NOT LISTED FOR SALE

258 Thomas Rd Ithaca, NY 14850

Estimated Value: $667,000 - $937,967

1 Bed
3 Baths
2,843 Sq Ft
$289/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $730,000 $257 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,951/month

92 Days on Market

Highlights

  • Barn
  • 41.28 Acre Lot
  • Pond
  • DeWitt Middle School Rated A-
  • Contemporary Architecture
  • Partially Wooded Lot

About This Home

As of August 2021

You've never experienced anything like it! This 41 acre Ellis Hollow hillside was once the setting of a private ski hill; now the property is known as The Ledge, a spectacular custom home & barn/shop w/180 degree views. Both barn & home were constructed by Kermit Cutter, in 2005 & 2008. The one br, 2 full bath home has over 2800 sq.ft. w/central air conditioning, radiant floor heat, walls of Marvin windows trimmed with oak, a 260 sq.ft. dressing room, & kitchen w/commercial quality grill, range hood & warming oven. The shop/barn has a total of over 8500 sq.ft.;3200 sq.ft. of heated shop space, office, & sleeping room (w/full bath) & sep.septic. The remainder of the barn has 3 overhead garage doors, 30 foot high ceilings & feels as large as a hangar. The grounds: a graceful, winding drive, a 2/3 acre swimming pond (with dock) that is 10-12' deep & stocked w/bluegills & koi. Patios, porches and walkways abound, from which to enjoy the setting.

Last Agent to Sell the Property

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: carol@carolbushberg.com License #10301223410 Listed on: 04/19/2021

Last Buyer's Agent

Jill Burlington

Warren Real Estate of Ithaca Inc. License #30BU0950986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,363

Year Built

  • Built in 2005

Lot Details

  • 41.28 Acre Lot
  • Partially Wooded Lot

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,843 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Patio
  • Shed
  • Outbuilding

Schools

  • Caroline Elementary School
  • Dewitt Middle School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Hot Water Heating System
  • Well
  • Septic Tank

Additional Features

  • Energy-Efficient Windows
  • Barn

Community Details

  • Ellis Hollow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1.-1-3.8

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,363

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 41.28
  • Lot Size: 315X
  • Subdivision Name: Ellis Hollow
  • Directions: From the City of Ithaca: State Route 79 East 5.9 miles. Make left onto Thomas Road. In 1.2 miles, driveway will be on your left. See Carol Bushberg Real Estate sign.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 2005
  • Attribution Contact: carol@carolbushberg.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, See Remarks, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile, Varies
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Other, See Remarks, Main Level Primary
  • Living Area: 2843.0

Exterior Features

  • Lot Features: Other, See Remarks, Wooded, Pond
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Propane Tank - Leased, Patio
  • Other Structures: Barn(s), Outbuilding, Shed(s), Storage
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Propane, Oil, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Lot Size Sq Ft: 1798157.0
  • Parcel #: 1.-1-3.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16363.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Aug 19, 2021
Sold by
Mara Mark and Mara Janet
Bought by
Christen Jeffrey R and Christen Sarah J
Seller's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
List Price
$675,000
Sold Price
$730,000
Premium/Discount to List
$55,000
8.15%
Current Estimated Value
$821,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,492
Avg. Annual Appreciation
2.76%
Original Mortgage
$584,000
Outstanding Balance
$531,037
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$290,455

Purchase Details

Closed on
Oct 16, 2020
Sold by
Mara Mark and Mara Janet
Bought by
Dimock Thomas A and Dimock Barbara A
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
Christen Jeffrey R $730,000 None Available
Dimock Thomas A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christen Jeffrey R $584,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $730,000 +8.1% $257 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $675,000 -- $237 / 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 $19,752 $840,000 $172,100 $667,900
2023 $19,055 $750,000 $172,100 $577,900
2022 $18,043 $750,000 $172,100 $577,900
2021 $13,546 $575,000 $160,700 $414,300
2020 $13,770 $575,000 $160,700 $414,300
2019 $10,916 $575,000 $160,700 $414,300
2018 $14,077 $575,000 $160,700 $414,300
2017 $14,577 $575,000 $156,700 $418,300
2016 $10,990 $443,300 $156,700 $286,600
2015 -- $443,300 $156,700 $286,600
2014 -- $443,300 $156,700 $286,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB404134

APN: 502000-001-000-0001-003-008-0000