$193,000
SOLD FEB 11, 2025

103 Shultz Dr Newfield, NY 14867

4 Beds
2 Baths
1,416 Sq Ft
0.73 Acres

Recently Sold

$136 Per Sq Ft

4% Below List Price

11 Days on Market

Highlights

  • Baseboard Heating
  • Wood Siding
  • 1-Story Property
  • Rectangular Lot
  • Vinyl Flooring

About This Home

As of February 2025

Nestled in the peaceful countryside of Newfield, this well-maintained duplex offers a fantastic investment opportunity. Each unit features 2 spacious bedrooms, 1 full bathroom, and the bonus of a private basement, providing ample storage and functionality. This property boasts long-term tenants, ensuring steady rental income from the start. The rural setting offers a serene lifestyle while still being within a short drive to Ithaca and other local amenities. Whether you're looking to expand your portfolio or own a home with a built in income, this property is a smart choice. Don't miss out on this versatile investment; schedule a showing today!

Last Agent to Sell the Property

Jamie Jones

Howard Hanna S Tier Inc Brokerage Phone: 607-257-0800 License #10401338751 Listed on: 12/05/2024

Howard Hanna S Tier Inc

Last Buyer's Agent

Madison Monti

Howard Hanna S Tier Inc License #10401385563

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,647

Year Built

  • Built in 1971

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 144x204
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Newfield Elementary School

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Association fees include gardener, snow removal
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 503400-010-000-0001-008-047-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,647

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Lot Size: 144X204
  • Road Frontage Type: Main Thoroughfare
  • Directions: GPS directions are accurate.
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: Existing
  • Year Built: 1971
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Attribution Contact: 607-257-0800
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1971

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Varies, Vinyl
  • Living Area: 1416.0
  • Stories: 1

Exterior Features

  • Lot Features: Rectangular
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Property Condition: Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Gardener, Snow Removal

Schools

  • Elementary School: Newfield Elementary
  • Junior High Dist: Newfield

Lot Info

  • Lot Size Sq Ft: 31798.0
  • Parcel #: 503400-010-000-0001-008-047-0000
  • Zoning Description: Agricultural
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3647.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2012
Closed on
Jun 6, 2012
Sold by
The Elmira Savings Bank
Bought by
Riemer Kelby T
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$192,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,531
Avg. Annual Appreciation
5.77%
Original Mortgage
$67,500
Outstanding Balance
$7,433
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$185,098

Purchase Details

Closed on
Dec 13, 2010
Sold by
Perry Timothy W
Bought by
Elmira Savings Bank Fsb

Purchase Details

Closed on
Nov 30, 2009
Sold by
Mccord John
Bought by
Perry Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,679
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Chapman Kenneth R
Bought by
Mccord John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $90,000 Don Crittenden
Foreclosure Deed $98,679 Anthony Pagano
Deed $100,500 Edward A Mazza
Deed $75,000 Michael Fanariello
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $67,500 New Conventional
Previous Owner $98,679 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2025 02/11/25 Sold $193,000 -3.5% $136 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $200,000 +122.2% $141 / Sq Ft
06/06/2012 06/06/12 Sold $90,000 0.0% $64 / Sq Ft View Prior Sale
05/07/2012 05/07/12 Pending -- -- --
03/08/2012 03/08/12 For Sale $90,000 -- $64 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $3,654 $149,000 $12,800 $136,200
2023 $3,934 $149,000 $12,800 $136,200
2022 $3,723 $135,000 $12,800 $122,200
2021 $3,600 $125,000 $12,800 $112,200
2020 $3,594 $125,000 $12,800 $112,200
2019 $3,385 $125,000 $12,800 $112,200
Source: Public Records

Agents Affiliated with this Home

  • Jamie Jones

    Seller's Agent in 2025

    Jamie Jones

    Howard Hanna S Tier Inc

    (607) 279-8847

    2 in this area

    59 Total Sales

    Jamie Jones
    Section Image
  • Madison Monti

    Buyer's Agent in 2025

    Madison Monti

    Howard Hanna S Tier Inc

    (607) 426-1608

    1 in this area

    8 Total Sales

    Madison Monti
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1580123

APN: 503400101847

New York Tompkins County Newfield 14867

103 Shultz Dr, Newfield, NY

Sold

MultiFamily

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