Seller's Agent in 2025
Kathleen Markowski
Warren Real Estate of Ithaca Inc.
(607) 342-0778
5 in this area
39 Total Sales
2451 N Triphammer Rd Ithaca, NY 14850
Estimated Value: $258,000 - $289,000
5
Beds
3.5
Baths
2,739
Sq Ft
$97/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Wood Flooring
- Corner Lot
- DeWitt Middle School Rated A-
- 1 Fireplace
- Woodwork
About This Home
As of October 2025OPPORTUNITY KNOCKS! Prime development location with municipal services offers income to carry. This 3 unit investment property... two bedroom and two 1 bedrooms... currently is leased below market rent and with some updating and vision could be a gem of a money maker. Solid building close to Cayuga Mall, Triphammer Mall and Pyramid Mall and medical. Large expansive one acre lot with two roads of frontage offers expansion possibilities. Adjacent investment property with municipal services may have right of first refusal or possibly purchased at the same time for a total of 1.7 acres. Property is being sold "as-is".
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-342-0778 License #30MA0818780 Listed on: 06/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,700
Year Built
- Built in 1839
Lot Details
- 1.02 Acre Lot
- Lot Dimensions are 199x198
- Corner Lot
- Rectangular Lot
Home Design
- Triplex
- Poured Concrete
- Metal Roof
Interior Spaces
- 2,739 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- 1 Fireplace
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Basement
- Walk-Out Basement
- Partial Basement
Parking
- 2 Car Garage
- Parking Available
Location
- Property is near public transit
Schools
- Beverly J Martin Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- The owner pays for grounds care, heat, water
- Assessor Parcel Number 503201-045-002-0001-022-000-0000
Community Details
Overview
- Association fees include common area maintenance, heat, water
- 3 Units
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 30, 2013
Sold by
Gersh, Nancy G. D/B/A Quality Rentals Of Itha
Bought by
Shipman Keith
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,225
Outstanding Balance
$95,596
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$171,338
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shipman Keith | $164,970 | Mazza Edward |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shipman Keith | $140,225 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Sold | $265,000 | -8.6% | $97 / Sq Ft |
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 06/20/2025 06/20/25 | For Sale | $290,000 | -- | $106 / Sq Ft |
Source: Ithaca Board of REALTORS®
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 |
|---|---|---|---|---|
| 2025 | $7,118 | $290,000 | $90,200 | $199,800 |
| 2024 | $7,118 | $290,000 | $90,200 | $199,800 |
| 2023 | $5,613 | $209,000 | $90,200 | $118,800 |
| 2022 | $5,223 | $190,000 | $90,200 | $99,800 |
| 2021 | $5,055 | $180,000 | $90,200 | $89,800 |
| 2020 | $5,016 | $180,000 | $90,200 | $89,800 |
| 2019 | $1,760 | $180,000 | $90,200 | $89,800 |
| 2018 | $4,565 | $160,000 | $90,200 | $69,800 |
| 2017 | $4,636 | $160,000 | $50,000 | $110,000 |
| 2016 | $4,642 | $160,000 | $50,000 | $110,000 |
| 2015 | -- | $160,000 | $50,000 | $110,000 |
| 2014 | -- | $160,000 | $50,000 | $110,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Markowski
-
Alanie Woodin
Buyer's Agent in 2025
Alanie Woodin
RE/MAX
(607) 229-2203
3 in this area
60 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1616828
APN: 503201-045-002-0001-022-000-0000
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