NOT LISTED FOR SALE

116 Lake Ave Ithaca, NY 14850

North Side Neighborhood

Estimated Value: $458,000 - $528,000

4 Beds
1.5 Baths
2,101 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $279,000 $133 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,236/month

27 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Fireplace
  • DeWitt Middle School Rated A-
  • Victorian Architecture
  • 2-minute walk to Thompson Park

About This Home

As of May 2013

Rare opportunity to own this 4 br,2 bath home,built in the 1860s on a double lot in one of Ithaca's most charming locales.This comfortable vintage home combines old house character with smart & practical upgrades.For generations,friends & family have gravitated to the huge eat-in-kitchen(w/coal stove in the corner),gathered for the holidays in the large formal dining room,and relaxed under the decorative wooden ceiling in the living room. Large front porch overlooks Cascadilla Creek.Fabulous garage,side yard w/deck & private berry patch.Open Houses March 9 & 10, 2-4pm.

Last Agent to Sell the Property

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: carol@carolbushberg.com License #10301223410 Listed on: 03/04/2013

Last Buyer's Agent

Lindsay Garner

Linz Real Estate License #37GA1044494

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1860

Lot Details

  • Lot Dimensions are 66x133
  • Partially Fenced Property

Parking

  • Detached Garage

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,101 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Partial Basement
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Beverly J Martin Elementary School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Coal
  • Heating System Uses Gas
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 502489 45.-4-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,630

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 66X133
  • Water Body Name: None
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1860
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: carol@carolbushberg.com
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Refrigerator, Range Hood, See Remarks, Washer
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen
  • Living Area: 2101.0
  • Dining Room Type: Entry/Foyer

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck, Fence
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Roof: Asphalt, Metal, Other, See Remarks

Garage/Parking

  • Parking Features: Detached, Garage

Utilities

  • Cooling: Attic Fan, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Coal, Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Beverly J Martin Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 502489 45.-4-8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6630.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2013
Closed on
May 1, 2013
Sold by
Karpinski James
Bought by
Evanega Sarah N
Seller's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Lindsay Garner
Linz Real Estate
List Price
$269,000
Sold Price
$279,000
Premium/Discount to List
$10,000
3.72%
Current Estimated Value
$496,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,298
Avg. Annual Appreciation
4.65%
Original Mortgage
$251,100
Outstanding Balance
$178,649
Interest Rate
3.57%
Mortgage Type
Unknown
Estimated Equity
$317,649
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
Evanega Sarah N $279,000 Albanese Jon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evanega Sarah N $251,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2013 05/01/13 Sold $279,000 +3.7% $133 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $269,000 -- $128 / 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 $7,617 $410,000 $53,300 $356,700
2023 $7,874 $385,000 $53,300 $331,700
2022 $11,209 $350,000 $53,300 $296,700
2021 $10,619 $315,000 $53,300 $261,700
2020 $6,683 $315,000 $53,300 $261,700
2019 $8,233 $300,000 $53,300 $246,700
2018 $6,565 $300,000 $53,300 $246,700
2017 $6,268 $280,000 $28,600 $251,400
2016 $6,329 $280,000 $28,600 $251,400
2015 -- $280,000 $28,600 $251,400
2014 -- $280,000 $28,600 $251,400
Source: Public Records

Agents Affiliated with this Home

  • Carol Bushberg

    Seller's Agent in 2013

    Carol Bushberg

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 279-4530

    4 in this area

    138 Total Sales

    Carol Bushberg
    Section Image
  • Lindsay Garner

    Buyer's Agent in 2013

    Lindsay Garner

    Linz Real Estate

    (607) 227-7456

    80 Total Sales

    Lindsay Garner
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB137876

APN: 500700-045-000-0004-008-000-0000

New York Tompkins County Ithaca 14850 North Side

116 Lake Ave, Ithaca, NY

Not Listed for Sale

Detached

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