NOT LISTED FOR SALE
10 Beds
-- Bath
4,491 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: May 2, 2014

Last sale price $199,900 $45 Per Sq Ft

276 Days on Market

Highlights

  • Mature Trees
  • 3 Car Garage
  • Storm Windows
  • Wood Flooring
  • Enclosed Patio or Porch
  • Heating System Uses Steam

About This Home

As of May 2014

This is an attractive investment student leased. 7 unit, 10 BR multi fam on Westside in high student area convenient to bus, off st parking. Very convenient to shopping. all units have leases until 12/31/2014, and 4 other units have leases until May 31,2015 Current cap rate 18%

Last Agent to Sell the Property

Wayne Knapp

HOWARD HANNA License #30KN0713292 Listed on: 05/02/2013

HOWARD HANNA

Last Buyer's Agent

Charlie Ackerman

ACKERMANRE LLC License #10491207984

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,295

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x132
  • Level Lot
  • Mature Trees

Parking

  • 3 Car Garage

Home Design

  • 4,491 Sq Ft Home
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Vinyl

Home Security

  • Storm Windows
  • Storm Doors

Schools

  • Horace Mann Elementary School

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Steam
  • Gas Water Heater

Additional Features

  • Range
  • 10 Bedrooms
  • Enclosed Patio or Porch
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-160-039-0001-042-000-0000

Community Details

Overview

  • 7 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $885
  • Maintenance Expense $490
  • Water Sewer Expense $1,350
  • Gross Income $53,460
  • Net Operating Income $36,716

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,295

Year Built

Built in 1950

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 60x132
  • Professional Management Expense: 800.0
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER
  • Directions: riverside drive to chestnut to seminary to walnut
  • Above Grade Finished Sq Ft: 4491.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1950
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Total Bedrooms: 10
  • Door Features: Storm Door(s)
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 4491.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Mature Trees/Landscape, Storm Windows/Doors
  • Foundation Details: Basement, Concrete Perimeter
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Detached, Garage, Three Car Garage, Parking Space(s)

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator(s), Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 1350.0

Schools

  • Elementary School: Horace Mann
  • Junior High Dist: Binghamton

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 030200-160-039-0001-042-000-0000
  • Zoning Description: MD
  • Zoning: MD

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 1869.0
  • Annual Gross Income: 53460.0
  • Insurance Expense: 885.0
  • Maintenance Expense: 490.0
  • Property Net Operating Income: 36716.0
  • Annual Operating Expense: 16744.0
  • Total Actual Rent: 53460.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 7295.0
  • Tax Book Number: 160.39-1-42
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
05/02/2014 05/02/14 Sold $199,900 -4.8% $45 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
05/03/2013 05/03/13 For Sale $210,000 -- $47 / 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 -- $84,000 $20,000 $64,000
2024 $8,279 $84,000 $20,000 $64,000
2023 $8,128 $84,000 $20,000 $64,000
2022 $7,936 $84,000 $20,000 $64,000
2021 $7,848 $84,000 $20,000 $64,000
2020 $7,873 $84,000 $20,000 $64,000
2019 $4,198 $84,000 $20,000 $64,000
2018 $7,649 $84,000 $20,000 $64,000
2017 $7,690 $84,000 $20,000 $64,000
2016 $7,735 $84,000 $20,000 $64,000
2015 $8,455 $84,000 $20,000 $64,000
2014 $8,455 $84,000 $20,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 188852

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