322 Nelson Rd Ithaca, NY 14850
Estimated payment $3,426/month
Highlights
- Primary Bedroom Suite
- Recreation Room
- 1 Fireplace
- South Hill School Rated A-
- Wood Flooring
- 1 Car Detached Garage
About This Home
Welcome to this versatile South Hill property offering 2,047 sq ft of well-designed living space set on 1.68 acres of peaceful, private land. Combining comfortable first-floor living with built-in income potential, this property is ideal for owner-occupants, multigenerational living, or investors alike. The main residence features 3 bedrooms and 2 full baths on the first floor, providing convenient single-level living with a functional layout and inviting living spaces filled with natural light. In addition, the property includes a separate 1 bedroom, 1 full bath apartment, creating an excellent income-producing opportunity or private guest suite. The apartment also includes a spacious bonus room—perfect for a home office, gym, media room, or additional flex space to fit your needs. Enjoy the best of both privacy and convenience in the desirable South Hill neighborhood, located just 8 minutes to Ithaca’s Downtown Commons, 5 minutes to Ithaca College, and 9 minutes to Cornell’s campus—making commuting, dining, and entertainment easily accessible. With acreage, flexibility, and prime proximity to Ithaca’s key destinations, this property offers exceptional value and opportunity.
Listing Agent
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-592-1762 License #10401360100 Listed on: 02/19/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,390
Year Built
- Built in 1980
Lot Details
- 1.68 Acre Lot
- Lot Dimensions are 218x354
- Rural Setting
- Irregular Lot
Parking
- 1 Car Detached Garage
- Gravel Driveway
Home Design
- Block Foundation
- Shingle Roof
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- 2,047 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 1 Fireplace
- Recreation Room
- Partially Finished Basement
Kitchen
- Electric Oven
- Electric Range
- Freezer
- Dishwasher
Flooring
- Wood
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom Suite
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Outdoor Features
- Patio
Schools
- South Hill Elementary School
Utilities
- Ductless Heating Or Cooling System
- Baseboard Heating
- Well
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 502200-004-000-0001-032-071-0000
Map
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 | $6,942 | $280,000 | $29,400 | $250,600 |
| 2023 | $6,363 | $235,000 | $29,400 | $205,600 |
| 2022 | $6,286 | $220,000 | $29,400 | $190,600 |
| 2021 | $6,081 | $210,000 | $29,400 | $180,600 |
| 2020 | $6,011 | $210,000 | $29,400 | $180,600 |
| 2019 | $4,812 | $210,000 | $29,400 | $180,600 |
| 2018 | $6,136 | $210,000 | $29,400 | $180,600 |
| 2017 | $4,818 | $160,000 | $25,400 | $134,600 |
| 2016 | $4,889 | $160,000 | $25,400 | $134,600 |
| 2015 | -- | $160,000 | $25,400 | $134,600 |
| 2014 | -- | $145,000 | $21,000 | $124,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2026 02/19/26 | For Sale | $545,000 | -- | $266 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | $135,000 | Albanese Jon | |
| Deed | $135,000 | Albanese Jon | |
| Interfamily Deed Transfer | -- | Edward A. Mazza | |
| Interfamily Deed Transfer | -- | Edward A. Mazza |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $125,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Ithaca Board of REALTORS®
MLS Number: R1662896
APN: 502200-004-000-0001-032-071-0000
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Ask me questions while you tour the home.