Great opportunity to own a piece of downtown Ithaca AND have a big portion of your mortgage paid! Lovely cape cod features gleaming HW floors throughout house w/ the kitchen sporting marmoleum floors. Downstairs has a huge LR, formal DR, eat-in kitchen w/ butcher block island, & 1st floor small bedroom or office. Upstairs 2 BRs & 1 BA. Bring the outdoors in w/ a massive enclosed front porch PLUS a 3 season sunroom in the back. Downstairs is a walk-out studio apartment which historically rents $600 month. Separate utilities! You will rarely find a HUGE yard like this & it even has apple trees!
Single-familyProperty Type
1925Year Built
0.34 acresLot Size
$258Est. Price/Sq.Ft.
Listing by Grace Petrisin• Warren Real Estate of Ithaca Inc. (Downtown)
Opportunity knocks! Charming downtown Cape sits on 300 ft deep lot with a lower level 1 bedroom apartment to help with your mortgage. Lots of windows create an inviting home. Hardwood floors throughout and a wonderfully bright kitchen. Sweet 2 bedrooms upstairs with tiled shower/bath. Smaller bedroom downstairs perfect office/guest space. Screened in front and back porches. 2012 HE furnace and Hot Water Heater. Newer 6 inch gutters and drainage work around perimeter. Huge back yard with lots of garden space! Plenty of off street parking. Walk to Buttermilk Falls!
Public Records
Jun 5, 2007
Sold
$113,500
$82/sq ft
Public Records
May 22, 2000
Sold
$75,500
$55/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$6,180
$54,800 + $245,200
$300,000
2025
$6,180 (+2.3%)
$54,800 + $245,200
$300,000
2024
$6,042 (+3.3%)
$54,800 + $245,200
$300,000
2023
$5,846 (−31.3%)
$54,800 + $209,200
$264,000
2022
$8,513 (+8.0%)
$54,800 + $185,200
$240,000
2021
$7,883 (+52.9%)
$54,800 + $165,200
$220,000
2020
$5,157 (−1.1%)
$54,800 + $165,200
$220,000
2019
$5,215 (−1.0%)
$54,800 + $165,200
$220,000
2018
$5,267 (+21.8%)
$54,800 + $165,200
$220,000
2017
$4,323 (−0.9%)
$54,800 + $165,200
$220,000
2016
$4,362 (+40.9%)
$33,200 + $141,800
$175,000
2015
$3,097 (−26.1%)
$33,200 + $141,800
$175,000
2014
$4,188
$33,200 + $86,800
$120,000
Tax history for 560 Spencer Rd
Year
Property tax
Land + Additions
Assessment*
2026
$6,180
$54,800 + $245,200
$300,000
2025
$6,180 (+2.3%)
$54,800 + $245,200
$300,000
2024
$6,042 (+3.3%)
$54,800 + $245,200
$300,000
2023
$5,846 (−31.3%)
$54,800 + $209,200
$264,000
2022
$8,513 (+8.0%)
$54,800 + $185,200
$240,000
2021
$7,883 (+52.9%)
$54,800 + $165,200
$220,000
2020
$5,157 (−1.1%)
$54,800 + $165,200
$220,000
2019
$5,215 (−1.0%)
$54,800 + $165,200
$220,000
2018
$5,267 (+21.8%)
$54,800 + $165,200
$220,000
2017
$4,323 (−0.9%)
$54,800 + $165,200
$220,000
2016
$4,362 (+40.9%)
$33,200 + $141,800
$175,000
2015
$3,097 (−26.1%)
$33,200 + $141,800
$175,000
2014
$4,188
$33,200 + $86,800
$120,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
1.5
Lot width
50 ft.
Lot depth
300 ft.
Lot size
0.34 Acres
Year renovated
—
Sq. Ft.
1,380
Year built
1925
Style
Multi-Family (2-4 Unit)
County
Tompkins County
APN
500700A12500000020050000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: No Garage
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Heating & Cooling
Has Heating
Heating: Electric, Baseboard, Forced Air, Natural Gas
Interior Features
Interior Features: Eat-in Kitchen
Appliances: Dryer, Gas Oven, Gas Range, Refrigerator, Washer