NOT LISTED FOR SALE

70 1/2 Elm St Cortland, NY 13045

Estimated Value: $131,000 - $183,000

6 Beds
3 Baths
2,306 Sq Ft
$70/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $114,000 $49 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,136/month

16 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of October 2020

This home features 3-2 bedroom apartments. 2 apartments on the main level and 1 apartment on the 2nd floor. Separate utilities for each unit. This is a good investment property or owner occupy one unit and have the other units pay your mortgage. There is off street parking, is fully rented with excellent rental history. It has a deep lot and is convenient to parks and Downtown Cortland.

Last Agent to Sell the Property

Rosemary Rukavena

Listing by Warren Real Estate of Ithaca License #30RU0938509 Listed on: 06/09/2020

Last Buyer's Agent

Nicole Wynn

Listing by Yaman Real Estate License #30WY0880651

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,762

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 308 x 36

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,306 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Cortland Junior-Senior High School

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 86.52-01-25.000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,762

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 88000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 308
  • Lot Dimension Front: 36
  • Lot Information: Secondary Road
  • Nearest Cross Street: Pendleton
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 49.44
  • Ratio List Price By Sq Ft: 54.21
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 1778
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Rt. 13N, left on Church St., 3rd right onto Elm St., property on left.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Total Sq Ft: 2306

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, Gas

Schools

  • School District: Cortland
  • High School: Cortland Junior-Senior High

Lot Info

  • Parcel Number: 86.52-01-25.000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 4762

MLS Schools

  • High School Name: Cortland Junior-Senior High
  • School District Name: Cortland

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $114,000 -8.8% $49 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $125,000 -- $54 / 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 $3,448 $145,000 $19,500 $125,500
2023 $3,552 $100,000 $13,600 $86,400
2022 $1,920 $100,000 $13,600 $86,400
2021 $3,418 $100,000 $13,600 $86,400
2020 $2,985 $88,000 $13,600 $74,400
2019 $2,698 $88,000 $13,600 $74,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cortland County Board of REALTORS®

MLS Number: S1270146

Cortland County Board of REALTORS®

APN: 110200 86.52-01-25.000