Melissa Shames
Howard Hanna
(607) 275-5407
134 Total Sales
11 in South Hill
$130K - $835K Price Range
128 E Spencer St Ithaca, NY 14850
South Hill Neighborhood
7
Beds
4
Baths
4,132
Sq Ft
5,663
Sq Ft Lot
About This Home
As of September 2022Side 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
Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: steve@ithacahomefinder.com License #30SA0532613 Listed on: 04/01/2022
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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
Listing and Financial Details
- Tenant pays for electricity, heat
- Assessor Parcel Number 81.-10-6
Community Details
Overview
- 4 Units
- Southside Subdivision
Building Details
- Gross Income $51,300
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2022
Closed on
Sep 21, 2022
Sold by
Bought by
Seller's Agent
Steven Saggese
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Stacey Simons
Howard Hanna S Tier Inc
List Price
$489,900
Sold Price
$484,400
Premium/Discount to List
-$5,500
-1.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,300
Outstanding Balance
$342,520
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 7, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Hill, NY
-
Melissa Shames
-
Kristin Ahlness
Kristin Ahlness
Howard Hanna
(607) 388-1728
67 Total Sales
1 in South Hill
$315,000 Price
-
KiRa Fritzky-Randolph
KiRa Fritzky-Randolph
Howard Hanna
(607) 605-6797
52 Total Sales
5 in South Hill
$311K - $497K Price Range
-
Johan Dulfer
Johan Dulfer
Berkshire Hathaway HomeServices Heritage Realty
(315) 566-0022
79 Total Sales
14 in South Hill
$378K - $815K Price Range
-
Heather Gowe
Heather Gowe
Warren Real Estate
(607) 252-9035
82 Total Sales
6 in South Hill
$230K - $1M Price Range
-
Kathleen Seaman
Kathleen Seaman
Warren Real Estate of Ithaca
(607) 603-7882
198 Total Sales
8 in South Hill
$239K - $605K Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $484,400 | None Available | ||
| $92,500 | -- |
Source: Public Records
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $363,300 | ||
| Previous Owner | $330,000 | ||
| Previous Owner | $50,000 |
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 |
|---|---|---|---|---|
| 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
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 | $10,174 | $300,000 | $26,800 | $273,200 |
| 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
18 in this area
258 Total Sales
-
Stacey Simons
Buyer's Agent in 2022
Stacey Simons
Howard Hanna S Tier Inc
(607) 257-0800
1 in this area
40 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: IB406312
APN: 500700 81.-10-6
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