NOT LISTED FOR SALE

508 W Seneca St Ithaca, NY 14850

Washington Park Neighborhood

Estimated Value: $406,000 - $439,000

3 Beds
2 Baths
2,040 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $320,000 $157 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,152/month

Highlights

  • 0.2 Acre Lot
  • Wood Flooring
  • Eat-In Kitchen
  • DeWitt Middle School Rated A-
  • Main Floor Primary Bedroom
  • 2-minute walk to Washington Park

About This Home

As of February 2022

This 2 family investment property/home is situated on an XL lot with 2 car garage. Central location close to restaurants, theater, shopping, and festivals. Backyard has ample space for entertaining, and side yard is filled with flowers and grape vines. Updates include: roof 2009, furnace 2008, electric and plumbing 2008, insulation 2008, back deck 2015, upstairs unit renovated and was a profitable Air BNB for a time. This is a solid and worthy home with excellent potential. Zoned R-3b which may allow for 2nd home in back. City may allow 4 story multi unit construction.Walkability and Downtown Convenience is only a small bonus to what this versatile property can offer with some vision.

Last Agent to Sell the Property

Kevin Brady

Howard Hanna S Tier Inc Brokerage Email: kevinbrady@howardhanna.com License #10301215322 Listed on: 02/22/2022

Howard Hanna S Tier Inc

Last Buyer's Agent

Donna Duncan

Howard Hanna S Tier Inc License #30DU0983081

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,954

Year Built

  • Built in 1870

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x133

Parking

  • 2 Car Garage

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dirt Floor

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Beverly J Martin Elementary School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 59.-6-14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,954

Year Built

Built in 1870

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 66X133
  • Directions: Property located off rt 13 in downtown Ithaca on W Seneca St.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1870
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: kevinbrady@howardhanna.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Exhaust Fan, Gas Oven, Gas Range, Refrigerator, Range Hood, Washer
  • Has Basement: Dirt Floor
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Varies, Vinyl
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Main Level Primary
  • Living Area: 2040.0
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Foundation Details: Stone
  • Other Structures: Shed(s), Storage
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Heating: Gas, Hot Water, Steam
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Beverly J Martin Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 59.-6-14
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 15, 2022
Sold by
Marchel Alex and Stavropoulos Georgia
Bought by
Avram Ft
Seller's Agent
Kevin Brady
Howard Hanna S Tier Inc
Buyer's Agent
Donna Duncan
Howard Hanna S Tier Inc
List Price
$340,000
Sold Price
$320,000
Premium/Discount to List
-$20,000
-5.88%
Current Estimated Value
$423,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,612
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Jul 6, 2007
Sold by
Exx Seldin Amy
Bought by
Westlake Winfield E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,285
Interest Rate
6.39%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Avram Ft $320,000 None Available
Westlake Winfield E $140,000 Craig R Fritzsch
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Westlake Winfield E $151,285
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2022 02/22/22 Sold $320,000 -5.9% $157 / Sq Ft
02/22/2022 02/22/22 For Sale $340,000 +38.8% $167 / Sq Ft
07/30/2019 07/30/19 Sold $245,000 -2.0% $120 / Sq Ft View Prior Sale
06/30/2019 06/30/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $250,000 -- $123 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $10,954 $350,000 $50,000 $300,000
2023 $7,052 $320,000 $50,000 $270,000
2022 $9,259 $275,000 $50,000 $225,000
2021 $8,754 $245,000 $50,000 $195,000
2020 $5,448 $245,000 $50,000 $195,000
2019 $6,086 $200,000 $50,000 $150,000
2018 $4,799 $200,000 $50,000 $150,000
2017 $4,925 $200,000 $32,000 $168,000
2016 $4,970 $200,000 $32,000 $168,000
2015 -- $180,000 $32,000 $148,000
2014 -- $180,000 $32,000 $148,000
Source: Public Records

Agents Affiliated with this Home

  • Kevin Brady

    Seller's Agent in 2022

    Kevin Brady

    Howard Hanna S Tier Inc

    (607) 220-8187

    2 in this area

    26 Total Sales

    Kevin Brady
    Section Image

  • D

    Buyer's Agent in 2022

    Donna Duncan

    Howard Hanna S Tier Inc

    (607) 279-8354

    1 in this area

    13 Total Sales

    Donna Duncan
    Section Image
  • Claudia Lagalla

    Seller's Agent in 2019

    Claudia Lagalla

    Howard Hanna S Tier Inc

    (607) 342-3749

    1 in this area

    136 Total Sales

    Claudia Lagalla
    Section Image

  • L

    Buyer's Agent in 2019

    Lisa Strassheim

    Homes of Ithaca

    (607) 220-9577

    13 Total Sales

    Lisa Strassheim
    Section Image
See All Agents

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406035

APN: 500700-059-000-0006-014-000-0000

New York Tompkins County Ithaca 14850 Washington Park

508 W Seneca St, Ithaca, NY

This home is located at 508 W Seneca St, Ithaca, NY 14850 since 22 February 2022 and is currently estimated at $423,612, approximately $207 per square foot. This property was built in 1870. 508 W Seneca St is a home located in Tompkins County with nearby schools including Beverly J. Martin Elementary School, DeWitt Middle School, and Ithaca Senior High School.

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