154 Troy Rd Ithaca, NY 14850
South Hill Neighborhood
7
Beds
7
Baths
5,096
Sq Ft
0.5
Acres
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 2025Built 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
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 17, 2003
Sold by
Gordon College
Bought by
Heritage Park Townhouses
Similar Homes in Ithaca, NY
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $14,000 | Mahlon Perkins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $298,400 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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 | $11,803 | $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
-
R
Seller's Agent in 2025
Ryan Gehris
Unreal Estate Brokerage LLC
-
S
Buyer's Agent in 2025
Shannan Hall
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 220-6038
2 in this area
47 Total Sales
-
Seller's Agent in 2020
Jolene Rightmyer-Macolini
Berkshire Hathaway HomeServices Heritage Realty
(607) 339-1559
16 in this area
111 Total Sales
Map
Source: Upstate New York Real Estate Information Services (UNYREIS)
MLS Number: R1573737
APN: 503089-044-000-0001-004-054-0000
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