J
Seller's Agent in 2022
Jala Bayo
Berkshire Hathaway HomeServices Heritage Realty
(202) 641-5181
26 Total Sales
1718 Mecklenburg Rd Ithaca, NY 14850
Ithaca Area
--
Bed
--
Bath
11,460
Sq Ft
3
Acre Lot
Highlights
- Coin Laundry
- Boynton Middle School Rated A-
- Walk-Up Access
About This Home
As of January 2022Located 4.8 miles from downtown Ithaca and on the TCAT bus route, this property is an attractive investment opportunity in a healthy rental market. The main building has 11 units and the duplex 2 units -- a mix of efficiency, one, two and three bedrooms. This is a consistent, cash flowing property to add to your investment portfolio and the lot has enough acreage to build additional rental units or single family homes. You could earn $145,000 gross yearly income when all the units are fully rented. A great return on investment. Few zoning restrictions in the Town of Enfield except a site plan review. Total of 3 acres included with sale.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Heritage Realty Brokerage Email: jbayo3@gmail.com License #10301224045 Listed on: 04/02/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- 3
Home Design
- 11,460 Sq Ft Home
- Asphalt Roof
- Metal Roof
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
Basement
- Walk-Out Basement
- Walk-Up Access
- Exterior Basement Entry
Schools
- Enfield Elementary School
Additional Features
- 3 Acre Lot
- Well
Community Details
- 13 Units
- Coin Laundry
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 4.-1-8.2
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 22, 2018
Sold by
Bought by
Purchase Details
Closed on
Feb 13, 1998
Sold by
Bought by
Purchase Details
Closed on
Dec 29, 1995
Sold by
Bought by
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $585,000 | -- | ||
| $56,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $720,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/27/2022 01/27/22 | Sold | $860,000 | -1.1% | $75 / Sq Ft |
| 12/28/2021 12/28/21 | Pending | -- | -- | -- |
| 04/02/2021 04/02/21 | For Sale | $870,000 | -- | $76 / Sq Ft |
Source: Ithaca Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $22,883 | $850,000 | $55,000 | $795,000 |
| 2024 | $22,599 | $850,000 | $55,000 | $795,000 |
| 2023 | $24,183 | $850,000 | $55,000 | $795,000 |
| 2022 | $7,455 | $850,000 | $55,000 | $795,000 |
| 2021 | $18,558 | $610,000 | $55,000 | $555,000 |
| 2020 | $16,791 | $610,000 | $55,000 | $555,000 |
| 2019 | $16,791 | $610,000 | $55,000 | $555,000 |
| 2018 | $18,103 | $610,000 | $55,000 | $555,000 |
| 2017 | $17,968 | $585,000 | $55,000 | $530,000 |
| 2016 | $16,791 | $585,000 | $55,000 | $530,000 |
| 2015 | -- | $485,000 | $55,000 | $430,000 |
| 2014 | -- | $485,000 | $55,000 | $430,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jala Bayo
-
Amanda Ryen-Yowhan
Buyer's Agent in 2022
Amanda Ryen-Yowhan
Warren Real Estate of Ithaca Inc.
(607) 592-0043
47 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: IB404088
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