NOT LISTED FOR SALE

Estimated Value: $176,069 - $243,000

5 Beds
3 Baths
2,937 Sq Ft
$72/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $185,000 $63 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,323/month

6 Days on Market

Highlights

  • Mature Trees
  • Attic
  • Workshop
  • Wood Flooring
  • Enclosed Patio or Porch
  • 3 Car Garage

About This Home

As of February 2023

First time on the market! Great Southside 2 family with separate utilities has been lovingly cared for through four generations and is ready for a new owner.
Excellent opportunity for investors or owner occupy, this house an amazing detached 3 car garage with a workshop and a large driveway for additional off street parking. Small yard is less to mow in the summer, making the house easier to maintain. Back of the house has covered entry to units with enclosed porches protecting against the elements in the winter. Unit on the 2nd floor has an oversized sunporch with original woodwork and has a view of the whole street. Third floor has a view of the downtown Binghamton skyline at night. Rents are estimated. Owner is Executor of the Estate and a Licensed RE Broker.
Water is 150 per quarter. NYSEG runs approx. 350 per month for floor 2&3 and 150 per month for floor 1.

Last Agent to Sell the Property

Carrie King

NEXTHOME KINGDOM License #10491209788 Listed on: 12/12/2022

NEXTHOME KINGDOM

Last Buyer's Agent

James Lucenti

INNOVATIVE COMMERCIAL ADVISORS License #10401302147

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,086

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 47 x 141
  • Landscaped
  • Level Lot
  • Mature Trees

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Aluminum Siding

Interior Spaces

  • 2,937 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Workshop
  • Storm Windows
  • Attic
  • Basement

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Macarthur Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Baseboard Heating
  • Gravity Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 030200-160-065-0002-042-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $900
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,086

Year Built

Built in 1905

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 47 x 141
  • Inclusions: CARBON MONOXIDE DETECTOR,SHADES/BLINDS ONLY,SMOKE DETECTORS,SUMP PUMP,WINDOW TREATMENTS-ALL
  • Ownership: ESTATE,REAL ESTATE LICENSEE
  • Directions: Vestal Ave to Genesee Ave
  • Above Grade Finished Sq Ft: 2308.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Structure Type: Duplex
  • Year Built: 1905
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Range, Refrigerator, Range Hood, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Walk-In Closet(s), Workshop
  • Living Area: 2937.0
  • Window Features: Insulated Windows, Storm Window(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Exterior Features: Landscaping, Mature Trees/Landscape, Other, Porch
  • Foundation Details: Basement, Stone
  • Patio And Porch Features: Covered, Enclosed, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Driveway, Detached, Garage, Three Car Garage, Oversized, Parking Space(s)

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gravity
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 250.0
  • Annual Water Sewer Expense: 600.0

Schools

  • Elementary School: MacArthur
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-160-065-0002-042-000-0000
  • Zoning Description: R2
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 250.0
  • Insurance Expense: 900.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5086.0
  • Tax Book Number: 160.65-2-42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Feb 10, 2023
Sold by
Rice Gary E
Bought by
King Carrie R and Carnesi Gianna
Seller's Agent
Carrie King
NEXTHOME KINGDOM
Buyer's Agent
James Lucenti
INNOVATIVE COMMERCIAL ADVISORS
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Views
183
Current Estimated Value
$212,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,017
Avg. Annual Appreciation
4.86%
Original Mortgage
$138,750
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2013
Sold by
Rice George E and Rice Irma P
Bought by
Rice Gary E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
King Carrie R $185,000 --
Rice Gary E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed King Carrie R $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $185,000 -2.6% $63 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/12/2022 12/12/22 For Sale $189,900 -- $65 / 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 $8,052 $81,700 $11,000 $70,700
2023 $7,905 $81,700 $11,000 $70,700
2022 $7,719 $81,700 $11,000 $70,700
2021 $7,633 $81,700 $11,000 $70,700
2020 $3,704 $81,700 $11,000 $70,700
2019 $2,576 $81,700 $11,000 $70,700
2018 $3,578 $81,700 $11,000 $70,700
2017 $4,289 $81,700 $11,000 $70,700
2016 $3,676 $81,700 $11,000 $70,700
2015 $2,815 $81,700 $11,000 $70,700
2014 $2,815 $81,700 $11,000 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 319773

APN: 030200-160-065-0002-042-000-0000