NOT LISTED FOR SALE

186 Main St Cortland, NY 13045

Estimated Value: $65,697 - $145,000

7 Beds
2 Baths
2,392 Sq Ft
$45/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $76,000 $32 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $771/month

153 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • Vinyl Flooring

About This Home

As of November 2022

Value priced income property. Convenient City of Cortland location with great cash flow. Perfect for the savvy investor.

Last Agent to Sell the Property

Mark Skodzinsky

Listing by Berkshire Hathaway HomeServices Heritage Realty License #10301207152 Listed on: 07/19/2021

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Reciprocal Reciprocal

Listing by RECIPROCAL CORTLAND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,995

Year Built

  • Built in 1880

Lot Details

  • 3,574 Sq Ft Lot
  • Lot Dimensions are 35x102

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes snow removal
  • Tax Lot 25
  • Assessor Parcel Number 110200-086-082-0001-025-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,995

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Rent Includes: Snow Removal
  • Year Built: 1880
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Main St
  • Architectural Style: Duplex
  • Flooring: Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.082
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Cortland

Lot Info

  • Parcel Number: 110200-086-082-0001-025-000-0000
  • Lot Dimensions: 35X102
  • Lot Size Sq Ft: 3574.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2995.0
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 22, 2022
Sold by
Bennedy Edward R
Bought by
Amin Equity Holdings Corporation
Seller's Agent
Mark Skodzinsky
Berkshire Hathaway HomeServices Heritage Realty
Buyer's Agent
Reciprocal Reciprocal
RECIPROCAL CORTLAND
List Price
$69,000
Sold Price
$76,000
Premium/Discount to List
$7,000
10.14%
Current Estimated Value
$108,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,174
Avg. Annual Appreciation
13.19%
Original Mortgage
$58,500
Interest Rate
6.02%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Amin Equity Holdings Corporation $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amin Equity Holdings Corporati $96,750
Closed Amin Equity Holdings Corporation $58,500
Closed Amin Equity Holdings Corporation $19,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $76,000 -4.9% $32 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/11/2021 11/11/21 Price Changed $79,900 +15.8% $33 / Sq Ft
07/15/2021 07/15/21 For Sale $69,000 -- $29 / 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 $2,233 $85,000 $10,700 $74,300
2023 $3,077 $54,000 $7,500 $46,500
2022 $2,920 $54,000 $7,500 $46,500
2021 $2,946 $54,000 $7,500 $46,500
2020 $2,945 $54,000 $7,500 $46,500
2019 $1,903 $54,000 $7,500 $46,500
2018 $2,955 $54,000 $7,500 $46,500
2017 $2,988 $54,000 $7,500 $46,500
2016 $2,937 $54,000 $7,500 $46,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1352426

Cortland County Board of REALTORS®

APN: 110200-086-082-0001-025-000-0000