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409 Thomas Rd

Ithaca, NY 14850

2 bd 1 ba 1,308 sqft Built 1980 Lot 108,029 sqft single_family
Most recent sale
$164,900
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2025 Sold $133,450 Public Record
Aug 16, 2022 Sold $164,900 MLS #406136
Apr 20, 2022 Price changed $164,900 MLS #406136
Apr 8, 2022 Listed $174,900 MLS #406136
May 19, 2017 Sold $68,000 MLS #95586
Jan 23, 2009 Sold $155,000 Public Record
Jan 23, 2009 Listed $167,000 MLS #127600
Jun 22, 2000 Listed $69,999 MLS #95586
Jun 22, 2000 Sold $67,000 Public Record
Aug 2, 1993 Sold $70,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $137,000 $38,000 $175,000 $4,403
2024 $137,000 $38,000 $175,000 $4,427
2023 $122,000 $38,000 $160,000 $4,440
2022 $122,000 $38,000 $160,000 $3,941
2021 $122,000 $38,000 $160,000 $4,082
2020 $122,000 $38,000 $160,000 $3,930
2019 $122,000 $38,000 $160,000 $3,964
2018 $124,100 $35,900 $160,000 $3,920
2017 $124,100 $35,900 $160,000 $3,956
2016 $127,000 $33,000 $160,000 $3,992
2015 $127,000 $33,000 $160,000 $3,761
2014 $117,000 $33,000 $150,000 $3,605
2013 $117,000 $33,000 $150,000 $3,560
2012 $117,000 $33,000 $150,000 $3,574
2011 $117,000 $33,000 $150,000 $3,505
2010 $117,000 $33,000 $150,000 $3,402

Property facts

Year built
1980
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,308 sqft
Lot size
108,029 sqft
ZIP code
14850
City
Ithaca
Street
Thomas Rd
Coordinates
42.42130, -76.38543

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
$989
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 409 Thomas Rd last sell?
409 Thomas Rd most recently sold on Aug 16, 2022 for $164,900.
What is the current tax assessment for 409 Thomas Rd?
The most recent total assessment for 409 Thomas Rd (year 2025) is $175,000 with $4,403 in property tax.
How does 409 Thomas Rd's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $164,900.
When was 409 Thomas Rd built?
409 Thomas Rd was built in 1980.
How does 409 Thomas Rd compare to others on Thomas Rd?
We track 8 other properties on Thomas Rd. Browse the list under "Other properties on Thomas Rd" to compare beds, baths, and sale history.
What are the property facts for 409 Thomas Rd?
409 Thomas Rd is a 2 bed, 1 bath, 1,308 sqft, 108,029 sqft lot single_family.
Is 409 Thomas Rd a flip candidate?
No — 409 Thomas Rd does not appear in our flips dataset.
Is 409 Thomas Rd a tax-appeal candidate?
No — 409 Thomas 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
+3.8%
Implied 1-yr
+15.0%
2026 Q3
$450K
2026 Q4
$463.6K
ZIP 14850 — Median Price History + Forecast

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