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  • $405,000

    116 Terrace View Dr, Ithaca, NY 14850

    3beds
    1,838sqft
    Townhouse
    Built in 1986
    9,583 Square Feet Lot
    $405,000 Zestimate®
    $220/sqft
    $2,664 Estimated rent

    Home value

    $405,000

    $373,000 - $437,000

    $2,664/mo

    Zestimate® history
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    What's special

    Sophisticated Townhouse Living Just Moments from Cornell University Welcome to this beautifully maintained 3-bedroom, 2.5 bath townhouse offering 1,838 square feet of thoughtfully designed living space in one of Ithaca’s most convenient and desirable locations. Designed with flexibility in mind, the layout easily adapts to a variety of lifestyles whether you're seeking a primary residence, a lock and leave retreat, or a strategic investment property. A dedicated office provides an ideal work from home environment, while the third bedroom offers additional versatility for guests, workspace, or creative use. The updated kitchen features contemporary finishes, quality appliances, and generous cabinetry perfect for both everyday living and entertaining. The open concept living and dining areas are filled with natural light, creating a warm, inviting atmosphere that flows seamlessly throughout the home. Upstairs, you’ll find three well proportioned bedrooms and two full baths, along with the added convenience of second floor laundry. A brand new boiler (January 2026) enhances efficiency and peace of mind. Set within a quiet, well maintained community, this home offers true low maintenance living. Its location is unmatched just minutes to Cornell University, Ithaca College, downtown Ithaca, and everyday amenities, with easy access to public transportation. Nearby parks, walking trails, and bike paths provide year round opportunities to enjoy Ithaca’s natural beauty. Whether you're a professional seeking proximity to campus, a buyer looking for ease and convenience, or an investor capitalizing on a high demand location, this property presents a rare combination of comfort, flexibility, and long term value.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jill Burlington 607-592-0474,

    Warren Real Estate of Ithaca Inc.

    Bought with:

    Zoe Leonard, 10301222025

    Howard Hanna S Tier Inc

    Source: NYSAMLSs,MLS#: R1667878MLS LogoOriginating MLS: Ithaca Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Bedroom 1
    • Level: Second
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Second
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Gas, Baseboard
    Appliances
    • Included: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, See Remarks, Water Heater, Washer
    • Laundry: Upper Level
    Features
    • Ceiling Fan(s), Den, Eat-in Kitchen, Separate/Formal Living Room, Granite Counters, Home Office, Kitchen Island, Living/Dining Room
    • Flooring: Ceramic Tile, Varies, Vinyl
    • Basement: None
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,838
    • Total interior livable area: 1,838 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage, Other, See Remarks, Garage Door Opener
    • Attached garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Deck
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 64 x 150
    • Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 50308905800000020393420000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Wood Siding
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1986

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
    Green energy
    • Energy efficient items: Windows

    Community & HOA

    Location
    • Region: Ithaca

    Financial & listing details

    • Price per square foot: $220/sqft
    • Tax assessed value: $350,000
    • Annual tax amount: $8,667
    • Date on market: 3/25/2026
    • Cumulative days on market: 45 days
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    7/15/2026Sold$405,000-5.8%$220/sqft
    Source: NYSAMLSs #R1667878 Report a problem
    6/18/2026Pending sale$430,000$234/sqft
    Source: NYSAMLSs #R1667878 Report a problem
    5/11/2026Contingent$430,000$234/sqft
    Source: NYSAMLSs #R1667878 Report a problem
    4/30/2026Price change$430,000-4.4%$234/sqft
    Source: NYSAMLSs #R1667725 Report a problem
    3/25/2026Listed for sale$449,900$245/sqft
    Source: NYSAMLSs #R1667878 Report a problem
    9/25/2025Listing removed$449,900$245/sqft
    Source: NYSAMLSs #R1605712 Report a problem
    6/30/2025Listed for rent$2,600$1/sqft
    Source: NYSAMLSs #R1619065 Report a problem
    5/1/2025Listed for sale$449,900+143.2%$245/sqft
    Source: NYSAMLSs #R1602770 Report a problem
    12/6/2013Sold$185,000-15.9%$101/sqft
    Source: NYSAMLSs #IB138916 Report a problem
    6/26/2013Listed for sale$220,000+125.6%$120/sqft
    Source: RealtyUSA #138916 Report a problem
    7/30/1998Sold$97,500$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $350,000
    2024-- $350,000 +26.4%
    2023-- $277,000 +9.9%
    2022-- $252,000 +5%
    2021-- $240,000
    2020-- $240,000 +4.3%
    2019-- $230,000
    2018-- $230,000
    2017$6,439 $230,000 +15%
    2016-- $200,000
    2015-- $200,000
    2014-- $200,000 -13%
    2013-- $230,000
    2012-- $230,000
    2011-- $230,000
    2010-- $230,000
    2009-- $230,000
    2008-- $230,000 +27.8%
    2007-- $180,000
    2006-- $180,000
    2005-- $180,000 +5.9%
    2004-- $170,000 +17.2%
    2003-- $145,000 +48%
    2002-- $98,000
    2001-- $98,000
    2000-- $98,000
    Find assessor info on the county website

    Neighborhood: East Ithaca

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Belle Sherman
    • District: Ithaca

    Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.