$149,900
SOLD JAN 23, 2025

306 Elm St Groton, NY 13073

8 Beds
3 Baths
3,058 Sq Ft
0.42 Acres

Recently Sold

$49 Per Sq Ft

9 Days on Market

Highlights

  • Wooded Lot
  • Private Yard
  • Baseboard Heating
  • Wood Flooring
  • Balcony
  • Rectangular Lot

About This Home

As of January 2025

This 1860 original, 3-unit building has a large yard space, and it is walkable to schools, Main St. shopping, library, community pool, and TCAT. Up and coming Groton is an affordable bedroom community located between Ithaca and Cortland. The vision of the Village involves promoting active small-town living, attracting new businesses, and ensuring a good quality of life for those who live here. The village recently received a $4.5 million grant from NY Forward to revitalize its downtown area and to generate new opportunities for long-term growth. Come and see what we have in the works for you!

Last Agent to Sell the Property

Theodore Skibinski

Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #10401307448 Listed on: 08/25/2024

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Joshua Springett

Howard Hanna S Tier Inc License #10401356778

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1860

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 175x104
  • Rectangular Lot
  • Wooded Lot
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Flat Roof Shape
  • Block Foundation
  • Stone Foundation
  • Pitched Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,058 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony

Schools

  • Groton Elementary School
  • Groton Middle School
  • Groton High School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 24
  • Assessor Parcel Number 502801-108-000-0002-024-000-0000

Community Details

Overview

  • Association fees include common area maintenance, snow removal, water
  • 3 Units

Building Details

  • Net Operating Income $26,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,556

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.4178
  • Lot Size: 175X104
  • Directions: From Main St.in Groton, turn right on to Elm St. Proceed uphill for two blocks. The house will be on your right-hand side. Park in the gravel driveway next to the house.
  • Architectural Style: Triplex
  • Building Stories: 3
  • Year Built Details: Existing
  • Year Built: 1860
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 607-428-0708
  • Special Features: VirtualTour
  • Stories: 3
  • Year Built: 1860

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Living Area: 3058.0
  • Stories: 3

Exterior Features

  • Lot Features: Rectangular, Wooded
  • Waterfront: No
  • Construction Type: Fiber Cement, Vinyl Siding, Wood Siding
  • Exterior Features: Balcony, Private Yard, See Remarks
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Balcony
  • Property Condition: Resale
  • Roof: Asphalt, Flat, Pitched

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Electric, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Snow Removal, Water

Schools

  • Elementary School: Groton Elementary
  • Junior High Dist: Groton
  • High School: Groton High
  • Middle Or Junior School: Groton Middle

Lot Info

  • Lot Size Sq Ft: 18200.0
  • Parcel #: 502801-108-000-0002-024-000-0000
  • Zoning Description: Residential 2 Unit
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Property Net Operating Income: 26244.0

Tax Info

  • Tax Annual Amount: 2556.0
  • Tax Lot: 24

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $149,900 0.0% $49 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $149,900 0.0% $49 / Sq Ft
08/25/2024 08/25/24 For Sale $149,900 -- $49 / 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 $4,898 $142,000 $15,400 $126,600
2023 $4,898 $135,000 $15,400 $119,600
2022 $3,981 $100,000 $15,400 $84,600
2021 $4,045 $100,000 $15,400 $84,600
2020 $1,941 $100,000 $15,400 $84,600
2019 $3,950 $95,000 $15,400 $79,600
2018 $3,954 $95,000 $15,400 $79,600
2017 $3,907 $95,000 $15,400 $79,600
2016 $3,941 $95,000 $15,400 $79,600
2015 -- $95,000 $15,400 $79,600
2014 -- $95,000 $15,400 $79,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1561176

APN: 502801-108-000-0002-024-000-0000