NOT LISTED FOR SALE

216 Berkshire Rd Ithaca, NY 14850

Estimated Value: $522,000 - $569,000

3 Beds
2 Baths
2,276 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $442,216 $194 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,869/month

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Cayuga Heights Elementary School Rated A-
  • Separate Formal Living Room
  • Garage

About This Home

As of August 2024

Nestled on a generous half-acre lot in the charming Village of Cayuga Heights, this robust brick ranch home epitomizes mid-century modern architectural design. Constructed during the peak of this era, the residence exudes openness and spaciousness, illuminated by an abundance of windows that seamlessly blend the indoor and outdoor spaces. The expansive interior boasts a sizable kitchen, outfitted with new stainless steel appliances, three bedrooms accompanied by two full baths, refurbished red oak hardwood floors and newly painted walls.

Last Agent to Rent the Property

Garrett Venuto

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-592-1762 License #10401360100 Listed on: 04/10/2024

Last Renter's Agent

Kathleen Seaman

Warren Real Estate of Ithaca Inc. License #30SE0908346

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 151x162

Home Design

  • Ranch Style House

Interior Spaces

  • 2,276 Sq Ft Home
  • 1 Fireplace
  • Separate Formal Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Gravel Driveway

Schools

  • Cayuga Heights Elementary School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include hot water, sewer, water

Listing and Financial Details

  • Security Deposit $3,750
  • Property Available on 8/5/24
  • 12 Month Lease Term
  • Assessor Parcel Number 503001-002-000-0007-013-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2024-08-05
  • Security Deposit: 3750.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.59
  • Lot Size: 151X162
  • Directions: Located on a quiet side street off of Cayuga Heights Road.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built Details: Existing
  • Year Built: 1959
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 607-592-1762
  • Special Features: None
  • Year Built: 1959

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Separate/Formal Living Room, Main Level Primary
  • Living Area: 2276.0
  • Dining Room Type: Living Room

Exterior Features

  • Waterfront: No
  • Exterior Features: Gravel Driveway
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Hot Water, Sewer, Water
  • Pets Allowed: Negotiable

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 503001-002-000-0007-013-000-0000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2023
Closed on
Oct 4, 2023
Sold by
Palmer Janet A Est and Palmer
Bought by
Burlington Jill and Lasskorn Martin
Seller's Agent
Alice Moore
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
List Price
$360,000
Sold Price
$442,216
Premium/Discount to List
$82,216
22.84%
Current Estimated Value
$545,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,565
Avg. Annual Appreciation
10.13%
Original Mortgage
$342,000
Outstanding Balance
$333,340
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,441
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
Burlington Jill $442,216 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burlington Jill $342,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2024 08/01/24 Rented $3,600 0.0% --
06/17/2024 06/17/24 Under Contract -- -- --
05/22/2024 05/22/24 Price Changed $3,600 -4.0% $2 / Sq Ft
04/11/2024 04/11/24 For Rent $3,750 0.0% --
10/04/2023 10/04/23 Sold $442,216 +22.8% $194 / Sq Ft View Prior Sale
09/04/2023 09/04/23 Pending -- -- --
06/24/2023 06/24/23 For Sale $360,000 -- $158 / 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 $12,108 $440,000 $136,200 $303,800
2023 $12,680 $418,000 $136,200 $281,800
2022 $12,068 $380,000 $136,200 $243,800
2021 $12,056 $380,000 $136,200 $243,800
2020 $11,494 $360,000 $136,200 $223,800
2019 $9,353 $360,000 $136,200 $223,800
2018 $10,793 $360,000 $136,200 $223,800
2017 $9,417 $300,000 $136,200 $163,800
2016 $9,400 $300,000 $136,200 $163,800
2015 -- $300,000 $136,200 $163,800
2014 -- $300,000 $136,200 $163,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1531061

APN: 503001-002-000-0007-013-000-0000