NOT LISTED FOR SALE

206 Salem Dr Ithaca, NY 14850

Estimated Value: $432,000 - $487,000

5 Beds
2.5 Baths
2,226 Sq Ft
$209/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $362,000 $163 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,391/month

20 Days on Market

Highlights

  • Deck
  • Raised Ranch Architecture
  • Attic Fan
  • Northeast School Rated A
  • Wood Flooring
  • 3-minute walk to Salem Park

About This Home

As of July 2022

Located in one of Ithaca's most walkable neighborhoods, this raised ranch features a stone entryway, 5 bedrooms, 2.5 baths, and a 3-season sunroom and deck offering a quiet place to sit and relax. The lower level can be used as an apartment for visiting guests, as a rental, or be left open for a single-family home. Just a short walk down the street will bring you to the Sapsucker Woods Lab of Ornithology nature trails offering miles of hiking and bird watching, Tareyton Park and the Northeast Ithaca Walkway to the Northeast Elementary School and Dewitt Middle School. Located just minutes to shopping, Cornell, Sapsucker Woods and schools. The TCAT bus stops at the corner of Salem and Bershire Road North (see schedule in documents).

Last Agent to Sell the Property

Dennis Mogil

Howard Hanna S Tier Inc Brokerage Email: dennis.mogil.realtor@gmail.com License #30MO0989601 Listed on: 06/07/2022

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,267

Year Built

  • Built in 1963

Lot Details

  • 0.36

Parking

  • 2 Car Garage

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,226 Sq Ft Home
  • Ceiling Fan
  • Attic Fan
  • Finished Basement

Kitchen

  • Built-In Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Northeast Elementary School

Utilities

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

Additional Features

  • Energy-Efficient Windows
  • Deck
  • 0.36 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 70.-11-33

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,267

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Directions: From Ithaca - Route 13N to right on Warren Road. Left on Hanshaw. Left on Salem to 206.
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1963
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: dennis.mogil.realtor@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Laminate, Tile, Varies
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2226.0

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Attic Fan
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Northeast
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 15682.0
  • Parcel #: 70.-11-33
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 27, 2022
Sold by
Zhu Congyin and Zhou Chaoran
Bought by
Li Weihong and Gao Zefeng
Seller's Agent
Dennis Mogil
Howard Hanna S Tier Inc
List Price
$385,000
Sold Price
$362,000
Premium/Discount to List
-$23,000
-5.97%
Current Estimated Value
$466,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,125
Avg. Annual Appreciation
8.55%
Original Mortgage
$362,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2018
Sold by
Zhu Congyin and Zhou Chaoran
Bought by
Zhu Congyin and Zhou Chaoran

Purchase Details

Listed on
Feb 5, 2013
Closed on
May 7, 2013
Sold by
Zhou Qinlian
Bought by
Zhu Congyin and Zhou & Zhou
Buyer's Agent
Dennis Mogil
Howard Hanna S Tier Inc
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$188,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2007
Sold by
Dechellis Vincent J
Bought by
Jiang Wenhua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 28, 2007
Sold by
Dechellis Vincent F
Bought by
Dechellis Vincent J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
6.21%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Li Weihong $362,000 None Available
Zhu Congyin -- --
Zhu Congyin $235,000 Klausner Adam
Jiang Wenhua $218,000 Randy Marcus
Dechellis Vincent J -- Joy A Blumkin
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Zefeng $309,750
Closed Li Weihong $362,000
Previous Owner Zhu Congyin $172,000
Previous Owner Zhu Congyin $188,000
Previous Owner Zhou Qinlian $145,000
Previous Owner Jiang Wenhua $174,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $362,000 -6.0% $163 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $385,000 +63.8% $173 / Sq Ft
05/07/2013 05/07/13 Sold $235,000 0.0% $106 / Sq Ft
04/07/2013 04/07/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $235,000 -- $106 / 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 $10,267 $400,000 $46,600 $353,400
2023 $10,267 $360,000 $46,600 $313,400
2022 $8,098 $267,000 $46,600 $220,400
2021 $7,728 $245,000 $46,600 $198,400
2020 $7,691 $245,000 $46,600 $198,400
2019 $3,627 $245,000 $46,600 $198,400
2018 $7,810 $245,000 $46,600 $198,400
2017 $7,619 $235,000 $46,600 $188,400
2016 $7,656 $235,000 $46,600 $188,400
2015 -- $235,000 $46,600 $188,400
2014 -- $235,000 $46,600 $188,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406852

APN: 503089-070-000-0011-033-000-0000