NOT LISTED FOR SALE

198 E 3rd St Corning, NY 14830

Estimated Value: $85,000 - $127,000

4 Beds
3 Baths
2,210 Sq Ft
$49/Sq Ft Est. Value

Last Sold June 20, 2022

Last sale price $62,500 $28 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $714/month

187 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Open Patio
  • Corning-Painted Post High School Rated A-
  • Porch
  • Forced Air Heating System

About This Home

As of June 2022

Don't miss your opportunity to own this spacious 3 unit multi family on the southside of Corning. There is a 2 bedroom apartment that's currently rented, a one bedroom unit with long term tenant, and one vacant one bedroom unit. All separate electric meters. This property has a lot of potential to add more income and value after putting in some sweat equity. Also offered as part of a package deal along with 212 Pearl St. and 312 Watauga Ave Ext.

Last Agent to Sell the Property

Thomas Easton

Listing by Howard Hanna Horseheads License #10401297884 Listed on: 11/15/2021

Last Buyer's Agent

Jennifer Silata

Listing by Howard Hanna Corning Denison License #10401284831

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 3,180 Sq Ft Lot
  • Lot Dimensions are 82x39

Parking

  • No Garage

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 2,210 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Laminate

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 318.54-01-064.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1980
  • Water Body Name: None
  • Subdivision Name: NONE
  • Directions: GPS works
  • Architectural Style: Two Story, Victorian
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: No
  • Year Built Details: Existing
  • Master Plan Zoning: 3 Fam Res
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Range, Oven, Refrigerator
  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Acres: 0.073
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Corning-Painted Post

Lot Info

  • Parcel Number: 318.54-01-064.000
  • Lot Dimensions: 82X39
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3772.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2023
Sold by
Prince Carson T
Bought by
Prince Prop Rentals Llc
Current Estimated Value
$107,667

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jun 15, 2022
Sold by
Buth Mary M
Bought by
Prince Carson
Seller's Agent
Thomas Easton
Howard Hanna Horseheads
Buyer's Agent
Jennifer Silata
Howard Hanna Corning Denison
List Price
$89,900
Sold Price
$62,500
Premium/Discount to List
-$27,400
-30.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%
Original Mortgage
$65,600
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2003
Sold by
Buth Wesley
Bought by
Buth Mary
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Prince Prop Rentals Llc -- None Available
Prince Carson $62,500 None Available
Buth Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prince Carson $65,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Sold $62,500 -30.5% $28 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
11/15/2021 11/15/21 For Sale $89,900 -- $41 / 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 $1,758 $64,000 $7,900 $56,100
2023 $1,777 $64,000 $7,900 $56,100
2022 $2,916 $62,000 $6,500 $55,500
2021 $2,145 $62,000 $6,500 $55,500
2020 $1,343 $62,000 $6,500 $55,500
2019 $3,501 $62,000 $6,500 $55,500
2018 $3,501 $62,000 $6,500 $55,500
2017 $2,047 $62,000 $6,500 $55,500
2016 $2,025 $62,000 $6,500 $55,500
2015 -- $62,000 $6,500 $55,500
2014 -- $62,000 $6,500 $55,500
Source: Public Records

Agents Affiliated with this Home

  • Thomas Easton

    Seller's Agent in 2022

    Thomas Easton

    Howard Hanna Horseheads

    (607) 739-1444

    18 in this area

    416 Total Sales

    Thomas Easton
    Section Image
  • Jennifer Silata

    Buyer's Agent in 2022

    Jennifer Silata

    Howard Hanna Corning Denison

    (607) 331-1256

    11 in this area

    275 Total Sales

    Jennifer Silata
    Section Image
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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC264364

APN: 460300-318-054-0001-064-000

New York Steuben County Corning 14830

198 E 3rd St, Corning, NY

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