NOT LISTED FOR SALE

113 Homestead Rd Ithaca, NY 14850

Bryant Park and Belle Sherman Neighborhood

Estimated Value: $506,000 - $524,000

3 Beds
2.5 Baths
2,548 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 18, 2023

Last sale price $406,597 $160 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,358/month

37 Days on Market

Highlights

  • Deck
  • Raised Ranch Architecture
  • 1 Fireplace
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Home Office

About This Home

As of April 2023

Rare opportunity in prime location: Updated, open-plan mid-century home in Belle Sherman This 3 bed/2.5 bath home is nestled on a quiet street just minutes from Belle Sherman Elementary, downtown, Cornell University. Situated on a large lot, this home offers a split level floor plan with ample opportunity to enjoy the home. The upstairs showcases an open floor plan centered around the family room with a fireplace and built-ins, large kitchen, a formal dining room and office. The fully finished lower level has walkout access complete with a spacious living room w/ fireplace, a half bath and laundry, and large private den. From wainscoting, wood floors, and hand crafted built-ins, this property has no shortage of potential! Near 6 Mile Creek wildflower preserve and popular East Hill pedestrian/bike trail.

Last Agent to Sell the Property

Jill Burlington

Warren Real Estate of Ithaca Inc. Brokerage Email: jill@warrenhomes.com License #30BU0950986 Listed on: 02/10/2023

Last Buyer's Agent

Fayerty Cokeley

Warren Real Estate of Ithaca Inc. (Downtown) License #10401278688

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.3

Parking

  • 1 Car Garage

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,548 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

  • Belle Sherman Elementary School

Utilities

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

Additional Features

  • Energy-Efficient Windows
  • Deck
  • 0.3 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 500700 86.-3-5

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 136X
  • Directions: From Ithaca take East State Street then turn right onto Woodcrest Avenue. After that, turn left onto Homestead Terrace. The destination should be on your left.
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1960
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: jill@warrenhomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Varies
  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Home Office
  • Living Area: 2548.0
  • Dining Room Type: Office, Entry/Foyer

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

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

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 500700 86.-3-5
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Apr 18, 2023
Sold by
Abyaneh Zohreh N
Bought by
Ambikapathi Ramya and Kelley Christopher
Seller's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Fayerty Cokeley
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$389,900
Sold Price
$406,597
Premium/Discount to List
$16,697
4.28%
Current Estimated Value
$515,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,486
Avg. Annual Appreciation
9.05%
Original Mortgage
$316,500
Outstanding Balance
$307,784
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$207,299

Purchase Details

Listed on
Sep 6, 2012
Closed on
Feb 6, 2013
Sold by
Arnold Lorraine M
Bought by
Abyanch Zohreh Nikkah
Seller's Agent
Susan Lustick
Warren Real Estate of Ithaca Inc.
List Price
$197,500
Sold Price
$175,000
Premium/Discount to List
-$22,500
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$130,000
Interest Rate
3.38%
Mortgage Type
Unknown
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
Ambikapathi Ramya $406,597 None Available
Abyanch Zohreh Nikkah $175,000 Pagano Anthony
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambikapathi Ramya $316,500
Previous Owner Abyanch Zohreh Nikkah $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2023 04/18/23 Sold $406,597 +4.3% $160 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $389,900 +122.8% $153 / Sq Ft
02/06/2013 02/06/13 Sold $175,000 -11.4% $71 / Sq Ft View Prior Sale
01/07/2013 01/07/13 Pending -- -- --
09/06/2012 09/06/12 For Sale $197,500 -- $80 / 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 $8,017 $405,000 $92,000 $313,000
2023 $8,114 $373,000 $92,000 $281,000
2022 $11,352 $345,000 $92,000 $253,000
2021 $10,595 $300,000 $92,000 $208,000
2020 $6,932 $300,000 $92,000 $208,000
2019 $6,031 $300,000 $92,000 $208,000
2018 $7,083 $300,000 $92,000 $208,000
2017 $4,870 $200,000 $49,900 $150,100
2016 $4,915 $200,000 $49,900 $150,100
2015 -- $180,000 $49,900 $130,100
2014 -- $180,000 $49,900 $130,100
Source: Public Records

Agents Affiliated with this Home

  • Jill Burlington

    Seller's Agent in 2023

    Jill Burlington

    Warren Real Estate of Ithaca Inc.

    (607) 592-0474

    7 in this area

    298 Total Sales

    Jill Burlington
    Section Image

  • F

    Buyer's Agent in 2023

    Fayerty Cokeley

    Warren Real Estate of Ithaca Inc. (Downtown)

    Section Image
  • Susan Lustick

    Seller's Agent in 2013

    Susan Lustick

    Warren Real Estate of Ithaca Inc.

    (607) 280-1642

    2 in this area

    80 Total Sales

    Susan Lustick
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB408103

APN: 500700-086-000-0003-005-000-0000

New York Tompkins County Ithaca 14850 Bryant Park and Belle Sherman

113 Homestead Rd, Ithaca, NY

Not Listed for Sale

Detached

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