NOT LISTED FOR SALE

1425 E River Rd Unit 3 Cortland, NY 13045

Estimated Value: $149,000 - $220,736

5 Beds
4 Baths
1,232 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $180,000 $146 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,250/month

111 Days on Market

Highlights

  • 1,572 Feet of Waterfront
  • Horses Allowed On Property
  • 5 Acre Lot
  • Beach Access
  • In Ground Pool
  • Deck

About This Home

As of October 2023

Whether you are looking for your forever home with land or your next investment property, this is a must-see! Minutes from downtown Cortland and I81, this unique 5-acre property is agricultural zoned with three rentals OR settle in as your primary residence with one main house plus an in-law/guest house and one single wide trailer. With waterfrontage running along the length of the property, this is a prime opportunity for an investment property or a residential homeowner looking for privacy, acreage, and close proximity to amenities in the city of Cortland. Each of the 3 units have individual meters, while the property includes 2 wells (one drilled, one artesian), and 2 septic systems. There is an in-ground heated pool with deck/garden patio at the main house and above ground pool at the in-law/guest house.

Last Agent to Sell the Property

Jessica Sloma

Listing by Dropped Members License #10401362417 Listed on: 03/23/2023

Dropped Members

Last Buyer's Agent

Naomi Adams

Listing by LPT Realty License #10401366793

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,470

Year Built

  • Built in 1930

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 146 x 1,672
  • 1,572 Feet of Waterfront
  • River Front
  • Partially Fenced Property
  • Irregular Lot

Parking

  • Stone Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,232 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Water Views
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Pool

  • In Ground Pool
  • Above Ground Pool

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 112289-087-009-0001-002-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,470

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Cortlandville-112289
  • Total Assessed Value: 91200
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 146
  • Lot Dimension Front: 1672
  • Lot Information: Agricultural District, Horses Permitted
  • Lot Number: 2
  • Lot Shape: Irregular
  • Nearest Cross Street: Route 11
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 36000.00
  • Ratio Close Price By Sq Ft: 146.10
  • Ratio List Price By Acres: 37980.00
  • Ratio List Price By Sq Ft: 154.14
  • Regional Board Code: Syracuse
  • Roof Description: Metal, Shingles
  • School Tax: 1789
  • Sub Board Code: Syracuse
  • Type of Residence: 1 Lot - Multi Structures
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 217800
  • Ad Copy: Whether you are looking for your forever home with land or your next investment property, this is a must-see!
  • Ad Headline: 5 Acres in Cortlandville
  • Age of Building: 93
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1232
  • Directions To Property: NY-13S/Clinton Ave, Left on River Street, Left on US-11/Port Watson Street, Left on E River Road/Tioughnioga Ave
  • Sq Ft Total Pub: 1232
  • Attribution Contact: 315-701-6900
  • EnergyEquipment: Propane Tank-Leased
  • WaterRelatedFeatures: Beach/Water Access, Water View
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 4
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Attic Description: Crawl Space
  • Basement Description: Full, Slab
  • Floor Description: Laminate-Some, Vinyl-Some
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Total Sq Ft: 1232

Exterior Features

  • Construction: Aluminum/Steel, Vinyl, Wood
  • Waterfront Name: East Branch Tioughnioga River
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet, Partially Fenced Yard, Patio, Pool-Above Ground, Pool-In Ground
  • Number of Acres: 5.0000
  • Waterfront Description: River/Stream/Creek
  • Waterfront Frontage: 1572

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Blacktop, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas, Propane
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 3
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 112289-087-009-0001-002-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 5470

MLS Schools

  • School District Name: McGraw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Oct 19, 2023
Sold by
Macgregor Sally
Bought by
Lin Vivian
Seller's Agent
Jessica Sloma
Dropped Members
Buyer's Agent
Naomi Adams
LPT Realty
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Views
431
Current Estimated Value
$184,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,434
Avg. Annual Appreciation
1.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lin Vivian $180,000 Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2023 10/24/23 Sold $180,000 0.0% $146 / Sq Ft
07/31/2023 07/31/23 Off Market $180,000 -- --
07/12/2023 07/12/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $189,900 -- $154 / Sq Ft
Source: Central New York Information Services

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 $3,398 $81,200 $24,300 $56,900
2023 $3,214 $91,200 $24,300 $66,900
2022 $3,708 $91,200 $24,300 $66,900
2021 $3,763 $91,200 $24,300 $66,900
2020 $3,108 $91,200 $24,300 $66,900
2018 $1,080 $81,200 $24,300 $56,900
2017 $2,565 $81,200 $24,300 $56,900
2016 $2,541 $81,200 $24,300 $56,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central New York Information Services

MLS Number: S1461192

Central New York Information Services

APN: 112289-087-009-0001-002-000-0000