$630,000
SOLD JUN 5, 2025
7 Beds
7 Baths
5,096 Sq Ft
0.5 Acres

Recently Sold

$124 Per Sq Ft

10% Below List Price

168 Days on Market

Highlights

  • 2 Fireplaces
  • Tile Flooring
  • 4 Car Garage
  • South Hill School Rated A-
  • Baseboard Heating
  • 1-minute walk to Troy park Playground

About This Home

As of June 2025

Built in 2010, this turn-key duplex offers low-maintenance living - an ideal opportunity for owner-occupancy with rental income of $2000 a month to help offset your mortgage. The rental is currently leased until 12/31/25 and upon sale, the buyer has the option to either maintain the existing tenant or terminate the lease. Ideally located, this property offers convenient access to Ithaca College, downtown Ithaca, and Cornell University.

The first home features 5 bedrooms, 4 full bathrooms, an office, several bonus rooms, and a two-car garage. The master bedroom has an en-suite bath with spa tub and a large dressing room. The second home features 2 bedrooms, 3 full bathrooms, two bonus rooms, and its own two-car garage. Both homes offer bright, open living rooms with gas fireplaces and upgraded kitchens featuring granite countertops, stainless steel appliances, breakfast bars, and ample cabinet storage. Updated bathrooms and stackable washer/dryer units in each home add to the convenience.

Nestled alongside Troy Park and a nature preserve, the property offers scenic views of East Hill and an ideal setting for relaxing walks or outings with pets. Both homes are energy-efficient resulting in low utility costs year-round and are equipped with separate gas and electric meters.

Last Agent to Sell the Property

Ryan Gehris

Listing by Unreal Estate Brokerage LLC Brokerage Phone: 866-807-9087 License #10491212098 Listed on: 10/23/2024

Last Buyer's Agent

Shannan Hall

Listing by Warren Real Estate of Ithaca Inc. (Downtown) License #10401358481

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,009

Year Built

  • Built in 2010

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125x200

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 5,096 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Finished Basement

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Schools

  • South Hill Elementary School
  • Boynton Middle School
  • Ithaca Senior High School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 503089-044-000-0001-004-054-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,009

Year Built

Built in 2010

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 2010
  • Attribution Contact: 866-807-9087
  • Lot Features: Other, See Remarks
  • Directions: Head on Route 96B North past Ithaca College. Turn left at the light onto East King Road. Continue on East King Road for approximately 1.4 miles to the stop sign. Turn left onto Troy Road. 154 Troy Road is 0.3 miles on the left side.
  • Architectural Style: Duplex
  • Flooring: Laminate, Tile, Varies
  • Garage Yn: Yes
  • Year Built Details: Existing
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: See Remarks, Water Heater
  • Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Fireplaces: 2
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.5
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Garage, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Ithaca
  • Ninth Grade High School: Ithaca Senior High
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Parcel Number: 503089-044-000-0001-004-054-0000
  • Lot Dimensions: 125X200
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 15009.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: South Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2003
Sold by
Gordon College
Bought by
Heritage Park Townhouses
Current Estimated Value
$634,045
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Foreclosure Deed $14,000 Mahlon Perkins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2025 06/05/25 Sold $630,000 -1.4% $124 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
03/05/2025 03/05/25 Price Changed $639,000 -3.0% $125 / Sq Ft
12/09/2024 12/09/24 Price Changed $659,000 -2.4% $129 / Sq Ft
11/06/2024 11/06/24 Price Changed $675,000 -3.2% $132 / Sq Ft
10/23/2024 10/23/24 For Sale $697,000 +86.9% $137 / Sq Ft
08/26/2020 08/26/20 Sold $373,000 -7.9% $73 / Sq Ft View Prior Sale
07/27/2020 07/27/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $405,000 -- $79 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $16,974 $675,000 $35,000 $640,000
2023 $11,803 $418,000 $35,000 $383,000
2022 $11,618 $380,000 $35,000 $345,000
2021 $11,618 $380,000 $35,000 $345,000
2020 $13,345 $435,000 $35,000 $400,000
2019 $6,129 $480,000 $35,000 $445,000
2018 $14,427 $480,000 $35,000 $445,000
2017 $14,834 $480,000 $23,000 $457,000
2016 $14,971 $480,000 $23,000 $457,000
2015 -- $480,000 $23,000 $457,000
2014 -- $480,000 $23,000 $457,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1573737

Upstate New York Real Estate Information Services (UNYREIS)

APN: 503089-044-000-0001-004-054-0000