$399,900 Price Analysis    ♡   Spencer, NY 14883 8 bed 4 bath 3,144 SqFt ($127/SqFt) 4.69 acre lot. Built 1860 Listed 2024-05-29, Taxes $2,830 | ✓ USDA Eligible near Danby, NY Restrictions may apply due to home size |
Property Details
Looking for a stylish n ewly renovated apartment to call home while your tenants pay your mortgage and taxes? Discover the perfect blend of history and modern comfort in this charming 4-unit apartment building. Originally built in 1860, this cozy gem has been lovingly renovated from top to bottom, preserving its timeless character while adding contemporary flair. Relish in the convenience of new kitchens, bathrooms, appliances, windows, doors and decks, ensuring every inch of space feels fresh and inviting.
Outside, the sprawling 5-acre property invites you to unwind and explore, offering plenty of room to roam. Enjoy the laid-back lifestyle with a leisurely stroll to the nearby village pizza shop or grocery store, while still being centrally located for easy access to Ithaca, Elmira and Owego. Make yourself at home in this welcoming retreat, where comfort meets convenience at every turn or pick up a nice turn-key investment property. Back acreage of property is located in a 100-year floodplan. Listing agent contacted insurance company and was told that Flood Insurance would not be necessary to get a mortgage. Buyer to verify.
Presented by Kathleen Spooner at
Warren Real Estate Downtown.
Property MLS #R1541451 from NYStateAlliance
Full Bathrooms: 4
Flooring: Laminate, LuxuryVinyl, Varies
Window Features: StormWindows, ThermalWindows, WoodFrames
Heating Features: Zoned, Baseboard, Electric
Heating: Yes
Patio And Porch Features: Deck
Road Frontage Type: CityStreet, MainThoroughfare
Lot Size Acres: 4.689991
Lot Size Dimensions: 344X604
Lot Size Square Feet: 204296
Garage Description: Common, Gravel, ParkingAvailable, TwoorMoreSpaces
Parking Features: Common, Gravel, ParkingAvailable, TwoorMoreSpaces
Calculated Total Monthly Association Fees: 0
Elementary School District: Spencer-Van Etten
High School District: Spencer-Van Etten
Middle or Junior School District: Spencer-Van Etten
Map directions Map directions Map directionsNumber of Units: 4
Tenant Pays: AllUtilities
Rent Includes: CommonAreaMaintenance, Water
Source Listing Status: Active
County: Tioga
Cross Street: Brooks Street
Directions: Main St. in Village of Spencer on the left side coming from Ithaca.
Source Property Type: Residential
Area: Spencer-493489
Source Neighborhood: Spencer-493489
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Owner Pays: GroundsCare, Water
Parcel Number: 68.08-1-1.22
Postal City: Spencer
Zoning: Commercial
Zoning Description: Commercial
Property Subtype: MultiFamily
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $34,800 + $55,200 $90,000 | $2,830 |
| 2022 | $34,800 + $55,200 $90,000 | $2,902 |
| 2021 | $34,800 + $55,200 $90,000 | $2,926 |
| 2020 | $29,800 + $55,200 $85,000 | $3,006 |
| 2017 | $29,800 + $55,200 $85,000 | $3,126 |
| 2016 | $29,800 + $55,200 $85,000 | $5,057 |
| 2015 | $93,200 + $55,200 $148,400 | $4,995 |
| 2014 | $93,200 + $55,200 $148,400 | $4,851 |
| 2014 | $93,200 + $55,200 $148,400 | $4,640 |
| 2013 | $93,200 + $55,200 $148,400 | $4,672 |
| 2012 | $93,200 + $55,200 $148,400 | $4,568 |
| 2011 | $24,000 + $3,000 $27,000 | $4,511 |
| 2010 | $24,000 + $3,000 $27,000 | $3,970 |
| 2009 | $24,000 + $3,000 $27,000 | $1,788 |
$399,900
NYStateAlliance
Sold 2022-12-27
$47,500
IthacaNY
Listing removed 2022-12-02
$0
IthacaNY
Price Changed 2022-10-20
$59,000
IthacaNY
Price Changed 2022-09-14
$69,000
IthacaNY
Price Changed 2022-09-13
$69,000
IthacaNY
Listed 2022-09-13
$72,500
IthacaNY
Price Changed 2022-08-26
$72,500
IthacaNY
Price Changed 2022-05-20
$79,000
IthacaNY
Listed 2022-05-12
$97,000
IthacaNY
Year Built: 1860
Building Area Source: Assessor
Building Area Total: 3144
Construction Materials: Frame, PEXPlumbing
Foundation Details: Block, Poured
Levels: Two
Property Age: 164
Property Condition: Resale
Roof: Metal
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing
Architectural Style: Fourplex
Sewer: SepticTank
HighSpeedInternetAvailable
Water Source: Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.