
438 Floral Ave Ithaca, NY 14850
West Hill NeighborhoodEstimated payment $5,051/month
Highlights
- 18.5 Acre Lot
- Property is near public transit
- Wood Flooring
- Cayuga Heights Elementary School Rated A-
- Wooded Lot
- Private Yard
About This Home
Rare 18.5-Acre Opportunity in the City of Ithaca located near the Cayuga Waterfront Trail and Downtown, this expansive property offers privacy and stunning views of the Ithaca College Towers. The land consists of six tax parcels, featuring a mix of wooded areas, wide open spaces, and scenic creeks. The woods surrounding the structures provide privacy, while the large open areas are perfect for outdoor activities.
The property includes 442 Floral Ave, a quaint 3-bedroom, 2-bath home, with a newly updated 1-bedroom apartment featuring a new kitchen and bathroom. The property is on all municipal services, with 50 feet of road frontage on Floral Ave and a 6-foot right-of-way along the south side of 440 Floral Ave. 438 Floral Ave contains two dwelling units—a spacious 2-bedroom apartment and a studio apartment with municipal water, natural gas, and septic, plus a storage shed. New kitchens are being installed in 438A & 438B Floral Ave, the interior will be freshly painted, and new luxury vinyl plank flooring will be installed. 438 Floral Ave also features a 50-foot deeded right-of-way along the northwest side of Towerview Apartments, currently servicing both 438 & 442 Floral Ave. Additionally, there are two unopened portions of road frontage each 60 feet wide, offering future access potential. This unique offering presents incredible potential for development, investment, or a private retreat, and buyers are encouraged to explore parcel consolidation and potential future access to city streets.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,104
Year Built
- Built in 1935
Lot Details
- 18.5 Acre Lot
- Lot Dimensions are 50x1062
- Irregular Lot
- Wooded Lot
- Private Yard
Home Design
- Quadruplex
- Fixer Upper
- Block Foundation
- Stone Foundation
- Metal Roof
- Wood Siding
- Shake Siding
- Copper Plumbing
Interior Spaces
- 3,335 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Frame Window
- Storage
- Storm Windows
- Property Views
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Crawl Space
Parking
- Parking Available
- Paved Parking
Location
- Property is near public transit
Schools
- Cayuga Heights Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Hot Water Heating System
- PEX Plumbing
- Gas Water Heater
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 98.-1-(1&4&5) &, 99.-1-(5&2&1)
Community Details
Overview
- Association fees include common area maintenance, electricity, gardener, heat, hot water, snow removal, water
- 4 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,181 | $120,000 | $26,300 | $93,700 |
2023 | $1,631 | $72,000 | $26,300 | $45,700 |
2022 | $2,139 | $65,000 | $26,300 | $38,700 |
2021 | $1,887 | $50,000 | $26,300 | $23,700 |
2020 | $1,205 | $50,000 | $26,300 | $23,700 |
2019 | $1,050 | $50,000 | $26,300 | $23,700 |
2018 | $1,229 | $50,000 | $26,300 | $23,700 |
2017 | $5,833 | $30,000 | $13,000 | $17,000 |
2016 | $784 | $30,000 | $13,000 | $17,000 |
2015 | -- | $30,000 | $13,000 | $17,000 |
2014 | -- | $30,000 | $13,000 | $17,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/24/2024 07/24/24 | Price Changed | $595,000 | 0.0% | $178 / Sq Ft |
07/24/2024 07/24/24 | Price Changed | $595,000 | -7.8% | $178 / Sq Ft |
05/15/2024 05/15/24 | For Sale | $645,000 | 0.0% | $193 / Sq Ft |
05/13/2024 05/13/24 | For Sale | $645,000 | -- | $193 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Executors Deed | -- | None Available | |
Deed | $18,000 | -- |
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Source: Ithaca Board of REALTORS®
MLS Number: R1536305
APN: 500700-099-000-0001-003-000-0000
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