NOT LISTED FOR SALE
-- Bed
-- Bath
4,472 Sq Ft
1.52 Acre Lot

Sale Details

Date Sold: August 2, 2016

Last sale price $555,000 $124 Per Sq Ft

131 Days on Market

Highlights

  • Baseboard Heating
  • Caroline Elementary School Rated 9+
  • 1 Car Garage

About This Home

As of August 2016

Great opportunity! 5 Unit investment property, Four-plex with a separate bungalow. Plans submitted to Town of Dryden for two additional side-by-side duplexes, for a total of 24 bedrooms. Minutes from Cornell Vet School and on the bus line. Many recent upgrades. See additional docs for specifics.

Last Agent to Sell the Property

Steven Schapiro

CSP Management Brokerage Email: steven.schapiro@warrenhomes.com License #10401281219 Listed on: 02/22/2016

Last Buyer's Agent

Jolene Rightmyer-Macolini

Berkshire Hathaway HomeServices Heritage Realty License #30RI0970594

Berkshire Hathaway HomeServices Heritage Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,970

Year Built

  • Built in 1938

Lot Details

  • 1.52 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • Poured Concrete
  • Metal Roof

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Cayuga Heights Elementary School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating

Community Details

  • 5 Units
  • Gross Income $79,344

Listing and Financial Details

  • Assessor Parcel Number 502489 55.-1-17.2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,970

Year Built

Built in 1938

Lot Details

1.52 Acres

Parking

1

Listing Details

  • Prop. Type: Multi Family
  • Lot Size Acres: 1.52
  • Water Body Name: None
  • Directions: From Cornell Vet School, head north on Dryden Rd. for 1.8 miles, property will be on the right.
  • Garage Yn: Yes
  • Year Built: 1938
  • Attribution Contact: steven.schapiro@warrenhomes.com
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No

Exterior Features

  • Foundation Details: Poured
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Heating: Gas, Baseboard
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 66211.0
  • Parcel #: 502489 55.-1-17.2

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 5
  • Annual Gross Income: 79344.0

Tax Info

  • Tax Annual Amount: 10970.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
Aug 2, 2016
Sold by
Bought by
Seller's Agent
Steven Schapiro
CSP Management
Buyer's Agent
Jolene Rightmyer-Macolini
Berkshire Hathaway HomeServices Heritage Realty
List Price
$599,000
Sold Price
$555,000
Premium/Discount to List
-$44,000
-7.35%

Purchase Details

Listed on
Jan 1, 1800
Closed on
Mar 7, 2014
Sold by
Bought by
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%

Purchase Details

Listed on
Jan 1, 1800
Closed on
Mar 4, 2014
Sold by
Bought by
List Price
$425,000
Sold Price
$425,000

Purchase Details

Closed on
Oct 1, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$555,000 Albanese Jonathan
$425,000 Ralph Nash
-- Richard Wallace
$275,000 Joseph Allen
$170,469 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2016 08/02/16 Sold $555,000 -7.3% $124 / Sq Ft
07/03/2016 07/03/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $599,000 +40.9% $134 / Sq Ft
03/07/2014 03/07/14 Sold $425,000 0.0% $95 / Sq Ft View Prior Sale
02/05/2014 02/05/14 Pending -- -- --
01/01/1800 01/01/00 For Sale $425,000 -- $95 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $590,000 $31,000 $559,000
2024 $14,910 $590,000 $31,000 $559,000
2023 $16,378 $590,000 $31,000 $559,000
2022 $16,494 $590,000 $31,000 $559,000
2021 $16,326 $580,000 $31,000 $549,000
2020 $16,222 $580,000 $31,000 $549,000
2019 $6,601 $580,000 $31,000 $549,000
2018 $16,768 $580,000 $31,000 $549,000
2017 $16,104 $550,000 $50,000 $500,000
2016 $12,711 $425,000 $50,000 $375,000
2015 -- $425,000 $50,000 $375,000
2014 -- $273,000 $50,000 $223,000
Source: Public Records

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB305046

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