124 Sears St Ithaca, NY 14850
Fall Creek NeighborhoodEstimated payment $3,047/month
Total Views
8,328
6
Beds
2.5
Baths
2,169
Sq Ft
$173
Price per Sq Ft
Highlights
- Property is near public transit
- Wood Flooring
- Covered Patio or Porch
- DeWitt Middle School Rated A-
- Main Floor Bedroom
- 3-minute walk to Thompson Park
About This Home
A rare opportunity to own in Ithaca’s sought-after Fall Creek neighborhood. This well-maintained property offers hardwood floors, strong rental appeal, and a convenient location within walking distance of Gimmee! Coffee, downtown Ithaca, the Commons, Ithaca Falls, and many other local favorites. Situated on a quiet, low-traffic street, the property benefits from the charm and character that make Fall Creek one of Ithaca’s most desirable neighborhoods. Longtime residents, newer homes, and a strong sense of community contribute to the area’s enduring appeal. This older home is well kept inside, and the basement has been replaced a few decades ago with a modern concrete block foundation. Separate tenant paid utilities. Tenants pay Gas, electric, heat and water.
Listing Agent
Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #30DE1022539 Listed on: 06/12/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,262
Year Built
- Built in 1860
Lot Details
- 3,984 Sq Ft Lot
- Lot Dimensions are 48x83
- Partially Fenced Property
- Rectangular Lot
Home Design
- Duplex
- Brick or Stone Mason
- Block Foundation
- Frame Construction
- Pitched Roof
- Asphalt Roof
- Vinyl Siding
- Stone
Interior Spaces
- 2,169 Sq Ft Home
- 2-Story Property
- Woodwork
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
Parking
- 2 Car Garage
- Parking Available
Schools
- Beverly J Martin Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- Satellite Dish
Additional Features
- Accessible Bedroom
- Energy-Efficient Appliances
- Covered Patio or Porch
- Property is near public transit
Listing and Financial Details
- The owner pays for grounds care
- Tax Lot 5
- Assessor Parcel Number 500700-049-000-0001-005-000-0000
Community Details
Overview
- Association fees include common area maintenance
- 3 Units
- Fall Creek Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Operating Expense $1,540
- Gross Income $47,400
- Net Operating Income $33,598
Map
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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 | $13,632 | $420,000 | $31,500 | $388,500 |
| 2024 | $8,393 | $420,000 | $31,500 | $388,500 |
| 2023 | $7,699 | $350,000 | $31,500 | $318,500 |
| 2022 | $9,410 | $300,000 | $31,500 | $268,500 |
| 2021 | $8,231 | $230,000 | $31,500 | $198,500 |
| 2020 | $5,104 | $230,000 | $31,500 | $198,500 |
| 2019 | $1,392 | $185,000 | $31,500 | $153,500 |
| 2018 | $4,448 | $185,000 | $31,500 | $153,500 |
| 2017 | $4,564 | $185,000 | $26,600 | $158,400 |
| 2016 | $4,605 | $185,000 | $26,600 | $158,400 |
| 2015 | -- | $150,000 | $26,600 | $123,400 |
| 2014 | -- | $150,000 | $26,600 | $123,400 |
Source: Public Records
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 |
|---|---|---|---|---|
| 06/12/2026 06/12/26 | For Sale | $375,000 | 0.0% | $173 / Sq Ft |
| 08/07/2025 08/07/25 | For Rent | $3,000 | 0.0% | -- |
| 02/10/2025 02/10/25 | Off Market | $3,000 | -- | -- |
| 01/16/2025 01/16/25 | For Rent | -- | -- | -- |
Source: Ithaca Board of REALTORS®
About the Listing Agent
Brian's Other Listings
Source: Ithaca Board of REALTORS®
MLS Number: R1689160
APN: 500700-049-000-0001-005-000-0000
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