NOT LISTED FOR SALE

118 Park Ln Ithaca, NY 14850

Estimated Value: $614,000 - $791,000

8 Beds
4.5 Baths
3,740 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $270,300 $72 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,827/month

203 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Entrance Foyer
  • DeWitt Middle School Rated A-
  • Eat-In Kitchen
  • 3-minute walk to Eastern Heights Park

About This Home

As of October 2013

Beautiful neighborhood. Tudor Park and Ithaca Recreation Way with hiking/bicycle trails within short walking distance. Minutes to Cornell & Vet school. On bus line. Expansive home affords interior separation and privacy. Lower level office with private entry - apartment potential. Kitchen with central island opens to balcony with exceptional views. Solar photovoltaic array feeds into electric grid producing very low annual electric cost - call list agent for NYSEG utility cost. Architect designed new addition 2007 incl. roof and solar. Zoning and floor plan allows conversion to duplex.

Last Agent to Sell the Property

Jack Balcome

Concept Real Estate Brokerage Email: jlbalcome@gmail.com License #37BA0772388 Listed on: 02/19/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 156x124

Parking

  • 2 Car Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,740 Sq Ft Home
  • Entrance Foyer
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Caroline Elementary School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet

Community Details

  • Eastern Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503089 56.-3-13.3

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: 156X124
  • Water Body Name: None
  • Subdivision Name: Eastern Heights
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1985
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: jlbalcome@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Has Basement: Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Flooring: Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Amenities: Den, Entrance Foyer, Eat-in Kitchen, Home Office
  • Living Area: 3740.0
  • Dining Room Type: Office, Den, Entry/Foyer

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Foundation Details: Poured
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 20037.0
  • Parcel #: 503089 56.-3-13.3
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2013
Closed on
Oct 11, 2013
Sold by
Zager Joanne
Bought by
Teves Michelle
Seller's Agent
Jack Balcome
Concept Real Estate
List Price
$283,000
Sold Price
$270,300
Premium/Discount to List
-$12,700
-4.49%
Current Estimated Value
$668,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,451
Avg. Annual Appreciation
7.69%
Original Mortgage
$223,200
Interest Rate
4.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 4, 2009
Sold by
Zager Joanne
Bought by
Zager Joanne

Purchase Details

Closed on
Jul 20, 2006
Sold by
Zager Joanne
Bought by
Zager Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 2005
Sold by
Zager Joanne
Bought by
Zager Joanne

Purchase Details

Closed on
Sep 18, 1998

Purchase Details

Closed on
Sep 20, 1995
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
Teves Michelle $270,300 Katrina Medeiros
Zager Joanne -- Eliza Mulhern
Zager Joanne -- William Crane
Zager Joanne -- John Stevens
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Teves Michelle $223,200
Previous Owner Zager Joanne $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2013 10/11/13 Sold $270,300 -4.5% $72 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $283,000 -- $76 / 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 $15,876 $650,000 $57,400 $592,600
2023 $11,517 $426,000 $57,400 $368,600
2022 $10,939 $387,000 $57,400 $329,600
2021 $10,400 $355,000 $57,400 $297,600
2020 $10,831 $355,000 $57,400 $297,600
2019 $5,440 $335,000 $57,400 $277,600
2018 $9,127 $315,000 $57,400 $257,600
2017 $9,146 $295,000 $57,400 $237,600
2016 $9,204 $295,000 $57,400 $237,600
2015 -- $295,000 $57,400 $237,600
2014 -- $295,000 $57,400 $237,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jack Balcome

    Concept Real Estate

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB137776

APN: 503089-056-000-0003-013-003-0000

New York Tompkins County Ithaca 14850

118 Park Ln, Ithaca, NY

Not Listed for Sale

Detached

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