NOT LISTED FOR SALE

726 Five Mile Dr Ithaca, NY 14850

Estimated Value: $433,000 - $610,000

5 Beds
3.5 Baths
3,010 Sq Ft
$181/Sq Ft Est. Value

Last Sold November 08, 2024

Last sale price $539,900 $179 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,837/month

34 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • 1 Fireplace
  • Cayuga Heights Elementary School Rated A-
  • Wood Flooring
  • Private Yard

About This Home

As of November 2024

Opportunity awaits! Completely renovated Town of Ithaca home with an income producing apartment! Inside the main home you'll be greeted with an open concept living, dining, kitchen area. The kitchen features white shaker cabinetry, stainless appliances, granite countertops and a walk-in pantry. A tastefully updated half-bath services the main floor of this split-level home. As you make your way up a few steps to the second level you will find a gorgeous bathroom, laundry room, and a beautiful en-suit bathroom in the largest of the three bedrooms. All bedrooms feature generous closet space, including walk-ins. Throughout the home you'll find real hardwood floors, tile bathrooms, spray foam insulation, and energy efficient mini-split heat pumps providing heat and air conditioning! The 2 bedroom, 1 bathroom apartment below the main home has been renovated as well. You'll find the same great cabinetry, renovated bathroom, LVP flooring and tile, and energy efficient heat pumps all on separate utilities and accessed by a separate driveway off of Five Mile Drive. Don't miss this opportunity to own a home in Ithaca and have expenses off set by a great investment!

Last Agent to Sell the Property

Mathew Allen

Listing by Land of Lakes Realty, Inc. Brokerage Phone: 315-497-3700 License #10401237939 Listed on: 07/15/2024

Last Buyer's Agent

Amy Wood Gonzalez

Listing by Warren Real Estate of Ithaca Inc. License #30WO0981874

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,193

Year Built

  • Built in 1974

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 225x200
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Shake Siding
  • Cedar

Interior Spaces

  • 3,010 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Walk-Out Basement

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck

Schools

  • Cayuga Heights Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating
  • Heating System Uses Gas
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes gardener, snow removal
  • Tax Lot 4
  • Assessor Parcel Number 503089-031-000-0004-004-002-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,193

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Snow Removal
  • Year Built: 1974
  • Attribution Contact: 315-497-3700
  • Road Frontage Type: Main Thoroughfare
  • Directions: Head South on Rt 13 to Five Mile Drive on the Right. House is 1/4 mile down on the left.
  • Flooring: Hardwood, Luxury Vinyl, Tile, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Cathedral Ceiling(s), Programmable Thermostat
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 1.09
  • Waterfront: No
  • Construction Type: Cedar, Shake Siding
  • Exterior Features: Deck, Private Yard, See Remarks
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two or More Spaces

Utilities

  • Cooling: Ductless, Heat Pump, Zoned
  • Cooling Y N: Yes
  • Heating: Ductless, Gas, Heat Pump, Zoned
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Ithaca

Lot Info

  • Parcel Number: 503089-031-000-0004-004-002-0000
  • Lot Dimensions: 225X200
  • Lot Size Sq Ft: 47480.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 7193.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: Cayuga Heights Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2016
Sold by
Hsbc Bank Usa National
Bought by
Boynton Shawn
Current Estimated Value
$579,419

Purchase Details

Closed on
Aug 11, 2015
Sold by
Guy K. Krogh Esq. Referee
Bought by
Hsbc Bank Usa Nat Assoc

Purchase Details

Closed on
Jun 15, 2010
Sold by
Tompkins County Of/By Cou
Bought by
Orshalom Bob

Purchase Details

Closed on
Sep 24, 2004
Sold by
Avellino Anthony A
Bought by
Orshalom Bob

Purchase Details

Closed on
Jun 26, 2000
Sold by
Hollenbeck Norman Larue
Bought by
Avellino Anthony A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boynton Shawn $109,000 Prociello Michael
Hsbc Bank Usa Nat Assoc $300,696 Pllc Leopold & Associates
Orshalom Bob $17,312 --
Orshalom Bob $205,000 Jim Salk
Avellino Anthony A $100,000 Albanese Jonathan O
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $539,900 -10.0% $179 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $599,900 -- $199 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $9,609 $375,000 $45,300 $329,700
2023 $7,724 $270,000 $45,300 $224,700
2022 $7,338 $245,000 $45,300 $199,700
2021 $7,001 $225,000 $45,300 $179,700
2020 $6,113 $225,000 $45,300 $179,700
2019 $2,380 $155,000 $45,300 $109,700
2018 $3,670 $110,000 $45,300 $64,700
2017 $2,601 $75,000 $30,200 $44,800
2016 $2,592 $75,000 $30,200 $44,800
2015 -- $175,000 $30,200 $144,800
2014 -- $175,000 $30,200 $144,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mathew Allen

    Land of Lakes Realty, Inc.

    (607) 342-6087

    12 Total Sales

    Mathew Allen
    Section Image

  • A

    Buyer's Agent in 2024

    Amy Wood Gonzalez

    Warren Real Estate of Ithaca Inc.

    (607) 327-2457

    16 Total Sales

    Amy Wood Gonzalez
    Section Image
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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1552318

Upstate New York Real Estate Information Services (UNYREIS)

APN: 503089-031-000-0004-004-002-0000

New York Tompkins County Ithaca 14850

726 Five Mile Dr, Ithaca, NY

Not Listed for Sale

MultiFamily

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