NOT LISTED FOR SALE

201 Willard Way Ithaca, NY 14850

Estimated Value: $707,533 - $858,000

6 Beds
3.5 Baths
3,060 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $502,000 $164 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,006/month

201 Days on Market

Highlights

  • Wood Flooring
  • Tudor Architecture
  • Home Office
  • Boynton Middle School Rated A-
  • 4 Fireplaces
  • Balcony

About This Home

As of March 2021

First time on the market in 60 years; this home is owned by a Family Trust. 1906 3-story stucco-sided Tudor home is located at the edge of the Cornell campus. 6 bedrooms, 3.5 baths, 4 fireplaces, and commanding entry with custom stained glass at entry and on first floor landing. Hardwood floors everywhere. Built-ins, exposed beams, too many rooms to name. It is not situated in a local historic district or impacted by a Cornell ground lease.This gives the new owner greater flexibility to modernize to their taste. Detached garage and additional off-street parking. In preparation for sale, all major systems have been inspected and repaired as needed; invoices are available for review.Buyers will likely want to update the kitchen and baths, but this property is an Ithaca treasure!

Last Agent to Sell the Property

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: carol@carolbushberg.com License #10301223410 Listed on: 07/23/2020

Last Buyer's Agent

Jenny Chai

Ithaca Real Estate, Inc. License #10311200553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,164

Year Built

  • Built in 1906

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 130x109

Parking

  • 1 Car Detached Garage

Home Design

  • Tudor Architecture
  • Stone Foundation
  • Frame Construction
  • Slate Roof
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,060 Sq Ft Home
  • 4 Fireplaces
  • Entrance Foyer
  • Home Office
  • Library
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Balcony
  • Patio

Schools

  • Fall Creek Elementary School
  • Boynton Middle School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 500700 29.-2-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,164

Year Built

Built in 1906

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Lot Size: 130X109
  • Directions: Located at the corner of University Avenue and Willard Way. Off-white stucco exterior.
  • Architectural Style: Tudor
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1906
  • Attribution Contact: carol@carolbushberg.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Home Office
  • Living Area: 3060.0
  • Dining Room Type: Office, Entry/Foyer, Library

Exterior Features

  • Construction Type: Frame, Stucco, Wood Siding
  • Exterior Features: Balcony, Patio
  • Foundation Details: Other, See Remarks, Stone
  • Patio And Porch Features: Balcony, Patio
  • Roof: Other, Slate, See Remarks, Tile

Garage/Parking

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

Utilities

  • Heating: Gas, Hot Water, Steam
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 14375.0
  • Parcel #: 500700 29.-2-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18164.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Mar 11, 2021
Sold by
Tierney Brian Est
Bought by
Gao Zefeng and Li Weihong
Seller's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Jenny Chai
Ithaca Real Estate, Inc.
List Price
$575,000
Sold Price
$502,000
Premium/Discount to List
-$73,000
-12.7%
Current Estimated Value
$769,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,383
Avg. Annual Appreciation
9.26%
Original Mortgage
$401,600
Outstanding Balance
$360,006
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$409,377

Purchase Details

Closed on
May 7, 2018
Sold by
Tierney Brain
Bought by
Brian Tierney Ret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gao Zefeng $502,000 Stewart Title
Brian Tierney Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Zefeng $401,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $502,000 -12.7% $164 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
07/23/2020 07/23/20 For Sale $575,000 -- $188 / 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 $11,838 $600,000 $98,800 $501,200
2023 $11,819 $545,000 $98,800 $446,200
2022 $18,005 $505,000 $98,800 $406,200
2021 $18,258 $520,000 $98,800 $421,200
2020 $11,971 $520,000 $98,800 $421,200
2019 $3,317 $520,000 $98,800 $421,200
2018 $11,717 $520,000 $98,800 $421,200
2017 $10,962 $475,000 $72,000 $403,000
2016 $11,067 $475,000 $72,000 $403,000
2015 -- $400,000 $72,000 $328,000
2014 -- $400,000 $72,000 $328,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB402562

APN: 500700-029-000-0002-002-000-0000