$399,000
$20K PRICE DROP

215 W Spencer St Unit A2 Ithaca, NY 14850

South Hill Neighborhood

Estimated payment $3,207/month

Total Views 31,845
2 Beds
2.5 Baths
1,296 Sq Ft
$308 Price per Sq Ft

Highlights

  • ENERGY STAR Certified Homes
  • Property is near public transit
  • Open Floorplan
  • South Hill School Rated A-
  • Wood Flooring
  • Solid Surface Countertops

About This Home

Like a Grecian flat in the Finger Lakes, this light-filled, south-oriented, 2 bedroom, 2.5 bath condo comes with so many benefits beyond the high-quality, modern construction. As one of the model units when the building was completed in 2018, unit A2 features solid bamboo flooring throughout, porcelain tiles in every bath, and classic white subway tiles on both kitchen and bath walls. The kitchen features locally made custom cabinets, topped with solid quartz countertops. Energy Star appliances, LED lighting, heat pump heating /cooling, high-end windows, and super-insulated walls mean low energy bills and minimal environmental footprint. South-facing orientation allows sunlight to touch every window throughout the day. The unique tax structure of the condo complex means a lower assessment value than sale price, resulting in thousands of dollars in tax savings/year. Live the downtown life with restaurants, theater, coffee, shopping, grocery stores, and the library, all within walking, biking, or skating distance. The low HOA fees of $305/month include all the necessary elements to live the easy condo lifestyle. The best of all worlds awaits you at Ithaka Terraces.

Listing Agent

Melynda Johnson-Wissar

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 315-729-5072 License #10401271621 Listed on: 03/28/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,377

Year Built

  • Built in 2018

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • Open Floorplan

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • No Garage
  • Open Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Property is near public transit

Schools

  • Fall Creek Elementary School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 93.-7-5.112

Community Details

Overview

  • Association fees include common area maintenance, insurance, maintenance structure, reserve fund, snow removal, trash
  • Ppm Association, Phone Number (607) 272-1765
  • Ithaka Terraces Subdivision

Recreation

  • Trails

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,377

Year Built

Built in 2018

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: 156X183
  • Road Frontage Type: City Street
  • Subdivision Name: Ithaka Terraces
  • Directions: Head toward the roundabout on West Spencer St. and park in plentiful street parking below condo buildings.
  • Garage Yn: No
  • Unit Levels: Two
  • Efficiency: Appliances, HVAC, Lighting, Windows
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 2018
  • Property Sub Type Additional: Condominium,Townhouse
  • Attribution Contact: 315-729-5072
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2018

Interior Features

  • Appliances: Dryer, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood, Tile, Varies
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Kitchen/Family Room Combo, Living/Dining Room, Solid Surface Counters
  • Living Area: 1296.0
  • Main Level Bathrooms: 1
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony, Covered, Porch
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, No Garage, Open, One Space

Utilities

  • Laundry Features: In Unit
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Senior Community: No
  • Association Fee: 305.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Phone: 6072721765
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Common Area Maintenance, Insurance, Maintenance Structure, Reserve Fund, Snow Removal, Trash

Schools

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

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • Green Building Verification Type: ENERGY STAR Certified Homes

Lot Info

  • Parcel #: 93.-7-5.112

Tax Info

  • Tax Annual Amount: 8377.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,979 $250,000 $0 $250,000
2023 $0 $185,000 $0 $185,000
2022 $0 $185,000 $0 $185,000
2021 -- $185,000 $0 $185,000
2020 $0 $155,000 $0 $155,000
2019 $0 $155,000 $0 $0
2018 $3,629 $155,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Rent $2,400 0.0% --
07/07/2025 07/07/25 Price Changed $399,000 0.0% $308 / Sq Ft
07/07/2025 07/07/25 For Sale $399,000 -2.4% $308 / Sq Ft
06/30/2025 06/30/25 Off Market $409,000 -- --
06/10/2025 06/10/25 Price Changed $409,000 -2.4% $316 / Sq Ft
03/28/2025 03/28/25 For Sale $419,000 -- $323 / Sq Ft
Source: Ithaca Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $391,000 None Available
Deed $258,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $328,950 New Conventional
Source: Public Records

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Source: Ithaca Board of REALTORS®

MLS Number: R1595856

APN: 500700 93.-7-5.112