KL
Seller's Agent in 2024
Kayla Lane
Dryden Realty
(607) 844-5130
25 Total Sales
584 W King Rd Ithaca, NY 14850
Ithaca AreaEstimated Value: $280,000 - $364,000
5
Beds
2
Baths
2,080
Sq Ft
$150/Sq Ft
Est. Value
Highlights
- Patio
- No Interior Steps
- High Speed Internet
- South Hill School Rated A-
- Forced Air Heating System
- Carpet
About This Home
As of July 2024A ranch-style home with 2 units, offering tranquility and affordability. The spacious 3+ bedroom, 1 full bath unit in the front is ideal for living, while the private 1 bedroom, 1 full bath unit at the back can be rented out to support the cost of home ownership. The home is all on one level, with separate entrances for each unit. Parking is shared between the units, and the driveway is shared with the neighboring property, 586. This property presents a solid investment opportunity in the thriving housing market, boasting over 15 years of consistent rental history. Located in the South Hill School District and close to Buttermilk Falls State Park, it's a prime location to consider.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,941
Year Built
- Built in 1994
Lot Details
- 5.09 Acre Lot
- Lot Dimensions are 657x765
- Irregular Lot
Parking
- 2 Car Garage
Home Design
- Duplex
- Slab Foundation
- Poured Concrete
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,080 Sq Ft Home
- 1-Story Property
- Washer Hookup
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- No Interior Steps
- Accessible Entrance
Outdoor Features
- Patio
Schools
- South Hill Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Heating System Powered By Leased Propane
- Well
- Propane Water Heater
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for grounds care, snow removal
- Tax Lot 12
- Assessor Parcel Number 1.-1-12.62
Community Details
Overview
- Association fees include common area maintenance, gardener, snow removal
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Operating Expense $16,557
- Gross Income $24,625
- Net Operating Income $127
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
Closed on
Dec 15, 2022
Sold by
Bloom Donna L
Bought by
Current Estimated Value
Purchase Details
Closed on
Jan 22, 2008
Sold by
Lane James W
Bought by
Bloom Donna L
Purchase Details
Closed on
Jun 14, 2007
Sold by
Bank Jp Morgan Chase and Bank As
Bought by
Lane James W
Purchase Details
Closed on
Jul 18, 2006
Sold by
Ponchalek Anthony & By Ref
Bought by
Jpmorgan Chase Bank As Trustee
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 |
|---|---|---|---|
| -- | None Available | ||
| Bloom Donna L | $175,000 | L Richard Stumbar | |
| Lane James W | $99,500 | Ralph Nash | |
| Jpmorgan Chase Bank As Trustee | $132,142 | Steven Baum |
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 |
|---|---|---|---|---|
| 07/15/2024 07/15/24 | Sold | $280,000 | -6.4% | $135 / Sq Ft |
| 04/12/2024 04/12/24 | For Sale | $299,000 | -- | $144 / 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 | $36,200 | $263,800 |
| 2024 | $7,426 | $300,000 | $36,200 | $263,800 |
| 2023 | $6,363 | $235,000 | $36,200 | $198,800 |
| 2022 | $5,908 | $220,000 | $36,200 | $183,800 |
| 2021 | $5,234 | $180,000 | $36,200 | $143,800 |
| 2020 | $5,170 | $180,000 | $36,200 | $143,800 |
| 2019 | $5,461 | $180,000 | $36,200 | $143,800 |
| 2018 | $5,276 | $180,000 | $36,200 | $143,800 |
| 2017 | $5,406 | $180,000 | $32,200 | $147,800 |
| 2016 | $5,487 | $180,000 | $32,200 | $147,800 |
| 2015 | -- | $180,000 | $32,200 | $147,800 |
| 2014 | -- | $165,000 | $26,100 | $138,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kayla Lane
-
James Lane
JL
Seller Co-Listing Agent in 2024
James Lane
Dryden Realty
(607) 327-0287
8 Total Sales
-
Jenna Kain
JK
Buyer's Agent in 2024
Jenna Kain
Berkshire Hathaway HomeServices Heritage Realty
(315) 297-5108
17 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1530827
APN: 502200-001-000-0001-012-062-0000
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