NOT LISTED FOR SALE

403 Franklin St Elmira, NY 14904

Estimated Value: $55,309 - $65,000

5 Beds
2 Baths
2,395 Sq Ft
$25/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $55,000 $23 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $389/month

130 Days on Market

About This Home

As of February 2024

Introducing a prime investment opportunity with this multi family home featuring two separate living units. Each side offers 3 bedrooms and 1 bathroom. While the upper level may require some attention, recent upgrades such as a newer hot water tank, furnace, windows and PEX plumbing throughout ensure improved efficiency and convenience for both units. This multi family holds the potential to generate rental income and with some efforts, can become a rewarding addition to your investment portfolio.

Stacey Parrish

Listing by Cabins to Castles License #10371200259 Listed on: 08/29/2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Feb 5, 2024
Sold by
Parker Brenda L and Thiel Jason
Bought by
Peoples Zachary
Buyer's Agent
Stacey Parrish
Cabins to Castles
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%
Total Days on Market
130
Views
78
Current Estimated Value
$58,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,827
Avg. Annual Appreciation
5.23%
Original Mortgage
$74,768
Outstanding Balance
$73,808
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$14,981

Purchase Details

Closed on
Aug 14, 2023
Sold by
Parker Brenda L
Bought by
Parker Brenda L and Thiel Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 17, 2018
Sold by
Thiel Jason A
Bought by
Parker Brenda L

Purchase Details

Closed on
Aug 16, 2018
Sold by
Thiel Jason A
Bought by
Parker Brenda L

Purchase Details

Closed on
May 6, 2011
Sold by
County Of Chemung
Bought by
Thiel Jason

Purchase Details

Closed on
Apr 18, 2007
Sold by
Octagon Apartments Llc
Bought by
Herrick Scott J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,150
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Peoples Zachary $55,000 None Available
Parker Brenda L -- None Available
Parker Brenda L -- --
Parker Brenda L -- --
Thiel Jason $7,250 --
Herrick Scott J $54,900 William Ogilvie
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peoples Zachary $74,768
Previous Owner Parker Brenda L $75,000
Previous Owner Herrick Scott J $52,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $55,000 -15.4% $23 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
08/29/2023 08/29/23 For Sale $65,000 -- $27 / 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 $2,986 $31,000 $3,000 $28,000
2023 $2,986 $31,000 $3,000 $28,000
2022 $1,098 $31,000 $3,000 $28,000
2021 $1,082 $31,000 $3,000 $28,000
2020 $1,129 $31,000 $3,000 $28,000
2019 $358 $31,000 $3,000 $28,000
2018 $2,686 $31,000 $3,000 $28,000
2017 $1,097 $31,000 $3,000 $28,000
2016 $1,315 $31,000 $3,000 $28,000
2015 -- $31,000 $3,000 $28,000
2014 -- $31,000 $3,000 $28,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC271528

APN: 070400-099-011-0009-002-000-0000