NOT LISTED FOR SALE

206 3rd St Ithaca, NY 14850

North Side Neighborhood

Estimated Value: $400,000 - $421,000

6 Beds
2 Baths
2,600 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 20, 2025

Last sale price $415,000 $160 Per Sq Ft

Current estimated payment $2,805/month

135 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Private Yard
  • DeWitt Middle School Rated A-
  • Furnished
  • 2-minute walk to Conway Park

About This Home

As of June 2025

Excellent opportunity to live downtown while generating income, or own a proven investment property! This well-maintained Greek Revival duplex features two spacious 3-bed, 1-bath units, allowing you to pay your taxes – and part of your mortgage - with rental income.
Highlights: Prime Location – Minutes to Farmers Market, GreenStar, Cayuga Medical, The Commons & more. Updated Kitchens and Baths – Includes a renovated bathroom w/new stone-tiled shower in the lower unit, fresh paint, and a beautifully renovated kitchen. Spacious and full of character – High ceilings, historic charm, and modern updates. Extra storage– Two large, durable sheds for owners & tenants. Separate utilities – Ideal for investors or owner-occupiers. Easy commute – Quick access to Cornell; bus routes nearby. Lovingly owner-occupied for many years, this home has been kept with an extra level of care. Sweet private fenced backyard is low maintenance and perfect to sit, relax in the sun, and grill.

Last Agent to Sell the Property

Hilda Moleski

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-220-3369 License #30MO1012648 Listed on: 02/05/2025

Last Buyer's Agent

Garrett Venuto

Warren Real Estate of Ithaca Inc. License #10401360100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,981

Year Built

  • Built in 1864

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 55x72
  • Partially Fenced Property
  • Rectangular Lot
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

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

Accessible Home Design

  • Accessible Bedroom
  • No Interior Steps

Schools

  • Beverly J Martin Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Energy-Efficient Appliances
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for snow removal
  • Assessor Parcel Number 44.-5-7

Community Details

Overview

  • Association fees include snow removal
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,981

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 55X72
  • Road Frontage Type: City Street
  • Directions: Cascadilla Street to Third Street
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Efficiency: Appliances
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1864
  • Attribution Contact: 607-220-3369
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1864

Interior Features

  • Furnished: Furnished
  • Appliances: Gas Water Heater
  • Owner Pays: Snow Removal
  • Accessibility Features: Accessible Bedroom, No Stairs
  • Has Basement: Exterior Entry, Full, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Laminate, Luxury Vinyl, Varies
  • Interior Amenities: Ceiling Fan(s), Bedroom on Main Level
  • Living Area: 2600.0
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Waterfront: No
  • Construction Type: Frame, Other, Vinyl Siding
  • Exterior Features: Fence, Private Yard, See Remarks
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Snow Removal

Schools

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

Lot Info

  • Parcel #: 44.-5-7
  • Zoning Description: Residential 2 Unit

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 11981.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Oct 26, 2015
Sold by
Larochelle Brian
Bought by
Warner Sara L and Watts
Seller's Agent
Susan L. Lewis
Howard Hanna S Tier Inc
Buyer's Agent
Hilda Moleski
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$255,000
Sold Price
$273,000
Premium/Discount to List
$18,000
7.06%
Current Estimated Value
$413,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,133
Avg. Annual Appreciation
4.16%
Original Mortgage
$204,750
Outstanding Balance
$161,645
Interest Rate
3.9%
Mortgage Type
Unknown
Estimated Equity
$251,488

Purchase Details

Closed on
Sep 1, 2009
Sold by
Mutual Housing Associates
Bought by
Larochelle Brian T
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
Warner Sara L $273,000 Ryan Mccarthy
Larochelle Brian T $125,300 Richard Storto
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Sara L $204,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2025 06/20/25 Sold $415,000 -3.3% $160 / Sq Ft
03/11/2025 03/11/25 Price Changed $429,000 -1.4% $165 / Sq Ft
02/27/2025 02/27/25 Price Changed $435,000 -3.1% $167 / Sq Ft
02/05/2025 02/05/25 For Sale $449,000 +64.5% $173 / Sq Ft
10/26/2015 10/26/15 Sold $273,000 +7.1% $105 / Sq Ft View Prior Sale
09/26/2015 09/26/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $255,000 -- $98 / 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 $7,609 $380,000 $38,600 $341,400
2023 $8,108 $369,000 $38,600 $330,400
2022 $11,079 $335,000 $38,600 $296,400
2021 $10,321 $290,000 $38,600 $251,400
2020 $6,637 $290,000 $38,600 $251,400
2019 $6,928 $270,000 $38,600 $231,400
2018 $6,438 $270,000 $38,600 $231,400
2017 $6,610 $270,000 $20,000 $250,000
2016 $6,671 $270,000 $20,000 $250,000
2015 -- $150,000 $20,000 $130,000
2014 -- $150,000 $20,000 $130,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2025

    Hilda Moleski

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 220-3369

    3 in this area

    97 Total Sales

    Hilda Moleski
    Section Image
  • Garrett Venuto

    Buyer's Agent in 2025

    Garrett Venuto

    Warren Real Estate of Ithaca Inc.

    (607) 592-1762

    2 in this area

    60 Total Sales

    Garrett Venuto
    Section Image
  • Susan L. Lewis

    Seller's Agent in 2015

    Susan L. Lewis

    Howard Hanna S Tier Inc

    (607) 257-0800

    9 Total Sales

    Susan L. Lewis
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1587304

APN: 500700-044-000-0005-007-000-0000

New York Tompkins County Ithaca 14850 North Side

206 3rd St, Ithaca, NY

Not Listed for Sale

MultiFamily

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