NOT LISTED FOR SALE

8 Academy St Marathon, NY 13803

Estimated Value: $195,000 - $254,000

6 Beds
3 Baths
2,700 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $165,000 $61 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,501/month

19 Days on Market

Highlights

  • Porch
  • Open Patio
  • Ceiling Fan
  • Oversized Parking
  • Landscaped
  • Baseboard Heating

About This Home

As of November 2022

Perfect turn key investment! Immaculate and totally updated 3-F; Meticulously maintained by current owner; Apartments are beautiful! Nice large yard and lots of off street parking; Charming front and side porch, side patio; Wonderful tenants, I have met them all! The apartments are so clean; Excellent in town location, walk to shops and restaurants in quaint village of Marathon; Rear ranch style unit has laundry and tenants would like to stay; This property could be sold with 4 Academy as a package deal, same owner. Low maintenance and carefree! This is a rare find!

Last Agent to Sell the Property

Shirley Cundy

HOWARD HANNA License #30CU0725711 Listed on: 08/05/2022

HOWARD HANNA

Last Buyer's Agent

Unknown

UNKNOWN NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,179

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 99x173
  • Landscaped
  • Level Lot

Parking

  • Oversized Parking

Home Design

  • Triplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • Ceiling Fan
  • Basement

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Marathon Elementary School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,154
  • Water Sewer Expense $1,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,179

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 99x173
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER
  • Directions: NYS Route 11 to Main St to Academy
  • Above Grade Finished Sq Ft: 2700.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1900
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Carpet, Vinyl
  • Living Area: 2700.0

Exterior Features

  • Lot Features: Level, Landscaped
  • Construction Type: Vinyl Siding
  • Exterior Features: Landscaping, Porch, Patio
  • Foundation Details: Basement, Stone
  • Patio And Porch Features: Open, Patio, Porch

Garage/Parking

  • Parking Features: Oversized, Parking Space(s)

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 1850.0

Schools

  • Elementary School: Marathon
  • Junior High Dist: Marathon

Lot Info

  • Zoning Description: R2
  • Zoning: R2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1154.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 3179.0
  • Tax Book Number: 157-20-03-11-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
Cullip Pamela M and Cullip Thomas F
Bought by
Pmc2 Homes Llc
Current Estimated Value
$211,195

Purchase Details

Listed on
Aug 5, 2022
Closed on
Nov 7, 2022
Sold by
Boice Steven E
Bought by
Cullip Pamela M and Cillip Thomas F
Seller's Agent
Shirley Cundy
HOWARD HANNA
Buyer's Agent
Unknown
UNKNOWN NON MEMBER
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$123,750
Interest Rate
6.95%
Mortgage Type
New Conventional
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
Pmc2 Homes Llc $230,750 None Listed On Document
Cullip Pamela M $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cullip Pamela M $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $165,000 -10.8% $61 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $185,000 -- $69 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,777 $101,400 $10,500 $90,900
2023 $3,782 $101,400 $10,500 $90,900
2022 $2,491 $71,100 $10,500 $60,600
2021 $2,488 $71,100 $10,500 $60,600
2020 $3,163 $71,600 $10,500 $61,100
2019 $1,377 $71,600 $10,500 $61,100
2018 $1,377 $71,600 $10,500 $61,100
2017 $2,408 $71,600 $10,500 $61,100
2016 $2,416 $71,600 $10,500 $61,100
2015 -- $71,600 $10,500 $61,100
2014 -- $71,600 $10,500 $61,100
Source: Public Records

Agents Affiliated with this Home

  • Shirley Cundy

    Seller's Agent in 2022

    Shirley Cundy

    HOWARD HANNA

    (877) 897-6826

    2 in this area

    222 Total Sales

    Shirley Cundy
    Section Image

  • U

    Buyer's Agent in 2022

    Unknown

    UNKNOWN NON MEMBER

See All Agents

Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 318339

APN: 113401-157-020-0003-011-000-0000

New York Cortland County Marathon 13803

8 Academy St, Marathon, NY

Not Listed for Sale

MultiFamily

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