$405,000
SOLD APR 17, 2025
6 Beds
2 Baths
2,457 Sq Ft
5,175 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

3% Below List Price

25 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Furnished
  • South Hill School Rated A-
  • Attic
  • Woodwork

About This Home

As of April 2025

This stately residence captures the rich history of Ithaca, featuring timeless wooden trim, hardwood floors, and high ceilings, complemented by stunning views of Cayuga Lake from the front porch. Located at 517 S Aurora on Ithaca's desirable South Hill, this property offers convenient access to both Ithaca College and the vibrant downtown Ithaca Commons. With a proven rental history, this home presents an excellent opportunity for those interested in entering the rental market, while also serving as an impressive and spacious single-family residence.

Last Agent to Sell the Property

KiRa Fritzky-Randolph

Howard Hanna S Tier Inc Brokerage Phone: 607-218-7902 License #10401291120 Listed on: 11/14/2024

Howard Hanna S Tier Inc

Last Buyer's Agent

Colleen Cowan

Warren Real Estate of Ithaca Inc. License #10301220975

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,715

Year Built

  • Built in 1870

Lot Details

  • 5,175 Sq Ft Lot
  • Lot Dimensions are 50x103
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,457 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Woodwork
  • Basement Fills Entire Space Under The House
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • South Hill Elementary School
  • Boynton Middle School
  • Ithaca Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for snow removal
  • Tax Lot 9
  • Assessor Parcel Number 500700-092-000-0006-009-000-0000

Community Details

Overview

  • Association fees include snow removal
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Operating Expense $14,486
  • Gross Income $52,232
  • Net Operating Income $26,031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,715

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1188
  • Lot Size: 50X103
  • Directions: From Ithaca, South on 96B to Hillview, parking on Hillview. Large red home on corner.
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1870
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 607-218-7902
  • Special Features: None
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Furnished: Furnished
  • Appliances: Gas Water Heater
  • Owner Pays: Snow Removal
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Interior Amenities: Attic, Natural Woodwork
  • Living Area: 2457.0
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Rectangular
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Electric, Gas, Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Snow Removal

Schools

  • Elementary School: South Hill
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 5175.0
  • Parcel #: 500700-092-000-0006-009-000-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 52232.0
  • Property Net Operating Income: 26031.0
  • Annual Operating Expense: 14486.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 11715.0
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2005
Sold by
Gergely Kinga M
Bought by
Cope Edward A
Current Estimated Value
$424,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2005
Sold by
Gergely Kinga M
Bought by
Cope Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Type Sale Price Title Company
Deed -- James A Salk
Deed $165,000 James A Salk
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $405,000 0.0% $165 / Sq Ft
04/17/2025 04/17/25 Sold $405,000 -2.9% $165 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
12/09/2024 12/09/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $417,000 0.0% $170 / Sq Ft
11/14/2024 11/14/24 For Sale $417,000 -- $170 / 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 $11,712 $365,000 $38,400 $326,600
2023 $7,720 $351,000 $38,400 $312,600
2022 $11,166 $325,000 $38,400 $286,600
2021 $10,745 $300,000 $38,400 $261,600
2020 $6,894 $300,000 $38,400 $261,600
2019 $6,902 $275,000 $38,400 $236,600
2018 $6,613 $275,000 $38,400 $236,600
2017 $5,767 $235,000 $22,800 $212,200
2016 $5,820 $235,000 $22,800 $212,200
2015 -- $195,000 $22,800 $172,200
2014 -- $195,000 $22,800 $172,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1577648

APN: 500700-092-000-0006-009-000-0000