NOT LISTED FOR SALE

71 Madison St Cortland, NY 13045

Estimated Value: $115,000 - $127,000

4 Beds
2 Baths
1,736 Sq Ft
$70/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2025

Last sale price $120,000 $69 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $906 / mo

26 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Garage
  • Rectangular Lot
  • Forced Air Heating System
  • High Speed Internet
  • 3-minute walk to Suggett Park

About This Home

As of June 2025

Newer roofs and replacement windows are updates included with this conveniently located property near park. Tenants have been there approximately 10 and 15 years which is why rents are below market rate. Upstairs tenant maintains lawn and does snow removal. Separate utilities for each unit with exception of water. Both units have a separate washer and dryer in basement which are included along with 2 stoves and 2 refrigerators. Vinyl siding. Please give 24 hour notice to show.

Last Agent to Sell the Property

Sally Brown Kurtz

Listing by Hage Real Estate Brokerage Phone: 607.345.5353 License #30KU0733996 Listed on: 04/10/2025

Last Buyer's Agent

Kaitlin Berry

Listing by Berkshire Hathaway HomeServices Heritage Realty License #10491209803

Berkshire Hathaway HomeServices Heritage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,455

Year Built

  • Built in 1900

Lot Details

  • 3,455 Sq Ft Lot
  • Lot Dimensions are 41x84
  • Rectangular Lot

Parking

  • 1 Car Garage
  • Common or Shared Parking

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes trash collection, water
  • Tax Lot 7
  • Assessor Parcel Number 110200-086-049-0001-007-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,455

Year Built

Built in 1900

Lot Details

3,455 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks, Trash Collection, Water
  • Year Built: 1900
  • Attribution Contact: 607.345.5353
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.0793
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Common, Other, See Remarks, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Cortland

Lot Info

  • Parcel Number: 110200-086-049-0001-007-000-0000
  • Lot Dimensions: 41X84
  • Lot Size Sq Ft: 3455.0
  • 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: 4455.0
  • Tax Lot: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
Jun 18, 2025
Sold by
Bought by
Seller's Agent
Sally Brown Kurtz
Hage Real Estate
Buyer's Agent
Kaitlin Berry
Berkshire Hathaway HomeServices Heritage Realty
List Price
$160,000
Sold Price
$120,000
Premium/Discount to List
-$40,000
-25%
Views
46
Current Estimated Value
$121,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,604
Avg. Annual Appreciation
1.28%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$120,000 None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $120,000 -25.0% $69 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $160,000 -- $92 / Sq Ft
Source: Cortland County Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,040 $125,000 $10,600 $114,400
2024 $4,667 $125,000 $10,600 $114,400
2023 $4,565 $83,200 $7,400 $75,800
2022 $4,489 $83,200 $7,400 $75,800
2021 $4,529 $83,200 $7,400 $75,800
2020 $2,877 $83,200 $7,400 $75,800
2019 $2,807 $83,200 $7,400 $75,800
2018 $4,314 $83,200 $7,400 $75,800
2017 $4,314 $83,200 $7,400 $75,800
2016 $4,314 $83,200 $7,400 $75,800
2015 -- $83,200 $7,400 $75,800
2014 -- $83,200 $7,400 $75,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1598714

Cortland County Board of REALTORS®

APN: 110200-086-049-0001-007-000-0000

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