NOT LISTED FOR SALE

Estimated Value: $79,000 - $92,956

4 Beds
3 Baths
2,128 Sq Ft
$40/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $44,000 $21 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $535/month

61 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • Carpet
  • Forced Air Heating System
  • Level Lot
  • 4-minute walk to Otsiningo Park

About This Home

As of October 2020

Three family with separate utilities. One bedroom townhouse style unit in front with a one bedroom and a two bedroom apartment in the rear. Off street parking, on bus line with easy access to Brandywine Highway and downtown. Easy to rent and terrific cap rate.

Last Agent to Sell the Property

Barb Gallo

EXIT REALTY FRONT AND CENTER License #10491200034 Listed on: 07/06/2020

EXIT REALTY FRONT AND CENTER

Last Buyer's Agent

Barb Gallo

EXIT REALTY FRONT AND CENTER License #10491200034 Listed on: 07/06/2020

EXIT REALTY FRONT AND CENTER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 0.3

Parking

  • Driveway

Home Design

  • 2,128 Sq Ft Home
  • Triplex
  • Aluminum Siding

Flooring

  • Carpet
  • Vinyl

Schools

  • Theodore Roosevelt Elementary School

Utilities

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

Additional Features

  • Range
  • 4 Bedrooms
  • Covered Patio or Porch
  • Level Lot
  • Basement

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Water Sewer Expense $408
  • Net Operating Income $16,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: .3 ac
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Directions: Brandywine Highway or Chenango St. to Bevier.
  • Above Grade Finished Sq Ft: 2128.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1936
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl
  • Living Area: 2128.0

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 408.0

Schools

  • Elementary School: Theodore Roosevelt
  • Junior High Dist: Binghamton

Lot Info

  • Zoning Description: R
  • Zoning: R

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 21900.0
  • Insurance Expense: 1367.0
  • Property Net Operating Income: 16300.0
  • Annual Operating Expense: 5680.0
  • Total Actual Rent: 21900.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3854.0
  • Tax Book Number: 144.51-3-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Oct 12, 2020
Sold by
Hogan David F and Hogan Susan L
Bought by
Rahman Shahana
Seller's Agent
Barb Gallo
EXIT REALTY FRONT AND CENTER
Buyer's Agent
Barb Gallo
EXIT REALTY FRONT AND CENTER
List Price
$59,900
Sold Price
$44,000
Premium/Discount to List
-$15,900
-26.54%
Current Estimated Value
$85,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,739
Avg. Annual Appreciation
14.21%

Purchase Details

Closed on
Sep 8, 2004
Sold by
Cook Donald
Bought by
Backo Bradley
Source: Public Records

Range of Values:

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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
Rahman Shahana $44,000 None Listed On Document
Backo Bradley $42,000 Chasl H Collison
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2020 10/21/20 Sold $44,000 -26.5% $21 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $59,900 -- $28 / 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 $4,281 $44,000 $9,200 $34,800
2023 $4,257 $44,000 $9,200 $34,800
2022 $4,157 $44,000 $9,200 $34,800
2021 $4,111 $44,000 $9,200 $34,800
2020 $3,904 $63,200 $9,200 $54,000
2019 $1,993 $63,200 $9,200 $54,000
2018 $3,807 $63,200 $9,200 $54,000
2017 $3,827 $63,200 $9,200 $54,000
2016 $4,150 $63,200 $9,200 $54,000
2015 $3,413 $63,200 $9,200 $54,000
2014 $3,413 $63,200 $9,200 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 304436

APN: 030200-144-051-0003-004-000-0000