NOT LISTED FOR SALE

126 Homestead Cir Ithaca, NY 14850

Estimated Value: $673,000 - $806,000

5 Beds
2.5 Baths
2,812 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $715,666 $255 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,188/month

30 Days on Market

Highlights

  • Sauna
  • 0.99 Acre Lot
  • 1 Fireplace
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of May 2023

First time on the market in 56 years, this mid century modern 2 story home has been lovingly maintained. 5 bedroom, 2.5 baths located on the end of Homestead Circle making this setting very special. Fantastic floorplan offering a welcoming front foyer w/Vermont slate, leads you into the formal living with beamed ceilings, a wood burning fireplace and open dining space. Huge bonus is the sunroom addition adding walls of windows allows the sun to pour in!Several doors welcome you to the outside where you can enjoy a level, fully fenced in yard boarded by Cornell land providing wonderful privacy in the Belle Sherman neighborhood.Updated EIK kitchen w/granite counters & pass through window into the den. A large room off kitchen was added w/exterior door to the covered porch outside, could be a main floor bedroom or office. Upstairs offers 4 bedrooms including a large primary suite w/steam shower & walkin closet. Hdwd floors throughout. Basement is partially finished, great for hobbies!

Last Agent to Sell the Property

Kathleen Seaman

Warren Real Estate of Ithaca Inc. Brokerage Email: kmseaman@warrenhomes.com License #30SE0908346 Listed on: 03/16/2023

Last Buyer's Agent

Laurel Guy

Warren Real Estate of Ithaca Inc. (Downtown) License #10371201385

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,400

Year Built

  • Built in 1967

Lot Details

  • 0.99 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Garage

Home Design

  • Brick or Stone Mason
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Masonry
  • Stone

Interior Spaces

  • 2,812 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • Belle Sherman Elementary School
  • Boynton Middle School

Additional Features

  • Energy-Efficient Windows
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 503089 59.-2-20.6

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,400

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.99
  • Directions: Located at the end of Homestead Circle.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1967
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: kmseaman@warrenhomes.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Amenities: Cedar Closet(s), Entrance Foyer, Eat-in Kitchen, Sauna
  • Living Area: 2812.0
  • Dining Room Type: Entry/Foyer
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Construction Type: Brick, Frame, Masonry, Stone, Wood Siding
  • Exterior Features: Fence
  • Foundation Details: Block
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 43124.0
  • Parcel #: 503089 59.-2-20.6
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 15, 2023
Sold by
Freed Jack H and Freed Renee
Bought by
Ho Bo J and Kao Hsin L
Seller's Agent
Kathleen Seaman
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Laurel Guy
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$575,000
Sold Price
$715,666
Premium/Discount to List
$140,666
24.46%
Current Estimated Value
$755,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,599
Avg. Annual Appreciation
2.32%
Original Mortgage
$200,000
Outstanding Balance
$194,798
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$560,467

Purchase Details

Closed on
Nov 3, 2022
Sold by
Freed Renee and Freed Jack H
Bought by
Freed Renee and Freed Jack H

Purchase Details

Closed on
Apr 1, 2014
Sold by
Freed Jack H
Bought by
Freed Renee
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
Ho Bo J $715,666 None Available
Freed Renee -- None Available
Freed Renee -- Peter G. Grossman
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Bo J $200,000
Previous Owner Freed Renee $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $715,666 +24.5% $255 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $575,000 -- $204 / 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 $14,400 $715,000 $74,800 $640,200
2023 $14,400 $530,000 $74,800 $455,200
2022 $12,451 $435,000 $74,800 $360,200
2021 $11,862 $400,000 $74,800 $325,200
2020 $11,578 $400,000 $74,800 $325,200
2019 $4,942 $390,000 $74,800 $315,200
2018 $11,168 $390,000 $74,800 $315,200
2017 $9,956 $340,000 $74,800 $265,200
2016 $10,051 $340,000 $74,800 $265,200
2015 -- $340,000 $74,800 $265,200
2014 -- $340,000 $74,800 $265,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB408162

APN: 503089-059-000-0002-020-006-0000