NOT LISTED FOR SALE

99 Beartown Rd Painted Post, NY 14870

Estimated Value: $108,000 - $148,000

2 Beds
1 Bath
1,527 Sq Ft
$81/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $100,000 $65 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $933/month

42 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Porch
  • Corning-Painted Post High School Rated A-
  • Skylights
  • Open Patio

About This Home

As of March 2023

Unique investment opportunity available for the experienced investor or first time home buyer. There are two single family homes on one tax number. Live in one - rent the other or rent both for a nice income. Large flat yard and plenty of parking for all. Income + space + privacy makes the perfect equity builder. Each home does need some work and is priced accordingly - recommend cash, conventional, or commercial financing - not likely to pass FHA or VA without some work. Pre-qualified buyers welcome. Both properties are currently rented. 48 hours notice required to show.

Last Agent to Sell the Property

Jonathan Lerche

Listing by RE/MAX In Motion Listed on: 01/17/2023

Last Buyer's Agent

Michelle Locey

Listing by Locey Realty Group License #37LO0713668

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,078

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 186x90

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,527 Sq Ft Home
  • Ceiling Fan
  • Skylights

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Community Details

  • 2 Units
  • Gross Income $17,400

Listing and Financial Details

  • Assessor Parcel Number 316.07-02-016.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,078

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1950
  • Water Body Name: None
  • Subdivision Name: NONE
  • Directions: From Corning - Head south on Pine St toward Denison Pkwy E, Turn right onto NY-352 W/Denison Pkwy W, Turn left onto NY-417/S Hamilton St, Turn right onto Beartown Rd, Destination will be on the left. GPS Works Well.
  • Architectural Style: Ranch
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Interior Features: Ceiling Fan(s), Skylights, Bedroom on Main Level
  • Year Built Details: Existing
  • Master Plan Zoning: 220
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.384
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Open, Patio, Porch

Garage/Parking

  • Parking Features: Off Street, Parking Available

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Corning-Painted Post

Lot Info

  • Parcel Number: 316.07-02-016.000
  • Lot Dimensions: 186X90
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 17400.0

Tax Info

  • Tax Annual Amount: 3078.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Mar 30, 2023
Sold by
Dalessandro John J and Dalessandro Melissa K
Bought by
Strong Todd D and Strong Sara A
Seller's Agent
Jonathan Lerche
RE/MAX In Motion
Buyer's Agent
Michelle Locey
Locey Realty Group
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Current Estimated Value
$122,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,997
Avg. Annual Appreciation
9.65%
Original Mortgage
$80,000
Outstanding Balance
$77,747
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,533

Purchase Details

Closed on
Jan 25, 2001
Sold by
Pitts Robert
Bought by
Dalessandro John J

Purchase Details

Closed on
Aug 12, 1997

Purchase Details

Closed on
Oct 3, 1995
Source: Public Records

Range of Values:

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Average Value
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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
Strong Todd D $100,000 None Available
Dalessandro John J $55,000 Welch & Welch
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strong Todd D $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $100,000 -20.0% $65 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $125,000 -- $82 / 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 $3,151 $100,000 $23,500 $76,500
2023 $2,969 $83,000 $23,500 $59,500
2022 $2,855 $83,000 $23,500 $59,500
2021 $2,853 $83,000 $23,500 $59,500
2020 $2,027 $83,000 $23,500 $59,500
2019 $3,092 $83,000 $23,500 $59,500
2018 $3,092 $83,000 $23,500 $59,500
2017 $2,826 $78,000 $23,500 $54,500
2016 $3,047 $78,000 $23,500 $54,500
2015 -- $78,000 $23,500 $54,500
2014 -- $78,000 $23,500 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC268752

APN: 464289-316-007-0002-016-000