NOT LISTED FOR SALE

146 Pearsall Place Unit 48 Ithaca, NY 14850

South Hill Neighborhood

Estimated Value: $294,000 - $366,000

4 Beds
2 Baths
1,650 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $266,000 $161 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,196/month

27 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop
  • South Hill School Rated A-

About This Home

As of September 2021

This property is part of package offering made up of 6 identical duplexes, one 3
family property, plus 2 vacant parcels- all in the South Hill neighborhood in the City of Ithaca.
Walking distance to Cornell and Ithaca Colleges. Sellers would prefer to sell all properties together for $2,205,000. (included in bundle:MLS no's S1318257,S1318254,S1318253,S1318252,S1318251,S1318249,S1318248,S1318255,S1318256)
Duplex units are fully rented on each side. Units are easy to rent as tenants like the convenient locations, on site laundry, and greenspace in yards. Low maintenance properties, and all within a few blocks of each other make them easy to manage. An exceptional opportunity to take over turn-key rental business. These properties have been owned by same family for 70 years!

Last Agent to Sell the Property

Kathleen/Vincent Cole

Listing by Howard Hanna Real Estate License #30CO0952028 Listed on: 02/11/2021

Howard Hanna Real Estate

Co-Listed By

David Ezzo

Listing by Howard Hanna Real Estate License #40EZ1108823

Last Buyer's Agent

NON MLS

Listing by Syracuse Non-MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,527

Year Built

  • Built in 1949

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 110 x 60

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 19
  • Assessor Parcel Number 500700-108-000-0002-019-000-0000

Community Details

Overview

  • 2 Units
  • South Hill Community
  • South Hill Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,527

Year Built

Built in 1949

Lot Details

0

Listing Details

  • NY Swis Code: Ithaca-City-500700
  • Total Assessed Value: 220000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 19
  • Nearest Cross Street: Hudson
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1755775.58
  • Ratio Close Price By Sq Ft: 161.21
  • Ratio List Price By Acres: 1980198.02
  • Ratio List Price By Sq Ft: 181.82
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • Roof Description: Asphalt
  • School Tax: 3981
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6600
  • Age of Building: 73
  • Year Built: 1949
  • Above Grade Finished Sq Ft: 1650
  • Directions To Property: South Aurora to Hudson to Pearsall Pl
  • Sq Ft Total Pub: 1650
  • Subdivision Comm Complex: South Hill
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1949

Interior Features

  • Additional Interior Features: Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Storage
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1650

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.1515

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Ithaca

Lot Info

  • Parcel Number: 500700-108-000-0002-019-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 8527

MLS Schools

  • School District Name: Ithaca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Sep 2, 2021
Sold by
P G & El Enterprises Inc
Bought by
Zbk Properties Llc
Seller's Agent
Kathleen/Vincent Cole
Howard Hanna Real Estate
Buyer's Agent
NON MLS
Syracuse Non-MLS
List Price
$300,000
Sold Price
$266,000
Premium/Discount to List
-$34,000
-11.33%
Current Estimated Value
$341,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,187
Avg. Annual Appreciation
6.45%
Original Mortgage
$212,800
Outstanding Balance
$194,196
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$146,991
Source: Public Records

Range of Values:

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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
Zbk Properties Llc $266,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zbk Properties Llc $212,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $266,000 -11.3% $161 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $300,000 -- $182 / Sq Ft
Source: Central New York Information Services

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 $10,398 $320,000 $53,000 $267,000
2023 $6,320 $286,000 $53,000 $233,000
2022 $9,001 $265,000 $53,000 $212,000
2021 $8,580 $240,000 $53,000 $187,000
2020 $5,491 $240,000 $53,000 $187,000
2019 $6,020 $220,000 $53,000 $167,000
2018 $5,267 $220,000 $53,000 $167,000
2017 $4,925 $200,000 $30,300 $169,700
2016 $4,970 $200,000 $30,300 $169,700
2015 -- $175,000 $30,300 $144,700
2014 -- $175,000 $30,300 $144,700
Source: Public Records

Agents Affiliated with this Home

  • Kathleen/Vincent Cole

    Seller's Agent in 2021

    Kathleen/Vincent Cole

    Howard Hanna

    (315) 263-9545

    6 in this area

    117 Total Sales

    Kathleen/Vincent Cole
    Section Image
  • David Ezzo

    Seller Co-Listing Agent in 2021

    David Ezzo

    Howard Hanna

    (315) 558-1685

    6 in this area

    175 Total Sales

    David Ezzo
    Section Image

  • N

    Buyer's Agent in 2021

    NON MLS

    Syracuse Non-MLS

See All Agents

Map

Source: Central New York Information Services

MLS Number: S1318257

Central New York Information Services

APN: 500700-108-000-0002-019-000-0000

New York Tompkins County Ithaca 14850 South Hill

146 Pearsall Place Unit 48, Ithaca, NY

This home is located at 146 Pearsall Place Unit 48, Ithaca, NY 14850 since 11 February 2021 and is currently estimated at $341,187, approximately $206 per square foot. This property was built in 1949. 146 Pearsall Place Unit 48 is a home located in Tompkins County with nearby schools including South Hill School, Boynton Middle School, and Ithaca Senior High School.

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