Seller's Agent in 2025
Jordan Jacobsen
Warren Real Estate of Ithaca Inc.
(607) 339-3206
29 in this area
149 Total Sales
7 Park Ln Lansing, NY 14882
7
Beds
3
Baths
2,776
Sq Ft
0.49
Acres
Highlights
- Wood Flooring
- 1 Fireplace
- Forced Air Heating System
- Raymond C. Buckley Elementary School Rated A-
- Cedar Closet
- Ceiling Fan
About This Home
As of September 2025Discover an excellent opportunity to own a three-unit investment property, conveniently located near Ithaca, offering all its modern conveniences. Situated on the edge of Myers Park in Lansing, this property includes two 3-bedroom, one full bath apartments and a studio apartment with one bedroom and one full bathroom. Enjoy ample parking and an additional barn area for extra storage. Very close proximity to Lansing schools, Myers Park, and Cayuga Lake. Don't miss out on this wonderful investment opportunity!
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-339-3206 License #10401218032 Listed on: 04/30/2025
Last Buyer's Agent
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-339-3206 License #10401218032 Listed on: 04/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,165
Year Built
- Built in 1860
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 102x207
- Irregular Lot
Parking
- Common or Shared Parking
Home Design
- Triplex
- Stone Foundation
- Asphalt Roof
- Wood Siding
- Copper Plumbing
Interior Spaces
- 2,776 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- 1 Fireplace
- Partial Basement
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- Cedar Closet
- 3 Full Bathrooms
Location
- Flood Zone Lot
Schools
- Raymond C Buckley Elementary School
- Lansing Middle School
- Lansing High School
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Heating System Uses Propane
- Baseboard Heating
- Hot Water Heating System
- Propane Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- The owner pays for grounds care, hot water, snow removal, water
- Tax Lot 71
- Assessor Parcel Number 503289-033-000-0001-071-000-0000
Community Details
Overview
- Association fees include gardener, hot water, snow removal, water
- 3 Units
Building Details
- 3 Separate Electric Meters
- Operating Expense $10,218
- Gross Income $43,480
- Net Operating Income $25,097
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 16, 2002
Sold by
Nuttle Harry Lunt
Bought by
Bernal Judith H S
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $110,000 | Stephen Bowman |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Sold | $295,000 | -1.3% | $106 / Sq Ft |
| 05/20/2025 05/20/25 | Price Changed | $299,000 | -8.0% | $108 / Sq Ft |
| 04/30/2025 04/30/25 | For Sale | $325,000 | -- | $117 / Sq Ft |
Source: Ithaca Board of REALTORS®
Tax History Compared to Growth
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 | $8,166 | $300,000 | $31,700 | $268,300 |
| 2023 | $7,823 | $260,000 | $31,700 | $228,300 |
| 2022 | $7,488 | $236,000 | $31,700 | $204,300 |
| 2021 | $7,391 | $225,000 | $31,700 | $193,300 |
| 2020 | $7,031 | $212,000 | $31,700 | $180,300 |
| 2019 | $2,509 | $212,000 | $31,700 | $180,300 |
| 2018 | $6,966 | $212,000 | $31,700 | $180,300 |
| 2017 | $6,373 | $192,000 | $33,800 | $158,200 |
| 2016 | $6,338 | $192,000 | $33,800 | $158,200 |
| 2015 | -- | $175,000 | $33,800 | $141,200 |
| 2014 | -- | $175,000 | $33,800 | $141,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Jacobsen
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1596242
APN: 503289-033-000-0001-071-000-0000
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