NOT LISTED FOR SALE

1481 Slaterville Rd Unit 81 Ithaca, NY 14850

Estimated Value: $358,000 - $413,000

5 Beds
2.5 Baths
2,048 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $336,000 $164 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,886/month

54 Days on Market

Highlights

  • Beach Access
  • 0.92 Acre Lot
  • Wood Flooring
  • South Hill School Rated A-
  • Deck
  • Patio

About This Home

As of June 2022

Fantastic Investment Opportunity. Turn key up/down duplex. Convienent location easy access to Ithaca College, Cornell, the Commons, shopping. On bus route. Upper unit is 3 bedroom, 1.5 bath newer windows, tile, flooring and appliances. Lower unit is 2 bedroom 1 bath. Tenants pay utilities. Great investment in the Town of Ithaca. Build your real estate portfolio or live in one unit and let the other pay your mortgage. Easty to rent!

Last Agent to Sell the Property

Jes Seaver

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: jes@warrenhomes.com License #10401258214 Listed on: 03/14/2022

Last Buyer's Agent

Samuel Hale

Warren Real Estate of Ithaca Inc. License #10401317552

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,605

Year Built

  • Built in 1987

Lot Details

  • 0.92

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 1 Car Garage
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Schools

  • Belle Sherman Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • 0.92 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 503089 58.-1-32.6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,605

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Directions: Route 79E - property is across the street from the Pine Tree Rd intersection. Blue end unit. Park in lot just off the road.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1987
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: jes@warrenhomes.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Varies, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2048.0
  • Stories: 2

Exterior Features

  • Waterfront Features: Beach Access
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Assigned, One Space

Utilities

  • Heating: Electric, Gas, Forced Air, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 40075.0
  • Parcel #: 503089 58.-1-32.6
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Jul 16, 2022
Sold by
Verma Ravi
Bought by
Rajd Llc
Seller's Agent
Jes Seaver
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Samuel Hale
Warren Real Estate of Ithaca Inc.
List Price
$345,000
Sold Price
$336,000
Premium/Discount to List
-$9,000
-2.61%
Current Estimated Value
$381,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,003
Avg. Annual Appreciation
4.03%
Original Mortgage
$268,800
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 14, 2022
Closed on
Jun 6, 2022
Sold by
Spear Paul A and Spear Mariam K
Bought by
Verma Ravi
Seller's Agent
Jes Seaver
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Samuel Hale
Warren Real Estate of Ithaca Inc.
List Price
$345,000
Sold Price
$336,000
Premium/Discount to List
-$9,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 25, 2015
Closed on
Jun 10, 2015
Sold by
1481 Slaterville Road Llc
Bought by
Spear Paul and Spear
Seller's Agent
Jes Seaver
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$249,000
Sold Price
$246,500
Premium/Discount to List
-$2,500
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
May 6, 2013
Sold by
Fiero Nicholas L
Bought by
1481 Slaterville Rd Llc

Purchase Details

Listed on
Feb 27, 2012
Closed on
May 15, 2012
Sold by
Manocchia Adriano
Bought by
Fiero Nicholas L
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$149,121
Interest Rate
4.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 16, 2002
Sold by
Ganderson Stephen B
Bought by
Manocchia Adriano

Purchase Details

Closed on
Aug 5, 1999
Sold by
Nakashima Narihisa
Bought by
Granderson Norma
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
Rajd Llc -- None Available
Verma Ravi $336,000 None Available
Spear Paul $246,500 Steven Barnstead
1481 Slaterville Rd Llc $185,000 Nash Ralph
Fiero Nicholas L $153,000 Jonathan O. Albanese
Manocchia Adriano $85,000 Jon Albanese
Granderson Norma $75,000 Mark Alasler
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verma Ravi $268,800
Previous Owner Spear Paul A $171,500
Previous Owner Fiero Nicholas L $149,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $336,000 -2.6% $164 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $345,000 +40.0% $168 / Sq Ft
06/12/2015 06/12/15 Sold $246,500 -1.0% $120 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $249,000 +71.7% $122 / Sq Ft
05/18/2012 05/18/12 Sold $145,000 -3.3% $71 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $149,900 -- $73 / 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 $9,605 $335,000 $43,400 $291,600
2023 $9,605 $335,000 $43,400 $291,600
2022 $8,098 $267,000 $43,400 $223,600
2021 $7,728 $245,000 $43,400 $201,600
2020 $7,566 $245,000 $43,400 $201,600
2019 $3,502 $235,000 $43,400 $191,600
2018 $7,512 $235,000 $43,400 $191,600
2017 $7,619 $235,000 $28,900 $206,100
2016 $6,108 $185,000 $28,900 $156,100
2015 -- $185,000 $28,900 $156,100
2014 -- $185,000 $28,900 $156,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406176

APN: 503089-058-000-0001-032-006-0000