118 Park Ln Ithaca, NY 14850
Estimated payment $4,720/month
Highlights
- Maid or Guest Quarters
- Deck
- Wood Flooring
- DeWitt Middle School Rated A-
- Property is near public transit
- 3-minute walk to Eastern Heights Park
About This Home
Discover the perfect synergy of luxury living and financial intelligence in this expansive side-by-side duplex, perfectly situated in Ithaca’s premier Eastern Heights neighborhood. The primary residence welcomes you with a sun-drenched, open layout featuring four-plus bedrooms and four full baths, complemented by several versatile flex spaces tailored for a professional home office, creative studio, fitness area or in-law suite. Beyond the interior, a private deck and backyard offer serene views, while a convenient one-bay garage adds to the ease of daily living. By occupying the main home and leasing the spacious two-bedroom, one-bath unit—which boasts its own garage, private yard, and patio—you can effectively let your tenants subsidize your mortgage and taxes. This property serves as a gateway to the very best of Ithaca. A nearby paved path provides a direct route to Cornell University and East Hill Plaza for work, learning, groceries or a quick coffee run. For those who love the outdoors, Tudor Park’s trails and cross-country skiing paths are right at your doorstep, while the swimming and hiking trails of Mulholland Wildflower Preserve and the South Hill Rec Way are just minutes away. Whether you are heading to campus or the Commons, the short drive and nearby bus access make travel effortless. This home offers a quiet lifestyle without ever sacrificing the convenience of the city. Ask your agent for a list of improvements that include a new roof and boiler in 2026, as well as, multiple financing options.
Listing Agent
Howard Hanna S Tier Inc Brokerage Phone: 607-280-3070 License #10401279197 Listed on: 05/28/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,132
Year Built
- Built in 1985
Lot Details
- 17,424 Sq Ft Lot
- Lot Dimensions are 150x115
- Partially Fenced Property
- Corner Lot
- Irregular Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Gravel Driveway
Home Design
- Poured Concrete
- Spray Foam Insulation
- Blown-In Insulation
- Shingle Roof
- Architectural Shingle Roof
- Wood Siding
- Concrete Block And Stucco Construction
- Copper Plumbing
- Cedar
Interior Spaces
- 4,525 Sq Ft Home
- 1-Story Property
- Woodwork
- Ceiling Fan
- Skylights
- Drapes & Rods
- Sliding Doors
- Entrance Foyer
- Formal Dining Room
- Storage Room
- Partially Finished Basement
- Walk-Out Basement
Kitchen
- Built-In Convection Oven
- Electric Oven
- Built-In Range
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- Maid or Guest Quarters
- Guest Quarters
- 5 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
Outdoor Features
- Deck
- Shed
Location
- Property is near public transit
Schools
- Caroline Elementary School
- Dewitt Middle School
- Ithaca Senior High School
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Heating System Uses Gas
- PEX Plumbing
- Gas Water Heater
- High Speed Internet
Community Details
- Trails
Listing and Financial Details
- Assessor Parcel Number 503089-056-000-0003-013-003-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $650,000 | $57,400 | $592,600 |
| 2024 | $15,876 | $650,000 | $57,400 | $592,600 |
| 2023 | $11,517 | $426,000 | $57,400 | $368,600 |
| 2022 | $10,939 | $387,000 | $57,400 | $329,600 |
| 2021 | $10,400 | $355,000 | $57,400 | $297,600 |
| 2020 | $10,831 | $355,000 | $57,400 | $297,600 |
| 2019 | $5,440 | $335,000 | $57,400 | $277,600 |
| 2018 | $9,127 | $315,000 | $57,400 | $257,600 |
| 2017 | $9,146 | $295,000 | $57,400 | $237,600 |
| 2016 | $9,204 | $295,000 | $57,400 | $237,600 |
| 2015 | -- | $295,000 | $57,400 | $237,600 |
| 2014 | -- | $295,000 | $57,400 | $237,600 |
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 |
|---|---|---|---|---|---|
| 05/28/2026 05/28/26 | For Sale | $625,000 | +131.2% | $138 / Sq Ft | |
| 10/11/2013 10/11/13 | Sold | $270,300 | -4.5% | $72 / Sq Ft | View Prior Sale |
| 09/11/2013 09/11/13 | Pending | -- | -- | -- | |
| 02/19/2013 02/19/13 | For Sale | $283,000 | -- | $76 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $270,300 | Katrina Medeiros | |
| Quit Claim Deed | -- | Eliza Mulhern | |
| Deed | -- | William Crane | |
| Quit Claim Deed | -- | John Stevens | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $223,200 | Unknown | |
| Previous Owner | $175,000 | Unknown |
Source: Ithaca Board of REALTORS®
MLS Number: R1668544
APN: 503089-056-000-0003-013-003-0000
- 217 Snyder Hill Rd
- 104 Joanne Dr
- 1578 Slaterville Rd
- 7 Penny Ln
- 22 Penny Ln
- 42 Penny Ln
- 44 Penny Ln
- 151 Westview Ln
- 57 Lois Ln
- 140 Westview Ln
- 72 Lois Ln
- 73 Lois Ln
- 203 Pine Tree Rd
- 116 Terrace View Dr
- 388 Snyder Hill Rd
- 211 Strawberry Hill Cir Unit 2
- 121 Harwick Rd
- 111 Strawberry Hill Cir Unit 2
- Lot 1 Harwick Rd
- 231 Strawberry Hill Cir Unit 2
- 1507 Slaterville Rd Unit 2
- 154 Westview Ln
- 101 Penny Ln
- 140 Honness Ln Unit A
- 119 Honness Ln Unit A
- 222 Summerhill Dr
- 109-503 Summerhill Dr
- 411 Summerhill Dr
- 1313 E State St Unit 1
- 1313 E State St Unit 2
- 419 King Rd E Unit 1
- 386 King Rd E
- 165 Kendall Ave Unit 1
- 164 Kendall Ave Unit 1
- 159 Kendall Ave
- 83 Whitetail Dr
- 610 Mitchell St Unit 12
- 301 Coddington Rd
- 20 Blue Heron Way
- 255 Coddington Rd
Ask me questions while you tour the home.