NOT LISTED FOR SALE

105 Westbourne Ln Ithaca, NY 14850

Cornell Heights Neighborhood

Estimated Value: $1,900,345

15 Beds
4 Baths
9,000 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $1,500,000 $167 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,121/month

60 Days on Market

Highlights

  • 1 Acre Lot
  • Cathedral Ceiling
  • 1 Fireplace
  • Cayuga Heights Elementary School Rated A-
  • Wood Flooring
  • Home Office

About This Home

As of September 2021

Iconic & stately purpose built 1927 Cornell Fraternity House. Beautiful timber beams, wainscoting, slate roof, period finishes. Chapter room is centered around a striking fireplace & has huge windows on three side making it simultaneously warm, cozy & light filled. Library highlighted with built-in books shelves & 12' custom bench. Gallery windows capture views across the huge 2nd floor sun filled porch known as the beach. 15 bedrooms, legal for 28 occupants. House has had nearly 100 years of active use, but continues to wear it well. Large commercial kitchen, dining room, pub room, pantry & caretaker's rooms complete the lower level. Up-to-date sprinkler, fire alarm & other safety systems. Compliant w/all inspection by the City & Fire Department. Open corner 1 acre lot offers about 20 parking spaces, circular front driveway & large yard.

Last Agent to Sell the Property

Allison Hogue

Warren Real Estate of Ithaca Inc. Brokerage Email: aahogue@gmail.com License #10301218831 Listed on: 06/04/2021

Last Buyer's Agent

Jill Burlington

Warren Real Estate of Ithaca Inc. License #30BU0950986

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 1

Home Design

  • Block Foundation
  • Frame Construction
  • Slate Roof
  • Tile Roof
  • Stucco
  • Cedar

Interior Spaces

  • 9,000 Sq Ft Home
  • Cathedral Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Home Office
  • Library

Kitchen

  • Double Convection Oven
  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Garage
  • Parking Available
  • Common or Shared Parking
  • Circular Driveway
  • Shared Driveway
  • On-Street Parking
  • Off-Site Parking

Outdoor Features

  • Patio
  • Shed

Schools

  • Cayuga Heights Elementary School
  • Boynton Middle School

Utilities

  • Hot Water Heating System
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • 1 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 8.-2-1

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Lot Size: 207X
  • Directions: Corner of Highland and Wycoff, Cornell Heights
  • Architectural Style: Other
  • Efficiency: Windows
  • Year Built: 1927
  • Attribution Contact: aahogue@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Convection Oven, Double Oven, Dryer, Exhaust Fan, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, See Remarks, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 15
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Varies, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Den, Entrance Foyer, Home Office, Kitchen Island, Other, See Remarks
  • Living Area: 9000.0
  • Dining Room Type: Office, Den, Entry/Foyer, Library

Exterior Features

  • Construction Type: Cedar, Frame, Stucco
  • Exterior Features: Patio
  • Foundation Details: Block
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Patio
  • Roof: Slate, Tile

Garage/Parking

  • Parking Features: Common, Concrete, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces, Circular Driveway, Shared Driveway

Utilities

  • Heating: Hot Water
  • 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
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 8.-2-1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2022
Sold by
Alphachapter Holdings Llc
Bought by
Alpha Light Fund Inc
Current Estimated Value
$1,900,345

Purchase Details

Listed on
Jun 4, 2021
Closed on
Sep 2, 2021
Sold by
Scorpion Fraternity Inc
Bought by
Alphachapter Holdings Llc
Seller's Agent
Allison Hogue
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Alpha Light Fund Inc -- None Available
Alphachapter Holdings Llc $1,500,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $1,500,000 -9.1% $167 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,650,000 -- $183 / 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 $13,978 $690,000 $135,000 $555,000
2023 $15,310 $690,000 $135,000 $555,000
2022 $25,046 $690,000 $135,000 $555,000
2021 $25,046 $690,000 $135,000 $555,000
2020 $15,762 $690,000 $135,000 $555,000
2019 $3,534 $630,000 $135,000 $495,000
2018 $15,077 $630,000 $135,000 $495,000
2017 $495 $575,000 $100,000 $475,000
2016 $14,280 $575,000 $100,000 $475,000
2015 -- $525,000 $100,000 $425,000
2014 -- $525,000 $100,000 $425,000
Source: Public Records

Agents Affiliated with this Home

  • Allison Hogue

    Seller's Agent in 2021

    Allison Hogue

    Warren Real Estate of Ithaca Inc.

    (607) 342-4065

    1 in this area

    108 Total Sales

    Allison Hogue
    Section Image
  • Jill Burlington

    Buyer's Agent in 2021

    Jill Burlington

    Warren Real Estate of Ithaca Inc.

    (607) 592-0474

    9 in this area

    299 Total Sales

    Jill Burlington
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB404575

APN: 500700-008-000-0002-001-000-0000

New York Tompkins County Ithaca 14850 Cornell Heights

105 Westbourne Ln, Ithaca, NY

Not Listed for Sale

Detached

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