Seller's Agent in 2022
Kyle Steele
Howard Hanna S Tier Inc
(607) 342-2148
2 in this area
89 Total Sales
1065 Dryden Rd Ithaca, NY 14850
Varna Neighborhood
Studio
--
Bath
4,968
Sq Ft
4.57
Acres
Highlights
- 4.57 Acre Lot
- Humidifier
- 2 Car Garage
- DeWitt Middle School Rated A-
- Baseboard Heating
About This Home
As of August 2022Incredible investment opportunity awaits the right buyer. Current building has been well maintained and features two 3 bedroom and two 2 bedroom units- all with full basements. With a total of 4.57 acres, this property could be expanded upon significantly. The hamlet of Varna features all municipal services with water, sewer and natural gas and sits just 2 miles from Cornell University. This property consistently has a line of tenants waiting for units to open up. Each one is spacious with open kitchens, large bedrooms, private decks and a large back yard surrounded by woods. Large garage/barn is the perfect place to store tools and equipment. With ample parking for all this building offers a unique mix of an income producing asset and highly sought after land that is prime for development. New roof, windows, decks, gutters & downspouts and exterior paint in 2021!
Last Agent to Sell the Property
Howard Hanna S Tier Inc Brokerage Email: kyle.steele@me.com License #10301200763 Listed on: 04/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,592
Year Built
- Built in 1990
Lot Details
- 4.57 Acre Lot
Home Design
- 4,968 Sq Ft Home
- Poured Concrete
- Frame Construction
- Metal Roof
Kitchen
- Electric Oven
- Electric Range
- Range Hood
- Recirculated Exhaust Fan
- Dishwasher
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Parking
- 2 Car Garage
- Parking Available
- On-Street Parking
- Off-Site Parking
Schools
- Caroline Elementary School
Utilities
- Humidifier
- Baseboard Heating
Community Details
- 4 Units
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 55.-1-15.2
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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 |
|---|---|---|---|---|
| 08/25/2022 08/25/22 | Sold | $850,000 | -8.1% | $171 / Sq Ft |
| 07/26/2022 07/26/22 | Pending | -- | -- | -- |
| 04/07/2022 04/07/22 | For Sale | $925,000 | -- | $186 / 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 | $13,722 | $545,000 | $50,000 | $495,000 |
| 2023 | $9,799 | $350,000 | $50,000 | $300,000 |
| 2022 | $9,819 | $350,000 | $50,000 | $300,000 |
| 2021 | $9,651 | $340,000 | $50,000 | $290,000 |
| 2020 | $11,156 | $340,000 | $50,000 | $290,000 |
| 2019 | $5,516 | $340,000 | $50,000 | $290,000 |
| 2018 | $12,148 | $340,000 | $50,000 | $290,000 |
| 2017 | $11,714 | $325,000 | $50,000 | $275,000 |
| 2016 | $10,866 | $325,000 | $50,000 | $275,000 |
| 2015 | -- | $309,000 | $50,000 | $259,000 |
| 2014 | -- | $309,000 | $50,000 | $259,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Steele
-
Emily Doyle
Buyer's Agent in 2022
Emily Doyle
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 592-3658
2 in this area
91 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: IB406351
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