OFF MARKET

Off Market Dec 2006 for $240K

—

Est. refi paymentEst. refi $1,513/mo

•

1 ba

•

1,050

sq ft

1 Terrace Rd, Cortland, NY 13045

About this home

1 Terrace Rd is a 1,050 square foot property on a 0.32 acre lot with 5 bedrooms and 1 bathroom. - it last sold on December 05, 2006 for $240,000.

1910Year Built

0.32 acresLot Size

$229Price/Sq.Ft.

Source:Public Records

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 13045, NY

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

+1.0% MoM

Median sale price

$220K

$5K MoM

Avg. days on market

33d

1 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 3 HRS AGO
$259,900
5 beds2 baths1,700 sq ft
228 Main St, Cortland, NY 13045
Listing by Yaman Real Estate, (607) 753-9644
OPEN SUN, 10AM TO 12PM
$219,000
3 beds2 baths1,890 sq ft
4 Melvin Ave, Cortland, NY 13045
Listing by Yaman Real Estate, (607) 753-9644
$160,000
4 beds2 baths1,496 sq ft
19 Chestnut St, Cortland, NY 13045
Listing by Howard Hanna, (607) 257-0800
$195,000
6 beds2 baths2,100 sq ft
145 Groton Ave, Cortland, NY 13045
Listing by Yaman Real Estate, (607) 753-9644
$199,900
3 beds2 baths1,092 sq ft
581 State Route 90, Cortland, NY 13045
Listing by Berkshire Hathaway HomeServices Heritage Realty, (607) 428-0708
$429,900
3 beds3 baths2,270 sq ft
3308 Walden Oaks Blvd, Cortland, NY 13045
Listing by River Hills Properties LLC Barn, (315) 896-1009
$369,000
5 beds3 baths2,400 sq ft
2297 Blodgett Mills Rd, Cortland, NY 13045
Listing by Howard Hanna, (607) 257-0800
See all

Provided by Redfin

Sale history for 1 Terrace Rd

Date

Event

Price

BUILDIUM #1

Jun 8, 2025

Rental Removed

$3,300

$3/sq ft

Feb 3, 2025

Listed for Rent

$3,300

$3/sq ft

Aug 30, 2023

Rental Removed

$3,500

$3/sq ft

Aug 13, 2023

Listed for Rent

$3,500

$3/sq ft

Apr 11, 2022

Price Changed

$3,000

$3/sq ft

BUILDIUM #2

Feb 3, 2025

Rental Removed

$3,300

$3/sq ft

Sep 2, 2023

Listed for Rent

$3,500

$3/sq ft

Public Records

Nov 1, 2021

Sold

$464,000

$442/sq ft

Public Records

Dec 5, 2006

Sold

$240,000

$229/sq ft

Public Records

Feb 8, 1999

Sold

$102,000

$97/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$10,138

$21,900 + $243,100

$265,000

2025

$10,138 (+5.0%)

$21,900 + $243,100

$265,000

2024

$9,656 (−24.2%)

$21,900 + $243,100

$265,000

2023

$12,737 (+1.7%)

$15,300 + $219,700

$235,000

2022

$12,527 (+6.1%)

$15,300 + $219,700

$235,000

2021

$11,805 (+2.5%)

$15,300 + $204,700

$220,000

2020

$11,512 (−2.5%)

$15,300 + $204,700

$220,000

2019

$11,811 (+0.2%)

$15,300 + $204,700

$220,000

2018

$11,783 (+4.3%)

$15,300 + $204,700

$220,000

2017

$11,299 (+1.9%)

$15,300 + $204,700

$220,000

2016

$11,087 (+0.4%)

$15,300 + $204,700

$220,000

2015

$11,045 (−1.3%)

$15,300 + $204,700

$220,000

2014

$11,186

$15,300 + $204,700

$220,000

Tax history for 1 Terrace Rd

Year

Property tax

Land + Additions

Assessment*

2026

$10,138

$21,900 + $243,100

$265,000

2025

$10,138 (+5.0%)

$21,900 + $243,100

$265,000

2024

$9,656 (−24.2%)

$21,900 + $243,100

$265,000

2023

$12,737 (+1.7%)

$15,300 + $219,700

$235,000

2022

$12,527 (+6.1%)

$15,300 + $219,700

$235,000

2021

$11,805 (+2.5%)

$15,300 + $204,700

$220,000

2020

$11,512 (−2.5%)

$15,300 + $204,700

$220,000

2019

$11,811 (+0.2%)

$15,300 + $204,700

$220,000

2018

$11,783 (+4.3%)

$15,300 + $204,700

$220,000

2017

$11,299 (+1.9%)

$15,300 + $204,700

$220,000

2016

$11,087 (+0.4%)

$15,300 + $204,700

$220,000

2015

$11,045 (−1.3%)

$15,300 + $204,700

$220,000

2014

$11,186

$15,300 + $204,700

$220,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-4

Multifamily Residential District

The purpose of the R-4 District is to provide for the broadest range of residential living opportunities and permit the highest density desirable within the City. The intent of the R-4 District is to accommodate multifamily residential development and supporting offices or services in accordance with the vision and goals contained in the City of Cortland Comprehensive Plan. Developments in this district shall employ techniques to minimize negative impacts including circulation, parking, glare, noise, etc. on established lower-density residential areas and neighboring properties.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units

Property details

Interior

Basement Information
Basement Type: Full

Bathroom Information
# of Full Baths: 1

Heating & Cooling
Heating Fuel Type: Oil
Heating Type: Hot Air

Room Information
# of Rooms: 6

Exterior

Exterior Information
Physical Condition: Good
Building Style Type: Old
Exterior Wall: Aluminum/Vinyl

Property Information
Subdivision Name: GERALD RIKER & MARY A RIKER
Living Sq. Ft: 1,050
Ground Floor Sq. Ft: 600
# of Stories: 1.7
Legal Description: MEDSKER NANCY G

Lot Information
# of Buildings: 2
Land Sq. Ft: 14,111
Legal Lot Number: 11
Legal Block Number: 2
Municipality Name: CORTLAND
Acres: 0.3239
Depth Footage: 152.7
Front Footage: 92.41
Zoning Code: 03
State Use Description: RESID MULTISITE 1 UN

Utility Information
Sewer Type: Commercial
Water Service Type: Commercial

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 5
Baths: 1.0
Sq. Ft.: 1,050
Stories: 1.7
Lot Size: 0.32 acres
Style: Other
Year Built: 1910
Year Renovated: —
County: Cortland County
APN: 110200A08605700020110000000

Home facts updated by county records on Aug 17, 2026

Around this home

Schools

Randall School

Public 5-6 • Assigned • 0.7mi

4/10

Cortland Junior High School

Public 7-8 • Assigned • 1.0mi

3/10

Cortland Junior Senior High School

Public 9-12 • Assigned • 1.0mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

8 days above 92° expected this year, 17 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Cortland, NY • 13045

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Sell confidently with a local market expert in Cortland. 3 minutes to get started.

Nearby similar homes

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Land— sq ft

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New listings for sale in 13045

NEW 3 HRS AGO

$259,900

5 beds2 baths1,700 sq ft

228 Main St, Cortland, NY 13045

Listing by Yaman Real Estate, (607) 753-9644

OPEN SUN, 10AM TO 12PM

$219,000

3 beds2 baths1,890 sq ft

4 Melvin Ave, Cortland, NY 13045

Listing by Yaman Real Estate, (607) 753-9644

$160,000

4 beds2 baths1,496 sq ft

19 Chestnut St, Cortland, NY 13045

Listing by Howard Hanna, (607) 257-0800

$195,000

6 beds2 baths2,100 sq ft

145 Groton Ave, Cortland, NY 13045

Listing by Yaman Real Estate, (607) 753-9644

$199,900

3 beds2 baths1,092 sq ft

581 State Route 90, Cortland, NY 13045

Listing by Berkshire Hathaway HomeServices Heritage Realty, (607) 428-0708

$429,900

3 beds3 baths2,270 sq ft

3308 Walden Oaks Blvd, Cortland, NY 13045

Listing by River Hills Properties LLC Barn, (315) 896-1009

$369,000

5 beds3 baths2,400 sq ft

2297 Blodgett Mills Rd, Cortland, NY 13045

Listing by Howard Hanna, (607) 257-0800

Home values near 1 Terrace Rd

Data from public records.

Address	Redfin Estimate
5 Pleasant St, Cortland, NY 5 Beds \| 2 Baths \| 2712 Sq. Ft.	$267,765
9 Pleasant St, Cortland, NY 5 Beds \| 4 Baths \| 3252 Sq. Ft.	$293,420

Address	Redfin Estimate
3 Pleasant St, Cortland, NY 6 Beds \| 2 Baths \| 2436 Sq. Ft.	$244,167
7 Pleasant St, Cortland, NY 5 Beds \| 2 Baths \| 1952 Sq. Ft.	$238,628

Address	Redfin Estimate
54 Groton Ave, Cortland, NY - Beds \| - Baths \| 6160 Sq. Ft.	—
7 Homer Ave, Cortland, NY 5 Beds \| 2 Baths \| 2024 Sq. Ft.	$237,849

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 13045, NY

Sale history for 1 Terrace Rd

Tax history for 1 Terrace Rd

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 13045

Home values near 1 Terrace Rd

More real estate resources