NOT LISTED FOR SALE

224 Linden Ave Ithaca, NY 14850

Estimated Value: $1,209,615

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold June 16, 2017

Last sale price $750,000

Est. 61% increase in value since last sale

Current estimated payment $6,705/month

155 Days on Market

Highlights

  • Forced Air Heating System
  • 1 Car Garage
  • Walk-Up Access
  • DeWitt Middle School Rated A-

About This Home

As of June 2017

College Town rental with lots of potential! Currently 2 of the bedrooms have been used as office space, currently there are 9 potential bedrooms and a 2 bedroom apartment on the top floor. The property is being sold towards selling this estate. Listing agent was related to the owner and has limited knowledge regarding the property.

Last Agent to Sell the Property

Edith Spaulding

Howard Hanna S Tier Inc Brokerage Email: edie@edie.com License #30SP0672112 Listed on: 12/12/2016

Last Buyer's Agent

Christopher Anagnost

Christopher George Real Estate License #37AN0236407

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,908

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • 1 Car Garage

Home Design

  • Stone Foundation
  • Asphalt Roof

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Basement

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

Schools

  • Belle Sherman Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • College Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 500700 64.-10-13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,908

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 40X100
  • Water Body Name: None
  • Subdivision Name: College Town
  • Directions: Dryden Road, L on Linden Ave, Green
  • Garage Yn: Yes
  • Year Built: 1900
  • Attribution Contact: edie@edie.com
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Has Basement: Exterior Entry, Full, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Interior Amenities: Other, See Remarks

Exterior Features

  • Foundation Details: Stone
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Heating: Electric, Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 3920.0
  • Parcel #: 500700 64.-10-13
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 15908.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2022
Sold by
301 Ca Associates Llc
Bought by
224 Lcta Llc
Current Estimated Value
$1,209,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,180,000
Outstanding Balance
$3,029,047
Interest Rate
5.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,819,432

Purchase Details

Listed on
Dec 12, 2016
Closed on
Jun 14, 2017
Sold by
Estate Orson Ledger
Bought by
301 Ca Associates Llc
Seller's Agent
Edith Spaulding
Howard Hanna S Tier Inc
Buyer's Agent
Christopher Anagnost
Christopher George Real Estate
List Price
$525,000
Sold Price
$750,000
Premium/Discount to List
$225,000
42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
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
224 Lcta Llc -- None Available
301 Ca Associates Llc $750,000 C Daniel Shulman
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 224 Lcta Llc $3,180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold $750,000 +42.9% --
05/17/2017 05/17/17 Pending -- -- --
12/12/2016 12/12/16 For Sale $525,000 -- --
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 $4,642 $220,000 $110,000 $110,000
2023 $5,062 $220,000 $110,000 $110,000
2022 $8,186 $220,000 $110,000 $110,000
2021 $8,186 $220,000 $110,000 $110,000
2020 $5,282 $220,000 $110,000 $110,000
2019 $10,804 $220,000 $110,000 $110,000
2018 $5,386 $220,000 $110,000 $110,000
2017 $9,852 $400,000 $50,000 $350,000
2016 $9,942 $400,000 $50,000 $350,000
2015 -- $250,000 $50,000 $200,000
2014 -- $250,000 $50,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB308244

APN: 500700-064-000-0010-013-000-0000