NOT LISTED FOR SALE

1283 E Lake Rd Cortland, NY 13045

Estimated Value: $179,189 - $188,000

3 Beds
1 Bath
1,181 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $120,000 $102 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,326/month

91 Days on Market

Highlights

  • Lake Front
  • 1 Fireplace
  • Kitchen Island
  • Deck
  • Shed
  • Baseboard Heating

About This Home

As of December 2021

Come make this little slice of heaven yours. Kitchen was completely remodeled 2 years ago with custom built soft close cabinetry, raised ceiling, new lighting and new windows. 50 linear feet of lake front with a dock. Storage shed at lake level. One room and bathroom are roughed in and ready for you to complete the way you wish. 2 family rooms with fantastic lake views. Primary bedroom also has a lake view. Have your morning coffee on the deck off of the kitchen. Lake Como is a smaller lake that is great for paddle boarding and kayaking. Jet skis and motor boats are welcomed also! Coal stove and baseboard heating allows the option to be a year round get away. Bathroom is in process of being plumbed to septic and will be able to perform a Cayuga County septic inspection at closing.

Last Agent to Sell the Property

Terri Starr

Howard Hanna S Tier Inc Brokerage Email: TerriStarrRealEstate@gmail.com License #10401327833 Listed on: 08/18/2021

Howard Hanna S Tier Inc

Last Buyer's Agent

Zoe Leonard

Howard Hanna S Tier Inc License #10301222025

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 4,792 Sq Ft Lot
  • Lake Front

Parking

  • No Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 1,181 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Finished Basement
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Shed

Schools

  • Homer Elementary School

Utilities

  • Heating System Uses Coal
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Baseboard Heating
  • Well
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 223.20-1-39.1

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Water Body Name: Other - See Remarks
  • Directions: From 5 point stop signs in Mclean, take Stevens Rd which turns into Champlin. At T make right on Creech and quick left onto Sprouls. Left on Lake Come Rd. Right on Branch and quick right onto E. Lake Rd. Top of Knoll house on right, l
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1951
  • Attribution Contact: TerriStarrRealEstate@gmail.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Has Basement: Crawl Space, Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other, See Remarks
  • Interior Amenities: Kitchen Island
  • Living Area: 1181.0
  • Stories: 2

Exterior Features

  • Lot Features: Lake Front
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Aluminum Siding, Frame, Steel Siding
  • Exterior Features: Deck, Propane Tank - Leased
  • Foundation Details: Block
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Coal, Electric, Propane, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Well

Schools

  • Elementary School: Homer Elementary
  • Junior High Dist: Homer

Lot Info

  • Lot Size Sq Ft: 4792.0
  • Parcel #: 223.20-1-39.1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Dec 14, 2021
Sold by
Starr William H
Bought by
Calak Charles and Calak Judith
Seller's Agent
Terri Starr
Howard Hanna S Tier Inc
Buyer's Agent
Zoe Leonard
Howard Hanna S Tier Inc
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Current Estimated Value
$185,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,297
Avg. Annual Appreciation
11.38%
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
Calak Charles $120,000 Stewart Title
Calak Charles $120,000 Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $120,000 -20.0% $102 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $150,000 -- $127 / Sq Ft
Source: Ithaca 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 $4,297 $166,000 $49,400 $116,600
2023 $4,152 $166,000 $49,400 $116,600
2022 $1,395 $80,400 $16,500 $63,900
2021 $3,224 $80,400 $16,500 $63,900
2020 $3,290 $80,400 $16,500 $63,900
2019 $1,388 $80,400 $16,500 $63,900
2018 $3,012 $80,400 $16,500 $63,900
2017 $1,287 $80,400 $16,500 $63,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB405192

APN: 055800 223.20-1-39.1