NOT LISTED FOR SALE

Estimated Value: $311,129 - $364,000

5 Beds
3 Baths
1,774 Sq Ft
$191/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2024

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

Est. 3% decrease in value since last sale

Current estimated payment $2,132 / mo

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

Co-Listed By

Kayla Lane

Dryden Realty License #10401270231

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,619
  • Gross Income $32,640
  • Net Operating Income $20,496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,525

Year Built

Built in 1880

Lot Details

5,280 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1212
  • Lot Size: 40X132
  • Road Frontage Type: City Street
  • Co List Office Mls Id: IB42
  • Co List Office Phone: 607-844-5130
  • 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
  • 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

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 32640.0
  • Property Net Operating Income: 20496.0
  • Annual Operating Expense: 1619.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 10525.0
  • Tax Lot: 16
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,604 $325,000 $44,100 $280,900
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

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