NOT LISTED FOR SALE

37 Madison St Cortland, NY 13045

Estimated Value: $76,000 - $114,000

4 Beds
2 Baths
1,836 Sq Ft
$48/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $60,000 $33 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $650/month

14 Days on Market

Highlights

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

About This Home

As of January 2024

Calling all investors or those who may be looking to owner occupy. This city duplex is situated on a corner lot and has all utilities separated. It is just in need of your touch to bring it back to life. The property has been hauled out and is in the process of being cleaned up.

Last Agent to Sell the Property

Jenna Davi

Listing by Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607.591.5101 License #10301218592 Listed on: 11/17/2023

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Jenna Davi

Listing by Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607.591.5101 License #10301218592 Listed on: 11/17/2023

Berkshire Hathaway HomeServices Heritage Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,268 Sq Ft Lot
  • Lot Dimensions are 88 x 48

Parking

  • 2 Car Garage

Interior Spaces

  • 1,836 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 27
  • Assessor Parcel Number 110200-086-042-0001-027-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

4,268 Sq Ft Lot

Listing Details

  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 76000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 88
  • Lot Dimension Front: 48
  • Lot Information: Neighborhood Street
  • Lot Number: 27
  • Nearest Cross Street: Grace ST
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 612244.90
  • Ratio Close Price By Sq Ft: 32.68
  • Ratio List Price By Acres: 713265.31
  • Ratio List Price By Sq Ft: 38.07
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 1476
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4268
  • Age of Building: 109
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 1836
  • Directions To Property: Corner of Madison St. and Grace St.
  • Sq Ft Total Pub: 1836
  • Attribution Contact: 607.591.5101
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1836

Exterior Features

  • Construction: Composition, Wood
  • Number of Acres: 0.0980

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • 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: 110200-086-042-0001-027-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4152

MLS Schools

  • School District Name: Cortland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Jan 10, 2024
Sold by
Ramiza William and Ramiza Mary Ann
Bought by
Anderson Christopher
Seller's Agent
Jenna Davi
Berkshire Hathaway HomeServices Heritage Realty
Buyer's Agent
Jenna Davi
Berkshire Hathaway HomeServices Heritage Realty
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%
Views
84
Current Estimated Value
$87,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,760
Avg. Annual Appreciation
18.78%
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
Anderson Christopher $60,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $60,000 -14.2% $33 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/28/2023 11/28/23 Price Changed $69,900 -12.5% $38 / Sq Ft
11/17/2023 11/17/23 For Sale $79,900 -- $44 / Sq Ft
Source: Cortland County Board of REALTORS®

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 $2,170 $60,000 $11,500 $48,500
2023 $4,152 $76,000 $8,000 $68,000
2022 $4,152 $76,000 $8,000 $68,000
2021 $4,188 $76,000 $8,000 $68,000
2020 $2,749 $76,000 $8,000 $68,000
2019 $2,676 $76,000 $8,000 $68,000
2018 $3,991 $76,000 $8,000 $68,000
2017 $3,991 $76,000 $8,000 $68,000
2016 $3,991 $76,000 $8,000 $68,000
2015 -- $76,000 $8,000 $68,000
2014 -- $76,000 $8,000 $68,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1510405

Cortland County Board of REALTORS®

APN: 110200-086-042-0001-027-000-0000

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