NOT LISTED FOR SALE

Estimated Value: $501,000 - $693,000

5 Beds
4 Baths
3,678 Sq Ft
$163/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $537,500 $146 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,975/month

88 Days on Market

Highlights

  • Window Unit Cooling System
  • Storage
  • Baseboard Heating
  • DeWitt Middle School Rated A-
  • Ceiling Fan
  • 3-minute walk to Dewitt Park

About This Home

As of September 2022

Opportunity is knocking... are you listening? This 3 unit in the heart of downtown Ithaca is within a short walk to restaurants, services, shopping and parks. Front porch and two side porches expand the living space and driveway will accommodate 3 cars. 324 is a two story unit and has 3 bedrooms, two full baths with fantastic living spaces accented with wooden floors. 326 A is a main level apartment that is fully renovated with quality and style including an eat in kitchen, 1 1/2 baths, large bedroom, combination living/dining with door to covered porch. Upstairs 326B is a very bright and spacious one bedroom one bath apartment. Coin operated laundry in basement. Perfect for owner occupied or as an income property. Invest in downtown Ithaca a vibrant community where exciting things are happening. New Lease for 324 starting July 1, 2022 is not yet completed.

Last Agent to Sell the Property

Susan Lustick

Warren Real Estate of Ithaca Inc. Brokerage Email: slustick@gmail.com License #30LU0738088 Listed on: 05/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,301

Year Built

  • Built in 1880

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,678 Sq Ft Home
  • Ceiling Fan
  • Storage

Kitchen

  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor

Schools

  • Beverly J Martin Elementary School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 60.-3-4

Community Details

Overview

  • 3 Units
  • Washington Park Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,301

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 66X
  • Subdivision Name: Washington Park
  • Directions: Corner of N Geneva & Court St Boiler with radiators new in 326 A & B. Current rent for 324 is $1895. Current rent for 326B is $1250. See agent remarks for more rent/lease information.
  • Year Built: 1880
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: slustick@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Dirt Floor, Full, Walk-Out Access
  • Basement YN: Yes
  • Interior Amenities: Ceiling Fan(s), Storage
  • Living Area: 3678.0

Exterior Features

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

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Baseboard, Hot Water
  • 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

  • Lot Size Sq Ft: 4792.0
  • Parcel #: 60.-3-4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Sep 13, 2022
Sold by
Piccirilli Fred and Walsh Lucas
Bought by
Dietz Jeremy
Seller's Agent
Susan Lustick
Warren Real Estate of Ithaca Inc.
List Price
$559,000
Sold Price
$537,500
Premium/Discount to List
-$21,500
-3.85%
Current Estimated Value
$630,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,505
Avg. Annual Appreciation
5.12%
Original Mortgage
$403,000
Outstanding Balance
$385,879
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,596

Purchase Details

Closed on
Dec 9, 2014
Sold by
Brown William J
Bought by
324-326 North Geneva Street, Llc

Purchase Details

Closed on
Apr 8, 2010
Sold by
Thomas Kinga M
Bought by
Brown William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,250
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dietz Jeremy $537,500 None Available
324-326 North Geneva Street, Llc -- Peter G. Grossman
Brown William J $223,000 Don Crittenden
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dietz Jeremy $403,000
Previous Owner Piccirilli Fred $297,500
Previous Owner Brown Caroline L $101,000
Previous Owner Brown William J $167,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $537,500 -3.8% $146 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $559,000 -- $152 / Sq Ft
Source: Ithaca 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 $18,301 $570,000 $39,300 $530,700
2023 $11,763 $535,000 $39,300 $495,700
2022 $15,735 $450,000 $39,300 $410,700
2021 $15,314 $425,000 $39,300 $385,700
2020 $9,125 $425,000 $39,300 $385,700
2019 $8,141 $300,000 $39,300 $260,700
2018 $7,199 $300,000 $39,300 $260,700
2017 $6,424 $260,000 $23,500 $236,500
2016 $6,483 $260,000 $23,500 $236,500
2015 -- $235,000 $23,500 $211,500
2014 -- $235,000 $23,500 $211,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406684

APN: 500700-060-000-0003-004-000-0000