$72,000
SOLD JUL 24, 2019

1162 Lake Como Rd Cortland, NY 13045

2 Beds
1 Bath
864 Sq Ft
4,565 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

10% Below List Price

30 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Wood Flooring
  • Country Kitchen
  • Deck
  • Cottage
  • Shed

About This Home

As of November 2023

Welcome to this adorable waterfront cottage on peaceful Lake Como! This gem of a summer get-away has enough space for the family, along with all the benefits of lakeside activities! Fish, swim, boat, and simply enjoy the tranquility of the water. Enjoy the new dock just put in in 2017! The first floor features an open living area with with a fantastic view of the lake, a spacious kitchen and a full bath. The second floor offers two good-sized bedrooms. Don't miss this affordable opportunity to own your slice of paradise!

Last Agent to Sell the Property

Karina Murphy

Listing by Yaman Real Estate License #10401284781 Listed on: 05/20/2019

Last Buyer's Agent

Mary Weber

Listing by SVR Realty LLC License #10301206617

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1960

Lot Details

  • 4,565 Sq Ft Lot
  • Lot Dimensions are 110 x 41
  • 40 Feet of Waterfront
  • Lake Front
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Cottage
  • Bungalow
  • Pier And Beam

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Country Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Schools

  • Homer Elementary School
  • Homer Junior High
  • Homer Senior High School

Utilities

  • Wall Furnace
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 055800-233-008-0002-016-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,622

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Summerhill-055800
  • Total Assessed Value: 70000
  • Foundation Description: Pier and Beam
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 41
  • Lot Information: Beach/Water Access - See Remarks, Rural Road, Water View
  • Lot Number: 16
  • Lot Shape: Rectangular
  • Nearest Cross Street: Peaceful Drive
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 720000.00
  • Ratio Close Price By Sq Ft: 83.33
  • Ratio List Price By Acres: 799000.00
  • Ratio List Price By Sq Ft: 92.48
  • Regional Board Code: Syracuse
  • School Tax: 1491
  • Styles of Residence: Bungalow, Cottage
  • Sub Board Code: Cortland
  • Type of Sale: Estate
  • Year Built Description: Existing
  • Lot Sq Ft: 4565
  • Age of Building: 62
  • Year Built: 1960
  • Directions To Property: From Homer: Take Rt 90N, rt on Creech rd, rt on Lake Como Rd. Cottage on the rt on the Lake - look for Yaman sign.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Family Room
  • Attic Description: Crawl Space
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Country Kitchen, Living/Dining Combo
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 864

Exterior Features

  • Construction: Wood
  • Waterfront Name: Lake Como
  • Additional Exterior Features: Deck, Dock- see Remarks
  • Number of Acres: 0.1000
  • Waterfront Description: Lake
  • Waterfront Frontage: 40

Garage/Parking

  • Driveway Description: Parking Area
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Electric, Propane
  • Hvac Type: Wall Furnace
  • Number of Beds Approved for Septic: 2
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Homer
  • Elementary School: Homer Elementary
  • Middle School: Homer Junior High
  • High School: Homer Senior High

Lot Info

  • Parcel Number: 055800-233-008-0002-016-000-0000

Tax Info

  • Total Taxes: 2622

MLS Schools

  • Elementary School Name: Homer Elementary
  • High School Name: Homer Senior High
  • Middle School Name: Homer Junior High
  • School District Name: Homer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Oct 12, 2023
Sold by
Room Services I Llc
Bought by
Lim-Hanna Kylan J
Seller's Agent
Christina Wilkinson
L Wilson Realty
Buyer's Agent
Lynette Wilson
L Wilson Realty
List Price
$269,900
Sold Price
$215,000
Premium/Discount to List
-$54,900
-20.34%
Total Days on Market
30
Views
1086
Current Estimated Value
$256,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,151
Avg. Annual Appreciation
12.04%
Original Mortgage
$198,750
Outstanding Balance
$195,777
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$60,374
Source: Public Records

Similar Home in Cortland, NY

  • 48 Pine St, Cortland, NY 13045

    $69,000

    • 3 Beds
    • 2 Baths
    • 1,716 Sq Ft
    • 48 Pine St
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    City utilities included! This property offers city gas, water, and sewage. Imagine the possibilities with a yard ready for landscaping. Inside, note the kitchen and bathroom show past water exposure. The original carpet was removed, and subflooring near a former steampipe shows swelling. Needs TLC to shine!

    Derek Greene The Greene Realty Group

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $265,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,750 New Conventional
Previous Owner $121,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $215,000 -20.3% $189 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $269,900 +274.9% $237 / Sq Ft
07/24/2019 07/24/19 Sold $72,000 -9.9% $83 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $79,900 -- $92 / Sq Ft
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 $1,805 $206,200 $38,000 $168,200
2023 $1,805 $129,700 $38,100 $91,600
2022 $1,805 $72,900 $18,400 $54,500
2021 $2,938 $70,000 $18,400 $51,600
2020 $2,938 $70,000 $18,400 $51,600
2019 $2,938 $70,000 $18,400 $51,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1194604

Cortland County Board of REALTORS®

APN: 055800-233-008-0002-016-000-0000