NOT LISTED FOR SALE

125 Kelvin Place Ithaca, NY 14850

Cornell Heights Neighborhood

Estimated Value: $570,000 - $731,650

6 Beds
2.5 Baths
2,512 Sq Ft
$272/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $590,000 $235 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,300/month

68 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Built-In Double Oven
  • Cayuga Heights Elementary School Rated A-
  • Home Office
  • 1 Car Detached Garage

About This Home

As of October 2022

Timeless craftsman in highly desirable Cornell Heights neighborhood on large, corner lot. A 6 bedroom, 2.5 bath historic beauty with 3 levels of living, hardwood flooring throughout and abundant natural light. The main level boasts a large welcoming entrance hall with den and formal living room on either side, powder room, formal dining room with private side porch, and large eat-in-kitchen that leads to back patio and garden. Four bedrooms and full bath on the second level and two more bedrooms, changing room, and full bath on the third level. Start and end your day with daily chimes concerts. Walk to main campus in 10 minutes. No Cornell land lease. Where dreams come home.

Last Agent to Sell the Property

Jacqueline Mei

Howard Hanna S Tier Inc Brokerage Email: jackietmei@gmail.com License #10401285353 Listed on: 07/15/2022

Howard Hanna S Tier Inc

Last Buyer's Agent

Jill Burlington

Warren Real Estate of Ithaca Inc. License #30BU0950986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,131

Year Built

  • Built in 1905

Lot Details

  • 0.4

Parking

  • 1 Car Detached Garage

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2,512 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Home Office
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Built-In Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Cayuga Heights Elementary School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Patio
  • 0.4 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 9.-4-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,131

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Directions: Triphammer Road to Dearborn Place. Left on Kelvin Place. First house on left. Kelvin Place is between Triphammer Road and Wyckoff Avenue, Dearborn Place and Wait Avenue.
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1905
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: jackietmei@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Disposal, Refrigerator, Range Hood, Washer
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Varies
  • Interior Amenities: Den, Entrance Foyer, Eat-in Kitchen, Home Office
  • Living Area: 2512.0
  • Dining Room Type: Office, Den, Entry/Foyer

Exterior Features

  • Construction Type: Cedar, Frame
  • Exterior Features: Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Parcel #: 9.-4-1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
Lodge At Cornell Hts Llc
Bought by
Kelvin Place 125 Llc
Current Estimated Value
$683,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Outstanding Balance
$6,900,154
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$6,216,991

Purchase Details

Listed on
Jul 15, 2022
Closed on
Oct 20, 2022
Sold by
Orr Douglas and Mitchell Julia
Bought by
Lodge At Cornell Hts Llc
Seller's Agent
Jacqueline Mei
Howard Hanna S Tier Inc
Buyer's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$472,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2020
Sold by
Rosano Rocco and Rosano Elizabeth
Bought by
Cooper Peter W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 1997
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
Kelvin Place 125 Llc $600,000 None Available
Lodge At Cornell Hts Llc $590,000 None Available
Cooper Peter W $138,400 None Available
Cooper Peter W $138,400 None Available
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelvin Place 125 Llc $7,000,000
Previous Owner Lodge At Cornell Hts Llc $472,000
Previous Owner Cooper Peter W $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2022 10/21/22 Sold $590,000 -1.5% $235 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $599,000 -3.2% $238 / Sq Ft
04/25/2022 04/25/22 Sold $619,000 0.0% $246 / Sq Ft View Prior Sale
03/26/2022 03/26/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $619,000 -- $246 / 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 $20,131 $660,000 $109,800 $550,200
2023 $12,788 $590,000 $109,800 $480,200
2022 $17,034 $525,000 $109,800 $415,200
2021 $16,192 $475,000 $109,800 $365,200
2020 $10,285 $475,000 $109,800 $365,200
2019 $2,378 $450,000 $109,800 $340,200
2018 $10,078 $450,000 $109,800 $340,200
2017 $8,434 $370,000 $65,000 $305,000
2016 $8,515 $370,000 $65,000 $305,000
2015 -- $350,000 $65,000 $285,000
2014 -- $350,000 $65,000 $285,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jacqueline Mei

    Howard Hanna S Tier Inc

    (607) 280-1921

    3 in this area

    58 Total Sales

    Jacqueline Mei
    Section Image
  • Jill Burlington

    Buyer's Agent in 2022

    Jill Burlington

    Warren Real Estate of Ithaca Inc.

    (607) 592-0474

    9 in this area

    302 Total Sales

    Jill Burlington
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB407133

APN: 500700-009-000-0004-001-000-0000

New York Tompkins County Ithaca 14850 Cornell Heights

125 Kelvin Place, Ithaca, NY

This home is located at 125 Kelvin Place, Ithaca, NY 14850 since 15 July 2022 and is currently estimated at $683,163, approximately $271 per square foot. This property was built in 1905. 125 Kelvin Place is a home located in Tompkins County with nearby schools including Cayuga Heights Elementary School, Boynton Middle School, and Ithaca Senior High School.

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