$625,100
- 7 Beds
- 5 Baths
- 4,525 sqft (on 0.40 acres)
118 Park Ln, Ithaca, NY 14850
Est. Refi. Payment $4,457/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 11, 2026 for $625,000
Home Value
Trulia Estimate
$625KSince last month
$300 (0%)Since last year
Increased$39K (+6.6%)Since last sale
Increased$600 (+0.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +121% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $626K |
| August 2026 | $625K |
| July 2026 | $632K |
| June 2026 | $636K |
| May 2026 | $637K |
| April 2026 | $626K |
| March 2026 | $607K |
| February 2026 | $598K |
| January 2026 | $593K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.50 | Multi-Family Home | $512,500 | 11/24/25 | 5 | 2 | 2,629 | |
0.36 | Multi-Family Home | $462,500 | 06/10/26 | 4 | 2.5 | 2,024 | |
1.47 | Multi-Family Home | $575,000 | 08/04/26 | 4 | 3 | 2,258 | |
1.75 | Multi-Family Home | $615,000 | 08/05/26 | 4 | 3.5 | 2,888 | |
1.41 | Multi-Family Home | $545,000 | 06/17/26 | 4 | 4 | 2,713 | |
2.29 | Multi-Family Home | $945,000 | 02/10/26 | 7 | 6 | 3,474 | |
1.64 | Multi-Family Home | $314,000 | 05/18/26 | 3 | 2 | 1,538 | |
2.27 | Multi-Family Home | $685,000 | 04/16/26 | 8 | 4 | 3,700 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $637,700 | 5 | 3 | 3,724 | Off Market | |
0.05 | $695,000 | 4 | 2.5 | 3,004 | Recently Sold | |
0.04 | $381,400 | 3 | 1.5 | 1,918 | Off Market | |
0.14 | $334,000 | 4 | 2 | 1,534 | Recently Sold | |
0.21 | $389,000 | 3 | 2 | 1,544 | For Sale | |
0.23 | $718,700 | 4 | 3.5 | 3,188 | Off Market | |
0.22 | $467,000 | 5 | 3 | 2,657 | Off Market | |
0.26 | $353,700 | 4 | 2.5 | 1,716 | Off Market | |
0.27 | $449,000 | 6 | 2 | 2,288 | For Sale | |
0.28 | $409,000 | 6 | 2 | 2,314 | For Sale | |
0.29 | $428,800 | 4 | 2 | 1,956 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1985
0.4 acre lot
4,525 sqft
$138/sqft
Garage
About this House
Discover the perfect synergy of luxury living and financial intelligence in this expansive side-by-side duplex, perfectly situated in Ithaca’s premier Eastern Heights neighborhood. The primary residence welcomes you with a sun-drenched, open layout featuring four-plus bedrooms and four full baths, complemented by several versatile flex spaces tailored for a professional home office, creative studio, fitness area or in-law suite. Beyond the interior, a private deck and backyard offer serene views, while a convenient one-bay garage adds to the ease of daily living. By occupying the main home and leasing the spacious two-bedroom, one-bath unit—which boasts its own garage, private yard, and patio—you can effectively let your tenants subsidize your mortgage and taxes.
This property serves as a gateway to the very best of Ithaca. A nearby paved path provides a direct route to Cornell University and East Hill Plaza for work, learning, groceries or a quick coffee run. For those who love the outdoors, Tudor Park’s trails and cross-country skiing paths are right at your doorstep, while the swimming and hiking trails of Mulholland Wildflower Preserve and the South Hill Rec Way are just minutes away. Whether you are heading to campus or the Commons, the short drive and nearby bus access make travel effortless. This home offers a quiet lifestyle without ever sacrificing the convenience of the city. Ask your agent for a list of improvements that include a new roof and boiler in 2026, as well as, multiple financing options.
This property serves as a gateway to the very best of Ithaca. A nearby paved path provides a direct route to Cornell University and East Hill Plaza for work, learning, groceries or a quick coffee run. For those who love the outdoors, Tudor Park’s trails and cross-country skiing paths are right at your doorstep, while the swimming and hiking trails of Mulholland Wildflower Preserve and the South Hill Rec Way are just minutes away. Whether you are heading to campus or the Commons, the short drive and nearby bus access make travel effortless. This home offers a quiet lifestyle without ever sacrificing the convenience of the city. Ask your agent for a list of improvements that include a new roof and boiler in 2026, as well as, multiple financing options.
118 Park Ln, Ithaca, NY 14850 is a 7 bedroom, 5 bathroom, 4,525 sqft multi-family in East Ithaca, built in 1985. It last sold for the $625,000 asking price on Aug 11, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $625,100.
Last check for updates: about 12 hours ago
Listed by Richard Patterson, (607) 280-3070
Howard Hanna S Tier Inc
Bought with: Jill Rosentel, (607) 280-2491, Warren Real Estate of Ithaca Inc. (Downtown)
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1679818

Home Details for 118 Park Ln
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MLS Status: Closed |
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Interior Details Basement: Partially Finished,Walk-Out Access |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 5Number of Bathrooms (full): 5 |
Dimensions and Layout Living Area: 4525 Square Feet |
Appliances & Utilities Utilities: Electricity Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Gas Water Heater |
Heating & Cooling Heating: Ductless,Electric,GasHas CoolingAir Conditioning: Ductless,Window Unit(s),Wall Unit(s)Has HeatingHeating Fuel: Ductless |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Window: Drapes, Skylight(s)Door: Sliding DoorsFlooring: Ceramic Tile, Hardwood, Laminate, Tile, Varies |
Levels, Entrance, & Accessibility Number of Stories: 1Floors: Ceramic Tile, Hardwood, Laminate, Tile, Varies |
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Exterior Home Features Roof: Architectural ShinglePatio / Porch: DeckFencing: PartialExterior: Deck, FenceFoundation: Poured |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: Garage,Gravel,Paved,Garage Door Opener |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 3 |
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Year Built Year Built: 1985 |
Property Type / Style Property Type: ResidentialProperty Subtype: Multi Family |
Building Construction Materials: Blown-In Insulation, Block, Cedar, Concrete, Spray Foam Insulation, Wood Siding, Copper Plumbing, PEX Plumbing |
Property Information Condition: ResaleParcel Number: 50308905600000030130030000 |
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Price List Price: $625,000Price Per Sqft: $138/sqft |
Status Change & Dates Off Market Date: Sun May 31 2026Possession Timing: Close Of Escrow |
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Direction & Address City: Ithaca Town |
School Information Elementary School: Caroline ElementaryElementary School District: IthacaJr High / Middle School: Dewitt MiddleJr High / Middle School District: IthacaHigh School: Ithaca Senior HighHigh School District: Ithaca |
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Building Area Building Area: 4525 Square Feet |
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Community Features: Trails/PathsNot Senior CommunityUnits in Building: 2 |
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Association for this Listing: Ithaca Board of Realtors |
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Lot Area: 0.40 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Energy Efficiency Features: Appliances, HVAC |
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Rent Includes: Other, See RemarksOwner Pays: Other, See Remarks |
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BasementMls Number: R1679818Living Area Range Units: Square FeetAttribution Contact: 607-280-3070Universal Property Id: US-36109-N-50308905600000030130030000-R-N |
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Trails/Paths |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 11, 2026 Source: NYSAMLSs #R1679818 | Sold | $625,000 |
Aug 6, 2026 Source: NYSAMLSs #R1668544 | Pending | $625,000 |
Jun 3, 2026 Source: NYSAMLSs #R1679818 | Contingent | $625,000 |
May 28, 2026 Source: NYSAMLSs #R1668544 | Listed For Sale | $625,000 |
Oct 11, 2013 Source: NYSAMLSs #IB137776 | Sold | $270,300 |
Sep 28, 2013 Source: Agent Provided | Listed For Sale | $283,000 |
Oct 16, 2012 Source: Agent Provided | ListingRemoved | $297,000 |
May 3, 2012 Source: Agent Provided | PriceChange | $297,000 Price decreased by 1% |
Jan 17, 2012 Source: Agent Provided | PriceChange | $299,000 Price decreased by 8% |
Aug 27, 2011 Source: Agent Provided | PriceChange | $325,000 Price decreased by 7% |
Jul 16, 2011 Source: Agent Provided | PriceChange | $348,000 Price decreased by 1% |
May 11, 2011 Source: Agent Provided | Listed For Sale | $350,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $650,000 |
Home facts updated by county records
Market trends in Ithaca
Last updated August 2026
Avg. sale price
$464K
$57.87KMoM
Sale-to-List Price
99.0%
0.2%MoM
Price per sq ft
$230
$1MoM
Available listings
151
6MoM
Around this home
What Locals Say about East Ithaca
At least 2 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say it's quiet
100 % Say car is needed
100 % Say parking is easy
83 % Say there's holiday spirit
83 % Say there are sidewalks
83 % Say yards are well-kept
80 % Say it's walkable to restaurants
67 % Say kids play outside
63 % Say people would walk alone at night
57 % Say it's walkable to grocery stores
50 % Say there's wildlife
50 % Say they plan to stay for at least 5 years
50 % Say streets are well-lit
44 % Say neighbors are friendly
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Frequently asked questions about 118 Park Ln
- What is 118 Park Ln estimated to be worth?Trulia's estimated value for 118 Park Ln in Ithaca, NY is $625,100.
- What is the price history for 118 Park Ln?118 Park Ln in Ithaca, NY last sold for $625,000 in August 2026.
- Is Ithaca a buyer's or seller's market?Ithaca is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Ithaca?The median sale price in Ithaca is $464K. That is up $57.87K from the prior month.
- Does 118 Park Ln have air conditioning?Yes, 118 Park Ln in Ithaca, NY has air conditioning.
- Is there a virtual tour of 118 Park Ln?Yes, a virtual tour of 118 Park Ln in Ithaca, NY is available.