NOT LISTED FOR SALE

Estimated Value: $345,000 - $400,106

3 Beds
2 Baths
1,412 Sq Ft
$270/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $357,000 $253 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,629/month

63 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Wood Siding
  • Boynton Middle School Rated A-
  • Ductless Heating Or Cooling System
  • 3-minute walk to Ithaca Falls Natural Area

About This Home

As of May 2024

Welcome to this charming 2-unit home in the heart of Fall Creek, in downtown Ithaca, NY, offering versatility as it can easily be converted back to a single-family residence. Conveniently located within walking distance to the picturesque falls, Fall Creek Elementary, and Ithaca High School. The home has been steadily maintained over the years, ensuring a seamless blend of historic charm and modern comfort. Enjoy the inviting fenced-in backyard, perfect for hosting gatherings and creating lasting memories. Embrace the unique opportunity to own a piece of Fall Creek's rich history while enjoying the convenience of nearby amenities. Don't miss the chance to make this versatile property your new home in this thriving and sought-after neighborhood.

Last Agent to Sell the Property

Colby Gee

Real Broker NY, LLC License #10401304570 Listed on: 02/19/2024

Last Buyer's Agent

Kathleen Seaman

Warren Real Estate of Ithaca Inc. License #30SE0908346

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,209

Year Built

  • Built in 1910

Lot Details

  • 2,739 Sq Ft Lot
  • Lot Dimensions are 33x83

Home Design

  • Wood Siding

Interior Spaces

  • 1,412 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 2 Car Garage
  • Common or Shared Parking

Location

  • Property is near public transit

Schools

  • Fall Creek Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Air Source Heat Pump
  • Gas Water Heater

Community Details

  • Association fees include gardener, snow removal, water
  • 2 Units

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 500700-012-000-0002-018-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,209

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.0629
  • Lot Size: 33X83
  • Road Frontage Type: City Street, Main Thoroughfare
  • Directions: From N Cayuga st in Ithaca- find E Falls St- past N Tioga- house is next to Northstar
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1910
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Tile, Varies, Vinyl
  • Living Area: 1412.0
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Residential Lot
  • Waterfront: No
  • Construction Type: Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Common, Two or More Spaces

Utilities

  • Cooling: Ductless, Heat Pump
  • Cooling Y N: Yes
  • Heating: Ductless, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Snow Removal, Water

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 2739.0
  • Parcel #: 500700-012-000-0002-018-000-0000
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 13209.0
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
May 10, 2024
Sold by
Edwards Tyler H
Bought by
Gamble Amandine
Seller's Agent
Colby Gee
Real Broker NY, LLC
Buyer's Agent
Kathleen Seaman
Warren Real Estate of Ithaca Inc.
List Price
$365,000
Sold Price
$357,000
Premium/Discount to List
-$8,000
-2.19%
Views
3
Current Estimated Value
$381,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,277
Avg. Annual Appreciation
4.17%
Original Mortgage
$339,000
Outstanding Balance
$333,129
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$48,148

Purchase Details

Listed on
May 8, 2015
Closed on
Aug 7, 2015
Sold by
Steffy Steele J
Bought by
Nichols Eric M and Rosenberg
Seller's Agent
Allison Hogue
Warren Real Estate of Ithaca Inc.
List Price
$218,000
Sold Price
$235,200
Premium/Discount to List
$17,200
7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$176,400
Interest Rate
4.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 2006
Sold by
Steffy Steele
Bought by
Steffy Steele J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gamble Amandine $357,000 None Available
Nichols Eric M $235,200 Edward Mazza
Nichols Eric M $235,200 Edward Mazza
Steffy Steele J -- Jonathan O Albanese
Steffy Steele J -- Jonathan O Albanese
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamble Amandine $339,000
Previous Owner Nichols Eric M $176,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $357,000 -2.2% $253 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $365,000 +38.8% $258 / Sq Ft
07/31/2019 07/31/19 Sold $263,000 +1.2% $186 / Sq Ft View Prior Sale
07/01/2019 07/01/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $259,900 +10.5% $184 / Sq Ft
08/07/2015 08/07/15 Sold $235,200 +7.9% $167 / Sq Ft View Prior Sale
07/08/2015 07/08/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $218,000 -- $154 / 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 $7,511 $375,000 $29,200 $345,800
2023 $6,686 $303,000 $29,200 $273,800
2022 $9,529 $275,000 $29,200 $245,800
2021 $9,276 $260,000 $29,200 $230,800
2020 $5,918 $260,000 $29,200 $230,800
2019 $6,573 $235,000 $29,200 $205,800
2018 $5,619 $235,000 $29,200 $205,800
2017 $5,767 $235,000 $22,700 $212,300
2016 $5,820 $235,000 $22,700 $212,300
2015 -- $170,000 $22,700 $147,300
2014 -- $170,000 $22,700 $147,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1521837

APN: 500700-012-000-0002-018-000-0000