NOT LISTED FOR SALE

1893 E Shore Dr Lansing, NY 14882

Estimated Value: $246,000 - $264,000

5 Beds
2 Baths
2,008 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $240,000 $120 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,889/month

178 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Wood Siding
  • Raymond C. Buckley Elementary School Rated A-

About This Home

As of December 2024

Discover this charming duplex, a prime investment opportunity located on a convenient TCAT bus route and just 10-minute drive from Cornell University. This property features a cozy 2-bedroom, 1-bath unit, and a spacious 3-bedroom, 1-bath unit, both with long-standing, reliable tenants ensuring steady rental income. The basement includes laundry hookups for added tenant convenience. Enjoy the benefits of a large yard, newer windows, and a new boiler, enhancing both comfort and energy efficiency. Its ideal location offers easy access to local amenities, schools, and parks. Don't miss out on this exceptional investment with proven income potential - schedule your viewing today!

Last Agent to Sell the Property

Jamie Jones

Howard Hanna S Tier Inc Brokerage Phone: 607-279-8847 License #10401338751 Listed on: 05/31/2024

Howard Hanna S Tier Inc

Last Buyer's Agent

Jill Rosentel

Warren Real Estate of Ithaca Inc. (Downtown) License #10301201202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,440

Year Built

  • Built in 1840

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 150x364

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,008 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Raymond C Buckley Elementary School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 503289-037-001-0008-005-002-0000

Community Details

Overview

  • Association fees include common area maintenance, gardener, heat, snow removal
  • 2 Units

Building Details

  • Net Operating Income $15,815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,440

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 1.16
  • Lot Size: 150X364
  • Road Frontage Type: Main Thoroughfare
  • Directions: From Ithaca, follow East Shore Drive to address.
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: Existing
  • Year Built: 1840
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Attribution Contact: 607-279-8847
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1840

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Tile, Varies, Vinyl
  • Living Area: 2008.0
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Gardener, Heat, Snow Removal

Schools

  • Elementary School: Raymond C Buckley Elementary
  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 50530.0
  • Parcel #: 503289-037-001-0008-005-002-0000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Property Net Operating Income: 15815.0

Tax Info

  • Tax Annual Amount: 5440.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2010
Sold by
Elliott Joshua
Bought by
Livengood Lori M
Current Estimated Value
$254,291

Purchase Details

Closed on
May 8, 2007
Sold by
Hunter Eleanore G
Bought by
Elliott Joshua
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Livengood Lori M $112,500 Jon Albanese
Elliott Joshua $85,000 Matt Peterson
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $240,000 0.0% $120 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $240,000 -5.9% $120 / Sq Ft
08/08/2024 08/08/24 For Sale $255,000 0.0% $127 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $255,000 -5.6% $127 / Sq Ft
05/31/2024 05/31/24 For Sale $270,000 -- $134 / 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 $6,686 $250,000 $40,500 $209,500
2023 $5,535 $185,000 $40,500 $144,500
2022 $5,298 $168,000 $40,500 $127,500
2021 $5,225 $160,000 $40,500 $119,500
2020 $4,948 $150,000 $40,500 $109,500
2019 $1,749 $150,000 $40,500 $109,500
Source: Public Records

Agents Affiliated with this Home

  • Jamie Jones

    Seller's Agent in 2024

    Jamie Jones

    Howard Hanna S Tier Inc

    (607) 279-8847

    2 in this area

    59 Total Sales

    Jamie Jones
    Section Image

  • J

    Buyer's Agent in 2024

    Jill Rosentel

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 280-2491

    3 in this area

    243 Total Sales

    Jill Rosentel
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1541918

APN: 503289371852

New York Tompkins County Lansing 14882

1893 E Shore Dr, Lansing, NY

Not Listed for Sale

MultiFamily

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