NOT LISTED FOR SALE

Estimated Value: $368,000 - $406,000

5 Beds
3 Baths
1,774 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $350,000 $197 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,565/month

44 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Forced Air Heating System
  • Boynton Middle School Rated A-
  • 1 Fireplace
  • 1-minute walk to Auburn Park

About This Home

As of July 2024

Located in the delightful Fall Creek Neighborhood, this building presents a wonderful opportunity to explore the realm of investments. Imagine this: reside in one unit while earning rental income from the other, simplifying homeownership. Alternatively, maximize profits by renting out both units. Feeling ambitious? Transform it into a charming single-family home. With a nearby park and covered parking for your vehicle, convenience is at your fingertips. Each unit radiates a cozy atmosphere, with the first floor featuring washer/dryer hookups and backyard entry. Walking distance to the Ithaca Farmer's Market and Cayuga Water Front Trail. It's a real estate aspiration just waiting to be realized!

Last Agent to Sell the Property

James Lane

Dryden Realty License #10371201153 Listed on: 05/09/2024

Last Buyer's Agent

Donna Duncan

Howard Hanna S Tier Inc License #30DU0983081

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,525

Year Built

  • Built in 1880

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 40x132

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,774 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Up Access
  • Exterior Basement Entry

Parking

  • 1 Car Garage
  • Carport

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Fall Creek Elementary School
  • Boynton Middle School
  • Ithaca Senior High School

Utilities

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

Community Details

  • 2 Units
  • Net Operating Income $20,496

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 16
  • Assessor Parcel Number 500700-026-000-0003-016-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,525

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1212
  • Lot Size: 40X132
  • Road Frontage Type: City Street
  • Directions: Rt 13 to Dey St. Left on Auburn, house on Rt, Blue *No Sign*
  • Architectural Style: Duplex
  • Carport Y N: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1880
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Walk-Up Access
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Living Area: 1774.0
  • Stories: 2

Exterior Features

  • Lot Features: Flood Zone, Near Public Transit, Residential Lot
  • Waterfront: No
  • Construction Type: Fiber Cement, Frame, Copper Plumbing
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Carport, One Space

Utilities

  • Laundry Features: Washer Hookup
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 5280.0
  • Parcel #: 500700-026-000-0003-016-000-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Property Net Operating Income: 20496.0

Tax Info

  • Tax Annual Amount: 10525.0
  • Tax Lot: 16

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2024 07/18/24 Sold $350,000 -9.1% $197 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $385,000 -- $217 / 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 $6,532 $325,000 $44,100 $280,900
2023 $6,923 $314,000 $44,100 $269,900
2022 $9,427 $285,000 $44,100 $240,900
2021 $8,754 $245,000 $44,100 $200,900
2020 $5,606 $245,000 $44,100 $200,900
2019 $6,660 $225,000 $44,100 $180,900
2018 $5,385 $225,000 $44,100 $180,900
2017 $5,527 $225,000 $31,000 $194,000
2016 $5,577 $225,000 $31,000 $194,000
2015 -- $190,000 $31,000 $159,000
2014 -- $190,000 $31,000 $159,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1536429

APN: 500700-026-000-0003-016-000-0000