$233,000
SOLD MAR 20, 2025

116 Lincoln Ave Groton, NY 13073

6 Beds
4 Baths
2,683 Sq Ft
8,996 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

3% Below List Price

26 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • Carpet
  • Skylights
  • Rectangular Lot

About This Home

As of March 2025

This is a three-unit property in the Village of Groton offers excellent investment potential with long-term tenants in place. Located near a bus route and within walking distance of local amenities, it combines small -town charm with convenience.

Unit 1: Spacious2-bedroom with one-level living; ideal for comfort.
Unit 2:Cozy studio, renovated 4 years ago completely.
Unit 3:Large 3-bedroom, also fully renovated 4 years ago, offering plenty of space.
The property features ample off-street parking, a valuable perk in the village. With updated units and a strong rental history, it's ready for reliable income or owner-occupancy.

Don't miss this well-maintained, conveniently located property. Schedule your showing today!

Last Agent to Sell the Property

Jamie Jones

Howard Hanna S Tier Inc Brokerage Phone: 607-257-0800 License #10401338751 Listed on: 12/05/2024

Howard Hanna S Tier Inc

Last Buyer's Agent

Devin Browne

Howard Hanna S Tier Inc License #10401385736

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,123

Year Built

  • Built in 1890

Lot Details

  • 8,996 Sq Ft Lot
  • Lot Dimensions are 52x173
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,683 Sq Ft Home
  • 2-Story Property
  • Skylights

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

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

Location

  • Property is near public transit

Schools

  • Groton Elementary School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Association fees include gardener, snow removal
  • 3 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 502801-007-000-0004-008-001-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,123

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2065
  • Lot Size: 52X173
  • Road Frontage Type: City Street
  • Directions: From Main Street take a right on Lincoln Ave. Building is on the right.
  • Architectural Style: Triplex
  • Year Built Details: Existing
  • Year Built: 1890
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 607-257-0800
  • Special Features: VirtualTour
  • Year Built: 1890

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Laminate, Varies, Vinyl
  • Living Area: 2683.0
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Near Public Transit, Rectangular, Residential Lot
  • Waterfront: No
  • Construction Type: Frame
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Gardener, Snow Removal

Schools

  • Elementary School: Groton Elementary
  • Junior High Dist: Groton

Lot Info

  • Lot Size Sq Ft: 8996.0
  • Parcel #: 502801-007-000-0004-008-001-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 4123.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 1800
Closed on
Jul 1, 2014
Sold by
Usefara Leonard
Bought by
Riemer Kelby
Seller's Agent
Christine DelVecchio
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Kevin O'Connor
Berkshire Hathaway HomeServices Heritage Realty
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$217,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,707
Avg. Annual Appreciation
5.10%
Original Mortgage
$93,750
Outstanding Balance
$71,697
Interest Rate
4.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$146,010

Purchase Details

Closed on
Sep 11, 2003
Sold by
Drake Kevin
Bought by
Usefara Leonard J

Purchase Details

Closed on
Sep 21, 2001
Sold by
Drake Charlotte L
Bought by
Drake Kevin
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $125,000 Randy Marcus
Deed $83,900 Ralph W Nash
Interfamily Deed Transfer -- Solomon Mark
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,750 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $233,000 -2.9% $87 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $240,000 +92.0% $89 / Sq Ft
07/01/2014 07/01/14 Sold $125,000 0.0% $58 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
01/01/1800 01/01/00 For Sale $125,000 -- $58 / Sq Ft
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 $5,243 $160,000 $9,700 $150,300
2023 $5,243 $145,000 $9,700 $135,300
2022 $5,107 $130,000 $9,700 $120,300
2021 $5,191 $130,000 $9,700 $120,300
2020 $2,590 $130,000 $9,700 $120,300
2019 $4,946 $130,000 $9,700 $120,300
2018 $4,974 $120,000 $9,700 $110,300
2017 $4,891 $120,000 $9,700 $110,300
2016 $4,935 $120,000 $9,700 $110,300
2015 -- $120,000 $9,700 $110,300
2014 -- $110,000 $9,700 $100,300
Source: Public Records

Agents Affiliated with this Home

  • Jamie Jones

    Seller's Agent in 2025

    Jamie Jones

    Howard Hanna S Tier Inc

    (607) 279-8847

    3 in this area

    55 Total Sales

    Jamie Jones
    Section Image

  • D

    Buyer's Agent in 2025

    Devin Browne

    Howard Hanna S Tier Inc

    (609) 342-7705

    1 in this area

    1 Total Sale

    Devin Browne
    Section Image

  • C

    Seller's Agent in 2014

    Christine DelVecchio

    Warren Real Estate of Ithaca Inc.

    Section Image

  • K

    Buyer's Agent in 2014

    Kevin O'Connor

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 592-0694

    2 in this area

    4 Total Sales

    Kevin O'Connor
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1580051

APN: 502801-007-000-0004-008-001-0000

New York Tompkins County Groton Township 13073

116 Lincoln Ave, Groton Township, NY

This home is located at 116 Lincoln Ave, Groton, NY 13073 and is currently priced at $233,000, approximately $86 per square foot. This property was built in 1890. 116 Lincoln Ave is a home located in Tompkins County with nearby schools including Groton Elementary School and Groton Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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