NOT LISTED FOR SALE

Estimated Value: $175,000 - $218,000

4 Beds
2 Baths
2,827 Sq Ft
$71/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $192,500 $68 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,292/month

12 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Ceiling Fan
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2024

Great Investment opportunity, or perfect Owner occupy, located on Binghamton's West Side. This top bottom Multi Family has two rental units each with loads of natural lighting with two bedrooms, Large Living Room with wood fireplaces, Dining Rooms, and hardwood flooring through out. Both units have eat-in kitchen areas, some updates to current kitchen and baths with just over 1400 square feet of living space in each unit. The Driveway is long and pulls upto a 1 car garage with a carport or patio area. Walking distance to bus line services, located near grocery store, restaurants, and to Lourdes and UHS Hospitals. Both units currently are rented with a long term month to month tenants. Separated gas and electric service. Heating systems are gas forced hot air and gas hot water heaters. Opportunity awaits you with a great Return On Investment. Each tenant has their own individual washer's and dryer's in the basement. 24 hour notice is required for all showings.

Last Agent to Sell the Property

George Hoch

HOWARD HANNA License #10401200284 Listed on: 02/01/2024

HOWARD HANNA

Last Buyer's Agent

Steph Jacobson

Yaman Commercial Industrial License #10401301213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,853

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 46 x 120
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Carport

Home Design

  • Duplex
  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 2,827 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Thomas Jefferson Elementary School

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 030200-159-026-0002-005-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,500
  • Maintenance Expense $600
  • Water Sewer Expense $900
  • Gross Income $24,000
  • Net Operating Income $16,147

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,853

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 46 X 120
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER
  • Directions: West End Avenue To Division Street. Left hand Turn onto Snow Avenue. House is on the Right.
  • Above Grade Finished Sq Ft: 2827.0
  • Architectural Style: Duplex
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Structure Type: Duplex
  • Year Built: 1930
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Living Area: 2827.0

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Carport, Detached, Garage, One Car Garage

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 900.0

Schools

  • Elementary School: Thomas Jefferson
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-159-026-0002-005-000-0000
  • Zoning Description: R2
  • Zoning: R2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 16147.0
  • Annual Operating Expense: 7853.0
  • Total Actual Rent: 24000.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4853.0
  • Tax Book Number: 159.26-2-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Apr 19, 2024
Sold by
Tocheny Andrew S
Bought by
Luo Jie
Seller's Agent
George Hoch
HOWARD HANNA
Buyer's Agent
Steph Jacobson
Yaman Commercial Industrial
List Price
$209,000
Sold Price
$192,500
Premium/Discount to List
-$16,500
-7.89%
Views
65
Current Estimated Value
$201,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,072
Avg. Annual Appreciation
3.44%
Original Mortgage
$134,750
Outstanding Balance
$132,980
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$68,592

Purchase Details

Closed on
Jun 16, 2009
Sold by
Stocum James
Bought by
Tocheny Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,322
Interest Rate
4.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 1997
Sold by
Estate Griffin Justin M
Bought by
Stocum James R and Stocum Rebecca G
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
Luo Jie $192,500 None Listed On Document
Luo Jie $192,500 None Listed On Document
Tocheny Andrew $136,800 Charles Collison
Tocheny Andrew S $136,800 Chicago Title Insurance Co
Stocum James R $60,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Jie $134,750
Closed Luo Jie $134,750
Previous Owner Tocheny Andrew S $134,322
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $192,500 -7.9% $68 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $209,000 0.0% $74 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $209,000 -- $74 / 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 $7,102 $73,000 $18,300 $54,700
2023 $7,063 $73,000 $18,300 $54,700
2022 $6,897 $73,000 $18,300 $54,700
2021 $6,820 $73,000 $18,300 $54,700
2020 $4,510 $73,000 $18,300 $54,700
2019 $2,302 $73,000 $18,300 $54,700
2018 $4,397 $73,000 $18,300 $54,700
2017 $4,420 $73,000 $18,300 $54,700
2016 $4,438 $73,000 $18,300 $54,700
2015 $3,370 $73,000 $18,300 $54,700
2014 $3,370 $73,000 $18,300 $54,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 324145

APN: 030200-159-026-0002-005-000-0000