NOT LISTED FOR SALE

505 E State St Ithaca, NY 14850

-- Bed
-- Bath
2,000 Sq Ft
2,100 Sq Ft Lot

Last Sold September 14, 2020

Last sale price $205,000 $102 Per Sq Ft

68 Days on Market

Highlights

  • Storage
  • Forced Air Heating System
  • Coin Laundry
  • DeWitt Middle School Rated A-

About This Home

As of September 2020

Viable income property - non owner occupied - 4 bedrooms leased separately at $450/month/BR - very low vacancy ratio past 9 years. (contact listing agent.) Two full bathrooms shared - one central kitchen shared - central living room shared - finished attic space for some storage - coinop laundry in basement. On street parking. Quick downhill walk to Ithaca Commons and all downtown amenities - bus service to campuses. Shown by minimum 24 hours advanced appointments M - F. Floor plan diagrams and Occupancy Certificate in documents.

Last Agent to Sell the Property

Jack Balcome

Concept Real Estate Brokerage Email: jlbalcome@gmail.com License #37BA0772388 Listed on: 06/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,880

Year Built

  • Built in 1975

Lot Details

  • 2,100 Sq Ft Lot
  • Lot Dimensions are 28x76

Parking

  • No Driveway

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • Storage
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Schools

  • Belle Sherman Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electricity, heat, water
  • Assessor Parcel Number 500700 69.-6-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,880

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.0482
  • Lot Size: 28X76
  • Directions: First house on right going up State St from Green St (E)
  • Year Built: 1975
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: jlbalcome@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Interior Amenities: Storage
  • Living Area: 2000.0

Exterior Features

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

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Laundry Features: Common Area, Coin-operated
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Sewer Available, Water Connected
  • Water Source: Connected, Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 2100.0
  • Parcel #: 500700 69.-6-7
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Heat, Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6880.0

Range of Values:

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Value Increase
--
Percent Increase
--
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
09/14/2020 09/14/20 Sold $205,000 -4.7% $103 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $215,000 -- $108 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jack Balcome

    Concept Real Estate

    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB402170

New York Tompkins County Ithaca 14850

505 E State St, Ithaca, NY

Not Listed for Sale

MultiFamily

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