NOT LISTED FOR SALE

Estimated Value: $340,000 - $546,000

5 Beds
3 Baths
2,038 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2017

Last sale price $175,000 $86 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,317 / mo

158 Days on Market

Highlights

  • Baseboard Heating
  • DeWitt Middle School Rated A-
  • Walk-Up Access

About This Home

As of March 2017

Excellent investment! Excellent location! This three-unit property is located on a bus route, just five minutes from the Cornell Vet School and conveniently located to downtown Ithaca and to Dryden, New York. The lower apartments, a 1 bedroom and a 1+ bedroom, are fully rented. The top-floor 3-bedroom (with spacious attic) is vacant and ready for renovation--or for renting. Tenants pay their own electric/heat. Hurry!

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65x117

Home Design

  • Asphalt Roof

Kitchen

  • Range Hood
  • Recirculated Exhaust Fan

Basement

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

Schools

  • Caroline Elementary School

Utilities

  • Baseboard Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 502489 56.-3-6

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 65X117
  • Water Body Name: None
  • Directions: Leaving Ithaca head East on NY 366/Dryden Rd destination on left. 1.5 miles past Cornell Orchards
  • Year Built: 1930
  • Attribution Contact: josephsteuer@me.com
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Refrigerator, Range Hood
  • Has Basement: Exterior Entry, Full, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes

Exterior Features

  • Lot Features: Other, See Remarks
  • Roof: Asphalt

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Parcel #: 502489 56.-3-6

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

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

Closed on
May 18, 2021
Sold by
Bought by
Current Estimated Value
$451,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$286,272
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$165,602

Purchase Details

Listed on
Sep 21, 2016
Closed on
Mar 29, 2017
Sold by
Bought by
List Price
$189,500
Sold Price
$175,000
Premium/Discount to List
-$14,500
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$140,000
Interest Rate
4.1%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$400,000 None Available
$175,000 Michael May
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 $320,000
Previous Owner $140,000
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
03/29/2017 03/29/17 Sold $175,000 -7.7% $86 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
09/21/2016 09/21/16 For Sale $189,500 -- $93 / 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 -- $425,000 $7,000 $418,000
2024 $10,691 $425,000 $7,000 $418,000
2023 $11,750 $425,000 $7,000 $418,000
2022 $10,692 $400,000 $7,000 $393,000
2021 $9,851 $350,000 $7,000 $343,000
2020 $7,887 $350,000 $7,000 $343,000
2019 $2,081 $175,000 $7,000 $168,000
2018 $3,976 $155,000 $7,000 $148,000
2017 $4,924 $155,000 $11,000 $144,000
2016 $4,799 $155,000 $11,000 $144,000
2015 -- $136,000 $11,000 $125,000
2014 -- $136,000 $11,000 $125,000
Source: Public Records

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB307634

APN: 502489-056-000-0003-006-000-0000

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