8 Melvin Ave
Cortland, NY 13045
3 bd 2 ba 1,974 sqft Built 1938 Lot 5,576 sqft single_family
Most recent sale
$175,000
Jan 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 27, 2023 | Sold | $232,500 | NYStateAlliance |
| Jan 21, 2023 | Price changed | $232,500 | CortlandCounty |
| Jan 13, 2023 | Listed | $237,500 | IthacaNY |
| Jan 6, 2023 | Listed | $237,500 | CortlandCounty |
| Dec 1, 2022 | Listing removed | $239,900 | CortlandCounty |
| Nov 1, 2022 | Listed | $239,900 | MLS #S1442082 |
| Jan 14, 2022 | Sold | $175,000 | MLS #S1378664 |
| Nov 28, 2021 | Relisted | $169,900 | MLS #S1378664 |
| Nov 27, 2021 | Listing removed | $169,900 | CortlandCounty |
| Nov 17, 2021 | Listed | $169,900 | MLS #S1378664 |
| May 14, 2010 | Sold | $110,000 | Public Record |
| May 13, 2010 | Listing removed | $114,900 | CortlandCounty |
| May 2, 2010 | Relisted | $114,900 | MLS #S228798 |
| Mar 17, 2010 | Listing removed | $114,900 | CortlandCounty |
| Mar 16, 2010 | Listed | $114,900 | MLS #S228798 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $227,000 | $13,000 | $240,000 | $9,002 |
| 2024 | $227,000 | $13,000 | $240,000 | $7,604 |
| 2023 | $120,900 | $9,100 | $130,000 | $6,911 |
| 2022 | $90,400 | $9,100 | $99,500 | $5,901 |
| 2021 | $90,400 | $9,100 | $99,500 | $4,841 |
| 2020 | $90,400 | $9,100 | $99,500 | $4,756 |
| 2019 | $90,400 | $9,100 | $99,500 | $4,758 |
| 2018 | $90,400 | $9,100 | $99,500 | $4,743 |
| 2017 | $90,400 | $9,100 | $99,500 | $4,612 |
| 2016 | $90,400 | $9,100 | $99,500 | $4,513 |
| 2015 | $90,400 | $9,100 | $99,500 | $4,463 |
| 2014 | $90,400 | $9,100 | $99,500 | $1,289 |
| 2013 | $90,400 | $9,100 | $99,500 | $4,837 |
| 2012 | $90,400 | $9,100 | $99,500 | $1,237 |
| 2011 | $90,400 | $9,100 | $99,500 | $4,254 |
| 2010 | $90,400 | $9,100 | $99,500 | $3,388 |
| 2009 | $90,400 | $9,100 | $99,500 | $3,189 |
Property facts
Year built
1938
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,974 sqft
Lot size
5,576 sqft
ZIP code
13045
City
Cortland
Street
Melvin Ave
Coordinates
42.59992, -76.19443
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
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 8 Melvin Ave last sell?
8 Melvin Ave most recently sold on Jan 14, 2022 for $175,000.
What is the current tax assessment for 8 Melvin Ave?
The most recent total assessment for 8 Melvin Ave (year 2025) is $240,000 with $9,002 in property tax.
How does 8 Melvin Ave's assessment compare to its last sale price?
The current assessment is 37.1% above the last sale price of $175,000.
When was 8 Melvin Ave built?
8 Melvin Ave was built in 1938.
How does 8 Melvin Ave compare to others on Melvin Ave?
We track 8 other properties on Melvin Ave. Browse the list under "Other properties on Melvin Ave" to compare beds, baths, and sale history.
What are the property facts for 8 Melvin Ave?
8 Melvin Ave is a 3 bed, 2 bath, 1,974 sqft, 5,576 sqft lot single_family.
Is 8 Melvin Ave a flip candidate?
Yes — 8 Melvin Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8 Melvin Ave a tax-appeal candidate?
No — 8 Melvin Ave is not currently flagged as a tax-appeal candidate.
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 Melvin Ave