J
Seller's Agent in 2020
Jack Balcome
Concept Real Estate
505 E State St Ithaca, NY 14850
Ithaca Area
--
Bed
--
Bath
2,000
Sq Ft
2,100
Sq Ft Lot
Highlights
- Storage
- Forced Air Heating System
- Coin Laundry
- DeWitt Middle School Rated A-
About This Home
As of September 2020Viable 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
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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
- Gross Income $21,600
Listing and Financial Details
- Tenant pays for electricity, heat, water
- Assessor Parcel Number 500700 69.-6-7
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2020
Closed on
Sep 12, 2020
Sold by
Bought by
Seller's Agent
Jack Balcome
Concept Real Estate
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Purchase Details
Closed on
Nov 1, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.11%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 29, 1994
Sold by
Bought by
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $205,000 | None Available | ||
| $200,000 | Ed Mazza | ||
| $43,000 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $160,000 | ||
| Closed | $190,000 |
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 |
|---|---|---|---|---|
| 09/14/2020 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
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 | $8,681 | $230,000 | $30,000 | $200,000 |
| 2024 | $4,588 | $230,000 | $30,000 | $200,000 |
| 2023 | $5,034 | $230,000 | $30,000 | $200,000 |
| 2022 | $7,927 | $230,000 | $30,000 | $200,000 |
| 2021 | $7,590 | $210,000 | $30,000 | $180,000 |
| 2020 | $4,744 | $210,000 | $30,000 | $180,000 |
| 2019 | $5,456 | $190,000 | $30,000 | $160,000 |
| 2018 | $4,507 | $190,000 | $30,000 | $160,000 |
| 2017 | $4,268 | $175,000 | $35,000 | $140,000 |
| 2016 | $4,307 | $175,000 | $35,000 | $140,000 |
| 2015 | -- | $160,000 | $35,000 | $125,000 |
| 2014 | -- | $160,000 | $35,000 | $125,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Ithaca Board of REALTORS®
MLS Number: IB402170
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