308 Fairmount Ave Ithaca, NY 14850
Bryant Park and Belle Sherman NeighborhoodEstimated payment $7,212/month
Highlights
- Property is near public transit
- Wood Flooring
- Baseboard Heating
- DeWitt Middle School Rated A-
- Ceiling Fan
- Coin Laundry
About This Home
Great Investment with creative potential! A favored and highly sought upper Collegetown location with a flat walking distance to Cornell just seconds from the high-energy Collegetown hub. These 7 units are in the ideal grad student location offering convenience yet situated on a quiet street. Four 1-bedrooms, three 2-bedrooms. Apartments are bright and unique, with furnished options and coin laundry is on site. A select few off-street parking spots.
Listing Agent
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-342-0778 License #30MA0818780 Listed on: 05/07/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,550
Year Built
- Built in 1925
Lot Details
- Lot Dimensions are 50x143
- Rectangular Lot
Home Design
- Slate Roof
- Tile Roof
- Asphalt Roof
- Wood Siding
- Stucco
- Stone
Interior Spaces
- 7 Bedrooms
- 2,358 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Gas Oven
- Gas Range
Flooring
- Wood
- Tile
- Vinyl
Partially Finished Basement
- Walk-Out Basement
- Walk-Up Access
- Exterior Basement Entry
Parking
- 2 Car Garage
- No Garage
- Driveway
Location
- Property is near public transit
Schools
- Belle Sherman Elementary School
- Ithaca Senior High School
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
- High Speed Internet
Community Details
- 7 Units
- Coin Laundry
- Gross Income $114,432
Listing and Financial Details
- Assessor Parcel Number 500700-067-000-0006-002-000-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | $18,353 | $550,000 | $75,000 | $475,000 |
| 2024 | $11,350 | $550,000 | $75,000 | $475,000 |
| 2023 | $13,483 | $600,000 | $75,000 | $525,000 |
| 2022 | $24,689 | $600,000 | $75,000 | $525,000 |
| 2021 | $27,551 | $770,000 | $75,000 | $695,000 |
| 2020 | $17,616 | $770,000 | $75,000 | $695,000 |
| 2019 | $14,472 | $700,000 | $75,000 | $625,000 |
| 2018 | $12,114 | $500,000 | $75,000 | $425,000 |
| 2017 | $11,218 | $450,000 | $40,000 | $410,000 |
| 2016 | $11,319 | $450,000 | $40,000 | $410,000 |
| 2015 | -- | $450,000 | $40,000 | $410,000 |
| 2014 | -- | $450,000 | $40,000 | $410,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $1,000,000 | +52.7% | $424 / Sq Ft | |
| 09/20/2018 09/20/18 | Sold | $655,000 | -14.4% | $1,092 / Sq Ft | View Prior Sale |
| 08/21/2018 08/21/18 | Pending | -- | -- | -- | |
| 04/23/2018 04/23/18 | For Sale | $765,000 | -- | $1,275 / Sq Ft |
Source: Ithaca Board of REALTORS®
MLS Number: R1679498
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Ask me questions while you tour the home.