NOT LISTED FOR SALE
-- Bed
-- Bath
3,834 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: December 5, 2022

Last sale price $775,000 $202 Per Sq Ft

99 Days on Market

Highlights

  • Furnished
  • Shed
  • Garage
  • DeWitt Middle School Rated A-
  • Baseboard Heating
  • Coin Laundry

About This Home

As of December 2022

Excellent investment opportunity with this Prime Collegetown Multi-Unit with 4 apts: 10 bedrooms, 4 baths, 4 total off street parking (3 covered and 1 uncovered), 3,834 sq. ft. Consistent rental history and fully rented through May of 2023. Coin-Op laundry on site. On bus route and minutes from Cornell and the Ithaca Commons.

Last Agent to Sell the Property

Jill Burlington

Warren Real Estate of Ithaca Inc. Brokerage Email: jill@warrenhomes.com License #30BU0950986 Listed on: 07/29/2022

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1893

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,834 Sq Ft Home
  • Furnished

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Garage
  • Carport

Outdoor Features

  • Shed

Schools

  • Belle Sherman Elementary School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters

Community Details

  • 4 Units
  • Coin Laundry
  • Gross Income $94,260

Listing and Financial Details

  • Assessor Parcel Number 500700 68.-2-3

Property Details

Home Type

Multi-Family

Year Built

Built in 1893

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 66X132
  • Directions: Corner of Quarry Rd and Seneca St
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Year Built: 1893
  • Attribution Contact: jill@warrenhomes.com
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator
  • Has Basement: Dirt Floor, Exterior Entry, Full, Partially Finished, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Living Area: 3834.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stone
  • Other Structures: Shed(s), Storage
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Carport, Garage

Utilities

  • Laundry Features: Common Area, Coin-operated
  • Cooling: Separate Meters
  • Heating: Gas, Separate Meters, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 500700 68.-2-3

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 94260.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Dec 5, 2022
Sold by
Bought by
Seller's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
List Price
$849,000
Sold Price
$775,000
Premium/Discount to List
-$74,000
-8.72%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,000
Outstanding Balance
$856,890
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.49%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$775,000 None Available
$335,000 Robert Holdsworth
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Open $892,000
Previous Owner $335,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/05/2022 12/05/22 Sold $775,000 -8.7% $202 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $849,000 -- $221 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $26,241 $800,000 $100,000 $700,000
2024 $16,002 $800,000 $100,000 $700,000
2023 $12,382 $560,000 $100,000 $460,000
2022 $19,572 $560,000 $100,000 $460,000
2021 $19,067 $530,000 $100,000 $430,000
2020 $12,065 $530,000 $100,000 $430,000
2019 $13,704 $480,000 $100,000 $380,000
2018 $11,471 $480,000 $100,000 $380,000
2017 $10,813 $440,000 $45,000 $395,000
2016 $10,911 $440,000 $45,000 $395,000
2015 -- $410,000 $45,000 $365,000
2014 -- $410,000 $45,000 $365,000
Source: Public Records

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB407231

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