NOT LISTED FOR SALE

1108 N Aurora St Ithaca, NY 14850

Fall Creek Neighborhood

Estimated Value: $387,000 - $461,000

3 Beds
3 Baths
1,996 Sq Ft
$209/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2020

Last sale price $333,000 $167 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,233 / mo

50 Days on Market

Highlights

  • Heating System Uses Steam
  • Partially Fenced Property
  • 2-minute walk to Ithaca Falls Natural Area
  • Boynton Middle School Rated A-

About This Home

As of September 2020

Great Fall Creek three-unit with lots of character and small, easy to rent units. Could also be great owner occupied. Excellent mechanicals. Current rental income exceeds $35,000. Long term tenants in all apartments and income could be increased. 2018 Certificate of Compliance shows building legal for 6 unrelated. Landlord pays heat (brand new boiler); electricity in apts paid by tenants. New hot water heater, main drain, and single station fire alarm panel. Ample off street parking. A fine investment.

Last Agent to Sell the Property

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: carol@carolbushberg.com License #10301223410 Listed on: 07/07/2020

Last Buyer's Agent

Fayerty Cokeley

Warren Real Estate of Ithaca Inc. (Downtown) License #10401278688

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,800

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • 1,996 Sq Ft Home
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof

Kitchen

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Fall Creek Elementary School
  • Boynton Middle School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Steam

Community Details

  • Fall Creek Subdivision
  • Gross Income $35,580

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 500700 12.-4-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,800

Year Built

Built in 1910

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: Fall Creek
  • Directions: On North Aurora, between East Lincoln and East Falls Street. House is on the west side of the street, white, aluminum siding.
  • Year Built: 1910
  • Attribution Contact: carol@carolbushberg.com
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Exhaust Fan, Gas Oven, Gas Range, Refrigerator, Range Hood
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Living Area: 1996.0

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame
  • Exterior Features: Fence
  • Foundation Details: Poured
  • Roof: Asphalt

Utilities

  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 500700 12.-4-5

Rental Info

  • Tenant Pays: Electricity, Other, See Remarks

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 3
  • Annual Gross Income: 35580.0

Tax Info

  • Tax Annual Amount: 9800.0

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

Closed on
Feb 8, 2021
Sold by
Bought by
Current Estimated Value
$416,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Outstanding Balance
$93,315
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$323,018

Purchase Details

Listed on
Jul 7, 2020
Closed on
Sep 21, 2020
Sold by
Bought by
Seller's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Fayerty Cokeley
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$334,000
Sold Price
$333,000
Premium/Discount to List
-$1,000
-0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$266,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 1800
Closed on
Apr 4, 2014
Sold by
Bought by
List Price
$225,000
Sold Price
$251,108
Premium/Discount to List
$26,108
11.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Bought by

Purchase Details

Closed on
May 27, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$125,000 Stewart Title
$333,000 None Available
$251,108 Michael May
$190,000 Mark Wheeler
$160,000 Don Crittendon
$75,000 Salk Jim
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $106,250
Previous Owner $266,400
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 Prior Sale
09/25/2020 09/25/20 Sold $333,000 -0.3% $167 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $334,000 +33.0% $167 / Sq Ft
04/04/2014 04/04/14 Sold $251,108 +11.6% $126 / Sq Ft View Prior Sale
03/05/2014 03/05/14 Pending -- -- --
01/01/1800 01/01/00 For Sale $225,000 -- $113 / 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 $11,962 $360,000 $38,800 $321,200
2024 $7,299 $360,000 $38,800 $321,200
2023 $8,188 $369,000 $38,800 $330,200
2022 $11,104 $335,000 $38,800 $296,200
2021 $10,178 $280,000 $38,800 $241,200
2020 $6,499 $280,000 $38,800 $241,200
2019 $4,489 $265,000 $38,800 $226,200
2018 $6,379 $265,000 $38,800 $226,200
2017 $6,184 $250,000 $27,900 $222,100
2016 $6,240 $250,000 $27,900 $222,100
2015 -- $220,000 $27,900 $192,100
2014 -- $220,000 $27,900 $192,100
Source: Public Records

Agents Affiliated with this Home

  • Carol Bushberg

    Seller's Agent in 2020

    Carol Bushberg

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 279-4530

    11 in this area

    133 Total Sales

    Carol Bushberg
    Section Image

  • F

    Buyer's Agent in 2020

    Fayerty Cokeley

    Warren Real Estate of Ithaca Inc. (Downtown)

    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB402415

APN: 500700-012-000-0004-005-000-0000

New York Tompkins County Ithaca 14850 Fall Creek

1108 N Aurora St, Ithaca, NY

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