NOT LISTED FOR SALE

87 Chapin St Binghamton, NY 13905

West Side Neighborhood

Estimated Value: $226,000 - $445,000

6 Beds
2 Baths
2,053 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $325,000 $158 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,394/month

14 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2024

TURN KEY: 6 Bedroom investment property in R-3 zone. Rented through May 2025 for $4,470/month landlord pays NYSEG and water. Approximately an 11% cap rate. Member of ownership entity is the listing agent and a licensed real estate broker in the state of New York.

Last Agent to Sell the Property

Nate Weinberg

EQUITY VENTURE REALTY, LLC. License #10491210552 Listed on: 07/23/2024

Last Buyer's Agent

James Lucenti

INNOVATIVE COMMERCIAL ADVISORS License #10401302147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,727

Year Built

  • Built in 1918

Lot Details

  • Property is zoned R-3, R-3

Home Design

  • Wood Siding

Interior Spaces

  • 2,053 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Horace Mann Elementary School

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 030200-160-047-0001-041-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,727

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 50 × 133
  • Ownership: OWNER
  • Directions: Leroy St to Chapin St
  • Above Grade Finished Sq Ft: 2053.0
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1918
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other, See Remarks
  • Living Area: 2053.0

Exterior Features

  • Lot Features: Other, See Remarks
  • Construction Type: Wood Siding
  • Exterior Features: Other
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Parcel #: 030200-160-047-0001-041-000-0000
  • Zoning Description: R-3
  • Zoning: R-3

Tax Info

  • Tax Annual Amount: 4727.0
  • Tax Book Number: 160.47-1-41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Oct 4, 2024
Sold by
King West Llc
Bought by
Clark Prime Properties Llc and Clark
Seller's Agent
Nate Weinberg
EQUITY VENTURE REALTY, LLC.
Buyer's Agent
James Lucenti
INNOVATIVE COMMERCIAL ADVISORS
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%
Views
13
Current Estimated Value
$329,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,945
Avg. Annual Appreciation
1.73%
Original Mortgage
$292,500
Outstanding Balance
$289,997
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$39,948

Purchase Details

Closed on
Nov 18, 2021
Sold by
Gsaa Home Equity Trust
Bought by
Weinberg Nathan

Purchase Details

Closed on
Aug 18, 2021
Sold by
Collison Gary H
Bought by
Deutsche Bank National Trust Company and Gsaa Home Eqt Tr 2006 18 Asset Backed Ce

Purchase Details

Closed on
Aug 24, 2016
Sold by
Hamlin David C
Bought by
County Of Broome

Purchase Details

Closed on
Jul 25, 2006
Sold by
Brzezowski Anthony
Bought by
Wellerstein Elisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,100
Interest Rate
6.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Clark Prime Properties Llc $325,000 None Listed On Document
Weinberg Nathan $101,000 None Listed On Document
Deutsche Bank National Trust Company $167,500 Webtitle Agency
County Of Broome -- None Available
Wellerstein Elisha $89,900 Frederick Xlander
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Prime Properties Llc $292,500
Previous Owner Wellerstein Elisha $10,000
Previous Owner Wellerstein Elisha $70,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $325,000 -1.2% $158 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $329,000 +225.7% $160 / Sq Ft
01/26/2022 01/26/22 Sold $101,000 +19.1% $49 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $84,800 -- $41 / 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 $7,200 $74,000 $19,100 $54,900
2023 $7,160 $74,000 $19,100 $54,900
2022 $6,992 $74,000 $19,100 $54,900
2021 $6,913 $74,000 $19,100 $54,900
2020 $4,971 $74,000 $19,100 $54,900
2019 $2,797 $74,000 $19,100 $54,900
2018 $4,921 $74,000 $19,100 $54,900
2017 $4,869 $74,000 $19,100 $54,900
2016 $5,418 $74,000 $19,100 $54,900
2015 $3,997 $74,000 $19,100 $54,900
2014 $3,997 $74,000 $19,100 $54,900
Source: Public Records

Agents Affiliated with this Home

  • Nate Weinberg

    Seller's Agent in 2024

    Nate Weinberg

    EQUITY VENTURE REALTY, LLC.

    (518) 355-9487

    8 in this area

    21 Total Sales

    Nate Weinberg
    Section Image

  • J

    Buyer's Agent in 2024

    James Lucenti

    INNOVATIVE COMMERCIAL ADVISORS

    3 in this area

    96 Total Sales

    James Lucenti
    Section Image
  • Christopher Rose

    Seller's Agent in 2022

    Christopher Rose

    REALHome Services & Solutions

    (855) 882-1314

    1 in this area

    734 Total Sales

    Christopher Rose
    Section Image

  • L

    Buyer's Agent in 2022

    Lisa Wendt

See All Agents

Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 326102

APN: 030200-160-047-0001-041-000-0000

New York Broome County Binghamton 13905 West Side

87 Chapin St, Binghamton, NY

This home is located at 87 Chapin St, Binghamton, NY 13905 since 23 July 2024 and is currently estimated at $329,945, approximately $160 per square foot. This property was built in 1918. 87 Chapin St is a home located in Broome County with nearby schools including Binghamton High School, Horace Mann Elementary School, and West Middle School.

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