NOT LISTED FOR SALE

55 Ely St Binghamton, NY 13904

Eastside Binghamton Neighborhood

Estimated Value: $77,364 - $182,000

3 Beds
3 Baths
2,272 Sq Ft
$57/Sq Ft Est. Value

Last Sold January 03, 2019

Last sale price $47,000 $21 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $806/month

26 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

As of January 2019

Great East Side 3 family. Close to Robinson Street and bus line. 3, 1 Bed units. Fully rented at the time of listing. Priced to sell with a 19% CAP Rate.

Last Agent to Sell the Property

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 04/24/2018

Last Buyer's Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 04/24/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • 2,272 Sq Ft Home
  • Triplex
  • Composite Building Materials

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Benjamin Franklin Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $507
  • Water Sewer Expense $721

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Ownership: OWNER
  • Directions: Robinson to Broad to George to Ely
  • Above Grade Finished Sq Ft: 2272.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1920
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 2272.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Composite Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 721.0

Schools

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

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Zoning Description: 230
  • Zoning: 230

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 507.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 4473.0
  • Tax Book Number: 145.69-3-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jan 2, 2019
Sold by
Court And Broad Llc
Bought by
Ajem Group Llc and A J E M Group Llc
Seller's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
Buyer's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
List Price
$49,000
Sold Price
$47,000
Premium/Discount to List
-$2,000
-4.08%
Current Estimated Value
$128,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,841
Avg. Annual Appreciation
15.59%

Purchase Details

Listed on
Nov 30, 2016
Closed on
Dec 22, 2016
Sold by
Luks Neisen and Luks Marsha
Bought by
Court And Broad Llc
Seller's Agent
John Farrell
EXIT REALTY HOMEWARD BOUND
Buyer's Agent
John Farrell
EXIT REALTY HOMEWARD BOUND
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%

Purchase Details

Closed on
Mar 26, 2014
Sold by
Dye Jason
Bought by
Luks Neisen and Luks Marsha

Purchase Details

Closed on
Nov 1, 2010
Sold by
Graver Stephen L and Graver Bridget A
Bought by
Luks Neisen and Luks Marsha

Purchase Details

Closed on
Apr 27, 2006
Sold by
Johnson Philip
Bought by
Graver Stephen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ajem Group Llc $50,000 None Available
Court And Broad Llc $45,000 None Available
Luks Neisen -- None Available
Luks Neisen $79,276 None Available
Graver Stephen $62,900 Philip Johnson
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2019 01/03/19 Sold $47,000 -4.1% $21 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $49,000 +8.9% $22 / Sq Ft
12/22/2016 12/22/16 Sold $45,000 0.0% $20 / Sq Ft View Prior Sale
12/01/2016 12/01/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $45,000 -- $20 / 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 $6,061 $61,500 $10,900 $50,600
2023 $5,951 $61,500 $10,900 $50,600
2022 $5,811 $61,500 $10,900 $50,600
2021 $5,746 $61,500 $10,900 $50,600
2020 $3,799 $61,500 $10,900 $50,600
2019 $1,939 $61,500 $10,900 $50,600
2018 $3,705 $61,500 $10,900 $50,600
2017 $4,632 $76,500 $10,900 $65,600
2016 $4,650 $76,500 $10,900 $65,600
2015 $4,132 $76,500 $10,900 $65,600
2014 $4,132 $76,500 $10,900 $65,600
Source: Public Records

Agents Affiliated with this Home

  • Scott Warren

    Seller's Agent in 2019

    Scott Warren

    INNOVATIVE COMMERCIAL ADVISORS

    (607) 768-8568

    2 in this area

    134 Total Sales

    Scott Warren
    Section Image
  • John Farrell

    Seller's Agent in 2016

    John Farrell

    EXIT REALTY HOMEWARD BOUND

    (607) 760-5000

    19 in this area

    594 Total Sales

    John Farrell
    Section Image
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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 214667

APN: 030200-145-069-0003-007-000-0000

New York Broome County Binghamton 13904 Eastside Binghamton

55 Ely St, Binghamton, NY

Not Listed for Sale

MultiFamily

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