M
Seller's Agent in 2024
Michael Rizzo
CENTURY 21 NORTH EAST
5 in this area
18 Total Sales
5 Gaines St Binghamton, NY 13905
First Ward NeighborhoodEstimated Value: $91,000 - $109,000
3
Beds
2
Baths
1,756
Sq Ft
$55/Sq Ft
Est. Value
Highlights
- Covered Patio or Porch
- Ceiling Fan
- Carpet
- Forced Air Heating System
- Level Lot
About This Home
As of June 2024Here's a SUPER AFFORDABLE 2 family investment property for your portfolio that allows for so much upside potential with an additional "buildable city lot" (located at 7 Gaines) that is included with it! This great investment opportunity is just steps to the Front St Gateway to Downtown and a short walk (3 blocks) to all that downtown has to offer and easy access to BCC on upper Front St and the bus lines too. The property offers a NEWER ROOF (approx 3 years old) & both furnaces, water heaters and breaker boxes have been replaced since the seller has owned it. The 1st floor 2 bedroom apt also has a 10 x 13 heated & windowed storage room allowing the potential for a 3rd bedroom if finished. So bring your DIY skills here. Also seller will give a $500 allowance for living room carpet replacement at closing. The 2nd floor vacant apartment is "MOVE IN READY". There are separate utilities, as tenants are responsible for heat, gas and electric for each apt. House is solid but selling AS-IS
Last Agent to Sell the Property
CENTURY 21 NORTH EAST License #40RI1071373 Listed on: 04/16/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,926
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 43 x 105
- Level Lot
Parking
- Driveway
Home Design
- Duplex
- Shingle Siding
Interior Spaces
- 1,756 Sq Ft Home
- Ceiling Fan
- Range
- Basement
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Woodrow Wilson Elementary School
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 030200-144-080-0002-018-000-0000
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2024
Closed on
Jun 3, 2024
Sold by
Downstate Llc
Bought by
Limavele Rafael W
Seller's Agent
Michael Rizzo
CENTURY 21 NORTH EAST
Buyer's Agent
Amy Valls
EXIT REALTY HOMEWARD BOUND
List Price
$89,900
Sold Price
$89,900
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,498
Avg. Annual Appreciation
4.58%
Purchase Details
Closed on
Mar 27, 2006
Sold by
Sullivan Kathleen
Bought by
Rooney James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,600
Interest Rate
7.51%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 23, 2004
Sold by
Allen Mary
Bought by
Sullivan Kathleen
Purchase Details
Closed on
Jan 19, 1998
Sold by
Joseph Mcnamara J and Joseph Mildred W
Bought by
Allen Mary
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Limavele Rafael W | $89,900 | Greenacre Abstract | |
| Rooney James | $37,000 | Fred Xlander | |
| Sullivan Kathleen | $28,500 | Sherwood & Sherwood | |
| Allen Mary | $29,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rooney James | $29,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $89,900 | 0.0% | $51 / Sq Ft |
| 05/31/2024 05/31/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $89,900 | -- | $51 / Sq Ft |
Source: Greater Binghamton Association of REALTORS®
Tax History Compared to Growth
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 | $4,534 | $46,000 | $7,100 | $38,900 |
| 2023 | $4,451 | $46,000 | $7,100 | $38,900 |
| 2022 | $4,346 | $46,000 | $7,100 | $38,900 |
| 2021 | $4,298 | $46,000 | $7,100 | $38,900 |
| 2020 | $2,842 | $46,000 | $7,100 | $38,900 |
| 2019 | $1,450 | $46,000 | $7,100 | $38,900 |
| 2018 | $2,771 | $46,000 | $7,100 | $38,900 |
| 2017 | $2,785 | $46,000 | $7,100 | $38,900 |
| 2016 | $2,796 | $46,000 | $7,100 | $38,900 |
| 2015 | $2,484 | $46,000 | $7,100 | $38,900 |
| 2014 | $2,484 | $46,000 | $7,100 | $38,900 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rizzo
-
Amy Valls
Buyer's Agent in 2024
Amy Valls
EXIT REALTY HOMEWARD BOUND
(607) 760-4371
5 in this area
106 Total Sales
Map
Source: Greater Binghamton Association of REALTORS®
MLS Number: 325228
APN: 030200-144-080-0002-018-000-0000
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