NOT LISTED FOR SALE

4 East Ave Cortland, NY 13045

Estimated Value: $129,000 - $159,000

4 Beds
2 Baths
1,595 Sq Ft
$88/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $81,620 $51 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $984/month

93 Days on Market

Highlights

  • Deck
  • Shed
  • 3-minute walk to Dexter Park
  • Forced Air Cooling System
  • Rectangular Lot

About This Home

As of March 2015

Substantial price reduction!! Now is your opportunity to own this great rental property as an investment or owner occupied on quiet street. Taken advantage of having a tenant that will contribute substantially to paying your mortgage and the tax write offs too. Great time to get started in the rental business! Left unit up/right down. Vinyl siding & roof about 10 years ago. Shared parking area. Nice back yard with deck for lower unit. Laundry hook-ups both units. Thoma Development has a block program for multi-family owner occupied to help with purchase and renovations/repairs desired.

Last Agent to Sell the Property

Joanne Sweeney

Listing by Berkshire Hathaway HomeServices Heritage Realty License #10301210328 Listed on: 10/19/2014

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Jamie Yaman

Listing by Yaman Real Estate License #10491206200

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 1890

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 111 x 50
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,595 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Kitchen

  • Free-Standing Range
  • Range Hood

Flooring

  • Linoleum
  • Laminate

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

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

Listing and Financial Details

  • Rent includes grounds maintenance, snow removal, water
  • Assessor Parcel Number 110200-087-053-0002-006-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,267

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 124
  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 65400
  • Foundation Description: Stone
  • Gross Annual Income: 14400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 111
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 614615.3800
  • List Price per Sq Ft: 50.0940
  • Nearest Cross Street: Central Avenue
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 627846.15
  • Ratio Close Price By Sq Ft: 51.17
  • Ratio List Price By Acres: 614615.38
  • Ratio List Price By Sq Ft: 50.09
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Grounds Maintenance, Snow Removal, Water
  • School Tax: 1204
  • Sale Price List Price: 1.0215
  • S P Per Acre: 627846.1500
  • S P Per Sq Ft: 51.1700
  • Sub Board Code: Cortland
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 79900.00
  • Year Built Description: Existing
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: Located between Port Watson and Central just off Central end.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Electrical Fuses - some, Laundry- Separate Hook ups- Some
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Laminate-Some, Linoleum/Vinyl
  • Kitchen Appliances Included: Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Rooms: 10
  • Total Sq Ft: 1595

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck
  • Number of Acres: 0.1300

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

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

Schools

  • School District: Cortland
  • Middle School: Other - See Remarks

Lot Info

  • Parcel Number: 110200-087-053-0002-006-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3267

MLS Schools

  • School District Name: Cortland

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $81,620 -9.2% $51 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
10/19/2014 10/19/14 For Sale $89,900 -- $56 / 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 $2,898 $120,000 $12,900 $107,100
2023 $3,602 $65,400 $9,000 $56,400
2022 $3,567 $65,400 $9,000 $56,400
2021 $3,599 $65,400 $9,000 $56,400
2020 $3,454 $65,400 $9,000 $56,400
2019 $2,192 $65,400 $9,000 $56,400
2018 $3,467 $65,400 $9,000 $56,400
2017 $3,395 $65,400 $9,000 $56,400
2016 $3,317 $65,400 $9,000 $56,400
Source: Public Records

Agents Affiliated with this Home

  • Joanne Sweeney

    Seller's Agent in 2015

    Joanne Sweeney

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 423-5623

    30 in this area

    76 Total Sales

    Joanne Sweeney
    Section Image
  • Jamie Yaman

    Buyer's Agent in 2015

    Jamie Yaman

    Yaman Real Estate

    (607) 423-1369

    12 in this area

    42 Total Sales

    Jamie Yaman
    Section Image
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Map

Source: Cortland County Board of REALTORS®

MLS Number: S321772

Cortland County Board of REALTORS®

APN: 110200-087-053-0002-006-000-0000

New York Cortland County Cortland 13045

4 East Ave, Cortland, NY

This home is located at 4 East Ave, Cortland, NY 13045 since 19 October 2014 and is currently estimated at $140,541, approximately $88 per square foot. This property was built in 1890. 4 East Ave is a home located in Cortland County with nearby schools including Randall Middle School, Cortland High School, and St. Mary's School.

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