NOT LISTED FOR SALE

116 W 1st St Corning, NY 14830

-- Bed
-- Bath
5,142 Sq Ft
10,454 Sq Ft Lot

Last Sold July 06, 2022

Last sale price $38,000 $7 Per Sq Ft

198 Days on Market

About This Home

As of July 2022

Looking for a great opportunity? Look no more! This property has tons of
potential, this home is average in living space size for the neighborhood. This
home has tons of character and charm. It is located close to main roads with
easy access to local amenities. Seller makes no guarantees about property’s
condition, room count or other physical characteristics nor does seller
guarantee accuracy whether property is on public sewer or private septic.
Buyers’ premium paid at closing by buyer. *** Seller makes no guarantees about
property’s condition, room count or other physical characteristics nor does
seller guarantee accuracy whether property is on public sewer or private septic.
***

Last Agent to Sell the Property

Christopher Rose

Listing by REALHome Services & Solutions License #10311208824 Listed on: 11/24/2021

Last Buyer's Agent

The GRAR

Listing by Greater Rochester Assoc of RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $614

Year Built

  • Built in 1888

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 83 x 126

Home Design

  • Frame Construction

Interior Spaces

  • 5,142 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Schools

  • Corning Free Academy Middle School
  • Corning-Painted Post High Learning Center

Utilities

  • Multiple Heating Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Rent includes no utilities
  • Tax Lot 29
  • Assessor Parcel Number 460300-317-012-0002-029-200

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$614

Year Built

Built in 1888

Lot Details

0

Listing Details

  • NY Swis Code: Corning-City-460300
  • Total Assessed Value: 70000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 83
  • Lot Dimension Front: 126
  • Lot Number: 29
  • Nearest Cross Street: Walnut St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 158399.33
  • Ratio Close Price By Sq Ft: 7.39
  • Ratio List Price By Acres: 219258.02
  • Ratio List Price By Sq Ft: 10.23
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • Sub Board Code: Rochester
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 10454
  • Age of Building: 134
  • Year Built: 1888
  • Directions To Property: Head north on Walnut St toward W 1st St, turn left onto W 1st St.
  • Sq Ft Total Pub: 5142
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1888

Interior Features

  • Basement Description: Partial
  • Total Sq Ft: 5142

Exterior Features

  • Construction: Frame
  • Number of Acres: 0.2399

Garage/Parking

  • Number of Electric Meters: 4

Utilities

  • Number of Gas Meters: 4
  • Number of Heating Units: 4

Lot Info

  • Parcel Number: 460300-317-012-0002-029-200

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 614

MLS Schools

  • High School Name: Corning-Painted Post High Learning Center
  • Middle School Name: Corning Free Academy Middle
  • School District Name: Corning-Painted Post

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2022 07/06/22 Sold $38,000 -27.8% $7 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/06/2022 05/06/22 Price Changed $52,600 -9.8% $10 / Sq Ft
04/14/2022 04/14/22 Price Changed $58,300 -12.5% $11 / Sq Ft
04/14/2022 04/14/22 For Sale $66,600 0.0% $13 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $66,600 0.0% $13 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/07/2022 02/07/22 Price Changed $66,600 0.0% $13 / Sq Ft
02/07/2022 02/07/22 For Sale $66,600 -6.1% $13 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/05/2022 01/05/22 Price Changed $70,900 -7.2% $14 / Sq Ft
12/20/2021 12/20/21 Price Changed $76,400 -5.2% $15 / Sq Ft
11/24/2021 11/24/21 For Sale $80,600 -- $16 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $3,433 $125,000 $23,000 $102,000
2023 $3,471 $125,000 $23,000 $102,000
2022 $3,292 $70,000 $23,000 $47,000
2021 $2,422 $70,000 $23,000 $47,000
2020 $1,516 $70,000 $23,000 $47,000
2019 $3,182 $70,000 $23,000 $47,000
2018 $3,182 $70,000 $23,000 $47,000
2017 $2,312 $70,000 $23,000 $47,000
2016 $2,286 $70,000 $23,000 $47,000
2015 -- $70,000 $23,000 $47,000
2014 -- $70,000 $23,000 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1379766

Upstate New York Real Estate Information Services (UNYREIS)