$175,000
SOLD JUL 23, 2024

70 Elm St Cortland, NY 13045

4 Beds
2 Baths
2,458 Sq Ft
4,742 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

13 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Partially Fenced Property
  • Forced Air Heating System
  • 1 Car Garage

About This Home

As of July 2024

This charming two-family home offers the perfect blend of comfort, convenience, and investment potential in the heart of Cortland. Two spacious 2-bedroom units, each with 1 bath, this property is ideal for both homeowners and savvy investors seeking rental income. Being located in the vibrant community of Cortland, residents will appreciate easy access to local amenities, parks, and more. Don't miss out on this fantastic opportunity to own a piece of Cortland real estate!

Last Agent to Sell the Property

Anita Bryan

Listing by Howard Hanna Brokerage Phone: 607.257.0800 License #10301219798

Last Buyer's Agent

William Rich

Listing by Hunt Real Estate ERA License #10401366553

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 1890

Lot Details

  • 4,742 Sq Ft Lot
  • Lot Dimensions are 49x95
  • Partially Fenced Property

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,458 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes gardener, water
  • Tax Lot 26
  • Assessor Parcel Number 110200-086-052-0001-026-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,578

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Water
  • Year Built: 1890
  • Attribution Contact: 607.257.0800
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Directions: Tompkins St- left on Pomeroy- left on Elm- House will be on your right
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.1
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Fence
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Gravel, Two or More Spaces, Unpaved

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: 110200-086-052-0001-026-000-0000
  • Lot Dimensions: 49X95
  • Lot Size Sq Ft: 4742.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3578.0
  • Tax Lot: 26
  • Tax Other Annual Assessment Amount: 113.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jun 28, 2024
Sold by
Hodges David G
Bought by
Vieira Kyra L and Morales Jaime
Seller's Agent
Anita Bryan
Howard Hanna
Buyer's Agent
William Rich
Hunt Real Estate ERA
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%
Total Days on Market
13
Views
14
Current Estimated Value
$176,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,980
Avg. Annual Appreciation
0.44%
Original Mortgage
$166,250
Outstanding Balance
$165,543
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$10,116

Map

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 Type Sale Price Title Company
Warranty Deed $175,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $166,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $175,000 +0.1% $71 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $174,900 -- $71 / Sq Ft
Source: Cortland County Board of REALTORS®

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 $2,862 $120,000 $12,000 $108,000
2023 $3,607 $65,000 $8,400 $56,600
2022 $3,554 $65,000 $8,400 $56,600
2021 $3,586 $65,000 $8,400 $56,600
2020 $3,426 $65,000 $8,400 $56,600
2019 $2,172 $65,000 $8,400 $56,600
2018 $3,439 $65,000 $8,400 $56,600
2017 $3,421 $65,000 $8,400 $56,600
2016 $3,347 $65,000 $8,400 $56,600
Source: Public Records

Source: Cortland County Board of REALTORS®

MLS Number: S1536440

Cortland County Board of REALTORS®

APN: 110200-086-052-0001-025-000-0000