NOT LISTED FOR SALE

425 Troy Rd Ithaca, NY 14850

Estimated Value: $496,000 - $583,000

6 Beds
4 Baths
2,808 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $384,000 $137 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,665/month

22 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Home Office
  • Baseboard Heating
  • South Hill School Rated A-
  • Balcony
  • High Speed Internet

About This Home

As of December 2020

Rare newer Duplex on South Hill on over 2 acres. Built in 2016, this beautiful property has mirror up and down units with open living and beautiful finishes including granite and tile backsplash. Three bedrooms plus office with two full bathrooms in each unit. Rented until August 2021/2022 with over $4,590 in monthly income. Great investment opportunity or perfect for owner occupied. Don't worry about maintenance with newer building. Scenic lot and privacy but close to Ithaca College and downtown Ithaca.

Last Agent to Sell the Property

Tam Marion Warren

Warren Real Estate of Ithaca Inc. Brokerage Email: tam@warrenhomes.com License #10301210708 Listed on: 11/09/2020

Last Buyer's Agent

Jill Burlington

Warren Real Estate of Ithaca Inc. License #30BU0950986

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 2.11

Parking

  • Common or Shared Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,808 Sq Ft Home
  • 2-Story Property
  • Home Office
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • South Hill Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • Balcony
  • 2.11 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 502200 4.-1-34.1

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 2.11
  • Directions: 425 Troy Road, right past intersection of Nelson and Troy. No sign on property
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2016
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: tam@warrenhomes.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Laminate, Varies
  • Interior Amenities: Home Office, Main Level Primary
  • Living Area: 2808.0
  • Dining Room Type: Office
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Balcony
  • Foundation Details: Block
  • Patio And Porch Features: Balcony
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Common

Utilities

  • Heating: Ductless, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Well

Schools

  • Elementary School: South Hill
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 91912.0
  • Parcel #: 502200 4.-1-34.1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 31, 2020
Sold by
Serio James W
Bought by
Boudreau-Miller Gregory and Hall-Miller Paige J
Seller's Agent
Tam Marion Warren
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
List Price
$399,000
Sold Price
$384,000
Premium/Discount to List
-$15,000
-3.76%
Current Estimated Value
$525,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,629
Avg. Annual Appreciation
6.49%
Original Mortgage
$288,000
Outstanding Balance
$256,996
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$268,633

Purchase Details

Closed on
Nov 2, 2015
Sold by
Petrillose Christopher
Bought by
Serio James

Purchase Details

Closed on
Sep 24, 2015
Sold by
Folley Martha
Bought by
Petrillose Christopher
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Boudreau-Miller Gregory $384,000 None Available
Serio James $42,400 Virginia A. Tesi
Petrillose Christopher $34,000 Virginia A Tesi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boudreau-Miller Gregory $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $384,000 -3.8% $137 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $399,000 -- $142 / Sq Ft
Source: Ithaca 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 $10,936 $445,000 $30,200 $414,800
2023 $11,035 $412,000 $30,200 $381,800
2022 $10,568 $385,000 $30,200 $354,800
2021 $9,895 $345,000 $30,200 $314,800
2020 $7,975 $280,000 $30,200 $249,800
2019 $3,850 $280,000 $30,200 $249,800
2018 $8,142 $280,000 $30,200 $249,800
2017 $3,850 $280,000 $40,000 $240,000
2016 $5,974 $200,000 $40,000 $160,000
2015 -- $26,200 $26,200 $0
2014 -- $26,200 $26,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Tam Marion Warren

    Seller's Agent in 2020

    Tam Marion Warren

    Warren Real Estate of Ithaca Inc.

    (607) 257-0666

    10 Total Sales

    Tam Marion Warren
    Section Image
  • Jill Burlington

    Buyer's Agent in 2020

    Jill Burlington

    Warren Real Estate of Ithaca Inc.

    (607) 592-0474

    299 Total Sales

    Jill Burlington
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB403322

APN: 502200-004-000-0001-034-001-0000

New York Tompkins County Ithaca 14850

425 Troy Rd, Ithaca, NY

Not Listed for Sale

MultiFamily

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