NOT LISTED FOR SALE

216 Forest Home Dr Ithaca, NY 14850

Forest Home Neighborhood

Estimated Value: $588,000 - $634,000

2 Beds
1 Bath
1,949 Sq Ft
$310/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $290,000 $149 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,301/month

81 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Cottage
  • Cayuga Heights Elementary School Rated A-
  • 1 Fireplace
  • Home Office

About This Home

As of October 2020

A project worth doing! This classic Forest Home 2 story cottage was built in 1825, is in an Estate and is being sold in as is condition. First time on the market since 1965. The rushing waters of Fall Creek are within view from many rooms and the sound will fill your days. Relatively wide and deep lot offers gardens and a small barn. Cherry and pine floors, plaster walls, and wood burning fireplace. House is described as 2 bedroom, but on the 2nd floor there is a sleeping porch at rear and an expanded landing that is large enough for a living room or open office. Main level offers a small study/library and formal dining. Easy stroll to the Cornell campus and CU Botanical Gardens.

Last Agent to Sell the Property

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: carol@carolbushberg.com License #10301223410 Listed on: 06/19/2020

Last Buyer's Agent

Jill Rosentel

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,017

Year Built

  • Built in 1825

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 90x187

Parking

  • 2 Car Garage
  • Parking Available
  • On-Street Parking
  • Off-Site Parking

Home Design

  • Cottage
  • Stone Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,949 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Home Office
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Cayuga Heights Elementary School
  • Boynton Middle School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Outbuilding
  • Barn

Community Details

  • Forest Home Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503089 66.-2-10.2

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,017

Year Built

Built in 1825

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 90X187
  • Subdivision Name: Forest Home
  • Directions: On Forest Home Drive, between Pleasant Grove and Warren Roads. White house on east side of Forest Home Drive.Opposite Fall Creek.
  • Architectural Style: Cottage, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1825
  • Attribution Contact: carol@carolbushberg.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, See Remarks
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Amenities: Entrance Foyer, Home Office, Other, See Remarks
  • Living Area: 1949.0
  • Dining Room Type: Office, Entry/Foyer
  • Stories: 2

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: Stone
  • Other Structures: Barn(s), Outbuilding
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Concrete, Garage, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

  • Heating: Gas, Hot Water, Steam
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 12197.0
  • Parcel #: 503089 66.-2-10.2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Oct 1, 2020
Sold by
Bayer Helen T M Est
Bought by
Armitage Michael J and Blakely-Armitage Robin M
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
$340,000
Sold Price
$290,000
Premium/Discount to List
-$50,000
-14.71%
Current Estimated Value
$602,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,785
Avg. Annual Appreciation
14.51%
Original Mortgage
$232,000
Outstanding Balance
$208,670
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$350,116
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
Armitage Michael J $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armitage Michael J $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $290,000 -14.7% $149 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $340,000 -- $174 / 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 $12,017 $495,000 $91,400 $403,600
2023 $12,017 $440,000 $91,400 $348,600
2022 $10,709 $400,000 $91,400 $308,600
2021 $9,025 $300,000 $91,400 $208,600
2020 $8,964 $300,000 $91,400 $208,600
2019 $3,988 $300,000 $91,400 $208,600
2018 $8,483 $300,000 $91,400 $208,600
2017 $8,685 $300,000 $91,400 $208,600
2016 $6,896 $240,000 $91,400 $148,600
2015 -- $240,000 $91,400 $148,600
2014 -- $240,000 $91,400 $148,600
Source: Public Records

Agents Affiliated with this Home

  • Carol Bushberg

    Seller's Agent in 2020

    Carol Bushberg

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 279-4530

    1 in this area

    143 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    Jill Rosentel

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 280-2491

    1 in this area

    238 Total Sales

    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB402219

APN: 503089-066-000-0002-010-002-0000

New York Tompkins County Ithaca 14850 Forest Home

216 Forest Home Dr, Ithaca, NY

This home is located at 216 Forest Home Dr, Ithaca, NY 14850 since 19 June 2020 and is currently estimated at $604,774, approximately $310 per square foot. This property was built in 1825. 216 Forest Home Dr is a home located in Tompkins County with nearby schools including Cayuga Heights Elementary School, Boynton Middle School, and Ithaca Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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