NOT LISTED FOR SALE

94 Pendleton St Cortland, NY 13045

Estimated Value: $189,000 - $282,000

5 Beds
3 Baths
2,440 Sq Ft
$94/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $215,000 $88 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,604/month

20 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • High Speed Internet
  • Wood Flooring

About This Home

As of June 2024

Welcome to your new investment opportunity in Cortland, New York! Nestled in a charming neighborhood, this three-family home offers a lucrative chance for both homeowners and investors. Boasting three spacious units, each with its own unique layout, this property promises versatility and potential rental income. This could be a great home to live in one unit and rent the other two to pay your expenses! The first-floor unit, perhaps the crown jewel of the property, presents ample space! The second unit welcomes you with a cozy ambiance, featuring a bright living area, a functional kitchen, and two bedrooms. The third unit exudes charm as a charming efficiency. Additionally, each unit enjoys the convenience of private entrances and separate utilities, ensuring privacy and ease of management. The property also features a sizable backyard, perfect for outdoor gatherings or relaxation. Situated in the heart of Cortland, residents enjoy easy access to local amenities, schools, and parks, making it an attractive location for tenants. Whether you're looking to invest in rental properties or seeking a multi-family home for your family, this property offers endless possibilities.

Last Agent to Sell the Property

Kristopher Buchan

Listing by Tompkins Cortland Real Estate Brokerage Phone: 607.898.3456 License #10371200368 Listed on: 03/16/2024

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

Est. Annual Taxes

  • $3,522

Year Built

  • Built in 1900

Lot Details

  • 9,929 Sq Ft Lot
  • Lot Dimensions are 52x189

Parking

  • Parking Available

Home Design

  • Triplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Cortland Junior-Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes gardener, snow removal, trash collection, water
  • Tax Lot 60
  • Assessor Parcel Number 110200-086-067-0002-060-000-0000

Community Details

Overview

  • 3 Units
  • Alan Wilkinson Subdivision

Building Details

  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,522

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Snow Removal, Trash Collection, Water
  • Year Built: 1900
  • Attribution Contact: 607.898.3456
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Alan Wilkinson
  • Directions: From Main Street, Southeast on Port Watson, right on Pendleton. House on the right.
  • Architectural Style: Triplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2279
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Parking Features: Parking Available, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Cortland
  • Ninth Grade High School: Cortland Junior-Senior High

Lot Info

  • Parcel Number: 110200-086-067-0002-060-000-0000
  • Lot Dimensions: 52X189
  • Lot Size Sq Ft: 9929.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3522.0
  • Tax Lot: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Christensen Brian and Christensen Patricia
Bought by
Christensen Real Estate Investing Llc
Current Estimated Value
$228,505

Purchase Details

Listed on
Mar 16, 2024
Closed on
May 31, 2024
Sold by
Wilkinson Alan and Wilkinson Andrea
Bought by
Christensen Brian M and Christensen Michael J
Seller's Agent
Kristopher Buchan
Tompkins Cortland Real Estate
Buyer's Agent
Mark Skodzinsky
Berkshire Hathaway HomeServices Heritage Realty
List Price
$215,000
Sold Price
$215,000
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$162,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2021
Sold by
Wilkinson Alan
Bought by
Wilkinson Alan and Wilkinson Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records
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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
Christensen Real Estate Investing Llc -- None Listed On Document
Christensen Real Estate Investing Llc -- None Listed On Document
Christensen Brian M $337,500 None Listed On Document
Wilkinson Alan -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christensen Brian M $162,000
Previous Owner Wilkinson Alan $89,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $215,000 0.0% $88 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $215,000 -- $88 / 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 $5,006 $135,000 $17,900 $117,100
2023 $3,695 $67,000 $8,900 $58,100
2022 $3,683 $67,000 $8,900 $58,100
2021 $3,715 $67,000 $8,900 $58,100
2020 $2,352 $67,000 $8,900 $58,100
2019 $2,470 $67,000 $8,900 $58,100
2018 $3,308 $67,000 $8,900 $58,100
2017 $3,308 $67,000 $8,900 $58,100
2016 $3,308 $67,000 $8,900 $58,100
2015 -- $67,000 $8,900 $58,100
2014 -- $67,000 $8,900 $58,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1526603

Cortland County Board of REALTORS®

APN: 110200-086-067-0002-060-000-0000