NOT LISTED FOR SALE

1238 Lake Como Rd Cortland, NY 13045

Estimated Value: $151,000 - $197,000

1 Bed
1 Bath
536 Sq Ft
$324/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2021

Last sale price $110,000 $205 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,248 / mo

40 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Deck
  • Balcony
  • Property is near a lake
  • Solid Surface Countertops
  • Enclosed Patio or Porch

About This Home

As of June 2021

Welcome to this cozy lake retreat. Located on Lake Como. This 1 bedroom, 1 bathroom has lots of potentials to BECOME a year-round home. Baseboard heat already installed. Living/Dining room combo with scenic views with Two large decks on either side of the house looking out onto the lake with 150' of your own lake frontage! *Does have shared driveway with a neighbor.
Also Listed as a Seasonal Camp MLS #S1317801

Last Agent to Sell the Property

Nicole McRae

Listing by Yaman Real Estate License #10301223738 Listed on: 02/03/2021

Last Buyer's Agent

Diane Brown

Listing by Auburn Sherlock Homes R.E. License #10371201715

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,303

Year Built

  • Built in 1940

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 77 x 149
  • 150 Feet of Waterfront
  • Irregular Lot

Home Design

  • Bungalow
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Electric Range
  • Solid Surface Countertops

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Property is near a lake
  • Balcony
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Baseboard Heating
  • The lake is a source of water for the property
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Town/Summerhill Community
  • Town/Summerhill Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 055800-233-008-0001-009-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,303

Year Built

Built in 1940

Lot Details

0.26 Acres

Listing Details

  • NY Swis Code: Summerhill-055800
  • Total Assessed Value: 84999
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 77
  • Lot Dimension Front: 149
  • Lot Information: Agricultural District, Beach/Water Access - See Remarks, Water View
  • Lot Number: 9
  • Lot Shape: Irregular
  • Nearest Cross Street: Branch Rd.
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 423076.92
  • Ratio Close Price By Sq Ft: 205.22
  • Ratio List Price By Acres: 461153.85
  • Ratio List Price By Sq Ft: 223.69
  • Regional Board Code: Syracuse
  • Roof Description: Shingles
  • School Tax: 1885
  • Styles of Residence: Bungalow, Seasonal
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Route 41 to Lake Como Road
  • Subdivision Comm Complex: Town/Summerhill
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: Master Bedroom Bath, Porch - Enclosed
  • Basement Description: Crawl Space, Partial
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric
  • Kitchen Dining Description: Living/Dining Combo, Solid Surface Counter
  • Number of Bedrooms 1st Floor: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 2
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Total Sq Ft: 536

Exterior Features

  • Construction: Vinyl
  • Waterfront Name: Lake Como
  • Additional Exterior Features: Balcony, Deck, High Speed Internet
  • Number of Acres: 0.2600
  • Waterfront Description: Lake
  • Waterfront Frontage: 150

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 055800-233-008-0001-009-000-0000

Tax Info

  • Total Taxes: 3303

MLS Schools

  • School District Name: Homer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Jun 7, 2021
Sold by
Mccracken Brian E and Mccracken Amy E
Bought by
Hulik Scott A and Hulik Nicole L
Seller's Agent
Nicole McRae
Yaman Real Estate
Buyer's Agent
Diane Brown
Auburn Sherlock Homes R.E.
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Current Estimated Value
$173,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,821
Avg. Annual Appreciation
9.87%
Original Mortgage
$85,000
Outstanding Balance
$75,944
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$97,877

Purchase Details

Listed on
Feb 3, 2021
Closed on
Jun 4, 2021
Sold by
Mccracken Brian E and Mccracken Amy E
Bought by
Hulik Scott Alan and Hulik Nicole Lynch
Seller's Agent
Nicole McRae
Yaman Real Estate
Buyer's Agent
Diane Brown
Auburn Sherlock Homes R.E.
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$75,944
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$97,877

Purchase Details

Closed on
May 16, 2017
Sold by
Montesano Jeffery S and Montesano Maria E
Bought by
Mccracken Brian E and Mccracken Amy E

Purchase Details

Closed on
Aug 25, 2005
Sold by
Personius Richard
Bought by
Montesano Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hulik Scott A $110,000 None Available
Hulik Scott Alan -- Stewart Title
Hulik Scott Alan -- Stewart Title
Mccracken Brian E $90,000 None Available
Montesano Jeffrey -- Donald Armstrong
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hulik Scott A $85,000
Closed Hulik Scott Alan $85,000
Previous Owner Montesano Jeffrey $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $110,000 -8.3% $205 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $119,900 0.0% $224 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $119,900 -- $224 / 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
2025 $3,834 $148,100 $95,400 $52,700
2024 $3,834 $148,100 $95,400 $52,700
2023 $3,704 $148,100 $95,400 $52,700
2022 $1,475 $84,999 $34,000 $50,999
2021 $3,409 $84,999 $34,000 $50,999
2020 $5,579 $84,999 $34,000 $50,999
2019 $3,568 $84,999 $34,000 $50,999
2018 $5,180 $84,999 $34,000 $50,999
2017 $3,316 $84,999 $34,000 $50,999
2016 $3,116 $84,999 $34,000 $50,999
Source: Public Records

Agents Affiliated with this Home

  • Nicole McRae

    Seller's Agent in 2021

    Nicole McRae

    Yaman Real Estate

    (607) 753-9644

    3 in this area

    69 Total Sales

    Nicole McRae
    Section Image
  • Diane Brown

    Buyer's Agent in 2021

    Diane Brown

    Auburn Sherlock Homes R.E.

    (315) 224-0119

    2 in this area

    42 Total Sales

    Diane Brown
    Section Image
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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1317897

Cortland County Board of REALTORS®

APN: 055800-233-008-0001-009-000-0000

New York Cayuga County Cortland 13045

1238 Lake Como Rd, Cortland, NY

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