NOT LISTED FOR SALE

103 Shultz Dr Newfield, NY 14867

Estimated Value: $172,000 - $208,000

4 Beds
2 Baths
1,416 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: February 11, 2025

Last sale price $193,000 $136 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,401 / mo

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

  • 31,798 Sq Ft 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

Listing and Financial Details

  • The owner pays for grounds care, snow removal
  • Assessor Parcel Number 503400-010-000-0001-008-047-0000

Community Details

Overview

  • Association fees include gardener, snow removal
  • 2 Units

Building Details

  • 2 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,647

Year Built

Built in 1971

Lot Details

0.73 Acres

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
  • Property Sub Type Additional: Duplex
  • Attribution Contact: 607-257-0800
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1971

Interior Features

  • Appliances: Electric Water Heater
  • Owner Pays: Grounds Care, Snow Removal
  • 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, Rectangular Lot
  • 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

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 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
$195,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,075
Avg. Annual Appreciation
5.71%
Original Mortgage
$67,500
Outstanding Balance
$4,009
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$191,066

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Riemer Kelby T $90,000 Don Crittenden
Elmira Savings Bank Fsb $98,679 Anthony Pagano
Perry Timothy W $100,500 Edward A Mazza
Mccord John $75,000 Michael Fanariello
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
Open Riemer Kelby T $67,500
Previous Owner Perry Timothy W $98,679
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

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 $4,332 $190,000 $12,800 $177,200
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

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1580123

APN: 503400101847

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