NOT LISTED FOR SALE

2883A-B Main St Corning, NY 14830

Estimated Value: $39,000 - $120,000

6 Beds
2 Baths
1,440 Sq Ft
$58/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $20,000 $14 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $639/month

30 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Wood Siding
  • Corning-Painted Post High School Rated A-
  • Forced Air Heating System

About This Home

As of October 2020

Handyman special!!! FIX IT and FLIP IT or rent it out and generate income! This 2 unit multi family home has so much potential - tucked away in a quiet residential area of Corning. Priced to sell! Come take a look and bring all offers!! Property is being sold as-is. This property can also be bundled with 291 Sunset Dr for a package deal, which is also a 2 unit and fully occupied.

Last Agent to Sell the Property

Adrian Irvin

Listing by Keller Williams Realty Southern Tier & Finger Lakes Listed on: 08/31/2020

Last Buyer's Agent

Stuart Baldwin

Listing by American Capital

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Walk-Out Basement

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • 2 Units
  • Gibson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 318.015-0001-033.0000000

Property Details

Home Type

Multi-Family

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: GIBSON
  • Directions: Follow I-86 W to NY-961Q in Corning. Take exit 47 from I-86 W. Follow NY-352 W to Main St. Property is on the left.
  • Architectural Style: Two Story
  • Flooring: Laminate, Varies
  • Year Built Details: Existing
  • Master Plan Zoning: RES
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Walk-Out Access

Exterior Features

  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck, Enclosed, Porch

Garage/Parking

  • Parking Features: Other, See Remarks

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Other, See Remarks

Schools

  • Junior High Dist: Corning-Painted Post

Lot Info

  • Parcel Number: 318.015-0001-033.0000000
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 2208.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 24, 2020
Sold by
Bender Erik J
Bought by
American Capital Re Llc
Seller's Agent
Adrian Irvin
Keller Williams Realty Southern Tier & Finger Lakes
Buyer's Agent
Stuart Baldwin
American Capital
List Price
$29,500
Sold Price
$20,000
Premium/Discount to List
-$9,500
-32.2%
Current Estimated Value
$83,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,411
Avg. Annual Appreciation
34.48%
Original Mortgage
$54,000
Outstanding Balance
$48,162
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$35,249

Purchase Details

Closed on
Jan 17, 2020
Sold by
Bender John P Est
Bought by
Bender Erik L

Purchase Details

Closed on
Mar 29, 1999
Sold by
Corning Federal Credit Union
Bought by
Bender John

Purchase Details

Closed on
Jul 21, 1998
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
American Capital Re Llc $20,000 None Available
Bender Erik L -- None Available
Bender John $8,000 --
-- $17,000 --
-- $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open American Capital Re Llc $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $20,000 -32.2% $14 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $29,500 -- $20 / 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 $2,221 $65,000 $10,000 $55,000
2023 $2,114 $65,000 $10,000 $55,000
2022 $2,146 $65,000 $10,000 $55,000
2021 $2,231 $60,000 $9,800 $50,200
2020 $2,241 $60,000 $9,800 $50,200
2019 $2,201 $60,000 $9,800 $50,200
2018 $2,201 $60,000 $9,800 $50,200
2017 $2,356 $58,100 $9,800 $48,300
2016 $2,271 $58,100 $9,800 $48,300
2015 -- $58,100 $9,800 $48,300
2014 -- $58,100 $9,800 $48,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC260300

APN: 463889-318-015-0001-033-000