NOT LISTED FOR SALE

375 Prospect St Binghamton, NY 13905

Estimated Value: $105,000 - $194,000

4 Beds
2 Baths
1,900 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $125,000 $66 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,109/month

44 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

As of June 2023

All brick 2 family with separate utilities. Well maintained with a 2 updated electric services. 2 newer furnaces and rubber membranes. Roof (Approx 13/14 yrs). 2 Parking spaces for each apartment. Clean dry basement and room for storage and 2 laundry hookups. All new smoke + carbon monoxide detectors in each bedroom within past 6 months. (10 year battery)

Last Agent to Sell the Property

Diane Kerth

HOWARD HANNA License #30KE0732769 Listed on: 03/24/2023

HOWARD HANNA

Co-Listed By

Dale Tifft

HOWARD HANNA License #30TI0500492

Last Buyer's Agent

M Martino

eXp REALTY License #10401366449

eXp REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1936

Lot Details

  • Lot Dimensions are 41.08x80x40x70.62
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,900 Sq Ft Home
  • Walk-Out Basement
  • Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Johnson City Elementary School

Utilities

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

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $829
  • Water Sewer Expense $842
  • Gross Income $14,940
  • Net Operating Income $11,045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,224

Year Built

Built in 1936

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 41.08X80X40X70.62
  • Co List Office Mls Id: 12704
  • Co List Office Phone: 607-772-1177
  • Inclusions: CARBON MONOXIDE DETECTOR
  • Ownership: OWNER
  • Directions: Airport road to Prospect street to corner of Francis Street.
  • Above Grade Finished Sq Ft: 1900.0
  • Garage Yn: No
  • Year Built: 1936
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 1900.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 842.0

Schools

  • Elementary School: Johnson City Elementary
  • Junior High Dist: Johnson City

Lot Info

  • Zoning Description: R2
  • Zoning: R2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14940.0
  • Insurance Expense: 829.0
  • Property Net Operating Income: 11045.0
  • Annual Operating Expense: 3895.0
  • Total Actual Rent: 14940.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 2224.0
  • Tax Book Number: 143.51-3-11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Jun 8, 2023
Sold by
Aldrich David E
Bought by
Ab Smart Realty Llc
Seller's Agent
Diane Kerth
HOWARD HANNA
Buyer's Agent
M Martino
eXp REALTY
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$154,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,695
Avg. Annual Appreciation
8.00%
Original Mortgage
$593,750
Outstanding Balance
$577,873
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$423,178

Purchase Details

Closed on
Jul 12, 2005
Sold by
Stratton David
Bought by
Aldrich David

Purchase Details

Closed on
May 17, 2001
Sold by
Drake Tammy J
Bought by
Stratton David W

Purchase Details

Closed on
Jul 1, 1999
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
Ab Smart Realty Llc $125,000 None Listed On Document
Aldrich David $52,500 Purnima Doshi
Stratton David W $25,000 Jennifer C Ruggiero
-- $9,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ab Smart Realty Llc $593,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $125,000 +0.1% $66 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $124,900 -- $66 / 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
2024 $3,539 $60,000 $8,200 $51,800
2023 $2,273 $40,000 $8,200 $31,800
2022 $2,214 $40,000 $8,200 $31,800
2021 $2,187 $40,000 $8,200 $31,800
2020 $2,101 $40,000 $8,200 $31,800
2019 $0 $40,000 $8,200 $31,800
2018 $2,078 $40,000 $8,200 $31,800
2017 $2,009 $40,000 $8,200 $31,800
2016 $2,000 $40,000 $8,200 $31,800
2015 -- $40,000 $8,200 $31,800
2014 -- $40,000 $8,200 $31,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 320713

APN: 033089-143-051-0003-011-000-0000

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