NOT LISTED FOR SALE

1181 Taughannock Blvd Ithaca, NY 14850

Estimated Value: $498,000 - $586,000

2 Beds
1 Bath
1,208 Sq Ft
$451/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $490,000 $406 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,752/month

122 Days on Market

Highlights

  • Lake Front
  • Partially Wooded Lot
  • 1 Fireplace
  • Boynton Middle School Rated A-
  • Wood Flooring
  • Cottage

About This Home

As of January 2023

Adorable turnkey 2 bedroom, 1 bath seasonal cottage on the west shore of Cayuga Lake with gorgeous unobstructed lake views! 1200+ sq ft on a 0.72 acre lot with 50 feet of lake frontage just steps from the front porch. 37 foot dock with water depth around 8 feet off the front. Large parking area attached to the driveway to make accommodating guests a breeze. Perfect location for bonfires, BBQs, swimming, kayaking, or a quiet summer retreat. Minutes to Downtown Ithaca, steps from Ithaca Yacht Club and the black diamond trail.ub and Taughannock Falls State Park.

Last Agent to Sell the Property

Jill Burlington

Warren Real Estate of Ithaca Inc. Brokerage Email: jill@warrenhomes.com License #30BU0950986 Listed on: 08/12/2022

Last Buyer's Agent

Karen Hollands

Howard Hanna S Tier Inc License #10401308223

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,707

Year Built

  • Built in 1920

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 50x620
  • Lake Front
  • Partially Fenced Property
  • Partially Wooded Lot

Home Design

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

Interior Spaces

  • 1,208 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Crawl Space
  • Dryer

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Common or Shared Parking
  • Shared Driveway

Outdoor Features

  • Shed

Schools

  • Enfield Elementary School

Utilities

  • Baseboard Heating
  • The river is a source of water for the property
  • The lake is a source of water for the property
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 503689 30.-3-14

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,707

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.72
  • Lot Size: 50X620
  • Water Body Name: Cayuga
  • Directions: From Ithaca take NY-89 N (Taughannock Blvd), driveway is just before the Ithaca Yacht Club
  • Architectural Style: Cottage, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1920
  • ResoBuildingAreaSource: Plans
  • Attribution Contact: jill@warrenhomes.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Living Area: 1208.0
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Lot Features: Wooded, Lake Front
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Other, See Remarks, Wood Siding
  • Exterior Features: Fence
  • Foundation Details: Block, Other, See Remarks
  • Other Structures: Shed(s), Storage
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Common, No Garage, Shared Driveway

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Lake, River

Schools

  • Elementary School: Enfield
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 31363.0
  • Parcel #: 503689 30.-3-14
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7707.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Jan 12, 2023
Sold by
Watson James H and Watson Louise M
Bought by
Macdonald William and Macdonald Deirdre
Seller's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Karen Hollands
Howard Hanna S Tier Inc
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Current Estimated Value
$544,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,678
Avg. Annual Appreciation
4.09%
Original Mortgage
$392,000
Outstanding Balance
$380,469
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,209

Purchase Details

Closed on
Sep 10, 2004
Sold by
Humulock Doris H
Bought by
Watson James H
Source: Public Records

Range of Values:

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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
Macdonald William $490,000 None Available
Watson James H $200,000 Ed Mazza
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald William $392,000
Previous Owner Watson James H $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2023 01/11/23 Sold $490,000 -1.8% $406 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $499,000 -- $413 / 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 $9,485 $490,000 $106,000 $384,000
2023 $9,485 $396,000 $106,000 $290,000
2022 $8,718 $360,000 $106,000 $254,000
2021 $7,708 $300,000 $106,000 $194,000
2020 $7,685 $300,000 $106,000 $194,000
2019 $7,579 $300,000 $106,000 $194,000
2018 $7,862 $300,000 $106,000 $194,000
2017 $8,028 $300,000 $106,000 $194,000
2016 $7,555 $280,000 $81,500 $198,500
2015 -- $280,000 $81,500 $198,500
2014 -- $280,000 $81,500 $198,500
Source: Public Records

Agents Affiliated with this Home

  • Jill Burlington

    Seller's Agent in 2023

    Jill Burlington

    Warren Real Estate of Ithaca Inc.

    (607) 592-0474

    303 Total Sales

    Jill Burlington
    Section Image
  • Karen Hollands

    Buyer's Agent in 2023

    Karen Hollands

    Howard Hanna S Tier Inc

    (607) 351-1823

    205 Total Sales

    Karen Hollands
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB407322

APN: 503689-030-000-0003-014-000-0000

New York Tompkins County Ithaca 14850

1181 Taughannock Blvd, Ithaca, NY

This home is located at 1181 Taughannock Blvd, Ithaca, NY 14850 since 12 August 2022 and is currently estimated at $544,678, approximately $450 per square foot. This property was built in 1920. 1181 Taughannock Blvd is a home located in Tompkins County with nearby schools including Enfield School, Boynton Middle School, and Ithaca Senior High School.

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