
523 S Albany St Ithaca, NY 14850
Estimated payment $2,654/month
Highlights
- Wood Flooring
- Thermal Windows
- Screened Patio
- Boynton Middle School Rated A-
- Porch
- 3-minute walk to Titus Triangle
About This Home
Massive 85k Price Reduction!!! Downtown Ithaca living, neighborhood style, in a property with a 2 BR extra income unit, at a reasonable price! 15 Min walk to the Commons or Wegmans, AND, close real shopping? Mix, Chipotle, Panera? Auto repair shops a hop and a skip away? 523 S Albany has ALL this! 2400 sq ft of living space, divided into 2 units, the upper unit featuring a massive 2nd Level full screened porch, large kitchen, front office with crows nest lookout porch, plus access to an incredible full walk up attic-could be an artist studio, secret getaway speakeasy lounge or a clubhouse for a secret society-FUN space potential! Main level features another front porch to confer with your neighbors from, enjoy your favorite beverage etc. 2 bedrooms with common area, huge eat in kitchen. If that isn’t enough, this property features an enclosed garage and shop with right of way accessibility from Wood St! INVEST at 523 S. Albany St!
Listing Agent
Howard Hanna S Tier Inc Brokerage Phone: 607-279-2654 License #10401205808 Listed on: 06/12/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,291
Year Built
- Built in 1890
Lot Details
- 4,158 Sq Ft Lot
- Lot Dimensions are 42x99
- Rectangular Lot
Parking
- 1 Car Garage
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,408 Sq Ft Home
- 2-Story Property
- Thermal Windows
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Screened Patio
- Porch
Schools
- Fall Creek Elementary School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Programmable Thermostat
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 500700-105-000-0002-009-000-0000
Community Details
Overview
- 2 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,729 | $358,000 | $34,900 | $323,100 |
2023 | $7,871 | $358,000 | $34,900 | $323,100 |
2022 | $10,551 | $325,000 | $34,900 | $290,100 |
2021 | $9,625 | $270,000 | $34,900 | $235,100 |
2020 | $6,178 | $270,000 | $34,900 | $235,100 |
2019 | $7,275 | $250,000 | $34,900 | $215,100 |
2018 | $5,970 | $250,000 | $34,900 | $215,100 |
2017 | $5,647 | $230,000 | $22,400 | $207,600 |
2016 | $5,699 | $230,000 | $22,400 | $207,600 |
2015 | -- | $230,000 | $22,400 | $207,600 |
2014 | -- | $215,000 | $22,400 | $192,600 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/18/2025 06/18/25 | Pending | -- | -- | -- |
06/13/2025 06/13/25 | Price Changed | $310,000 | 0.0% | $129 / Sq Ft |
06/13/2025 06/13/25 | For Sale | $310,000 | -21.5% | $129 / Sq Ft |
04/24/2025 04/24/25 | Off Market | $395,000 | -- | -- |
04/10/2025 04/10/25 | For Sale | $395,000 | +77.1% | $164 / Sq Ft |
04/17/2014 04/17/14 | Sold | $223,000 | -0.9% | $93 / Sq Ft |
03/18/2014 03/18/14 | Pending | -- | -- | -- |
03/03/2014 03/03/14 | For Sale | $225,000 | -- | $93 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Available | |
Deed | $223,000 | James Salk | |
Deed | $218,000 | Edward A Mazza | |
Deed | $120,000 | Randall Marcus |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $212,473 | FHA | |
Previous Owner | $5,691 | Unknown | |
Previous Owner | $12,000 | Unknown |
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Source: Ithaca Board of REALTORS®
MLS Number: R1614794
APN: 500700-105-000-0002-009-000-0000
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