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1227 Lake St

Elmira, NY 14901

3 bd 2 ba 1,664 sqft Built 1925 Lot 4,630 sqft single_family
Most recent sale
$40,000
Feb 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2025 Sold $49,000 NYStateAlliance
Feb 16, 2022 Sold $40,000 Public Record
Jan 28, 2022 Sold $40,000 MLS #404252
Nov 17, 2021 Listed $47,900 MLS #404252
Aug 6, 2021 Price changed $47,900 MLS #31711119
May 19, 2021 Price changed $49,900 MLS #31711119
Apr 27, 2021 Listed $57,000 MLS #31711119
Dec 11, 2014 Listing removed $47,500 ElmiraCorning
Dec 9, 2014 Listed $47,500 MLS #238673
Aug 29, 2007 Sold $46,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $37,300 $3,700 $41,000 $2,717
2024 $37,300 $3,700 $41,000 $2,978
2023 $37,300 $3,700 $41,000 $2,921
2022 $37,300 $3,700 $41,000 $1,451
2021 $37,300 $3,700 $41,000 $1,471
2020 $37,300 $3,700 $41,000 $1,491
2019 $37,300 $3,700 $41,000 $1,484
2018 $37,300 $3,700 $41,000 $2,951
2017 $37,300 $3,700 $41,000 $1,451
2016 $37,300 $3,700 $41,000 $1,441
2015 $37,300 $3,700 $41,000 $1,437
2014 $37,300 $3,700 $41,000 $1,424
2013 $37,300 $3,700 $41,000 $1,345
2012 $37,300 $3,700 $41,000 $514

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,664 sqft
Lot size
4,630 sqft
ZIP code
14901
City
Elmira
Street
Lake St
Coordinates
42.10933, -76.80645

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1227 Lake St last sell?
1227 Lake St most recently sold on Feb 16, 2022 for $40,000.
What is the current tax assessment for 1227 Lake St?
The most recent total assessment for 1227 Lake St (year 2025) is $41,000 with $2,717 in property tax.
How does 1227 Lake St's assessment compare to its last sale price?
The current assessment is 2.5% above the last sale price of $40,000.
When was 1227 Lake St built?
1227 Lake St was built in 1925.
How does 1227 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 1227 Lake St?
1227 Lake St is a 3 bed, 2 bath, 1,664 sqft, 4,630 sqft lot single_family.
Is 1227 Lake St a flip candidate?
No — 1227 Lake St does not appear in our flips dataset.
Is 1227 Lake St a tax-appeal candidate?
No — 1227 Lake St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.1%
Implied 1-yr
+16.5%
2026 Q2
$124.8K
2026 Q3
$128.9K
ZIP 14901 — Median Price History + Forecast

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