NOT LISTED FOR SALE

118 Terrace View Dr Ithaca, NY 14850

Estimated Value: $426,256 - $492,000

3 Beds
2.5 Baths
1,874 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $381,000 $203 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,315/month

76 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • 1 Fireplace
  • DeWitt Middle School Rated A-
  • Hydromassage or Jetted Bathtub
  • Home Office

About This Home

As of June 2022

Precisely the easy home you've been looking for in tip-top condition: 3 bedrooms plus an office, 2.5 bathrooms, central AC, a garage, fenced yard, and super convenient to Cornell, Ithaca College, and downtown. Beautifully recently completed updates include: renovated kitchen, lovely light fixtures in kitchen and dining rooms, updated bathrooms, new stylish fireplace mantel, new garage door opener, windows, fresh paint on first floor and garage. Open main floor feels spacious with high ceilings, plentiful windows providing splendid natural light, and a wood burning fireplace to complete the ambiance. Spectacular distant views. Low traffic location. Short walk to miles of maintained trails including diverse ecological areas with streams, gorges, forest, meadows, Ithaca reservoir overlook and stunning waterfalls. See the 3D tour of this fantastic home, and a full inspection. Brand new home inspection available. Attend the open house Saturday 2/26 from 12-2pm.

Last Agent to Sell the Property

Claudia Lagalla

Howard Hanna S Tier Inc Brokerage Email: homes@clagalla.com License #10301206699 Listed on: 02/22/2022

Howard Hanna S Tier Inc

Last Buyer's Agent

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) License #10301223410

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,429

Year Built

  • Built in 1986

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 64x150
  • Partially Fenced Property

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,874 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Home Office

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Schools

  • Belle Sherman Elementary School

Utilities

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

Additional Features

  • Energy-Efficient Windows
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 58.-2-39.352

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,429

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 64X150
  • Directions: From route 79 either turn onto Honness Ln or Towerview Dr
  • Architectural Style: Contemporary, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1986
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: homes@clagalla.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Amenities: Eat-in Kitchen, Home Office, Jetted Tub
  • Living Area: 1874.0
  • Dining Room Type: Office
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Fence, Patio
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, 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: Belle Sherman
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 9583.0
  • Parcel #: 58.-2-39.352
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Jun 8, 2022
Sold by
Perkins Caleb L and Perkins Anna E
Bought by
Teasley Regina and Saul Judith
Seller's Agent
Claudia Lagalla
Howard Hanna S Tier Inc
Buyer's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$349,000
Sold Price
$381,000
Premium/Discount to List
$32,000
9.17%
Current Estimated Value
$459,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,064
Avg. Annual Appreciation
5.38%

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jul 15, 2020
Sold by
Chronis Demosthenis and Chronis Angela
Bought by
Perkins Caleb L and Perkins Anna E
Seller's Agent
Kathleen Seaman
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Claudia Lagalla
Howard Hanna S Tier Inc
List Price
$309,000
Sold Price
$305,000
Premium/Discount to List
-$4,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$295,850
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 11, 2009
Sold by
Becker Alexis Francis
Bought by
Chronis Demosthenis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,550
Interest Rate
4.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2005
Sold by
Burton Ulises Mejias
Bought by
Becker Alexis Francis

Purchase Details

Closed on
Jan 23, 1998
Sold by
Kao Fu-Jen
Bought by
Barlas Asma and Butron Ulises Mejias
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
Teasley Regina $381,000 None Available
Perkins Caleb L $305,000 None Available
Chronis Demosthenis $229,000 Joseph W Allen
Becker Alexis Francis $225,000 Jonathan Albanese
Barlas Asma $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perkins Caleb L $295,850
Previous Owner Perkins Caleb L $295,850
Previous Owner Chronis Demosthenis $13,650
Previous Owner Chronis Demosthenis $217,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $381,000 +9.2% $203 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $349,000 +14.4% $186 / Sq Ft
08/14/2020 08/14/20 Sold $305,000 -1.3% $163 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $309,000 -- $165 / 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 $10,429 $400,000 $26,400 $373,600
2023 $10,429 $380,000 $26,400 $353,600
2022 $9,016 $315,000 $26,400 $288,600
2021 $8,764 $300,000 $26,400 $273,600
2020 $7,245 $265,000 $26,400 $238,600
2019 $3,347 $245,000 $26,400 $218,600
2018 $7,040 $245,000 $26,400 $218,600
2017 $7,192 $245,000 $26,400 $218,600
2016 $6,781 $230,000 $26,400 $203,600
2015 -- $230,000 $26,400 $203,600
2014 -- $230,000 $26,400 $203,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406031

APN: 503089-058-000-0002-039-352-0000