NOT LISTED FOR SALE

431 E Seneca St Ithaca, NY 14850

Downtown Ithaca Neighborhood
2 Beds
1 Bath
2,337 Sq Ft
5,227 Sq Ft Lot

Last Sold September 25, 2020

Last sale price $343,740 $147 Per Sq Ft

96 Days on Market

About This Home

As of September 2020

Circa 1876 4 unit located in East Hill Historic District. 1 block to Commons and near Cornell. Currently occupied as a residence with four rental units. Could be used as a single-family residence incorporating apartment 2 and 3. Use apartment 4 as income producing. Current CofC allows for 9 unrelated. Apt 1 is 3 unrelated. Main level. Vacant. Gleaming Hardwood flooring, large rooms, soaring ceilings. builtins. Apt 2 is 2 unrelated. Upper level. Occupied. Lease ends 7/31/2020. Apt 3 is 2 unrelated. Upper level. Occupied. Lease ends 7/31/2020. Apt 4 is 2 unrelated. Convenient side entrance. Freshly painted. Updates: PEX plumbing replacement in several areas. Asbestos professional removed. New boiler. Total rent takes into consideration that Apt 1 & 4 are vacant. Past rent/month both are $1545 + $920. Due to Covid19 the City of Ithaca has extended the dates for transfer to Certificate based on lease dates. Tenants pay electric and cooking gas. See virtual tour: https://youtu.be/-on2BRmnz

Last Agent to Sell the Property

Jolene Rightmyer-Macolini

Berkshire Hathaway HomeServices Heritage Realty Brokerage Email: Jolene@SellsYourProperty.com License #30RI0970594 Listed on: 05/22/2020

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Kristopher Buchan

Tompkins Cortland Real Estate License #10371200368

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,308

Year Built

  • Built in 1876

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 2,337 Sq Ft Home
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan

Finished Basement

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

Parking

  • 2 Car Garage
  • Parking Available
  • Common or Shared Parking
  • On-Street Parking
  • Off-Site Parking

Schools

  • Belle Sherman Elementary School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • 4 Units
  • East Hill Historic Distri Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 500700 69.-2-11

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,308

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 66X
  • Subdivision Name: East Hill Historic Distri
  • Directions: Corner of E. Seneca and Schuyler Place. 1 block to Ithaca Commons.
  • Year Built: 1876
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: Jolene@SellsYourProperty.com
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Exhaust Fan, Gas Oven, Gas Range, Refrigerator, Range Hood
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Living Area: 2337.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Block
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Common, Concrete, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 5227.0
  • Parcel #: 500700 69.-2-11
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Other, See Remarks

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 10308.0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $343,740 -6.8% $147 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $369,000 -- $158 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jolene Rightmyer-Macolini

    Seller's Agent in 2020

    Jolene Rightmyer-Macolini

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 339-1559

    103 Total Sales

    Jolene Rightmyer-Macolini
    Section Image
  • Kristopher Buchan

    Buyer's Agent in 2020

    Kristopher Buchan

    Tompkins Cortland Real Estate

    (607) 745-8553

    183 Total Sales

    Kristopher Buchan
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB402037

New York Tompkins County Ithaca 14850 Downtown Ithaca

431 E Seneca St, Ithaca, NY

Not Listed for Sale

MultiFamily

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