Cortland Home Sells For $285K On Oak Street

A residential real estate transaction recently captured local attention when a single-family home located at 201 South Oak Street in Cortland officially sold for $285,000. The sale of this property was officially finalized on August 4, marking another notable closing in the region.

This market movement highlights the steady demand for housing options throughout the Cortland neighborhood. Industry professionals often review these sales patterns to understand broader shifts in informational guides concerning property valuations and neighborhood growth.

Property Features and Layout

Constructed in 2007, the single-family residence offers a comfortable layout featuring three bedrooms and two bathrooms. These mid-2000s builds remain popular among buyers looking for functional spaces that fit modern lifestyles.

Interior Comforts and Lot Details

The interior of the home is equipped with forced air heating alongside central air conditioning to ensure year-round climate control. For everyday parking and added convenience, the property also includes an attached garage.

Occupying a physical lot that covers a total area of 3,049 square feet, the property strikes a balance between manageable outdoor space and comfortable indoor living. Enthusiasts of home design frequently appreciate how efficiently properties from this era utilize their spatial footprints.

Surrounding Market Activity

To better understand the local real estate climate, experts often look at comparable transactions nearby. For instance, a home on South Llanos Street traded hands in July for $287,000, aligning very closely with the Oak Street closing price.

Slightly higher figures were observed elsewhere in the neighborhood during the same summer period. A smaller property on South Hahn Road sold for $360,000 in July, while another transaction on South Amber Avenue reached $326,000.

Broader Real Estate Trends

These surrounding sales collectively illustrate a vibrant and active residential market within the Cortland area. Property values continue to show resilience as buyers actively seek out well-maintained suburban single-family homes.

Monitoring these hyper-local trends provides valuable context for future buyers and sellers navigating the market. Whether you are tracking modern developments or studying historical architecture, community sales data remains an essential tool for evaluating long-term real estate potential.

 
Here is the source article for this story: Sale closed in Cortland: $285,000 for a three-bedroom home