NOT LISTED FOR SALE

12 Homer Ave Cortland, NY 13045

Estimated Value: $147,000 - $174,000

4 Beds
2 Baths
1,696 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $140,000 $83 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,019/month

110 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Wood Siding
  • Forced Air Heating System
  • 2 Car Garage
  • 1-Story Property

About This Home

As of October 2024

Looking for an income property or even a house you can live in while renter helps to pay some of your mortgage and/or utilities??....then here you go!! Nestled in the west end of Cortland is this nice 2-unit home with front porch, hardwood floors, character and charm, and a garage. The location is FANTASTIC being within walking distance to SUNY and Downtown. You or your tenants will enjoy the short walk to classes or sports on SUNY campus or downtown to enjoy dinner, drinks, a show at Cortland Repertory Theatre, coffee, lots of local music few nights a week, parades, festival, and so much more.

Last Agent to Sell the Property

Timothy Alger

Listing by Yaman Real Estate License #30AL0927181 Listed on: 04/19/2024

Last Buyer's Agent

Timothy Alger

Listing by Yaman Real Estate License #30AL0927181 Listed on: 04/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,412

Year Built

  • Built in 1890

Lot Details

  • 6,385 Sq Ft Lot
  • Lot Dimensions are 57x111

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Partial Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Cortland Junior-Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes electricity, gardener, heat, snow removal, water
  • Tax Lot 23
  • Assessor Parcel Number 110200-086-049-0004-023-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,412

Year Built

Built in 1890

Lot Details

6,385 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Electricity, Gardener, Heat, Snow Removal, Water
  • Year Built: 1890
  • Road Frontage Type: Main Thoroughfare
  • Directions: Homer Ave at Lincoln Ave
  • Architectural Style: Duplex
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s)
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Acres: 0.1466
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Cortland
  • Ninth Grade High School: Cortland Junior-Senior High

Lot Info

  • Parcel Number: 110200-086-049-0004-023-000-0000
  • Lot Dimensions: 57X111
  • Lot Size Sq Ft: 6385.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 4412.0
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Oct 16, 2024
Sold by
5Sawan Llc
Bought by
4 Bed Properties Llc
Seller's Agent
Timothy Alger
Yaman Real Estate
Buyer's Agent
Timothy Alger
Yaman Real Estate
List Price
$169,000
Sold Price
$140,000
Premium/Discount to List
-$29,000
-17.16%
Views
272
Current Estimated Value
$160,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,550
Avg. Annual Appreciation
9.98%
Original Mortgage
$145,000
Outstanding Balance
$143,476
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$17,074
Source: Public Records
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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
4 Bed Properties Llc $140,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4 Bed Properties Llc $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2024 10/17/24 Sold $140,000 -16.9% $83 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/22/2024 07/22/24 Price Changed $168,500 -0.3% $99 / Sq Ft
07/22/2024 07/22/24 For Sale $169,000 +20.7% $100 / Sq Ft
07/12/2024 07/12/24 Off Market $140,000 -- --
06/12/2024 06/12/24 Price Changed $169,000 -5.6% $100 / Sq Ft
05/20/2024 05/20/24 Price Changed $179,000 -5.3% $106 / Sq Ft
04/19/2024 04/19/24 For Sale $189,000 +136.3% $111 / Sq Ft
03/17/2016 03/17/16 Sold $80,000 -38.5% $47 / Sq Ft View Prior Sale
01/27/2016 01/27/16 Pending -- -- --
07/20/2015 07/20/15 For Sale $130,000 -- $77 / 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 $5,140 $140,000 $13,900 $126,100
2023 $4,379 $79,400 $9,800 $69,600
2022 $4,332 $79,400 $9,800 $69,600
2021 $4,370 $79,400 $9,800 $69,600
2020 $2,724 $79,400 $9,800 $69,600
2019 $2,687 $79,400 $9,800 $69,600
2018 $3,917 $79,400 $9,800 $69,600
2017 $3,917 $79,400 $9,800 $69,600
2016 $3,917 $79,400 $9,800 $69,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1532874

Cortland County Board of REALTORS®

APN: 110200-086-049-0004-023-000-0000

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