NOT LISTED FOR SALE

Estimated Value: $114,000 - $148,632

4 Beds
2 Baths
1,830 Sq Ft
$70/Sq Ft Est. Value

Last Sold June 20, 2022

Last sale price $90,000 $49 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $831/month

15 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • Storm Windows
  • Deck
  • 1 Car Detached Garage
  • Open Patio

About This Home

As of June 2022

5 Birch is a lovingly cared for single family home rented consistently to BU sports teams. The students love its open kitchen, cozy living room, two baths and nice-sized bedrooms. Rented slightly under market at $400/bed, the rent could be raised; but happy, tidy tenants who pay on time are worth their weight in gold. Current lease goes through May 2022, and it's possible to secure a lease through May 2023.

Last Agent to Sell the Property

Steph Jacobson

Yaman Commercial Industrial License #10401301213 Listed on: 03/31/2022

Last Buyer's Agent

Gena Tanzini

EXIT REALTY HOMEWARD BOUND License #10401353400

EXIT REALTY HOMEWARD BOUND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 50 x 132
  • Landscaped
  • Level Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,830 Sq Ft Home
  • Insulated Windows
  • Disposal
  • Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Open Patio

Schools

  • Benjamin Franklin Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 030200-160-058-0002-036-000-0000

Community Details

Overview

  • Corbett & Currans Sub Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Water Sewer Expense $806
  • Net Operating Income $11,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,224

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 50 x 132
  • Professional Management Expense: 1800.0
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER
  • Subdivision Name: Corbett & Currans Sub
  • Directions: South side, Birch St.
  • Above Grade Finished Sq Ft: 1830.0
  • Garage Yn: Yes
  • Structure Type: Apartment
  • Year Built: 1916
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Exhaust Fan, Disposal, Gas Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Flooring: Carpet, Tile, Wood
  • Living Area: 1830.0
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Level
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Landscaping, Mature Trees/Landscape, Storm Windows/Doors
  • Foundation Details: Basement
  • Patio And Porch Features: Deck, Open

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage

Utilities

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

Fee Information

  • Annual Fuel Expense: 1588.0
  • Annual Water Sewer Expense: 806.0

Schools

  • Elementary School: Benjamin Franklin
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-160-058-0002-036-000-0000
  • Zoning Description: Res
  • Zoning: Res

Multi Family

  • Number Of Units Total: 1
  • Electric Expense: 1588.0
  • Annual Gross Income: 19200.0
  • Insurance Expense: 1668.0
  • Property Net Operating Income: 11750.0
  • Annual Operating Expense: 7450.0
  • Total Actual Rent: 19200.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 4224.0
  • Tax Book Number: 160.58-2-36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 27, 2022
Sold by
Sroczynski Paul Frank and Candice A Sroczynski Living Trust
Bought by
Oppong Joyce
Seller's Agent
Steph Jacobson
Yaman Commercial Industrial
Buyer's Agent
Gena Tanzini
EXIT REALTY HOMEWARD BOUND
List Price
$92,500
Sold Price
$90,000
Premium/Discount to List
-$2,500
-2.7%
Current Estimated Value
$128,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,408
Avg. Annual Appreciation
9.21%

Purchase Details

Closed on
Dec 28, 2020
Sold by
Sroczynski Paul Frank and Estate Of Candice A Sroczynski
Bought by
Sroczynski Paul Frank and Candice A Sroczynski Living Tr

Purchase Details

Closed on
May 2, 2008
Sold by
Gabriel Mary
Bought by
Sroczynski Candice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2001
Sold by
Gabriel Michael F
Bought by
Gabriel Mary

Purchase Details

Closed on
Apr 6, 2001
Sold by
Keybank Nati0nal Associat Es
Bought by
Gabriel Michael F

Purchase Details

Closed on
Dec 26, 2000

Purchase Details

Closed on
Jan 19, 1995
Sold by
Christian Robert D Christian A
Bought by
Bellis Bruce R
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
Oppong Joyce $90,000 None Available
Sroczynski Paul Frank -- None Available
Sroczynski Candice $100,000 Charles H Collison
Gabriel Mary $31,900 --
Gabriel Michael F $31,900 Jeffrey Hawkes
-- $50,000 --
Bellis Bruce R $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sroczynski Candice $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Sold $90,000 -2.7% $49 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $92,500 -- $51 / 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 $6,032 $62,000 $5,000 $57,000
2023 $5,999 $62,000 $5,000 $57,000
2022 $5,858 $62,000 $5,000 $57,000
2021 $5,792 $62,000 $5,000 $57,000
2020 $3,830 $62,000 $5,000 $57,000
2019 $1,955 $62,000 $5,000 $57,000
2018 $3,735 $62,000 $5,000 $57,000
2017 $3,754 $62,000 $5,000 $57,000
2016 $3,769 $62,000 $5,000 $57,000
2015 $2,776 $62,000 $5,000 $57,000
2014 $2,776 $62,000 $5,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 316513

APN: 030200-160-058-0002-036-000-0000