Seller's Agent in 2021
Claudia Lagalla
Howard Hanna S Tier Inc
(607) 342-3749
2 in this area
125 Total Sales
1056 Dryden Rd Ithaca, NY 14850
Varna Neighborhood
--
Bed
--
Bath
3,864
Sq Ft
0.9
Acres
Highlights
- Baseboard Heating
- DeWitt Middle School Rated A-
- Coin Laundry
About This Home
As of September 2021Fantastically updated 4 unit property with a 7% CAP rate providing immediate positive cash flow. All new boilers, hot water heaters, new double pane windows, new flooring, updated kitchens with new cabinets, updated bathrooms, lighting, paint. Beautiful Cayuga Trail runs along the back border and leads to 550-acre Monkey Run Natural Area. An investment doesn't get easier than this. Huge driveway with turn around room plus a large wooded backyard. Almost a full acre. Only 1.8 miles to Cornell Campus, Vet School, and the bus to campus stops almost right in front of the house. This is a good opportunity for an investor, or perfect for someone who will be here to attend school.
Last Agent to Sell the Property
Howard Hanna S Tier Inc Brokerage Email: homes@clagalla.com License #10301206699 Listed on: 04/15/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,194
Year Built
- Built in 1975
Lot Details
- 0.9 Acre Lot
Home Design
- 3,864 Sq Ft Home
- Block Foundation
- Poured Concrete
- Frame Construction
- Asphalt Roof
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
Schools
- Caroline Elementary School
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
Community Details
- 4 Units
- Coin Laundry
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 55.-1-12
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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 |
|---|---|---|---|---|
| 09/14/2021 09/14/21 | Sold | $415,000 | 0.0% | $107 / Sq Ft |
| 08/15/2021 08/15/21 | Pending | -- | -- | -- |
| 04/15/2021 04/15/21 | For Sale | $415,000 | -- | $107 / Sq Ft |
Source: Ithaca Board of REALTORS®
Tax History Compared to Growth
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 | $8,929 | $350,000 | $30,000 | $320,000 |
| 2023 | $9,799 | $350,000 | $30,000 | $320,000 |
| 2022 | $9,819 | $350,000 | $30,000 | $320,000 |
| 2021 | $9,651 | $340,000 | $30,000 | $310,000 |
| 2020 | $9,139 | $340,000 | $30,000 | $310,000 |
| 2019 | $3,499 | $300,000 | $30,000 | $270,000 |
| 2018 | $7,219 | $250,000 | $30,000 | $220,000 |
| 2017 | $8,406 | $240,000 | $30,000 | $210,000 |
| 2016 | $8,330 | $240,000 | $30,000 | $210,000 |
| 2015 | -- | $221,000 | $30,000 | $191,000 |
| 2014 | -- | $221,000 | $30,000 | $191,000 |
Source: Public Records
Agents Affiliated with this Home
-
Claudia Lagalla
-
Steven Saggese
Buyer's Agent in 2021
Steven Saggese
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 280-4350
2 in this area
278 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: IB404180
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