NOT LISTED FOR SALE
2 Beds
1 Bath
2,337 Sq Ft
5,227 Sq Ft Lot Lot

Sale Details

Date 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:

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

Listing and Financial Details

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

Community Details

Overview

  • 4 Units
  • East Hill Historic Distri Subdivision

Building Details

  • Gross Income $25,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,308

Year Built

Built in 1876

Lot Details

5,227 Sq Ft Lot

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
  • 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

Rental Info

  • Tenant Pays: Electricity, Other, See Remarks

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 25500.0

Tax Info

  • Tax Annual Amount: 10308.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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 $15,179 $455,000 $75,000 $380,000
2024 $9,243 $455,000 $75,000 $380,000
2023 $7,428 $330,000 $75,000 $255,000
2022 $11,700 $330,000 $75,000 $255,000
2021 $11,363 $310,000 $75,000 $235,000
2020 $7,151 $310,000 $75,000 $235,000
2019 $7,735 $280,000 $75,000 $205,000
2018 $6,788 $280,000 $75,000 $205,000
2017 $6,359 $255,000 $50,000 $205,000
2016 $5,930 $235,000 $50,000 $185,000
2015 -- $235,000 $50,000 $185,000
2014 -- $235,000 $50,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB402037

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