NOT LISTED FOR SALE

315 E Falls St Ithaca, NY 14850

Fall Creek Neighborhood

Estimated Value: $337,553 - $465,000

6 Beds
2 Baths
1,390 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $430,000 $309 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,545/month

1 Day on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Baseboard Heating
  • Boynton Middle School Rated A-
  • Awning
  • 1-minute walk to Ithaca Falls Natural Area

About This Home

As of October 2024

Charming fall creek side-by-side duplex with great rental history, featuring two large 3-bedroom apartments, hardwood floors, a fenced in backyard, and off-street parking. This property is conveniently located near Cornell and downtown Ithaca. This property is one building with two units, each unit with its own tax parcel number.

Last Agent to Sell the Property

Mark Skodzinsky

Listing by Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607.592.0377 License #10301207152 Listed on: 03/20/2024

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Mark Skodzinsky

Listing by Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607.592.0377 License #10301207152 Listed on: 03/20/2024

Berkshire Hathaway HomeServices Heritage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,273

Year Built

  • Built in 1910

Lot Details

  • 2,948 Sq Ft Lot
  • Lot Dimensions are 31x93

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 1,390 Sq Ft Home
  • 2-Story Property
  • Awning
  • Partial Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes common area maintenance, gardener, snow removal, water
  • Assessor Parcel Number 500700-012-000-0003-006-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,273

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance, Gardener, Snow Removal, Water
  • Year Built: 1910
  • Attribution Contact: 607.592.0377
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Lake St to E. Falls St
  • Architectural Style: Duplex
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.13
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding
  • Exterior Features: Awning(s)
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Ithaca

Lot Info

  • Parcel Number: 500700-012-000-0003-006-000-0000
  • Lot Dimensions: 31X93
  • Lot Size Sq Ft: 2948.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 8273.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2013
Sold by
Merrill David
Bought by
Donna David G and Donna Merrill R
Current Estimated Value
$409,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,700
Outstanding Balance
$178,359
Interest Rate
4.51%
Mortgage Type
Unknown
Estimated Equity
$231,279

Purchase Details

Closed on
Aug 22, 2013
Sold by
Merrill David G As Trustee
Bought by
Nison Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,700
Outstanding Balance
$178,359
Interest Rate
4.51%
Mortgage Type
Unknown
Estimated Equity
$231,279

Purchase Details

Closed on
Feb 22, 2002
Sold by
Brown Dora Louise Taggart -Esta
Bought by
Merrill David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Donna David G -- Geldenhuys Mariette
Nison Evan $341,000 Albanese Jonathan
Merrill David $160,000 Mariette Geldenhuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nison Evan $238,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold $430,000 -1.1% $309 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $435,000 -- $313 / Sq Ft
Source: Cortland County 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 $4,784 $240,000 $29,800 $210,200
2023 $4,582 $209,000 $29,800 $179,200
2022 $6,403 $190,000 $29,800 $160,200
2021 $6,067 $170,000 $29,800 $140,200
2020 $3,954 $170,000 $29,800 $140,200
2019 $3,751 $170,000 $29,800 $140,200
2018 $4,039 $170,000 $29,800 $140,200
2017 $4,148 $170,000 $21,400 $148,600
2016 $4,186 $170,000 $21,400 $148,600
2015 -- $170,000 $21,400 $148,600
2014 -- $170,000 $21,400 $148,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mark Skodzinsky

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 423-4363

    1 in this area

    92 Total Sales

    Mark Skodzinsky
    Section Image
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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1527474

Cortland County Board of REALTORS®

APN: 500700-012-000-0003-006-000-0000

New York Tompkins County Ithaca 14850 Fall Creek

315 E Falls St, Ithaca, NY

Not Listed for Sale

MultiFamily

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