NOT LISTED FOR SALE

Estimated Value: $414,328 - $461,000

5 Beds
2 Baths
2,656 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $387,000 $146 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,050/month

172 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Boynton Middle School Rated A-

About This Home

As of May 2024

Great money maker in greatly desired Fall Creek location! Quiet building with an excellent rental history. Nicely appointed with some of the original 1825 wood floors in some of the rooms, as well as some nice updates. Tenants pay their own heat and electric, owner pays hot & cold water costs.
This property could also be a good owner occupied home and have extra income to pay taxes and some other expenses! Don't miss this solid investment property!

Last Agent to Sell the Property

Joe Giordano

Howard Hanna S Tier Inc Brokerage Phone: 607-351-1267 License #30GI1158845 Listed on: 11/16/2023

Last Buyer's Agent

Donna Duncan

Howard Hanna S Tier Inc License #30DU0983081

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,151

Year Built

  • Built in 1825

Lot Details

  • 5,589 Sq Ft Lot
  • Lot Dimensions are 44x127
  • Corner Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Flat Roof Shape
  • Stone Foundation
  • Frame Construction
  • Pitched Roof
  • Tar and Gravel Roof
  • Built-Up Roof
  • Asphalt Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Location

  • Flood Zone Lot

Schools

  • Boynton Middle School
  • Ithaca Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 500700-033-000-0004-001-000-0000

Community Details

Overview

  • Association fees include electricity, heat, hot water, water
  • 3 Units

Building Details

  • Net Operating Income $28,003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,151

Year Built

Built in 1825

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1283
  • Lot Size: 44X127
  • Road Frontage Type: City Street
  • Directions: House is on the corner of N. Aurora and E. Yates
  • Architectural Style: Triplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1825
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 607-351-1267
  • Special Features: None
  • Stories: 2
  • Year Built: 1825

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space, Partial, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Varies, Vinyl
  • Living Area: 2656.0
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Flood Zone, Rectangular, Residential Lot
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame, Steel Siding
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Asphalt, Built-Up, Flat, Pitched, Tar/Gravel

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Cooling: Other, See Remarks, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Other, See Remarks, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Heat, Hot Water, Water

Schools

  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Parcel #: 500700-033-000-0004-001-000-0000
  • Zoning Description: Residential Multi Use
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Property Net Operating Income: 28003.0

Tax Info

  • Tax Annual Amount: 14151.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
May 1, 2024
Sold by
Ronald-Chua Shyan J and Ronald-Chua Yong Meiting
Bought by
Avram Ft and Avram
Seller's Agent
Joe Giordano
Howard Hanna S Tier Inc
Buyer's Agent
Donna Duncan
Howard Hanna S Tier Inc
List Price
$445,000
Sold Price
$387,000
Premium/Discount to List
-$58,000
-13.03%
Views
3
Current Estimated Value
$438,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,082
Avg. Annual Appreciation
7.95%

Purchase Details

Listed on
Jan 1, 1800
Closed on
Mar 20, 2013
Sold by
Cipriano Jr. Pietro
Bought by
Chua Shyan Jin Ronald
Seller's Agent
James Orcutt, Jr.
James Orcutt Real Estate
Buyer's Agent
Joe Giordano
Howard Hanna S Tier Inc
List Price
$307,484
Sold Price
$298,100
Premium/Discount to List
-$9,384
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$223,575
Interest Rate
3.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2005
Sold by
Hara Tadayuki
Bought by
Cipriano Pietro

Purchase Details

Closed on
Sep 28, 1995
Sold by
Hinman Robert D and Hinman Barbara A
Bought by
Hara Tadayuki
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Avram Ft $395,000 None Available
Chua Shyan Jin Ronald $289,100 Medeiros Katrina
Chua Shyan Jin Ronald $289,100 Medeiros Katrina
Cipriano Pietro $197,000 Randall Marcus
Hara Tadayuki $84,000 --
Hara Tadayuki $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chua Shyan Jin Ronald $223,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2024 05/16/24 Sold $387,000 -13.0% $146 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
11/16/2023 11/16/23 For Sale $445,000 +49.3% $168 / Sq Ft
03/20/2013 03/20/13 Sold $298,100 -3.1% $112 / Sq Ft View Prior Sale
02/18/2013 02/18/13 Pending -- -- --
01/01/1800 01/01/00 For Sale $307,484 -- $116 / 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 $9,063 $450,000 $48,900 $401,100
2023 $9,243 $418,000 $48,900 $369,100
2022 $13,131 $380,000 $48,900 $331,100
2021 $12,542 $345,000 $48,900 $296,100
2020 $7,925 $345,000 $48,900 $296,100
2019 $9,941 $320,000 $48,900 $271,100
2018 $7,667 $320,000 $48,900 $271,100
2017 $7,869 $320,000 $31,600 $288,400
2016 $7,941 $320,000 $31,600 $288,400
2015 -- $290,000 $31,600 $258,400
2014 -- $290,000 $31,600 $258,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1510144

APN: 500700-033-000-0004-001-000-0000