NOT LISTED FOR SALE

1016 Cayuga Heights Rd Ithaca, NY 14850

Estimated Value: $479,000 - $688,757

4 Beds
2 Baths
2,560 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $855,000 $334 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $3,505/month

34 Days on Market

Highlights

  • Contemporary Architecture
  • Secluded Lot
  • Cathedral Ceiling
  • Cayuga Heights Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of November 2023

Welcome to your beautiful mid-mod home - light with large glass windows that bring the outdoors in. Open, contiguous interior spaces are perfect for entertaining. Nestled on a large, wooded lot, the upstairs unfolds to treehouse vistas. Cozy in winter with lake views, spectacular sunsets and wood burning fireplace - cool in the summer surrounded by cultured gardens - a birdwatcher’s paradise. Open kitchen with custom teak cabinetry, just steps from large stone patio for dining outdoors or gathering around a fire. Ideal location, 9 minutes from downtown and Cornell campus and 5 minutes to Triphammer shopping.

Last Agent to Sell the Property

Fayerty Cokeley

Warren Real Estate of Ithaca Inc. (Downtown) License #10401278688 Listed on: 09/06/2023

Last Buyer's Agent

Vincent Ferrara

Howard Hanna S Tier Inc License #10401330898

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,398

Year Built

  • Built in 1965

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 150x282
  • Partially Fenced Property
  • Secluded Lot
  • Irregular Lot
  • Wooded Lot
  • Private Yard

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Asphalt Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Open Floorplan
  • Home Office

Kitchen

  • Built-In Oven
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Patio
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Air Source Heat Pump
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Town/Lansing Subdivision
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 503201-043-001-0001-026-005-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,398

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.38
  • Lot Size: 150X282
  • Subdivision Name: Town/Lansing
  • Directions: north on East Shore Drive / Rte 34 toward Lansing, sharp right onto Cayuga Heights Rd at top of the hill, property will be on your right. If approaching through Cayuga Hts, beware of road work in northbound lane of Cayuga Heights Rd.
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1965
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1965

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Sump Pump
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Varies
  • Interior Amenities: Cathedral Ceiling(s), Den, Separate/Formal Living Room, Home Office, Kitchen Island, Kitchen/Family Room Combo, Living/Dining Room, Pantry, Sliding Glass Door(s), Solid Surface Counters, Programmable Thermostat
  • Living Area: 2560.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Dining Room Type: Laundry, Living Room, Office, Den, Family Room
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Lot Features: Greenbelt, Irregular Lot, Secluded, Wooded
  • Waterfront: No
  • Construction Type: Cedar, Wood Siding
  • Exterior Features: Blacktop Driveway, Fence, Patio, Private Yard, See Remarks
  • Foundation Details: Block
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Heat Pump, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 503201-043-001-0001-026-005-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19398.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Nov 1, 2023
Sold by
Hendryx Margaret D and Mullen Christina M
Bought by
Wang Yu and Li Bing
Seller's Agent
Fayerty Cokeley
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Vincent Ferrara
Howard Hanna S Tier Inc
List Price
$770,000
Sold Price
$855,000
Premium/Discount to List
$85,000
11.04%
Total Days on Market
34
Current Estimated Value
$613,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$241,414
Avg. Annual Appreciation
-11.16%
Original Mortgage
$660,000
Outstanding Balance
$647,433
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$38,717

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jun 8, 2022
Sold by
Benedict-Jones Michelle M
Bought by
Hendryx Margaret D and Mullen Christina M
Seller's Agent
Laura Fiore
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Lucy Missirian
Warren Real Estate of Ithaca Inc.
List Price
$525,000
Sold Price
$720,000
Premium/Discount to List
$195,000
37.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$655,500
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2020
Sold by
Benedict-Jones Michelle M and Jones Harris K
Bought by
Benedict-Jones Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,412
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 29, 2012
Sold by
Gottfried Kurt
Bought by
Benedict-Jones Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Wang Yu $855,000 None Available
Hendryx Margaret D $720,000 None Available
Benedict-Jones Michelle M -- None Available
Benedict-Jones Michelle M $330,000 Mark Wheeler
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Bing $660,000
Closed Wang Yu $660,000
Previous Owner Hendryx Margaret D $655,500
Previous Owner Benedict-Jones Michelle M $106,500
Previous Owner Benedict-Jones Michelle M $43,412
Previous Owner Benedict-Jones Michelle M $51,269
Previous Owner Benedict-Jones Michelle M $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $855,000 +11.0% $334 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $770,000 +6.9% $301 / Sq Ft
06/15/2022 06/15/22 Sold $720,000 +37.1% $281 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $525,000 -- $205 / 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 $2,828 $110,000 $85,300 $24,700
2023 $2,828 $110,000 $85,300 $24,700
2022 $9,804 $370,000 $76,500 $293,500
2021 $9,467 $350,000 $76,500 $273,500
2020 $8,966 $350,000 $76,500 $273,500
2019 $3,133 $350,000 $76,500 $273,500
2018 $8,547 $330,000 $76,500 $253,500
2017 $8,692 $330,000 $56,900 $273,100
2016 $8,701 $330,000 $56,900 $273,100
2015 -- $330,000 $56,900 $273,100
2014 -- $330,000 $56,900 $273,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1495778

APN: 503201-043-001-0001-026-005-0000