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Cortland 13045
109 North Main Street
$299,000
House - For Sale

109 North Main Street

Cortland, NY 13045
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3381 Sqft
$2,094
Estimated Monthly
$0
HOA / Fees
5.92%
Cap Rate

About This Property

Welcome to your dream home! This exceptional property, set in a great neighborhood, offers a unique blend of comfort, style and convenience, from families to investors seeking rental income opportunities. This property features 4 bedrooms and 2.5 baths, with the master bath treating its occupants to marble flooring, garden tub, steamed shower, and a heated towel rack, turn your daily routine into a spa-like experience. This property offers ample space, with a 2-car garage. Enjoy access to nearby attractions and amenities, everything you need in just minutes away in the city of Cortland.  For investors, the added benefit of an in-law suite presents an opportunity to generate rental income. This space can accommodate a variety of living arrangements, making the property an attractive option for both long-term and short-term rentals. Don't miss the chance to own this remarkable property, make your appointment today.

The manager has listed the unit size as 3381 square feet.
Unit Size
3,381Ft²
Days on Market
28 days
Land Size
0.11 acres
Price per sqft
$88
Property Type
House
Property Taxes
$626
HOA Dues
-
Year Built
1915
Last updated: 26 days ago (IBRNY #R1529454)

Price History

Date / Event Date Event Price
Apr 1, 2024 Listed by Berkshire Hathaway HomeService $299,000
Listed by Berkshire Hathaway HomeService
Aug 12, 2021 Sold to Amy Mills $201,000
Sold to Amy Mills
Sep 10, 2013 Sold to Emmanuel Pothos $80,000
Sold to Emmanuel Pothos

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Vinyl Siding
Wood

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,825
  • Lot Size Depth Feet: 965
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,381
  • Gross Building Area: 3,381
  • Building Area: 3,381
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,021
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LANDS OF ELIZABETH T MCGRAW
  • Land Acres: 0.11
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : MILLS AMY
  • Previous Owner : POTHOS EMMANUEL
  • Owner Before Previous Owner: LAWRENCE & JOSEPHINE MCGRAW TRUST
  • Owner Before Previous Owner 2: MCGRAW LAWRENCE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cortland City School District
  • School Tax School District: CORTLAND
  • Census Tract: 970500

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 110200
  • Section: 86.34
  • Parcel: 110200 86.34-01-28.000
  • Block: 1
  • Lot: 28.000
  • Municipality: CORTLAND
  • Latitude: 42.6073
  • Longitude: -76.1827

    Address

  • Full Address: 109 N Main St
  • Address - House Number: 109
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NY
  • City Name: Cortland
  • Carrier Code: C007
  • 4-Digit Zip Code: 1210
  • Zip Code: 13045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,496
  • Tax Rate Code Area: 110200

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 597,434
  • High Value: 871,159
  • Low Value: 323,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $197,359
  • First Open Lien Mortgage Lender: M & T BANK
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $197,359
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 12, 2051

    Market Valuation

  • Market Total Value: $178,082
  • Market Land Value: $11,644
  • Market Improvement Value: $166,438

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,000
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $121,500

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11853212840
  • Current Sale Price: $201,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-04347
  • Previous Sale Recording Date: Sep 10, 2013
  • Previous Sale Contract Date: Sep 09, 2013
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M & T BANK
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $197,359
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: TRUST OF LAWRENCE & JOSEPHINE
  • Previous Mortgage Transaction Date: Sep 10, 2013
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
8 Beds
4 Baths
-
$285,000 Sep 21, 2023
$285,000 Feb 26, 2024
$822/mo
Commercial
Loft
-
-
$295,000 May 1, 2023
$295,000 Jul 27, 2023
$603/mo
Multifamily
Stu
-
-
$180,000 Sep 14, 2022
$180,000 Jan 5, 2023
$460/mo
Multifamily
6 Beds
2 Baths
-
$249,900 Feb 19, 2024
-
$528/mo
Multifamily
8 Beds
3 Baths
-
$240,000 Nov 9, 2023
-
$648/mo

About Cortland


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Nearby Rentals

Unit for rent at 15 Harrington Avenue, Cortland, NY, 13045

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,740 ft²
15 Harrington Avenue, Cortland, NY, 13045 Listing by Ashley Warfield


Frequently Asked Questions

When was property at 109 North Main Street built and last sold?
The property at 109 North Main Street was built in 1915 and last sold on Aug 11, 2021 for $201,000.
How much is this home worth?
The estimated value of the home located at 109 North Main Street is $301,285.
What are some comparable homes to 109 North Main Street?
Homes that are comparable to 109 North Main Street include a house property at 87 North Main Street, a commercial property at 117 Groton Avenue, a multifamily property at 8 Rickard Street.

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