NOT LISTED FOR SALE

2865 Webb Rd Cortland, NY 13045

Estimated Value: $145,000 - $190,767

3 Beds
2 Baths
2,197 Sq Ft
$77/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $167,000 $76 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,239/month

8 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating and Cooling
  • 2 Car Garage
  • Agricultural
  • Baseboard Heating
  • Heating System Uses Steam

About This Home

As of June 2024

Come and see for yourself these move-in-ready apartments that have been beautifully maintained. If you're thinking about purchasing a new home or making a real estate investment, consider this two-unit farmhouse. This unique property offers the best of both worlds - the income potential of a rental property with two separate apartments, or the choice to rent one unit while living in the other. This home is perfectly situated between Cortland and Ithaca, surrounded by all types of amenities while still offering a feel of openness and country living. Seller reserves the right to set review date to review offers.

Last Agent to Sell the Property

Karen Curran

Listing by Yaman Real Estate Brokerage Phone: 607.753.9644 License #10401372657 Listed on: 04/22/2024

Last Buyer's Agent

Rose Ferro

Listing by Hage Real Estate License #10401261648

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,320

Year Built

  • Built in 1855

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 169x138

Parking

  • 2 Car Garage
  • Unpaved Driveway

Home Design

  • Stone Foundation
  • Aluminum Siding
  • Steel Siding
  • Copper Plumbing

Interior Spaces

  • 2,197 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Farming

  • Agricultural

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • PEX Plumbing
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes heat
  • Tax Lot 11
  • Assessor Parcel Number 114600-105-000-0010-011-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,320

Year Built

Built in 1855

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Heat
  • Year Built: 1855
  • Attribution Contact: 607.753.9644
  • Lot Features: Agricultural
  • Directions: Turning off Route 13, house is approximately 1/4 mile down Webb Road on the right
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.8
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Copper Plumbing, PEX Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two or More Spaces, Unpaved

Utilities

  • Cooling: Zoned
  • Heating: Propane, Zoned, Baseboard, Electric, Hot Water, Steam
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Cortland

Lot Info

  • Parcel Number: 114600-105-000-0010-011-000-0000
  • Lot Dimensions: 169X138
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 4320.0
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jun 14, 2024
Sold by
Douglass Steven and Just Barbara
Bought by
Caputi Robert D
Seller's Agent
Karen Curran
Yaman Real Estate
Buyer's Agent
Rose Ferro
Hage Real Estate
List Price
$155,000
Sold Price
$167,000
Premium/Discount to List
$12,000
7.74%
Views
56
Current Estimated Value
$169,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,692
Avg. Annual Appreciation
1.02%
Original Mortgage
$133,600
Outstanding Balance
$131,628
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$38,064
Source: Public Records
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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
Caputi Robert D $167,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caputi Robert D $133,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2024 06/18/24 Sold $167,000 +7.7% $76 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $155,000 +416.7% $71 / Sq Ft
08/15/2014 08/15/14 Sold $30,000 -14.3% -- View Prior Sale
07/16/2014 07/16/14 Pending -- -- --
01/01/1800 01/01/00 For Sale $35,000 -- --
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 $4,229 $105,000 $15,600 $89,400
2023 $4,320 $105,000 $15,600 $89,400
2022 $2,145 $105,000 $15,600 $89,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1531272

Cortland County Board of REALTORS®

APN: 114600 105.00-10-11.000