NOT LISTED FOR SALE
-- Bed
-- Bath
4,472 Sq Ft
1.8 Acres

Last Sold August 02, 2016

Last sale price $555,000 $124 Per Sq Ft

20 Days on Market

Highlights

  • 1.8 Acre Lot
  • Property is near public transit
  • Baseboard Heating
  • DeWitt Middle School Rated A-
  • 4 Fireplaces
  • 1-Story Property

About This Home

As of August 2016

Great opportunity! 5 Unit investment property, four-plex with a separate bungalow. Plan submitted to town of Dryden for 2 additional side by side duplexes for a total of 24 bedrooms. Minutes from Cornell and the bus line. Many recent upgrades. See attached docs for specifics. There are 14 Bedrooms and 5 Baths TOTAL.

Last Agent to Sell the Property

Reciprocal Reciprocal

Listing by RECIPROCAL CORTLAND Listed on: 04/26/2016

Last Buyer's Agent

Jolene Rightmyer-Macolini

Listing by Berkshire Hathaway HomeServices Heritage Realty License #30RI0970594

Berkshire Hathaway HomeServices Heritage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,554

Year Built

  • Built in 1938

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 507x218

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 4,472 Sq Ft Home
  • 1-Story Property
  • 4 Fireplaces
  • Laminate Flooring

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 502489-055-000-0001-017-002-0000

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Gas Meters
  • Operating Expense $16,870
  • Gross Income $79,344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,554

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Other, See Remarks
  • Year Built: 1938
  • Lot Features: Near Public Transit
  • Directions: From Cornell Vet School, head North 1.8 miles on Dryden Road, property will be on the right.
  • Flooring: Laminate, Other, See Remarks, Varies
  • Garage Yn: No
  • Unit Levels: One
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater, See Remarks
  • Fireplaces: 4
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 1.8
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: See Remarks
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Three or more Spaces, No Garage

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Ithaca

Lot Info

  • Parcel Number: 502489-055-000-0001-017-002-0000
  • Lot Dimensions: 507X218
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 79344.0
  • Annual Operating Expense: 16870.0
  • Number Of Separate Gas Meters: 5

Tax Info

  • Tax Annual Amount: 12554.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2016 08/02/16 Sold $555,000 -7.3% $124 / Sq Ft
04/26/2016 04/26/16 For Sale $599,000 +40.9% $134 / Sq Ft
03/07/2014 03/07/14 Sold $425,000 0.0% $95 / Sq Ft View Prior Sale
02/05/2014 02/05/14 Pending -- -- --
01/01/1800 01/01/00 For Sale $425,000 -- $95 / Sq Ft
Source: Cortland County Board of REALTORS®

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 $14,910 $590,000 $31,000 $559,000
2023 $16,378 $590,000 $31,000 $559,000
2022 $16,494 $590,000 $31,000 $559,000
2021 $16,326 $580,000 $31,000 $549,000
2020 $16,222 $580,000 $31,000 $549,000
2019 $6,601 $580,000 $31,000 $549,000
2018 $16,768 $580,000 $31,000 $549,000
2017 $16,104 $550,000 $50,000 $500,000
2016 $12,711 $425,000 $50,000 $375,000
2015 -- $425,000 $50,000 $375,000
2014 -- $273,000 $50,000 $223,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S352479

Cortland County Board of REALTORS®