Seller's Agent in 2025
Bethany Huey
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 351-3131
3 in this area
94 Total Sales
4 Washington St Cortland, NY 13045
6
Beds
2.5
Baths
2,282
Sq Ft
3,049
Sq Ft Lot
Highlights
- Property is near public transit
- Baseboard Heating
- Rectangular Lot
- Zoned Heating and Cooling
- High Speed Internet
- Carpet
About This Home
As of June 2025Charming Duplex in Cortland, NY Welcome to this well-maintained duplex offering a lucrative investment opportunity in Cortland, NY. The front unit boasts 3 bedrooms, 1.2 baths, and a spacious open living room/dining room combo and a recently updated kitchen. Meanwhile, the rear unit features 3 bedrooms, 1.5 baths, and an inviting eat-in kitchen. Additional flexibility is found with tenants utilizing a lower-level room as a bedroom. Rental Income: Currently, the front unit rent for $1,100/month, while the rear unit generates $1,700/month, presenting substantial rental income. Each unit includes private laundry facilities, and tenants cover their own utilities, excluding water/sewer. Explore the endless possibilities this property offers, whether as an income generator or a dual-residence investment. Don't miss out on this amazing opportunity.
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-351-3131 License #10401237932 Listed on: 03/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,990
Year Built
- Built in 1880
Lot Details
- 3,038 Sq Ft Lot
- Lot Dimensions are 36x80
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
- Architectural Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,282 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
Location
- Property is near public transit
Schools
- F E Smith Elementary School
- Cortland Junior-Senior High School
Utilities
- Zoned Heating and Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 86.51-02-03.000
Community Details
Overview
- Association fees include water
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2025
Closed on
Jun 5, 2025
Sold by
Nobles Andrew M
Bought by
Perrine David Lyman and Lynch Sean Michael
Seller's Agent
Bethany Huey
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$235,000
Sold Price
$222,500
Premium/Discount to List
-$12,500
-5.32%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,104
Avg. Annual Appreciation
-5.40%
Original Mortgage
$200,250
Outstanding Balance
$199,731
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$13,342
Purchase Details
Closed on
Aug 27, 2021
Sold by
Gfi Properties Llc
Bought by
Nobles Andrew M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,915
Interest Rate
2.7%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $222,500 | Stewart Title | |
| Warranty Deed | $120,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,250 | New Conventional | |
| Previous Owner | $101,915 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | Sold | $222,500 | -5.3% | $98 / Sq Ft |
| 03/24/2025 03/24/25 | For Sale | $235,000 | -- | $103 / Sq Ft |
Source: Ithaca 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 | $5,278 | $140,000 | $10,000 | $130,000 |
| 2023 | $5,206 | $95,000 | $7,000 | $88,000 |
| 2022 | $4,056 | $95,000 | $7,000 | $88,000 |
| 2021 | $3,452 | $62,000 | $7,000 | $55,000 |
| 2020 | $2,232 | $62,000 | $7,000 | $55,000 |
| 2019 | $2,186 | $62,000 | $7,000 | $55,000 |
| 2018 | $3,181 | $62,000 | $7,000 | $55,000 |
| 2017 | $3,181 | $62,000 | $7,000 | $55,000 |
| 2016 | $3,181 | $62,000 | $7,000 | $55,000 |
| 2015 | -- | $62,000 | $7,000 | $55,000 |
| 2014 | -- | $62,000 | $7,000 | $55,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bethany Huey
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1595114
APN: 110200-086-051-0002-003-000-0000
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