See Home Value
Cortland 13045
47 Madison Street
$118,000
House - Off Market

47 Madison Street

Cortland, NY 13045
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$125,969
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Looking for a great home in a great location? Look no further! Big ticket items have been done for you, such as, new roof, furnace, hot water heater and a freshly painted exterior! Hardwood flooring, 1st floor laundry and bathroom makes this home convenient, not to mention, its flooded with an abundance of natural light! All of this within walking distance to a beautiful public park! Call today for a private tour!
Unit Size
-
Days on Market
314 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1880
Last updated: 11 months ago (NYSAMLS #S1420813)

Price History

Date / Event Date Event Price
May 23, 2023 Sold to Burnard Alicia Chrysler, Jo... $118,000
Sold to Burnard Alicia Chrysler, Jo...
Mar 20, 2023 In contract -
In contract
Oct 19, 2022 Price Decreased $125,000
↓ $10K (7.4%)
Price Decreased
Jul 14, 2022 Listed by Hage Real Estate $135,000
Listed by Hage Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,086
  • Lot Size Depth Feet: 1,017
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,568
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BURNARD JOSEPH
  • Current Owner 2: CHRYSLER BURNARD ALICIA
  • Previous Owner : NAIR MOHAN
  • Owner Before Previous Owner: ELLERSON SUSAN
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 110200
  • Section: 86.41
  • Parcel: 110200 86.41-03-27.000
  • Block: 3
  • Lot: 27.000
  • Municipality: CORTLAND
  • Latitude: 42.6042
  • Longitude: -76.1843

    Address

  • Full Address: 47 Madison St
  • Address - House Number: 47
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: NY
  • City Name: Cortland
  • Carrier Code: C021
  • 4-Digit Zip Code: 2036
  • Zip Code: 13045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,150
  • Tax Rate Code Area: 110200

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 594,900
  • High Value: 867,464
  • Low Value: 322,335

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,000
  • First Open Lien Mortgage Lender: EMPOWER FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 23, 2023
  • First Open Lien Mortgage Loan Amount: $113,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $116,438
  • Market Land Value: $11,918
  • Market Improvement Value: $104,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,000
  • Assessed Land Value: $8,700
  • Assessed Improvements Value: $76,300

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Transaction ID: 11906883994
  • Current Sale Price: $118,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2160
  • Previous Sale Recording Date: Aug 08, 2017
  • Previous Sale Contract Date: Jul 18, 2017
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMPOWER FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: May 23, 2023
  • First Mortgage Loan Amount: $113,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$130,000 May 17, 2023
$130,000 Aug 23, 2023
$379/mo
House
3 Beds
2 Baths
-
$105,000 Mar 25, 2023
$105,000 Jun 19, 2023
$245/mo
House
4 Beds
1 Bath
-
$120,000 Apr 24, 2021
$120,000 Jul 12, 2021
$397/mo
House
4 Beds
2 Baths
-
$112,000 Aug 19, 2022
$112,000 Dec 23, 2022
$381/mo
House
4 Beds
1 Bath
-
$152,500 May 23, 2023
$152,500 Aug 7, 2023
$424/mo
Multifamily
Stu
-
-
$149,000 Nov 11, 2022
$149,000 May 22, 2023
$467/mo
House
3 Beds
1 Bath
-
$147,500 Feb 8, 2024
-
$387/mo
House
3 Beds
1 Bath
-
$144,900 Feb 3, 2024
-
$397/mo
In Contract
House
2 Beds
1 Bath
-
$109,000 Dec 6, 2023
-
$276/mo
In Contract
Multifamily
3 Beds
2 Baths
-
$139,000 Feb 2, 2024
-
$404/mo
In Contract
House
2 Beds
1 Bath
1,054 ft²
$126/ft²
$132,500 Jul 24, 2023
-
$393/mo
Multifamily
4 Beds
2 Baths
-
$124,900 Nov 1, 2023
-
$289/mo

About Cortland


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Frequently Asked Questions

When was property at 47 Madison Street built and last sold?
The property at 47 Madison Street was built in 1880 and last sold on May 15, 2023 for $118,000.
How much is this home worth?
The estimated value of the home located at 47 Madison Street is $126,250.
What are some comparable homes to 47 Madison Street?
There are currently no comparable homes to 47 Madison Street.

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