NOT LISTED FOR SALE
-- Bed
-- Bath
5,351 Sq Ft
8,450 Sq Ft Lot

Last Sold March 10, 2023

Last sale price $1,175,000 $220 Per Sq Ft

462 Days on Market

Highlights

  • Furnished
  • 2 Car Garage
  • Laundry Facilities
  • DeWitt Middle School Rated A-
  • Heating System Uses Steam

About This Home

As of March 2023

Excellent investment opportunity near the heart of college town. Minutes away from the Ithaca Commons and right next to the bus route. Each unit is clean and meticulously maintained. Excellent rental history and is currently fully rented through the 2022-2023 academic year. Coin-op laundry in the basement. Additional income generated from leasing parking spaces.

Last Agent to Sell the Property

Jill Burlington

Warren Real Estate of Ithaca Inc. Brokerage Email: jill@warrenhomes.com License #30BU0950986 Listed on: 11/03/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 8,450 Sq Ft Lot
  • Lot Dimensions are 65x130

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 5,351 Sq Ft Home
  • Furnished

Kitchen

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Dirt Floor

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • On-Street Parking
  • Off-Site Parking
  • Assigned Parking

Schools

  • Belle Sherman Elementary School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 500700 68.-3-21

Community Details

Overview

  • 5 Units
  • Collegetown Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Multi Family
  • Lot Size Acres: 0.194
  • Lot Size: 65X130
  • Subdivision Name: Collegetown
  • Directions: From downtown Ithaca, travel east on NY-79, turn left onto N Quarry St, 100 feet the property is on the right.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Year Built: 1975
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: jill@warrenhomes.com
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Dirt Floor, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Living Area: 5351.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stone
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Assigned, Concrete, Carport, Garage, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 8450.0
  • Parcel #: 500700 68.-3-21
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 5
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $1,175,000 -9.6% $220 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
11/03/2021 11/03/21 For Sale $1,300,000 -- $243 / 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 $20,787 $1,040,000 $95,000 $945,000
2023 $22,800 $1,040,000 $95,000 $945,000
2022 $35,981 $1,040,000 $95,000 $945,000
2021 $35,139 $990,000 $95,000 $895,000
2020 $22,409 $990,000 $95,000 $895,000
2019 $19,619 $900,000 $95,000 $805,000
2018 $17,149 $720,000 $95,000 $625,000
2017 $15,923 $650,000 $45,000 $605,000
2016 $16,069 $650,000 $45,000 $605,000
2015 -- $575,000 $45,000 $530,000
2014 -- $575,000 $45,000 $530,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB405636