NOT LISTED FOR SALE

131 Reach Run Ithaca, NY 14850

Estimated Value: $1,382,120 - $1,563,000

4 Beds
5.5 Baths
6,728 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $1,225,000 $182 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,327/month

320 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Wood Flooring
  • Raymond C. Buckley Elementary School Rated A-
  • Contemporary Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2023

Majestically situated above Cayuga Lake in the heart of the Fingerlakes of NY w/ a to-die-for view. Inside you'll find a combination of comfortable elegance & casual, conversation inspiring spaces. Enter through the front double doors into the soaring, 2 story, rounded entry hall & turn left into the expansive eat-in kitchen w/ its granite counters, island, sun-filled casual dining area w/ its own serving buffet, walk-in pantry, & separate prep kitchen. Enjoy the formal living & dining rooms, family room w/ gas fireplace, guest/in-law suite w/ an adjacent office. Upstairs an elegant primary w/ a bath the size of another room, 2 additional ensuite bedrooms & a space perfect for puzzles & games. Lower walk-out level includes a huge rec room perfect for ping-pong, pool/exercise machines, dedicated theater room, another office & party bar. Hardwood floors & top-of-the-line accoutrements throughout. Gorgeous stone patio, in-ground pool, outdoor kitchen, fountain, landscaping, 3 car garage.

Last Agent to Sell the Property

Linda Hirvonen

Warren Real Estate of Ithaca Inc. Brokerage Email: lahirvonen1969@gmail.com License #30HI0646949 Listed on: 06/02/2022

Last Buyer's Agent

Linda Hirvonen

Warren Real Estate of Ithaca Inc. Brokerage Email: lahirvonen1969@gmail.com License #30HI0646949 Listed on: 06/02/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 226x184
  • Lake Front
  • Partially Fenced Property

Parking

  • Garage

Home Design

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

Interior Spaces

  • 6,728 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio
  • Shed

Schools

  • Raymond C Buckley Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Community Details

  • Lakewatch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503289 36.-1-56

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Lot Size: 226X184
  • Subdivision Name: Lakewatch
  • Directions: From Ithaca, north on East Shore Drive, left on East shore Circle, left on Reach Run. House is in the lower section on the left.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1999
  • Attribution Contact: lahirvonen1969@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dryer, Dishwasher, Electric Oven, Electric Range, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Full, Finished, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Den, Entrance Foyer, Eat-in Kitchen, Home Office, Jetted Tub, Kitchen Island, Other, See Remarks
  • Living Area: 6728.0
  • Dining Room Type: Office, Den, Entry/Foyer

Exterior Features

  • Fencing: Partial
  • Lot Features: Other, See Remarks, Lake Front
  • Pool Features: In Ground
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Balcony, Fence, Pool, Patio
  • Foundation Details: Poured
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Balcony, Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Raymond C Buckley Elementary
  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 41818.0
  • Parcel #: 503289 36.-1-56
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
May 19, 2023
Sold by
Anand Vikramjit S and Anand Sweetie K
Bought by
Caramico Luigi and Stone Michelle
Seller's Agent
Linda Hirvonen
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Linda Hirvonen
Warren Real Estate of Ithaca Inc.
List Price
$1,299,000
Sold Price
$1,225,000
Premium/Discount to List
-$74,000
-5.7%
Current Estimated Value
$1,476,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,530
Avg. Annual Appreciation
7.42%
Original Mortgage
$980,000
Outstanding Balance
$952,200
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$524,330

Purchase Details

Closed on
Dec 14, 2012
Sold by
Anand Sweetie K
Bought by
Anand Vikramjit S

Purchase Details

Closed on
Aug 5, 2002
Sold by
Anand Vikramjit S
Bought by
Anand Sweetie K

Purchase Details

Closed on
May 28, 1999
Sold by
Tallman Charles
Bought by
Anand Vikramjit S and Anand Sweetie S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caramico Luigi $1,225,000 None Available
Anand Vikramjit S -- --
Anand Sweetie K -- Earle E Thurston
Anand Vikramjit S $65,000 --
Anand Vikramjit S -- Thurston Earle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caramico Luigi $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $1,225,000 -5.7% $182 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
06/02/2022 06/02/22 For Sale $1,299,000 -- $193 / 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 $31,093 $1,225,000 $131,800 $1,093,200
2023 $23,546 $838,000 $131,800 $706,200
2022 $23,361 $798,000 $131,800 $666,200
2021 $23,018 $760,000 $131,800 $628,200
2020 $23,302 $760,000 $131,800 $628,200
2019 $7,092 $760,000 $131,800 $628,200
2018 $23,091 $760,000 $131,800 $628,200
2017 $23,139 $760,000 $131,700 $628,300
2016 $23,000 $760,000 $131,700 $628,300
2015 -- $760,000 $131,700 $628,300
2014 -- $760,000 $131,700 $628,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406827

APN: 503289-036-000-0001-056-000-0000