NOT LISTED FOR SALE

Estimated Value: $356,000 - $380,734

6 Beds
2 Baths
1,560 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $290,000 $186 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,508/month

94 Days on Market

Highlights

  • Eat-In Kitchen
  • High Speed Internet
  • Carpet
  • South Hill School Rated A-
  • Energy-Efficient Windows
  • Heating System Uses Gas

About This Home

As of November 2022

South Hill duplex in strong rental location between Ithaca College and downtown. Bus route and sidewalk to campus right out front. Utilities are included in current rents but there are seperate gas and electric meters for future tenants to pay their own electric, heat and hot water. There are 2 gas heaters, 2 hot water heaters and 2 electric panels. Large parking area out back for up to 6 cars. Recent metal roof, vinyl siding, double pane windows and updated mechanics. Current leases run into mid 2023. Location is suitable for all markets including undergrad, grad and local tenants. Each unit has a kitchen, living room, bedroom on the main floor plus 2 bedrooms and a bath on the upper floor. Solid rental history in a great location. Would make good starter for 1st ime investor looking for a low maintenance duplex.

Last Agent to Sell the Property

Steven Saggese

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: steve@ithacahomefinder.com License #30SA0532613 Listed on: 07/08/2022

Last Buyer's Agent

Kyle Gebhart

Warren Real Estate of Ithaca Inc. (Downtown) License #10401269082

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,217

Year Built

  • Built in 1860

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 59x121

Home Design

  • Stone Foundation
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • South Hill Elementary School
  • Boynton Middle School

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 115-1-21

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,217

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 59X121
  • Directions: House is on left side of street going up hill just before road goes from 2 lane to 3 lane. Drive is on upside of house
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1860
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: steve@ithacahomefinder.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate, Varies
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1560.0
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Stone
  • Roof: Metal

Utilities

  • Heating: Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: South Hill
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 115-1-21
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Oct 26, 2022
Sold by
Brown Kelly and Eastman Danny
Bought by
White House 805 Llc
Seller's Agent
Steven Saggese
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Kyle Gebhart
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$363,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,684
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Feb 15, 2002
Sold by
Glebe John C
Bought by
Eastman Danny

Purchase Details

Closed on
Mar 30, 1994
Sold by
Bacon Steven E and Bacon Jill M
Bought by
Glebe John C
Source: Public Records

Range of Values:

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Average Value
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List Price
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
White House 805 Llc $290,000 None Available
Eastman Danny $88,000 James Salk
Glebe John C $100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2022 11/09/22 Sold $290,000 -3.0% $186 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $299,000 -- $192 / 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 $7,217 $360,000 $55,100 $304,900
2023 $6,406 $290,000 $55,100 $234,900
2022 $9,349 $275,000 $55,100 $219,900
2021 $8,928 $250,000 $55,100 $194,900
2020 $5,847 $250,000 $55,100 $194,900
2019 $6,065 $250,000 $55,100 $194,900
2018 $5,970 $250,000 $55,100 $194,900
2017 $5,166 $210,000 $31,700 $178,300
2016 $5,213 $210,000 $31,700 $178,300
2015 -- $165,000 $31,700 $133,300
2014 -- $165,000 $31,700 $133,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB407105

APN: 500700-115-000-0001-021-000-0000