NOT LISTED FOR SALE

225 Franklin St Elmira, NY 14904

Estimated Value: $36,137 - $83,000

5 Beds
2 Baths
2,216 Sq Ft
$23/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $31,000 $14 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $338/month

950 Days on Market

About This Home

As of June 2021

Turn key opportunity to own a fully occupied duplex offered for less than 4x the gross annual income. Property features a 2BR/1BA apt on the main level and a 3BR/1BA apt upstairs. Property is fully managed by Royal Viking Realty for 10% of collections. They are happy to offer the same terms to a new owner.

Last Listed By

Christopher Kusznir

Key Brokers Brokerage Email: Chris@MyKeyBrokers.com License #10491206761 Listed on: 10/04/2018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,233

Year Built

1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 52X187
  • Water Body Name: None
  • Year Built: 1890
  • Attribution Contact: Chris@MyKeyBrokers.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Has Basement: Dirt Floor, Full
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt

Utilities

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

Schools

  • Elementary School: Other - See Remarks
  • Junior High Dist: Elmira

Lot Info

  • Lot Size Sq Ft: 19602.0
  • Parcel #: 070400 99.11-10-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2584.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Apr 16, 2021
Sold by
Wall Richard and Wall Regina
Bought by
Hernandez Luis
Seller's Agent
Christopher Kusznir
Key Brokers
Buyer's Agent
Christopher Kusznir
Key Brokers
List Price
$44,900
Sold Price
$31,000
Premium/Discount to List
-$13,900
-30.96%
Total Days on Market
950
Current Estimated Value
$51,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,284
Avg. Annual Appreciation
13.86%

Purchase Details

Closed on
Aug 10, 2006
Sold by
Pledged Property Ii Llc
Bought by
Wall Richard

Purchase Details

Closed on
Mar 31, 2006

Purchase Details

Closed on
Apr 16, 2001
Sold by
Ordway Maxine L P
Bought by
Grover Allyn Scott

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Elmira, NY

  • 429 Balsam St, Elmira, NY 14904

    $52,500

    • 3 Beds
    • 2 Baths
    • 982 Sq Ft
    • 429 Balsam St
    • Elmira, NY

    Looking for an investment? This may be the property for you and could be purchased together with other properties as a group! The property is being sold 'AS-IS.

    Mary Alice Vorhis Warren Real Estate

    Section Image
  • 454 Mount Zoar St, Elmira, NY 14904

    $54,999

    • 4 Beds
    • 2 Baths
    • 2,025 Sq Ft
    • 454 Mount Zoar St
    • Elmira, NY

    Looking for a two unit multi family home with up and down apartments, that is fully rented with great income!? Check this place out! Located near schools and the S. Main St. business district, this multifamily home is close to amenities and public transportation! The corner lot next to the house conveys with the sale. Don't miss your chance to add this property to your investment portfolio! More

    Section Image
  • 312 Broadway St, Elmira, NY 14904

    $42,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 312 Broadway St
    • Elmira, NY

    Looking for an investment? This may be the property for you and could be purchased together with other properties as a group! The property is being sold 'AS-IS.

    Kristin Griffin Warren Real Estate-Corning

    Section Image
  • 310 Broadway St, Elmira, NY 14904

    $61,000

    • 6 Beds
    • 2 Baths
    • 2,896 Sq Ft
    • 310 Broadway St
    • Elmira, NY

    Looking for an investment? This may be the property for you and could be purchased together with other properties as a group! The property is being sold 'AS-IS

    Patricia Page Warren Real Estate

    Section Image
  • 213 W Hudson St, Elmira, NY 14904

    $44,900

    • 6 Beds
    • 2 Baths
    • 3,399 Sq Ft
    • 213 W Hudson St
    • Elmira, NY

    Looking for an investment? This may be the property for you and could be purchased together with other properties as a group! The property is being sold 'AS-IS.

    Megan Schmidt Warren Real Estate

    Section Image
  • 307 Lormore St, Elmira, NY 14904

    $50,000

    • 6 Beds
    • 2 Baths
    • 2,608 Sq Ft
    • 307 Lormore St
    • Elmira, NY

    Discover the potential of this large duplex located in Elmira, New York. This property is ideal for investors looking to maximize rental income or for those seeking a multi-family home with customization opportunities. Each unit has three bedrooms and one bath. The downstairs apartment is a blank canvas, needing everything and offering endless possibilities for renovation. The upstairs

    Kelly Sindoni Warren Real Estate-Elmira

    Section Image
  • 309 Caldwell Ave, Elmira, NY 14904

    $45,000

    • 3 Beds
    • 2 Baths
    • 2,019 Sq Ft
    • 309 Caldwell Ave
    • Elmira, NY

    Restore this house to its former beauty! It's a two-story multi-family home right now, but it has the potential to become a single-family residence. Investors, take note: The lower unit has 1 bedroom while the upper has 2-3. The rooms are roomy, the backyard can be beautiful, and it comes with 150-amp electrical service and a sturdy two-car garage. Repairs and care are needed to bring it back to

    Jennifer Silata Howard Hanna Corning Denison

    Section Image
  • 351 Columbia St, Elmira, NY 14901

    $47,900

    • 6 Beds
    • 2 Baths
    • 2,912 Sq Ft
    • 351 Columbia St
    • Elmira, NY

    Here is a very affordable two unit property located in the City of Elmira. Both units have 3 bedrooms, 1 full bathroom, just under 1500 finished sq ft and separate utilities! The right side is vacant and the left side is in the process of moving out. This home sits on a corner lot, each side has a covered porch with a middle divider and is PRICED TO SELL!

    Thomas Easton Howard Hanna Horseheads

    Section Image
  • 355 Columbia St, Elmira, NY 14901

    $42,900

    • 7 Beds
    • 3 Baths
    • 3,602 Sq Ft
    • 355 Columbia St
    • Elmira, NY

    INVESTORS! Here is a great opportunity to own a 4 unit investment property! There is a 2 bedroom, 1 bath unit receiving $800 monthly, an efficiency receiving $500 monthly, and then two of the units have been turned into one and that is being rented out for $900 and all units include utilities. (One meter currently). This is a money maker and a MUST SEE. (456 Columbia is also a 4 unit for sale

    Thomas Easton Howard Hanna Horseheads

    Section Image

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
Hernandez Luis $28,000 None Available
Wall Richard $27,500 Jacob Frumkin
-- $52,352 --
Grover Allyn Scott $32,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wall Richard $41,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $31,000 -31.0% $14 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
10/04/2018 10/04/18 For Sale $44,900 -- $20 / Sq Ft
Source: Ithaca Board 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 $3,233 $35,000 $3,300 $31,700
2023 $3,233 $35,000 $3,300 $31,700
2022 $1,239 $35,000 $3,300 $31,700
2021 $1,221 $35,000 $3,300 $31,700
2020 $1,275 $35,000 $3,300 $31,700
2019 $404 $35,000 $3,300 $31,700
2018 $2,938 $35,000 $3,300 $31,700
2017 $1,239 $35,000 $3,300 $31,700
2016 $1,230 $35,000 $3,300 $31,700
2015 -- $35,000 $3,300 $31,700
2014 -- $35,000 $3,300 $31,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB314971

APN: 070400-099-011-0010-003-000-0000