NOT LISTED FOR SALE

108 Drake Rd Lansing, NY 14882

Estimated Value: $855,000 - $1,268,000

3 Beds
3.5 Baths
3,810 Sq Ft
$280/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $725,000 $190 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,680/month

100 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • 15.46 Acre Lot
  • Raymond C. Buckley Elementary School Rated A-
  • Barn
  • Deck

About This Home

As of June 2020

This home is located at 108 Drake Rd, Lansing, NY 14882 since 06 February 2020 and is currently estimated at $1,067,407, approximately $280 per square foot. This property was built in 2003. 108 Drake Rd is a home located in Tompkins County with nearby schools including Raymond C. Buckley Elementary School, Lansing Middle School, and Lansing High School.

Last Agent to Sell the Property

Sarah Wisdorf

Ithaca Board Reciprocal/Non-member Brokerage Email: ibr@ithacarealtors.com Listed on: 02/06/2020

Last Buyer's Agent

Kathleen Markowski

Warren Real Estate of Ithaca Inc. License #30MA0818780

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 15.46 Acre Lot
  • Lake Front
  • Partially Fenced Property
  • Partially Wooded Lot

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,810 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Loft
  • Workshop
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • Detached Garage
  • Circular Driveway

Outdoor Features

  • Beach Access
  • Deck
  • Outbuilding

Schools

  • Raymond C Buckley Elementary School

Utilities

  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 503289 36.-1-11.5

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 15.46
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 2003
  • Attribution Contact: ibr@ithacarealtors.com
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Varies
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Eat-in Kitchen, Kitchen Island, Loft, Workshop
  • Living Area: 3810.0
  • Dining Room Type: Loft, Workshop

Exterior Features

  • Fencing: Partial
  • Lot Features: Wooded, Lake Front
  • Waterfront Features: Beach Access, Lake Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Fence, Propane Tank - Owned
  • Foundation Details: Poured
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached, Garage, Circular Driveway

Utilities

  • Heating: Propane, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Well

Schools

  • Elementary School: Raymond C Buckley Elementary
  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 673438.0
  • Parcel #: 503289 36.-1-11.5
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Jun 11, 2020
Sold by
Coates Kendall S and Coates Michelle H
Bought by
Wolf Christopher A and Trottier Nathalie L
Seller's Agent
Sarah Wisdorf
Ithaca Board Reciprocal/Non-member
Buyer's Agent
Kathleen Markowski
Warren Real Estate of Ithaca Inc.
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$1,067,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,407
Avg. Annual Appreciation
7.25%
Original Mortgage
$688,750
Outstanding Balance
$610,524
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$456,883

Purchase Details

Closed on
Nov 30, 2001
Sold by
Farkas Martin E
Bought by
Farkas Carol M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wolf Christopher A $483,333 None Available
Farkas Carol M -- --
Farkas Martin E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Christopher A $688,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $725,000 0.0% $190 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $725,000 -- $190 / 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 $24,835 $975,000 $166,800 $808,200
2023 $23,425 $830,000 $166,800 $663,200
2022 $22,003 $736,000 $166,800 $569,200
2021 $21,985 $715,000 $166,800 $548,200
2020 $16,345 $535,000 $166,800 $368,200
2019 $5,561 $535,000 $166,800 $368,200
2018 $16,191 $535,000 $166,800 $368,200
2017 $14,386 $500,000 $156,800 $343,200
2016 $14,304 $500,000 $156,800 $343,200
2015 -- $475,000 $156,800 $318,200
2014 -- $475,000 $156,800 $318,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB403274

APN: 503289-036-000-0001-011-005-0000