NOT LISTED FOR SALE

Estimated Value: $112,000 - $125,000

4 Beds
2 Baths
2,200 Sq Ft
$54/Sq Ft Est. Value

Last Sold October 01, 2013

Last sale price $55,000 $25 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $766/month

124 Days on Market

Highlights

  • 18,731 Sq Ft lot
  • Forced Air Heating System
  • Carpet
  • Covered Patio or Porch
  • Level Lot
  • 4-minute walk to Columbus Park

About This Home

As of October 2013

Golden Opportunity! Fully Rented 2-Family on a Double Lot. Convenient Location & Plenty of Parking. Great Cap Rate at 14%.

Last Agent to Sell the Property

Mindy Weidman

KELLER WILLIAMS REALTY GREATER BINGHAMTON License #30WE0843453 Listed on: 03/29/2013

KELLER WILLIAMS REALTY GREATER BINGHAMTON

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 85x14147x141
  • Level Lot

Parking

  • Driveway

Home Design

  • 2,200 Sq Ft Home
  • Duplex
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Schools

  • Macarthur Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Range
  • 4 Bedrooms
  • Covered Patio or Porch
  • Basement

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $700
  • Water Sewer Expense $547
  • Gross Income $14,440
  • Net Operating Income $8,849

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 85x14147x141
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER
  • Directions: Court St or Hawley St to Jay Street
  • Above Grade Finished Sq Ft: 2200.0
  • Garage Yn: No
  • Year Built: 1920
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl
  • Living Area: 2200.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 547.0

Schools

  • Elementary School: MacArthur
  • Junior High Dist: Binghamton

Lot Info

  • Lot Size Sq Ft: 18731.0
  • Zoning Description: R-2
  • Zoning: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14440.0
  • Insurance Expense: 700.0
  • Property Net Operating Income: 8849.0
  • Annual Operating Expense: 5491.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4244.0
  • Tax Book Number: 160.42-2-17/160.42-2-18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2013
Closed on
Sep 19, 2013
Sold by
Addario Gail D
Bought by
Obornik Properties Incorporated
Seller's Agent
Mindy Weidman
KELLER WILLIAMS REALTY GREATER BINGHAMTON
List Price
$55,000
Sold Price
$55,000
Current Estimated Value
$118,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,626
Avg. Annual Appreciation
5.77%

Purchase Details

Closed on
Jan 9, 2008
Sold by
Chin Yalan
Bought by
D'Addario Gail

Purchase Details

Closed on
Jan 10, 2006
Sold by
Molter Dennis
Bought by
Chin Yalan

Purchase Details

Closed on
Jun 23, 2000
Sold by
Slavik George
Bought by
Molter Dennis J
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
Obornik Properties Incorporated $55,000 None Available
D'Addario Gail $72,100 Meiying Austin
Chin Yalan $65,000 Nicholas Scarantino
Molter Dennis J $51,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2013 10/01/13 Sold $55,000 0.0% $25 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $55,000 -- $25 / 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 $5,351 $55,000 $13,600 $41,400
2023 $5,322 $55,000 $13,600 $41,400
2022 $5,197 $55,000 $13,600 $41,400
2021 $5,138 $55,000 $13,600 $41,400
2020 $3,398 $55,000 $13,600 $41,400
2019 $1,734 $55,000 $13,600 $41,400
2018 $3,313 $55,000 $13,600 $41,400
2017 $3,330 $55,000 $13,600 $41,400
2016 $3,343 $55,000 $13,600 $41,400
2015 $3,435 $55,000 $13,600 $41,400
2014 $3,435 $55,000 $13,600 $41,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 188271

APN: 030200-160-042-0002-017-000-0000