NOT LISTED FOR SALE

835 Taughannock Blvd Ithaca, NY 14850

4 Beds
2 Baths
1,814 Sq Ft
12,197 Sq Ft Lot

Sale Details

Date Sold: March 15, 2023

Last sale price $620,000 $342 Per Sq Ft

33 Days on Market

Highlights

  • Waterfront
  • Window Unit Cooling System
  • 1 Car Garage
  • Boynton Middle School Rated A-
  • Hot Water Heating System
  • Laundry Facilities

About This Home

As of March 2023

Unique opportunity to own income property ON THE LAKE! Two properties with 2 apts in each for a total of 4 units generating over $63k/year! Located on the West Shore of Cayuga Lake with 100 feet of lake frontage with a nice grassy area, shale beach and a dock. Owned since 1963 by the seller's, this well maintained property is perfect for the savvy investor OR live in one of the units and enjoy living the lake life mortgage and tax free! Another opportunity: This is an ideal location for those looking to build their dream lake house! Enjoy the privacy and serenity of the lake, while living only 10 minutes from Cornell University, Ithaca College, and 5 minutes from downtown, Wegmans, etc. on municipal services. The Black Diamond Trail is across the street, perfect for walking, running or biking. Amazing view's of Cornell and city's landmarks from your own beach and dock. So many possibilities. Sellers will consider offers on 1/23. Call now for a private showing.

Last Agent to Sell the Property

Kathleen Seaman

Warren Real Estate of Ithaca Inc. Brokerage Email: kmseaman@warrenhomes.com License #30SE0908346 Listed on: 01/11/2023

Last Buyer's Agent

Mark Mecenas

Heights Holdings License #10491208354

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,388

Year Built

  • Built in 1940

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 100x120
  • Waterfront

Parking

  • 1 Car Garage
  • Parking Available
  • On-Street Parking
  • Off-Site Parking

Home Design

  • 1,814 Sq Ft Home
  • Poured Concrete
  • Frame Construction
  • Metal Roof

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Schools

  • Enfield Elementary School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Separate Meters

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $62,149

Listing and Financial Details

  • Assessor Parcel Number 503089 25.-2-36

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,388

Year Built

Built in 1940

Lot Details

0.28 Acres

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 100X120
  • Water Body Name: Cayuga
  • Garage Yn: Yes
  • Year Built: 1940
  • Attribution Contact: kmseaman@warrenhomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Living Area: 1814.0

Exterior Features

  • Waterfront: Yes
  • Construction Type: Frame
  • Foundation Details: Poured
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, Garage, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Cooling: Separate Meters, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Separate Meters, Hot Water
  • Heating Yn: Yes
  • Utilities: Sewer Available, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Enfield
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 12197.0
  • Parcel #: 503089 25.-2-36

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 62149.0

Tax Info

  • Tax Annual Amount: 14388.0
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Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $620,000 -1.9% $342 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $632,000 -- $348 / Sq Ft
Source: Ithaca Board of REALTORS®

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
2025 $15,945 $650,000 $156,000 $494,000
2024 $15,945 $600,000 $156,000 $444,000
2023 $15,901 $545,000 $156,000 $389,000
2022 $15,060 $495,000 $156,000 $339,000
2021 $14,302 $450,000 $156,000 $294,000
2020 $14,218 $450,000 $156,000 $294,000
2019 $6,754 $450,000 $156,000 $294,000
2018 $14,428 $450,000 $156,000 $294,000
2017 $14,624 $450,000 $156,000 $294,000
2016 $11,596 $350,000 $155,000 $195,000
2015 -- $350,000 $155,000 $195,000
2014 -- $350,000 $155,000 $195,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB407909

APN: 503089 25.-2-36

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