NOT LISTED FOR SALE

159 Reach Run Ithaca, NY 14850

Estimated Value: $1,277,000 - $1,726,000

5 Beds
6 Baths
5,600 Sq Ft
$262/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $980,000 $175 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $10,390/month

147 Days on Market

Highlights

  • Lake Front
  • Deck
  • Cathedral Ceiling
  • Raymond C. Buckley Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of December 2012

Exceptional & pristine architect designed 3 story hm w/panoramic lake views & warm contemporary floor plan.Dramatic 19' windows in 2-story LR. French doors, coffered ceiling & 1or 3 fireplaces in 1st fl study. Maple wood flrs. Breakfast/garden rm overlooking lake FR w/lots of storage, shelving & bar. Banquet-size DR w/tray ceiling & bay window w/window seat. 2nd first floor 1/2 bath off garage & laundry rm. Bridge on 2nd fl w/awesome lakeviews. Upper lev w/4BR, 3 full baths. MBR BA w/bidet, Jacuzzi, shower that turns into steam rm. Lower level w/storage & 2 large finished rms w/access outside.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,440

Year Built

  • Built in 1991

Lot Details

  • 1.23 Acre Lot
  • Lake Front

Parking

  • Garage

Home Design

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

Interior Spaces

  • 5,600 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • 3 Fireplaces
  • Entrance Foyer
  • Home Office
  • Workshop
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic Tank

Additional Features

  • Energy-Efficient Windows
  • Deck

Community Details

  • Lakewatch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503289 36.-1-63

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,440

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.23
  • Lot Size: 155X
  • Water Body Name: Cayuga
  • Subdivision Name: LakeWatch
  • Directions: Reach Run is off East Short Circle, which is off East Shore Drive, approx 4 miles from Stewart Park on the east side of the lake. Take Reach Run all the way to the bottom and then take a left onto what appears to be private lane. 159
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1991
  • Attribution Contact: audreye@aedelman.com
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Trash Compactor
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Varies
  • Interior Amenities: Cathedral Ceiling(s), Central Vacuum, Den, Entrance Foyer, Eat-in Kitchen, Home Office, Jetted Tub, Workshop
  • Living Area: 5600.0
  • Dining Room Type: Office, Workshop, Den, Entry/Foyer

Exterior Features

  • Lot Features: Lake Front
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Poured
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Attic Fan, Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 53578.0
  • Parcel #: 503289 36.-1-63
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25440.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2023
Sold by
Wansink Brian and Wansink Jer Y
Bought by
Wansink Ret and Wansink
Current Estimated Value
$1,466,144

Purchase Details

Closed on
Jul 15, 2021
Sold by
Wansink Ret
Bought by
Wansink Brian C and Wansink Jer Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,556
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2018
Sold by
Wansink Brian and Wanskin Jer Y
Bought by
Wasink Brian C and Wansink Jer Y

Purchase Details

Listed on
Jul 6, 2012
Closed on
Dec 31, 2012
Sold by
Dittman Maureen A
Bought by
Wansink Jer-Yuan
List Price
$1,200,000
Sold Price
$980,000
Premium/Discount to List
-$220,000
-18.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$784,000
Interest Rate
3.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wansink Ret -- None Available
Wansink Brian C -- None Available
Wasink Brian C -- --
Wansink Jer-Yuan $980,000 Sulimowicz Sharon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wansink Brian C $17,556
Previous Owner Wansink Jer-Yuan $784,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2012 12/31/12 Sold $980,000 -18.3% $175 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $1,200,000 -- $214 / 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 $32,236 $1,271,000 $231,400 $1,039,600
2023 $32,228 $1,155,000 $231,400 $923,600
2022 $30,617 $1,050,000 $231,400 $818,600
2021 $30,166 $1,000,000 $231,400 $768,600
2020 $30,531 $1,000,000 $231,400 $768,600
2019 $9,202 $1,000,000 $231,400 $768,600
2018 $30,254 $1,000,000 $231,400 $768,600
2017 $30,319 $1,000,000 $231,400 $768,600
2016 $29,540 $980,000 $197,000 $783,000
2015 -- $980,000 $197,000 $783,000
2014 -- $980,000 $197,000 $783,000
Source: Public Records

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB136641

APN: 503289-036-000-0001-063-000-0000