NOT LISTED FOR SALE

371 N Applegate Rd Ithaca, NY 14850

8 Beds
1 Bath
4,800 Sq Ft
4.76 Acres

Last Sold August 28, 2025

Last sale price $444,000 $92 Per Sq Ft

119 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Wood Siding
  • Charles O. Dickerson High School Rated 9+
  • Baseboard Heating

About This Home

As of August 2025

4 Unit cash flowing property located near Ithaca and Trumansburg. 4 large townhouse style apartments and extra storage space. Build or expand your income portfolio.

Last Agent to Sell the Property

Melissa Skodzinsky

Listing by Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607.227.2863 License #30SK0987831 Listed on: 03/11/2024

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Kelly Skeval

Listing by Howard Hanna S Tier Inc License #10401286257

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,835

Year Built

  • Built in 1990

Lot Details

  • 4.76

Home Design

  • Wood Siding

Interior Spaces

  • 8 Bedrooms
  • 4,800 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

  • No Garage
  • Gravel Driveway

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater

Additional Features

  • Deck
  • 4.76 Acre Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 12
  • Assessor Parcel Number 502600-003-000-0001-012-004-0000

Community Details

Overview

  • 5 Units
  • Applegate Road Subdivision

Building Details

  • Gross Income $65,796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,835

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Year Built: 1990
  • Attribution Contact: 607.227.2863
  • Road Frontage Type: Main Thoroughfare
  • Subdivision Name: Applegate Road
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 8
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 4.76
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Gravel Driveway
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Two Spaces, No Garage

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Senior Community: No

Schools

  • Junior High Dist: Trumansburg

Lot Info

  • Parcel Number: 502600-003-000-0001-012-004-0000
  • Lot Size Sq Ft: 207346.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 65796.0

Tax Info

  • Tax Annual Amount: 9835.0
  • Tax Lot: 12
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Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2025 08/28/25 Sold $444,000 -7.3% $93 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $479,000 -4.0% $100 / Sq Ft
03/11/2024 03/11/24 For Sale $499,000 -- $104 / Sq Ft
Source: Cortland County Board of REALTORS®

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 $9,721 $380,000 $25,000 $355,000
2023 $9,942 $360,000 $25,000 $335,000
2022 $10,079 $360,000 $25,000 $335,000
2021 $10,407 $350,000 $25,000 $325,000
2020 $10,529 $350,000 $25,000 $325,000
2019 $7,141 $350,000 $25,000 $325,000
2018 $10,727 $350,000 $25,000 $325,000
2017 $7,129 $230,000 $25,000 $205,000
2016 $7,221 $230,000 $25,000 $205,000
2015 -- $230,000 $25,000 $205,000
2014 -- $230,000 $25,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1525595

Cortland County Board of REALTORS®