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108 Park Avenue

108 Park Avenue, Binghamton, NY 13903
Property in Southside East
Sold Jan 08, 2020
$87,000
$85,424 by Homestead Funding Corp
Mortgage Due Feb 01, 2050
Sold Feb 20, 2017
$85,000
108 Park Avenue has been categorized by the local assessors in Binghamton, NY as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 108 Park Avenue has 2,516 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 15,682 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 320 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 108 Park Avenue sold most recently in Dec 23, 2019 for a total of $87,000. If you work out the math, that's approximately a cost of $34.58 per sqft. Before that, the property was also sold for $85,000 in Feb 13, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,650 in taxes each year. 108 Park Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $70,000. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $60,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
Garage Parking

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,516
  • Building Area: 2,516
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,516
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROSSVILLE
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BRIGHAM JAKE A
  • Previous Owner : ANDRUS ERIK
  • Owner Before Previous Owner: DEVITA JONATHAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Binghamton City School District
  • School Tax School District: BINGHAMTON
  • Census Tract: 001700

Geography

  • Account Number: 00000513710
  • District: 030200
  • Section: 176.32
  • Parcel: 030200 176.32-3-6
  • Block: 3
  • Lot: 6.000
  • Municipality: BINGHAMTON
  • Latitude: 42.0806
  • Longitude: -75.9157

    Address

  • Full Address: 108 Park Ave
  • Address - House Number: 108
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Binghamton
  • Carrier Code: C022
  • 4-Digit Zip Code: 3229
  • Zip Code: 13903

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,650
  • Tax Rate Code Area: 030200

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 592,260
  • High Value: 861,263
  • Low Value: 323,256

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,424
  • First Open Lien Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jan 08, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $85,424
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $111,111
  • Market Land Value: $15,873
  • Market Improvement Value: $95,238

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,000
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $60,000

    Sales

  • Current Sale Contract Date: Dec 23, 2019
  • Current Sale Recording Date: Jan 08, 2020
  • Current Sale Transaction ID: 11719347291
  • Current Sale Price: $87,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202000000494
  • Previous Sale Recording Date: Feb 20, 2017
  • Previous Sale Contract Date: Feb 13, 2017
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Mortgage Transaction Date: Jan 08, 2020
  • First Mortgage Loan Amount: $85,424
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southside



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Frequently Asked Questions

What neighborhood is 108 Park Avenue located in?
The 108 Park Avenue is a located in the neighborhood of Southside East in Southside, Binghamton.
What is the average sales price for listings in 108 Park Avenue?
The average sales price for units in 108 Park Avenue is $0 currently.

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