116 Terrace View Dr Ithaca, NY 14850
Estimated payment $3,088/month
Highlights
- Deck
- Property is near public transit
- Bonus Room
- DeWitt Middle School Rated A-
- 1 Fireplace
- Granite Countertops
About This Home
Sophisticated Townhouse Living Just Moments from Cornell University Welcome to this beautifully maintained 3-bedroom, 2.5 bath townhouse offering 1,838 square feet of thoughtfully designed living space in one of Ithaca’s most convenient and desirable locations. Designed with flexibility in mind, the layout easily adapts to a variety of lifestyles whether you're seeking a primary residence, a lock and leave retreat, or a strategic investment property. A dedicated office provides an ideal work from home environment, while the third bedroom offers additional versatility for guests, workspace, or creative use. The updated kitchen features contemporary finishes, quality appliances, and generous cabinetry perfect for both everyday living and entertaining. The open concept living and dining areas are filled with natural light, creating a warm, inviting atmosphere that flows seamlessly throughout the home. Upstairs, you’ll find three well proportioned bedrooms and two full baths, along with the added convenience of second floor laundry. A brand new boiler (January 2026) enhances efficiency and peace of mind. Set within a quiet, well maintained community, this home offers true low maintenance living. Its location is unmatched just minutes to Cornell University, Ithaca College, downtown Ithaca, and everyday amenities, with easy access to public transportation. Nearby parks, walking trails, and bike paths provide year round opportunities to enjoy Ithaca’s natural beauty. Whether you're a professional seeking proximity to campus, a buyer looking for ease and convenience, or an investor capitalizing on a high demand location, this property presents a rare combination of comfort, flexibility, and long term value.
Listing Agent
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-592-0474 License #30BU0950986 Listed on: 03/25/2026
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $8,667
Year Built
- Built in 1986
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 64x150
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Slab Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,838 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- 1 Fireplace
- Home Office
- Bonus Room
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Range
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Schools
- Belle Sherman Elementary School
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Energy-Efficient Windows
- Deck
- Property is near public transit
Community Details
- Pets Allowed
Listing and Financial Details
- Assessor Parcel Number 503089-058-000-0002-039-342-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,787 | $350,000 | $26,400 | $323,600 |
| 2023 | $7,702 | $277,000 | $26,400 | $250,600 |
| 2022 | $7,452 | $252,000 | $26,400 | $225,600 |
| 2021 | $7,250 | $240,000 | $26,400 | $213,600 |
| 2020 | $7,141 | $240,000 | $26,400 | $213,600 |
| 2019 | $3,159 | $230,000 | $26,400 | $203,600 |
| 2018 | $7,110 | $230,000 | $26,400 | $203,600 |
| 2017 | $7,260 | $230,000 | $26,400 | $203,600 |
| 2016 | $6,609 | $200,000 | $26,400 | $173,600 |
| 2015 | -- | $200,000 | $26,400 | $173,600 |
| 2014 | -- | $200,000 | $26,400 | $173,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/25/2026 03/25/26 | For Sale | $449,900 | 0.0% | $245 / Sq Ft | |
| 08/24/2025 08/24/25 | Off Market | $2,600 | -- | -- | |
| 05/28/2025 05/28/25 | For Rent | $2,600 | 0.0% | -- | |
| 05/13/2025 05/13/25 | Off Market | $2,600 | -- | -- | |
| 04/10/2025 04/10/25 | For Rent | $2,600 | 0.0% | -- | |
| 03/06/2025 03/06/25 | Off Market | $2,600 | -- | -- | |
| 01/30/2025 01/30/25 | Price Changed | $2,600 | 0.0% | $1 / Sq Ft | |
| 01/30/2025 01/30/25 | For Rent | $2,600 | 0.0% | -- | |
| 12/06/2013 12/06/13 | Sold | $185,000 | -15.9% | $101 / Sq Ft | View Prior Sale |
| 11/06/2013 11/06/13 | Pending | -- | -- | -- | |
| 06/25/2013 06/25/13 | For Sale | $220,000 | -- | $120 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $185,000 | Elizabeth M. Aldridge | |
| Deed | $97,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $148,000 | Unknown |
Source: Ithaca Board of REALTORS®
MLS Number: R1667878
APN: 503089-058-000-0002-039-342-0000
- 313 Sunnyview Ln
- 211 Strawberry Hill Cir Unit 2
- 111 Strawberry Hill Cir Unit 2
- Lot 1 Harwick Rd
- 201 Wildflower Dr Unit 3
- 231 Strawberry Hill Cir Unit 4
- 1360 Slaterville Rd
- 57 Lois Ln
- 231 Wildflower Dr Unit 4
- 22 Penny Ln
- 109 Pine Tree Rd Unit 2
- 109 Pine Tree Rd
- 1 John St
- 11 Cornell Walk
- 112 Walnut St
- 109 Pearl St Unit 11
- 217 Snyder Hill Rd
- 220 Pearl St
- 104 Valley Rd
- 308 Coddington Rd
- 137 Honness Ln
- 139 Honness Ln Unit B
- 140 Honness Ln
- 140 Honness Ln
- 119 Honness Ln Unit A
- 150 Honness Ln
- 222 Summerhill Dr
- 122 Eastern Heights Dr Unit Apartment 2
- 1538 Slaterville Rd
- 610 Mitchell St Unit 12
- 165 Kendall Ave Unit 1
- 164 Kendall Ave Unit 1
- 159 Kendall Ave
- 107 Elmwood Ave
- 204 Cornell St
- 105 Worth St
- 20 Blue Heron Way
- 303 Cornell St Unit B
- 100 Fairview Square
- 143 Maple Ave Unit 22
Ask me questions while you tour the home.