NOT LISTED FOR SALE

2 Knoll Tree Rd Ithaca, NY 14850

Estimated Value: $542,000 - $779,000

3 Beds
3.5 Baths
2,760 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $427,000 $155 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,674/month

155 Days on Market

Highlights

  • Barn
  • Deck
  • Home Office
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Workshop

About This Home

As of September 2018

Ellis Hollow oasis. TOTALLY Renovated. WOW Factor! Romantic 3 BR, 3.5 Bath Post and Beam with Adirondack Style. 1.28 Acres. Terrific indoor/outdoor spaces. Dreamy custom Kitchen. Large Dining Room and Wet Bar. Stone Fireplace. Awesome Screened Porch-Your Outdoor Living Room! Lower Level Family Room/Bath/Kitchenette with separate entrance. High efficiency Boiler. 30 Year Roof. AC. Fenced Yard. Fire Pit! 42 x 26 Carriage House. Walk to Ellis Hollow Community Center. Just 4 minutes to East Hill Plaza, 8 minutes to Cornell.

Last Agent to Sell the Property

Laurel Guy

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: guy.laurel@gmail.com License #10371201385 Listed on: 03/09/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1850

Lot Details

  • 1.28 Acre Lot
  • Partially Fenced Property

Parking

  • Detached Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,760 Sq Ft Home
  • Skylights
  • Entrance Foyer
  • Home Office
  • Workshop

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Caroline Elementary School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 502489 67.-1-81.11

Home Details

Home Type

Single Family

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.28
  • Water Body Name: None
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1850
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: guy.laurel@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Interior Amenities: Den, Entrance Foyer, Eat-in Kitchen, Home Office, Skylights, Workshop
  • Living Area: 2760.0
  • Dining Room Type: Office, Workshop, Den, Entry/Foyer
  • Window Features: Skylight(s)

Exterior Features

  • Fencing: Partial
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Fence
  • Foundation Details: Block
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Oil, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Well

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 55756.0
  • Parcel #: 502489 67.-1-81.11
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Sep 7, 2018
Sold by
Brous Gregar and Taylor Vicki J
Bought by
Reifenheiser Paul M and Reifenheisher Tara A
Seller's Agent
Laurel Guy
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$465,000
Sold Price
$427,000
Premium/Discount to List
-$38,000
-8.17%
Current Estimated Value
$671,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,634
Avg. Annual Appreciation
6.40%
Original Mortgage
$320,000
Outstanding Balance
$188,138
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$483,496

Purchase Details

Closed on
May 23, 2011
Sold by
Gorman Julia C & As Tr
Bought by
Brous Gregar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2009
Sold by
Gorman Julia C
Bought by
Julia C Gorman Revocable

Purchase Details

Closed on
Aug 2, 2005
Sold by
Hardesty Virginia H
Bought by
Gorman Julia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,834
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2005
Sold by
Hardesty Loren B
Bought by
Hardesty Virginia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,834
Interest Rate
5%
Mortgage Type
Unknown
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
Reifenheiser Paul M $427,000 --
Brous Gregar $393,000 Charles Guttman
Julia C Gorman Revocable -- John M Hinchcliff
Gorman Julia C $252,834 --
Hardesty Virginia H -- Michael May
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reifenheiser Paul M $320,000
Previous Owner Brous Gregar $334,000
Previous Owner Gorman Julia C $252,834
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2018 09/10/18 Sold $427,000 -8.2% $155 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $465,000 -- $168 / 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 $13,859 $565,000 $55,800 $509,200
2023 $12,496 $462,000 $55,800 $406,200
2022 $12,078 $440,000 $55,800 $384,200
2021 $12,078 $440,000 $55,800 $384,200
2020 $11,665 $425,000 $35,600 $389,400
2019 $4,616 $425,000 $35,600 $389,400
2018 $10,900 $415,000 $35,600 $379,400
2017 $11,015 $415,000 $30,600 $384,400
2016 $11,112 $415,000 $30,600 $384,400
2015 -- $393,000 $30,600 $362,400
2014 -- $393,000 $30,600 $362,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB314904

APN: 502489-067-000-0001-081-011-0000