NOT LISTED FOR SALE

118 Salem Dr Ithaca, NY 14850

Estimated Value: $468,000 - $567,277

5 Beds
3 Baths
2,726 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $278,500 $102 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,614/month

32 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Northeast School Rated A
  • Skylights
  • 5-minute walk to Salem Park

About This Home

As of September 2013

A good opportunity you don't want to miss. Welcome to this very special, gracious & well maintained home that has 2726 sf of living space at Northeast. Beautifully updated kitchen, baths, roof,& skylights. Hardwood floor, enlarged windows. Formal dining, living room. Five bedrooms, 3 full baths, lovely family rm & recreation rm. Sitting in the eat in kitchen or dining room enjoy green & tranquil backyard. Central air conditioning. Great location, walk to schools, close to shopping & services. On busline to Cornell. Make an offer today & let it become your dream home. (Open Saturday 1-3pm 7/20)

Last Agent to Sell the Property

Jenny Chai

Ithaca Real Estate, Inc. Brokerage Email: jennychai8@gmail.com License #10311200553 Listed on: 07/12/2013

Last Buyer's Agent

Joe Giordano

Howard Hanna S Tier Inc License #30GI1158845

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,401

Year Built

  • Built in 1965

Lot Details

  • 0.37

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,726 Sq Ft Home
  • Skylights
  • Entrance Foyer
  • Attic Fan

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Exterior Basement Entry

Outdoor Features

  • Patio
  • Shed

Schools

  • Northeast Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Lot Dimensions are 115x142

Listing and Financial Details

  • Assessor Parcel Number 503089 70.-11-35.8

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,401

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 115X142
  • Water Body Name: None
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1965
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: jennychai8@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Finished, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Skylights, Main Level Primary
  • Living Area: 2726.0
  • Dining Room Type: Entry/Foyer
  • Window Features: Skylight(s)

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Exterior Features: Patio
  • Foundation Details: Block
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Attic Fan
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Northeast
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 503089 70.-11-35.8
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
Sep 13, 2013
Sold by
Lee Yuen-Cheng
Bought by
Begum Laila
Seller's Agent
Jenny Chai
Ithaca Real Estate, Inc.
Buyer's Agent
Joe Giordano
Howard Hanna S Tier Inc
List Price
$279,000
Sold Price
$278,500
Premium/Discount to List
-$500
-0.18%
Current Estimated Value
$531,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,819
Avg. Annual Appreciation
5.53%
Original Mortgage
$700,000
Outstanding Balance
$525,934
Interest Rate
4.42%
Mortgage Type
Unknown
Estimated Equity
$5,385

Purchase Details

Closed on
May 31, 2011
Sold by
Hirano Katsuya
Bought by
Lee Yuen-Ching

Purchase Details

Closed on
Jul 10, 2006
Sold by
Agha Muzafarullah
Bought by
Hirano Katsuya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
6.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 1999
Sold by
Mccune Delbert C and Mc Cune Anne R
Bought by
Muzafarullah Agha and Muzafarullah Samina
Source: Public Records

Range of Values:

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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
Begum Laila $278,500 Medeiros Katrina
Lee Yuen-Ching -- R James Miller
Hirano Katsuya $262,000 Randall Marcus
Muzafarullah Agha $121,000 --
Muzafarullah Agha -- Masler Mark G
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begum Laila $150,000
Closed Jalil Abdul $100,000
Open Begum Laila $700,000
Previous Owner Hirano Katsuya $155,000
Previous Owner Hirano Katsuya $196,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2013 09/13/13 Sold $278,500 -0.2% $102 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $279,000 -- $102 / 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 $9,401 $475,000 $47,200 $427,800
2023 $9,401 $360,000 $47,200 $312,800
2022 $8,936 $327,000 $47,200 $279,800
2021 $8,481 $300,000 $47,200 $252,800
2020 $8,514 $300,000 $47,200 $252,800
2019 $4,036 $300,000 $47,200 $252,800
2018 $8,680 $300,000 $47,200 $252,800
2017 $8,266 $280,000 $47,200 $232,800
2016 $8,329 $280,000 $47,200 $232,800
2015 -- $280,000 $47,200 $232,800
2014 -- $275,000 $47,200 $227,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB139046

APN: 503089-070-000-0011-035-008-0000