1283 Lake Rd
Cortland, NY 13045
3 bd 1 ba 1,181 sqft Built 1951 Lot 4,792 sqft single_family
Most recent sale
$120,000
Dec 17, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 17, 2021 | Sold | $120,000 | MLS #405192 |
| Oct 3, 2021 | Relisted | $150,000 | MLS #S1360636 |
| Sep 30, 2021 | Listing removed | $150,000 | CortlandCounty |
| Sep 8, 2021 | Listed | $150,000 | MLS #11022051 |
| Sep 5, 2021 | Price changed | $150,000 | MLS #S1360636 |
| Aug 18, 2021 | Listed | $170,000 | MLS #S1360636 |
| Aug 27, 2010 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $116,600 | $49,400 | $166,000 | $4,483 |
| 2024 | $116,600 | $49,400 | $166,000 | $4,308 |
| 2023 | $63,900 | $16,500 | $80,400 | $3,723 |
| 2022 | $63,900 | $16,500 | $80,400 | $1,395 |
| 2021 | $63,900 | $16,500 | $80,400 | $1,414 |
| 2020 | $63,900 | $16,500 | $80,400 | $3,317 |
| 2019 | $63,900 | $16,500 | $80,400 | $3,191 |
| 2017 | $63,900 | $16,500 | $80,400 | $1,287 |
| 2016 | $63,400 | $14,500 | $77,900 | $2,856 |
| 2015 | $63,400 | $14,500 | $77,900 | $2,386 |
| 2014 | $63,400 | $14,500 | $77,900 | $2,777 |
| 2013 | $63,400 | $14,500 | $77,900 | $2,832 |
| 2012 | $63,400 | $14,500 | $77,900 | $2,633 |
| 2011 | $63,400 | $14,500 | $77,900 | $2,688 |
| 2010 | $63,400 | $14,500 | $77,900 | $2,608 |
| 2009 | $63,400 | $14,500 | $77,900 | $1,010 |
Property facts
Year built
1951
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,181 sqft
Lot size
4,792 sqft
ZIP code
13045
City
Cortland
Street
Lake Rd
Coordinates
42.67957, -76.30252
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1283 Lake Rd last sell?
1283 Lake Rd most recently sold on Dec 17, 2021 for $120,000.
What is the current tax assessment for 1283 Lake Rd?
The most recent total assessment for 1283 Lake Rd (year 2025) is $166,000 with $4,483 in property tax.
How does 1283 Lake Rd's assessment compare to its last sale price?
The current assessment is 38.3% above the last sale price of $120,000.
When was 1283 Lake Rd built?
1283 Lake Rd was built in 1951.
How does 1283 Lake Rd compare to others on Lake Rd?
We track 4 other properties on Lake Rd. Browse the list under "Other properties on Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 1283 Lake Rd?
1283 Lake Rd is a 3 bed, 1 bath, 1,181 sqft, 4,792 sqft lot single_family.
Is 1283 Lake Rd a flip candidate?
No — 1283 Lake Rd does not appear in our flips dataset.
Is 1283 Lake Rd a tax-appeal candidate?
Yes — 1283 Lake Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$264.2K
2026 Q4
$269.8K
ZIP 13045 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Rd