NOT LISTED FOR SALE

612 E Seneca St Ithaca, NY 14850

East Hill Neighborhood

Estimated Value: $420,195 - $474,000

4 Beds
2 Baths
1,603 Sq Ft
$278/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $273,210 $170 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,969/month

186 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Wood Siding
  • DeWitt Middle School Rated A-
  • Forced Air Heating System

About This Home

As of February 2016

Income producing, money in the bank 5 Unit property in Ithaca, NY. Great student housing to accommodate Ithaca College or Cornell University. Reasonable taxes, low utilities, low maintenance cost.

Last Agent to Sell the Property

Matthew Mullen

Listing by United Country Real Estate Finger Lakes Listed on: 07/23/2015

Last Buyer's Agent

Bryan Warren

Listing by Warren Real Estate License #31WA1115996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,747

Year Built

  • Built in 1860

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 132x33

Parking

  • No Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,603 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 63.11-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,747

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Year Built: 1860
  • Water Body Name: None
  • Subdivision Name: NONE
  • Directions: East on Buffalo Street to right on Stewart Ave then Right onto Seneca Street. House number 612, brown House.
  • Architectural Style: Two Story
  • Flooring: Ceramic Tile, Hardwood, Varies
  • Garage Yn: No
  • Year Built Details: Existing
  • Master Plan Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Gas Water Heater, Refrigerator

Exterior Features

  • Acres: 0.25
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Water Available, Water Connected
  • Water Source: Connected, Not Connected, Public

Schools

  • Junior High Dist: Ithaca

Lot Info

  • Parcel Number: 63.11-9
  • Lot Dimensions: 132X33
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 7747.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2015
Sold by
Doolittle Chad
Bought by
Malamis Nikolaos
Current Estimated Value
$445,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$153,528
Interest Rate
3.9%
Mortgage Type
Unknown
Estimated Equity
$292,021

Purchase Details

Closed on
Dec 21, 2011
Sold by
Lavine Mitchell J
Bought by
Doolittle Chad D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,125
Interest Rate
3.99%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Malamis Nikolaos $273,210 Katrina Thaler Medeiros
Doolittle Chad D $197,500 Charles Guttman
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malamis Nikolaos $195,000
Previous Owner Doolittle Chad D $148,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2016 02/24/16 Sold $273,210 +9.3% $170 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
07/23/2015 07/23/15 For Sale $249,900 -- $156 / Sq Ft
Source: Elmira-Corning Regional Association 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 $7,625 $385,000 $43,400 $341,600
2023 $7,899 $363,000 $43,400 $319,600
2022 $11,100 $330,000 $43,400 $286,600
2021 $10,595 $300,000 $43,400 $256,600
2020 $6,837 $300,000 $43,400 $256,600
2019 $7,532 $285,000 $43,400 $241,600
2018 $6,731 $285,000 $43,400 $241,600
2017 $6,555 $270,000 $40,000 $230,000
2016 $6,616 $270,000 $40,000 $230,000
2015 -- $200,000 $40,000 $160,000
2014 -- $200,000 $40,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Matthew Mullen

    United Country Real Estate Finger Lakes

  • B

    Buyer's Agent in 2016

    Bryan Warren

    Warren Real Estate

    (607) 217-5673

    19 Total Sales

    Bryan Warren
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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC241069

APN: 500700-063-000-0011-009-000-0000

New York Tompkins County Ithaca 14850 East Hill

612 E Seneca St, Ithaca, NY

Not Listed for Sale

MultiFamily

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