NOT LISTED FOR SALE

461 Cortland Rd Groton, NY 13073

Estimated Value: $138,000 - $295,000

5 Beds
2 Baths
3,312 Sq Ft
$58/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $120,000 $36 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $779/month

124 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Farmhouse Style Home
  • 1.92 Acre Lot
  • Main Floor Primary Bedroom
  • Circular Driveway

About This Home

As of June 2023

New Price Alert - calling all renovation house hunters! This classic 2-story home has a total of 5 beds/2 baths with the potential to convert the upstairs as a separate 3 bed/1 bath income apartment. Partial renovations were started but there's opportunity to design your own updates. A large open kitchen and dining area with a great view featuring daily sunrises flooding the spaces with natural light. Also nice views to the West overlooking Cortland Road, especially upstairs. Large laundry room/mudroom on the main floor with access to backyard. Some newer windows. Barn has potential for conversion to storage space (former dairy barn). Located just outside the Village of Groton - so it's very convenient to shops plus a bonus: connected to municipal water. Also a convenient commute to Groton/Dryden or Moravia/Syracuse. Priced well below current tax assessment - envision your homeownership journey here with space to grow and build equity!

Last Agent to Sell the Property

Christine DelVecchio

Warren Real Estate of Ithaca Inc. License #30DE0840160 Listed on: 01/23/2023

Last Buyer's Agent

Jean Loew

Howard Hanna S Tier Inc License #10401345325

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1860

Lot Details

  • 1.92 Acre Lot
  • Partially Fenced Property

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,312 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Built-In Range
  • Range Hood
  • Recirculated Exhaust Fan

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • No Garage
  • Circular Driveway

Outdoor Features

  • Shed
  • Outbuilding

Schools

  • Groton Elementary School
  • Groton Middle School

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Septic Tank
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 121.-1-11.1

Home Details

Home Type

Single Family

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.92
  • Directions: From Ithaca follow rte 38 into Groton. From downtown Groton head East on rte 222 towards Cortland. House is on the left just outside of Groton Village. Any/all offers to be submitted to the listing agent email by 12noon EST on Mon
  • Architectural Style: Farmhouse, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1860
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Exhaust Fan, Refrigerator, Range Hood
  • Has Basement: Dirt Floor, Exterior Entry, Full, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Amenities: Eat-in Kitchen, Other, See Remarks, Main Level Primary
  • Living Area: 3312.0
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame, Other, See Remarks, Wood Siding
  • Exterior Features: Fence
  • Foundation Details: Stone
  • Other Structures: Barn(s), Outbuilding, Shed(s), Storage
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage, Circular Driveway

Utilities

  • Heating: Oil, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Groton Elementary
  • Junior High Dist: Groton
  • Middle Or Junior School: Groton Middle

Lot Info

  • Lot Size Sq Ft: 83635.0
  • Parcel #: 121.-1-11.1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Jun 26, 2023
Sold by
Talbot Brenda
Bought by
Adams Mary
Seller's Agent
Christine DelVecchio
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Jean Loew
Howard Hanna S Tier Inc
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$142,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,279
Avg. Annual Appreciation
25.29%
Original Mortgage
$114,000
Outstanding Balance
$111,284
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,265
Source: Public Records

Range of Values:

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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
Adams Mary $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Mary $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $120,000 -4.0% $36 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $125,000 -- $38 / Sq Ft
Source: Ithaca 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 -- $120,000 $15,900 $104,100
2023 $0 $125,000 $15,900 $109,100
2022 $0 $185,000 $15,900 $169,100
2021 -- $180,000 $15,900 $164,100
2020 $0 $180,000 $15,900 $164,100
2019 $0 $165,000 $15,900 $149,100
2018 $0 $165,000 $15,900 $149,100
2017 $0 $165,000 $15,100 $149,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christine DelVecchio

    Warren Real Estate of Ithaca Inc.

    Section Image

  • J

    Buyer's Agent in 2023

    Jean Loew

    Howard Hanna S Tier Inc

See All Agents

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB408002

APN: 502889 121.-1-11.1

New York Tompkins County Groton Township 13073

461 Cortland Rd, Groton Township, NY

This home is located at 461 Cortland Rd, Groton, NY 13073 since 23 January 2023 and is currently estimated at $193,549, approximately $58 per square foot. This property was built in 1860. 461 Cortland Rd is a home located in Tompkins County with nearby schools including Groton Elementary School and Groton Junior/Senior High School.

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