NOT LISTED FOR SALE

206 Pine Tree Rd Ithaca, NY 14850

Estimated Value: $378,000 - $482,455

6 Beds
2 Baths
2,190 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $415,000 $189 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,001/month

47 Days on Market

Highlights

  • 1.62 Acre Lot
  • Deck
  • Partially Wooded Lot
  • DeWitt Middle School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2021

This duplex was constructed by BOCES students in the mid-1980s and contractors who work on the house tell the seller that they are highly impressed with its quality. 3 brs & one bath in each of the two units; each apt also has its own laundry machines and storage. Both sets of tenants now mo to mo.The downstairs tenants are vacating to buy a home in October; buyers can owner-occupy. Each unit pays $1200/mo + gas & electricity; seller pays for water & sewer. Deep and spectacular 1.62 acre lot with a smaller fenced and professionally designed shade garden bordering the home. This parcel adjoins Cornell-owned land to the east. Kids attend public school at Belle Sherman & Dewitt Middle School. Wonderful distant views, especially in winter. All municipal services, natural gas, broadband via Spectrum. Use the public sidewalk across the street to walk to East Hill Plaza.

Last Agent to Sell the Property

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: carol@carolbushberg.com License #10301223410 Listed on: 08/23/2021

Last Buyer's Agent

Jill Rosentel

Warren Real Estate of Ithaca Inc. (Downtown) License #10301201202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,460

Year Built

  • Built in 1985

Lot Details

  • 1.62 Acre Lot
  • Partially Fenced Property
  • Partially Wooded Lot

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 2,190 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill

Schools

  • Belle Sherman Elementary School
  • Dewitt Middle School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Wall Furnace
  • Baseboard Heating
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 503089 60.-1-10.2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,460

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.62
  • Lot Size: 123X
  • Directions: From the City of Ithaca, travel east on Route 79. Turn left onto Honness Lane. Make left onto Pine Tree. House is the 2nd from the corner. See CBRE sign.
  • Architectural Style: Contemporary
  • Efficiency: Windows
  • Year Built: 1985
  • Attribution Contact: carol@carolbushberg.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies, Vinyl
  • Living Area: 2190.0

Exterior Features

  • Fencing: Partial
  • Lot Features: Wooded
  • Construction Type: Cedar, Frame, Other, See Remarks, Wood Siding
  • Exterior Features: Barbecue, Deck, Fence, Patio
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt

Utilities

  • Cooling: Separate Meters, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Separate Meters, Baseboard, Wall Furnace
  • 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: Dewitt Middle

Lot Info

  • Lot Size Sq Ft: 70567.0
  • Parcel #: 503089 60.-1-10.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8460.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Nov 8, 2021
Sold by
Gleason Kathryn L
Bought by
Correa Daniel and Romier Jules
Seller's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$437,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,114
Avg. Annual Appreciation
-0.22%
Original Mortgage
$351,636
Outstanding Balance
$323,564
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$87,927

Purchase Details

Closed on
Aug 29, 2002
Sold by
Vanevery James
Bought by
Gleason Kathryn L
Source: Public Records

Range of Values:

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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
Correa Daniel $415,000 None Available
Gleason Kathryn L $155,000 Michael R May
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Daniel $351,636
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $415,000 0.0% $189 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $415,000 -- $189 / 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 $8,311 $300,000 $52,500 $247,500
2023 $8,311 $300,000 $52,500 $247,500
2022 $11,105 $410,000 $52,500 $357,500
2021 $9,169 $295,000 $52,500 $242,500
2020 $8,583 $295,000 $52,500 $242,500
2019 $3,690 $250,000 $52,500 $197,500
2018 $7,960 $250,000 $52,500 $197,500
2017 $8,079 $250,000 $52,500 $197,500
2016 $6,572 $200,000 $52,500 $147,500
2015 -- $200,000 $52,500 $147,500
2014 -- $200,000 $52,500 $147,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB405099

APN: 503089-060-000-0001-010-002-0000