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407 W Water St, Elmira, NY, 14905

$50,000

Home List Price

$594*

Closing Credit

0 Baths
House

Location

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407 W Water St, Elmira$50,000

Buyer Closing Credits

$594*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
MLS #274423
Lot Size0.30 Acres
StatusAccepting Backup Offers
(Contingent - Continue to Show)

About 407 W Water St

See the inside video tour! The seller has completely gutted this river front home w/amazing river views, to make it into a fabulous multi-unit w/a public cafe & meditation space, he has since moved & wants to sell it "as is". It's dual zoned for both Residential & Business. Johnson-Schmidt & Associates drew up the architectural drawings & the City of Elmira has approved. The drawings include large windows facing the river to maximize the spectacular view. Most framing for the improved layout has been done, so it is ready be built up. OR it's a blank slate for you to make it your own! This amazing historic home is truly a diamond in the rough!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian

Listing Office:

  • Office Name: Signature Properties
  • Listing Agent: Donna M. Little

Virtual/3D Tour

  • Virtual Tour: 407 W Water St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000

Tax Information:

  • Annual Amount: $3,023
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elmira, NY.

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Elmira, NY

City

Med. List Price

$120K

Med. Price/SqFt

$79

Avg. Days On Market

74

# of Sold Homes

2

407 W Water St vs Elmira

181 DAYS ON ROCKET

+107 Days

$50,000

-$70K Less

KEY TAKEAWAY

This property is $70K less than the Median List Price in Elmira, NY.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #274423

Listing Office:

  • Office Name: Signature Properties
  • Listing Agent: Donna M. Little

IDX IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.

2024 © Elmira-Corning Regional Association of Realtors® Multiple Listing Service
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/21/2024, 9:16:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 06, 2021Home Sold
$150,000
Sep 30, 2005Home Sold
$98,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,023$83,000
2019$1,979$83,000
2018$1,979$83,000
2017$2,938$83,000

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-241104
1
/10

  • Parley Coburn School

  • 216 Mount Zoar St

  • 0.61 miles

  • Public District Grades 3-6

school-card-donut-241105
5
/10

  • Finn Academy: an Elmira Charter School

  • 610 Lake St

  • 0.87 miles

  • Public Charter Grades KG-6

school-card-donut-241106
2
/10

  • Thomas K Beecher School

  • 310 Sullivan St

  • 1.19 miles

  • Public District Grades 3-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,000. The most common annual income of people living in Elmira, NY is less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Elmira, NY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Elmira, NY.

Elmira's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with historic Victorian homes alongside more contemporary designs. The housing stock largely reflects a range of construction periods, with many homes dating back to the early 20th century, adding to the city's historic charm. The homeownership rate in Elmira is substantial, with a majority of residents owning their homes, while a proportionate number of residents opt for renting, providing a balanced housing ecosystem.

What is it like to live in Elmira, NY?

Elmira is celebrated for its rich historical significance and a strong sense of community. The city prides itself on its cultural events, including the annual Elmira Street Painting Festival, which showcases local artists and fosters community engagement. The area's character is further defined by its numerous parks and recreational areas, which serve as gathering spaces for residents and contribute to the city's welcoming atmosphere.

Is it easy to get around Elmira, NY without a car?

The community is served by a network of public schools, including elementary, middle, and high schools, as well as a selection of private educational institutions, ensuring a range of options for families. Healthcare services are available through local clinics and a regional medical center, providing residents with access to essential medical care. Elmira's public library system supports lifelong learning and community activities. Retail and dining establishments reflect the local culture, offering both familiar and unique culinary experiences.

Transportation in Elmira, NY.

Transportation in Elmira includes a variety of options for residents. The city's public transit system facilitates movement around the area, with schedules designed to accommodate the needs of commuters and local travelers. While specific ride-sharing services are operational, the city also supports walkability in its downtown area, encouraging pedestrian activity. Elmira's road network connects to major highways, aiding in efficient travel to neighboring cities and regions. Ongoing improvements aim to enhance the overall accessibility and convenience of the city's transportation infrastructure.

Frequently Asked Questions About 407 W Water St

What is the listing price of this property?

The listing price of 407 W Water St property is $50,000.

What type of property is this?

The property 407 W Water St is a house located in Elmira, New York, 14905.

Is this property for sale now?

Accepting Backup Offers: 407 W Water St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,023 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 6, 2021 for $150,000. (source: MLS/tax record).

What is the square footage of this property?

The sq. ft. of 407 W Water St is not available (source: MLS/tax record).

Rocket Homes›New York›Chemung County›Elmira›14905›407 W Water St

This home is located at 407 W Water St in Elmira, NY and zip code 14905. This home sits on a 0.30 acre lot. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $50,000.

The inventory of homes for sale in Elmira, NY between September 2024 and October 2024 increased by 35.1%. The median list price of listings available in October 2024 was $120,000, while the average time on the real estate market was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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