161 Madison St
Cortland, NY 13045
2 bd 1 ba 951 sqft Built 1942 Lot 7,841 sqft single_family
Most recent sale
$142,000
Dec 13, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 13, 2021 | Sold | $142,000 | MLS #S1371576 |
| Oct 31, 2021 | Relisted | $132,000 | MLS #S1371576 |
| Oct 29, 2021 | Listing removed | $132,000 | CortlandCounty |
| Oct 23, 2021 | Listed | $132,000 | MLS #S1371576 |
| Nov 2, 2006 | Sold | $80,000 | Public Record |
| Oct 4, 2005 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $149,500 | $15,500 | $165,000 | $6,825 |
| 2024 | $149,500 | $15,500 | $165,000 | $5,524 |
| 2023 | $85,100 | $10,900 | $96,000 | $5,409 |
| 2022 | $71,100 | $10,900 | $82,000 | $4,656 |
| 2021 | $71,100 | $10,900 | $82,000 | $4,377 |
| 2020 | $71,100 | $10,900 | $82,000 | $3,841 |
| 2019 | $71,100 | $10,900 | $82,000 | $3,775 |
| 2018 | $71,100 | $10,900 | $82,000 | $3,762 |
| 2017 | $71,100 | $10,900 | $82,000 | $3,702 |
| 2016 | $71,100 | $10,900 | $82,000 | $3,627 |
| 2015 | $71,100 | $10,900 | $82,000 | $3,602 |
| 2014 | $71,100 | $10,900 | $82,000 | $3,549 |
| 2013 | $71,100 | $10,900 | $82,000 | $3,982 |
| 2012 | $71,100 | $10,900 | $82,000 | $933 |
| 2011 | $71,100 | $10,900 | $82,000 | $3,459 |
| 2010 | $71,100 | $10,900 | $82,000 | $3,345 |
| 2009 | $71,100 | $10,900 | $82,000 | $3,178 |
Property facts
Year built
1942
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
951 sqft
Lot size
7,841 sqft
ZIP code
13045
City
Cortland
Street
Madison St
Coordinates
42.60329, -76.19652
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$852
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 161 Madison St last sell?
161 Madison St most recently sold on Dec 13, 2021 for $142,000.
What is the current tax assessment for 161 Madison St?
The most recent total assessment for 161 Madison St (year 2025) is $165,000 with $6,825 in property tax.
How does 161 Madison St's assessment compare to its last sale price?
The current assessment is 16.2% above the last sale price of $142,000.
When was 161 Madison St built?
161 Madison St was built in 1942.
How does 161 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 161 Madison St?
161 Madison St is a 2 bed, 1 bath, 951 sqft, 7,841 sqft lot single_family.
Is 161 Madison St a flip candidate?
No — 161 Madison St does not appear in our flips dataset.
Is 161 Madison St a tax-appeal candidate?
Yes — 161 Madison St 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 Madison St