See Home Value
Elmira 14905
407 W Water Street
$70,000 - $80,000
House - Off Market

407 W Water Street

Elmira, NY 14905
bedrooms
Studio
bathrooms
0 Bath
Sold Jul 06, 2021
$150,000
Sold Sep 30, 2005
$98,000

About This Property

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. This amazing historic home is truly a diamond in the rough!
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964

Price History

Date / Event Date Event Price
Apr 23, 2024 No longer available -
No longer available
Feb 3, 2024 Relisted $75,000
Relisted
Jan 27, 2024 In contract -
In contract
Dec 5, 2023 Price Decreased $75,000
↓ $24K (24.2%)
Price Decreased
Oct 18, 2023 Price Decreased $99,000
↓ $71K (41.7%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Business/Commerical Units Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,818
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 13,002
  • Lot Size Depth Feet: 1,375
  • Lot Size Frontage Feet: 946
  • Total Building Area: 3,449
  • Gross Building Area: 3,449
  • Building Area: 3,449
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,267
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.298
  • Standard Land Use Code: Commercial/office/residential (mixed use)

Ownership

  • Current Owner : THEO WANNE HOLDINGS LLC
  • Previous Owner : WEBSTER KATHLEEN A
  • Owner Before Previous Owner: BISHOP JOHN H MARCIA ROE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Elmira City School District
  • School Tax School District: ELMIRA
  • Census Tract: 000600

Zoning

  • Zoning: NMU

Geography

  • Account Number: 010E0561
  • District: 070400
  • Section: 99.06
  • Parcel: 070400 99.06-4-14
  • Block: 4
  • Lot: 14.000
  • Municipality: ELMIRA
  • Latitude: 42.0859
  • Longitude: -76.8135

    Address

  • Full Address: 407 W Water St
  • Address - House Number: 407
  • Street Direction: W
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: NY
  • City Name: Elmira
  • Carrier Code: C024
  • 4-Digit Zip Code: 2562
  • Zip Code: 14905

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,600
  • Tax Rate Code Area: 70400

    Market Valuation

  • Market Total Value: $125,800
  • Market Land Value: $34,860
  • Market Improvement Value: $90,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,000
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $60,000

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Jul 06, 2021
  • Current Sale Transaction ID: 11844112885
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202109129
  • Previous Sale Recording Date: Sep 30, 2005
  • Previous Sale Contract Date: Sep 28, 2005
  • Previous Sale Amount: $98,000
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$75,000 Sep 10, 2023
$75,000 Dec 13, 2023
$350/mo
House
3 Beds
2 Baths
-
$76,000 Nov 2, 2022
$76,000 Jun 2, 2023
$248/mo
House
4 Beds
3 Baths
-
$98,500 Mar 22, 2021
$98,500 Sep 15, 2021
$343/mo
House
4 Beds
2 Baths
-
$65,000 Feb 5, 2020
$65,000 Apr 16, 2020
$294/mo
House
4 Beds
2 Baths
-
$50,000 Sep 1, 2022
$50,000 Dec 6, 2023
$229/mo
Multifamily
6 Beds
3 Baths
-
$68,000 Jun 26, 2023
$68,000 Nov 24, 2023
$336/mo
Multifamily
Stu
-
5,532 ft²
$11/ft²
$60,000 Oct 8, 2022
-
-
Commercial
Loft
-
5,820 ft²
$14/ft²
$79,000 Nov 7, 2023
-
-
House
5 Beds
2 Baths
-
$69,900 Dec 11, 2023
-
$459/mo
House
5 Beds
2 Baths
2,914 ft²
$24/ft²
$69,999 Dec 15, 2023
-
-
House
3 Beds
1 Bath
1,867 ft²
$37/ft²
$68,500 Oct 11, 2023
-
-
House
3 Beds
1.5 Baths
1,538 ft²
$44/ft²
$67,900 Aug 11, 2023
-
-

About Elmira


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Frequently Asked Questions

When was property at 407 West Water Street built and last sold?
The property at 407 West Water Street was built in 1964 and last sold on Jun 29, 2021 for $150,000.
How much is this home worth?
The estimated value of the home located at 407 West Water Street is $75,750.
What are some comparable homes to 407 West Water Street?
Homes that are comparable to 407 West Water Street include a multifamily property at 507 College Avenue, a house property at 356 West 1st Street, 54 Fulton Street.

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