Seller's Agent in 2023
Gabe Seifter
Hunt Real Estate
(315) 559-5068
3 in this area
167 Total Sales
317 Baty St Elmira, NY 14904
Estimated Value: $61,070 - $76,000
5
Beds
2
Baths
1,990
Sq Ft
$34/Sq Ft
Est. Value
About This Home
As of December 2023Investors do not miss out on adding this highly desirable side by side duplex to your rental portfolio. Long term tenants are in place and pay on time every month but rents have room to be raised. Currently operating at a 51% cash on cash return with a NOI of $7736.12 last year. Professional management is in place for a turn key, seamless transaction.
Last Agent to Sell the Property
Listing by Hunt Real Estate ERA License #10301220827 Listed on: 06/27/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 5,700 Sq Ft Lot
- Lot Dimensions are 50x114
Home Design
- Vinyl Siding
Interior Spaces
- 1,990 Sq Ft Home
- 2-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Rent includes snow removal, water
- Tax Lot 36
- Assessor Parcel Number 070400-099-015-0004-036-000-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2023
Closed on
Dec 19, 2023
Sold by
Phoreal Properties Llc
Bought by
Jnrf Properties Llc
Seller's Agent
Gabe Seifter
Hunt Real Estate ERA
Buyer's Agent
Reciprocal Reciprocal
RECIPROCAL CORTLAND
List Price
$77,000
Sold Price
$48,950
Premium/Discount to List
-$28,050
-36.43%
Views
210
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,068
Avg. Annual Appreciation
19.66%
Purchase Details
Closed on
Oct 22, 2021
Sold by
Akj Holdings Llc
Bought by
Phoreal Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
2.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 31, 2020
Sold by
R & J Apartments Llc
Bought by
Akj Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 30, 2019
Closed on
Jun 21, 2019
Sold by
Elmira Vision Llc
Bought by
R And J Apartments Llc
Seller's Agent
Rickey Paul
REP Home Sales & Services
Buyer's Agent
Judy Paul
REP Home Sales & Services
List Price
$52,000
Sold Price
$40,000
Premium/Discount to List
-$12,000
-23.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Purchase Details
Closed on
Feb 21, 2011
Sold by
Wolfe Ian
Bought by
Elmira Vision Llc
Purchase Details
Closed on
Jul 26, 2001
Sold by
Cook Jeremiah J and Cook Sandra K
Bought by
Wolfe Ian M
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jnrf Properties Llc | $110,000 | None Available | |
| Phoreal Properties Llc | $560,000 | None Available | |
| Akj Holdings Llc | $150,000 | None Available | |
| R And J Apartments Llc | $320,000 | -- | |
| Elmira Vision Llc | $39,000 | -- | |
| Wolfe Ian M | $44,000 | David B Pawlak |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jnrf Properties Llc | $74,200 | |
| Previous Owner | Phoreal Properties Llc | $448,000 | |
| Previous Owner | Akj Holdings Llc | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2023 12/22/23 | Sold | $48,950 | -18.3% | $25 / Sq Ft |
| 10/19/2023 10/19/23 | Pending | -- | -- | -- |
| 09/11/2023 09/11/23 | Price Changed | $59,900 | -16.8% | $30 / Sq Ft |
| 07/21/2023 07/21/23 | Price Changed | $72,000 | -6.5% | $36 / Sq Ft |
| 06/26/2023 06/26/23 | For Sale | $77,000 | +92.5% | $39 / Sq Ft |
| 06/07/2019 06/07/19 | Sold | $40,000 | -23.1% | $20 / Sq Ft |
| 05/30/2019 05/30/19 | For Sale | $52,000 | -- | $26 / Sq Ft |
Source: Central New York Information Services
Tax History Compared to Growth
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 | $4,034 | $42,000 | $5,400 | $36,600 |
| 2023 | $4,028 | $42,000 | $5,400 | $36,600 |
| 2022 | $1,487 | $42,000 | $5,400 | $36,600 |
| 2021 | $1,466 | $42,000 | $5,400 | $36,600 |
| 2020 | $1,733 | $42,000 | $5,400 | $36,600 |
| 2019 | $767 | $42,000 | $5,400 | $36,600 |
| 2018 | $3,661 | $42,000 | $5,400 | $36,600 |
| 2017 | $1,486 | $42,000 | $5,400 | $36,600 |
| 2016 | $1,660 | $42,000 | $5,400 | $36,600 |
| 2015 | -- | $42,000 | $5,400 | $36,600 |
| 2014 | -- | $42,000 | $5,400 | $36,600 |
Source: Public Records
Agents Affiliated with this Home
-
Gabe Seifter
-
Reciprocal Reciprocal
R
Buyer's Agent in 2023
Reciprocal Reciprocal
RECIPROCAL CORTLAND
(607) 753-1227
7 in this area
315 Total Sales
-
Rickey Paul
Seller's Agent in 2019
Rickey Paul
REP Home Sales & Services
(607) 732-1440
39 in this area
59 Total Sales
-
J
Buyer's Agent in 2019
Judy Paul
REP Home Sales & Services
Map
Source: Central New York Information Services
MLS Number: S1479696
APN: 070400-099-015-0004-036-000-0000
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