NOT LISTED FOR SALE

1022 Cayuga Heights Rd Ithaca, NY 14850

Estimated Value: $544,765 - $678,000

5 Beds
2.5 Baths
2,649 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $455,000 $172 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,195/month

52 Days on Market

Highlights

  • Lake Front
  • Deck
  • Ranch Style House
  • Cayuga Heights Elementary School Rated A-
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of December 2021

This is a gorgeous and versatile home in the most perfect location with beautiful 3 season lake views to top it all off! Currently zoned as a 2 family home, but can be used as a much larger single family if that is your preference. The main house is all easily accessible on the main floor, walk into a large and open living/dining area w/ fireplace and hardwood floors. Off of this is a covered deck to check out the views! The main floor also features a partially updated kitchen, 3 large bedrooms, a full bathroom with updated shower, a 1/2 bath, and an office (could be 4th bedroom if desired). The lower level features a 2 bedroom, walk-out apartment with great light, that can be shut off from the house or just open the interior door to make part of the main living space. There's also a large unfinished portion of the basement for workshop or storage, plus the attached 2 car garage. This property has been in the same family since it was built and has been extremely well cared for.

Last Agent to Sell the Property

Grace Petrisin

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: gpetrisin@gmail.com License #10401252123 Listed on: 09/29/2021

Last Buyer's Agent

Kyle Gebhart

Warren Real Estate of Ithaca Inc. (Downtown) License #10401269082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,858

Year Built

  • Built in 1965

Lot Details

  • 1.04 Acre Lot
  • Lake Front
  • Partially Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,649 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Home Office
  • Attic Fan
  • Finished Basement

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Patio

Schools

  • Cayuga Heights Elementary School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 503201 43.1-1-26.2

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,858

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.04
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1965
  • Attribution Contact: gpetrisin@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Tile, Varies
  • Interior Amenities: Entrance Foyer, Home Office, Main Level Primary
  • Living Area: 2649.0
  • 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: Deck, Patio
  • Foundation Details: Other, See Remarks
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Cooling: Attic Fan
  • Heating: Gas, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 45302.0
  • Parcel #: 503201 43.1-1-26.2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 20, 2021
Sold by
Foster William D and Foster Patricia L
Bought by
Dobson Julia and Prince Luke
Seller's Agent
Grace Petrisin
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Kyle Gebhart
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$389,900
Sold Price
$455,000
Premium/Discount to List
$65,100
16.7%
Current Estimated Value
$593,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,191
Avg. Annual Appreciation
6.76%
Original Mortgage
$358,400
Outstanding Balance
$330,431
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,255

Purchase Details

Closed on
Jan 11, 2016
Sold by
Estate Lois J Foster
Bought by
Foster William
Source: Public Records

Range of Values:

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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
Dobson Julia $455,000 None Available
Foster William -- Tavelli Paul
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dobson Julia $358,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $455,000 +16.7% $172 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $389,900 -- $147 / 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 $11,858 $470,000 $68,600 $401,400
2023 $11,858 $455,000 $68,600 $386,400
2022 $9,584 $400,000 $68,600 $331,400
2021 $7,395 $270,000 $70,200 $199,800
2020 $7,374 $270,000 $70,200 $199,800
2019 $2,491 $270,000 $70,200 $199,800
2018 $6,120 $220,000 $70,200 $149,800
2017 $6,220 $220,000 $50,200 $169,800
2016 $6,507 $220,000 $50,200 $169,800
2015 -- $220,000 $50,200 $169,800
2014 -- $220,000 $50,200 $169,800
Source: Public Records

Agents Affiliated with this Home

  • Grace Petrisin

    Seller's Agent in 2021

    Grace Petrisin

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 592-9335

    2 in this area

    115 Total Sales

    Grace Petrisin
    Section Image

  • K

    Buyer's Agent in 2021

    Kyle Gebhart

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 319-1392

    9 in this area

    128 Total Sales

    Kyle Gebhart
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB405458

APN: 503201-043-001-0001-026-002-0000

New York Tompkins County Ithaca 14850

1022 Cayuga Heights Rd, Ithaca, NY

This home is located at 1022 Cayuga Heights Rd, Ithaca, NY 14850 since 29 September 2021 and is currently estimated at $593,191, approximately $223 per square foot. This property was built in 1965. 1022 Cayuga Heights Rd is a home located in Tompkins County with nearby schools including Cayuga Heights Elementary School, Boynton Middle School, and Ithaca Senior High School.

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