NOT LISTED FOR SALE

116 Kelvin Place Ithaca, NY 14850

Cornell Heights Neighborhood

Estimated Value: $755,000 - $796,077

5 Beds
4.5 Baths
3,207 Sq Ft
$243/Sq Ft Est. Value

Last Sold August 01, 2025

Last sale price $765,000 $239 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,234/month

42 Days on Market

Highlights

  • In Ground Pool
  • Craftsman Architecture
  • Property is near public transit
  • Cayuga Heights Elementary School Rated A-
  • Deck
  • Recreation Room

About This Home

As of August 2025

One of Cornell Height’s finest Arts & Crafts period homes available now! This exceptional 4-bedroom, 3.5-bath residence has NO Cornell ground lease. The main floor features a welcoming grand entrance hallway, central chestnut staircase, bright formal living room with wood burning fireplace and pocket doors, family room, formal dining room, 3 seasons screened in porch, kitchen with new stainless appliances and walk-in pantry, large back deck overlooking private pool and patio area. A private oasis! Second level features a spacious primary bedroom (en) suite, 3 add’l bedrooms, and full bath. Third floor studio with office and full bath. Additional 500 sf finished in-law in basement with separate entrance. Gleaming hardwoods throughout, rich original wood detail, built-ins, light filled rooms, excellent exterior areas, tcat bus route. A stone’s throw from Cornell’s main campus in one of Ithaca’s most sought-after neighborhoods. Nearby recreation includes tennis courts at Risley Hall and North Campus, Helen Neuman facilities, Fuertes Observatory, hiking trails around Beebe Lake, waterfalls of Fall Creek Gorge, the Suspension Bridge, and summer concerts on the Arts Quad. Great location and superb walkability to Cornell. Where dreams come home!

Last Agent to Sell the Property

Jacqueline Mei

Howard Hanna S Tier Inc Brokerage Phone: 607-280-1921 License #10401285353 Listed on: 03/27/2025

Howard Hanna S Tier Inc

Last Buyer's Agent

Laurel Guy

Warren Real Estate of Ithaca Inc. (Downtown) License #10371201385

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,015

Year Built

  • Built in 1910

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 95x133
  • Property is Fully Fenced
  • Rectangular Lot
  • Private Yard
  • Historic Home

Home Design

  • Craftsman Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 3,207 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • 1 Fireplace
  • Drapes & Rods
  • Wood Frame Window
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storm Windows
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Studio bedroom
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Location

  • Property is near public transit

Schools

  • Cayuga Heights Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Cornell Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 500700-009-000-0003-002-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,015

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2901
  • Lot Size: 95X133
  • Road Frontage Type: City Street
  • Subdivision Name: Cornell Heights
  • Directions: N. Triphammer Road to Wait Avenue. Right on Kelvin. House is third driveway on left.
  • Architectural Style: Craftsman, Historic/Antique
  • Garage Yn: No
  • Building Stories: 3
  • Year Built Details: Existing
  • Year Built: 1910
  • Attribution Contact: 607-280-1921
  • Special Features: None
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer, Water Softener Owned
  • Has Basement: Finished, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Interior Amenities: Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Home Office, Quartz Counters, See Remarks, Walk-In Pantry, Natural Woodwork, Window Treatments, In-Law Floorplan
  • Living Area: 3207.0
  • Main Level Bathrooms: 1
  • Dining Room Type: In-Law Suite, Laundry, Living Room, Office, Recreation, Studio, Basement, Entry/Foyer
  • Stories: 3
  • Window Features: Drapes, Storm Window(s), Wood Frames

Exterior Features

  • Fencing: Full
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Exterior Features: Blacktop Driveway, Deck, Fully Fenced, Pool, Porch, Patio, Private Yard, See Remarks
  • Foundation Details: Stone
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Upper Level
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 500700-009-000-0003-002-000-0000

Tax Info

  • Tax Annual Amount: 23015.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Lynch Alan
Bought by
Lynch Alan P and Simmons-Lynch Julie
Current Estimated Value
$778,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$176,726
Interest Rate
3.69%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$601,543

Purchase Details

Closed on
Nov 12, 2002
Sold by
Sulaiman-Cole Patrick
Bought by
Lynch Alan

Purchase Details

Closed on
Jul 9, 1999
Sold by
Ballantyne Joseph M
Bought by
Sulaiman-Cole Patrick

Purchase Details

Closed on
Oct 3, 1997
Sold by
Cornell University
Bought by
Ballantyne Joseph M and Ballantyne Martha C
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
Lynch Alan P -- None Available
Lynch Alan $315,000 Stephen Bowman
Lynch Alan $315,000 Stephen Bowman
Sulaiman-Cole Patrick $270,750 Mark G Masler
Ballantyne Joseph M $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Alan P $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2025 08/01/25 Sold $765,000 -3.8% $239 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $795,000 -- $248 / 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 $13,887 $730,000 $105,400 $624,600
2023 $12,885 $648,000 $105,400 $542,600
2022 $19,647 $600,000 $105,400 $494,600
2021 $18,805 $550,000 $105,400 $444,600
2020 $12,160 $550,000 $105,400 $444,600
2019 $3,707 $550,000 $105,400 $444,600
2018 $12,419 $550,000 $105,400 $444,600
2017 $10,721 $465,000 $59,500 $405,500
2016 $10,824 $465,000 $59,500 $405,500
2015 -- $465,000 $59,500 $405,500
2014 -- $465,000 $59,500 $405,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jacqueline Mei

    Howard Hanna S Tier Inc

    (607) 280-1921

    3 in this area

    53 Total Sales

    Jacqueline Mei
    Section Image
  • Laurel Guy

    Buyer's Agent in 2025

    Laurel Guy

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 227-1556

    4 in this area

    149 Total Sales

    Laurel Guy
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1595893

APN: 500700-009-000-0003-002-000-0000

New York Tompkins County Ithaca 14850 Cornell Heights

116 Kelvin Place, Ithaca, NY

Not Listed for Sale

Detached

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