NOT LISTED FOR SALE

Estimated Value: $401,528 - $433,000

4 Beds
3 Baths
1,668 Sq Ft
$251/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $294,000 $176 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,222/month

270 Days on Market

Highlights

  • Forced Air Heating System
  • 2 Car Garage
  • 3-minute walk to Dewitt Park
  • DeWitt Middle School Rated A-

About This Home

As of June 2021

This three unit apartment building is located in downtown Ithaca, in close proximity to Ithaca College, Cornell University, and the Ithaca Commons. 206 offers two bedrooms, and one full bathroom and both 204-1 and 204-2 apartments are one bedroom and one bathroom. Offering a two car garage, and a large, private driveway, this property is a great investment.

Last Agent to Sell the Property

Jill Burlington

Warren Real Estate of Ithaca Inc. Brokerage Email: jill@warrenhomes.com License #30BU0950986 Listed on: 09/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,150

Year Built

  • Built in 1890

Lot Details

  • 4,250 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,668 Sq Ft Home
  • Dirt Floor

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Schools

  • Beverly J Martin Elementary School
  • Boynton Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 50.-3-16

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,150

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.0976
  • Garage Yn: Yes
  • Year Built: 1890
  • Attribution Contact: jill@warrenhomes.com
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Has Basement: Dirt Floor
  • Living Area: 1668.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stone
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Beverly J Martin Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 4250.0
  • Parcel #: 50.-3-16
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7150.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Jun 30, 2021
Sold by
Talty Helen D
Bought by
Muschek Amelia E
Seller's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
List Price
$329,900
Sold Price
$294,000
Premium/Discount to List
-$35,900
-10.88%
Current Estimated Value
$418,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,882
Avg. Annual Appreciation
7.10%
Original Mortgage
$289,987
Outstanding Balance
$263,688
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$128,737

Purchase Details

Closed on
Feb 26, 2003
Sold by
Hohendahl Icky M
Bought by
Talty Kevin R

Purchase Details

Closed on
Jun 28, 1996
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Muschek Amelia E $299,000 None Available
Talty Kevin R $96,500 Mark Wheeler
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muschek Amelia E $289,987
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $294,000 -10.9% $176 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
09/03/2020 09/03/20 For Sale $329,900 -- $198 / 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 $11,484 $355,000 $37,800 $317,200
2023 $7,348 $330,000 $37,800 $292,200
2022 $10,450 $300,000 $37,800 $262,200
2021 $10,029 $275,000 $37,800 $237,200
2020 $5,093 $220,000 $37,800 $182,200
2019 $5,679 $200,000 $37,800 $162,200
2018 $4,857 $200,000 $37,800 $162,200
2017 $4,498 $180,000 $20,000 $160,000
2016 $4,539 $180,000 $20,000 $160,000
2015 -- $160,000 $20,000 $140,000
2014 -- $160,000 $20,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB402833

APN: 500700-050-000-0003-016-000-0000