NOT LISTED FOR SALE

205 W Buffalo St Ithaca, NY 14850

Washington Park Neighborhood

Estimated Value: $376,000 - $481,000

4 Beds
2 Baths
1,931 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $261,500 $135 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,827/month

121 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Heating System Uses Steam
  • DeWitt Middle School Rated A-
  • Ceiling Fan
  • 3-minute walk to Dewitt Park

About This Home

As of August 2019

Now is you chance to own a two unit property in a great location in downtown Ithaca. Fully rented, the first floor features a 1 bedroom 1 bath apartment with a stunning new kitchen, large living and dining rooms, bedroom, and bath. There's a full-length enclosed porch. Upstairs, find a 3 bedroom apartment with living and dining rooms. Lead Based Paint abatement has been done, there's spray foam insulation, and lots of basement storage! Replacement windows, tasteful landscaping, and a great rental history complete this home! Fully rented, too. All offers will be reviewed on 03/29/19

Last Agent to Sell the Property

Kristopher Buchan

Tompkins Cortland Real Estate Brokerage Email: kris@tcrestate.com License #10371200368 Listed on: 03/15/2019

Last Buyer's Agent

Kristopher Buchan

Tompkins Cortland Real Estate Brokerage Email: kris@tcrestate.com License #10371200368 Listed on: 03/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,530

Year Built

  • Built in 1910

Lot Details

  • 2,178

Parking

  • No Driveway

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,931 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Schools

  • Beverly J Martin Elementary School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Steam
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • 2,178 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 503289 16.-1-40.242

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,530

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Water Body Name: None
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1910
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: kris@tcrestate.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Amenities: Ceiling Fan(s), Main Level Primary
  • Living Area: 1931.0
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Beverly J Martin Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 503289 16.-1-40.242
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9530.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2006
Sold by
Meeker Daniel C
Bought by
Gillam Joseph W
Current Estimated Value
$426,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,180
Outstanding Balance
$47,967
Interest Rate
8%
Mortgage Type
Unknown
Estimated Equity
$378,177

Purchase Details

Closed on
Aug 14, 2002
Sold by
Yale Andrew H
Bought by
Meeker Daniel C
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
Gillam Joseph W $185,000 Matt Peterson
Meeker Daniel C $125,000 Don R Crittenden
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillam Joseph W $175,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2019 08/14/19 Sold $261,500 +13.7% $135 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $229,900 -- $119 / 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 $7,217 $360,000 $28,400 $331,600
2023 $6,794 $308,000 $28,400 $279,600
2022 $9,433 $280,000 $28,400 $251,600
2021 $8,928 $250,000 $28,400 $221,600
2020 $5,720 $250,000 $28,400 $221,600
2019 $5,688 $230,000 $28,400 $201,600
2018 $5,502 $230,000 $28,400 $201,600
2017 $4,397 $200,000 $16,800 $183,200
2016 $4,440 $200,000 $16,800 $183,200
2015 -- $190,000 $16,800 $173,200
2014 -- $190,000 $16,800 $173,200
Source: Public Records

Agents Affiliated with this Home

  • Kristopher Buchan

    Seller's Agent in 2019

    Kristopher Buchan

    Tompkins Cortland Real Estate

    (607) 745-8553

    182 Total Sales

    Kristopher Buchan
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB316187

APN: 500700-060-000-0004-002-000-0000

New York Tompkins County Ithaca 14850 Washington Park

205 W Buffalo St, Ithaca, NY

Not Listed for Sale

MultiFamily

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