NOT LISTED FOR SALE

116 E Spencer St Ithaca, NY 14850

South Hill Neighborhood

Estimated Value: $222,000 - $399,000

3 Beds
3 Baths
-- Sq Ft
1,133 Sq Ft Lot

Last Sold January 13, 2014

Last sale price $190,000

Est. 80% increase in value since last sale

Current estimated payment $2,167/month

78,144 Days on Market

Highlights

  • Furnished
  • South Hill School Rated A-
  • Hot Water Heating System

About This Home

As of January 2014

Circa 1900 home converted into three units. First floor one bedroom, and two second floor studio apartments. Recent renovations done is all three units. spacious storage room in the lower level. This property is being sold simultaneously with the four unit on the south. Pleasant side along Six-Mile Creek and close to downtown and Southwest shopping areas. Excellent rental history. New electrical certificates in progress.

Last Agent to Sell the Property

Christopher Anagnost

Christopher George Real Estate Brokerage Email: chris@christophergeorgerealestate.com License #37AN0236407 Listed on: 01/01/1800

Last Buyer's Agent

Sarah Wisdorf

Ithaca Board Reciprocal/Non-member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,736

Year Built

  • Built in 1900

Lot Details

  • 1,133

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • Furnished
  • Walk-Out Basement

Kitchen

  • Gas Oven
  • Gas Range

Schools

  • South Hill Elementary School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 500700 81.-10-10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,736

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Water Body Name: None
  • Directions: Beige - E. Spencer St. between E. Clinton & S. Cayuga St. at juncture of S. Cayuga St. Parking either on E. Spencer or S. Cayuga Sts.
  • Year Built: 1900
  • Attribution Contact: chris@christophergeorgerealestate.com
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Has Basement: Walk-Out Access

Exterior Features

  • Foundation Details: Stone
  • Roof: Asphalt

Utilities

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

Schools

  • Elementary School: South Hill
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 500700 81.-10-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4736.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 1800
Closed on
Jan 13, 2014
Sold by
Johnson Trust Theron L
Bought by
Ivanchikova Alla
Seller's Agent
Christopher Anagnost
Christopher George Real Estate
Buyer's Agent
Sarah Wisdorf
Ithaca Board Reciprocal/Non-member
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$341,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,123
Avg. Annual Appreciation
5.01%
Original Mortgage
$142,500
Outstanding Balance
$94,065
Interest Rate
4.29%
Mortgage Type
Commercial
Estimated Equity
$247,058
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ivanchikova Alla $190,000 Christi Miller
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivanchikova Alla $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2014 01/13/14 Sold $190,000 +0.1% --
12/14/2013 12/14/13 Pending -- -- --
01/01/1800 01/01/00 For Sale $189,900 -- --
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 $4,556 $220,000 $20,000 $200,000
2023 $4,419 $194,000 $20,000 $174,000
2022 $6,593 $180,000 $20,000 $160,000
2021 $6,509 $175,000 $20,000 $155,000
2020 $4,189 $175,000 $20,000 $155,000
2019 $6,215 $175,000 $20,000 $155,000
2018 $4,272 $175,000 $20,000 $155,000
2017 $4,570 $190,000 $15,000 $175,000
2016 $4,782 $190,000 $15,000 $175,000
2015 -- $190,000 $15,000 $175,000
2014 -- $190,000 $15,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Christopher Anagnost

    Christopher George Real Estate

    (607) 279-5520

    4 in this area

    27 Total Sales

    Christopher Anagnost
    Section Image
  • Sarah Wisdorf

    Buyer's Agent in 2014

    Sarah Wisdorf

    Ithaca Board Reciprocal/Non-member

    (607) 257-1001

    2 in this area

    158 Total Sales

    Sarah Wisdorf
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB139646

APN: 500700-081-000-0010-010-000-0000

New York Tompkins County Ithaca 14850 South Hill

116 E Spencer St, Ithaca, NY

Not Listed for Sale

MultiFamily

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