NOT LISTED FOR SALE

132 N Main St Cortland, NY 13045

Estimated Value: $152,000 - $201,159

2 Beds
2 Baths
1,394 Sq Ft
$130/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $161,900 $116 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,302/month

65 Days on Market

Highlights

  • 2 Car Garage
  • Heating System Uses Gas
  • 4-minute walk to Suggett Park

About This Home

As of September 2022

Location Location Location! Great investment opportunity or chance to owner occupy! Centrally located in downtown close to restaurants, shops, with just a quick 3 minute drive to SUNY Cortland! This 2 unit home features two spacious 1 bedroom 1 bath apartments both with recent updates. Lower unit offers updated kitchen and bath (2017), new hot water heater, and furnace (2019). Upper unit offers updated bathroom (2017). Front deck was newly redone along with new vinyl windows throughout! With plenty of off street parking, two car garage with extra storage, fenced in back yard, and separate utilities make this an ideal investment opportunity!

Last Agent to Sell the Property

Alanie Woodin

RE/MAX In Motion Brokerage Email: alanie@hartandhomes.com License #10401354150 Listed on: 06/09/2022

RE/MAX In Motion

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,081

Year Built

  • Built in 1900

Lot Details

  • 6,534

Parking

  • 2 Car Garage
  • Parking Available
  • On-Street Parking
  • Off-Site Parking

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,394 Sq Ft Home
  • Dirt Floor

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Laundry

  • Dryer
  • Washer

Additional Features

  • 6,534 Sq Ft Lot
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 86.33-02-28.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,081

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Garage Yn: Yes
  • Year Built: 1900
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: alanie@hartandhomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Refrigerator, Range Hood, Washer
  • Has Basement: Dirt Floor
  • Living Area: 1394.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Block, Stone
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Concrete, Garage, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

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

Schools

  • Elementary School: Other - See Remarks
  • Junior High Dist: Cortland

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 86.33-02-28.000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Heat

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 22, 2022
Sold by
Albanese Carson F
Bought by
Souzas Orestis O
Seller's Agent
Alanie Woodin
RE/MAX In Motion
List Price
$149,900
Sold Price
$161,900
Premium/Discount to List
$12,000
8.01%
Current Estimated Value
$180,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,640
Avg. Annual Appreciation
5.47%
Original Mortgage
$137,600
Outstanding Balance
$130,408
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$59,747
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Souzas Orestis O $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Souzas Orestis O $137,600
Previous Owner Corland Capital Group Llc $30,266
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $161,900 +8.0% $116 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $149,900 +7.1% $108 / Sq Ft
08/05/2015 08/05/15 Sold $139,900 0.0% $103 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $139,900 -- $103 / 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 $4,081 $175,000 $12,700 $162,300
2023 $5,967 $110,000 $9,800 $100,200
2022 $3,849 $72,000 $9,800 $62,200
2021 $3,884 $72,000 $9,800 $62,200
2020 $3,748 $72,000 $9,800 $62,200
2019 $2,359 $72,000 $9,800 $62,200
2018 $3,762 $72,000 $9,800 $62,200
2017 $3,680 $72,000 $9,800 $62,200
2016 $3,691 $72,000 $9,800 $62,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406851

APN: 110200-086-033-0002-028-000-0000