Seller's Agent in 2024
Kristopher Buchan
Tompkins Cortland Real Estate
(607) 745-8553
29 in this area
183 Total Sales
16 Pendleton St Cortland, NY 13045
Estimated Value: $105,980 - $163,000
5
Beds
2
Baths
2,034
Sq Ft
$65/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- High Speed Internet
- Carpet
- Ceiling Fan
- Rectangular Lot
About This Home
As of February 2024This Cortland two-family house is a fantastic investment opportunity you won't want to miss. With a three-bedroom apartment on the first floor and a cozy two-bedroom unit on the second floor, this property offers both space and income potential. Located in Cortland, this versatile home is perfect for savvy investors or those looking for a comfortable residence with rental income. Separate utilities (except water and sewer) and currently vacant so you can choose your own tenants. Act fast and secure your spot in this thriving market!
Last Agent to Sell the Property
Listing by Tompkins Cortland Real Estate Brokerage Phone: 607.898.3456 License #10371200368 Listed on: 11/13/2023
Last Buyer's Agent
Lela Bones
Listing by Tompkins Cortland Real Estate License #10401379517
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,385
Year Built
- Built in 1890
Lot Details
- 9,690 Sq Ft Lot
- Lot Dimensions are 35x274
- Rectangular Lot
Home Design
- Duplex
- Stone Foundation
- Vinyl Siding
Interior Spaces
- 2,034 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Partial Basement
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Parking
- Parking Available
- Gravel Driveway
Schools
- Cortland Junior-Senior High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Rent includes water
- Tax Lot 15
- Assessor Parcel Number 110200-086-051-0002-015-000-0000
Community Details
Overview
- 2 Units
- April Lee Bowers & Katrin Subdivision
Building Details
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2023
Closed on
Feb 15, 2024
Sold by
Sav Clinton Ave Llc
Bought by
Ellsworth Jared
Seller's Agent
Kristopher Buchan
Tompkins Cortland Real Estate
Buyer's Agent
Lela Bones
Tompkins Cortland Real Estate
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,245
Avg. Annual Appreciation
4.93%
Original Mortgage
$117,826
Outstanding Balance
$113,107
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$18,138
Purchase Details
Closed on
Jun 15, 2023
Sold by
Bowers April Lee and Bowers Katrina M
Bought by
Sav Clinton Ave Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.71%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ellsworth Jared | $120,000 | Stewart Title | |
| Sav Clinton Ave Llc | $70,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ellsworth Jared | $117,826 | |
| Previous Owner | Sav Clinton Ave Llc | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/15/2024 02/15/24 | Sold | $120,000 | -7.6% | $59 / Sq Ft |
| 11/15/2023 11/15/23 | Pending | -- | -- | -- |
| 11/13/2023 11/13/23 | For Sale | $129,900 | -- | $64 / Sq Ft |
Source: Cortland County Board of REALTORS®
Tax History Compared to Growth
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 | $3,106 | $70,000 | $17,600 | $52,400 |
| 2023 | $3,731 | $64,000 | $12,300 | $51,700 |
| 2022 | $4,770 | $64,000 | $12,300 | $51,700 |
| 2021 | $4,801 | $64,000 | $12,300 | $51,700 |
| 2020 | $3,776 | $64,000 | $12,300 | $51,700 |
| 2019 | $2,542 | $64,000 | $12,300 | $51,700 |
| 2018 | $3,935 | $71,500 | $12,300 | $59,200 |
| 2017 | $3,720 | $71,500 | $12,300 | $59,200 |
| 2016 | $3,662 | $71,500 | $12,300 | $59,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher Buchan
-
L
Buyer's Agent in 2024
Lela Bones
Tompkins Cortland Real Estate
Map
Source: Cortland County Board of REALTORS®
MLS Number: S1509689
APN: 110200-086-051-0002-015-000-0000
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