NOT LISTED FOR SALE

514 W State St Ithaca, NY 14850

Downtown Ithaca Neighborhood

Estimated Value: $867,585

1 Bed
-- Bath
350 Sq Ft
$2,479/Sq Ft Est. Value

About This Home

Apartments in this three story, brick walk-up building are conveniently located in Ithaca's West End vibrant neighborhood. Units has exposed Brick, hardwood floors in living area, carpeting in bedroom, tiled showers and coin operated washer and dryer available for common use. Street parking only. Located over the Westy Bar, this building is perfect for a quiet night owl type who enjoys living surrounded by activity. Steps from Gimme Coffee, The Westy, Maru Ramen, Franco's Pizza, and Liquid State Brewery. Or just a short walk to the Waterfront recreation trails, Wegmans and the Ithaca Commons. Pets negotiable for additional non refundable pet fees or added monthly pet rent. One pet max per unit. Excellent rental references required. Income verification, credit and background checks done during application process. One month security deposit and first month's rent required for move in. Email preferred for inquiries and to request link to photos.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2010
Sold by
Thorpe Peggy Sue & As Ind & Exr
Bought by
Alpern & Milton Llc
Current Estimated Value
$867,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$33,499
Interest Rate
5.12%
Mortgage Type
Commercial
Estimated Equity
$834,086
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Alpern & Milton Llc $385,000 Katrina Medeiros
Alpern & Milton Llc $385,000 Katrina Medeiros
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alpern & Milton Llc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,325 -- --
12/06/2024 12/06/24 Price Changed $1,325 +39.5% $3 / Sq Ft
10/21/2024 10/21/24 Price Changed $950 0.0% $2 / Sq Ft
10/21/2024 10/21/24 For Rent $950 -29.6% --
03/18/2024 03/18/24 Price Changed $1,350 -12.9% $3 / Sq Ft
03/13/2024 03/13/24 For Rent $1,550 0.0% --
10/11/2023 10/11/23 Price Changed $1,550 -2.5% $3 / Sq Ft
09/28/2023 09/28/23 Price Changed $1,590 -0.6% $3 / Sq Ft
09/18/2023 09/18/23 Price Changed $1,600 +23.6% $3 / Sq Ft
07/18/2023 07/18/23 Price Changed $1,295 -2.3% $3 / Sq Ft
07/13/2023 07/13/23 For Rent $1,325 -- --

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 $11,570 $560,000 $45,000 $515,000
2023 $10,814 $475,000 $45,000 $430,000
2022 $17,361 $475,000 $45,000 $430,000
2021 $17,361 $475,000 $45,000 $430,000
2020 $11,318 $475,000 $45,000 $430,000
2019 $14,525 $475,000 $45,000 $430,000
2018 $11,545 $475,000 $45,000 $430,000
2017 $11,836 $475,000 $45,000 $430,000
2016 $11,943 $475,000 $45,000 $430,000
2015 -- $420,000 $45,000 $375,000
2014 -- $420,000 $45,000 $375,000
Source: Public Records

Map

New York Tompkins County Ithaca 14850 Downtown Ithaca

514 W State St, Ithaca, NY

Not Listed for Sale

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