Seller's Agent in 2021
Laurel Guy
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 227-1556
144 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
- Gross Income $73,307
Listing and Financial Details
- Assessor Parcel Number 45.-4-12
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
Oct 28, 2020
Closed on
Mar 19, 2021
Sold by
Bought by
Seller's Agent
Laurel Guy
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$525,000
Sold Price
$467,000
Premium/Discount to List
-$58,000
-11.05%
Purchase Details
Closed on
Jul 2, 2018
Sold by
Bought by
Purchase Details
Closed on
Sep 30, 1999
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $467,000 | Stewart Title | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|---|
| 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
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 | $15,998 | $480,000 | $35,000 | $445,000 |
| 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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