NOT LISTED FOR SALE

160 Central Ave Cortland, NY 13045

Estimated Value: $157,000 - $178,091

4 Beds
2 Baths
1,464 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $120,000 $82 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,203/month

9 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Ceiling Fan
  • Fenced Yard
  • Forced Air Cooling System
  • 4-minute walk to Dexter Park

About This Home

As of May 2021

Beautifully maintained 2-family home. Newer roof, siding, furnaces, hot water heaters and new fencing in the backyard. Large, eat-in kitchens and aesthetically pleasing layouts with hardwood floors for each apartment. Contemporary decor adds to the charm of this home. 2-car garage with new overhead door & plenty of parking! Also includes a large, fully-fenced backyard for entertaining, etc. Would make for a great owner-occupied home or income-generating property. Property is in pristine shape with many updates!

Last Agent to Sell the Property

Jeff Guida

Listing by Yaman Real Estate License #10301218984 Listed on: 02/02/2021

Last Buyer's Agent

Jeff Guida

Listing by Yaman Real Estate License #10301218984 Listed on: 02/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,510

Year Built

  • Built in 1900

Lot Details

  • 6,683 Sq Ft Lot
  • Lot Dimensions are 165 x 40
  • Fenced Yard
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,464 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Balcony

Schools

  • Cortland Junior-Senior High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes lawn maintenance, snow removal, water
  • Tax Lot 7
  • Assessor Parcel Number 110200-086-060-0001-007-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,510

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 84000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 165
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 7
  • Lot Shape: Rectangular
  • Nearest Cross Street: Pomeroy Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 782268.58
  • Ratio Close Price By Sq Ft: 81.97
  • Ratio List Price By Acres: 846805.74
  • Ratio List Price By Sq Ft: 88.73
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 1621
  • Sub Board Code: Cortland
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6683
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1464
  • Directions To Property: Port Watson to Pomeroy to Central. House on the right- look for sign.
  • Sq Ft Total Pub: 1464
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Storage
  • Attic Description: Crawl Space
  • Basement Description: Exterior Walkup/Bulkhead Doors, Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 1464

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Cable TV Available, Fully Fenced Yard, Garage Door Opener, Private Yard - see Remarks
  • Number of Acres: 0.1534

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Cortland
  • Middle School: Other - See Remarks
  • High School: Cortland Junior-Senior High

Lot Info

  • Parcel Number: 110200-086-060-0001-007-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4510

MLS Schools

  • High School Name: Cortland Junior-Senior High
  • School District Name: Cortland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
May 12, 2021
Sold by
Natale Peter and Whitney Erika L
Bought by
Young Tammi J
Seller's Agent
Jeff Guida
Yaman Real Estate
Buyer's Agent
Jeff Guida
Yaman Real Estate
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Current Estimated Value
$166,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,023
Avg. Annual Appreciation
6.30%
Original Mortgage
$145,000
Outstanding Balance
$132,700
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$22,774
Source: Public Records

Range of Values:

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Average Value
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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
Young Tammi J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitney Erika L $145,000
Closed Young Tammi J $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $120,000 -7.6% $82 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $129,900 -- $89 / 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 $3,573 $145,000 $14,300 $130,700
2023 $5,303 $95,000 $9,900 $85,100
2022 $4,723 $95,000 $9,900 $85,100
2021 $4,552 $84,000 $9,900 $74,100
2020 $4,277 $84,000 $9,900 $74,100
2019 $2,657 $84,000 $9,900 $74,100
2018 $3,655 $78,800 $9,900 $68,900
2017 $3,542 $78,800 $9,900 $68,900
2016 $2,951 $78,800 $9,900 $68,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1317672

Cortland County Board of REALTORS®

APN: 110200-086-060-0001-007-000-0000