NOT LISTED FOR SALE

47 Madison St Cortland, NY 13045

Estimated Value: $127,000 - $165,000

3 Beds
1.5 Baths
1,568 Sq Ft
$91/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $118,000 $75 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,016/month

249 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Formal Dining Room
  • Old Style Architecture
  • Solid Surface Countertops
  • 3-minute walk to Suggett Park

About This Home

As of May 2023

Looking for a great home in a great location? Look no further! Big ticket items have been done for you, such as, new roof, furnace, hot water heater and a freshly painted exterior! Hardwood flooring, 1st floor laundry and bathroom makes this home convenient, not to mention, its flooded with an abundance of natural light! All of this within walking distance to a beautiful public park! Call today for a private tour!

Last Agent to Sell the Property

Jaimie Beers

Listing by Hage Real Estate License #10401301448 Listed on: 07/14/2022

Last Buyer's Agent

Timothy Clements

Listing by For Sale Realty License #37CL0854582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,239

Year Built

  • Built in 1880

Lot Details

  • 5,086 Sq Ft Lot
  • Lot Dimensions are 101 x 50

Home Design

  • Old Style Architecture
  • Stone Foundation

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Country Kitchen
  • Range Hood
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Cortlandville Community
  • Cortlandville Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 110200-086-041-0003-027-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,239

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 59900
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 101
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 27
  • Nearest Cross Street: Homer Ave
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1010273.97
  • Ratio Close Price By Sq Ft: 75.26
  • Ratio List Price By Acres: 1070205.48
  • Ratio List Price By Sq Ft: 79.72
  • Regional Board Code: Syracuse
  • School Tax: 1179
  • Styles of Residence: Old Style
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5086
  • Age of Building: 143
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1568
  • Directions To Property: Homer Ave to Madison St
  • Sq Ft Total Pub: 1568
  • Subdivision Comm Complex: Cortlandville
  • Attribution Contact: 607-283-6324
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Bonus Room, Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric, Range Hood-Exhaust Fan, Refrigerator
  • Kitchen Dining Description: Country Kitchen, Formal Dining Room, Solid Surface Counter
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 9
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1568

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1168

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Cortland

Lot Info

  • Parcel Number: 110200-086-041-0003-027-000-0000

Tax Info

  • Total Taxes: 3239

MLS Schools

  • School District Name: Cortland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
May 15, 2023
Sold by
Nair Mohan
Bought by
Burnard Joseph and Chrysler Burnard Alicia
Seller's Agent
Jaimie Beers
Hage Real Estate
Buyer's Agent
Timothy Clements
For Sale Realty
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%
Views
192
Current Estimated Value
$143,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,022
Avg. Annual Appreciation
8.88%
Original Mortgage
$113,000
Outstanding Balance
$110,039
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$32,983
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
Burnard Joseph $118,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnard Joseph $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $118,000 -5.6% $75 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $125,000 +5.9% $80 / Sq Ft
01/14/2023 01/14/23 Off Market $118,000 -- --
10/18/2022 10/18/22 Price Changed $125,000 -7.4% $80 / Sq Ft
08/26/2022 08/26/22 Price Changed $135,000 -6.9% $86 / Sq Ft
07/28/2022 07/28/22 Price Changed $145,000 -12.1% $92 / Sq Ft
07/14/2022 07/14/22 For Sale $165,000 -- $105 / 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 $2,857 $120,000 $12,400 $107,600
2023 $4,581 $85,000 $8,700 $76,300
2022 $3,210 $59,900 $8,700 $51,200
2021 $3,239 $59,900 $8,700 $51,200
2020 $3,190 $59,900 $8,700 $51,200
2019 $2,035 $59,900 $8,700 $51,200
2018 $3,202 $59,900 $8,700 $51,200
2017 $3,036 $59,900 $8,700 $51,200
2016 $3,429 $59,900 $8,700 $51,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1420813

Cortland County Board of REALTORS®

APN: 110200-086-041-0003-027-000-0000