Seller's Agent in 2024
Jill Burlington
Warren Real Estate of Ithaca Inc.
(607) 592-0474
20 in this area
299 Total Sales
196 E King Rd Ithaca, NY 14850
South Hill NeighborhoodEstimated Value: $334,000 - $532,000
6
Beds
4
Baths
2,800
Sq Ft
$158/Sq Ft
Est. Value
Highlights
- Deck
- Balcony
- Tile Flooring
- South Hill School Rated A-
- Patio
- Baseboard Heating
About This Home
As of March 2024Investment Opportunity. Beautifully renovated townhouse with two identical 3 bed/2bath apartments. Nestled in a residential area next to a park and adjacent to one of the South Hill trails. Strategically located three minutes away from Ithaca College, five miles away from the heart of Cornell Campus.
The building bears two identical, 1400 sq feet apartments, each with three bedrooms and two baths, each has laundry room, living room, deck and garage.
Both apartments have been fully renovated. The work involved structural, including all the subfloors, new seals, drainage, new high quality vinyl flooring, wall prep and finishing, new utility hook ups, new electrical, insolation, as well as painting trimming. All this work includes a brand-new kitchen (with all new cabinets and appliances). The bathrooms are tiled with high end mosaic and great craftmanship, new vanities, sliding glass door showers, sinks and fixtures. Laundry-room has new washer and dryer as well. All the light fixtures are new, and the kitchens displays decorative lighting.
The lot is adjacent to a newly built park/playground.
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-592-0474 License #30BU0950986 Listed on: 02/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,545
Year Built
- Built in 1987
Lot Details
- 0.67 Acre Lot
- Lot Dimensions are 115x282
Parking
- 2 Car Garage
Home Design
- Asphalt Roof
- Wood Siding
- Shake Siding
- Vinyl Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 2,800 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Basement
- Walk-Out Basement
- Crawl Space
Outdoor Features
- Balcony
- Deck
- Patio
Schools
- South Hill Elementary School
Utilities
- Baseboard Heating
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 503089-044-000-0001-004-033-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2024
Closed on
Mar 27, 2024
Sold by
Cohen Pablo M and Cohen Angela
Bought by
Si Yuan and Strauss Kevin
Seller's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Rio Lange
Keller Williams Realty
List Price
$449,000
Sold Price
$449,000
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,451
Avg. Annual Appreciation
-0.72%
Original Mortgage
$404,100
Outstanding Balance
$397,150
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,246
Purchase Details
Closed on
Sep 18, 2008
Sold by
Hunter Constance P
Bought by
Cohen Pablo M
Purchase Details
Closed on
Jun 16, 2003
Sold by
Patel Pravin G
Bought by
Hunter Constance
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Si Yuan | $449,000 | None Available | |
| Cohen Pablo M | $198,500 | Richard Thaler | |
| Hunter Constance | $154,000 | Joe Allen |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Si Yuan | $404,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2024 03/27/24 | Sold | $449,000 | 0.0% | $160 / Sq Ft |
| 02/26/2024 02/26/24 | Pending | -- | -- | -- |
| 02/01/2024 02/01/24 | For Sale | $449,000 | -- | $160 / Sq Ft |
Source: Ithaca Board of REALTORS®
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 | $9,293 | $355,000 | $38,400 | $316,600 |
| 2023 | $9,155 | $318,000 | $38,400 | $279,600 |
| 2022 | $8,708 | $289,000 | $38,400 | $250,600 |
| 2021 | $8,304 | $265,000 | $38,400 | $226,600 |
| 2020 | $8,212 | $265,000 | $38,400 | $226,600 |
| 2019 | $3,816 | $245,000 | $38,400 | $206,600 |
| 2018 | $7,974 | $245,000 | $38,400 | $206,600 |
| 2017 | $7,925 | $245,000 | $25,400 | $219,600 |
| 2016 | $6,510 | $198,000 | $25,400 | $172,600 |
| 2015 | -- | $198,000 | $25,400 | $172,600 |
| 2014 | -- | $198,000 | $25,400 | $172,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Burlington
-
Rio Lange
R
Buyer's Agent in 2024
Rio Lange
Keller Williams Realty
(561) 234-8510
6 in this area
101 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1519282
APN: 503089-044-000-0001-004-033-0000
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