NOT LISTED FOR SALE

Estimated Value: $283,000 - $637,343

3 Beds
3.5 Baths
5,258 Sq Ft
$83/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2024

Last sale price $215,000 $41 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,189 / mo

210 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Landscaped
  • Covered Patio or Porch
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

About This Home

As of March 2024

Investment opportunity! Mixed use commercial/residential right on Main St. Just minutes to downtown. This well cared for building offers historic features such as the stunning woodworking in the foyer that looks amazing. Fireplace with unique detailing and a gorgeous banister heading to the 2nd fl offices. Three entrance/exit points. Fenced yard. Rebuilt front porch. Plenty of on street parking. Two apartments and 6 office spaces. Apartments have long term mo to mo tenants. Two 1st fl offices have long term mo to mo tenants. Two 2nd fl office have long term tenants mo to mo. All would like to stay. Lower level space is vacant and 1 1st fl space is vacant. They were occupied by the owners.

Last Agent to Sell the Property

Bryan Warren

WARREN REAL ESTATE (ITHACA) License #31WA1115996 Listed on: 05/25/2023

Last Buyer's Agent

Dashown Nelson

Elegant Estates NY Inc License #10311210159

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,025

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 52x175
  • Fenced Yard
  • Landscaped

Parking

  • On-Street Parking

Home Design

  • Cedar Siding

Interior Spaces

  • 5,258 Sq Ft Home
  • Partial Basement
  • Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Horace Mann Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 030200-160-039-0001-001-000-0000

Community Details

Overview

  • 8 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Insurance Expense $3,759
  • Water Sewer Expense $2,000
  • Gross Income $52,500
  • Net Operating Income $40,453

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,025

Year Built

Built in 1940

Lot Details

0.3 Acres

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 52x175
  • Inclusions: CARBON MONOXIDE DETECTOR,LIGHTING FIXTURE,MIRRORS-Perm affixed,SHELVING-Builtin/affixed,SMOKE DETECTORS
  • Ownership: OWNER
  • Directions: Main St.
  • Above Grade Finished Sq Ft: 4258.0
  • Garage Yn: No
  • Structure Type: Apartment
  • Year Built: 1940
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial
  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1000.0
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 5258.0

Exterior Features

  • Fencing: Yard Fenced
  • Construction Type: Cedar
  • Exterior Features: Landscaping, Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 2000.0

Schools

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

Lot Info

  • Parcel #: 030200-160-039-0001-001-000-0000
  • Zoning Description: commercial mixed
  • Zoning: commercial mixed
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 3233.0
  • Annual Gross Income: 52500.0
  • Insurance Expense: 3759.0
  • Property Net Operating Income: 40453.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 9025.0
  • Tax Book Number: 160.39-1-1

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2025
Sold by
Bought by
Current Estimated Value
$438,448

Purchase Details

Closed on
Jul 19, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2023
Closed on
Apr 2, 2024
Sold by
Bought by
Seller's Agent
Bryan Warren
WARREN REAL ESTATE (ITHACA)
Buyer's Agent
Dashown Nelson
Elegant Estates NY Inc
List Price
$244,900
Sold Price
$215,000
Premium/Discount to List
-$29,900
-12.21%
Views
437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.74%
Original Mortgage
$100,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$575,000 None Listed On Document
$335,000 None Listed On Document
$215,000 None Listed On Document
$145,000 Daniel Reynolds
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $90,000
Previous Owner $100,000
Previous Owner $45,000
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
03/25/2024 03/25/24 Sold $215,000 -8.5% $41 / Sq Ft
11/15/2023 11/15/23 Price Changed $234,900 -4.1% $45 / Sq Ft
05/25/2023 05/25/23 For Sale $244,900 -- $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 -- $95,000 $30,000 $65,000
2024 $9,363 $95,000 $30,000 $65,000
2023 $9,192 $95,000 $30,000 $65,000
2022 $8,976 $95,000 $30,000 $65,000
2021 $8,875 $95,000 $30,000 $65,000
2020 $8,904 $95,000 $30,000 $65,000
2019 $4,748 $95,000 $30,000 $65,000
2018 $8,651 $95,000 $30,000 $65,000
2017 $8,697 $95,000 $30,000 $65,000
2016 $8,747 $95,000 $30,000 $65,000
2015 $7,731 $95,000 $30,000 $65,000
2014 $7,731 $95,000 $30,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 321420

APN: 030200-160-039-0001-001-000-0000

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