NOT LISTED FOR SALE

7 Clinton Ave Cortland, NY 13045

Estimated Value: $208,718

-- Bed
-- Bath
2,874 Sq Ft
$73/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $135,000 $47 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,465/month

213 Days on Market

About This Home

As of April 2021

Wonderful Investment Opportunity! Perfect storefront or office space with great foot traffic in Downtown Cortland. 4 rentals upstairs with endless potential. A must see!

Last Agent to Sell the Property

Kendra Drake

Tompkins Cortland Real Estate Brokerage Email: kendrake7860@gmail.com License #10401316563 Listed on: 08/15/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,931

Year Built

  • Built in 1960

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,874 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Parking Available
  • No Driveway
  • On-Street Parking
  • Off-Site Parking

Utilities

  • Forced Air Heating System
  • Hot Water Heating System

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 110200-86.58.02-02-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,931

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Multi Family
  • Lot Size Acres: 0.03
  • Directions: From Rt 13 go until Route 281, turn right at the light. Continue on Groton Ave until the Intersection of Main Street/Clinton Ave. Continue straight through light..property is on the right hand side.
  • Year Built: 1960
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: kendrake7860@gmail.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Basement YN: Yes
  • Living Area: 2874.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stone
  • Roof: Other, See Remarks

Garage/Parking

  • Parking Features: Concrete, No Driveway, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

  • Heating: Forced Air, Hot Water
  • Heating Yn: Yes
  • Utilities: Sewer Available, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Cortland
  • Middle Or Junior School: Other - See Remarks

Lot Info

  • Lot Size Sq Ft: 1307.0
  • Parcel #: 110200-86.58.02-02-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Apr 7, 2021
Sold by
Allen Shannon M
Bought by
Blumenfeld Joseph
Seller's Agent
Kendra Drake
Tompkins Cortland Real Estate
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$208,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,718
Avg. Annual Appreciation
9.78%
Original Mortgage
$95,000
Outstanding Balance
$86,513
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$116,240
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Blumenfeld Joseph $540 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blumenfeld Joseph $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $135,000 -3.6% $47 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
08/15/2020 08/15/20 For Sale $140,000 -- $49 / 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 $3,931 $150,000 $24,200 $125,800
2023 $5,277 $99,000 $16,900 $82,100
2022 $5,418 $99,000 $16,900 $82,100
2021 $5,466 $99,000 $16,900 $82,100
2020 $5,261 $99,000 $16,900 $82,100
2019 $3,351 $99,000 $16,900 $82,100
2018 $5,281 $99,000 $16,900 $82,100
2017 $5,057 $99,000 $16,900 $82,100
2016 $4,991 $99,000 $16,900 $82,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kendra Drake

    Tompkins Cortland Real Estate

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB402744

APN: 110200-086-058-0002-002-000-0000

New York Cortland County Cortland 13045

7 Clinton Ave, Cortland, NY

This home is located at 7 Clinton Ave, Cortland, NY 13045 since 15 August 2020 and is currently estimated at $208,718, approximately $72 per square foot. This property was built in 1960. 7 Clinton 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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