NOT LISTED FOR SALE

227 Crete Ave Elmira, NY 14901

Estimated Value: $64,000 - $110,000

3 Beds
2 Baths
1,724 Sq Ft
$53/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $96,000 $56 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $594/month

47 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Wood Siding
  • Wood Flooring
  • Baseboard Heating

About This Home

As of November 2022

Welcome to 227 Crete Ave! This 2-unit dwelling offers much. 2 beds, one bath in each unit, screened front porch, private deck with upper, detached 2-car garage, paved driveway and off-street parking, replacement windows and expansive back yard are a few of the perks you'll find. Proximity to Arnot, LECOM and retail, price and fully occupied status make this a turn-key money maker.

Last Agent to Sell the Property

Stephen (Steve) Hudock

Listing by Signature Properties License #10401287427 Listed on: 09/05/2022

Signature Properties

Last Buyer's Agent

Kelly McKay

Listing by Signature Properties License #10301221153

Signature Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,526

Year Built

  • Built in 1900

Lot Details

  • 0.34

Home Design

  • Wood Siding
  • Shake Siding

Interior Spaces

  • 1,724 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 79.13-2-48

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,526

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1900
  • Water Body Name: None
  • Subdivision Name: NONE
  • Directions: Travel North on Davis St., at five corners by Subway, turn right onto Crete and home is on the right.
  • Architectural Style: Two Story
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Year Built Details: Existing
  • Master Plan Zoning: Res
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

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

Exterior Features

  • Waterfront: No
  • Construction Type: Shake Siding, Wood Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck, Enclosed, Porch

Garage/Parking

  • Parking Features: Off Street, Parking Available, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Hot Water, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Elmira

Lot Info

  • Parcel Number: 79.13-2-48
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 3526.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Nov 21, 2022
Sold by
Giammichele Robert G and Giammichele Marlene M
Bought by
Velocity Properties Llc
Seller's Agent
Stephen (Steve) Hudock
Signature Properties
Buyer's Agent
Kelly McKay
Signature Properties
List Price
$89,900
Sold Price
$96,000
Premium/Discount to List
$6,100
6.79%
Current Estimated Value
$92,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,831
Avg. Annual Appreciation
-1.76%
Original Mortgage
$76,000
Outstanding Balance
$74,067
Interest Rate
7.08%
Mortgage Type
Commercial
Estimated Equity
$17,332

Purchase Details

Closed on
Apr 15, 1997
Sold by
Crowley David
Bought by
Giammichele Robert and Giammichele Marlene

Purchase Details

Closed on
May 16, 1991
Sold by
Lagier Blanche
Bought by
Crowley David F
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
Velocity Properties Llc $96,000 None Available
Giammichele Robert $45,700 --
Crowley David F $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velocity Properties Llc $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $96,000 +6.8% $56 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
09/05/2022 09/05/22 For Sale $89,900 -- $52 / 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 $4,088 $44,000 $11,100 $32,900
2023 $4,082 $44,000 $11,100 $32,900
2022 $1,558 $44,000 $11,100 $32,900
2021 $1,535 $44,000 $11,100 $32,900
2020 $1,603 $44,000 $11,100 $32,900
2019 $508 $44,000 $11,100 $32,900
2018 $3,506 $44,000 $11,100 $32,900
2017 $1,557 $44,000 $11,100 $32,900
2016 $1,547 $44,000 $11,100 $32,900
2015 -- $44,000 $11,100 $32,900
2014 -- $44,000 $11,100 $32,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Stephen (Steve) Hudock

    Signature Properties

    (607) 731-6534

    39 in this area

    76 Total Sales

    Stephen (Steve) Hudock
    Section Image
  • Kelly McKay

    Buyer's Agent in 2022

    Kelly McKay

    Signature Properties

    (607) 207-5700

    40 in this area

    106 Total Sales

    Kelly McKay
    Section Image
See All Agents

Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC267825

APN: 070400-079-013-0002-048-000-0000

New York Chemung County Elmira 14901

227 Crete Ave, Elmira, NY

This home is located at 227 Crete Ave, Elmira, NY 14901 since 05 September 2022 and is currently estimated at $92,169, approximately $53 per square foot. This property was built in 1900. 227 Crete Ave is a home located in Chemung County with nearby schools including Fassett Elementary School, Thomas K. Beecher School, and Elmira High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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