NOT LISTED FOR SALE

Estimated Value: $319,000 - $387,916

5 Beds
3 Baths
1,598 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $295,000 $185 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,423/month

211 Days on Market

Highlights

  • Property is near public transit
  • Patio
  • Forced Air Heating System
  • South Hill School Rated A-
  • Storage
  • Laundry Facilities

About This Home

As of September 2024

Well positioned near local conveniences, plus a great front porch both enclosed and open air to relax on! This 2 Family home in the South hill neighborhood is a special find! Just a 1/2 mile walk to the commons and located on the TCAT bus route. Newly updated main level 3 bedroom apartment features a primary suite with private bath, enclosed sun porch and back patio. Upstairs offers a 2 bedroom 1 bath apartment. Basement has its own exterior entrance and offers great storage space and a common laundry area. There is definitely potential for a work shop or studio space. Lots of upgrades have been done to this property in the last few years both structurally and cosmetic. New roof (2022), new furnace, plumbing and electrical updates, structural supports added in basement, laundry space added, Main level unit has new kitchen and bath. Both units have been painted throughout. This home offers a great opportunity to live in one unit and help pay the mortgage with the other. Downstairs 3 bedroom unit is vacant and will convey vacant. Upstairs is leased through July 30 2025.

Last Agent to Sell the Property

Terri Starr

Listing by Howard Hanna Brokerage Phone: 607.220.4555 License #10401327833 Listed on: 02/07/2024

Howard Hanna

Last Buyer's Agent

Terri Starr

Listing by Howard Hanna Brokerage Phone: 607.220.4555 License #10401327833 Listed on: 02/07/2024

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,731

Year Built

  • Built in 1848

Lot Details

  • 2,579 Sq Ft Lot
  • Lot Dimensions are 32x80
  • Rectangular Lot

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Siding
  • Siding
  • Stucco

Interior Spaces

  • 1,598 Sq Ft Home
  • 2-Story Property
  • Storage

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • South Hill Elementary School
  • Boynton Middle School
  • Ithaca Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Rent includes water
  • Tax Lot 5
  • Assessor Parcel Number 500700-091-000-0001-005-000-0000

Community Details

Overview

  • 2 Units
  • Hudson St Subdivision

Additional Features

  • Laundry Facilities
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,731

Year Built

Built in 1848

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1848
  • Attribution Contact: 607.220.4555
  • ResoLaundryFeatures: Common Area
  • Lot Features: Near Public Transit, Rectangular
  • Subdivision Name: Hudson St
  • Directions: Take South Aurora St toward Ithaca College. Make a left turn onto Hudson st. Home will be on right just passed Columbia st.
  • Architectural Style: Duplex
  • Flooring: Carpet, Laminate, Varies, Vinyl
  • Interior Features: Storage
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0592
  • Waterfront: No
  • Construction Type: Composite Siding, Stucco, Vinyl Siding, PEX Plumbing
  • Exterior Features: Patio
  • Foundation Details: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Ithaca
  • Ninth Grade High School: Ithaca Senior High
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Parcel Number: 500700-091-000-0001-005-000-0000
  • Lot Dimensions: 32X80
  • Lot Size Sq Ft: 2579.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 11731.0
  • Tax Lot: 5

MLS Schools

  • Elementary School: South Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2021
Sold by
Heck Madison C and Malkowski Hollis J
Bought by
Heck & Hollis Capital Llc
Current Estimated Value
$342,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Outstanding Balance
$176,178
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$166,551

Purchase Details

Listed on
Feb 10, 2020
Closed on
Nov 19, 2020
Sold by
Petricola Joseph M and Worthen Isabella
Bought by
Heck Madison C and Malkowski Hollis J
Seller's Agent
Donna Duncan
Howard Hanna S Tier Inc
Buyer's Agent
Terri Starr
Howard Hanna S Tier Inc
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$168,750
Interest Rate
2.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Heck & Hollis Capital Llc -- None Available
Heck Madison C $225,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heck & Hollis Capital Llc $192,800
Previous Owner Heck Madison C $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2024 09/06/24 Sold $295,000 -13.0% $185 / Sq Ft
06/17/2024 06/17/24 Price Changed $339,000 -3.1% $212 / Sq Ft
05/06/2024 05/06/24 Price Changed $350,000 -4.1% $219 / Sq Ft
04/16/2024 04/16/24 Price Changed $365,000 -2.7% $228 / Sq Ft
04/03/2024 04/03/24 Price Changed $375,000 -3.6% $235 / Sq Ft
03/18/2024 03/18/24 Price Changed $389,000 -2.5% $243 / Sq Ft
03/07/2024 03/07/24 Price Changed $399,000 -3.9% $250 / Sq Ft
02/07/2024 02/07/24 For Sale $415,000 +84.4% $260 / Sq Ft
12/01/2020 12/01/20 Sold $225,000 -10.0% $141 / Sq Ft View Prior Sale
11/01/2020 11/01/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $249,900 -- $156 / Sq Ft
Source: Cortland County 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 $7,570 $378,000 $26,200 $351,800
2023 $8,302 $378,000 $26,200 $351,800
2022 $10,744 $350,000 $26,200 $323,800
2021 $9,060 $250,000 $26,200 $223,800
2020 $5,594 $250,000 $26,200 $223,800
2019 $6,526 $210,000 $26,200 $183,800
2018 $5,033 $210,000 $26,200 $183,800
2017 $5,166 $210,000 $19,600 $190,400
2016 $5,213 $210,000 $19,600 $190,400
2015 -- $190,000 $19,600 $170,400
2014 -- $190,000 $19,600 $170,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1519038

Cortland County Board of REALTORS®

APN: 500700-091-000-0001-005-000-0000