NOT LISTED FOR SALE

296 Park Ave Corning, NY 14830

Estimated Value: $155,000 - $168,000

5 Beds
2 Baths
2,328 Sq Ft
$68/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $138,000 $59 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,114/month

77 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Hot Water Heating System
  • Corning-Painted Post High School Rated A-
  • Open Patio

About This Home

As of October 2022

Two-unit house with upper upper and lower apartments. Both units are currently occupied with month-to-month tenants. Tenants pay all appliances. There is off -street parking for both tenants and a two-car garage. Convenient location, just a couple of minutes to Market Street and Wegmans. Or walk for your morning cup of coffee at Dunkin Donuts.

Last Agent to Sell the Property

Kenneth Leath

Listing by Keller Williams Realty Southern Tier & Finger Lakes License #10491208664 Listed on: 06/27/2022

Keller Williams Realty Southern Tier & Finger Lakes

Co-Listed By

Tricia L. Leath

Listing by Keller Williams Realty Southern Tier & Finger Lakes License #40DE1107244

Last Buyer's Agent

Lauren Groth

Listing by Keller Williams Realty Southern Tier & Finger Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 1890

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 171x74

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $21,000

Listing and Financial Details

  • Assessor Parcel Number 318.14-03-054.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,940

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1890
  • Water Body Name: None
  • Co List Office Mls Id: EC242
  • Co List Office Phone: (607) 795-2900
  • Subdivision Name: NONE
  • Directions: From the Denison Parkway go south on Park Avenue (across from Dunkin Donuts). Follow this to this unit on your left.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Flooring: Hardwood, Varies, Vinyl
  • Year Built Details: Existing
  • Master Plan Zoning: Res Multi
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dryer, Free-Standing Range, Gas Water Heater, Oven, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Acres: 0.29
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Parking Features: Carport, Off Street, Parking Available, One Space

Utilities

  • Heating: Gas, Hot Water, Radiator(s)
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Corning-Painted Post

Lot Info

  • Parcel Number: 318.14-03-054.000
  • Lot Dimensions: 171X74
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 21000.0

Tax Info

  • Tax Annual Amount: 3940.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Oct 12, 2022
Sold by
Asbury James D
Bought by
Garabito Andrew J
Seller's Agent
Kenneth Leath
Keller Williams Realty Southern Tier & Finger Lakes
Buyer's Agent
Lauren Groth
Keller Williams Realty Southern Tier & Finger Lakes
List Price
$145,000
Sold Price
$138,000
Premium/Discount to List
-$7,000
-4.83%
Current Estimated Value
$158,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,501
Avg. Annual Appreciation
4.41%
Original Mortgage
$135,500
Outstanding Balance
$130,038
Interest Rate
5.66%
Mortgage Type
FHA
Estimated Equity
$28,463

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jul 22, 2015
Sold by
Pierotti Francesco R
Bought by
Asbury James D
Seller's Agent
Vincent (Vince) J. DiLaura
Keller Williams Realty Southern Tier & Finger Lakes
Buyer's Agent
Theresa Burke
Coldwell Banker Horizons/C
List Price
$81,900
Sold Price
$67,000
Premium/Discount to List
-$14,900
-18.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garabito Andrew J $138,000 None Available
Asbury James D $67,000 Vincent J. Welch
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garabito Andrew J $135,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2022 10/12/22 Sold $138,000 -4.8% $59 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $145,000 +116.4% $62 / Sq Ft
07/22/2015 07/22/15 Sold $67,000 -18.2% $29 / Sq Ft View Prior Sale
06/22/2015 06/22/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $81,900 -- $35 / 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 $3,433 $125,000 $17,700 $107,300
2023 $3,471 $125,000 $17,700 $107,300
2022 $3,951 $84,000 $10,300 $73,700
2021 $2,906 $84,000 $10,300 $73,700
2020 $1,819 $84,000 $10,300 $73,700
2019 $3,746 $84,000 $10,300 $73,700
2018 $3,746 $84,000 $10,300 $73,700
2017 $2,774 $84,000 $10,300 $73,700
2016 $2,743 $84,000 $10,300 $73,700
2015 -- $84,000 $10,300 $73,700
2014 -- $84,000 $10,300 $73,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC266186

APN: 460300-318-014-0003-054-000