NOT LISTED FOR SALE

77 Homer Ave Cortland, NY 13045

Estimated Value: $140,000 - $159,000

4 Beds
3 Baths
1,746 Sq Ft
$86/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $110,000 $63 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $949/month

26 Days on Market

Highlights

  • Thermal Windows
  • Space Heater
  • Wall to Wall Carpet
  • Forced Air Cooling System
  • High Speed Internet
  • 1-minute walk to Suggett Park

About This Home

As of June 2021

This is your opportunity to Own, live, and collect rent to help with mortgage. This property has three separate units all one1 bedroom each with 3/4 total rooms plus full bath and porches with separate bedrooms utilities except H20 & sewer.
LOCATION LOCATION LOCATION, Suggett Park across the Street, places of worship, hospital and Restaurants nearby, downtown Main Street a short walk. The exterior of property was painted in 2019a, a new section of flatter roof just replaced with Steel. There is a shared coin-op washer & dryer located in basement for tenants. Extra large garage on nice deep city lot.

Last Agent to Sell the Property

Amy Cobb

Listing by Yaman Real Estate License #30CO0879525 Listed on: 01/25/2021

Last Buyer's Agent

Mark Skodzinsky

Listing by Berkshire Hathaway HomeServices Heritage Realty License #10301207152

Berkshire Hathaway HomeServices Heritage Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 171 x 75

Parking

  • 2 Car Garage

Home Design

  • Stone Foundation
  • Cedar

Interior Spaces

  • 1,746 Sq Ft Home
  • 1.7-Story Property
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Vinyl

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 43
  • Assessor Parcel Number 110200-086-041-0003-043-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0.3 Acres

Listing Details

  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 73500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 171
  • Lot Dimension Front: 75
  • Lot Information: Flood Zone, Neighborhood Street
  • Lot Number: 43
  • Nearest Cross Street: Madison
  • Number of Stories: 1.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 369747.90
  • Ratio Close Price By Sq Ft: 63.00
  • Ratio List Price By Acres: 403025.21
  • Ratio List Price By Sq Ft: 68.67
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • Sub Board Code: Cortland
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 12959
  • Age of Building: 107
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 1746
  • Directions To Property: Either right before or right after Madison Street depending on what direction you're coming from on Homer Avenue perfect
  • Sq Ft Total Pub: 1746
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1746

Exterior Features

  • Construction: Cedar, Shake Shingle, Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Thermal Windows - Some
  • Number of Acres: 0.2975

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Space Heater
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 110200-086-041-0003-043-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

MLS Schools

  • School District Name: Cortland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Jun 15, 2021
Sold by
Edwards Dwight D
Bought by
Zimmerman Bruce H and Zimmerman Tammy J
Seller's Agent
Amy Cobb
Yaman Real Estate
Buyer's Agent
Mark Skodzinsky
Berkshire Hathaway HomeServices Heritage Realty
List Price
$11,990,000
Sold Price
$110,000
Premium/Discount to List
-$11,880,000
-99.08%
Current Estimated Value
$149,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,532
Avg. Annual Appreciation
6.68%
Original Mortgage
$88,000
Outstanding Balance
$79,673
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$69,859
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Zimmerman Bruce H $110,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Bruce H $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold $110,000 -8.3% $63 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
01/27/2021 01/27/21 Price Changed $119,900 -99.0% $69 / Sq Ft
01/25/2021 01/25/21 For Sale $11,990,000 -- $6,867 / 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 $5,095 $130,000 $19,600 $110,400
2023 $4,730 $85,000 $14,900 $70,100
2022 $4,326 $85,000 $14,900 $70,100
2021 $4,141 $73,500 $14,900 $58,600
2020 $2,513 $73,500 $14,900 $58,600
2019 $2,476 $73,500 $14,900 $58,600
2018 $3,720 $73,500 $14,900 $58,600
2017 $3,720 $73,500 $14,900 $58,600
2016 $3,720 $73,500 $14,900 $58,600
2015 -- $73,500 $14,900 $58,600
2014 -- $73,500 $14,900 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1316673

Cortland County Board of REALTORS®

APN: 110200-086-041-0003-043-000-0000

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