NOT LISTED FOR SALE

79 Central Ave Cortland, NY 13045

-- Bed
-- Bath
8,146 Sq Ft
11,761 Sq Ft Lot

Sale Details

Date Sold: January 10, 2020

Last sale price $179,000 $22 Per Sq Ft

2 Days on Market

Highlights

  • Brick or Stone Mason
  • Baseboard Heating
  • Coin Laundry
  • Forced Air Heating System

About This Home

As of January 2020

Historic 8-unit brick building in prime city location! Grosses $57,600/year! Coin-op laundry in basement- many long-term tenants! A rare opportunity to own an income property of this size in the city.

Last Agent to Sell the Property

Laura Lawrence

Howard Hanna S Tier Inc Brokerage Email: lauralawrencerealestate@gmail.com License #10301212914 Listed on: 01/08/2020

Howard Hanna S Tier Inc

Last Buyer's Agent

Kristopher Buchan

Tompkins Cortland Real Estate License #10371200368

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,628

Year Built

  • Built in 1900

Lot Details

  • 11,761 Sq Ft Lot

Home Design

  • Brick or Stone Mason
  • Stone Foundation
  • Slate Roof
  • Tile Roof

Interior Spaces

  • 8,146 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 110200 86.59-02-04.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,628

Year Built

Built in 1900

Lot Details

0.27 Acres

Listing Details

  • Prop. Type: Multi Family
  • Lot Size Acres: 0.27
  • Lot Size: 77X
  • Directions: Across from the Cortland Community Center- look for sign.
  • Year Built: 1900
  • Attribution Contact: lauralawrencerealestate@gmail.com
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Living Area: 8146.0

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Stone
  • Roof: Slate, Tile

Utilities

  • Laundry Features: Coin-operated
  • Heating: Baseboard, Forced Air
  • 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: 11761.0
  • Parcel #: 110200 86.59-02-04.000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Other, See Remarks

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 6628.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2020 01/10/20 Sold $179,000 -10.1% $22 / Sq Ft
01/08/2020 01/08/20 For Sale $199,000 +11.2% $24 / Sq Ft
01/07/2020 01/07/20 Sold $179,000 -10.1% $22 / Sq Ft View Prior Sale
09/16/2019 09/16/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $199,000 -- $24 / 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 $7,063 $195,000 $37,800 $157,200
2023 $8,775 $155,000 $27,600 $127,400
2022 $8,414 $155,000 $27,600 $127,400
2021 $8,488 $155,000 $27,600 $127,400
2020 $4,443 $155,000 $27,600 $127,400
2019 $4,270 $120,200 $27,600 $92,600
2018 $6,520 $120,200 $27,600 $92,600
2017 $6,520 $120,200 $27,600 $92,600
2016 $6,520 $120,200 $27,600 $92,600
2015 -- $120,200 $27,600 $92,600
2014 -- $120,200 $27,600 $92,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB401155

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