$525,000
PENDING

126 Pine Tree Rd Ithaca, NY 14850

Estimated payment $3,544/month

Total Views 20,515
5 Beds
2 Baths
2,629 Sq Ft
$200 Price per Sq Ft

Highlights

  • Deck
  • Property is near public transit
  • 1 Fireplace
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Views

About This Home

Discover the possibilities at this refreshed hillside ranch offering over 2,700 sq. ft. of versatile living space in Ithaca’s sought-after East Hill. Just minutes from Cornell University, downtown Ithaca, parks, and trail systems, this property blends a prime location with a flexible layout to fit your needs. The home features a high efficiency heat system, thermal windows, metal roof, refreshed lighting, paint, and trim throughout, granite countertops and high end finishes. Main Level – Bright, Functional & Single-Level Living Ready: 4 bedrooms and 1 bath. Refinished hardwood floors extend across the main level, featuring four bedrooms and a full bath. The open kitchen, dining, and living room—with a cozy wood-burning fireplace—create the perfect gathering space. Enjoy seamless indoor-outdoor entertaining with access to a large deck overlooking the backyard. A spacious mudroom, main-floor laundry, and two-car garage enhance everyday convenience. The kitchen shines with brand-new appliances, which may convey with an acceptable offer. Lower Level – Income Potential or Guest Space: 1 bedroom plus office and 1 bath. The walk-out lower level is zoned for two units and separately metered, making it ideal for a permitted accessory apartment, in-law suite, extended living space, or two unit home. This level offers a kitchen, living area, bath with laundry, one bedroom, and a bonus room, all with durable laminate flooring for easy upkeep. Why You’ll Love It - Whether you want a spacious five-bedroom home, the ease of single-level living, or a property with income-producing potential, 126 Pine Tree Road delivers flexibility, location, and move-in readiness—all in one package.

Listing Agent

Jamie Jensen

Howard Hanna S Tier Inc Brokerage Phone: 607-279-1011 License #10401347070 Listed on: 09/30/2025

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,518

Year Built

  • Built in 1961

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100x170
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Blown-In Insulation
  • Metal Roof
  • Wood Siding
  • Aluminum Siding
  • Siding

Interior Spaces

  • 2,629 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Property Views

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Schools

  • Belle Sherman Elementary School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 503089-058-000-0002-017-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,518

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Lot Size: 100X170
  • Road Frontage Type: City Street
  • Directions: Located on Pine Tree Rd between Slaterville Rd and Honness Rd.
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: Existing
  • Year Built: 1961
  • Property Sub Type Additional: Duplex
  • Attribution Contact: 607-279-1011
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1961

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: Other, See Remarks
  • Has Basement: Finished, Walk-Out Access, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 678.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Tile, Varies
  • Living Area: 2629.0
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • View: Slope View
  • View: Yes
  • Waterfront: No
  • Construction Type: Aluminum Siding, Blown-In Insulation, Composite Siding, Frame, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Cooling: Zoned
  • Heating: Electric, Gas, Zoned, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Other, See Remarks

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 17000.0
  • Parcel #: 503089-058-000-0002-017-000-0000
  • Zoning Description: Residential 2 Unit

Multi Family

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

Tax Info

  • Tax Annual Amount: 9518.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,332 $190,000 $36,700 $153,300
2023 $6,627 $266,000 $36,700 $229,300
2022 $4,376 $242,000 $36,700 $205,300
2021 $4,234 $230,000 $36,700 $193,300
2020 $3,985 $230,000 $36,700 $193,300
2019 $2,466 $230,000 $36,700 $193,300
2018 $6,211 $230,000 $36,700 $193,300
2017 $2,256 $230,000 $36,700 $193,300
2016 $2,908 $215,000 $36,700 $178,300
2015 -- $215,000 $36,700 $178,300
2014 -- $215,000 $36,700 $178,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Sold $512,500 -2.4% $190 / Sq Ft View Prior Sale
11/06/2025 11/06/25 Pending -- -- --
10/25/2025 10/25/25 Off Market $525,000 -- --
10/23/2025 10/23/25 For Sale $525,000 0.0% $194 / Sq Ft
09/30/2025 09/30/25 For Sale $525,000 +176.3% $194 / Sq Ft
12/20/2023 12/20/23 Sold $190,000 -11.2% $72 / Sq Ft View Prior Sale
11/20/2023 11/20/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $214,000 -- $81 / Sq Ft
Source: Ithaca Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Executors Deed $190,000 None Available
Source: Public Records

About the Listing Agent

Jamie Jensen

Howard Hanna S Tier Inc

(607) 948-6312

Section Image

I am an experienced licensed real estate agent in New York State, a team leader, and a top producer. I specialize in the Ithaca market and a 60-mile radius surrounding it.
I am a native Ithacan and Cornell University graduate with deep roots in the town's housing and construction market.
I am the daughter of two local Cornell alums who worked as contractors, developers, housing inspectors, and designers. Through my upbringing and career, I developed a love for all things home.

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  • 126 Pine Tree Rd, Ithaca, NY 14850

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Source: Ithaca Board of REALTORS®

MLS Number: R1641578

APN: 503089-058-000-0002-017-000-0000