Seller's Agent in 2026
Tyler Parseghian
Howard Hanna S Tier Inc
(315) 406-2852
24 Total Sales
402 University Ave Ithaca, NY 14850
5
Beds
3
Baths
2,661
Sq Ft
7,405
Sq Ft Lot
Highlights
- Deck
- Property is near public transit
- Attic
- Boynton Middle School Rated A-
- Wood Flooring
- 1 Fireplace
About This Home
As of April 2026Rare opportunity on Cornell’s West Campus, bordering the beautiful Fall Creek neighborhood. Very short walk to Cornell, Cascadilla Gorge Trail, and waterfalls! Located outside of the designated flood zone! The main house can function as a 5-bedroom rental, or reserve the two rooms downstairs for full-size living and dining areas to create a comfortable home. Live in it yourself or capitalize on strong rental demand in this prime location. A fully rented 1-bedroom apartment in the rear provides steady income. Both units feature covered porches that offer a peaceful retreat with beautiful views and western-facing sunsets. University Avenue connects Ithaca’s vibrant community with the heart of Cornell. Conveniently located along the TCAT bus route 10: servicing Cornell and downtown.
Last Agent to Sell the Property
Howard Hanna S Tier Inc Brokerage Phone: 315-406-2852 License #10401382717 Listed on: 10/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,765
Year Built
- Built in 1920
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 62x110
- Rectangular Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Stone Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,661 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- 1 Fireplace
- Partially Finished Basement
- Walk-Out Basement
- Attic
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
Schools
- Cayuga Heights Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Programmable Thermostat
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- The owner pays for electricity, gas, grounds care, heat, hot water, water
- Assessor Parcel Number 500700-032-000-0002-008-000-0000
Community Details
Overview
- Association fees include common area maintenance, electricity, gardener, heat, hot water, water
- 2 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 15, 2015
Sold by
Bought by
Purchase Details
Listed on
Jan 1, 1800
Closed on
Jul 25, 2013
Sold by
Bought by
Seller's Agent
Richard Patterson
Howard Hanna S Tier Inc
Buyer's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$275,000
Sold Price
$295,000
Premium/Discount to List
$20,000
7.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Purchase Details
Closed on
Sep 10, 2007
Sold by
Bought by
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Mariette Geldenhuys | |
| Deed | $295,000 | Geldenhuys Mariette | |
| Interfamily Deed Transfer | $145,000 | Jonathan Albanese |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | Sold | $445,000 | -4.9% | $167 / Sq Ft | |
| 10/30/2025 10/30/25 | Price Changed | $468,000 | -0.8% | $176 / Sq Ft | |
| 10/14/2025 10/14/25 | For Sale | $472,000 | +60.0% | $177 / Sq Ft | |
| 07/25/2013 07/25/13 | Sold | $295,000 | +7.3% | $130 / Sq Ft | View Prior Sale |
| 06/25/2013 06/25/13 | Pending | -- | -- | -- | |
| 01/01/1800 01/01/00 | For Sale | $275,000 | -- | $122 / Sq Ft |
Source: Ithaca Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $16,100 | $500,000 | $78,900 | $421,100 |
| 2024 | $9,879 | $500,000 | $78,900 | $421,100 |
| 2023 | $10,548 | $486,000 | $78,900 | $407,100 |
| 2022 | $13,660 | $450,000 | $78,900 | $371,100 |
| 2021 | $11,640 | $330,000 | $78,900 | $251,100 |
| 2020 | $7,588 | $330,000 | $78,900 | $251,100 |
| 2019 | $3,034 | $325,000 | $78,900 | $246,100 |
| 2018 | $7,668 | $325,000 | $78,900 | $246,100 |
| 2017 | $7,518 | $310,000 | $50,000 | $260,000 |
| 2016 | $7,588 | $310,000 | $50,000 | $260,000 |
| 2015 | -- | $290,000 | $50,000 | $240,000 |
| 2014 | -- | $290,000 | $50,000 | $240,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Parseghian
-
Kelly Skeval
Buyer's Agent in 2026
Kelly Skeval
Howard Hanna S Tier Inc
(607) 382-1343
110 Total Sales
-
Richard Patterson
Seller's Agent in 2013
Richard Patterson
Howard Hanna S Tier Inc
(607) 257-3200
26 Total Sales
-
Carol Bushberg
Buyer's Agent in 2013
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 279-4530
132 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1644575
APN: 500700-032-000-0002-008-000-0000
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