NOT LISTED FOR SALE

1040 Glenwood Rd Ithaca, NY 14850

Estimated Value: $767,000 - $886,000

3 Beds
2.5 Baths
2,478 Sq Ft
$343/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $785,000 $317 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,460/month

50 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Den
  • Boynton Middle School Rated A-
  • Private Yard
  • Formal Dining Room

About This Home

As of November 2023

A lake view from every room in the house!

This year-round home offers peaceful living and is surrounded by nature and is situated above beautiful Cayuga Lake. This well-designed home has a spacious open floor plan with living room, a gas fireplace, dining room and kitchen - All opening to a huge front deck facing the water. Fully equipped kitchen with a work island. Cozy family room/den could be used as a fourth bedroom. Main floor half bath and laundry. Circular stairway connects to the three bedrooms and two full renovated bathrooms. There is an open study area suitable for a home office. The two car garage offers ample storage and a work bench area. Many outdoor spaces for entertaining on the main deck. Two private patios and an area ready to install a hot tub. Owners have taken meticulous care of this gem of a house. Just a short distance to the Yacht Club and docks for your summer enjoyment.

Last Agent to Sell the Property

Marilynn Reycroft

Warren Real Estate of Ithaca Inc. License #30RE0472557 Listed on: 08/17/2023

Last Buyer's Agent

Julia Louis

Warren Real Estate of Ithaca Inc. (Downtown) License #10401332257

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,955

Year Built

  • Built in 1989

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 274x205
  • Irregular Lot
  • Private Yard

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2,478 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

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

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Schools

  • Enfield Elementary School

Utilities

  • Zoned Heating
  • The river is a source of water for the property
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 503689-030-000-0003-003-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,955

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Lot Size: 274X205
  • Directions: Taughannock Blvd. to Glenwood Road that has sign for the Ithaca Yacht Club. House on the right.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1989
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2
  • Year Built: 1989

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Varies, Vinyl
  • Interior Amenities: Den, Separate/Formal Dining Room, Kitchen Island
  • Living Area: 2478.0
  • Main Level Bathrooms: 1
  • Dining Room Type: Laundry, Den
  • Stories: 2

Exterior Features

  • Lot Features: Irregular Lot
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Gravel Driveway, Patio, Private Yard, See Remarks
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Open, Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Electricity, Storage, Workshop in Garage, Garage Door Opener

Utilities

  • Laundry Features: Main Level
  • Cooling: Other, See Remarks
  • Heating: Electric, Other, See Remarks, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Lake, River

Schools

  • Elementary School: Enfield
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 503689-030-000-0003-003-001-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8955.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Oct 19, 2023
Sold by
Stewart Ft and Stewart
Bought by
Pamela Louise Smith Ret and Horowitz
Seller's Agent
Marilynn Reycroft
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Julia Louis
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$675,000
Sold Price
$785,000
Premium/Discount to List
$110,000
16.3%
Current Estimated Value
$849,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,083
Avg. Annual Appreciation
-4.30%

Purchase Details

Closed on
Feb 10, 2014
Sold by
Stewart Jr. John S
Bought by
Stewart John And Judith As Trustees Of The
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
Pamela Louise Smith Ret $785,000 None Available
Stewart John And Judith As Trustees Of The -- Kimberly N. Rothman
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $785,000 +16.3% $317 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $675,000 -- $272 / 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 $10,002 $785,000 $64,600 $720,400
2023 $10,002 $416,000 $64,600 $351,400
2022 $9,495 $378,000 $64,600 $313,400
2021 $9,024 $350,000 $67,300 $282,700
2020 $8,991 $350,000 $67,300 $282,700
2019 $8,620 $350,000 $67,300 $282,700
2018 $8,413 $320,000 $33,700 $286,300
2017 $8,589 $320,000 $33,700 $286,300
2016 $8,128 $320,000 $33,700 $286,300
2015 -- $370,000 $33,700 $336,300
2014 -- $320,000 $30,500 $289,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Marilynn Reycroft

    Warren Real Estate of Ithaca Inc.

    Section Image

  • J

    Buyer's Agent in 2023

    Julia Louis

    Warren Real Estate of Ithaca Inc. (Downtown)

    (202) 250-9638

    40 Total Sales

    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1491896

APN: 503689-030-000-0003-003-001-0000

New York Tompkins County Ithaca 14850

1040 Glenwood Rd, Ithaca, NY

This home is located at 1040 Glenwood Rd, Ithaca, NY 14850 since 17 August 2023 and is currently estimated at $849,083, approximately $342 per square foot. This property was built in 1989. 1040 Glenwood Rd is a home located in Tompkins County with nearby schools including Enfield School, Boynton Middle School, and Ithaca Senior High School.

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