Massive, 7,676 sq ft Downtown lot with an existing 2 bedroom home and outbuildings. Large array of options for the next buyer, with either renovation and value add improvements, or, new construction with favorable lot-size and residential zoning entitlements. Quiet side street with terrific walkability and access to shopping/Ithaca Commons. Quick commute to Cornell University, the hospital, and Ithaca College. Highly desirable area for income properties at a manageable entry point. Great opportunity for one’s next fixer upper, or, new build in Ithaca’s growing Downtown residential market. Property conveys in as-is condition.
Closed
$192,000
227 Wood St, Ithaca, NY 14850
2beds
847sqft
Single Family Residence
Built in 1890
7,675 Square Feet Lot
$191,500 Zestimate®
$227/sqft
$1,786 Estimated rent
Home value
$191,500
$155,000 - $234,000
$1,786/mo
Zestimate® history
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$1,786/mo
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$1,434/mo
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$1,434/mo
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List your homeWhat's special
Favorable lot-size
Zillow last checked:
Listing updated:
Listed by:
David A Barken 607-319-6380,
Howard Hanna S Tier Inc
Bought with:
Rio Lange, 10401301832
Keller Williams Realty
Source: NYSAMLSs,MLS#: R1608221
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Heating
- Gas, Baseboard, Hot Water
Appliances
- Included: Gas Water Heater, Refrigerator
Features
- Den, Separate/Formal Dining Room
- Flooring: Hardwood, Varies
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 847
- Total interior livable area: 847 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Exterior features: Blacktop Driveway
Lot
- Size: 7,675 Square Feet
- Dimensions: 52 x 146
- Features: Flood Zone, Other, Rectangular, Rectangular Lot, Residential Lot, See Remarks
Details
- Parcel number: 50070010500000050030000000
- Special conditions: Estate
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Blown-In Insulation, Frame, Vinyl Siding
- Foundation: Stone
Condition
- Resale
- Year built: 1890
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $220,000
- Annual tax amount: $4,159
- Date on market: 5/20/2025
- Cumulative days on market: 3 days
- Listing terms: Private Financing Available,Rehab Financing
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2025 | Sold | $192,000+48.8%$227/sqft |
Source:  NYSAMLSs #R1608221 Report a problem | ||
| 5/24/2025 | Pending sale | $129,000$152/sqft |
Source: NYSAMLSs #R1608221 Report a problem | ||
| 5/20/2025 | Listed for sale | $129,000$152/sqft |
Source: NYSAMLSs #R1608221 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $220,000 |
| 2024 | -- | $220,000 +11.1% |
| 2023 | -- | $198,000 +10% |
| 2022 | -- | $180,000 +33.3% |
| 2021 | -- | $135,000 |
| 2020 | -- | $135,000 |
| 2019 | -- | $135,000 |
| 2018 | -- | $135,000 +8% |
| 2017 | $963 | $125,000 |
| 2016 | -- | $125,000 +13.6% |
| 2015 | -- | $110,000 |
| 2014 | -- | $110,000 +15.8% |
| 2013 | -- | $95,000 |
| 2012 | -- | $95,000 |
| 2011 | -- | $95,000 |
| 2010 | -- | $95,000 |
| 2009 | -- | $95,000 |
| 2008 | -- | $95,000 +26.7% |
| 2007 | -- | $75,000 |
| 2006 | -- | $75,000 |
| 2005 | -- | $75,000 +4.2% |
| 2004 | -- | $72,000 +9.1% |
| 2003 | -- | $66,000 |
| 2002 | -- | $66,000 |
| 2001 | -- | $66,000 |
| 2000 | -- | $66,000 |
Find assessor info on the county website
Neighborhood: 14850
Nearby homes
- $448,0003 bd2 ba2.2k sqft223-25 Wood St, Ithaca, NY 14850Off Market
- $414,8004 bd2 ba2k sqft223 Wood St, Ithaca, NY 14850Off Market
- $318,1002 bd1 ba1.2k sqft231 Wood St, Ithaca, NY 14850Off Market
- $326,4002 bd1 ba975 sqft703-05 S Plain St, Ithaca, NY 14850Off Market
- $400,0002 bd1 ba1.1k sqft703 S Plain St, Ithaca, NY 14850Sold
- $360,0003 bd2 ba1.5k sqft221 Wood St, Ithaca, NY 14850Sold
- $403,7003 bd2 ba1.3k sqft707 S Plain St, Ithaca, NY 14850Off Market
- $278,2003 bd1 ba1.1k sqft233 Wood St, Ithaca, NY 14850Off Market
Nearby schools
GreatSchools rating
- 9/10South Hill SchoolGrades: PK-5Distance: 0.5 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 2 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Fall Creek Elementary
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Tompkins County
- Ithaca
- 14850
- 227 Wood St
