NOT LISTED FOR SALE

519 S Albany St Ithaca, NY 14850

Estimated Value: $259,000 - $342,000

3 Beds
2 Baths
1,872 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $215,000 $115 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,105/month

38 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Fireplace
  • Boynton Middle School Rated A-
  • Attic
  • 3-minute walk to Titus Triangle

About This Home

As of October 2023

Large duplex with significant value-add potential. High ceilings throughout with vaulted living room in the upstairs apartment. Great Downtown location with natural light throughout, large backyard, and off street parking. Building floorplan lends itself to reverting back to Single Family, or, ideal owner occupancy with cosmetic renovations and sweaty-equity. Washer/dryer for both units, as well as stately front porches. Unique opportunity, priced below assessed value in Ithaca’s competitive housing market.

Last Agent to Sell the Property

David Barken

Howard Hanna S Tier Inc License #10401313416 Listed on: 08/15/2023

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

  • $7,723

Year Built

  • Built in 1890

Lot Details

  • 4,455 Sq Ft Lot
  • Lot Dimensions are 45x99

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Partial Basement
  • Attic Fan

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Parking Available

Outdoor Features

  • Balcony
  • Deck

Schools

  • Fall Creek Elementary School
  • Boynton Middle School
  • Ithaca Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater

Community Details

  • Association fees include electricity, water
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 500700-105-000-0002-001-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,723

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.102
  • Lot Size: 45X99
  • Road Frontage Type: City Street
  • Directions: Detour off S. Albany St. From Route 13 leaving headed South take Wood St. Then make left onto South Albany. Nearest cross st. is Hyers.
  • Architectural Style: Duplex
  • Building Stories: 3
  • Structure Type: Duplex
  • Year Built Details: Existing
  • Year Built: 1890
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Interior Amenities: Attic
  • Living Area: 1872.0
  • Stories: 3

Exterior Features

  • Lot Features: Residential Lot
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Balcony, Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony, Deck
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Gravel, Parking Available, Two or More Spaces

Utilities

  • Cooling: Attic Fan
  • Heating: Gas, Forced Air, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 4455.0
  • Parcel #: 500700-105-000-0002-001-000-0000
  • Zoning Description: Residential 2 Unit
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Property Net Operating Income: -7723.0

Tax Info

  • Tax Annual Amount: 7723.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Oct 1, 2023
Sold by
Valentine Barry and Mcgill Todd
Bought by
Avram Ft and Avram
Seller's Agent
David Barken
Howard Hanna S Tier Inc
Buyer's Agent
Donna Duncan
Howard Hanna S Tier Inc
List Price
$279,900
Sold Price
$215,000
Premium/Discount to List
-$64,900
-23.19%
Current Estimated Value
$316,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,225
Avg. Annual Appreciation
17.27%

Purchase Details

Closed on
Aug 3, 2005
Sold by
Hilker Keith
Bought by
Ppic Rentals

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1996

Purchase Details

Closed on
Jul 24, 1995
Sold by
Phillips Wm J
Bought by
Hilker Keith and Hilker Jennifer L
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Avram Ft $215,000 None Available
Ppic Rentals $130,000 Bruno Mazza
-- -- --
Hilker Keith $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ppic Rentals $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $215,000 -23.2% $115 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $279,900 -- $150 / Sq Ft
Source: Ithaca Board of REALTORS®

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 $5,552 $275,000 $36,600 $238,400
2023 $6,794 $308,000 $36,600 $271,400
2022 $9,433 $280,000 $36,600 $243,400
2021 $8,928 $250,000 $36,600 $213,400
2020 $5,720 $250,000 $36,600 $213,400
2019 $5,954 $230,000 $36,600 $193,400
2018 $5,502 $230,000 $36,600 $193,400
2017 $4,925 $200,000 $23,000 $177,000
2016 $4,970 $200,000 $23,000 $177,000
2015 -- $170,000 $23,000 $147,000
2014 -- $170,000 $23,000 $147,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1491485

APN: 500700-105-000-0002-001-000-0000