NOT LISTED FOR SALE

5 Melvin Ave Cortland, NY 13045

Estimated Value: $269,000 - $312,781

4 Beds
2.5 Baths
2,088 Sq Ft
$136/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2024

Last sale price $265,000 $127 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,937 / mo

2 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Solid Surface Countertops
  • Attic
  • Separate Formal Living Room
  • Den

About This Home

As of September 2024

Welcome to this 4 bedroom, 2.5 bath, 3 story spacious home! This property is located a short distance from the Cortland Water Works, local restaurants, and stores. The wrap around floor plan brings you through the grand living room including a den with outdoor access, dining room, and kitchen. Upstairs you'll find the multiple bedrooms, including one with a connected full bath. The additional bedroom and full bath in the finished attic offer flexibility. Making it perfect for privacy or office space. Offering an easy to maintain yard and a detached garage, leaving this home with many possibilities. Close proximity to RT 81 and a short commute to Ithaca. Schedule to see this home today!

Last Agent to Sell the Property

Brianne Cooley

Listing by Hage Real Estate Brokerage Phone: 607.745.8990 License #10401381939 Listed on: 07/01/2024

Last Buyer's Agent

Merri Goodrow

Listing by Warren Real Estate of Ithaca Inc. License #10401386290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,845

Year Built

  • Built in 1934

Lot Details

  • 6,176 Sq Ft Lot
  • Lot Dimensions are 66x93
  • Partially Fenced Property
  • Rectangular Lot
  • Historic Home

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Laundry Room
  • Attic

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Patio
  • Awning

Utilities

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

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 110200-086-056-0001-003-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,845

Year Built

Built in 1934

Lot Details

6,176 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1934
  • Attribution Contact: 607.745.8990
  • ResoLaundryFeatures: In Basement
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From St Rte 281, turn onto Groton Ave, right hand turn on Melvin Ave. GPS works for this property
  • Architectural Style: Historic/Antique
  • Flooring: Hardwood, Tile, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Attic, Den, Separate/Formal Dining Room, Separate/Formal Living Room, Solid Surface Counters, Bath in Primary Bedroom
  • Year Built Details: Existing
  • Power Production Type: Photovoltaics
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.1418
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Awning(s), Blacktop Driveway, Fence, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Cortland

Lot Info

  • Parcel Number: 110200-086-056-0001-003-000-0000
  • Lot Dimensions: 66X93
  • Lot Size Sq Ft: 6176.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6845.0
  • Tax Lot: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Sep 11, 2024
Sold by
Bought by
Seller's Agent
Brianne Cooley
Hage Real Estate
Buyer's Agent
Merri Goodrow
Warren Real Estate of Ithaca Inc.
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Views
19
Current Estimated Value
$284,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,195
Avg. Annual Appreciation
4.17%
Original Mortgage
$165,000
Outstanding Balance
$161,770
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$122,425
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$265,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $165,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/18/2024 09/18/24 Sold $265,000 +1.9% $127 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $260,000 -- $125 / Sq Ft
Source: Cortland County Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,148 $260,000 $13,600 $246,400
2024 $7,618 $225,000 $13,600 $211,400
2023 $7,047 $140,000 $9,500 $130,500
2022 $6,885 $140,000 $9,500 $130,500
2021 $6,944 $140,000 $9,500 $130,500
2020 $4,722 $140,000 $9,500 $130,500
2019 $4,651 $140,000 $9,500 $130,500
2018 $6,444 $140,000 $9,500 $130,500
2017 $6,444 $140,000 $9,500 $130,500
2016 $6,444 $140,000 $9,500 $130,500
2015 -- $140,000 $9,500 $130,500
2014 -- $140,000 $9,500 $130,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1546895

Cortland County Board of REALTORS®

APN: 110200-086-056-0001-003-000-0000

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