NOT LISTED FOR SALE

118 W 3rd St Corning, NY 14830

Estimated Value: $109,000 - $131,000

3 Beds
2 Baths
1,444 Sq Ft
$83/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $90,000 $62 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $796/month

72 Days on Market

About This Home

As of July 2023

PRICE REDUCED!!!! Move In Ready. Clean, bright, two-story home with lots of natural light provided by all new windows. Quiet neighborhood street, conveniently located to Market Street in Corning and close to Corning Free Academy. This property offers off street parking capability with detached garage. Side enclosed porch at the entryway and side patio with back door to bonus room with laundry and half bathroom. Dining room and eat in kitchen. Front Living Room with built in shelves and lots of light. Second story offers 3 bedrooms and full bathroom. Master Bedroom has walk in closet.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jul 21, 2023
Sold by
Hoag Dean W Est and Hoag
Bought by
Spencer Hill Re Llc
List Price
$129,000
Sold Price
$90,000
Premium/Discount to List
-$39,000
-30.23%
Total Days on Market
72
Views
184
Current Estimated Value
$120,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,440
Avg. Annual Appreciation
16.76%
Original Mortgage
$67,500
Outstanding Balance
$66,285
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$54,155

Purchase Details

Closed on
Mar 1, 2019
Sold by
Cornerstone Homes Inc and Arnold
Bought by
Cornerstone 70238 Hldgs

Purchase Details

Closed on
Aug 13, 2007
Sold by
Secretary Of Hud
Bought by
Cornerstone Homes Inc

Purchase Details

Closed on
Apr 12, 2007
Sold by
Hsbc Bank Usa Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Oct 30, 2006
Sold by
Malorzo Joseph
Bought by
Hsbc Bank Usa Na
Source: Public Records

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Range of Values:

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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
Spencer Hill Re Llc $90,000 None Available
Cornerstone 70238 Hldgs -- --
Cornerstone Homes Inc $27,123 --
Secretary Of Hud -- --
Secretary Of Hud -- --
Hsbc Bank Usa Na $33,753 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Hill Re Llc $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $90,000 -30.2% $62 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $129,000 -- $89 / Sq Ft
Source: Elmira-Corning Regional 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 $4,545 $119,000 $14,400 $104,600
2023 $3,304 $119,000 $14,400 $104,600
2022 $3,998 $85,000 $6,200 $78,800
2021 $2,941 $85,000 $6,200 $78,800
2020 $1,841 $85,000 $6,200 $78,800
2019 $3,922 $85,000 $6,200 $78,800
2018 $3,922 $85,000 $6,200 $78,800
2017 $2,807 $85,000 $6,200 $78,800
2016 $2,776 $85,000 $6,200 $78,800
2015 -- $85,000 $6,200 $78,800
2014 -- $85,000 $6,200 $78,800
Source: Public Records

Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC269265

APN: 460300-317-060-0001-020-000