NOT LISTED FOR SALE

312 Park Place Ithaca, NY 14850

Washington Park Neighborhood

Estimated Value: $332,000 - $438,000

4 Beds
2 Baths
1,884 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $189,500 $101 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,608/month

109 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Entrance Foyer
  • DeWitt Middle School Rated A-
  • Eat-In Kitchen
  • 1-minute walk to Conway Park

About This Home

As of August 2016

Tremendous opportunity for a downtown investment property! Zoned as a two -family residence, this duplex needs work and is worth the effort. Each unit has two bedrooms and a separate entrance. They share a private yard with a deck, tulip magnolia, and off street parking.Property is selling in as-is condition, and is most likely only mortgageable with a rehab loan. See attached structural report. Any offers to be reviewed March 23rd 3 pm.

Last Agent to Sell the Property

Hilda Moleski

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: hilda@carolbushberg.com License #30MO1012648 Listed on: 03/14/2016

Last Buyer's Agent

Jill Rosentel

Warren Real Estate of Ithaca Inc. (Downtown) License #10301201202

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,964

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deck
  • Shed

Schools

  • Beverly J Martin Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Northside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 500700 51.-2-9

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size: 40X
  • Water Body Name: None
  • Subdivision Name: Northside
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1900
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: hilda@carolbushberg.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Has Basement: Dirt Floor, Exterior Entry, Walk-Up Access, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Laminate, Varies
  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Main Level Primary
  • Living Area: 1884.0
  • Dining Room Type: Entry/Foyer
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Utilities

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

Schools

  • Elementary School: Beverly J Martin Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 500700 51.-2-9
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Aug 1, 2016
Sold by
Mcgill Deborah
Bought by
Kimelman Ohn
Seller's Agent
Hilda Moleski
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$175,000
Sold Price
$189,500
Premium/Discount to List
$14,500
8.29%
Current Estimated Value
$380,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,737
Avg. Annual Appreciation
7.56%
Original Mortgage
$257,077
Outstanding Balance
$205,118
Interest Rate
3.48%
Mortgage Type
FHA
Estimated Equity
$175,120

Purchase Details

Closed on
Aug 4, 2003
Sold by
Mcgill Edna M
Bought by
Mcgill Lawrence H
Source: Public Records
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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
Kimelman Ohn $189,500 Albanese Jonathan
Mcgill Lawrence H -- Lary M Howe
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimelman Ohn $257,077
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $189,500 +8.3% $101 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $175,000 -- $93 / 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
2024 $7,609 $380,000 $40,800 $339,200
2023 $7,268 $330,000 $40,800 $289,200
2022 $10,040 $300,000 $40,800 $259,200
2021 $9,451 $265,000 $40,800 $224,200
2020 $6,032 $265,000 $40,800 $224,200
2019 $4,863 $240,000 $40,800 $199,200
2018 $5,736 $240,000 $40,800 $199,200
2017 $4,203 $170,000 $22,100 $147,900
2016 $4,241 $170,000 $22,100 $147,900
2015 -- $150,000 $22,100 $127,900
2014 -- $150,000 $22,100 $127,900
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Hilda Moleski

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 220-3369

    2 in this area

    98 Total Sales

    Hilda Moleski
    Section Image

  • J

    Buyer's Agent in 2016

    Jill Rosentel

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 280-2491

    4 in this area

    241 Total Sales

    Jill Rosentel
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB305353

APN: 500700-051-000-0002-009-000-0000

New York Tompkins County Ithaca 14850 Washington Park

312 Park Place, Ithaca, NY

Not Listed for Sale

MultiFamily

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