40 Prospect Ter
Cortland, NY 13045
13 bd 3 ba 4,657 sqft Built 1870 Lot 24,010 sqft multi_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $495,000 | $25,000 | $520,000 | $20,629 |
| 2024 | $495,000 | $25,000 | $520,000 | $16,721 |
| 2023 | $265,640 | $17,500 | $283,140 | $15,276 |
| 2022 | $265,640 | $17,500 | $283,140 | $15,066 |
| 2021 | $265,640 | $17,500 | $283,140 | $15,165 |
| 2020 | $265,640 | $17,500 | $283,140 | $14,927 |
| 2017 | $265,640 | $17,500 | $283,140 | $14,630 |
| 2016 | $265,640 | $17,500 | $283,140 | $14,330 |
| 2015 | $265,640 | $17,500 | $283,140 | $14,157 |
| 2014 | $265,640 | $17,500 | $283,140 | $13,946 |
| 2013 | $265,640 | $17,500 | $283,140 | $13,673 |
| 2012 | $265,640 | $17,500 | $283,140 | $3,391 |
| 2011 | $177,500 | $17,500 | $195,000 | $9,577 |
| 2010 | $177,500 | $17,500 | $195,000 | $9,215 |
| 2009 | $177,500 | $17,500 | $195,000 | $8,898 |
Property facts
Year built
1870
Property type
multi_family
Stories
3
Beds
13
Baths
3
Living area
4,657 sqft
Lot size
24,010 sqft
ZIP code
13045
City
Cortland
Street
Prospect Ter
Coordinates
42.59655, -76.18576
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 40 Prospect Ter last sell?
No public-record sale is on file for 40 Prospect Ter.
What is the current tax assessment for 40 Prospect Ter?
The most recent total assessment for 40 Prospect Ter (year 2025) is $520,000 with $20,629 in property tax.
When was 40 Prospect Ter built?
40 Prospect Ter was built in 1870.
How does 40 Prospect Ter compare to others on Prospect Ter?
We track 5 other properties on Prospect Ter. Browse the list under "Other properties on Prospect Ter" to compare beds, baths, and sale history.
What are the property facts for 40 Prospect Ter?
40 Prospect Ter is a 13 bed, 3 bath, 4,657 sqft, 24,010 sqft lot multi_family.
Is 40 Prospect Ter a flip candidate?
No — 40 Prospect Ter does not appear in our flips dataset.
Is 40 Prospect Ter a tax-appeal candidate?
No — 40 Prospect Ter 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 Prospect Ter