NOT LISTED FOR SALE

115 Crescent Place Unit 17 Ithaca, NY 14850

South Hill Neighborhood

Estimated Value: $277,000 - $352,000

4 Beds
2 Baths
1,650 Sq Ft
$198/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2021

Last sale price $266,000 $161 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,090 / mo

27 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Forced Air Heating System
  • South Hill School Rated A-

About This Home

As of September 2021

This property is part of package offering made up of 6 identical duplexes, one 3 family property, plus 2 vacant parcels- all in the South Hill neighborhood in the City of Ithaca. Walking distance to Cornell and Ithaca Colleges. Sellers prefers to sell all properties together for $2,205,000. (included in bundle:MLS no's S1318257,S1318254,S1318253,S1318252,S1318251,S1318249,S1318248,S1318255,S1318256) Duplex units are fully rented on each side. Units are easy to rent as tenants like the convenient locations, on site laundry, and greenspace in yards. Low maintenance properties, and all within a few blocks of each other make them easy to manage. An exceptional opportunity to take over turn-key rental business. These properties have been owned by same family for 70 years!

Last Agent to Sell the Property

Kathleen/Vincent Cole

Listing by Howard Hanna Real Estate License #30CO0952028 Listed on: 02/11/2021

Howard Hanna Real Estate

Co-Listed By

David Ezzo

Listing by Howard Hanna Real Estate License #40EZ1108823

Last Buyer's Agent

NON MLS

Listing by Syracuse Non-MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,527

Year Built

  • Built in 1949

Lot Details

  • 8,190 Sq Ft Lot
  • Lot Dimensions are 65x126

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Aluminum Siding
  • Steel Siding
  • Copper Plumbing

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 8
  • Assessor Parcel Number 500700-108-000-0001-008-000-0000

Community Details

Overview

  • 2 Units
  • South Hill Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,527

Year Built

Built in 1949

Lot Details

8,190 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Year Built: 1949
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: RUSA202
  • Co List Office Phone: 315-446-8291
  • Subdivision Name: South Hill
  • Directions: South Aurora to Hudson to Crescent
  • Architectural Style: Duplex
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.188
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Copper Plumbing
  • Foundation Details: Block

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Ithaca

Lot Info

  • Parcel Number: 500700-108-000-0001-008-000-0000
  • Lot Dimensions: 65X126
  • Lot Size Sq Ft: 8190.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 8527.0
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Sep 2, 2021
Sold by
P G & El Enterprises Inc
Bought by
Zbk Properties Llc
Seller's Agent
Kathleen/Vincent Cole
Howard Hanna Real Estate
Buyer's Agent
NON MLS
Syracuse Non-MLS
List Price
$300,000
Sold Price
$266,000
Premium/Discount to List
-$34,000
-11.33%
Current Estimated Value
$325,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,974
Avg. Annual Appreciation
4.39%
Original Mortgage
$212,800
Outstanding Balance
$190,326
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$135,648
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
Zbk Properties Llc $266,000 None Available
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 Zbk Properties Llc $212,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $266,000 -11.3% $161 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $300,000 -- $182 / Sq Ft
Source: Central New York Information Services

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
2025 $10,445 $320,000 $58,700 $261,300
2024 $6,434 $320,000 $58,700 $261,300
2023 $6,320 $286,000 $58,700 $227,300
2022 $9,001 $265,000 $58,700 $206,300
2021 $8,580 $240,000 $58,700 $181,300
2020 $5,491 $240,000 $58,700 $181,300
2019 $6,020 $220,000 $58,700 $161,300
2018 $5,267 $220,000 $58,700 $161,300
2017 $4,925 $200,000 $33,500 $166,500
2016 $4,970 $200,000 $33,500 $166,500
2015 -- $175,000 $33,500 $141,500
2014 -- $175,000 $33,500 $141,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1318254

Central New York Information Services

APN: 500700-108-000-0001-008-000-0000

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