C
Seller's Agent in 2025
Coty Lunn
INNOVATIVE COMMERCIAL ADVISORS
(607) 481-5660
156 Total Sales
639 Chenango St Binghamton, NY 13901
5
Beds
3
Baths
2,398
Sq Ft
0.25
Acres
Highlights
- Deck
- 1 Car Detached Garage
- Heating System Uses Steam
- Wood Flooring
- Enclosed Patio or Porch
- Radiator
About This Home
As of February 2025This three-unit property, located in the Chenango Valley/Port Dickinson school districts, offers an excellent investment opportunity with a blend of current rental income and value-add potential. Two of the three apartments are currently rented, providing immediate cash flow, while the one-bedroom unit on the first floor has a pro forma rent of $1,000/month. The property is equipped with newer high-efficiency Laars Mascot FT boilers, ensuring reliability and lower energy costs for tenants. While the property does need some work to restore it to its former glory, the solid structure and potential for improvements make it an appealing option for investors or owner-occupants looking to build equity. This property offers both income stability and room for growth, making it an ideal addition to any portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,496
Year Built
- Built in 1930
Parking
- 1 Car Detached Garage
Home Design
- 2,398 Sq Ft Home
- Triplex
- Shake Siding
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Deck
- Enclosed Patio or Porch
Schools
- Port Dickinson Elementary School
Utilities
- No Cooling
- Radiator
- Heating System Uses Steam
- Gas Water Heater
Additional Features
- Range
- Lot Sloped Up
- Basement
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,300
- Water Sewer Expense $1,439
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2025
Closed on
Feb 25, 2025
Sold by
Miller Richard J
Bought by
Hasan Mahmud
Seller's Agent
Coty Lunn
INNOVATIVE COMMERCIAL ADVISORS
Buyer's Agent
Coty Lunn
INNOVATIVE COMMERCIAL ADVISORS
List Price
$139,900
Sold Price
$140,000
Premium/Discount to List
$100
0.07%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,274
Avg. Annual Appreciation
7.56%
Purchase Details
Listed on
Nov 13, 2017
Closed on
Apr 6, 2018
Sold by
Fanning Myra A
Bought by
Miller Richard J
Seller's Agent
Jonalyn Cooper
KELLER WILLIAMS REALTY GREATER BINGHAMTON
Buyer's Agent
Pamela Fite
Perfect Timing Homes
List Price
$97,000
Sold Price
$97,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$95,243
Interest Rate
4.46%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | None Listed On Document | |
| Warranty Deed | $140,000 | None Listed On Document | |
| Deed | $97,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $95,243 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/24/2025 04/24/25 | Off Market | $8,340 | -- | -- | |
| 02/28/2025 02/28/25 | Sold | $140,000 | +0.1% | $58 / Sq Ft | |
| 01/30/2025 01/30/25 | Pending | -- | -- | -- | |
| 01/22/2025 01/22/25 | For Sale | $139,900 | 0.0% | $58 / Sq Ft | |
| 01/10/2020 01/10/20 | Rented | $3,907 | -53.2% | -- | |
| 12/11/2019 12/11/19 | Under Contract | -- | -- | -- | |
| 11/29/2019 11/29/19 | Rented | $8,340 | +1012.0% | -- | |
| 10/30/2019 10/30/19 | Under Contract | -- | -- | -- | |
| 10/06/2019 10/06/19 | For Rent | $750 | 0.0% | -- | |
| 05/14/2019 05/14/19 | For Rent | $750 | -91.4% | -- | |
| 04/08/2019 04/08/19 | Rented | $8,700 | +1022.6% | -- | |
| 03/09/2019 03/09/19 | Under Contract | -- | -- | -- | |
| 02/22/2019 02/22/19 | For Rent | $775 | 0.0% | -- | |
| 04/06/2018 04/06/18 | Sold | $97,000 | 0.0% | $50 / Sq Ft | View Prior Sale |
| 11/13/2017 11/13/17 | For Sale | $97,000 | -- | $50 / Sq Ft | |
| 11/30/2016 11/30/16 | Pending | -- | -- | -- |
Source: Greater Binghamton Association of REALTORS®
Tax History Compared to Growth
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 | $4,031 | $60,000 | $17,700 | $42,300 |
| 2023 | $3,807 | $60,000 | $17,700 | $42,300 |
| 2022 | $3,734 | $60,000 | $17,700 | $42,300 |
| 2021 | $3,748 | $60,000 | $17,700 | $42,300 |
| 2020 | $3,679 | $60,000 | $17,700 | $42,300 |
| 2019 | $0 | $60,000 | $17,700 | $42,300 |
| 2018 | $3,262 | $55,000 | $17,700 | $37,300 |
| 2017 | $3,239 | $55,000 | $17,700 | $37,300 |
| 2016 | $1,047 | $55,000 | $17,700 | $37,300 |
| 2015 | -- | $55,000 | $17,700 | $37,300 |
| 2014 | -- | $55,000 | $17,700 | $37,300 |
Source: Public Records
Agents Affiliated with this Home
-
Coty Lunn
-
Christina Stenta
Seller's Agent in 2020
Christina Stenta
eXp REALTY
(607) 725-7430
67 Total Sales
-
Jonalyn Cooper
J
Seller's Agent in 2018
Jonalyn Cooper
KELLER WILLIAMS REALTY GREATER BINGHAMTON
80 Total Sales
-
Pamela Fite
P
Buyer's Agent in 2018
Pamela Fite
Perfect Timing Homes
(607) 765-3975
11 Total Sales
Map
Source: Greater Binghamton Association of REALTORS®
MLS Number: 329743
APN: 033001-144-027-0001-010-000-0000
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