NOT LISTED FOR SALE

116 Drew Rd Ithaca, NY 14850

Estimated Value: $240,000 - $328,000

2 Beds
1 Bath
946 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $300,000 $317 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,866/month

70 Days on Market

Highlights

  • Secluded Lot
  • Wood Flooring
  • 1 Fireplace
  • Boynton Middle School Rated A-
  • Main Floor Primary Bedroom
  • Log Cabin

About This Home

As of July 2024

Cozy and rustic, this two bedroom Beaver Mountain Log Home nestled in the Town of Ithaca, offers serene living in a picturesque setting. Welcomed by a charming sitting porch, step inside to discover great natural light accentuating the warm ambiance throughout. Featuring an inviting eat-in kitchen, a first floor primary suite, and a walk-out basement boasting high ceilings, this home offers both comfort and practicality. This home also is equipped with a new metal roof (2024), hot water heater and hearthstone wood stove. Outside, a sprawling two-acre wooded lot awaits, complete with a tranquil stream and ample gardening potential. Enjoy the bounty of mature berry bushes and fruit trees, surrounded by private walking paths, creating your own backyard oasis. Experience the tranquility of country living while enjoying the convenience of town amenities and natural attractions such as Treman Park, Buttermilk Falls and Taughannock Falls. Don't miss out on this opportunity!

Last Agent to Sell the Property

Garrett Venuto

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-592-1762 License #10401360100 Listed on: 05/16/2024

Last Buyer's Agent

Christine DelVecchio

Warren Real Estate of Ithaca Inc. License #30DE0840160

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 1988

Lot Details

  • 2.01 Acre Lot
  • Lot Dimensions are 258x317
  • Rural Setting
  • Poultry Coop
  • Secluded Lot

Home Design

  • Log Cabin
  • Poured Concrete
  • Metal Roof
  • Log Siding

Interior Spaces

  • 946 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Gas Oven
  • Gas Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

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

Basement

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

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Enfield Elementary School

Utilities

  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating
  • Well
  • Propane Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 28.-1-34.29

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,700

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.01
  • Lot Size: 258X317
  • Directions: 116 Drew road is located a few houses down as you turn off of Sheffield road.
  • Architectural Style: Log Home
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1988
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 607-592-1762
  • Special Features: None
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Appliances: Dryer, Dishwasher, Freezer, Gas Oven, Gas Range, Propane Water Heater, Refrigerator, Washer, Water Softener Owned
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Luxury Vinyl, Varies
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Living Room, Living/Dining Room, Main Level Primary
  • Living Area: 946.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Dining Room Type: Laundry, Living Room
  • Stories: 2

Exterior Features

  • Lot Features: Rural Lot, Secluded
  • Waterfront: No
  • Construction Type: Log, Log Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Poured
  • Other Structures: Poultry Coop
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Heating: Electric, Propane, Baseboard, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Enfield
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 87991.0
  • Parcel #: 28.-1-34.29
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Mar 28, 2023
Sold by
King Denyse Ann Est and King
Bought by
Titus Thomas
Seller's Agent
Emily Doyle
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Garrett Venuto
Warren Real Estate of Ithaca Inc.
List Price
$212,000
Sold Price
$200,000
Premium/Discount to List
-$12,000
-5.66%
Current Estimated Value
$278,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,429
Avg. Annual Appreciation
12.88%
Original Mortgage
$160,000
Outstanding Balance
$155,471
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$122,958

Purchase Details

Listed on
May 17, 2016
Closed on
Sep 19, 2016
Sold by
Daum Julie A
Bought by
King Denyse A
Seller's Agent
Margaret Hobbie
Howard Hanna S Tier Inc
Buyer's Agent
Diana Drucker
Greenstreet Real Estate
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$148,000
Interest Rate
3.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 19, 2011
Closed on
May 16, 2012
Sold by
Roswech Todd
Bought by
Daum Julie A
Buyer's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-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
4.94%

Purchase Details

Closed on
Feb 2, 2005
Sold by
Stearns Paul V
Bought by
Anthony Melissa

Purchase Details

Closed on
Oct 23, 2002
Sold by
Stearns Catherine
Bought by
Stearns Paul
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
Titus Thomas $200,000 None Available
King Denyse A $185,000 Geldenhuys Mariette
Daum Julie A $150,000 Virgnina Tesi
Anthony Melissa $101,500 Mark G Masler
Stearns Paul -- Jeff Coleman
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Titus Thomas $160,000
Previous Owner King Denyse A $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $300,000 +1.7% $317 / Sq Ft
05/16/2024 05/16/24 For Sale $295,000 +47.5% $312 / Sq Ft
04/03/2023 04/03/23 Sold $200,000 -5.7% $211 / Sq Ft View Prior Sale
03/04/2023 03/04/23 Pending -- -- --
09/14/2022 09/14/22 For Sale $212,000 +14.6% $224 / Sq Ft
09/19/2016 09/19/16 Sold $185,000 0.0% $196 / Sq Ft View Prior Sale
08/20/2016 08/20/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $185,000 +23.3% $196 / Sq Ft
05/16/2012 05/16/12 Sold $150,000 -9.1% $159 / Sq Ft View Prior Sale
04/16/2012 04/16/12 Pending -- -- --
05/19/2011 05/19/11 For Sale $165,000 -- $174 / 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 $4,891 $200,000 $48,100 $151,900
2023 $5,966 $222,000 $48,100 $173,900
2022 $5,701 $202,000 $48,100 $153,900
2021 $5,414 $185,000 $48,100 $136,900
2020 $5,452 $185,000 $48,100 $136,900
2019 $2,383 $185,000 $48,100 $136,900
2018 $5,432 $180,000 $48,100 $131,900
2017 $5,584 $180,000 $32,000 $148,000
2016 $4,175 $150,000 $32,000 $118,000
2015 -- $150,000 $32,000 $118,000
2014 -- $150,000 $32,000 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1538784

APN: 503089-028-000-0001-034-029-0000