NOT LISTED FOR SALE

505 African Rd Vestal, NY 13850

Estimated Value: $314,000 - $407,000

4 Beds
2.5 Baths
2,608 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $299,000 $115 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,715/month

Highlights

  • Colonial Architecture
  • Furnished
  • 2 Car Garage
  • African Road Elementary School Rated A

About This Home

As of February 2024

Beautiful Vestal 4 bed 2 full bath 2 half bath colonial house with nice backyard. one minute walk to the African road Elementary & Vestal Middle school. It has nice deck & a Shed. Shopping Mall is 2 minutes drive. Do not miss this great opportunity.

Last Agent to Rent the Property

Muhammad Islam

EXIT REALTY HOMEWARD BOUND License #10401357730 Listed on: 11/02/2023

EXIT REALTY HOMEWARD BOUND

Last Renter's Agent

Muhammad Islam

EXIT REALTY HOMEWARD BOUND License #10401357730 Listed on: 11/02/2023

EXIT REALTY HOMEWARD BOUND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,390

Year Built

  • Built in 1984

Lot Details

  • 0.35

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,608 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • African Road Elementary School

Community Details

  • Lynnhurst Sub #9 Subdivision

Listing and Financial Details

  • Tenant pays for electricity, exterior maintenance, gas, heat, minor interior maintenance, trash collection, water
  • The owner pays for insurance, roof maintenance, sewer, taxes

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,390

Year Built

Built in 1984

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Electricity, Exterior Maintenance, Gas, Heat, Minor Interior Maintenance, Trash Collection, Water

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Subdivision Name: Lynnhurst Sub #9
  • Directions: Vestal Parkway to African Road, house on left side
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1984
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Owner Pays: Insurance, Roof Maintenance, Sewer, Taxes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2608.0

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Condo/Co-op/Association

  • Pets Allowed: No

Schools

  • Elementary School: African Road
  • Junior High Dist: Vestal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Oct 17, 2022
Sold by
Deng Chengbin
Bought by
Risha Jakia Afroz and Salsabil Nishat
Seller's Agent
Min (Susan) Zhou
EXIT REALTY HOMEWARD BOUND
Buyer's Agent
Muhammad Islam
EXIT REALTY HOMEWARD BOUND
List Price
$330,000
Sold Price
$299,000
Premium/Discount to List
-$31,000
-9.39%
Current Estimated Value
$369,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,154
Avg. Annual Appreciation
7.20%
Original Mortgage
$224,250
Outstanding Balance
$216,737
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$152,417

Purchase Details

Listed on
May 3, 2017
Closed on
Jul 17, 2017
Sold by
Doshi Rohit and Doshi Purnima
Bought by
Deng Chengbin
Seller's Agent
Suzanne Krause
WARREN REAL ESTATE (FRONT STREET)
Buyer's Agent
Min (Susan) Zhou
EXIT REALTY HOMEWARD BOUND
List Price
$216,000
Sold Price
$216,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$172,800
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Risha Jakia Afroz $299,000 None Available
Deng Chengbin $216,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Risha Jakia Afroz $224,250
Previous Owner Deng Chengbin $172,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2024 02/07/24 Rented $30,000 +1100.0% --
12/26/2023 12/26/23 Price Changed $2,500 -3.8% $1 / Sq Ft
11/20/2023 11/20/23 Price Changed $2,600 -3.7% $1 / Sq Ft
11/02/2023 11/02/23 For Rent $2,700 0.0% --
10/18/2022 10/18/22 Sold $299,000 -9.4% $115 / Sq Ft View Prior Sale
09/15/2022 09/15/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $330,000 +52.8% $127 / Sq Ft
07/17/2017 07/17/17 Sold $216,000 0.0% $83 / Sq Ft View Prior Sale
05/11/2017 05/11/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $216,000 0.0% $83 / Sq Ft
06/02/2016 06/02/16 Rented $22,200 0.0% --
06/02/2016 06/02/16 For Rent $22,200 +2.8% --
08/07/2015 08/07/15 Rented $21,600 +1036.8% --
08/07/2015 08/07/15 For Rent $1,900 -- --
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 $9,390 $327,700 $35,400 $292,300
2023 $9,029 $297,900 $35,400 $262,500
2022 $8,527 $259,000 $35,400 $223,600
2021 $8,364 $242,000 $35,400 $206,600
2020 $7,998 $220,000 $35,400 $184,600
2019 -- $220,000 $35,400 $184,600
2018 $8,010 $220,000 $35,400 $184,600
2017 $7,917 $220,000 $35,400 $184,600
2016 $8,088 $225,600 $35,400 $190,200
2015 -- $225,600 $35,400 $190,200
2014 -- $225,600 $35,400 $190,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 323547

APN: 034800-158-018-0006-018-000-0000