NOT LISTED FOR SALE

54 Downs Ave Binghamton, NY 13905

Estimated Value: $192,000 - $208,000

5 Beds
3 Baths
2,784 Sq Ft
$72/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2017

Last sale price $103,000 $37 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,510 / mo

28 Days on Market

Highlights

  • Mature Trees
  • Attic
  • Enclosed Patio or Porch
  • Wood Flooring
  • Circular Driveway
  • 5-minute walk to CFJ Park

About This Home

As of May 2017

Live-in Investment! 1st FL boasts 3 bedrooms, LR, DR & updated eat-in kitchen. Both 2nd floor units have 1 bedroom, living room & kitchen. Beautiful natural woodwork & insulated windows. 3 additional finished rooms, kitchenette/ full bath in basement. Large walk-up attic. Off-street parking plus additional adjoining parcel is park-like w/potential for other use! 15% cap rate! New boiler 3/2017

Last Agent to Sell the Property

Mary Kay McKinney

eXp REALTY License #10301219399 Listed on: 02/22/2017

eXp REALTY

Last Buyer's Agent

Christina Stenta

eXp REALTY License #10301208542

eXp REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,335

Year Built

  • Built in 1935

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Mature Trees

Parking

  • Circular Driveway

Home Design

  • Triplex
  • Aluminum Siding

Interior Spaces

  • 5 Bedrooms
  • 2,784 Sq Ft Home
  • Insulated Windows
  • Permanent Attic Stairs
  • Basement

Kitchen

  • Range with Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Schools

  • Johnson City Elementary School

Utilities

  • No Cooling
  • Radiator
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 033089-143-051-0003-008-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $941
  • Maintenance Expense $750
  • Water Sewer Expense $2,262
  • Gross Income $24,600
  • Net Operating Income $14,786

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,335

Year Built

Built in 1935

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER
  • Directions: Airport Road to Downs Ave- Across the street from Mirabito Gas
  • Above Grade Finished Sq Ft: 2604.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1935
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Appliances: Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood, Water Softener Owned, Washer
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 180.0
  • Door Features: Storm Door(s)
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Bedroom on Main Level, Pantry, Permanent Attic Stairs
  • Living Area: 2784.0
  • Window Features: Insulated Windows, Storm Window(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Exterior Features: Landscaping, Mature Trees/Landscape, Shed
  • Foundation Details: Basement
  • Other Structures: Shed(s)
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Parking Features: Circular Driveway, Driveway, None, Parking Space(s)

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Radiator(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 2262.0

Schools

  • Elementary School: Johnson City Elementary
  • Junior High Dist: Johnson City

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 033089-143-051-0003-008-000-0000
  • Zoning Description: R
  • Zoning: R

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24600.0
  • Insurance Expense: 941.0
  • Maintenance Expense: 750.0
  • Property Net Operating Income: 14786.0
  • Total Actual Rent: 24600.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 4335.0
  • Tax Book Number: 143.51-3-8/143.59-1-12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 17, 2017
Sold by
Bought by
Seller's Agent
Mary Kay McKinney
eXp REALTY
Buyer's Agent
Christina Stenta
eXp REALTY
List Price
$98,500
Sold Price
$103,000
Premium/Discount to List
$4,500
4.57%
Current Estimated Value
$201,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,000
Avg. Annual Appreciation
7.62%
Original Mortgage
$105,214
Outstanding Balance
$85,902
Interest Rate
3.97%
Mortgage Type
VA
Estimated Equity
$115,098

Purchase Details

Closed on
Oct 29, 2007
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$103,000 None Available
$103,000 None Available
$128,000 Kevin Yeager
$128,000 Kevin Yeager
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $105,214
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2017 05/17/17 Sold $103,000 +4.6% $37 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $98,500 -- $35 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,094 $82,600 $51,000 $31,600
2024 $4,872 $82,600 $51,000 $31,600
2023 $4,693 $82,600 $51,000 $31,600
2022 $4,592 $82,600 $51,000 $31,600
2021 $4,641 $82,600 $51,000 $31,600
2020 $5,001 $82,600 $51,000 $31,600
2019 $0 $82,600 $51,000 $31,600
2018 $4,291 $82,600 $51,000 $31,600
2017 $4,149 $82,600 $51,000 $31,600
2016 $4,141 $82,600 $51,000 $31,600
2014 -- $82,600 $51,000 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 208722

APN: 033089-143-051-0003-008-000-0000

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