$495,000
SOLD OCT 31, 2024

325 Cascadilla St Unit 27 Ithaca, NY 14850

Washington Park Neighborhood
6 Beds
2 Baths
2,988 Sq Ft
0.25 Acres

Recently Sold

$166 Per Sq Ft

6% Below List Price

100 Days on Market

Highlights

  • 0.25 Acre Lot
  • Wood Flooring
  • Programmable Thermostat
  • DeWitt Middle School Rated A-
  • Private Yard
  • 2-minute walk to Conway Park

About This Home

As of October 2024

Welcome to this charming and spacious 6-bedroom, 2-bathroom mirrored duplex, perfectly situated in downtown Ithaca. This side-by-side duplex offers a great floor plan with hardwood floors throughout and updated kitchens in each unit.

With tenants responsible for their own utilities and each unit equipped with its own laundry facilities, managing this property is a breeze. Whether you're looking to owner-occupy or purchase as a true income property, this duplex offers flexibility and convenience.

Located close to Cornell University, The Commons, parks, and shops, this duplex is in an ideal location for both tenants and owners alike. Don't miss out on this fantastic opportunity!

Last Agent to Sell the Property

Kelly Skeval

Howard Hanna S Tier Inc Brokerage Phone: 607-382-1343 License #10401286257 Listed on: 05/14/2024

Howard Hanna S Tier Inc

Last Buyer's Agent

Ryan Mitchell

Warren Real Estate of Ithaca Inc. (Downtown) License #10401263065

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165
  • Partially Fenced Property
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,988 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Beverly J Martin Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • Association fees include gardener
  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 500700-050-000-0001-004-000-0000
  • $500,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 66X165
  • Directions: From N Meadow St Head North and turn right on Cascadilla. House is on the right.
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1910
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 607-382-1343
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Varies
  • Interior Amenities: Programmable Thermostat
  • Living Area: 2988.0
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Lot Features: Other, See Remarks
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Fence, Private Yard, See Remarks
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Gardener

Schools

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

Lot Info

  • Parcel #: 500700-050-000-0001-004-000-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 515054.0
  • Tax Other Annual Assessment Amount: 500000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
325-327 Cascadilla St Llc
Bought by
Kelln Sharon and Kelln Colby
Current Estimated Value
$486,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$338,430
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,096

Purchase Details

Closed on
Oct 28, 2014
Sold by
Ashton Mark R
Bought by
325-327 Cascadilla St. Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,750
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2013
Sold by
Ashton Jed C
Bought by
Ashton Mark R

Purchase Details

Closed on
Jul 13, 2007
Sold by
Johnson Jeremy Lucas
Bought by
Ashton Mark R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,720
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2001
Sold by
Seibel Robert F
Bought by
Johnson Isabelle E
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $475,000 None Available
Deed $341,000 Kimberly N. Rothman
Interfamily Deed Transfer -- Geldenhuys Mariette
Deed $225,900 Elizabeth Aherne
Deed $102,000 Randall Marcus
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 Purchase Money Mortgage
Previous Owner $255,750 Purchase Money Mortgage
Previous Owner $180,720 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $495,000 -3.9% $166 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
06/03/2024 06/03/24 Price Changed $515,000 -2.6% $172 / Sq Ft
05/14/2024 05/14/24 For Sale $529,000 -- $177 / 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 $15,854 $500,000 $58,100 $441,900
2023 $10,391 $475,000 $58,100 $416,900
2022 $13,674 $425,000 $58,100 $366,900
2021 $12,411 $350,000 $58,100 $291,900
2020 $8,074 $350,000 $58,100 $291,900
2019 $10,669 $340,000 $58,100 $281,900
2018 $8,077 $340,000 $58,100 $281,900
2017 $8,295 $340,000 $31,000 $309,000
2016 $8,372 $340,000 $31,000 $309,000
2015 -- $340,000 $31,000 $309,000
2014 -- $245,000 $31,000 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1537955

APN: 500700-050-000-0001-004-000-0000