NOT LISTED FOR SALE

115 Eddy St Ithaca, NY 14850

Estimated Value: $615,000 - $726,000

4 Beds
3 Baths
2,806 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $630,000 $225 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,704/month

70 Days on Market

About This Home

As of June 2023

The postal address is Eddy, but the actual location is Orchard Pl, a tucked-away, private street at the edge of the CU campus. Orchard Place has seven homes that share the modest cost of road and sidewalk maintenance for just $75/year. This stately 3 story Craftsman-style home was built around 1900. The property includes the sloped and fenced green that extends to Eddy St. The wide front porch leads to a formal entry with views of the sunken living room, warmed by a woodstove insert surrounded by decorative tiles. The first 2 levels have a traditional feel with hardwood floors, and a formal dining room with pocket doors and coffered ceilings. In 1990, the former owners remodeled the attic (with permits) into a lavish private suite with cathedral ceilings, tiled bath, walk-in closet and incredible views. The laundry area is on the second floor. 2022 furnace and 2021 dishwasher. Don't miss the enclosed garden and fountain. No garage, but parking in front and behind the house.

Last Agent to Sell the Property

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: carol@carolbushberg.com License #10301223410 Listed on: 03/05/2023

Last Buyer's Agent

Vincent Ferrara

Howard Hanna S Tier Inc License #10401330898

Howard Hanna S Tier Inc

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2023
Closed on
Jun 13, 2023
Sold by
Aching Gerard
Bought by
Desa Christopher M and Wong Kairen S
Seller's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Vincent Ferrara
Howard Hanna S Tier Inc
List Price
$560,000
Sold Price
$630,000
Premium/Discount to List
$70,000
12.5%
Total Days on Market
70
Current Estimated Value
$661,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,047
Avg. Annual Appreciation
2.46%
Original Mortgage
$430,000
Outstanding Balance
$420,757
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,290

Purchase Details

Listed on
Feb 18, 2019
Closed on
May 16, 2019
Sold by
Fajans Jane
Bought by
Ferwerda James and Dudley Mary J
Seller's Agent
Jacqueline Mei
Howard Hanna S Tier Inc
Buyer's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$449,100
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2016
Sold by
Turner Terence S
Bought by
Fajans Jane

Purchase Details

Closed on
Jun 20, 1997
Source: Public Records

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Range of Values:

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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
Desa Christopher M $630,000 None Available
Ferwerda James $7,500 --
Fajans Jane -- Holmberg Anna
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desa Christopher M $430,000
Previous Owner Aching Gerald $449,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $630,000 +12.5% $225 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
03/05/2023 03/05/23 For Sale $560,000 +12.2% $200 / Sq Ft
05/13/2019 05/13/19 Sold $499,000 0.0% $189 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $499,000 -- $189 / 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 $11,926 $630,000 $94,400 $535,600
2023 $11,926 $550,000 $94,400 $455,600
2022 $17,561 $500,000 $94,400 $405,600
2021 $17,561 $500,000 $94,400 $405,600
2020 $10,945 $500,000 $94,400 $405,600
2019 $11,539 $410,000 $94,400 $315,600
2018 $9,658 $410,000 $94,400 $315,600
2017 $8,963 $370,000 $71,000 $299,000
2016 $9,046 $370,000 $71,000 $299,000
2015 -- $370,000 $71,000 $299,000
2014 -- $370,000 $71,000 $299,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB408088

APN: 500700-068-000-0007-011-000-0000