Seller's Agent in 2021
Laurel Guy
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 227-1556
1 in this area
145 Total Sales
104 Lake Ave Ithaca, NY 14850
North Side Neighborhood
7
Beds
4
Baths
5,087
Sq Ft
1890
Built
Highlights
- Forced Air Heating System
- Walk-Up Access
- 1-minute walk to Thompson Park
- DeWitt Middle School Rated A-
About This Home
As of May 2021Unique opportunity. Profitable. Distinctive Downtown Income Property: 11BR, 3.5 Bath Rooming House in great location. 5 minute walk to Ithaca Commons. At the corner of Cascadilla Street and Lake Avenue. Next to Cascadilla Creek and Thompson Park. Back in the day, it was a Ithaca College residence hall for women -- Cascadilla Hall -- when the campus was downtown. It has been a successful rooming house for over 50 years. Other possible uses: Airbnb, co-living OR could be converted back to a spacious Duplex. Hardwood floors. Original Woodwork. High Ceilings. Large Living Room. Office. Two Staircases. Well maintained: Many Replacement Windows. High Efficiency Furnaces. 200 Amp Electric. Sprinkler System. Dry basement. Walk-up attic. Two porches. Back Deck. Small low-maintenance yard. Plenty of on-street parking. Current Certificate of Compliance. Zoned R-2: So much potential!
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: guy.laurel@gmail.com License #10371201385 Listed on: 10/28/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,500
Year Built
- Built in 1890
Parking
- No Driveway
Home Design
- 5,087 Sq Ft Home
- Poured Concrete
- Frame Construction
Kitchen
- Electric Oven
- Electric Range
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Exterior Basement Entry
Schools
- Beverly J Martin Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- 11 Units
Listing and Financial Details
- Assessor Parcel Number 45.-4-12
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2021 05/11/21 | Sold | $467,000 | -11.0% | $92 / Sq Ft |
| 04/11/2021 04/11/21 | Pending | -- | -- | -- |
| 10/28/2020 10/28/20 | For Sale | $525,000 | -- | $103 / 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 |
|---|---|---|---|---|
| 2024 | $9,700 | $480,000 | $35,000 | $445,000 |
| 2023 | $10,627 | $480,000 | $35,000 | $445,000 |
| 2022 | $14,237 | $480,000 | $35,000 | $445,000 |
| 2021 | $11,374 | $310,000 | $35,000 | $275,000 |
| 2020 | $7,127 | $310,000 | $35,000 | $275,000 |
| 2019 | $8,019 | $280,000 | $35,000 | $245,000 |
| 2018 | $6,765 | $280,000 | $35,000 | $245,000 |
| 2017 | $6,217 | $250,000 | $20,000 | $230,000 |
| 2016 | $6,273 | $250,000 | $20,000 | $230,000 |
| 2015 | -- | $235,000 | $20,000 | $215,000 |
| 2014 | -- | $235,000 | $20,000 | $215,000 |
Source: Public Records
Agents Affiliated with this Home
-
Laurel Guy
Map
Source: Ithaca Board of REALTORS®
MLS Number: IB403236
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