NOT LISTED FOR SALE

31 Colfax Ave Binghamton, NY 13905

First Ward Neighborhood

Estimated Value: $103,000 - $118,000

5 Beds
2 Baths
1,688 Sq Ft
$66/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $80,000 $47 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $716/month

8 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

As of March 2021

Excellent investment property. First ward duplex. Recently renovated Central to the first ward and walking distance to many Restaurants, shops and amenities.

Last Agent to Sell the Property

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 12/30/2020

Last Buyer's Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 12/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,317

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 45x95
  • Level Lot

Parking

  • Driveway

Home Design

  • 1,688 Sq Ft Home
  • Duplex
  • Aluminum Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Woodrow Wilson Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-144-069-0003-015-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Water Sewer Expense $1,600
  • Net Operating Income $9,736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,317

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 45x95
  • Directions: Clinton to Colfax
  • Above Grade Finished Sq Ft: 1688.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Structure Type: Duplex
  • Year Built: 1910
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 1688.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public, Other, See Remarks

Fee Information

  • Annual Water Sewer Expense: 1600.0

Schools

  • Elementary School: Woodrow Wilson
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-144-069-0003-015-000-0000
  • Zoning Description: Residential
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18900.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 9736.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3317.0
  • Tax Book Number: 144.69-3-15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Feb 26, 2021
Sold by
Equity Trust Company
Bought by
Bayles And Leeds Llc
Seller's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
Buyer's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Current Estimated Value
$110,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,989
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Oct 31, 2017
Closed on
Dec 5, 2018
Sold by
F & L Management Corp
Bought by
Equity Trust Co Custodian
Seller's Agent
John Farrell
EXIT REALTY HOMEWARD BOUND
Buyer's Agent
John Farrell
EXIT REALTY HOMEWARD BOUND
List Price
$10,000
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
151.98%

Purchase Details

Closed on
Nov 14, 2013
Sold by
Carey Nathaalie N and Carey Samuel
Bought by
F & L Management Corp

Purchase Details

Closed on
Mar 17, 2009
Sold by
Shannon Alphonse
Bought by
Maxwell Nathaalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,100
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Rucky David
Bought by
Shannon Alphonse
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
Bayles And Leeds Llc $80,000 None Available
Equity Trust Co Custodian $10,000 None Available
F & L Management Corp $40,000 None Available
Maxwell Nathaalie $48,925 --
Shannon Alphonse $45,000 Peter Gorton
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maxwell Nathaalie $39,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $80,000 -5.9% $47 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $85,000 +750.0% $50 / Sq Ft
12/03/2018 12/03/18 Sold $10,000 0.0% $6 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $10,000 -- $6 / 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 $5,225 $53,700 $7,000 $46,700
2023 $5,196 $53,700 $7,000 $46,700
2022 $5,074 $53,700 $7,000 $46,700
2021 $5,017 $53,700 $7,000 $46,700
2020 $3,317 $53,700 $7,000 $46,700
2019 $1,693 $53,700 $7,000 $46,700
2018 $3,235 $53,700 $7,000 $46,700
2017 $3,251 $53,700 $7,000 $46,700
2016 $3,264 $53,700 $7,000 $46,700
2015 $2,900 $53,700 $7,000 $46,700
2014 $2,900 $53,700 $7,000 $46,700
Source: Public Records

Agents Affiliated with this Home

  • Scott Warren

    Seller's Agent in 2021

    Scott Warren

    INNOVATIVE COMMERCIAL ADVISORS

    (607) 768-8568

    7 in this area

    129 Total Sales

    Scott Warren
    Section Image
  • Steph Jacobson

    Buyer Co-Listing Agent in 2021

    Steph Jacobson

    Yaman Commercial Industrial

    (607) 857-3864

    2 in this area

    80 Total Sales

    Steph Jacobson
    Section Image
  • John Farrell

    Seller's Agent in 2018

    John Farrell

    EXIT REALTY HOMEWARD BOUND

    (607) 760-5000

    29 in this area

    607 Total Sales

    John Farrell
    Section Image
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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 307716

APN: 030200-144-069-0003-015-000-0000

New York Broome County Binghamton 13905 First Ward

31 Colfax Ave, Binghamton, NY

This home is located at 31 Colfax Ave, Binghamton, NY 13905 since 30 December 2020 and is currently estimated at $110,989, approximately $65 per square foot. This property was built in 1910. 31 Colfax Ave is a home located in Broome County with nearby schools including Woodrow Wilson Elementary School, Binghamton High School, and West Middle School.

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