NOT LISTED FOR SALE

1 Scammell St Cortland, NY 13045

Estimated Value: $158,000 - $186,408

5 Beds
2 Baths
2,116 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $154,000 $73 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,248/month

5 Days on Market

Highlights

  • Ceiling Fan
  • Rectangular Lot
  • Wall to Wall Carpet
  • Baseboard Heating
  • Partially Fenced Property
  • 3-minute walk to Beaudry Park

About This Home

As of November 2023

This well maintained two-family home, located next to Suggett Park, is the perfect addition to your portfolio. With split utilities, strong rental income from recently signed year-long leases, and separate utilities, it promises low-maintenance management. A new roof on the house and the garage, a spacious two-car detached garage, and on-site laundry add to its appeal. Both units feature charming front porches. The three-bedroom upstairs apartment and two-bedroom downstairs unit offer versatile living options, ensuring it will be easy to find and retain tenants. Don't miss this opportunity for a turnkey investment in a great location. Act fast, as this property won't stay on the market for long! Owner is a NYS Licensed Realtor Broker. All offer must be submitted by 8:00 PM on Sunday, September 10th.

Last Agent to Sell the Property

Jamie Yaman

Listing by Yaman Real Estate License #10491206200 Listed on: 09/04/2023

Last Buyer's Agent

Pamela Williams

Listing by Yaman Real Estate License #10401314208

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,950

Year Built

  • Built in 1930

Lot Details

  • 5,720 Sq Ft Lot
  • Lot Dimensions are 143 x 40
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,116 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes garage, grounds maintenance, snow removal, water
  • Tax Lot 18
  • Assessor Parcel Number 110200-096-026-0003-018-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,950

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 91900
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 143
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 18
  • Lot Shape: Rectangular
  • Nearest Cross Street: S Main Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1172886.52
  • Ratio Close Price By Sq Ft: 72.78
  • Ratio List Price By Acres: 1172886.52
  • Ratio List Price By Sq Ft: 72.78
  • Regional Board Code: Syracuse
  • Rent Includes: Garage, Grounds Maintenance, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 1900
  • Sub Board Code: Cortland
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5720
  • Age of Building: 93
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 2116
  • Directions To Property: First house on the left when turning off of S Main Street.
  • Sq Ft Total Pub: 2116
  • Attribution Contact: 607.753.9644
  • EnergyEquipment: Other, None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Laundry-Common
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Total Sq Ft: 2116

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.1313

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Cortland

Lot Info

  • Parcel Number: 110200-096-026-0003-018-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4950

MLS Schools

  • School District Name: Cortland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Nov 13, 2023
Sold by
Yaman James D
Bought by
Perrine David Lyman and Lynch Sean Michael
Seller's Agent
Jamie Yaman
Yaman Real Estate
Buyer's Agent
Pamela Williams
Yaman Real Estate
List Price
$154,000
Sold Price
$154,000
Views
27
Current Estimated Value
$170,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,352
Avg. Annual Appreciation
5.83%
Original Mortgage
$138,600
Outstanding Balance
$136,412
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$33,940
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
Perrine David Lyman $154,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrine David Lyman $138,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $154,000 0.0% $73 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
09/04/2023 09/04/23 For Sale $154,000 0.0% $73 / Sq Ft
09/19/2022 09/19/22 Rented $1,100 0.0% --
09/06/2022 09/06/22 For Rent $1,100 -- --
Source: Cortland County Board 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 $3,852 $155,000 $11,900 $143,100
2023 $5,177 $91,900 $9,200 $82,700
2022 $4,993 $91,900 $9,200 $82,700
2021 $5,038 $91,900 $9,200 $82,700
2020 $4,831 $91,900 $9,200 $82,700
2019 $3,058 $91,900 $9,200 $82,700
2018 $4,311 $91,900 $9,200 $82,700
2017 $4,417 $91,900 $9,200 $82,700
2016 $4,711 $91,900 $9,200 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1495479

Cortland County Board of REALTORS®

APN: 110200-096-026-0003-018-000-0000