Buyer's Agent in 2021
Claudia Lagalla
Howard Hanna S Tier Inc
(607) 342-3749
2 in this area
127 Total Sales
203 Madison St Ithaca, NY 14850
North Side NeighborhoodEstimated Value: $387,000 - $421,000
5
Beds
3
Baths
1,928
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- Storage
- Forced Air Heating System
- 2 Car Garage
- DeWitt Middle School Rated A-
- Ceiling Fan
- 4-minute walk to Thompson Park
About This Home
As of July 2021WOW...here it is...great income opportunity. This well maintained 3 unit is on a quiet downtown street. One 3 bedroom apartment and two 1 bedroom apartments make this a super investment or owner occupied situation. New windows, remodeled kitchen and baths, two new heaters and water heaters. Two bay garage has been structurally enhanced and is wonderful for storage. There is a back yard great for cookouts and each unit has it's own private porch. Basement is dry and wellmaintained with new supports. Walk up attic too, Off street parking. Fully rented until 8/1/21. Updated service panels. Walk to parks, downtown, Gimme Coffee.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,400
Year Built
- Built in 1890
Lot Details
- Partially Fenced Property
Parking
- 2 Car Garage
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- 1,928 Sq Ft Home
- Ceiling Fan
- Storage
- Partial Basement
Kitchen
- Gas Oven
- Gas Range
- Range Hood
- Recirculated Exhaust Fan
- Microwave
Schools
- Beverly J Martin Elementary School
Utilities
- Forced Air Heating System
- Separate Meters
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 45.-2-3
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2021
Closed on
Jul 9, 2021
Sold by
Weiss Gary and Weiss Erica K
Bought by
Wy Manxi and Wu Chao
Buyer's Agent
Claudia Lagalla
Howard Hanna S Tier Inc
List Price
$279,900
Sold Price
$327,000
Premium/Discount to List
$47,100
16.83%
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
$79,055
Avg. Annual Appreciation
4.96%
Original Mortgage
$245,250
Outstanding Balance
$222,730
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,325
Purchase Details
Closed on
Jul 24, 2007
Sold by
Lasskorn Martin
Bought by
Weiss Gary
Purchase Details
Closed on
Apr 15, 2004
Sold by
Nemcek Richard T
Bought by
Lasskorn Martin
Purchase Details
Closed on
May 12, 2000
Sold by
Johnson Theron L
Bought by
Nemcek Richard T
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 |
|---|---|---|---|
| Wy Manxi | $327,000 | None Available | |
| Weiss Gary | $115,000 | William Crane | |
| Lasskorn Martin | $91,000 | Law Office Crittenden | |
| Nemcek Richard T | $72,000 | Atkinson Stephen B |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wy Manxi | $245,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2021 07/09/21 | Sold | $327,000 | +16.8% | $170 / Sq Ft |
| 06/09/2021 06/09/21 | Pending | -- | -- | -- |
| 04/27/2021 04/27/21 | For Sale | $279,900 | -- | $145 / 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 | $7,593 | $375,000 | $41,100 | $333,900 |
| 2023 | $7,951 | $358,000 | $41,100 | $316,900 |
| 2022 | $10,215 | $325,000 | $41,100 | $283,900 |
| 2021 | $8,784 | $240,000 | $41,100 | $198,900 |
| 2020 | $5,267 | $240,000 | $41,100 | $198,900 |
| 2019 | $2,321 | $175,000 | $41,100 | $133,900 |
| 2018 | $4,272 | $175,000 | $41,100 | $133,900 |
| 2017 | $4,017 | $160,000 | $21,000 | $139,000 |
| 2016 | $4,053 | $160,000 | $21,000 | $139,000 |
| 2015 | -- | $160,000 | $21,000 | $139,000 |
| 2014 | -- | $160,000 | $21,000 | $139,000 |
Source: Public Records
Agents Affiliated with this Home
-
Claudia Lagalla
Map
Source: Ithaca Board of REALTORS®
MLS Number: IB404262
APN: 500700-045-000-0002-003-000-0000
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