NOT LISTED FOR SALE

70 W 5th St Corning, NY 14830

Estimated Value: $157,764

4 Beds
2 Baths
1,924 Sq Ft
$82/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $106,500 $55 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,200/month

22 Days on Market

Highlights

  • Porch
  • Open Patio
  • Heating System Uses Gas
  • Corning-Painted Post High School Rated A-
  • Carpet
  • 5-minute walk to Canfield Park

About This Home

As of April 2019

A great investment or owner-occupied 2 unit in a desirable block on Corning's Southside Hill! Both units are 2 BR, 1 Bath, and lots of space! Both units have their own laundry, and parking for 4+ off the alley. A great yard is a bonus! Some newer mechanicals including furnace. Income could likely obtain $1800+/mo. Walking distance to Market St, just minutes from I-86, the Malls, and the Finger Lakes! A great value! Executrix is a licensed Real Estate Salesperson.

Last Agent to Sell the Property

Daniel Mower

Listing by Keller Williams Realty Southern Tier & Finger Lakes License #10301205665 Listed on: 02/19/2019

Keller Williams Realty Southern Tier & Finger Lakes

Last Buyer's Agent

Kenneth Leath

Listing by Keller Williams Realty Southern Tier & Finger Lakes License #10491208664

Keller Williams Realty Southern Tier & Finger Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,148

Year Built

  • Built in 1870

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 163x63

Home Design

  • Cedar

Interior Spaces

  • 1,924 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 317.16-02-006.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,148

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1870
  • Water Body Name: None
  • Subdivision Name: NONE
  • Directions: I-86 to Rte 352/Downtown Corning. South on Walnut to right on Fifth. Home on left.
  • Architectural Style: Two Story
  • Flooring: Carpet, Varies, Vinyl
  • Year Built Details: Existing
  • Master Plan Zoning: Res
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.24
  • Waterfront: No
  • Construction Type: Cedar
  • Exterior Features: Patio
  • Patio And Porch Features: Open, Patio, Porch

Garage/Parking

  • Parking Features: Off Street, Parking Available

Utilities

  • Heating: Gas, 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: 317.16-02-006.000
  • Lot Dimensions: 163X63
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4148.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2019
Closed on
Apr 11, 2019
Sold by
Heineman Mark F
Bought by
Goetz Thomas A
Seller's Agent
Daniel Mower
Keller Williams Realty Southern Tier & Finger Lakes
Buyer's Agent
Kenneth Leath
Keller Williams Realty Southern Tier & Finger Lakes
List Price
$100,000
Sold Price
$106,500
Premium/Discount to List
$6,500
6.5%
Current Estimated Value
$157,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,264
Avg. Annual Appreciation
6.20%
Original Mortgage
$101,100
Outstanding Balance
$88,885
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$68,879
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
Goetz Thomas A $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goetz Thomas A $101,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2019 04/12/19 Sold $106,500 +6.5% $55 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $100,000 -- $52 / 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 $4,392 $115,000 $20,400 $94,600
2023 $3,193 $115,000 $20,400 $94,600
2022 $4,374 $93,000 $8,500 $84,500
2021 $3,217 $93,000 $8,500 $84,500
2020 $2,014 $93,000 $8,500 $84,500
2019 $4,465 $93,000 $8,500 $84,500
2018 $4,465 $93,000 $8,500 $84,500
2017 $3,071 $93,000 $8,500 $84,500
2016 $3,037 $93,000 $8,500 $84,500
2015 -- $93,000 $8,500 $84,500
2014 -- $93,000 $8,500 $84,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC254398

APN: 460300-317-016-0002-006-000