NOT LISTED FOR SALE

217 Tompkins St Cortland, NY 13045

Estimated Value: $172,000 - $193,881

5 Beds
2 Baths
1,824 Sq Ft
$99/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $130,000 $71 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,286/month

4 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • High Speed Internet
  • Private Yard
  • Baseboard Heating
  • Rectangular Lot

About This Home

As of January 2022

Investment property! Short walk to SUNY Cortland. Move-in Ready for any tenant including the buyer! Roomy back yard and a 2 car garage with plenty of storage above. Both 3 bedroom 1 bath apartments have been updated nicely with most new flooring and paint. Apt 1 (downstairs) walk in from the side door where laundry hookups are accessible leading into a large eat-in kitchen. 3 bedrooms surround the living room and a nice 3 season front porch area to enjoy. Apt 2 (upstairs) access the same side as Apt 1 with the same accessibility to the laundry as well (a great reason to put in some coin-op washer/dryer) head up the stairs to a coat room space straight into the Kitchen/dining area. Bathroom located just up a few steps following the 3 bedrooms and a large living room with great views. Don't miss this opportunity!

Last Agent to Sell the Property

Nicole McRae

Listing by Yaman Real Estate License #10401341429 Listed on: 11/18/2021

Last Buyer's Agent

John Aspinwall

Listing by Hage Real Estate License #10401288327

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,197

Year Built

  • Built in 1900

Lot Details

  • 9,449 Sq Ft Lot
  • Lot Dimensions are 157 x 59
  • Rectangular Lot
  • Private Yard

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Cedar

Interior Spaces

  • 1,824 Sq Ft Home
  • 2.5-Story Property
  • Partial Basement
  • Scuttle Attic Hole

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Car Garage
  • Stone Driveway

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes electric
  • Tax Lot 30
  • Assessor Parcel Number 110200-096-031-0001-030-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,197

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 96000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 157
  • Lot Dimension Front: 59
  • Lot Information: Primary Road
  • Lot Number: 30
  • Lot Shape: Rectangular
  • Nearest Cross Street: Folmer Drive
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 599354.54
  • Ratio Close Price By Sq Ft: 71.27
  • Ratio List Price By Acres: 644997.69
  • Ratio List Price By Sq Ft: 76.70
  • Regional Board Code: Syracuse
  • Rent Includes: Electric
  • Roof Description: Shingles
  • School Tax: 1852
  • Sub Board Code: Cortland
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9449
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1824
  • Directions To Property: From Main St Cortland. Take Route 11 turns in to Tompkins go west
  • Sq Ft Total Pub: 1824
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1824

Exterior Features

  • Construction: Cedar
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Private Yard - see Remarks
  • Number of Acres: 0.2169

Garage/Parking

  • Number of Electric Meters: 1
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

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

Schools

  • School District: Cortland

Lot Info

  • Parcel Number: 110200-096-031-0001-030-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5197

MLS Schools

  • School District Name: Cortland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Jan 25, 2022
Sold by
Osborne Richard H and Osborne Darrin S
Bought by
Wurst Jeffrey M and Wurst Deanna J
Seller's Agent
Nicole McRae
Yaman Real Estate
Buyer's Agent
John Aspinwall
Hage Real Estate
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Current Estimated Value
$181,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,220
Avg. Annual Appreciation
7.47%
Original Mortgage
$97,500
Outstanding Balance
$91,064
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$77,160
Source: Public Records

Range of Values:

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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
Wurst Jeffrey M $130,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wurst Jeffrey M $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $130,000 -7.1% $71 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $139,900 -- $77 / 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 $3,592 $150,000 $17,400 $132,600
2023 $5,590 $102,000 $12,100 $89,900
2022 $5,196 $102,000 $12,100 $89,900
2021 $5,127 $96,000 $12,100 $83,900
2020 $5,042 $96,000 $12,100 $83,900
2019 $3,190 $96,000 $12,100 $83,900
2018 $5,061 $96,000 $12,100 $83,900
2017 $4,971 $96,000 $12,100 $83,900
2016 $4,901 $96,000 $12,100 $83,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1378812

Cortland County Board of REALTORS®

APN: 110200-096-031-0001-030-000-0000