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128 Madison Street

128 Madison Street, Cortland, NY 13045
Property in Cortland
Sold Jun 14, 2018
$128,790
$126,456 by Quicken Loan Inc
Mortgage Due Jan 01, 2048
Sold Oct 17, 2011
$130,000
$135,000 by Russell E Ruthig Etal
Mortgage
Local assessors in Cortland, NY have categorized 128 Madison Street as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 10,237 square feet. The linear feet between the front and back of the lot was measured at 1,828 ft and the front of the lot was measured at 560 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 128 Madison Street has a total of 2,108 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 690 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in May 30, 2018 for $128,790. That's $61.10 per sqft. Prior to that sales transaction, the property was also sold in Oct 14, 2011 for $130,000. 128 Madison Street was last assessed in 2023. The total value of the property was assessed at $109,000. Specifically, the land the property is located on was valued at $12,800. While improvements on the property were assessed at a total of $96,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,093. The initial tax year of delinquency was in 2021. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 690
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 10,237
  • Lot Size Depth Feet: 1,828
  • Lot Size Frontage Feet: 560
  • Total Building Area: 2,108
  • Building Area: 2,108
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,108
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BELL MARVIN R
  • Previous Owner : MANCINI DAMIAN J EST
  • Owner Before Previous Owner: ALLIANCE BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cortland City School District
  • School Tax School District: CORTLAND
  • Census Tract: 970700

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 110200
  • Section: 86.40
  • Parcel: 110200 86.40-01-17.000
  • Block: 1
  • Lot: 17.000
  • Municipality: CORTLAND
  • Latitude: 42.604
  • Longitude: -76.1926

    Address

  • Full Address: 128 Madison St
  • Address - House Number: 128
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: NY
  • City Name: Cortland
  • Carrier Code: C005
  • 4-Digit Zip Code: 1711
  • Zip Code: 13045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,093
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 110200

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 598,242
  • High Value: 872,337
  • Low Value: 324,146

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $146,190
  • First Open Lien Mortgage Lender: QUICKEN LOAN INC
  • First Open Lien Mortgage Recording Date: Jun 14, 2018
  • First Open Lien Mortgage Loan Amount: $126,456
  • 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: Jan 01, 2048
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Feb 09, 2023
  • Second Open Lien Mortgage Loan Amount: $13,806
  • Second Open Lien Mortgage Term: 304
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2048
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Feb 14, 2024
  • Third Open Lien Mortgage Loan Amount: $5,928
  • Third Open Lien Mortgage Term: 292
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $149,315
  • Market Land Value: $17,534
  • Market Improvement Value: $131,781

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,000
  • Assessed Land Value: $12,800
  • Assessed Improvements Value: $96,200

    Sales

  • Current Sale Contract Date: May 30, 2018
  • Current Sale Recording Date: Jun 14, 2018
  • Current Sale Transaction ID: 11476912061
  • Current Sale Price: $128,790
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018-03472
  • Previous Sale Recording Date: Oct 17, 2011
  • Previous Sale Contract Date: Oct 14, 2011
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOAN INC
  • First Mortgage Transaction Date: Jun 14, 2018
  • First Mortgage Loan Amount: $126,456
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: RUSSELL E RUTHIG ETAL
  • Previous Mortgage Transaction Date: Oct 17, 2011
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Cortland



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Frequently Asked Questions

What neighborhood is 128 Madison Street located in?
The 128 Madison Street is a located in the neighborhood of Cortland in Cortland, Cortland.
What is the average sales price for listings in 128 Madison Street?
The average sales price for units in 128 Madison Street is $0 currently.

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