NOT LISTED FOR SALE

Freeville, NY 13068

Estimated Value: $369,000 - $409,000

6 Beds
4 Baths
2,256 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $310,000 $137 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,786/month

12 Days on Market

About This Home

As of May 2022

Looking for a great investment opportunity? Look no further! This fully rented duplex has been meticulously cared for by the same family for over 20 years. Just a short drive outside of Ithaca, this property is conveniently located to all that the surrounding areas have to offer! Sitting on 1.46 acres, this quiet country setting gives the perfect mix of seclusion and accessibility. The two units are identical, each with 3 bedrooms, 1.5 baths, and an open floor plan that includes an eat-in kitchen and living area. Each unit has private access to their backyard! The shared washer/dryer. Co-Listed with Shannan Hall of Warren Real Estate of Ithaca

Last Agent to Sell the Property

Jill Burlington

Listing by Warren Real Estate of Ithaca License #30BU0950986 Listed on: 02/23/2022

Last Buyer's Agent

NON MLS

Listing by Syracuse Non-MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1991

Lot Details

  • 1.46 Acre Lot
  • Lot Dimensions are 517 x 191

Parking

  • Stone Driveway

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 502489-039-000-0001-012-142-0000

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,940

Year Built

Built in 1991

Lot Details

0

Listing Details

  • NY Swis Code: Freeville-Village-502403
  • Total Assessed Value: 180000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 517
  • Lot Dimension Front: 191
  • Lot Information: Neighborhood Street
  • Lot Number: 12
  • Nearest Cross Street: Route 13
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 212328.77
  • Ratio Close Price By Sq Ft: 137.41
  • Ratio List Price By Acres: 232191.78
  • Ratio List Price By Sq Ft: 150.27
  • Regional Board Code: Rochester
  • School Tax: 3906
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Village: Freeville-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 63598
  • Age of Building: 32
  • Year Built: 1991
  • Above Grade Finished Sq Ft: 2256
  • Directions To Property: Coming from Ithaca, head North on rte. 13 take a left on NY-366 drive 1.5 miles property is on the left.
  • Sq Ft Total Pub: 2256
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1991

Interior Features

  • Basement Description: Crawl Space
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2256

Exterior Features

  • Construction: Wood
  • Number of Acres: 1.4600

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: Stone/Gravel

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 2
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Lot Info

  • Parcel Number: 502489-039-000-0001-012-142-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5940

MLS Schools

  • School District Name: Dryden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
May 19, 2022
Sold by
Leonard Shawn and Leonard Mariya
Bought by
Haines Brittany and Haines Kyle
Seller's Agent
Jill Burlington
Warren Real Estate of Ithaca
Buyer's Agent
NON MLS
Syracuse Non-MLS
List Price
$339,000
Sold Price
$310,000
Premium/Discount to List
-$29,000
-8.55%
Current Estimated Value
$391,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,841
Avg. Annual Appreciation
6.71%
Original Mortgage
$248,000
Outstanding Balance
$231,466
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$160,375

Purchase Details

Closed on
Sep 18, 2017
Sold by
Leonard Charles
Bought by
Leonard Shawn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Haines Brittany $310,000 None Available
Leonard Shawn $200,000 Lane Michael E.
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haines Brittany $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $310,000 -8.6% $137 / Sq Ft
02/23/2022 02/23/22 For Sale $339,000 -- $150 / 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 $8,868 $320,000 $20,900 $299,100
2023 $9,662 $310,000 $20,900 $289,100
2022 $6,041 $189,000 $20,900 $168,100
2021 $5,939 $180,000 $20,900 $159,100
2020 $5,923 $180,000 $20,900 $159,100
2019 $2,049 $180,000 $20,900 $159,100
2018 $5,393 $160,000 $20,900 $139,100
2017 $5,330 $160,000 $21,400 $138,600
2016 $5,335 $160,000 $21,400 $138,600
2015 -- $150,000 $21,400 $128,600
2014 -- $150,000 $21,400 $128,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jill Burlington

    Warren Real Estate of Ithaca

    Section Image

  • N

    Buyer's Agent in 2022

    NON MLS

    Syracuse Non-MLS

See All Agents

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

MLS Number: R1390190

Upstate New York Real Estate Information Services (UNYREIS)

APN: 502489-039-000-0001-012-142-0000

New York Tompkins County Freeville

13068

Not Listed for Sale

MultiFamily

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