NOT LISTED FOR SALE

Estimated Value: $571,000 - $788,117

8 Beds
4 Baths
3,320 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $405,000 $122 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,146/month

78,008 Days on Market

Highlights

  • Storage
  • Forced Air Heating System
  • 3-minute walk to Thompson Park
  • Boynton Middle School Rated A-
  • Hot Water Heating System

About This Home

As of August 2013

Extraordinary FALL CREEK Income Property. Put this on your MUST-HAVE List: Outstanding opportunity. This 3 unit was once the old Lakeview Dairy. Beautifully renovated & maintained. Plenty of parking & storage. NYC Loft style 3 BR, 2 bath apt. 1700 sq. ft, with 12 ft ceilings, huge windows, hardwood floors, modern kitchen, fireplace & balcony. Architect designed petite 2 BR, 1 bath apt. Spacious living room with vaulted ceiling, loft, & hardwood floors. 3 BR, 1 bath apt with a spacious open kitchen featuring concrete counters, cork floor, lots of light. SEE VIRTUAL TOUR!

Last Agent to Sell the Property

Laurel Guy

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: guy.laurel@gmail.com License #10371201385 Listed on: 01/01/1800

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 44x125

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • Storage
  • Partial Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Fall Creek Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • 3 Units
  • Fall Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 500700 67.-5-16

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size: 44X125
  • Water Body Name: None
  • Subdivision Name: FALL CREEK
  • Year Built: 1890
  • Attribution Contact: guy.laurel@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Partial
  • Basement YN: Yes
  • Interior Amenities: Storage

Exterior Features

  • Foundation Details: Stone
  • Roof: Asphalt

Utilities

  • Heating: Gas, Forced Air, Hot Water, Radiant
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 500700 67.-5-16
  • ResoLotSizeUnits: Acres

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 1800
Closed on
Aug 30, 2013
Sold by
Young Kenneth W
Bought by
Mazza Michael E
Seller's Agent
Laurel Guy
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%
Current Estimated Value
$632,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,779
Avg. Annual Appreciation
3.66%
Original Mortgage
$324,000
Outstanding Balance
$164,213
Interest Rate
4.4%
Mortgage Type
Unknown
Estimated Equity
$468,566
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mazza Michael E $405,000 Mazza Edward
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazza Michael E $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $405,000 +1.5% $122 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
01/01/1800 01/01/00 For Sale $399,000 -- $120 / 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 $10,434 $520,000 $48,500 $471,500
2023 $10,902 $495,000 $48,500 $446,500
2022 $0 $450,000 $48,500 $401,500
2021 $9,892 $420,000 $48,500 $371,500
2020 $9,674 $420,000 $48,500 $371,500
2019 $12,724 $400,000 $48,500 $351,500
2018 $9,540 $400,000 $48,500 $351,500
2017 $9,795 $400,000 $31,300 $368,700
2016 $9,884 $400,000 $31,300 $368,700
2015 -- $400,000 $31,300 $368,700
2014 -- $400,000 $31,300 $368,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB138584

APN: 500700-033-000-0005-017-000-0000