NOT LISTED FOR SALE

398-400 Sunset Dr Corning, NY 14830

Estimated Value: $78,000 - $185,000

5 Beds
2 Baths
1,914 Sq Ft
$72/Sq Ft Est. Value

Last Sold June 22, 2016

Last sale price $35,000 $18 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $859/month

84 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Forced Air Heating System
  • Corning-Painted Post High School Rated A-

About This Home

As of June 2016

Investment Opportunity! This two-family house is fully occupied and has a positive cash flow. Priced well below its assessed value to reflect the improvements needed. This is a side-by-side property with off-street parking and a deep lot.

Last Agent to Sell the Property

Kenneth Leath

Listing by Keller Williams Realty Southern Tier & Finger Lakes License #10491208664 Listed on: 02/29/2016

Keller Williams Realty Southern Tier & Finger Lakes

Co-Listed By

Tricia L. Leath

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

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 150x36

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,914 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

  • Carport
  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $15,000

Listing and Financial Details

  • Assessor Parcel Number 317.11-01-002.000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • 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 Sunset and follow it all the way to the end. This is the last house on the left before the apartments.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Year Built Details: Existing
  • Master Plan Zoning: Multi
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Patio
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Carport, Off Street, Parking Available

Utilities

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

Schools

  • Junior High Dist: Corning-Painted Post

Lot Info

  • Parcel Number: 317.11-01-002.000
  • Lot Dimensions: 150X36
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 15000.0

Tax Info

  • Tax Annual Amount: 3038.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
Kilmer Joseph M
Bought by
Steuben Holdings Llc
Current Estimated Value
$137,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Feb 29, 2016
Closed on
Jun 20, 2016
Sold by
Hakes Kenneth A
Bought by
Kilmer Joseph
Seller's Agent
Kenneth Leath
Keller Williams Realty Southern Tier & Finger Lakes
List Price
$37,900
Sold Price
$35,000
Premium/Discount to List
-$2,900
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.77%

Purchase Details

Closed on
Mar 11, 2011
Sold by
Hakes Carolyn
Bought by
Hakes Kenneth
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
Steuben Holdings Llc -- None Available
Kilmer Joseph $35,000 George Welch Jr.
Hakes Kenneth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steuben Holdings Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2016 06/22/16 Sold $35,000 -7.7% $18 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $37,900 -- $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 $1,648 $60,000 $10,500 $49,500
2023 $1,666 $60,000 $10,500 $49,500
2022 $2,117 $45,000 $7,200 $37,800
2021 $1,557 $45,000 $7,200 $37,800
2020 $975 $45,000 $7,200 $37,800
2019 $2,007 $45,000 $7,200 $37,800
2018 $2,007 $45,000 $7,200 $37,800
2017 $1,486 $45,000 $7,200 $37,800
2016 $2,286 $70,000 $7,200 $62,800
2015 -- $70,000 $7,200 $62,800
2014 -- $70,000 $7,200 $62,800
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Leath

    Seller's Agent in 2016

    Kenneth Leath

    Keller Williams Realty Southern Tier & Finger Lakes

    (607) 769-8263

    77 in this area

    196 Total Sales

    Kenneth Leath
    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Tricia L. Leath

    Keller Williams Realty Southern Tier & Finger Lakes

    (607) 368-8835

    45 in this area

    96 Total Sales

    Tricia L. Leath
    Section Image
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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC243237

APN: 460300-317-011-0001-002-000

New York Steuben County Corning 14830

398-400 Sunset Dr, Corning, NY

This home is located at 398-400 Sunset Dr, Corning, NY 14830 since 29 February 2016 and is currently estimated at $137,667, approximately $71 per square foot. 398-400 Sunset Dr is a home located in Steuben County with nearby schools including Frederick Carder Elementary School, Corning-Painted Post Middle School, and Corning-Painted Post 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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