NOT LISTED FOR SALE

61 Lake Ave Binghamton, NY 13905

First Ward Neighborhood

Estimated Value: $110,000 - $162,091

4 Beds
2 Baths
1,690 Sq Ft
$76/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $67,000 $40 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $826/month

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Forced Air Heating System
  • Attic
  • Fenced Yard
  • Ceiling Fan

About This Home

As of May 2019

Both units have been updated. Included in updates, Electrical, plumbing, flooring. Attic has been finished w/new half bath. House roof 10 yrs, garage roof 5 years. New windows. Furnace & HWH 7 years old.Rebuilt garage. Could easily be converted back to single family. Zoned for 1 & 2 family - Easy access to highway system.2 Sep Driveways w/fenced backyard.

Last Agent to Sell the Property

Diane Kerth

HOWARD HANNA License #30KE0732769 Listed on: 09/12/2018

HOWARD HANNA

Co-Listed By

Dale Tifft

HOWARD HANNA License #30TI0500492

Last Buyer's Agent

Ruth Young

GBAR MEMBERS IN TRANSIT License #30YO0966956

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • 1,690 Sq Ft Home
  • Ceiling Fan
  • Storm Doors
  • Range
  • Gas Dryer Hookup
  • Attic

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Covered Patio or Porch

Schools

  • Woodrow Wilson Elementary School

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 030200-143-067-0002-005-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $500
  • Gross Income $18,000
  • Net Operating Income $11,870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,090

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 60x100
  • Co List Office Mls Id: 12704
  • Co List Office Phone: 607-772-1177
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS,WINDOW TREATMENTS-ALL
  • Ownership: OWNER
  • Directions: Rte 17 to Airport Rd to Right on Market St to Left on Lake
  • Above Grade Finished Sq Ft: 1690.0
  • Garage Yn: Yes
  • Year Built: 1910
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Flooring: Hardwood, Laminate, Tile
  • Interior Amenities: Attic, Bedroom on Main Level
  • Living Area: 1690.0
  • Window Features: Thermal Windows

Exterior Features

  • Fencing: Yard Fenced
  • Lot Features: Level
  • Construction Type: Stucco, T1-11 Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Electricity, Parking Space(s)

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1020.0
  • Annual Water Sewer Expense: 500.0

Schools

  • Elementary School: Woodrow Wilson
  • Junior High Dist: Binghamton

Lot Info

  • Lot Size Sq Ft: 6098.0
  • Parcel #: 030200-143-067-0002-005-000-0000
  • Zoning Description: RES
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 720.0
  • Annual Gross Income: 18000.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 11870.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 3090.0
  • Tax Book Number: 143.67-2-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
May 3, 2019
Sold by
Reiff Raymond F
Bought by
Gibson Caleb and Gibson Cody
Seller's Agent
Diane Kerth
HOWARD HANNA
Buyer's Agent
Ruth Young
GBAR MEMBERS IN TRANSIT
List Price
$67,000
Sold Price
$67,000
Current Estimated Value
$129,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,023
Avg. Annual Appreciation
10.79%
Original Mortgage
$65,786
Outstanding Balance
$58,153
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$70,276

Purchase Details

Listed on
Mar 4, 2013
Closed on
Apr 4, 2013
Sold by
Lee Mary Ann
Bought by
Reiff Raymond F
Seller's Agent
Michael Rizzo
CENTURY 21 NORTH EAST
Buyer's Agent
Robert Pipher
EXIT REALTY HOMEWARD BOUND
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%

Purchase Details

Closed on
Sep 9, 1997
Source: Public Records

Range of Values:

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Average Value
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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
Gibson Caleb $67,000 None Available
Reiff Raymond F $35,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Caleb $6,957
Open Gibson Caleb $65,786
Previous Owner Zeboris Jean E $15,127
Previous Owner Zeboris Jean E $16,228
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $67,000 0.0% $40 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
09/12/2018 09/12/18 For Sale $67,000 +91.4% $40 / Sq Ft
04/05/2013 04/05/13 Sold $35,000 0.0% $20 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $35,000 -- $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 $4,962 $51,000 $7,200 $43,800
2023 $4,935 $51,000 $7,200 $43,800
2022 $4,819 $51,000 $7,200 $43,800
2021 $4,765 $51,000 $7,200 $43,800
2020 $3,151 $51,000 $7,200 $43,800
2019 $1,608 $51,000 $7,200 $43,800
2018 $3,072 $51,000 $7,200 $43,800
2017 $3,088 $51,000 $7,200 $43,800
2016 $3,100 $51,000 $7,200 $43,800
2015 $2,182 $51,000 $7,200 $43,800
2014 $2,182 $51,000 $7,200 $43,800
Source: Public Records

Agents Affiliated with this Home

  • Diane Kerth

    Seller's Agent in 2019

    Diane Kerth

    HOWARD HANNA

    (607) 768-3793

    2 in this area

    137 Total Sales

    Diane Kerth
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Dale Tifft

    HOWARD HANNA

    (607) 768-3793

    1 in this area

    123 Total Sales

    Dale Tifft
    Section Image

  • R

    Buyer's Agent in 2019

    Ruth Young

    GBAR MEMBERS IN TRANSIT

    Ruth Young
    Section Image

  • M

    Seller's Agent in 2013

    Michael Rizzo

    CENTURY 21 NORTH EAST

    6 in this area

    21 Total Sales

    Michael Rizzo
    Section Image
  • Robert Pipher

    Buyer's Agent in 2013

    Robert Pipher

    EXIT REALTY HOMEWARD BOUND

    (607) 754-9101

    7 in this area

    90 Total Sales

    Robert Pipher
    Section Image
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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 216994

APN: 030200-143-067-0002-005-000-0000

New York Broome County Binghamton 13905 First Ward

61 Lake Ave, Binghamton, NY

This home is located at 61 Lake Ave, Binghamton, NY 13905 since 12 September 2018 and is currently estimated at $129,023, approximately $76 per square foot. This property was built in 1910. 61 Lake Ave is a home located in Broome County with nearby schools including Woodrow Wilson Elementary School, Binghamton High School, and West Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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