NOT LISTED FOR SALE

74 Lincoln Ave Cortland, NY 13045

Estimated Value: $163,000 - $201,000

5 Beds
3 Baths
2,256 Sq Ft
$81/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $128,000 $57 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,118/month

243 Days on Market

About This Home

As of December 2017

Three units, 1,2 and 3 bedroom. Month to month residential tenants. Would make excellent owner occupied with the other two units helping to pay the mortgage and expenses. Apt# 3 recently renovated. Easy access to College Campus giving the option to make student housing. Common area coin-op laundry. Updates in the last 4 years; roof, 2 boilers and one water heater. Rents include everything except cable and internet and blue bags for City garbage collection. Present owners do not have to pay flood insurance.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,719

Year Built

  • Built in 1900

Lot Details

  • 7,840 Sq Ft Lot
  • Lot Dimensions are 58x137

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Kitchen

  • Gas Oven
  • Gas Range

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 110200 86.49-03-38.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,719

Year Built

Built in 1900

Lot Details

7,840 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 58X137
  • Water Body Name: None
  • Directions: Route 13 from Ithaca to Rt 281,right on Groton Ave, left on Woodruff, right on Lincoln. House on the left.
  • Year Built: 1900
  • Attribution Contact: joanne@hometoheritage.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator, See Remarks
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Foundation Details: Block, Stone
  • Roof: Asphalt

Utilities

  • Laundry Features: Common Area
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Other - See Remarks
  • Junior High Dist: Cortland

Lot Info

  • Lot Size Sq Ft: 7840.0
  • Parcel #: 110200 86.49-03-38.000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5719.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Mercer Estate Cortland Llc
Bought by
Room Services I Llc
Current Estimated Value
$181,721
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Room Services I Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2017 12/20/17 Sold $128,000 -1.5% $57 / Sq Ft
12/20/2017 12/20/17 Sold $130,000 -3.6% $58 / Sq Ft View Prior Sale
11/20/2017 11/20/17 Pending -- -- --
10/03/2017 10/03/17 Pending -- -- --
09/09/2017 09/09/17 Price Changed $134,900 0.0% $60 / Sq Ft
03/21/2017 03/21/17 For Sale $134,900 -3.6% $60 / Sq Ft
03/20/2017 03/20/17 For Sale $139,900 -- $62 / Sq Ft
Source: Ithaca 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 $6,115 $155,000 $15,600 $139,400
2023 $7,003 $128,000 $10,900 $117,100
2022 $6,969 $128,000 $10,900 $117,100
2021 $7,030 $128,000 $10,900 $117,100
2020 $4,357 $128,000 $10,900 $117,100
2019 $4,469 $128,000 $10,900 $117,100
2018 $5,730 $128,000 $10,900 $117,100
2017 $5,730 $112,000 $10,900 $101,100
2016 $5,730 $112,000 $10,900 $101,100
2015 -- $112,000 $10,900 $101,100
2014 -- $112,000 $10,900 $101,100
Source: Public Records

Agents Affiliated with this Home

  • Joanne Sweeney

    Seller's Agent in 2017

    Joanne Sweeney

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 423-5623

    28 in this area

    67 Total Sales

    Joanne Sweeney
    Section Image

  • P

    Buyer's Agent in 2017

    Philip Henry

    SVR Realty LLC

    (607) 423-3175

    7 in this area

    26 Total Sales

    Philip Henry
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB309202

APN: 110200-086-049-0003-038-000-0000

New York Cortland County Cortland 13045

74 Lincoln Ave, Cortland, NY

Not Listed for Sale

MultiFamily

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