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8 Peaceful Drive

8 Peaceful Drive, Cortland, NY 13045
Property in Cortland
Sold May 10, 2017
$64,000
$66,112 by Elmira Savings Bank
Mortgage Due Jun 01, 2047
Sold Aug 21, 2000
$24,500
8 Peaceful Drive in Cortland, NY was first built in 1955 and is 69 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 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8 Peaceful Drive has 912 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 709 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 7,087 square feet.

Learn more about the property and building on this page. 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. For those who need parking, there is a attached garage. The garage is 264 sqft. There is one available parking space. 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 average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Apr 19, 2017 for $64,000. That's $70.18 per sqft. Prior to that sales transaction, the property was also sold in Aug 21, 2000 for $24,500. 8 Peaceful Drive was last assessed in 2023. The total value of the property was assessed at $64,000. Specifically, the land the property is located on was valued at $10,300. While improvements on the property were assessed at a total of $53,700. 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 $1,229. 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! 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: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,087
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 709
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 912
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OWEN JAMES R
  • Previous Owner : BRENNAN TERRY
  • Owner Before Previous Owner: SEC OF HOUSING & URBAN DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 110200
  • Section: 87.38
  • Parcel: 110200 87.38-01-03.000
  • Block: 1
  • Lot: 3.000
  • Municipality: CORTLAND
  • Latitude: 42.6047
  • Longitude: -76.16

    Address

  • Full Address: 8 Peaceful Dr
  • Address - House Number: 8
  • Address - Street Name: Peaceful
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Cortland
  • Carrier Code: C015
  • 4-Digit Zip Code: 2307
  • Zip Code: 13045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,229
  • Tax Rate Code Area: 110200

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 595,220
  • High Value: 867,930
  • Low Value: 322,509

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $66,112
  • First Open Lien Mortgage Lender: ELMIRA SAVINGS BANK
  • First Open Lien Mortgage Recording Date: May 10, 2017
  • First Open Lien Mortgage Loan Amount: $66,112
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $87,671
  • Market Land Value: $14,110
  • Market Improvement Value: $73,561

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,000
  • Assessed Land Value: $10,300
  • Assessed Improvements Value: $53,700

    Sales

  • Current Sale Contract Date: Apr 19, 2017
  • Current Sale Recording Date: May 10, 2017
  • Current Sale Transaction ID: 1811789583
  • Current Sale Price: $64,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-02114
  • Previous Sale Recording Date: Aug 21, 2000
  • Previous Sale Contract Date: Aug 21, 2000
  • Previous Sale Amount: $24,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ELMIRA SAVINGS BANK
  • First Mortgage Transaction Date: May 10, 2017
  • First Mortgage Loan Amount: $66,112
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2047

About Cortland



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Frequently Asked Questions

What neighborhood is 8 Peaceful Drive located in?
The 8 Peaceful Drive is a located in the neighborhood of Cortland in Cortland, Cortland.
What is the average sales price for listings in 8 Peaceful Drive?
The average sales price for units in 8 Peaceful Drive is $0 currently.

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