NOT LISTED FOR SALE

402 E 2nd St Corning, NY 14830

Estimated Value: $77,000 - $152,000

6 Beds
2 Baths
1,966 Sq Ft
$58/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $75,500 $38 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $807/month

153 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Open Patio
  • Corning-Painted Post High School Rated A-
  • Porch
  • 5-minute walk to Pond Pavillion

About This Home

As of October 2017

Well maintained multi-family that has great income potential & perfect for OWNER OCCUPIED home.Vacant 1st Fl, move in ready.Upstairs is occupied w/newly signed 1 year lease.1st/2nd flr units offer 3 bdrms living room,large kitchen & ample size bathroom.Covered porch to enjoy summer nights.2nd fl unit has a walk up attic w/an extra rm for storage.Both units have washer & dryer hookup,stove & refrigerator available in both units.There is off street parking w/1 c det. garage.Newer roof,water heater & many other updates have been done.Near Denison Park & Corning Community College.

Last Agent to Sell the Property

Jennifer Baker

Listing by Howard Hanna Corning Market St. Listed on: 04/06/2017

Last Buyer's Agent

Marcalene Wright

Listing by Richard Winters Real Estate License #40WR0809114

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1905

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 100x45

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,966 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • Garage
  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Community Details

  • 2 Units
  • Gross Income $9,432

Listing and Financial Details

  • Assessor Parcel Number 318.55-01-056.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,892

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1905
  • Water Body Name: None
  • Subdivision Name: NONE
  • Directions: From Corning, take a RIGHT onto Park Ave. at the STOP sign veer to the RIGHT, house sits on the corner of Park Ave and E. Second Street. Driveway is on E. Second Street.
  • Architectural Style: Two Story
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Attic, Storage
  • Year Built Details: Existing
  • Master Plan Zoning: Res
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.09
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Open, Porch

Garage/Parking

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

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: 318.55-01-056.000
  • Lot Dimensions: 100X45
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 9432.0

Tax Info

  • Tax Annual Amount: 1892.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2025
Sold by
Venus Rntls & Re Llc
Bought by
Sbd Cor Realty Llc
Current Estimated Value
$113,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,568
Outstanding Balance
$272,358
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$159,025

Purchase Details

Listed on
Apr 6, 2017
Closed on
Oct 6, 2017
Sold by
Lake Gregory M
Bought by
Real Estate Llc Venus Rentals & and Real Estate Llc
Seller's Agent
Jennifer Baker
Howard Hanna Corning Market St.
Buyer's Agent
Marcalene Wright
Richard Winters Real Estate
List Price
$88,888
Sold Price
$75,500
Premium/Discount to List
-$13,388
-15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$60,400
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2000
Sold by
First Heritage Fed Cu
Bought by
Lake Gregory and Lake Virginia C

Purchase Details

Closed on
Sep 14, 2000
Sold by
Maio Steven P
Bought by
First Heritage Federal Cr Edit Union

Purchase Details

Closed on
Nov 25, 1996
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
Sbd Cor Realty Llc $330,000 None Available
Real Estate Llc Venus Rentals & $75,500 Welch & Zink
Real Estate Llc Venus Rentals & $75,500 Welch & Zink
Lake Gregory $32,000 --
Lake Gregory $32,000 --
First Heritage Federal Cr Edit Union $30,000 George J Welch
First Heritage Federal Cr Edit Union $30,000 George J Welch
-- $28,600 --
-- $28,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sbd Cor Realty Llc $273,568
Previous Owner Real Estate Llc Venus Rentals & $60,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $75,500 -15.1% $38 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $88,888 -- $45 / 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 $2,526 $92,000 $10,500 $81,500
2023 $2,554 $92,000 $10,500 $81,500
2022 $3,551 $75,500 $7,200 $68,300
2021 $2,612 $75,500 $7,200 $68,300
2020 $1,635 $75,500 $7,200 $68,300
2019 $3,367 $75,500 $7,200 $68,300
2018 $3,367 $75,500 $7,200 $68,300
2017 $1,453 $44,000 $7,200 $36,800
2016 $1,437 $44,000 $7,200 $36,800
2015 -- $44,000 $7,200 $36,800
2014 -- $44,000 $7,200 $36,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jennifer Baker

    Howard Hanna Corning Market St.

  • M

    Buyer's Agent in 2017

    Marcalene Wright

    Richard Winters Real Estate

    (607) 937-5438

    13 in this area

    69 Total Sales

    Marcalene Wright
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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC247233

APN: 460300-318-055-0001-056-000

New York Steuben County Corning 14830

402 E 2nd St, Corning, NY

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