NOT LISTED FOR SALE

708 W Gray St Elmira, NY 14905

Estimated Value: $67,000 - $104,000

4 Beds
2 Baths
1,586 Sq Ft
$57/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $68,000 $43 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $582/month

51 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Cooling System Mounted In Outer Wall Opening
  • Wood Flooring
  • Porch
  • Open Patio

About This Home

As of April 2022

Check out this multi-family home that's right by the local businesses on Hoffman St! This property offers an apartment upstairs that is newly rented out and an apartment downstairs that will be vacant upon purchase! This multi-family home offers separate utilities except for water and brings in a good income! Great investment opportunity if you're looking to start or build to your portfolio!

Last Agent to Sell the Property

Macie Drake

Listing by Howard Hanna Elmira License #10401350147 Listed on: 01/10/2022

Howard Hanna Elmira

Last Buyer's Agent

Stephen (Steve) Hudock

Listing by Signature Properties License #10401287427

Signature Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1885

Lot Details

  • 6,055 Sq Ft Lot
  • Lot Dimensions are 134x45

Home Design

  • 1,586 Sq Ft Home
  • Poured Concrete
  • Cedar

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 99.05-2-44

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,924

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1885
  • Water Body Name: None
  • Subdivision Name: NONE
  • Directions: Church St to W Gray
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Interior Features: Bedroom on Main Level
  • Year Built Details: Existing
  • Master Plan Zoning: Res
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.139
  • Waterfront: No
  • Construction Type: Cedar
  • Exterior Features: Deck
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Parking Features: Off Street, Parking Available, On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Elmira

Lot Info

  • Parcel Number: 99.05-2-44
  • Lot Dimensions: 134X45
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 2924.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2024
Sold by
Ramrico Inc
Bought by
708 W Gray Street Llc
Current Estimated Value
$90,194

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 31, 2022
Sold by
Martin James W and Martin Tammy R
Bought by
Ramrico Inc
Seller's Agent
Macie Drake
Howard Hanna Elmira
Buyer's Agent
Stephen (Steve) Hudock
Signature Properties
List Price
$80,000
Sold Price
$68,000
Premium/Discount to List
-$12,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
Jun 29, 2016
Sold by
Martin James W
Bought by
Martin James W

Purchase Details

Closed on
Nov 3, 1997
Sold by
Estate - Blankenship Ruth
Bought by
Martin James W
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
708 W Gray Street Llc -- None Available
Ramrico Inc $68,000 None Available
Ramrico Inc $68,000 None Available
Martin James W -- --
Martin James W -- --
Martin James W $24,000 --
Martin James W $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin James W $1,400
Previous Owner Martin James W $21,100
Previous Owner Martin James W $9,696
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $68,000 -15.0% $43 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $80,000 -- $50 / 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 $2,982 $46,000 $7,300 $38,700
2023 $2,975 $46,000 $7,300 $38,700
2022 $1,629 $46,000 $7,300 $38,700
2021 $1,002 $46,000 $7,300 $38,700
2020 $1,072 $46,000 $7,300 $38,700
2019 $3,023 $46,000 $7,300 $38,700
2018 $3,023 $46,000 $7,300 $38,700
2017 $1,031 $46,000 $7,300 $38,700
2016 $1,023 $46,000 $7,300 $38,700
2015 -- $46,000 $7,300 $38,700
2014 -- $46,000 $7,300 $38,700
Source: Public Records

Agents Affiliated with this Home

  • Macie Drake

    Seller's Agent in 2022

    Macie Drake

    Howard Hanna Elmira

    (607) 426-8540

    17 in this area

    35 Total Sales

    Macie Drake
    Section Image

  • S

    Buyer's Agent in 2022

    Stephen (Steve) Hudock

    Signature Properties

    (607) 731-6534

    39 in this area

    75 Total Sales

    Stephen (Steve) Hudock
    Section Image
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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC264695

APN: 070400-099-005-0002-044-000-0000

New York Chemung County Elmira 14905

708 W Gray St, Elmira, NY

This home is located at 708 W Gray St, Elmira, NY 14905 since 10 January 2022 and is currently estimated at $90,194, approximately $56 per square foot. This property was built in 1885. 708 W Gray St is a home located in Chemung County with nearby schools including Diven Elementary School, Hendy Avenue School, and Broadway Academy.

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