NOT LISTED FOR SALE

721 W Water St Elmira, NY 14905

Estimated Value: $62,000 - $94,000

6 Beds
2 Baths
2,290 Sq Ft
$34/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $54,000 $24 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $504/month

170 Days on Market

Highlights

  • Porch
  • Open Patio
  • Heating System Uses Gas

About This Home

As of August 2018

Allow one unit to pay for your mortgage and taxes and the other unit be a stream of income. This is a PHENOMENAL two family investment property, with a large back yard and just a couple minutes walk to the Chemung River! The owner has made renovations including the kitchen, floors throughout, appliances, bathroom & fresh paint throughout. This property is a MUST SEE!

Last Agent to Sell the Property

Thomas Easton

Listing by Howard Hanna Horseheads License #10401297884 Listed on: 02/05/2018

Last Buyer's Agent

RC Ike

Listing by RE/MAX Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,765

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 150x60

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,290 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Oven
  • Free-Standing Range

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 99.05-4-21

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,765

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1890
  • Water Body Name: None
  • Subdivision Name: NONE
  • Directions: Head east on West Water St., home is on your right.
  • Architectural Style: Two Story
  • Flooring: Laminate, Varies
  • Year Built Details: Existing
  • Master Plan Zoning: 220
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Range, Gas Water Heater, Oven, Refrigerator

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Parking Features: Off Street, Parking Available

Utilities

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

Schools

  • Junior High Dist: Elmira

Lot Info

  • Parcel Number: 99.05-4-21
  • Lot Dimensions: 150X60
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 2765.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Aug 27, 2018
Sold by
Zheng Shao P
Bought by
Hyderi Llc
Seller's Agent
Thomas Easton
Howard Hanna Horseheads
Buyer's Agent
RC Ike
RE/MAX Advantage
List Price
$69,900
Sold Price
$54,000
Premium/Discount to List
-$15,900
-22.75%
Current Estimated Value
$78,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,313
Avg. Annual Appreciation
6.32%

Purchase Details

Listed on
Feb 5, 2018
Closed on
Aug 3, 2018
Sold by
Zheng Shao P
Bought by
Hyderi Llc and Graceland Ny Llc
Seller's Agent
Thomas Easton
Howard Hanna Horseheads
Buyer's Agent
RC Ike
RE/MAX Advantage
List Price
$69,900
Sold Price
$54,000
Premium/Discount to List
-$15,900
-22.75%

Purchase Details

Closed on
Apr 19, 2016
Sold by
Chemung County Treasurer'
Bought by
Zheng Shao

Purchase Details

Closed on
Sep 21, 2007
Sold by
Sixpence Apt
Bought by
Greene Orin Adline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,150
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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
Hyderi Llc $53,000 --
Hyderi Llc $53,000 --
Zheng Shao $10,000 --
Greene Orin Adline $52,400 William Ogiluie
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greene Orin Adline $47,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $54,000 -22.7% $24 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $69,900 -- $31 / 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 $3,544 $38,000 $9,500 $28,500
2023 $3,539 $38,000 $9,500 $28,500
2022 $1,346 $38,000 $9,500 $28,500
2021 $1,326 $38,000 $9,500 $28,500
2020 $1,505 $38,000 $9,500 $28,500
2019 $3,127 $38,000 $9,500 $28,500
2018 $3,127 $38,000 $9,500 $28,500
2017 $1,345 $38,000 $9,500 $28,500
2016 $1,336 $38,000 $9,500 $28,500
2015 -- $38,000 $9,500 $28,500
2014 -- $38,000 $9,500 $28,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC250342

APN: 070400-099-005-0004-021-000-0000