NOT LISTED FOR SALE

1 Settlement Way Ithaca, NY 14850

Estimated Value: $475,541 - $579,000

4 Beds
3.5 Baths
2,608 Sq Ft
$198/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $359,000 $138 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,593/month

163 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 1 Fireplace
  • DeWitt Middle School Rated A-
  • Partially Wooded Lot
  • Skylights

About This Home

As of March 2021

Lovely 4 bedroom/3.5 bath Colonial style home with bonus apartment/in-law suite with separate outside entrance. Located on a private wooded lot on a cul de sac in Peregrine Hollow Subdivision. Featuring gleaming hardwood floors throughout the first floor as well as the lower level. New stainless steel appliances and skylights in the kitchen. Open floor plan allows the space to flow and a versatile layout gives ample ways to make it your own. Laundry hook ups on second floor as well as the lower level. 2 car attached garage and deck off the living room. Existing municipal services. Close proximity to East Hill, Cornell University, and a short drive to downtown Ithaca.

Last Agent to Sell the Property

Jill Burlington

Warren Real Estate of Ithaca Inc. Brokerage Email: jill@warrenhomes.com License #30BU0950986 Listed on: 09/10/2020

Last Buyer's Agent

Karen Eldredge

Howard Hanna S Tier Inc License #10491206761

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.37 Acre Lot
  • Partially Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,608 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Library

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Shed

Schools

  • Caroline Elementary School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 502489 69.-2-23.43

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Directions: From Ithaca, travel East on Rte-79, turn left onto Honness Lane, turn left onto Pine Tree Rd, turn right onto Snyder Hill Rd, turn right onto Peregrine Way, turn right onto Settlement Rd, first house on the left.
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 2001
  • Attribution Contact: jill@warrenhomes.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Finished, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Varies
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Skylights
  • Living Area: 2608.0
  • Dining Room Type: Library
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Poured
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Other, See Remarks, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Other, See Remarks, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 16117.0
  • Parcel #: 502489 69.-2-23.43
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Mar 22, 2021
Sold by
Fabbroni Lawrence P and Fabbroni Elizabeth H
Bought by
Kruttli Mathias and Watugala Sumudu
Seller's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Karen Eldredge
Howard Hanna S Tier Inc
List Price
$385,000
Sold Price
$359,000
Premium/Discount to List
-$26,000
-6.75%
Current Estimated Value
$516,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,385
Avg. Annual Appreciation
7.92%
Original Mortgage
$287,200
Outstanding Balance
$254,293
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,092

Purchase Details

Closed on
Jun 7, 2001
Sold by
Todd Welch Construction
Bought by
Fabbroni Lawrence P

Purchase Details

Closed on
May 3, 2001
Sold by
Baker James A -Referee
Bought by
Todd Welch Construction and Rms Gravel Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kruttli Mathias $359,000 None Available
Fabbroni Lawrence P $85,000 Michael Yehl
Todd Welch Construction $113,600 Dick Galbraith
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kruttli Mathias $287,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $359,000 -6.8% $138 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
09/10/2020 09/10/20 For Sale $385,000 -- $148 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,649 $430,000 $14,200 $415,800
2023 $10,319 $378,000 $14,200 $363,800
2022 $9,240 $360,000 $14,200 $345,800
2021 $7,563 $290,000 $14,200 $275,800
2020 $7,541 $290,000 $14,200 $275,800
2019 $3,229 $290,000 $14,200 $275,800
2018 $7,192 $265,000 $14,200 $250,800
2017 $7,258 $265,000 $17,900 $247,100
2016 $7,332 $265,000 $17,900 $247,100
2015 -- $230,000 $17,900 $212,100
2014 -- $230,000 $17,900 $212,100
Source: Public Records

Agents Affiliated with this Home

  • Jill Burlington

    Seller's Agent in 2021

    Jill Burlington

    Warren Real Estate of Ithaca Inc.

    (607) 592-0474

    22 in this area

    299 Total Sales

    Jill Burlington
    Section Image
  • Karen Eldredge

    Buyer's Agent in 2021

    Karen Eldredge

    Howard Hanna S Tier Inc

    (607) 257-0800

    17 in this area

    103 Total Sales

    Karen Eldredge
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB402929

APN: 502489-069-000-0002-023-043-0000

New York Tompkins County Ithaca 14850

1 Settlement Way, Ithaca, NY

Not Listed for Sale

Detached

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