Sold Nov 29, 2018
$285,000
Buyer
Seller
$276,750
by Tompkins Community Bank
Mortgage Due Mar 21, 2053
Sold Mar 23, 2015
$361,700
Seller
$289,360
by Tompkins Trust Co
Mortgage Due Apr 01, 2045
4505 State Route 281 in Cortland, NY was first built in 1958 and is 66 years old.
This has been categorized as a residential property type.
For those interested in architecture, the building on the property was built in a ranch/rambler style.
It is a single story home.
There are a total of 14 rooms in the home, of which, 4 are bedrooms.
In terms of bathrooms, there are a total of 2 full bathrooms.
There are 3 partial bathrooms.
4505 State Route 281 has 3,228 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.
In total, the area measurement of the land is 370,696 square feet.
Learn more about the property and building on this page. There is a covered porch. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 576 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4505 State Route 281 sold most recently in Nov 29, 2018 for a total of $285,000. If you work out the math, that's approximately a cost of $88.29 per sqft. Before that, the property was also sold for $361,700 in Mar 23, 2015. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,871 in taxes each year. 4505 State Route 281 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $285,000. If we break it down further, the land itself was valued at $53,500. Improvements to the property, however, were assessed at a total of $231,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Learn more about the property and building on this page. There is a covered porch. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 576 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4505 State Route 281 sold most recently in Nov 29, 2018 for a total of $285,000. If you work out the math, that's approximately a cost of $88.29 per sqft. Before that, the property was also sold for $361,700 in Mar 23, 2015. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,871 in taxes each year. 4505 State Route 281 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $285,000. If we break it down further, the land itself was valued at $53,500. Improvements to the property, however, were assessed at a total of $231,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.