NOT LISTED FOR SALE

1020 Highland Rd Ithaca, NY 14850

Estimated Value: $466,000 - $704,000

5 Beds
3 Baths
2,170 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $478,000 $220 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,094/month

21 Days on Market

Highlights

  • Lake Front
  • Contemporary Architecture
  • Wood Flooring
  • Cayuga Heights Elementary School Rated A-
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of October 2021

In the quaint Village of Cayuga Heights and close to Cornell University, downtown Ithaca, shopping, and elementary school, this home is well maintained, thoughtfully designed, and built with quality materials. The formal entrance welcomes you to a main floor with large open rooms, warm wood floors and walls, and seasonal views of Cayuga Lake. Enjoy cooking in the bright open kitchen with a breakfast nook. Entertain in the large living room with a pellet stove fireplace, a formal dining room with bay windows and door that leads to a stone patio, and a full bath. Head up the stairs to 3 very generously sized bedrooms, a cozy 4th bedroom/office, a reading nook, and a full bath. The house has many warm wood built-in shelves and desks, cedar closets, and cubbies throughout. The dry basement has a finished one bedroom apartment with a nostalgic air of coral and sky blue and a separate outside entrance. The large yard is shaded by mature trees. So many fun outdoor possibilities!

Last Agent to Sell the Property

Hickory Lee

Warren Real Estate of Ithaca Inc. Brokerage Email: hickory@hickorylee.com License #10401311634 Listed on: 09/08/2021

Last Buyer's Agent

Susan Lustick

Warren Real Estate of Ithaca Inc. License #30LU0738088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,673

Year Built

  • Built in 1951

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 200x160
  • Lake Front
  • Partially Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,170 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Cayuga Heights Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 2.-7-4

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,673

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Lot Size: 200X160
  • Directions: From Rte 13, take Cayuga Heights Exit and turn left onto Cayuga Heights Rd, take first left onto Berkshire Rd, stay left again onto Highgate Rd, then first right turn on to Highland Rd. House is third on the right, brown with black sh
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1951
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: hickory@hickorylee.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Tile, Varies, Vinyl
  • Interior Amenities: Cedar Closet(s), Entrance Foyer, Eat-in Kitchen, Home Office
  • Living Area: 2170.0
  • Dining Room Type: Office, Entry/Foyer

Exterior Features

  • Lot Features: Wooded, Lake Front
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Patio
  • Foundation Details: Block, Poured
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Heating: Gas, Other, See Remarks, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 31799.0
  • Parcel #: 2.-7-4
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 25, 2021
Sold by
Wang Jun and Gong Wei
Bought by
Salk Rebecca M and Berne Michael H
Seller's Agent
Hickory Lee
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Susan Lustick
Warren Real Estate of Ithaca Inc.
List Price
$435,000
Sold Price
$478,000
Premium/Discount to List
$43,000
9.89%
Current Estimated Value
$632,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,458
Avg. Annual Appreciation
6.83%
Original Mortgage
$382,400
Outstanding Balance
$353,149
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$260,513

Purchase Details

Closed on
Apr 8, 2008
Sold by
Kronik Eva
Bought by
Wang Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.3%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Salk Rebecca M $478,000 None Available
Wang Jun $375,000 Eliza Mulherm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berne Michael H $382,400
Previous Owner Wang Jun $3,588
Previous Owner Wang Jun $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $478,000 +9.9% $220 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $435,000 -- $200 / 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 $19,673 $650,000 $144,300 $505,700
2023 $19,673 $650,000 $144,300 $505,700
2022 $12,699 $400,000 $144,300 $255,700
2021 $12,195 $400,000 $144,300 $255,700
2020 $11,631 $380,000 $144,300 $235,700
2019 $11,810 $380,000 $144,300 $235,700
2018 $11,796 $380,000 $144,300 $235,700
2017 $11,889 $375,000 $144,300 $230,700
2016 $11,869 $375,000 $144,300 $230,700
2015 -- $375,000 $144,300 $230,700
2014 -- $375,000 $144,300 $230,700
Source: Public Records

Agents Affiliated with this Home

  • Hickory Lee

    Seller's Agent in 2021

    Hickory Lee

    Warren Real Estate of Ithaca Inc.

    (607) 257-0666

    11 in this area

    56 Total Sales

    Section Image
  • Susan Lustick

    Buyer's Agent in 2021

    Susan Lustick

    Warren Real Estate of Ithaca Inc.

    (607) 280-1642

    22 in this area

    80 Total Sales

    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB405338

APN: 503001-002-000-0007-004-000-0000

New York Tompkins County Ithaca 14850

1020 Highland Rd, Ithaca, NY

This home is located at 1020 Highland Rd, Ithaca, NY 14850 since 08 September 2021 and is currently estimated at $613,662, approximately $282 per square foot. This property was built in 1951. 1020 Highland Rd is a home located in Tompkins County with nearby schools including Cayuga Heights Elementary School, Boynton Middle School, and Ithaca Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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