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74 Broome Street

74 Broome Street, Binghamton, NY 13903
Multifamily in Southside East
Sold Aug 18, 2020
$58,000
$49,000 by John T Johnson
Mortgage Due Aug 18, 2050
Sold Mar 06, 2019
$4,000
74 Broome 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 10 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 74 Broome Street has 1,834 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 430 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 5,590 square feet.

Learn more about the property and building on this page. There is a patio. 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 400 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 74 Broome Street sold most recently in Aug 6, 2020 for a total of $58,000. If you work out the math, that's approximately a cost of $31.62 per sqft. Before that, the property was also sold for $4,000 in Mar 6, 2019. 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 $13,195 in taxes each year. The initial year of tax delinquency occurred in 2023. 74 Broome Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $67,700. If we break it down further, the land itself was valued at $10,800. Improvements to the property, however, were assessed at a total of $56,900. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 10
  • 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: 400
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,590
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,834
  • Gross Building Area: 1,834
  • Building Area: 1,834
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,834
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF THE PROPERTY OF C H LACEY
  • Land Acres: 0.128
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : MARLOW MEN REALTY CORP
  • Previous Owner : JOHNSON JOHN T
  • Previous Owner 2: GORTON PETER A
  • Owner Before Previous Owner: BINGHAMTON SUNSHIN HOUSING LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Binghamton City School District
  • School Tax School District: BINGHAMTON
  • Census Tract: 000900

Geography

  • Account Number: 00000603080
  • District: 030200
  • Section: 160.52
  • Parcel: 030200 160.52-4-17
  • Block: 4
  • Lot: 17.000
  • Municipality: BINGHAMTON
  • Latitude: 42.096
  • Longitude: -75.8933

    Address

  • Full Address: 74 Broome St
  • Address - House Number: 74
  • Address - Street Name: Broome
  • Address - Suffix Type: St
  • State: NY
  • City Name: Binghamton
  • Carrier Code: C025
  • 4-Digit Zip Code: 2234
  • Zip Code: 13903

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,195
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 030200

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 591,982
  • High Value: 860,859
  • Low Value: 323,104

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $49,000
  • First Open Lien Mortgage Lender: JOHN T JOHNSON
  • First Open Lien Mortgage Recording Date: Aug 18, 2020
  • First Open Lien Mortgage Loan Amount: $49,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Aug 18, 2050
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $107,460
  • Market Land Value: $17,143
  • Market Improvement Value: $90,317

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,700
  • Assessed Land Value: $10,800
  • Assessed Improvements Value: $56,900

    Sales

  • Current Sale Contract Date: Aug 06, 2020
  • Current Sale Recording Date: Aug 18, 2020
  • Current Sale Transaction ID: 11785003471
  • Current Sale Price: $58,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202000017152
  • Previous Sale Recording Date: Mar 06, 2019
  • Previous Sale Contract Date: Mar 06, 2019
  • Previous Sale Amount: $4,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JOHN T JOHNSON
  • First Mortgage Transaction Date: Aug 18, 2020
  • First Mortgage Loan Amount: $49,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 74 Broome Street located in?
The 74 Broome Street is a multifamily located in the neighborhood of Southside East in Southside, Binghamton.
What is the average sales price for listings in 74 Broome Street?
The average sales price for units in 74 Broome Street is $0 currently.

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