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172 Madison St

Cortland, NY 13045

3 bd 2 ba 1,909 sqft Built 1940 Lot 5,306 sqft single_family
Most recent sale
$159,000
Dec 13, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 13, 2021 Sold $159,000 MLS #S1364823
Oct 31, 2021 Relisted $159,000 MLS #S1364823
Oct 29, 2021 Listing removed $159,000 CortlandCounty
Oct 10, 2021 Relisted $159,000 MLS #S1364823
Oct 4, 2021 Listing removed $159,000 CortlandCounty
Sep 8, 2021 Listed $159,000 MLS #S1364823
Nov 16, 2018 Sold $135,000 MLS #314229
Nov 7, 2018 Listing removed $137,700 CortlandCounty
Jul 16, 2018 Listed $137,700 MLS #314229
Apr 21, 2004 Sold $84,500 Public Record
May 10, 1993 Sold $69,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $167,300 $12,700 $180,000 $6,869
2024 $167,300 $12,700 $180,000 $6,667
2023 $116,100 $8,900 $125,000 $6,658
2022 $111,100 $8,900 $120,000 $6,428
2021 $111,100 $8,900 $120,000 $6,325
2020 $111,100 $8,900 $120,000 $5,944
2019 $111,100 $8,900 $120,000 $5,984
2018 $98,600 $8,900 $107,500 $5,725
2017 $98,600 $8,900 $107,500 $5,513
2016 $98,600 $8,900 $107,500 $5,395
2015 $98,600 $8,900 $107,500 $4,833
2014 $98,600 $8,900 $107,500 $1,434
2013 $98,600 $8,900 $107,500 $5,194
2012 $98,600 $8,900 $107,500 $1,376
2011 $98,600 $8,900 $107,500 $4,608
2010 $98,600 $8,900 $107,500 $4,516
2009 $88,600 $8,900 $97,500 $3,910

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,909 sqft
Lot size
5,306 sqft
ZIP code
13045
City
Cortland
Street
Madison St
Coordinates
42.60366, -76.19775

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
$954
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 172 Madison St last sell?
172 Madison St most recently sold on Dec 13, 2021 for $159,000.
What is the current tax assessment for 172 Madison St?
The most recent total assessment for 172 Madison St (year 2025) is $180,000 with $6,869 in property tax.
How does 172 Madison St's assessment compare to its last sale price?
The current assessment is 13.2% above the last sale price of $159,000.
When was 172 Madison St built?
172 Madison St was built in 1940.
How does 172 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 172 Madison St?
172 Madison St is a 3 bed, 2 bath, 1,909 sqft, 5,306 sqft lot single_family.
Is 172 Madison St a flip candidate?
No — 172 Madison St does not appear in our flips dataset.
Is 172 Madison St a tax-appeal candidate?
No — 172 Madison St 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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