NOT LISTED FOR SALE

Estimated Value: $251,251

3 Beds
6 Baths
4,616 Sq Ft
$54/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2024

Last sale price $245,000 $53 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,888 / mo

177 Days on Market

Highlights

  • Medical Services
  • City View
  • Laundry in multiple locations
  • Lakeview Elementary School Rated A-
  • Visitor Bathroom
  • 3-minute walk to Rotary Park

About This Home

As of August 2024

Don’t miss out on this Prime Commercial and Residential Opportunity in downtown Cortland! This established medical office boasts a spacious layout with an open area, multiple patient rooms, an X-ray room, and a meeting room with public and private bathroom. The partially finished basement provides ample storage options and a half bath. Upstairs, a 2 bedroom, 1 bathroom apartment offers comfortable living space and large deck. The property also includes a charming carriage house featuring a 2-car garage with generous storage space and a 1 bedroom, 1 bathroom apartment with unique touches such as the large, repurposed wooden planks, a skylight, and built in wooden drawers. A private yard is nestled between each structure complete with a storage shed and brick laid patio perfect for morning coffee or lunch! Between the street parking, and the several parking spots in the front and back there’s enough room for everyone. Explore the potential of this versatile property and its endless possibilities before it’s GONE!

Last Agent to Sell the Property

Terra O'Brien

Burgan Real Estate Brokerage Email: terra@burganrealestate.com 330-646-1996 License #2021001094 Listed on: 02/02/2024

Co-Listed By

Traci Hardy

Burgan Real Estate Brokerage Email: terra@burganrealestate.com 330-646-1996 License #2011000827

Last Buyer's Agent

Jean Cook

Howard Hanna License #2004019805

Howard Hanna
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,587

Year Built

  • Built in 1950

Lot Details

  • 21,357 Sq Ft Lot
  • Gated Home
  • Privacy Fence
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Garage
  • On-Street Parking
  • Parking Lot

Home Design

  • Duplex
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • City Views
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Accessible Home Design

  • Visitor Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Cortland Village Subdivision
  • Medical Services

Listing and Financial Details

  • Tenant pays for electricity, internet
  • The owner pays for all utilities, grounds care
  • Assessor Parcel Number 34-027451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,587

Year Built

Built in 1950

Lot Details

0.49 Acres

Parking

2

Listing Details

  • MLS Status: Closed
  • Standard Status: Closed
  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1950
  • Attribution Contact: terra@burganrealestate.com 330-646-1996
  • Reso View: City
  • Co List Office Phone: 330-783-0055
  • Subdivision Name: Cortland Village
  • Above Grade Finished Sq Ft: 3296.0
  • Reso Accessibility Features: Visitor Bathroom
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1320.0

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Fenced, Gate, Privacy, Wood
  • Acres: 0.4903
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Paved, Parking Lot, On Street

Utilities

  • LaundryFeatures: In Basement, In Unit, Multiple Locations
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Medical Service, Street Lights, Sidewalks

Schools

  • Junior High Dist: Lakeview LSD - 7812

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 34-027451
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: All Utilities, Grounds Care
  • Tenant Pays: Electricity, Internet

Tax Info

  • Tax Annual Amount: 5587.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Aug 23, 2024
Sold by
Montgomery Thomas P
Bought by
Seller's Agent
Terra O'Brien
Burgan Real Estate
Buyer's Agent
Jean Cook
Howard Hanna
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%
Views
268
Current Estimated Value
$251,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,251
Avg. Annual Appreciation
1.25%
Original Mortgage
$195,600
Outstanding Balance
$168,129
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
$83,122

Purchase Details

Closed on
Jan 1, 1990
Bought by
Thomas P Montgomery
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cortland, OH

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$245,000 None Listed On Document
Thomas P Montgomery -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $195,600
Previous Owner Montgomery Thomas P $64,671
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/26/2024 08/26/24 Sold $245,000 -5.8% $53 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
02/03/2024 02/03/24 For Sale $260,000 -- $56 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,019 $85,580 $21,350 $64,230
2024 $5,732 $85,580 $21,350 $64,230
2023 $5,606 $85,580 $21,350 $64,230
2022 $4,362 $58,280 $21,350 $36,930
2021 $4,355 $58,280 $21,350 $36,930
2020 $4,370 $58,280 $21,350 $36,930
2019 $4,305 $58,280 $21,350 $36,930
2018 $4,342 $58,280 $21,350 $36,930
2017 $4,279 $58,280 $21,350 $36,930
2016 $4,776 $62,930 $21,210 $41,720
2015 $4,788 $62,930 $21,210 $41,720
2014 $4,272 $62,930 $21,210 $41,720
2013 $4,321 $62,930 $21,210 $41,720
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5013891

MLS Now

APN: 34-027451

Your Personal Tour Guide

Ask me questions while you tour the home.