See Home Value
$377,427*
House - Off Market

402 SALEM DR

Ithaca, NY 14850
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2458 Sqft
$225,000 - $273,000
Reference Base Price*
51.27%
Since Oct 1, 2018
National-US
Primary Model
Sold Oct 23, 2018
$260,000
$195,000 by Tompkins Trust Co
Mortgage Due Jan 01, 2033
Sold Mar 17, 2004
$190,000

About This Property

Currently leased single family w/ accessory apartment in the attractive Northeast neighborhood. Upstairs is a 3 BR apt. Downstairs is a 2 BR apt. Convenient to schools, shopping and restaurants. Spacious apartments and large private yard. Own as an investment property- or convert to a 5 BR home, or live in one apartment and rent the other as the leases expire.

The manager has listed the unit size as 2458 square feet.
Unit Size
2,458Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$102
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962

Price History

Date / Event Date Event Price
Oct 23, 2018 Sold to Weihong Li, Zefeng Gao $260,000
Sold to Weihong Li, Zefeng Gao
Sep 9, 2018 No longer available -
No longer available
Sep 5, 2018 Listed $249,500
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,000
  • Garage Type: Attached
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,458
  • Gross Building Area: 2,458
  • Building Area: 2,458
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,458
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.344
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : LI WEIHONG
  • Current Owner 2: GAO ZEFENG
  • Previous Owner : SHOHAM BEN-DAVID SHAI
  • Previous Owner 2: SHOHAM BEN-DAVID
  • Owner Before Previous Owner: CULLEN THOMAS P

Neighborhood

  • School District Name: Ithaca City School District
  • School Tax School District: ITHACA
  • Census Tract: 000500

Geography

  • District: 503089
  • Section: 70.00
  • Parcel: 503089 70.-9-4
  • Block: 9
  • Lot: 4.000
  • Municipality: ITHACA (TOV)
  • Latitude: 42.4742
  • Longitude: -76.4572

    Address

  • Full Address: 402 Salem Dr
  • Address - House Number: 402
  • Address - Street Name: Salem
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Ithaca
  • Carrier Code: C035
  • 4-Digit Zip Code: 1918
  • Zip Code: 14850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,619
  • Tax Rate Code Area: 500700

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 388,594
  • High Value: 469,311
  • Low Value: 307,878

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $212,772
  • First Open Lien Mortgage Lender: TOMPKINS TRUST CO
  • First Open Lien Mortgage Recording Date: Oct 23, 2018
  • First Open Lien Mortgage Loan Amount: $195,000
  • First Open Lien Mortgage Term: 170
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2033
  • Second Open Lien Mortgage Lender: TOMPKINS TRUST CO
  • Second Open Lien Mortgage Recording Date: Oct 07, 2020
  • Second Open Lien Mortgage Loan Amount: $17,772
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $311,000
  • Market Land Value: $45,400
  • Market Improvement Value: $265,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,000
  • Assessed Land Value: $45,400
  • Assessed Improvements Value: $265,600

    Sales

  • Current Sale Contract Date: Oct 23, 2018
  • Current Sale Recording Date: Oct 23, 2018
  • Current Sale Transaction ID: 11529629279
  • Current Sale Price: $260,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018-12140
  • Previous Sale Recording Date: Mar 17, 2004
  • Previous Sale Contract Date: Mar 17, 2004
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOMPKINS TRUST CO
  • First Mortgage Transaction Date: Oct 23, 2018
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 170
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jan 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northeast Ithaca


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 402 Salem Drive built and last sold?
The property at 402 Salem Drive was built in 1962 and last sold on Oct 23, 2018 for $260,000.
How much is this home worth?
The estimated value of the home located at 402 Salem Drive is $253,161.
What are some comparable homes to 402 Salem Drive?
There are currently no comparable homes to 402 Salem Drive.

Quantcast