NOT LISTED FOR SALE

Estimated Value: $275,000 - $295,000

4 Beds
2.5 Baths
2,466 Sq Ft
$114/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $265,000 $107 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,038/month

212 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Hot Water Heating System
  • South Hill School Rated A-
  • Private Yard
  • Heating System Uses Steam

About This Home

As of November 2024

Motivated seller! Location, location, location! This 2 unit property is located in the heart of downtown Ithaca within walking distance to the Commons where you can enjoy restaurants, shops and be close to bus route. Located on a quiet street just 3 blocks from South Hill Recreational Trail. 2 blocks from pedestrian bridge that crosses gorge. Excellent investment opportunity for those looking for a location close to Ithaca College and Cornell. Solid rental history with one unit being a long term tenant.

Last Agent to Sell the Property

Karen Potter

RE/MAX In Motion License #10401311697 Listed on: 04/23/2024

RE/MAX In Motion

Last Buyer's Agent

Tiffany Bechtold

Warren Real Estate of Ithaca Inc. (Downtown) License #10401311914

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,516

Year Built

  • Built in 1880

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 55x124
  • Partially Fenced Property
  • Rectangular Lot
  • Private Yard

Parking

  • No Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2,466 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Up Access
  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Location

  • Property is near public transit

Schools

  • Fall Creek Elementary School
  • Boynton Middle School
  • Ithaca Senior High School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include gardener
  • 2 Units

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 500700-082-000-0004-003-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,516

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 55X124
  • Road Frontage Type: City Street
  • Directions: GPS will bring you to property.
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1880
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space, Exterior Entry, Walk-Up Access, Sump Pump
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Varies, Vinyl
  • Living Area: 2466.0
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Lot Features: Near Public Transit, Rectangular, Residential Lot
  • Waterfront: No
  • Construction Type: Other, See Remarks
  • Exterior Features: Fence, Private Yard, See Remarks
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Heating: Gas, Hot Water, Steam
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 6098.0
  • Parcel #: 500700-082-000-0004-003-000-0000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 10516.0
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2015
Sold by
Gary Marsden Charitable Remainder Unitrust I
Bought by
Fullagar Kevin
Current Estimated Value
$281,393
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fullagar Kevin $250,000 Sharon Sulimowicz
Gary Marsden Charitable Remainder Unitrust F $250,000 Edward Mazza
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $265,000 -22.1% $107 / Sq Ft
11/18/2024 11/18/24 Off Market $340,000 -- --
05/22/2024 05/22/24 Price Changed $340,000 -11.7% $138 / Sq Ft
05/05/2024 05/05/24 Price Changed $385,000 -8.1% $156 / Sq Ft
04/23/2024 04/23/24 For Sale $419,000 -- $170 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

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 $6,826 $340,000 $53,300 $286,700
2023 $7,139 $324,000 $53,300 $270,700
2022 $10,040 $300,000 $53,300 $246,700
2021 $9,451 $265,000 $53,300 $211,700
2020 $6,190 $265,000 $53,300 $211,700
2019 $7,036 $265,000 $53,300 $211,700
2018 $6,321 $265,000 $53,300 $211,700
2017 $5,924 $250,000 $31,200 $218,800
2016 $6,185 $250,000 $31,200 $218,800
2015 -- $185,000 $31,200 $153,800
2014 -- $185,000 $31,200 $153,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1533152

APN: 500700-082-000-0004-003-000-0000