NOT LISTED FOR SALE

31 Elm St Binghamton, NY 13905

First Ward Neighborhood

Estimated Value: $66,000 - $135,000

3 Beds
2 Baths
2,100 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $15,000 $7 Per Sq Ft

Est. 656% increase in value since last sale

Current estimated payment $710/month

Highlights

  • Attic
  • Storm Windows
  • Ceiling Fan
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Satellite Dish

About This Home

As of April 2018

Investment opportunity in convenient location. With many updates, this two family near bus line is easy to rent and easy to maintain. It offers laundry in each unit plus tons of storage. Second floor has a finished, insulated attic/bonus room. New furnace and new water heater installed in 2011. Subject to short sale approval. As is.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 37x110
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Aluminum Siding

Interior Spaces

  • 3 Bedrooms
  • 2,100 Sq Ft Home
  • Ceiling Fan
  • Walk-Out Basement
  • Range
  • Attic

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Woodrow Wilson Elementary School

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 030200-144-079-0003-023-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $997
  • Water Sewer Expense $1,400
  • Gross Income $16,500
  • Net Operating Income $9,386

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 37X110
  • Inclusions: SHADES/BLINDS ONLY,SUMP PUMP
  • Ownership: OWNER
  • Directions: Prospect to Mygatt toward Clinton, left on Elm
  • Above Grade Finished Sq Ft: 2100.0
  • Garage Yn: No
  • Year Built: 1900
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Walk-Out Access
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Attic
  • Living Area: 2100.0
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Basement, Stone
  • Patio And Porch Features: Covered, Enclosed, Open, Patio, Porch

Garage/Parking

  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 1400.0

Schools

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

Lot Info

  • Lot Size Sq Ft: 3920.0
  • Parcel #: 030200-144-079-0003-023-000-0000
  • Zoning Description: RES
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16500.0
  • Insurance Expense: 997.0
  • Property Net Operating Income: 9386.0
  • Total Actual Rent: 16500.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3571.0
  • Tax Book Number: 144.79-3-23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2015
Closed on
Mar 9, 2018
Sold by
Comings Joseph and Comings Kalyn
Bought by
Jabez Realty Corp
List Price
$69,700
Sold Price
$15,000
Premium/Discount to List
-$54,700
-78.48%
Current Estimated Value
$113,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,391
Avg. Annual Appreciation
30.63%

Purchase Details

Closed on
Dec 14, 2009
Sold by
Wood Rita
Bought by
Comings Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
5.75%
Mortgage Type
Unknown
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
Jabez Realty Corp $15,000 None Available
Comings Joseph $86,000 Ken Tomko
Comings Joseph $86,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Comings Joseph $81,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2018 04/05/18 Sold $15,000 -78.5% $7 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
11/25/2015 11/25/15 For Sale $69,700 -- $33 / 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 $5,497 $56,500 $7,200 $49,300
2023 $5,467 $56,500 $7,200 $49,300
2022 $5,338 $56,500 $7,200 $49,300
2021 $5,278 $56,500 $7,200 $49,300
2020 $3,490 $56,500 $7,200 $49,300
2019 $1,782 $56,500 $7,200 $49,300
2018 $3,403 $56,500 $7,200 $49,300
2017 $3,571 $56,500 $7,200 $49,300
2016 $3,435 $56,500 $7,200 $49,300
2015 $2,479 $56,500 $7,200 $49,300
2014 $2,479 $56,500 $7,200 $49,300
Source: Public Records

Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 202359

APN: 030200-144-079-0003-023-000-0000

New York Broome County Binghamton 13905 First Ward

31 Elm St, Binghamton, NY

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