NOT LISTED FOR SALE

Estimated Value: $697,000 - $887,000

7 Beds
3.5 Baths
3,397 Sq Ft
$229/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $735,000 $216 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,296/month

52 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Window Unit Cooling System
  • DeWitt Middle School Rated A-
  • Eat-In Kitchen
  • Patio

About This Home

As of May 2023

Opportunity is knocking and it is a good one! A handsome Belle Sherman neighborhood side-by-side duplex just a few blocks from Cornell campus and in excellent condition! Seller has maintained every nook & cranny plus added major updates while doing so. 4 bedrooms, 2.5 baths on one side and 3 bedrooms, 1 bath on the other. Multiple driveways for off-street parking, separate gas and electric meters, updated mechanics, plenty of storage space, central air, large fenced-in city lot and located in an excellent rental location. Each unit has multiple floors of living space with well-sized rooms, wood floors and laundry. Both units are rented plus there is an Airbnb or in-law suite with a private entrance, bath, bedroom nook, laundry and living space with a fantastic track record of income. Can be an ideal owner-occupied home with extra income from both the second unit and the Airbnb suite OR, purchase as an investment property and take advantage of the amazing rental location and amenities.

Last Agent to Sell the Property

Steven Saggese

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: steve@ithacahomefinder.com License #30SA0532613 Listed on: 03/10/2023

Last Buyer's Agent

Johan Dulfer

Berkshire Hathaway HomeServices Heritage Realty License #10301222856

Berkshire Hathaway HomeServices Heritage Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x130
  • Partially Fenced Property

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,397 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Shed

Schools

  • Belle Sherman Elementary School
  • Dewitt Middle School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Separate Meters
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 66.-8-7.1

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 70X130
  • Directions: Located on the corner of Worth Street and Cornell Street.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1910
  • ResoBuildingAreaSource: Plans
  • Attribution Contact: steve@ithacahomefinder.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Refrigerator, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen
  • Living Area: 3397.0
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame
  • Exterior Features: Fence, Patio
  • Foundation Details: Poured
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Utilities

  • Cooling: Separate Meters, Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Separate Meters, Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Lot Size Sq Ft: 9148.0
  • Parcel #: 66.-8-7.1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
May 31, 2023
Sold by
Dwyer Herbert D
Bought by
Williams Evan S and Williams Tricia T
Seller's Agent
Steven Saggese
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Johan Dulfer
Berkshire Hathaway HomeServices Heritage Realty
List Price
$735,000
Sold Price
$735,000
Current Estimated Value
$779,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,086
Avg. Annual Appreciation
2.29%
Original Mortgage
$441,000
Outstanding Balance
$429,208
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$349,878

Purchase Details

Closed on
May 4, 2006
Sold by
Venuto Jason S & By P
Bought by
Dwyer Herbert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,425
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2002
Sold by
Ann Rosica Elise Marie and Ann Lorene
Bought by
Venuto Jason S
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
Williams Evan S $735,000 None Available
Dwyer Herbert D $301,500 David Parks
Venuto Jason S $165,000 Don R Crittenden
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Evan S $441,000
Previous Owner Dwyer Herbert D $286,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $735,000 0.0% $216 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $735,000 -- $216 / 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 $14,565 $735,000 $93,300 $641,700
2023 $9,547 $475,000 $93,300 $381,700
2022 $0 $440,000 $93,300 $346,700
2021 $8,459 $400,000 $93,300 $306,700
2020 $8,279 $400,000 $93,300 $306,700
2019 $9,490 $385,000 $93,300 $291,700
2018 $8,197 $385,000 $93,300 $291,700
2017 $8,477 $385,000 $49,900 $335,100
2016 $7,223 $330,000 $49,900 $280,100
2015 -- $300,000 $49,900 $250,100
2014 -- $300,000 $49,900 $250,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB408267

APN: 500700-066-000-0008-007-001-0000