NOT LISTED FOR SALE

709 Triphammer Rd Ithaca, NY 14850

-- Bed
-- Bath
9,816 Sq Ft
1.03 Acres

Last Sold July 15, 2022

Last sale price $2,050,000 $209 Per Sq Ft

960 Days on Market

Highlights

  • Storage
  • Hot Water Heating System
  • Laundry Facilities
  • Cayuga Heights Elementary School Rated A-

About This Home

As of July 2022

At the edge of Cornell's North Campus this apartment complex is just what your portfolio needs. 27 Units - 24 one bedrooms & 3 studios. All brick buildings, lots of parking. An excellent opportunity. Any offers to be reviewed on Nov 12th. Maintenance expense includes some major repair work.

Last Agent to Sell the Property

Susan Lustick

Warren Real Estate of Ithaca Inc. Brokerage Email: slustick@gmail.com License #30LU0738088 Listed on: 10/29/2019

Last Buyer's Agent

Susan Lustick

Warren Real Estate of Ithaca Inc. Brokerage Email: slustick@gmail.com License #30LU0738088 Listed on: 10/29/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61,731

Lot Details

  • 1.03 Acre Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 9,816 Sq Ft Home
  • Storage

Kitchen

  • Electric Oven
  • Electric Range

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Cayuga Heights Elementary School
  • Boynton Middle School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 503001 11.-2-15

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61,731

Lot Details

0

Listing Details

  • Prop. Type: Multi Family
  • Lot Size Acres: 1.0289
  • Directions: Triphammer Road near Iroquois Place, this property is adjacent to Cornell land
  • Attribution Contact: slustick@gmail.com
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Interior Amenities: Storage
  • Living Area: 9816.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Poured
  • Roof: Asphalt

Utilities

  • Laundry Features: Common Area
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 44820.0
  • Parcel #: 503001 11.-2-15
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 27

Tax Info

  • Tax Annual Amount: 61731.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $2,050,000 -8.9% $209 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
10/29/2019 10/29/19 For Sale $2,250,000 -- $229 / 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 $60,704 $2,140,000 $53,200 $2,086,800
2023 $66,665 $2,140,000 $53,200 $2,086,800
2022 $67,943 $2,140,000 $53,200 $2,086,800
2021 $66,720 $2,030,000 $53,200 $1,976,800
2020 $64,579 $2,030,000 $53,200 $1,976,800
2019 $54,288 $1,930,000 $53,200 $1,876,800
2018 $62,808 $1,930,000 $53,200 $1,876,800
2017 $59,177 $1,750,000 $53,200 $1,696,800
2016 $57,154 $1,750,000 $53,200 $1,696,800
2015 -- $1,450,000 $53,200 $1,396,800
2014 -- $1,450,000 $53,200 $1,396,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB400685