NOT LISTED FOR SALE

56 Lincoln Ave Cortland, NY 13045

Estimated Value: $213,000 - $254,445

9 Beds
2 Baths
2,732 Sq Ft
$84/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $182,000 $67 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,701/month

310 Days on Market

About This Home

As of July 2021

Well maintained large duplex near SUNY Cortland. Property is legal for 9 students. Currently being used as a 3 bedroom down and 3 bedroom up. Potential for 3 more bedrooms on 3rd floor. Great rental history.

Last Agent to Sell the Property

Mark Skodzinsky

Listing by Berkshire Hathaway HomeServices Heritage Realty License #10301207152 Listed on: 06/10/2020

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Mark Skodzinsky

Listing by Berkshire Hathaway HomeServices Heritage Realty License #10301207152 Listed on: 06/10/2020

Berkshire Hathaway HomeServices Heritage Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1888

Lot Details

  • Lot Dimensions are 135 x 60

Parking

  • Stone Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 2,732 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 86.49-03-29.000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1888

Lot Details

0

Listing Details

  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 200000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 135
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Homer Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 66.62
  • Ratio List Price By Sq Ft: 69.18
  • Regional Board Code: Syracuse
  • Rent Includes: All Utilities
  • School Tax: 3924
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 134
  • Year Built: 1888
  • Directions To Property: Homer Ave to Lincoln Ave
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1888

Interior Features

  • Attic Description: Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2732

Exterior Features

  • Construction: Frame

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Cortland

Lot Info

  • Parcel Number: 86.49-03-29.000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 10518

MLS Schools

  • School District Name: Cortland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 1, 2021
Sold by
Rella Dawn
Bought by
Micon Cortland Llc
Seller's Agent
Mark Skodzinsky
Berkshire Hathaway HomeServices Heritage Realty
Buyer's Agent
Mark Skodzinsky
Berkshire Hathaway HomeServices Heritage Realty
List Price
$199,000
Sold Price
$182,000
Premium/Discount to List
-$17,000
-8.54%
Current Estimated Value
$229,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,861
Avg. Annual Appreciation
3.81%
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
Micon Cortland Llc $232,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $182,000 -3.7% $67 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
09/11/2020 09/11/20 Price Changed $189,000 -5.0% $69 / Sq Ft
06/10/2020 06/10/20 For Sale $199,000 -- $73 / 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 $5,391 $215,000 $15,900 $199,100
2023 $9,726 $182,000 $11,100 $170,900
2022 $10,294 $182,000 $11,100 $170,900
2021 $10,736 $200,000 $11,100 $188,900
2020 $7,577 $200,000 $11,100 $188,900
2019 $3,718 $110,200 $11,100 $99,100
2018 $5,866 $110,200 $11,100 $99,100
2017 $5,698 $110,200 $11,100 $99,100
2016 $6,522 $110,200 $11,100 $99,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mark Skodzinsky

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 423-4363

    75 in this area

    103 Total Sales

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1270780

Cortland County Board of REALTORS®

APN: 110200-086-049-0003-029-000-0000

New York Cortland County Cortland 13045

56 Lincoln Ave, Cortland, NY

This home is located at 56 Lincoln Ave, Cortland, NY 13045 since 10 June 2020 and is currently estimated at $229,861, approximately $84 per square foot. This property was built in 1888. 56 Lincoln Ave is a home located in Cortland County with nearby schools including Alton B Parker School, Cortland Junior/Senior High School, and St. Mary's School.

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