NOT LISTED FOR SALE

Estimated Value: $198,000 - $340,077

10 Beds
4 Baths
3,726 Sq Ft
$76/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $165,000 $44 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,041/month

175 Days on Market

Highlights

  • River Access
  • Baseboard Heating
  • Carpet
  • Home fronts a stream
  • High Speed Internet

About This Home

As of March 2024

Attention investors! A great opportunity to own a nice four unit in a great village location, convenient to shopping, school, park and conveniences. Features a brand-new metal roof. Fully rented with all tenants on month to month, these spacious apartments are in good condition. Apartment 1 is a 2 bedroom that rents for $650/month. Apartment 2 is a 2 bedroom that rents for $700/month. Apartment 3 is a 3 bedroom that rents for $900/month. Apartment 4 is a 3 bedroom that rents for $850/month. Three of the four units offer washer/dryer hookup. Parking available for each unit. Owner may consider owner financing with acceptable terms.

Last Agent to Sell the Property

Nicole Wynn

Listing by Yaman Real Estate License #30WY0880651 Listed on: 06/22/2023

Last Buyer's Agent

Reciprocal Agent

Listing by from another MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,267

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 131x125
  • Home fronts a stream

Home Design

  • Quadruplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 3,726 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Parking

  • Parking Available
  • Gravel Driveway

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • River Access
  • Flood Zone Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 157.16-01-15

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,267

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1900
  • Lot Features: Flood Zone, Residential Lot
  • Road Frontage Type: City Street
  • Water Body Name: West Branch Tioughnioga River
  • Directions: Main St to Mill St
  • Architectural Style: Fourplex
  • Flooring: Carpet, Linoleum, Varies, Vinyl
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Stories: 3
  • Stories: 3

Exterior Features

  • Waterfront Features: River Access, Stream
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Gravel, Parking Available, Two or More Spaces

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Marathon

Lot Info

  • Parcel Number: 157.16-01-15
  • Lot Dimensions: 131X125
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 4267.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Oct 29, 2018
Sold by
Stamatakos Chris and Stamatakos Karen
Bought by
Steenrod Alvin G and Steenrod Edward L
Seller's Agent
Sarah Wisdorf
Ithaca Board Reciprocal/Non-member
Buyer's Agent
Sarah Wisdorf
Ithaca Board Reciprocal/Non-member
List Price
$239,900
Sold Price
$224,000
Premium/Discount to List
-$15,900
-6.63%
Current Estimated Value
$282,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,019
Avg. Annual Appreciation
3.40%
Original Mortgage
$230,743
Outstanding Balance
$202,879
Interest Rate
4.7%
Mortgage Type
FHA
Estimated Equity
$79,140

Purchase Details

Closed on
Jan 30, 2014
Sold by
Stamatakos Chris and Stamatakos Karen
Bought by
Stamatakos Chris and Stamatakos Karen

Purchase Details

Listed on
Aug 15, 2012
Closed on
Nov 27, 2012
Sold by
Bishop Michael F
Bought by
Stamatakos Chris
Buyer's Agent
Robert Farrell
EXIT REALTY HOMEWARD BOUND
List Price
$240,000
Sold Price
$236,000
Premium/Discount to List
-$4,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$231,725
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2006
Sold by
Lockwood Catherine
Bought by
Bishop Michael

Purchase Details

Closed on
Oct 4, 2004
Sold by
Gehm Charles
Bought by
Lockwood
Source: Public Records

Range of Values:

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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
Steenrod Alvin G $235,000 None Available
Stamatakos Chris -- None Available
Stamatakos Chris $236,000 None Available
Bishop Michael $200,000 --
Lockwood -- Steven P Krna
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steenrod Alvin G $55,111
Open Steenrod Alvin G $230,743
Previous Owner Stamatakos Chris $231,725
Previous Owner Bishop Michael F $5,106
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $165,000 -5.7% $44 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $175,000 0.0% $47 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $175,000 -21.9% $47 / Sq Ft
11/05/2018 11/05/18 Sold $224,000 -4.7% $110 / Sq Ft
11/05/2018 11/05/18 Sold $235,000 -2.0% $115 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
09/20/2018 09/20/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $239,900 -4.0% $117 / Sq Ft
06/06/2018 06/06/18 For Sale $249,900 +5.9% $122 / Sq Ft
11/27/2012 11/27/12 Sold $236,000 -1.7% $112 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $240,000 -- $113 / 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 $6,615 $223,100 $25,400 $197,700
2023 $6,558 $223,100 $25,400 $197,700
2022 $6,571 $223,100 $25,400 $197,700
2021 $6,353 $223,100 $25,400 $197,700
2020 $6,499 $223,100 $25,400 $197,700
2019 -- $223,100 $25,400 $197,700
2018 $5,907 $223,100 $25,400 $197,700
2017 $5,890 $223,100 $25,400 $197,700
2016 $5,835 $223,100 $25,400 $197,700
2015 -- $223,100 $25,400 $197,700
2014 -- $223,100 $25,400 $197,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1479987

Cortland County Board of REALTORS®

APN: 032000-035-006-0001-003-001-0000