NOT LISTED FOR SALE

40 Ithaca St Waverly, NY 14892

Estimated Value: $77,000 - $120,000

4 Beds
3 Baths
2,978 Sq Ft
$32/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $75,000 $25 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $725/month

13 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 3-minute walk to East Waverly Park
  • Fireplace
  • Level Lot

About This Home

As of May 2022

Opportunity knocks! This multi-unit with three income-producing apartments just needs someone looking for immediate income! Units all have their own electric meters. Two of the units are heated with Natural Gas, the other with electric.. Heat and electric all paid by tenants. Roof is less than 10 years old including new sheathing. Newer furnaces/upgraded electric panels. Refrigerators and Range/Ovens in all 3 units convey.

Last Agent to Sell the Property

Lacey Maryott

Century 21 Jackson Real Estate - Towanda Brokerage Phone: 5702652100 License #RS337984 Listed on: 02/04/2022

Century 21 Jackson Real Estate - Towanda

Last Buyer's Agent

Dianna Burris

Howard Hanna At Home Realty License #RSR003568

Howard Hanna At Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1950

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 45 x 38
  • Level Lot
  • Cleared Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 2,978 Sq Ft Home
  • 2-Story Property
  • Fireplace

Basement

  • Partial Basement
  • Dirt Floor

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $1,650

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Pet Policy

  • Pets allowed on a case-by-case basis

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,450

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Lot Size: 45 x 38
  • Road Surface Type: Paved
  • Directions: Chemung St to Ithaca St. Subject is near the intersection of Ithaca and Cayuta Streets. See sign
  • Above Grade Finished Sq Ft: 2978
  • Architectural Style: Multi-Family
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1950
  • Attribution Contact: 5702652100
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: Partial, Dirt Floor
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Lot Features: In Town
  • Topography: Cleared,Level
  • Disclosures: Disclosure Form
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Multiple Fireplaces, See Remarks, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers, NYSEG
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas: NYSEG

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Negotiable

Schools

  • Junior High Dist: Waverly

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Farm Land Area Units: Square Feet
  • Zoning Description: PUD - see remarks
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Lease Term: Month-To-Month

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1650
  • Above Grade Finished Area Units: Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 1450
  • Tax Map Number: 166.16-3-40
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Apr 28, 2022
Sold by
Lee Matthew J
Bought by
Cassidy Realty Ny Llc
Seller's Agent
Lacey Maryott
Century 21 Jackson Real Estate - Towanda
Buyer's Agent
Dianna Burris
Howard Hanna At Home Realty
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$109,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,347
Avg. Annual Appreciation
6.67%
Original Mortgage
$56,250
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 15, 2010
Sold by
Lee Jeffrey
Bought by
Lee Matthew
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

Date Buyer Sale Price Title Company
Cassidy Realty Ny Llc $75,000 None Available
Lee Matthew $25,000 Scott Pellinger
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cassidy Realty Ny Llc $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2022 05/04/22 Sold $75,000 0.0% $25 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $75,000 -- $25 / Sq Ft
Source: North Central Penn 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 $1,886 $36,823 $5,900 $30,923
2023 $15 $29,200 $5,900 $23,300
2022 $1,421 $29,200 $5,900 $23,300
2021 $1,420 $29,200 $5,900 $23,300
2020 $1,791 $29,200 $5,900 $23,300
2019 $838 $29,200 $5,900 $23,300
2018 $1,736 $29,200 $5,900 $23,300
2017 $1,708 $29,200 $5,900 $23,300
2016 $1,690 $29,200 $5,900 $23,300
2015 -- $29,200 $5,900 $23,300
2014 -- $29,200 $5,900 $23,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central Penn Board of REALTORS®

MLS Number: 31713019

APN: 492001-166-016-0003-040-000-0000