NOT LISTED FOR SALE

205 E Yates St Unit 7 Ithaca, NY 14850

Fall Creek Neighborhood

Estimated Value: $384,000 - $421,688

5 Beds
2 Baths
1,984 Sq Ft
$201/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $305,000 $154 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,026/month

49 Days on Market

Highlights

  • Baseboard Heating
  • Boynton Middle School Rated A-
  • 3-minute walk to Thompson Park

About This Home

As of March 2023

Fall Creek duplex,ideal for investment or owner-occupancy. 3 br unit now vacant and in move-in condition. Recent improvements include new roof, exterior paint, new gas boiler on east side, and kitchen upgrade, all of which totaled more than $42k. West side already rented to excellent tenant at $1140/mo, plus utils except for w/s which is paid by the Seller. Current lease expires 7/31/23. Both units unfurnished. Laundry machines in both units are owned by seller and convey at closing. Unimproved driveway on east side of building is shared (agreement exists), but could be improved to add value and convenience. Wide sunny rear yard. Wood fencing at rear is owned by neighbor to the south.

Last Agent to Sell the Property

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: carol@carolbushberg.com License #10301223410 Listed on: 12/20/2022

Last Buyer's Agent

Jill Rosentel

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,450

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 48x67

Home Design

  • 1,984 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Kitchen

  • Gas Oven
  • Gas Range

Laundry

  • Dryer
  • Washer

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • 2 Car Garage
  • Parking Available
  • Common or Shared Parking
  • On-Street Parking
  • Off-Site Parking

Schools

  • Fall Creek Elementary School
  • Boynton Middle School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • 2 Units
  • Fall Creek Subdivision

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 500700 34.-6-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,450

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: 48X67
  • Subdivision Name: Fall Creek
  • Directions: East Yates, between N. Tioga and Utica Streets. On the south side of the street. Sage green. 205 is western unit and 207 is the eastern unit.
  • Year Built: 1910
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: carol@carolbushberg.com
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Gas Oven, Gas Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Dirt Floor
  • Living Area: 1984.0

Exterior Features

  • Lot Features: Other, See Remarks
  • Construction Type: Frame
  • Foundation Details: Stone
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Common, Concrete, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 2614.0
  • Parcel #: 500700 34.-6-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Heat

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 9450.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Mar 9, 2023
Sold by
Fall Creek Living Llc
Bought by
Zbk Properties Llc
Seller's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Current Estimated Value
$397,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,922
Avg. Annual Appreciation
10.90%
Original Mortgage
$244,000
Outstanding Balance
$236,340
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$161,582

Purchase Details

Closed on
Jan 27, 2009
Sold by
St Denis Michael A
Bought by
Cho Han

Purchase Details

Closed on
Jun 30, 1997
Sold by
Branca Richar
Bought by
St Denis Michael Amanda
Source: Public Records

Range of Values:

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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
Zbk Properties Llc $305,000 None Available
Cho Han $140,000 Don Crittenden
St Denis Michael Amanda $73,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zbk Properties Llc $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $305,000 -3.2% $154 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
12/20/2022 12/20/22 For Sale $315,000 -- $159 / 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 $11,000 $380,000 $38,200 $341,800
2023 $6,557 $297,000 $38,200 $258,800
2022 $9,085 $270,000 $38,200 $231,800
2021 $8,580 $240,000 $38,200 $201,800
2020 $5,428 $240,000 $38,200 $201,800
2019 $5,514 $210,000 $38,200 $171,800
2018 $5,033 $210,000 $38,200 $171,800
2017 $1,362 $190,000 $23,300 $166,700
2016 $4,727 $190,000 $23,300 $166,700
2015 -- $150,000 $23,300 $126,700
2014 -- $150,000 $23,300 $126,700
Source: Public Records

Agents Affiliated with this Home

  • Carol Bushberg

    Seller's Agent in 2023

    Carol Bushberg

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 279-4530

    14 in this area

    142 Total Sales

    Carol Bushberg
    Section Image

  • J

    Buyer's Agent in 2023

    Jill Rosentel

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 280-2491

    17 in this area

    240 Total Sales

    Jill Rosentel
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB407861

APN: 500700-034-000-0006-002-000-0000

New York Tompkins County Ithaca 14850 Fall Creek

205 E Yates St Unit 7, Ithaca, NY

This home is located at 205 E Yates St Unit 7, Ithaca, NY 14850 since 20 December 2022 and is currently estimated at $397,922, approximately $200 per square foot. This property was built in 1910. 205 E Yates St Unit 7 is a home located in Tompkins County with nearby schools including Fall Creek Elementary School, Boynton Middle School, and Ithaca Senior High School.

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