308 E Falls St Ithaca, NY 14850
Fall Creek NeighborhoodEstimated payment $2,424/month
Highlights
- Barn
- Property is near public transit
- Wood Flooring
- Boynton Middle School Rated A-
- Freestanding Bathtub
- 1-minute walk to Ithaca Falls Natural Area
About This Home
Charming three-bedroom City of Ithaca home nestled in the heart of Fall Creek and bordering the scenic waters of Fall Creek itself. Located just one block from iconic Ithaca Falls with trout fishing right beyond the rear property line, this classic home offers a wonderful blend of character, location, and outdoor space. Inside you’ll find three bedrooms, one full bath with a clawfoot tub, formal living and dining rooms, hardwood floors, a small office nook, traditional staircase, and classic half walls separating the main living spaces. Original details including solid wood doors and glass doorknobs add to the home’s timeless appeal, while a brand-new heating system provides modern comfort. The open kitchen flows into the dining room plus overlooks the large rear yard. The full walkout basement with block foundation offers excellent space for storage, workshop use, or hobbies. Outside, the double-width downtown lot provides exceptional room for gardens, pets, play areas, or expanded outdoor living, complete with mature plantings, garden beds, and berry bushes. A covered freestanding deck creates the perfect setting for outdoor dining, lounging, listening to the falls, or enjoying a quiet summer afternoon. An additional four-bay single-story outbuilding offers tremendous flexibility for storage, shop space, vehicles, or creative use. Off-street parking for multiple cars and easy access to parks, trails, schools, the bus line, downtown Ithaca, and Cornell University complete this appealing entry-level opportunity in one of Ithaca’s unique neighborhoods.
Listing Agent
Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-280-4350 License #30SA0532613 Listed on: 05/21/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,359
Year Built
- Built in 1910
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 50x95
- Partially Fenced Property
- Rectangular Lot
Parking
- 3 Car Detached Garage
- Gravel Driveway
Home Design
- Block Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 972 Sq Ft Home
- 2-Story Property
- Separate Formal Living Room
- Formal Dining Room
- Storm Windows
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
- Freestanding Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Exterior Basement Entry
- Laundry in Basement
Outdoor Features
- Covered Patio or Porch
- Outbuilding
Schools
- Fall Creek Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Property is near public transit
- Barn
Community Details
- Trails
Listing and Financial Details
- Assessor Parcel Number 500700-012-000-0002-011-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,896 | $290,000 | $46,000 | $244,000 |
| 2024 | $5,266 | $290,000 | $46,000 | $244,000 |
| 2023 | $5,161 | $259,000 | $46,000 | $213,000 |
| 2022 | $7,563 | $235,000 | $46,000 | $189,000 |
| 2021 | $7,310 | $220,000 | $46,000 | $174,000 |
| 2020 | $4,412 | $220,000 | $46,000 | $174,000 |
| 2019 | $4,862 | $190,000 | $46,000 | $144,000 |
| 2018 | $3,990 | $190,000 | $46,000 | $144,000 |
| 2017 | $3,740 | $175,000 | $28,200 | $146,800 |
| 2016 | $3,777 | $175,000 | $28,200 | $146,800 |
| 2015 | -- | $165,000 | $28,200 | $136,800 |
| 2014 | -- | $165,000 | $28,200 | $136,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/21/2026 05/21/26 | For Sale | $305,000 | -- | $314 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $750,000 | Virginia Tesi | |
| Deed | $155,000 | Charles Guttman | |
| Interfamily Deed Transfer | -- | Matt Peterson | |
| Deed | $296,800 | Matt Peterson |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $25,000 | Unknown | |
| Previous Owner | $130,000 | Unknown |
Source: Ithaca Board of REALTORS®
MLS Number: R1683650
APN: 500700-012-000-0002-011-000-0000
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Ask me questions while you tour the home.