$362,500
SOLD AUG 4, 2025

118 Snyder Hill Rd Ithaca, NY 14850

4 Beds
2 Baths
2,100 Sq Ft
41,818 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

9% Below List Price

172 Days on Market

Highlights

  • 0.96 Acre Lot
  • Property is near public transit
  • 1 Fireplace
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Private Yard

About This Home

As of August 2025

This charming two-unit home is ideally located near Cornell University, offering a range of possibilities-live in one unit and rent the other, or lease both units for a steady income stream. The upper unit (#1) features an open-concept layout, with a cozy living room, complete with a woodstove, flowing into the dining area and kitchen, followed by three spacious bedrooms. The living area boasts beautiful bamboo flooring, and in 2017, the bedroom floors were updated with luxury vinyl. The lower unit (#2) was completely renovated in 2018-2019, with new walls and flooring, creating a surprisingly spacious living area. Both units share on-site laundry facilities. Significant improvements include the entire foundation's footers and drainage system being replaced in 2018, and the home was certified mold-free in 2019. With all necessary work completed, this property is turnkey, consistently rented, and has never been vacant. Current leases are in place for the 2024-2025 term.

Last Agent to Sell the Property

Linda Hirvonen

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-592-3665 License #30HI0646949 Listed on: 02/13/2025

Last Buyer's Agent

Jamie Jensen

Howard Hanna S Tier Inc License #10401347070

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,333

Year Built

  • Built in 1967

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 259x213
  • Irregular Lot
  • Private Yard

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Blown-In Insulation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Finished Basement

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Caroline Elementary School
  • Dewitt Middle School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Water Available
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, grounds care, heat, hot water, water
  • Assessor Parcel Number 61.-1-14.6

Community Details

Overview

  • Association fees include electricity, gardener, heat, hot water, water
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,333

Year Built

Built in 1967

Lot Details

0.96 Acres

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Lot Size: 259X213
  • Directions: Route 79E, left on Pine Tree Road, right on Snyder Hill Road, 1st house on left.
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1967
  • Attribution Contact: 607-592-3665
  • Special Features: None
  • Stories: 2
  • Year Built: 1967

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: Electricity, Grounds Care, Heat, Hot Water, Water
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Other, See Remarks, Tile, Varies
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2100.0
  • Stories: 2

Exterior Features

  • Lot Features: Irregular Lot, Near Public Transit
  • Waterfront: No
  • Construction Type: Aluminum Siding, Blown-In Insulation
  • Exterior Features: Private Yard, See Remarks
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, Gravel, Parking Available, Two or More Spaces

Utilities

  • Heating: Gas, Electric, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Electricity, Gardener, Heat, Hot Water, Water

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Parcel #: 61.-1-14.6

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 8333.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
Bonson Megan S and Benson Debra L
Bought by
Benson Megan S
Current Estimated Value
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$164,195
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$195,805

Purchase Details

Listed on
Apr 2, 2015
Closed on
Jul 30, 2015
Sold by
Erb Hollis
Bought by
Benson Megan S and Benson
Seller's Agent
Marilynn Reycroft
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Linda Hirvonen
Warren Real Estate of Ithaca Inc.
List Price
$198,000
Sold Price
$200,000
Premium/Discount to List
$2,000
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$190,000
Interest Rate
4%
Mortgage Type
Unknown
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

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $200,000 Carrie J. Pollak
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,000 New Conventional
Previous Owner $190,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2025 08/04/25 Sold $362,500 -3.3% $173 / Sq Ft
02/19/2025 02/19/25 Price Changed $375,000 -6.3% $179 / Sq Ft
02/13/2025 02/13/25 For Sale $400,000 +100.0% $190 / Sq Ft
07/30/2015 07/30/15 Sold $200,000 +1.0% $95 / Sq Ft View Prior Sale
06/30/2015 06/30/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $198,000 -- $94 / Sq Ft
Source: Ithaca Board of REALTORS®

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 $8,332 $315,000 $49,400 $265,600
2023 $6,852 $231,000 $49,400 $181,600
2022 $6,599 $210,000 $49,400 $160,600
2021 $6,431 $200,000 $49,400 $150,600
2020 $6,381 $200,000 $49,400 $150,600
2019 $3,064 $200,000 $49,400 $150,600
2018 $6,469 $200,000 $49,400 $150,600
2017 $6,545 $200,000 $49,400 $150,600
2016 $5,953 $180,000 $49,400 $130,600
2015 -- $165,000 $49,400 $115,600
2014 -- $165,000 $49,400 $115,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1588595

APN: 503089-061-000-0001-014-006-0000

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