NOT LISTED FOR SALE

1425 E River Rd Unit 3 Cortland, NY 13045

Estimated Value: $179,000 - $238,000

5 Beds
4 Baths
1,232 Sq Ft
$168/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2023

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

Est. 15% increase in value since last sale

Current estimated payment $1,258 / mo

111 Days on Market

Highlights

  • Beach Access
  • Private Pool
  • Deck
  • Horses Allowed On Property
  • 5 Acre Lot
  • 1 Fireplace

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 Brokerage Phone: 315-701-6900 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 1672x146
  • Home fronts a stream
  • Partially Fenced Property
  • Irregular Lot

Home Design

  • Block Foundation
  • Slab Foundation
  • Wood Siding
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

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

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Private Pool
  • Beach Access
  • River Access
  • Deck
  • Patio

Utilities

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

Additional Features

  • Agricultural
  • Horses Allowed On Property

Community Details

  • 3 Units
  • 1 Separate Gas Meter

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,470

Year Built

Built in 1930

Lot Details

5 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1930
  • Attribution Contact: 315-701-6900
  • Horses: Yes
  • Lot Features: Agricultural, Irregular Lot
  • Water Body Name: East Branch Tioughnioga River
  • Directions: NY-13S/Clinton Ave, Left on River Street, Left on US-11/Port Watson Street, Left on E River Road/Tioughnioga Ave
  • Flooring: Laminate, Varies, Vinyl
  • Interior Features: Ceiling Fan(s)
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Acres: 5.0
  • View: Yes
  • Waterfront Features: Beach Access, River Access, Stream
  • Waterfront: Yes
  • Construction Type: Aluminum Siding, Steel Siding, Vinyl Siding, Wood Siding
  • Exterior Features: Deck, Fence, Pool, Patio, Propane Tank - Leased
  • Foundation Details: Block, Slab
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Heating: Gas, Propane, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Water Available
  • Water Source: Not Connected, Public, Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: McGraw

Lot Info

  • Parcel Number: 112289-087-009-0001-002-000-0000
  • Horse Amenities: Horses Allowed
  • Lot Dimensions: 1672X146
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Agricultural

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5470.0
  • Tax Lot: 2

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
419
Current Estimated Value
$207,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,504
Avg. Annual Appreciation
5.73%
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
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

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 $1,804 $81,200 $24,300 $56,900
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 $1,080 $91,200 $24,300 $66,900
2019 $1,080 $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 $0 $81,200 $24,300 $56,900
2015 -- $81,200 $24,300 $56,900
2014 -- $81,200 $24,300 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1461192

Central New York Information Services

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

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