NOT LISTED FOR SALE

404 University Ave Ithaca, NY 14850

-- Bed
-- Bath
4,731 Sq Ft
8,276 Sq Ft Lot

Last Sold June 03, 2021

Last sale price $750,000 $159 Per Sq Ft

81 Days on Market

Highlights

  • Furnished
  • Baseboard Heating
  • Coin Laundry
  • Boynton Middle School Rated A-

About This Home

As of June 2021

Purpose built classic 5 unit apartment house featuring 4 - three bedroom & 1 - one bedroom furnished units. The four 3-bedroom units are almost identical in floor plan. Spacious sunny its with many features. Some units have dishwashers. Tenants in 3 bedroom units pay electricity. Common coin -op laundry. Excellent mechanical condition with each unit having own thermostat. Metal roof recently recoated. House is lovely sage green w/cream trim, extensive heavy concrete work just completed to re-support rear porches. Great property. Two apartments renewing for 21-22, 3 still available. Apartment #1 is leased to two persons and is renewing.

Last Agent to Sell the Property

Christopher Anagnost

Christopher George Real Estate Brokerage Email: chris@christophergeorgerealestate.com License #37AN0236407 Listed on: 02/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,000

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • No Driveway

Home Design

  • Stone Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 4,731 Sq Ft Home
  • Furnished

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement

Schools

  • Fall Creek Elementary School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 32.-2-7

Community Details

Overview

  • 5 Units
  • University Ave. Historic Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,000

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Multi Family
  • Lot Size Acres: 0.19
  • Lot Size: 60X
  • Subdivision Name: University Ave. Historic
  • Directions: Property is 2/3's way up University Ave, past Llenroc Ave and near Lake St. House is on west side - no off-street parking.
  • Year Built: 1900
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: chris@christophergeorgerealestate.com
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Has Basement: Partial, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Living Area: 4731.0

Exterior Features

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

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Laundry Features: Common Area, Coin-operated
  • Heating: Gas, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 8276.0
  • Parcel #: 32.-2-7
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 22000.0
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Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $750,000 -11.8% $159 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $850,000 -- $180 / Sq Ft
Source: Ithaca 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 $15,105 $750,000 $90,000 $660,000
2023 $16,554 $750,000 $90,000 $660,000
2022 $25,871 $750,000 $90,000 $660,000
2021 $25,029 $700,000 $90,000 $610,000
2020 $15,387 $700,000 $90,000 $610,000
2019 $18,284 $550,000 $90,000 $460,000
2018 $13,169 $550,000 $90,000 $460,000
2017 $14,118 $575,000 $40,000 $535,000
2016 $14,247 $575,000 $40,000 $535,000
2015 -- $575,000 $40,000 $535,000
2014 -- $575,000 $40,000 $535,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB403706

APN: 500700-032-000-0002-007-000-0000