NOT LISTED FOR SALE

1502 Slaterville Rd Ithaca, NY 14850

Estimated Value: $438,148 - $516,000

6 Beds
4 Baths
2,603 Sq Ft
$178/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $322,500 $124 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,266/month

82 Days on Market

Highlights

  • 0.83 Acre Lot
  • Shed
  • Coin Laundry
  • DeWitt Middle School Rated A-
  • Forced Air Heating System
  • Walk-Up Access

About This Home

As of April 2021

Fantastic and convenient Town of Ithaca 3 unit apt plus income producing barn. Located on all municipal services and natural gas; easy access to both Cornell & IC. Gross rents for 2021 projected at $45k; existing leases expire 7/25/2021.Tenants pay their utilities except for water & sewer. All units have charm, character, and access to common laundry. A beautiful 2 bedroom apt is now vacant & suitable for owner occupancy. .Ample off-street parking.

Last Agent to Sell the Property

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: carol@carolbushberg.com License #10301223410 Listed on: 12/14/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,529

Year Built

  • Built in 1890

Lot Details

  • 0.83

Home Design

  • 2,603 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Metal Roof

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Basement

  • Walk-Out Basement
  • Partial Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • 2 Car Garage
  • Parking Available
  • On-Street Parking
  • Off-Site Parking

Schools

  • Caroline Elementary School
  • Dewitt Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace

Additional Features

  • Shed
  • 0.83 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 503089 57.-1-11.2

Community Details

Overview

  • 4 Units
  • East Hill Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,529

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.83
  • Lot Size: 74X
  • Subdivision Name: East Hill
  • Directions: Rte 79 East. Property is on the northeast corner of Slaterville & Pine Tree Roads.Driveway and parking area to east of intersection.
  • Year Built: 1890
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: carol@carolbushberg.com
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, See Remarks
  • Has Basement: Crawl Space, Dirt Floor, Exterior Entry, Partial, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Living Area: 2603.0

Exterior Features

  • Lot Features: Other, See Remarks
  • Construction Type: Frame
  • Foundation Details: Stone
  • Other Structures: Shed(s), Storage
  • Roof: Asphalt, Metal

Garage/Parking

  • Parking Features: Concrete, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

  • Laundry Features: Common Area, Coin-operated
  • Cooling: Other, See Remarks
  • Heating: Gas, Other, See Remarks, Forced Air, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Lot Size Sq Ft: 36155.0
  • Parcel #: 503089 57.-1-11.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7529.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Apr 5, 2021
Sold by
Warden David
Bought by
Moser Jason and Levison Stuart
Seller's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$315,000
Sold Price
$322,500
Premium/Discount to List
$7,500
2.38%
Current Estimated Value
$462,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,037
Avg. Annual Appreciation
7.89%
Original Mortgage
$212,500
Outstanding Balance
$191,552
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$270,985

Purchase Details

Closed on
Mar 29, 2004
Sold by
Colle Royal D
Bought by
Ithaca Town Of

Purchase Details

Closed on
Jul 21, 2003
Sold by
Henry W & Estate Of Theisen
Bought by
Theisen Henry W & Family Trust and Henry W Theisen Family Tr

Purchase Details

Closed on
Aug 5, 2001
Sold by
Theisen Henry W
Bought by
Theisen Henry W - Family Trust Da
Source: Public Records
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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
Moser Jason $322,500 None Available
Ithaca Town Of $19,272 John C Barney
Theisen Henry W & Family Trust -- Bruce Wilson
Warden David $139,500 James Salk
Theisen Henry W - Family Trust Da -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moser Jason $212,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2021 04/05/21 Sold $322,500 +2.4% $124 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $315,000 -- $121 / 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 $10,158 $375,000 $41,600 $333,400
2023 $10,424 $352,000 $41,600 $310,400
2022 $8,804 $320,000 $41,600 $278,400
2021 $7,457 $240,000 $41,600 $198,400
2020 $7,434 $240,000 $41,600 $198,400
2019 $3,453 $240,000 $41,600 $198,400
2018 $7,567 $240,000 $41,600 $198,400
2017 $7,710 $240,000 $27,600 $212,400
2016 $5,903 $180,000 $27,600 $152,400
2015 -- $180,000 $27,600 $152,400
2014 -- $180,000 $27,600 $152,400
Source: Public Records

Agents Affiliated with this Home

  • Carol Bushberg

    Seller's Agent in 2021

    Carol Bushberg

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 279-4530

    11 in this area

    138 Total Sales

    Carol Bushberg
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB403423

APN: 503089-057-000-0001-011-002-0000

New York Tompkins County Ithaca 14850

1502 Slaterville Rd, Ithaca, NY

Not Listed for Sale

MultiFamily

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