NOT LISTED FOR SALE

57 Groton Ave Cortland, NY 13045

Estimated Value: $192,800 - $280,000

6 Beds
2 Baths
2,064 Sq Ft
$109/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $131,400 $64 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,574/month

6 Days on Market

Highlights

  • Forced Air Cooling System
  • Wall to Wall Carpet
  • Heating System Uses Gas
  • High Speed Internet

About This Home

As of May 2013

A fantastic location for students! This property is currently fully rented to students. Both refrigerators and stoves new the beginning of the school year, hot water heater new in 2009, roof replaced in 2004. Students pay their own electric. This is a great investment opportunity.

Last Agent to Sell the Property

Helen Ackerman

Listing by Howard Hanna Real Estate Listed on: 01/24/2013

Last Buyer's Agent

Reciprocal Reciprocal

Listing by RECIPROCAL CORTLAND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,621

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 171 x 70

Parking

  • 1 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House
  • Range Hood

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes cooking gas, furnished, grounds maintenance, heat, hot water, snow removal, water
  • Assessor Parcel Number 110200-086-057-0002-004-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,621

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 113
  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 140000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 171
  • Lot Dimension Front: 70
  • Lot Information: Primary Road
  • L P Per Acre: 481785.7100
  • List Price per Sq Ft: 65.3585
  • Nearest Cross Street: Homer Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 469285.71
  • Ratio Close Price By Sq Ft: 63.66
  • Ratio List Price By Acres: 481785.71
  • Ratio List Price By Sq Ft: 65.36
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Cooking Gas, Furnished, Grounds Maintenance, Heat, Hot Water, Snow Removal, Water
  • School Tax: 2455
  • Sale Price List Price: 0.9740
  • S P Per Acre: 469285.7100
  • S P Per Sq Ft: 63.6600
  • Sub Board Code: Cortland
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 134900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: On Groton Ave. across from Tallmadge Tire.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 12
  • Total Sq Ft: 2064

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.2800

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Cortland
  • Middle School: Other - See Remarks

Lot Info

  • Parcel Number: 110200-086-057-0002-004-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 6621

MLS Schools

  • School District Name: Cortland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2019
Sold by
Lestina Beach Road Re
Bought by
Wydell Properties Llc
Current Estimated Value
$225,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,466
Outstanding Balance
$273,952
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
-$48,502
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
Wydell Properties Llc $138,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wydell Properties Llc $309,466
Previous Owner Lestina Beach Road Real Estate Inc $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2013 05/28/13 Sold $131,400 -2.6% $64 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $134,900 -- $65 / 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 $4,255 $180,000 $20,400 $159,600
2023 $7,595 $140,000 $14,300 $125,700
2022 $7,418 $140,000 $14,300 $125,700
2021 $7,486 $140,000 $14,300 $125,700
2020 $7,598 $140,000 $14,300 $125,700
2019 $4,897 $140,000 $14,300 $125,700
2018 $7,626 $140,000 $14,300 $125,700
2017 $7,159 $140,000 $14,300 $125,700
2016 $7,142 $140,000 $14,300 $125,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S284606

Cortland County Board of REALTORS®

APN: 110200-086-057-0002-004-000-0000