NOT LISTED FOR SALE

128 E Spencer St Ithaca, NY 14850

South Hill Neighborhood
7 Beds
4 Baths
4,132 Sq Ft
5,663 Sq Ft Lot

Last Sold September 21, 2022

Last sale price $484,400 $117 Per Sq Ft

143 Days on Market

About This Home

As of September 2022

Side by side mirror 4 unit home in downtown Ithaca just 4 blocks to the Ithaca Commons, 3 blocks to the TCAT transit center and Six Mile Creek ... in your back yard. So close to all conveniences and amenities that tenants seek when looking for an apartment. There are two 2 bedroom apartments and two 1 bedroom plus a den apartments. Each having charm and character not found in new construction. Each 2 bedroom apartment consists of multiple levels. Screened in front porch plus a large yard that is on the banks of scenic Six Mile Creek. Solid rental history with no vacancies over the past 10 years. Utilities are split with each unit paying for their own electric, hot water and heat. Large walk up attics for storage. Property is located in NYS Opportunity Zone. Solid income property in a solid location.

Last Agent to Sell the Property

Steven Saggese

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: steve@ithacahomefinder.com License #30SA0532613 Listed on: 04/01/2022

Last Buyer's Agent

Stacey Simons

Howard Hanna S Tier Inc License #10401318560

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120

Home Design

  • 4,132 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Metal Roof

Kitchen

  • Gas Oven
  • Gas Range

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Parking Available
  • No Driveway
  • On-Street Parking
  • Off-Site Parking

Schools

  • South Hill Elementary School
  • Boynton Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Southside Subdivision

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 81.-10-6

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 50X120
  • Subdivision Name: Southside
  • Directions: East Spencer is accessed off of Clinton Street just above the police station
  • Year Built: 1890
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: steve@ithacahomefinder.com
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Has Basement: Full, Finished, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Living Area: 4132.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stone
  • Roof: Metal

Garage/Parking

  • Parking Features: Concrete, No Driveway, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: South Hill
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 5663.0
  • Parcel #: 81.-10-6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Heat

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $484,400 -1.1% $117 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $489,900 -- $119 / 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 $6,206 $300,000 $26,800 $273,200
2023 $6,782 $300,000 $26,800 $273,200
2022 $10,610 $300,000 $26,800 $273,200
2021 $10,273 $280,000 $26,800 $253,200
2020 $6,464 $280,000 $26,800 $253,200
2019 $7,438 $250,000 $26,800 $223,200
2018 $6,086 $250,000 $26,800 $223,200
2017 $5,999 $250,000 $26,800 $223,200
2016 $6,295 $250,000 $26,800 $223,200
2015 -- $200,000 $26,800 $173,200
2014 -- $200,000 $26,800 $173,200
Source: Public Records

Agents Affiliated with this Home

  • Steven Saggese

    Seller's Agent in 2022

    Steven Saggese

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 280-4350

    21 in this area

    277 Total Sales

    Steven Saggese
    Section Image
  • Stacey Simons

    Buyer's Agent in 2022

    Stacey Simons

    Howard Hanna S Tier Inc

    (607) 257-0800

    1 in this area

    44 Total Sales

    Stacey Simons
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406312

APN: 500700 81.-10-6

New York Tompkins County Ithaca 14850 South Hill

128 E Spencer St, Ithaca, NY

Not Listed for Sale

MultiFamily

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