NOT LISTED FOR SALE

580 W King Rd Ithaca, NY 14850

Ithaca Area

Estimated Value: $386,790 - $391,000

6 Beds
4 Baths
1,976 Sq Ft
$197/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2012

Last sale price $150,000 $76 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,766 / mo

77749 Days on Market

Highlights

  • Waterfront
  • South Hill School Rated A-
  • Baseboard Heating

About This Home

As of December 2012

Property is in Good Condition. Surrounded by woods--2 miles to Upper Buttermilk Park. Minutes to downtown Ithaca. Rates are good and the time is right for your opportunity to get into the investment property market in Ithaca!

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,780

Year Built

  • Built in 1987

Lot Details

  • 41,382 Sq Ft Lot
  • Waterfront

Home Design

  • Asphalt Roof

Kitchen

  • Electric Oven
  • Electric Range

Laundry

  • Dryer
  • Washer

Schools

  • South Hill Elementary School

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank

Additional Features

  • Finished Basement

Community Details

  • 3 Units
  • Danby Subdivision

Listing and Financial Details

  • Assessor Parcel Number 502200 1.-1-12.3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,780

Year Built

Built in 1987

Lot Details

0.95 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Water Body Name: Cayuga
  • Subdivision Name: Danby
  • Directions: Route 96B to West King... Beige/Tan
  • Year Built: 1987
  • Attribution Contact: ronda@TompkinsCortlandRealEstate.com
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Has Basement: Finished
  • Basement YN: Yes

Exterior Features

  • Waterfront: Yes
  • Roof: Asphalt

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: South Hill
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 41382.0
  • Parcel #: 502200 1.-1-12.3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4780.0

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
Jan 1, 1800
Closed on
Dec 14, 2012
Sold by
Bought by
List Price
$164,000
Sold Price
$150,000
Premium/Discount to List
-$14,000
-8.54%
Current Estimated Value
$389,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,198
Avg. Annual Appreciation
7.24%
Original Mortgage
$112,500
Outstanding Balance
$5,018
Interest Rate
3.44%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$384,180
Source: Public Records

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
$150,000 Coughlin & Gherhat, Llp Alba
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 $112,500
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
12/14/2012 12/14/12 Sold $150,000 -8.5% $76 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
01/01/1800 01/01/00 For Sale $164,000 -- $83 / 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 $7,526 $300,000 $27,200 $272,800
2024 $7,426 $300,000 $27,200 $272,800
2023 $7,234 $268,000 $27,200 $240,800
2022 $6,527 $250,000 $27,200 $222,800
2021 $5,517 $190,000 $27,200 $162,800
2020 $5,450 $190,000 $27,200 $162,800
2019 $4,416 $190,000 $27,200 $162,800
2018 $4,416 $150,000 $27,200 $122,800
2017 $4,523 $150,000 $23,300 $126,700
2016 $4,591 $150,000 $23,300 $126,700
2015 -- $150,000 $23,300 $126,700
2014 -- $150,000 $19,700 $130,300
Source: Public Records

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB135759

APN: 502200-001-000-0001-012-003-0000

New York Tompkins County Ithaca 14850

580 W King Rd, Ithaca, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.