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36 Lincoln Avenue

36 Lincoln Avenue, Cortland, NY 13045
Multifamily in Cortland
1 Units For Sale
Unit for sale at 36 Lincoln Avenue, Cortland, NY 13045

$795,000

  • Commercial
36 Lincoln Avenue, Cortland, NY 13045 Listing by Steven Cinquanti

36 Lincoln Avenue in Cortland, NY was first built in 1972 and is 52 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 10 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 36 Lincoln Avenue has 4,365 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 758 ft and the linear feet between the front and back of the lot is 1,368. In total, the area measurement of the land is 10,370 square feet.

Learn more about the property and building on this page. There is a screened porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. As for heating, the home is utilizing oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 36 Lincoln Avenue was last sold in Dec 28, 2023 for $700,000. According to our calculations, that's $160.37 per sqft. Current property owners are expected to pay $5,242 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 36 Lincoln Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $273,000. To break that down further, the land itself was valued at $25,700. While improvements to the property were assessed at a total of $247,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Paved Driveway

Location

Near Public Transit
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201201
12/01/2020
4 Bed
3 Bath
7647 ft²
$1,635,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
7647 ft²
-
-
-
Mark Skodzinsky
Heritage Realty Of Central New York

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Exterior Walls Type: Wood
  • Floor Count: 3
  • Living Units: 7
  • Basement Type: Unfinished basement
  • Basement Area: 1,700
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 10,370
  • Lot Size Depth Feet: 1,368
  • Lot Size Frontage Feet: 758
  • Total Building Area: 4,365
  • Gross Building Area: 4,365
  • Building Area: 4,365
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,365
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.238
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : EJD RENTALS LLC
  • Previous Owner : PACE MICHAEL A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: 05 - COMME

Geography

  • District: 110200
  • Section: 86.49
  • Parcel: 110200 86.49-02-12.000
  • Block: 2
  • Lot: 12.000
  • Municipality: CORTLAND
  • Latitude: 42.6022
  • Longitude: -76.1836

    Address

  • Full Address: 36 Lincoln Ave
  • Address - House Number: 36
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Cortland
  • Carrier Code: C021
  • 4-Digit Zip Code: 2055
  • Zip Code: 13045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,242
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 110200

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 611,494
  • High Value: 891,661
  • Low Value: 331,326

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: TOMPKINS COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Dec 29, 2023
  • First Open Lien Mortgage Loan Amount: $560,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 29, 2053

    Market Valuation

  • Market Total Value: $373,973
  • Market Land Value: $35,206
  • Market Improvement Value: $338,767

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,000
  • Assessed Land Value: $25,700
  • Assessed Improvements Value: $247,300

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Transaction ID: 11918516675
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8443

    Last Sale Mortgage

  • First Mortgage Lender: TOMPKINS COMMUNITY BANK
  • First Mortgage Transaction Date: Dec 29, 2023
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Cortland



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Nearby Rentals

Unit for rent at 6 Euclid Ave Building 1 Unit 5, Cortland, NY, 13045

$1,800 /mo

  • Studio
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6 Euclid Ave Building 1 Unit 5, Cortland, NY, 13045 Listing by Mark Skodzinsky
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  • 4 Beds
  • 2 Baths
  • 1,560 ft²
4 Pleasant Street, Cortland, NY, 13045 Listing by Teresa M Howell

Frequently Asked Questions

What neighborhood is 36 Lincoln Avenue located in?
The 36 Lincoln Avenue is a multifamily located in the neighborhood of Cortland in Cortland, Cortland.
How many listings are currently for sale in 36 Lincoln Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 36 Lincoln Avenue?
The average sales price for units in 36 Lincoln Avenue is $795,000 currently.

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