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58 Park Street

58 Park Street, Binghamton, NY 13905
Property in Westside
Sold Feb 21, 2020
$147,500
$118,000 by Visions Federal Cu
Mortgage Due Mar 01, 2050
Sold Feb 01, 2019
$22,500
Buyer
Seller
58 Park Street in Binghamton, NY was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 58 Park Street has 1,534 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,220. In total, the area measurement of the land is 6,100 square feet.

Learn more about the property and building on this page. There is a covered porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 220 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 58 Park Street was last sold in Jan 30, 2020 for $147,500. According to our calculations, that's $96.15 per sqft. Prior to that sales transaction, the property was sold for $22,500 in Feb 1, 2019. Current property owners are expected to pay $7,030 in taxes per year. The property on 58 Park Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $74,000. To break that down further, the land itself was valued at $18,700. While improvements to the property were assessed at a total of $55,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
Garage Parking

Driveway

Driveway

Condition

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,100
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,534
  • Building Area: 1,534
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,534
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLEMANS SUB
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STRAUSS KEVIN
  • Current Owner 2: SI YUAN
  • Previous Owner : F & R 58 LLC
  • Owner Before Previous Owner: STENTO FRANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Binghamton City School District
  • School Tax School District: BINGHAMTON
  • Census Tract: 000100

Geography

  • Account Number: 00000420830
  • District: 030200
  • Section: 143.83
  • Parcel: 030200 143.83-2-27
  • Block: 2
  • Lot: 27.000
  • Municipality: BINGHAMTON
  • Latitude: 42.107
  • Longitude: -75.945

    Address

  • Full Address: 58 Park St
  • Address - House Number: 58
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: NY
  • City Name: Binghamton
  • Carrier Code: C050
  • 4-Digit Zip Code: 3338
  • Zip Code: 13905

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,030
  • Tax Rate Code Area: 030200

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 592,745
  • High Value: 861,968
  • Low Value: 323,521

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $147,000
  • First Open Lien Mortgage Lender: VISIONS FEDERAL CU
  • First Open Lien Mortgage Recording Date: Feb 21, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $118,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050
  • Second Open Lien Mortgage Lender: VISIONS FCU
  • Second Open Lien Mortgage Recording Date: Aug 18, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $29,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 25, 2050

    Market Valuation

  • Market Total Value: $117,460
  • Market Land Value: $29,682
  • Market Improvement Value: $87,778

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,000
  • Assessed Land Value: $18,700
  • Assessed Improvements Value: $55,300

    Sales

  • Current Sale Contract Date: Jan 30, 2020
  • Current Sale Recording Date: Feb 21, 2020
  • Current Sale Transaction ID: 11745600397
  • Current Sale Price: $147,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000003990
  • Previous Sale Recording Date: Feb 01, 2019
  • Previous Sale Contract Date: Feb 01, 2019
  • Previous Sale Amount: $22,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VISIONS FEDERAL CU
  • First Mortgage Transaction Date: Feb 21, 2020
  • First Mortgage Loan Amount: $118,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 58 Park Street located in?
The 58 Park Street is a located in the neighborhood of Westside in Westside, Binghamton.
What is the average sales price for listings in 58 Park Street?
The average sales price for units in 58 Park Street is $0 currently.

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