$345,000
- Studio
- 2,000 sqft
505 E State St, Ithaca, NY 14850
Est. Refi. Payment $2,390/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 14, 2020 for $205,000
Home Value
Trulia Estimate
$345KSince last month
Increased$34K (+10.9%)Since last year
Increased$16K (+4.7%)Since last sale
Increased$140K (+68.2%)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 +56% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $345K |
| July 2026 | $311K |
| June 2026 | $316K |
| May 2026 | $328K |
| April 2026 | $343K |
| March 2026 | $329K |
| February 2026 | $322K |
| January 2026 | $322K |
2025 | |
2024 | |
2023 | |
2022 | |
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 |
|---|---|---|---|---|---|---|---|
0.16 | Multi-Family Home | $352,500 | 12/08/25 | 4 | 2 | 2,011 | |
0.15 | Multi-Family Home | $600,000 | 06/18/26 | 5 | - | 2,869 | |
0.34 | Multi-Family Home | $350,000 | 03/03/26 | 6 | 2.5 | 2,240 | |
0.48 | Multi-Family Home | $497,500 | 06/22/26 | 6 | 2 | 2,234 | |
0.18 | Multi-Family Home | $380,000 | 01/09/26 | 6 | 2 | 2,656 | |
0.52 | Multi-Family Home | $488,800 | 06/18/26 | 4 | 2 | 1,931 | |
0.38 | Multi-Family Home | $320,000 | 03/05/26 | 4 | 2 | 1,792 | |
0.15 | Multi-Family Home | $401,000 | 03/13/26 | 6 | 2 | 3,326 | |
0.63 | Multi-Family Home | $389,000 | 01/06/26 | 4 | 2 | 2,190 | |
0.35 | Multi-Family Home | $505,000 | 03/04/26 | 5 | 4 | 3,080 |
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 |
|---|---|---|---|---|---|---|
0.08 | $454,300 | 5 | 2 | 2,260 | Off Market | |
0.10 | $403,400 | 3 | 1.5 | 1,704 | Off Market | |
0.10 | $700,000 | 4 | 2 | 3,220 | Recently Sold | |
0.09 | $337,900 | 4 | 2.5 | 2,466 | Off Market | |
0.10 | $525,000 | 5 | 4 | 3,342 | For Sale | |
0.09 | $785,000 | 8 | 5 | 3,463 | For Sale | |
0.11 | $995,600 | 5 | 4 | 3,947 | Off Market | |
0.15 | $474,700 | 6 | 3 | 1,864 | Off Market | |
0.12 | $675,000 | 3 | - | 4,168 | For Sale | |
0.12 | - | 8 | 3 | 3,227 | Off Market | |
0.15 | $539,300 | 3 | 2.5 | 1,810 | Off Market | |
0.14 | $642,800 | 8 | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1975
Living Area
2,000 sqft
Price/Sqft
$173
About this House
Viable income property - non owner occupied - 4 bedrooms leased separately at $450/month/BR - very low vacancy ratio past 9 years. (contact listing agent.) Two full bathrooms shared - one central kitchen shared - central living room shared - finished attic space for some storage - coinop laundry in basement. On street parking. Quick downhill walk to Ithaca Commons and all downtown amenities - bus service to campuses. Shown by minimum 24 hours advanced appointments M - F. Floor plan diagrams and Occupancy Certificate in documents.
505 E State St, Ithaca, NY 14850 is a studio, 2,000 sqft multi-family built in 1975. It last sold for $205,000 on Sep 14, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $345,000, with a rent estimate of $2,371/month.
Home Details for 505 E State St
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Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Appliances & Utilities DryerMicrowaveRefrigeratorWasher |
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Exterior Home Features Roof: Asphalt |
Parking & Garage Parking Space: 1 |
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Year Built Year Built: 1975 |
Property Type / Style Property Type: Multi Family |
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Lot Area: 2099 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 14, 2020 Source: NYSAMLSs #IB402170 | Sold | $205,000 |
Jul 21, 2020 Source: Agent Provided | Pending | $215,000 |
Jun 19, 2020 Source: Agent Provided | PendingToActive | $215,000 |
Jun 16, 2020 Source: Agent Provided | Pending | $215,000 |
Jun 8, 2020 Source: Agent Provided | Listed For Sale | $215,000 |
Mar 24, 2011 Source: N/A | ListingRemoved | $235,000 |
Aug 24, 2009 Source: N/A | PriceChange | $235,000 Price increased by 1% |
Apr 6, 2009 Source: N/A | PriceChange | $233,000 Price decreased by 4% |
Jan 26, 2009 Source: N/A | PriceChange | $243,000 Price increased by 3% |
Dec 29, 2008 Source: N/A | PriceChange | $237,000 Price decreased by 11% |
Oct 21, 2008 Source: N/A | PriceChange | $267,000 Price increased by 24% |
Sep 22, 2008 Source: N/A | Listed For Sale | $215,000 |
Market trends in Ithaca
Last updated July 2026
Avg. sale price
$406K
$17.33KMoM
Sale-to-List Price
99.2%
1.1%MoM
Price per sq ft
$228
$6MoM
Available listings
145
2MoM
Around this home
What Locals Say about Ithaca
At least 179 Trulia users voted on each feature.
92 % Say it's dog friendly
81 % Say car is needed
79 % Say there's wildlife
76 % Say parking is easy
73 % Say people would walk alone at night
64 % Say yards are well-kept
62 % Say kids play outside
60 % Say it's quiet
59 % Say neighbors are friendly
58 % Say there are sidewalks
56 % Say there's holiday spirit
54 % Say it's walkable to restaurants
49 % Say they plan to stay for at least 5 years
45 % Say it's walkable to grocery stores
43 % Say streets are well-lit
39 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 505 E State St
- What is 505 E State St estimated to be worth?Trulia's estimated value for 505 E State St in Ithaca, NY is $345,000.
- What is the price history for 505 E State St?505 E State St in Ithaca, NY last sold for $205,000 in September 2020.
- 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 $406K. That is up $17.33K from the prior month.
- Does 505 E State St have laundry facilities?Yes, 505 E State St in Ithaca, NY has in-unit laundry.
- Does 505 E State St have parking?Yes, 505 E State St in Ithaca, NY has on-site parking.