NOT LISTED FOR SALE

80 Central Ave Cortland, NY 13045

Estimated Value: $187,000 - $292,000

6 Beds
3 Baths
2,432 Sq Ft
$93/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $175,000 $72 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,427/month

5 Days on Market

Highlights

  • Partial Attic
  • Fenced Yard
  • Leaded Glass Windows
  • 1 Fireplace
  • Thermal Windows
  • Tile Flooring

About This Home

As of June 2022

Magnificent property. Well maintained and very much updated duplex with each unit having three bedrooms, one full bathroom, a large living room, and a large dining room. The eastern unit also has a small room of a bedroom for an office, nursery, etc. Both units are vacant, so you can move right in – either live in one and rent out the other or rent out both. (One unit recently rented for $950 per month; the owner lived in the other unit). Centrally located with easy access to downtown Cortland, SUNY Cortland, and Interstate 81. Within commuting distance of Ithaca and Syracuse. Very bright and pleasant interior. New paint and flooring throughout. Most of the windows have been updated. Large, refurbished front porch. Clean, dry basement. Each unit has its own furnace for steam heating, hot water heater, and a separate connection to the municipal water system. 3+ car garage with paved driveway. Large, fully fenced backyard with a large deck. The two wall mounted television sets and the window A/C convey.

Last Agent to Sell the Property

Philip Henry

Listing by SVR Realty LLC License #30HE0952053 Listed on: 04/07/2022

Co-Listed By

Stephen Terwilliger

Listing by SVR Realty LLC License #10311204571

Last Buyer's Agent

Reciprocal Reciprocal

Listing by RECIPROCAL CORTLAND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 1920

Lot Details

  • 6,743 Sq Ft Lot
  • Lot Dimensions are 133 x 50
  • Fenced Yard
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,432 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Leaded Glass Windows
  • Basement Fills Entire Space Under The House
  • Partial Attic
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Parking

  • 3 Car Garage
  • Driveway

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Available
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 22
  • Assessor Parcel Number 110200-086-059-0001-022-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,768

Year Built

Built in 1920

Lot Details

6,743 Sq Ft Lot

Listing Details

  • NY Swis Code: Cortland-110200
  • Total Assessed Value: 69000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 133
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 22
  • Lot Shape: Rectangular
  • Nearest Cross Street: Greenbush Street
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1130490.96
  • Ratio Close Price By Sq Ft: 71.96
  • Ratio List Price By Acres: 968346.25
  • Ratio List Price By Sq Ft: 61.64
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • Roof Description: Asphalt, Shingles, Sloped
  • School Tax: 1358
  • Sub Board Code: Cortland
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6743
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2432
  • Directions To Property: FROM Greenbush Street, take Central Avenue eastbound to the property on the left. FROM Pendleton Street, take Central Avenue westbound to the property on the right.
  • Sq Ft Total Pub: 2432
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Laundry- Separate Hook ups- Some, Leaded Glass - some, Pex Plumbing- Some
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Other: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 2432

Exterior Features

  • Construction: Frame, Vinyl
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, High Speed Internet, Thermal Windows - Some
  • Number of Acres: 0.1548

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 3.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Steam
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 110200-086-059-0001-022-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3768

MLS Schools

  • School District Name: Cortland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2025
Sold by
Cortland County Sheriff
Bought by
Tromberg Morris & Poulin Pllc
Current Estimated Value
$224,973

Purchase Details

Closed on
Mar 25, 2024
Sold by
Cortland County Sheriff
Bought by
Midland Credit Mgmt Inc

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jun 14, 2022
Sold by
Cuthbert Gregg
Bought by
Wang Wenzhuo
Seller's Agent
Philip Henry
SVR Realty LLC
Buyer's Agent
Reciprocal Reciprocal
RECIPROCAL CORTLAND
List Price
$149,900
Sold Price
$175,000
Premium/Discount to List
$25,100
16.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$105,000
Interest Rate
4.63%
Mortgage Type
New Conventional
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
Tromberg Morris & Poulin Pllc -- None Listed On Document
Midland Credit Mgmt Inc -- --
Wang Wenzhuo $175,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Wenzhuo $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2022 06/22/22 Sold $175,000 +16.7% $72 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $149,900 -- $62 / 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 $8,070 $195,000 $14,300 $180,700
2023 $5,264 $95,000 $10,000 $85,000
2022 $3,735 $69,000 $10,000 $59,000
2021 $3,265 $69,000 $10,000 $59,000
2020 $2,403 $69,000 $10,000 $59,000
2019 $2,459 $69,000 $10,000 $59,000
2018 $2,976 $69,000 $10,000 $59,000
2017 $2,976 $69,000 $10,000 $59,000
2016 $2,976 $69,000 $10,000 $59,000
2015 -- $69,000 $10,000 $59,000
2014 -- $69,000 $10,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1397425

Cortland County Board of REALTORS®

APN: 110200-086-059-0001-022-000-0000

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