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562 Spencer Rd

Ithaca, NY 14850

3 bd 2 ba 1,373 sqft Built 1951 Lot 14,810 sqft single_family
Most recent sale
$258,000
Apr 16, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 16, 2024 Sold $258,000 IthacaNY
Feb 21, 2024 Listed $235,000 IthacaNY

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $170,200 $54,800 $225,000 $4,592
2024 $170,200 $54,800 $225,000 $1,028
2023 $130,200 $54,800 $185,000 $2,063
2022 $115,200 $54,800 $170,000 $1,847
2021 $115,200 $54,800 $170,000 $1,170
2020 $100,200 $54,800 $155,000 $2,478
2017 $100,200 $54,800 $155,000 $1,728
2016 $91,800 $33,200 $125,000 $1,489
2015 $91,800 $33,200 $125,000 $1,429
2014 $91,800 $33,200 $125,000 $1,425
2013 $101,000 $14,000 $115,000 $1,988
2012 $101,000 $14,000 $115,000 $1,699
2011 $101,000 $14,000 $115,000 $150
2010 $101,000 $14,000 $115,000 $321
2009 $101,000 $14,000 $115,000 $345

Property facts

Year built
1951
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,373 sqft
Lot size
14,810 sqft
ZIP code
14850
City
Ithaca
Street
Spencer Rd
Coordinates
42.42429, -76.51278

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,548
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 562 Spencer Rd last sell?
562 Spencer Rd most recently sold on Apr 16, 2024 for $258,000.
What is the current tax assessment for 562 Spencer Rd?
The most recent total assessment for 562 Spencer Rd (year 2025) is $225,000 with $4,592 in property tax.
How does 562 Spencer Rd's assessment compare to its last sale price?
The current assessment is 12.8% below the last sale price of $258,000.
When was 562 Spencer Rd built?
562 Spencer Rd was built in 1951.
How does 562 Spencer Rd compare to others on Spencer Rd?
We track 8 other properties on Spencer Rd. Browse the list under "Other properties on Spencer Rd" to compare beds, baths, and sale history.
What are the property facts for 562 Spencer Rd?
562 Spencer Rd is a 3 bed, 2 bath, 1,373 sqft, 14,810 sqft lot single_family.
Is 562 Spencer Rd a flip candidate?
No — 562 Spencer Rd does not appear in our flips dataset.
Is 562 Spencer Rd a tax-appeal candidate?
No — 562 Spencer Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.2%
Implied 1-yr
+0.6%
2026 Q3
$412.9K
2026 Q4
$413.6K
ZIP 14850 — Median Price History + Forecast

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