zhou EXIT REALTY HOMEWARD BOUND

    Section Image
  • 2 Erie St, Binghamton, NY 13905

    $190,000

    • 7 Beds
    • 2 Baths
    • 5,200 Sq Ft
    • 2 Erie St
    • Binghamton, NY

    Welcome to 4 Erie St, in a secluded area of the First Ward of Binghamton. Offering you a turnkey investment property, fully rented out, with a lot more potential to come. Beautiful hardwood floors throughout this property with separate utilities for the tenants. Turn this Duplex into a real income producer, buy utilizing the oversized warehouse space for storage, fun hobbies, or even a

    Dave Micha SALL REAL ESTATE

    Section Image
  • 20 Elm St, Binghamton, NY 13905

    $170,000

    • 6 Beds
    • 2 Baths
    • 2,304 Sq Ft
    • 20 Elm St
    • Binghamton, NY

    Gorgeous large duplex, each side with 3 bedrooms and one bath, walk up attic, newer furnaces, water heaters in clean dry basement, and updated electric. Camelback stairs accent the beautiful woodwork in this stately home. Hardwood floors throughout. Large flat back yard. Drive way and off street parking, Perfect for Owner Occupy/Great Investment, Close to Downtown/Bus line. This is truly a must

    LeeAnna Adams-Stefano KELLER WILLIAMS REALTY GREATER BINGHAMTON

    Section Image
  • 29 Hazel St, Binghamton, NY 13905

    $185,900

    • 6 Beds
    • 2 Baths
    • 1,976 Sq Ft
    • 29 Hazel St
    • Binghamton, NY

    Great investment home located close to bus line and downtown Binghamton. Two new furnaces ( 2023) , one new hot water tank(2023) ,new fridge and stove upstairs ( 2023) new fridge and stove downstairs (2024) Completely remodeled downstairs with new vinyl flooring throughout with new granite and new paint.

    Keith Daniels EXIT REALTY FRONT AND CENTER

    Section Image
  • 31 Baxter St, Binghamton, NY 13905

    $165,000

    • 6 Beds
    • 4 Baths
    • 1,950 Sq Ft
    • 31 Baxter St
    • Binghamton, NY

    Welcome to 31 Baxter St. in Binghamton NY. This Four Family Building sits on a large double lot and has Two 1 bedroom apartments and Two 2 bedroom apartments featuring all separate utilities making this an incredible investment opportunity for seasoned investors and beginners alike. Live in one apartment and rent out three to take advantage of FHA financing. The rents are a pro forma based on

    Scott Warren INNOVATIVE COMMERCIAL ADVISORS

    Section Image
  • 5 Way St, Binghamton, NY 13901

    $189,900

    • 6 Beds
    • 5 Baths
    • 3,288 Sq Ft
    • 5 Way St
    • Binghamton, NY

    Centrally located 5 unit building.

    Scott Smith EXIT REALTY HOMEWARD BOUND

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $170,000 None Available
Quit Claim Deed -- Jon Sarra
Deed $131,000 Jon Sarra
Deed -- Lillian Levy
Deed -- Lillian Levy
Deed $57,900 Lillian Levy
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $166,920 FHA
Previous Owner $117,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 Price Changed $274,900 -7.8% $92 / Sq Ft
05/02/2025 05/02/25 For Sale $298,000 +75.3% $99 / Sq Ft
11/03/2020 11/03/20 Sold $170,000 +0.1% $57 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $169,900 -- $57 / 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 $10,430 $107,200 $7,500 $99,700
2023 $10,372 $107,200 $7,500 $99,700
2022 $10,128 $107,200 $7,500 $99,700
2021 $10,015 $107,200 $7,500 $99,700
2020 $4,769 $77,200 $7,500 $69,700
2019 $2,434 $77,200 $7,500 $69,700
2018 $4,650 $77,200 $7,500 $69,700
2017 $4,674 $77,200 $7,500 $69,700
2016 $4,693 $77,200 $7,500 $69,700
2015 $4,170 $77,200 $7,500 $69,700
2014 $4,170 $77,200 $7,500 $69,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 306136

APN: 030200-160-046-0005-004-000-0000