NOT LISTED FOR SALE

1197 Taughannock Blvd Ithaca, NY 14850

Estimated Value: $444,000 - $624,689

3 Beds
1.5 Baths
1,100 Sq Ft
$509/Sq Ft Est. Value

Last Sold February 11, 2013

Last sale price $318,500 $290 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,964/month

127 Days on Market

Highlights

  • Waterfront
  • Deck
  • Wood Flooring
  • Boynton Middle School Rated A-
  • Cathedral Ceiling
  • 1 Fireplace

About This Home

As of February 2013

Extraordinary lake side cottage in unique, historic cottage row. Originally built in 1890, remodeled extensively in 1949, updated in 1990s. This is a real Cayuga Lake treasure, located south of the IYC. Beautiful hardwood floors, open galley kitchen, high ceilings on second floor, fireplace fitted with wood stove, wraparound porch and upper story balcony off master bedroom with cathedral ceilings. Open floor plan with windows on three sides. Situated on 85 ft of lakefront this 2 acre lot extends to Rt 89. Most cottage furnishings will convey with property.

Last Agent to Sell the Property

Allison Hogue

Warren Real Estate of Ithaca Inc. Brokerage Email: aahogue@gmail.com License #10301218831 Listed on: 09/06/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,202

Year Built

  • Built in 1949

Lot Details

  • 2 Acre Lot
  • Waterfront

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Partial Basement

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Schools

  • Enfield Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • 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.-3-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,202

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Lot Size: 85X
  • Water Body Name: Cayuga
  • Directions: Taughannock Blvd North 1197 is first driveway after guard rail ends before 1199 sign. Its a steep driveway, we suggest driving down to IYC and parking in the south lot near the big metal gate. Walk next to lake, first cottage at lake
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1949
  • Attribution Contact: aahogue@gmail.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Refrigerator, Range Hood
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Varies, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s)
  • Living Area: 1100.0
  • Stories: 2

Exterior Features

  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck, Propane Tank - Leased
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Propane, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Lake, River

Schools

  • Elementary School: Enfield
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 503689 30.-3-6
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2012
Closed on
Feb 11, 2013
Sold by
Drinkwater Clover M
Bought by
Lakehouse On Cayuga Llc
Seller's Agent
Allison Hogue
Warren Real Estate of Ithaca Inc.
List Price
$349,900
Sold Price
$318,500
Premium/Discount to List
-$31,400
-8.97%
Current Estimated Value
$548,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,227
Avg. Annual Appreciation
4.35%
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
Lakehouse On Cayuga Llc $318,500 Geldenhuys Mariette
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudan Michael A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2013 02/11/13 Sold $318,500 -9.0% $290 / Sq Ft
01/12/2013 01/12/13 Pending -- -- --
09/06/2012 09/06/12 For Sale $349,900 -- $318 / 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 $11,202 $515,000 $166,200 $348,800
2023 $11,202 $468,000 $166,200 $301,800
2022 $10,162 $425,000 $166,200 $258,800
2021 $8,730 $340,000 $166,200 $173,800
2020 $8,706 $340,000 $166,200 $173,800
2019 $8,658 $340,000 $166,200 $173,800
2018 $8,907 $340,000 $166,200 $173,800
2017 $9,094 $340,000 $166,200 $173,800
2016 $8,630 $320,000 $147,800 $172,200
2015 -- $320,000 $147,800 $172,200
2014 -- $320,000 $147,800 $172,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB136992

APN: 503689-030-000-0003-006-000-0000