Seller's Agent in 2024
Christopher Kusznir
Key Brokers
(607) 279-5967
3 in this area
21 Total Sales
726 Cliff St Ithaca, NY 14850
West Hill NeighborhoodEstimated Value: $326,000 - $344,000
5
Beds
2
Baths
1,840
Sq Ft
$183/Sq Ft
Est. Value
Highlights
- 2 Fireplaces
- Zoned Heating and Cooling
- Baseboard Heating
- DeWitt Middle School Rated A-
- Ceiling Fan
- High Speed Internet
About This Home
As of February 2024Fully rented and priced reduced to sell! Motivated seller offering seeking all reasonable buyers! This turnkey duplex was completely renovated inside and out in early 2023. All premium materials used. Interior renovations include new heavy-duty premium click vinyl flooring, lighting, bathroom showers, fixtures, dishwasher, stove, fridge, microwave and washer dryers. Both units have been freshly painted, received new kitchen cabinets and each has an electric fireplace with rustic wood mantle. New electric service and panel for the upstairs apartment were installed to split electric bills. Gas boiler heat paid for by the landlord currently with two thermostats controlled by each tenant. Exterior renovations include new steel roof and vinyl siding on the entire exterior. The house is on a bus route and additional parking is available for tenants a few hundred feet down the road in a free city lot. This unit is ready to cash flow with both units rented until mid-2024. Opportunity awaits!
Last Agent to Sell the Property
Key Brokers License #10491206761 Listed on: 09/21/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,184
Year Built
- Built in 1971
Lot Details
- 8,000 Sq Ft Lot
- Lot Dimensions are 100x80
Parking
- 2 Car Garage
Home Design
- Duplex
- Block Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,840 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 2 Fireplaces
- Finished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Schools
- Beverly J Martin Elementary School
- Ithaca Senior High School
Utilities
- Zoned Heating and Cooling
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 500700-038-000-0002-003-000-0000
Community Details
Overview
- Association fees include common area maintenance, gardener, heat, hot water, snow removal
- 2 Units
- Cliff Street Sec 38 Subdivision
Building Details
- Net Operating Income $38,816
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2022
Closed on
Nov 21, 2022
Sold by
Schermerhorn Dale A
Bought by
726 Cliff St Llc
Seller's Agent
Allison Hogue
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Christopher Kusznir
Key Brokers
List Price
$163,000
Sold Price
$160,000
Premium/Discount to List
-$3,000
-1.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,331
Avg. Annual Appreciation
27.20%
Original Mortgage
$128,000
Outstanding Balance
$124,024
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$213,307
Purchase Details
Closed on
Jun 26, 2001
Sold by
Lange William A
Bought by
Capalongo Vincent
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 726 Cliff St Llc | $160,000 | None Available | |
| Capalongo Vincent | $55,000 | Edward Mazza |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 726 Cliff St Llc | $128,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/27/2024 02/27/24 | Sold | $315,000 | -10.0% | $171 / Sq Ft | |
| 01/28/2024 01/28/24 | Pending | -- | -- | -- | |
| 09/21/2023 09/21/23 | For Sale | $349,900 | +118.7% | $190 / Sq Ft | |
| 11/21/2022 11/21/22 | Sold | $160,000 | -1.8% | $76 / Sq Ft | View Prior Sale |
| 10/22/2022 10/22/22 | Pending | -- | -- | -- | |
| 02/14/2022 02/14/22 | For Sale | $163,000 | -- | $77 / 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 | $6,336 | $315,000 | $38,900 | $276,100 |
| 2023 | $3,606 | $160,000 | $38,900 | $121,100 |
| 2022 | $6,040 | $180,000 | $38,900 | $141,100 |
| 2021 | $5,619 | $155,000 | $38,900 | $116,100 |
| 2020 | $3,607 | $155,000 | $38,900 | $116,100 |
| 2019 | $4,059 | $145,000 | $38,900 | $106,100 |
| 2018 | $3,511 | $145,000 | $38,900 | $106,100 |
| 2017 | $3,240 | $130,000 | $23,800 | $106,200 |
| 2016 | $3,269 | $130,000 | $23,800 | $106,200 |
| 2015 | -- | $120,000 | $23,800 | $96,200 |
| 2014 | -- | $120,000 | $23,800 | $96,200 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Kusznir
-
Zoe Leonard
Buyer's Agent in 2024
Zoe Leonard
Howard Hanna S Tier Inc
(607) 257-0800
3 in this area
89 Total Sales
-
Allison Hogue
Seller's Agent in 2022
Allison Hogue
Warren Real Estate of Ithaca Inc.
(607) 342-4065
4 in this area
108 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1498540
APN: 500700-038-000-0002-003-000-0000
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