408 Lake Ave, Ithaca, NY 14850 Property Records

Tompkins County and Ithaca City property record for 408 Lake Ave, Ithaca, NY 14850

Property Summary

Property Type	Townhouse
Details	2 bd · 1.5 ba · 1,044 sqft · built 2017
Lot Size	0.03 acres (1,307 sqft)
Owner	2 Individual Names on File
Last Sale	$112,000 (Jan 2018)
Tax Bill	$2,564 (2026)
Deeds & Mortgages	Jun 2023 Sale & Mortgage Jan 2018 Sale
Flood Zone	Zone X (moderate risk)
APN	`500700 35.-3-3.5`

Property Details

APN / Parcel Number

Primary APN	`500700 35.-3-3.5`

Interior

Bedrooms	2 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Stories	2 Stories
Building Area	1,044 sqft Living Area
1st Floor Area	522 sqft
2nd Floor Area	522 sqft

Exterior

Year Built	Built 2017
Effective Year Built	Effective 2017
Architectural Style	Other
Exterior Material	Aluminum/Vinyl
Foundation Type	Raised
Lot Area	1,307 sqft (0.03 acres)
View / Lot	Waterfront
Porch	Slab
Porch Area	102 sqft

Utilities, Heating & Cooling

Heating System	Hot Water
Heating Fuel	Gas
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	408 LAKE AVE
City	ITHACA
State	NY
Zip	14850-3563
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Townhouse
Legal Block	3
Legal Lot Number	3.005
Jurisdiction	TOMPKINS NY
Township / Civil Division	ITHACA
Census Block Group	1
Census Block	1027
Census Tract	800

Owner

408 Lake Ave, a townhouse, is owned and occupied by two individuals who bought it in January 2018.

Source: Tompkins County and Ithaca City records, as of September 23, 2026

Owner of Record	2 Individual Names on File
Mailing Address	408 LAKE AVE, ITHACA, NY 14850-3563
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Life Estate

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jun 28, 2023	Deed, Transfer · Stand-Alone First Mortgage TOMPKINS COMMUNITY BANK
Jan 10, 2018	Grant Deed, Transfer NOT AVAILABLE

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jan 10, 2018 · Amount on File
Deed Sale	Jan 10, 2018 · Amount on File
Deed Document Number	2018401
Prior Transfer Date	Jan 9, 2018
Prior Transfer Doc	0000000401
Record Updated	Oct 29, 2026

June 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	TOMPKINS NY
Recording Date	Jun 28, 2023
Property Address	408 LAKE AVE, ITHACA, NY 14850-3563
Document Number	0000005427
Instrument Date	Jun 26, 2023
Instrument	2023-05427
Transaction Type	Transfer
Record Updated	Jul 25, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	114 W SENECA ST, ITHACA, NY 14850-4152

Mortgage

Document Number	0000005429
Date	Jun 28, 2023
Instrument	2023-05429

Lender

Name	TOMPKINS COMMUNITY BANK

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount on Record

January 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	TOMPKINS NY
Recording Date	Jan 10, 2018
Property Address	408 LAKE AVE, ITHACA, NY 14850-3563
Document Number	0000000401
Instrument Date	Jan 9, 2018
Instrument	401
Transaction Type	Transfer
Record Updated	Jun 26, 2019
Title Company	NOT AVAILABLE

Transaction

Amount	Amount on Record
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	408 LAKE AVE ITHACA NY 148503563, ITHACA, NY 14850-3563

Tax Assessment & Valuation

The 2026 property tax bill for 408 Lake Ave was $2,564, down 37.6% from the year before.

Source: Tompkins County and Ithaca City assessment roll, as of May 14, 2026

Property Jurisdictions

Type	Name
State	New York
County	Tompkins County
Municipality	Ithaca City
Unified School District	Ithaca City School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$2,564.00 (-37.57%)
2025	$4,107.00	$275,000 Land $35,000 Building $240,000	$275,000 Land $35,000 Building $240,000
2023	Additional exemption filed	$275,000 Land $35,000 Building $240,000	$275,000 Land $35,000 Building $240,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 408 Lake Ave in Zone X, an area of moderate flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective June 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk · 1% annual chance, depth under 1 ft
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 50 policies
Nearby Flood Policies	50 in force
Nearby Flood Claims	8 (1978–1996)
Most Recent Claim	May 1996 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 408 Lake Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 96% of New York
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ITHACA CITY serves 29,457 people · EPA ID NY5404416
Water Source	Surface water
Last State Inspection	Aug 2025
Lead	2 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Chlorine dioxide resolved · Feb 2020
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 243 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Empire Long Distance Fiber	1,000 / 100
Starlink Satellite	280 / 30

May also be available: Fiberspark, Verizon.

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