NOT LISTED FOR SALE

35 Homer Ave Cortland, NY 13045

Estimated Value: $157,000 - $195,000

5 Beds
2 Baths
2,662 Sq Ft
$66/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $130,000 $49 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,096/month

275 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • 3-minute walk to Suggett Park

About This Home

As of July 2021

Lots of natural woodwork in this spacious up/down duplex in convenient city location. Apartments contain 3 and 4 bedrooms. Buy for cash flow or owner occupancy.

Last Agent to Sell the Property

Mark Skodzinsky

Listing by Berkshire Hathaway HomeServices Heritage Realty License #10301207152 Listed on: 06/10/2020

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Christina Wilkinson

Listing by L Wilson Realty License #10401305578

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,421

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 110 x 55

Home Design

  • Frame Construction

Interior Spaces

  • 2,662 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Flooring

  • Wood
  • Vinyl

Utilities

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

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 86.49-02-29.000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,421

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 103100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 55
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Madison St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 48.84
  • Ratio List Price By Sq Ft: 52.22
  • Regional Board Code: Syracuse
  • Rent Includes: All Utilities
  • School Tax: 2022
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Madison Ave to Homer Ave
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Sq Ft: 2662

Exterior Features

  • Construction: Frame

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 86.49-02-29.000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5421

MLS Schools

  • School District Name: Cortland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 1, 2021
Sold by
Dawn Rella
Bought by
Glebe Properties Llc
Seller's Agent
Mark Skodzinsky
Berkshire Hathaway HomeServices Heritage Realty
Buyer's Agent
Christina Wilkinson
L Wilson Realty
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%
Current Estimated Value
$175,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,763
Avg. Annual Appreciation
6.98%
Original Mortgage
$97,500
Outstanding Balance
$88,601
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$87,162
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Glebe Properties Llc $130,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glebe Properties Llc $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2021 07/29/21 Sold $130,000 -6.5% $49 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
09/11/2020 09/11/20 Price Changed $139,000 -6.7% $52 / Sq Ft
06/10/2020 06/10/20 For Sale $149,000 +56.7% $56 / Sq Ft
11/07/2016 11/07/16 Sold $95,100 +0.1% $36 / Sq Ft View Prior Sale
07/16/2016 07/16/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $95,000 -- $36 / 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 $5,695 $155,000 $13,600 $141,400
2023 $5,624 $103,100 $9,500 $93,600
2022 $5,471 $103,100 $9,500 $93,600
2021 $5,521 $103,100 $9,500 $93,600
2020 $3,556 $103,100 $9,500 $93,600
2019 $3,467 $103,100 $9,500 $93,600
2018 $4,086 $103,100 $9,500 $93,600
2017 $4,086 $103,100 $9,500 $93,600
2016 $4,086 $103,100 $9,500 $93,600
2015 -- $103,100 $9,500 $93,600
2014 -- $103,100 $9,500 $93,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1270820

Cortland County Board of REALTORS®

APN: 110200-086-049-0002-029-000-0000