Melissa Shames
Howard Hanna
(607) 275-5407
134 Total Sales
11 in South Hill
$130K - $835K Price Range
509 S Aurora St Ithaca, NY 14850
South Hill NeighborhoodEstimated Value: $511,000 - $581,000
7
Beds
3
Baths
2,752
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Lake Front
- Furnished
- Walk-Up Access
- South Hill School Rated A-
- Ceiling Fan
- Heating System Uses Gas
About This Home
As of April 2023A special opportunity to own a 3 unit property on Ithaca's South Hill. Located just a short walk from downtown Ithaca and 5 minute drive to Ithaca College and Cornell make it accommodable to anyone's needs. Apartment 1 is a 2 bedroom with a new kitchen and bath. The bedrooms are spacious with ceiling fans and hardwood floors. Apartment 2 is a 3 bedroom with new kitchen and beautiful natural light throughout. Apartment 3 is a 2 bedroom with hardwood floors and a breathtaking lake view! Each unit has its own furnace, hot water heater and washer/dryer. The house has a new water line from the road, new siding, new roof and new paved driveway. This property has been very well maintained, has always had a 100% occupancy and will be bringing in over $61k in 2022 with 2 apartments rented through July 2023! Tenants pay all utilities and plenty of off-street parking make this a must see for any investor. Please reference mls # 406115 is same owner and willing to sell as package.
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: schrecky@warrenhomes.com License #10401361299 Listed on: 03/18/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,864
Year Built
- Built in 1890
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50x100
- Lake Front
Parking
- Common or Shared Parking
Home Design
- Block Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- 2,752 Sq Ft Home
- Furnished
- Ceiling Fan
Kitchen
- Gas Oven
- Gas Range
- Range Hood
- Recirculated Exhaust Fan
- Dishwasher
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Exterior Basement Entry
Schools
- South Hill Elementary School
Utilities
- Heating System Uses Gas
- Separate Meters
Community Details
- 3 Units
- Gross Income $61,800
Listing and Financial Details
- Tenant pays for electricity, heat, water
- Assessor Parcel Number 92.-6-11
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
Mar 18, 2022
Closed on
Apr 10, 2023
Sold by
Schreck Andrew H
Bought by
Seller's Agent
Andrew Schreck
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Linda Santos
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,105
Avg. Annual Appreciation
2.57%
Original Mortgage
$404,000
Outstanding Balance
$389,043
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$162,062
Purchase Details
Closed on
Dec 28, 2018
Sold by
Brolo Properties Llc
Bought by
Schreck Andrew H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 19, 2018
Sold by
Schreck Robert R
Bought by
Brolo Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 24, 2010
Sold by
Bayo Richard
Bought by
Schreck Robert R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.48%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 17, 2006
Sold by
Bayo Richard & As Ind & P
Bought by
Bayo Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.28%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 10, 2005
Sold by
Fenton Vern E
Bought by
Bayo Richard
Purchase Details
Closed on
Jan 21, 1997
Purchase Details
Closed on
Aug 24, 1995
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Hill, NY
-
Melissa Shames
-
Kristin Ahlness
Kristin Ahlness
Howard Hanna
(607) 388-1728
65 Total Sales
1 in South Hill
$315,000 Price
-
KiRa Fritzky-Randolph
KiRa Fritzky-Randolph
Howard Hanna
(607) 605-6797
53 Total Sales
5 in South Hill
$311K - $497K Price Range
-
Heather Gowe
Heather Gowe
Warren Real Estate
(607) 252-9035
78 Total Sales
6 in South Hill
$230K - $1M Price Range
-
Kathleen Seaman
Kathleen Seaman
Warren Real Estate of Ithaca
(607) 603-7882
198 Total Sales
8 in South Hill
$239K - $605K Price Range
-
Kenneth Leath
Kenneth Leath
Keller Williams Realty Southern Tier & Finger Lakes
(607) 654-5666
183 Total Sales
2 in South Hill
$339,000 Price Range
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 |
|---|---|---|---|
| $505,000 | None Available | ||
| Schreck Andrew H | $400,000 | -- | |
| Brolo Properties Llc | -- | -- | |
| Schreck Robert R | $250,000 | Ed Mazza | |
| Bayo Richard | -- | Katrina Thaler Medeiros | |
| Bayo Richard | $240,000 | Katrina Medeiros | |
| -- | -- | -- | |
| -- | -- | -- |
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 |
|---|---|---|---|
| Open | $404,000 | ||
| Previous Owner | Schreck Andrew H | $320,000 | |
| Previous Owner | Brolo Properties Llc | $320,000 | |
| Closed | Schreck Robert R | $187,500 | |
| Closed | Bayo Richard | $175,000 |
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 |
|---|---|---|---|---|
| 04/10/2023 04/10/23 | Sold | $505,000 | -3.8% | $184 / Sq Ft |
| 03/11/2023 03/11/23 | Pending | -- | -- | -- |
| 03/18/2022 03/18/22 | For Sale | $525,000 | -- | $191 / 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 | $17,417 | $505,000 | $45,000 | $460,000 |
| 2024 | $10,140 | $505,000 | $45,000 | $460,000 |
| 2023 | $10,708 | $486,000 | $45,000 | $441,000 |
| 2022 | $15,571 | $450,000 | $45,000 | $405,000 |
| 2021 | $15,066 | $420,000 | $45,000 | $375,000 |
| 2020 | $9,358 | $420,000 | $45,000 | $375,000 |
| 2019 | $9,567 | $350,000 | $45,000 | $305,000 |
| 2018 | $8,369 | $350,000 | $45,000 | $305,000 |
| 2017 | $7,748 | $315,000 | $27,000 | $288,000 |
| 2016 | $7,819 | $315,000 | $27,000 | $288,000 |
| 2015 | -- | $275,000 | $27,000 | $248,000 |
| 2014 | -- | $275,000 | $27,000 | $248,000 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Schreck
AS
Seller's Agent in 2023
Andrew Schreck
Warren Real Estate of Ithaca Inc. (Downtown)
(585) 802-7827
5 in this area
51 Total Sales
-
Linda Santos
LS
Buyer's Agent in 2023
Linda Santos
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 227-6062
6 in this area
81 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: IB406141
APN: 500700-092-000-0006-011-000-0000
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