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221 Central Ave

Cortland, NY 13045

3 bd 1 ba 1,443 sqft Built 1945 Lot 6,098 sqft single_family
Most recent sale
$119,000
Aug 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 23, 2024 Listed $149,900 CortlandCounty
Sep 5, 2021 Relisted $125,000 CortlandCounty
Aug 30, 2021 Sold $119,000 Public Record
Aug 30, 2021 Listing removed GreaterBinghamton
Aug 25, 2021 Sold $119,000 CortlandCounty
Jun 13, 2021 Relisted $125,000 CortlandCounty
Jun 10, 2021 Listing removed $125,000 CortlandCounty
Jun 1, 2021 Listed $125,000 CortlandCounty
May 31, 2021 Listed $125,000 GreaterBinghamton

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $106,600 $13,400 $120,000 $4,571
2024 $106,600 $13,400 $120,000 $4,810
2023 $85,600 $9,400 $95,000 $5,032
2022 $56,700 $9,400 $66,100 $4,106
2021 $56,700 $9,400 $66,100 $1,294
2020 $56,700 $9,400 $66,100 $1,242
2017 $56,700 $9,400 $66,100 $1,222
2016 $56,700 $9,400 $66,100 $1,070
2015 $56,700 $9,400 $66,100 $1,214
2014 $56,700 $9,400 $66,100 $20
2013 $56,700 $9,400 $66,100 $2,163
2012 $56,700 $9,400 $66,100 $161
2011 $56,700 $9,400 $66,100 $2,162
2010 $56,700 $9,400 $66,100 $2,091
2009 $56,700 $9,400 $66,100 $1,946

Property facts

Year built
1945
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,443 sqft
Lot size
6,098 sqft
ZIP code
13045
City
Cortland
Street
Central Ave
Coordinates
42.60064, -76.16071

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$714
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 221 Central Ave last sell?
221 Central Ave most recently sold on Aug 30, 2021 for $119,000.
What is the current tax assessment for 221 Central Ave?
The most recent total assessment for 221 Central Ave (year 2025) is $120,000 with $4,571 in property tax.
How does 221 Central Ave's assessment compare to its last sale price?
The current assessment is 0.8% above the last sale price of $119,000.
When was 221 Central Ave built?
221 Central Ave was built in 1945.
How does 221 Central Ave compare to others on Central Ave?
We track 8 other properties on Central Ave. Browse the list under "Other properties on Central Ave" to compare beds, baths, and sale history.
What are the property facts for 221 Central Ave?
221 Central Ave is a 3 bed, 1 bath, 1,443 sqft, 6,098 sqft lot single_family.
Is 221 Central Ave a flip candidate?
No — 221 Central Ave does not appear in our flips dataset.
Is 221 Central Ave a tax-appeal candidate?
No — 221 Central Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$264.2K
2026 Q4
$269.8K
ZIP 13045 — Median Price History + Forecast

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