508 University Ave, Ithaca, NY 14850 Property Records

Tompkins County and Ithaca City property record for 508 University Ave, Ithaca, NY 14850

Property Summary

Property TypeApartments (5+ Units)
Details2,452 sqft · built 1975
Lot Size0.15 acres (6,534 sqft)
OwnerCompany Name on File
Last Sale$185,500 (Apr 2002)
Tax Bill$16,597 (2025)
Flood ZoneZone X (minimal risk)
APN500700 32.-2-1

Property Details

APN / Parcel Number

Primary APN500700 32.-2-1
Alternative APN
  • 070003200000020010000000

Interior

Units5 Units
Stories2 Stories
Building Area2,452 sqft Gross Area
Basement Area1,196 sqft
Finished Basement1,196 sqft

Exterior

Year BuiltBuilt 1975
Effective Year BuiltEffective 1975
Lot Area6,534 sqft (0.15 acres)
Lot Dimensions150 ft deep x 46.5 ft wide

Utilities, Heating & Cooling

Heating FuelOil
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address508 UNIVERSITY AVE
CityITHACA
StateNY
Zip14850-3884
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeR-3A
Legal Block2
Legal Lot Number1.000
JurisdictionTOMPKINS NY
Township / Civil DivisionITHACA
Census Block Group1
Census Block1004
Census Tract700

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address4088 GARRETT RD, ITHACA, NY 14850-9563
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleApr 19, 2002 · Amount on Record
Deed SaleApr 19, 2002 · Amount on Record
Prior SaleSep 27, 1996 · Amount on Record
Deed Book / Page2505 / 8230
Prior Transfer DateNov 21, 2001
Prior Transfer Doc2500008765
Record UpdatedJun 8, 2026

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateNew York
CountyTompkins County
MunicipalityIthaca City
Unified School DistrictIthaca City School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$16,597.00 (+33,771.43%)$500,000 (+8.7%) Land $65,000 Building $435,000$500,000 (+8.7%) Land $65,000 Building $435,000
2023$460,000 Land $65,000 Building $395,000$460,000 Land $65,000 Building $395,000
2020$49.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective June 17, 2025

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire RiskLow
lower than 94% of the US · lower than 91% of New York
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation at the parcel

Drinking Water

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

Water SystemITHACA CITY
serves 29,457 people · EPA ID NY5404416
Water SourceSurface water
Last State InspectionAug 2025
Lead2 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityChlorine dioxide
resolved · Feb 2020
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
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 661 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Empire Telephone Corporation/North Penn Telephone Company
Fiber
1,000 / 100
Verizon
Fiber · Fixed Wireless in parts of the area
980 / 880

May also be available: FiberSpark, T-Mobile USA.

Nearby Properties on University Ave

Nearby Streets

Search Property Records by Address or Parcel Number