NOT LISTED FOR SALE
-- Bed
-- Bath
4,389 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: March 24, 2022

Last sale price $617,500 $141 Per Sq Ft

216 Days on Market

Highlights

  • Baseboard Heating
  • 2 Car Garage
  • Walk-Up Access
  • South Hill School Rated A-
  • Coin Laundry

About This Home

As of March 2022

4-unit Investment Property with great rental history. Fully rented. The four units consist of one 3-bedroom apartment, one 2-bedroom apartment and two 1-bedroom apartments. Well maintained & updated. Located on desirable South Hill, just minutes to Ithaca College and Ithaca Commons. New roof in 2010. 2-car garage PLUS 4 off street parking spots. Owner pays for heat and hot water and lowest level electric. Solar for hot water. Shared coin-operated laundry. New heating system 2008. Recent Electrical certificate from City - electrical system has been upgraded with the following electrical work being performed; Installation of a new four meter service, Replacement of fuse box with breaker panels, and Installation of GFI receptacle at the house???????????????????????????????????????? panel.

Last Agent to Sell the Property

Jolene Rightmyer-Macolini

Berkshire Hathaway HomeServices Heritage Realty Brokerage Email: Jolene@SellsYourProperty.com License #30RI0970594 Listed on: 07/21/2021

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Dana Decker

Berkshire Hathaway HomeServices Heritage Realty License #10491202352

Berkshire Hathaway HomeServices Heritage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,836

Year Built

  • Built in 1975

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 98x48

Parking

  • 2 Car Garage

Home Design

  • 4,389 Sq Ft Home
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Partially Finished Basement

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

Schools

  • South Hill Elementary School
  • Boynton Middle School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • 4 Units
  • Coin Laundry
  • Gross Income $68,220

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 81.-5-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,836

Year Built

Built in 1975

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 98X48
  • Directions: Corner of Pleasant and S. Aurora
  • Garage Yn: Yes
  • Year Built: 1975
  • Attribution Contact: Jolene@SellsYourProperty.com
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Has Basement: Exterior Entry, Partially Finished, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Living Area: 4389.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Block, Stone
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Common Area, Coin-operated
  • Heating: Electric, Gas, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities

Schools

  • Elementary School: South Hill
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 4792.0
  • Parcel #: 81.-5-5

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 68220.0

Tax Info

  • Tax Annual Amount: 16836.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Mar 18, 2022
Sold by
Bought by
Seller's Agent
Jolene Rightmyer-Macolini
Berkshire Hathaway HomeServices Heritage Realty
Buyer's Agent
Dana Decker
Berkshire Hathaway HomeServices Heritage Realty
List Price
$630,000
Sold Price
$617,500
Premium/Discount to List
-$12,500
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,125
Outstanding Balance
$427,529
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 24, 2018
Sold by
Bought by
Seller's Agent
Jolene Rightmyer-Macolini
Berkshire Hathaway HomeServices Heritage Realty
Buyer's Agent
Jolene Rightmyer-Macolini
Berkshire Hathaway HomeServices Heritage Realty
List Price
$599,000
Sold Price
$578,015
Premium/Discount to List
-$20,985
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%
Original Mortgage
$560,000
Interest Rate
4.6%

Purchase Details

Closed on
Feb 28, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,670
Interest Rate
5.72%
Mortgage Type
Commercial
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

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 Buyer Sale Price Title Company
$617,500 None Available
-- --
$233,000 Adam Klausner
Source: Public Records

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 Borrower Loan Amount
Open $463,125
Previous Owner $560,000
Closed $330,000
Closed $224,670
Previous Owner $224,670
Source: Public Records

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 Prior Sale
03/24/2022 03/24/22 Sold $617,500 -2.0% $141 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
07/21/2021 07/21/21 For Sale $630,000 +9.0% $144 / Sq Ft
10/24/2018 10/24/18 Sold $578,015 -3.5% $132 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $599,000 -- $136 / Sq Ft
Source: Ithaca Board of REALTORS®

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 $16,620 $500,000 $45,000 $455,000
2024 $10,125 $500,000 $45,000 $455,000
2023 $11,089 $500,000 $45,000 $455,000
2022 $17,446 $500,000 $45,000 $455,000
2021 $16,941 $470,000 $45,000 $425,000
2020 $10,722 $470,000 $45,000 $425,000
2019 $8,326 $425,000 $45,000 $380,000
2018 $7,023 $290,000 $45,000 $245,000
2017 $6,260 $260,000 $30,000 $230,000
2016 $6,538 $260,000 $30,000 $230,000
2015 -- $246,000 $30,000 $216,000
2014 -- $246,000 $30,000 $216,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB404986

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