NOT LISTED FOR SALE

294 Birchwood Dr N Ithaca, NY 14850

Estimated Value: $597,967 - $689,000

6 Beds
5 Baths
2,882 Sq Ft
$222/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $610,000 $212 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,437/month

6 Days on Market

Highlights

  • Cathedral Ceiling
  • 2 Fireplaces
  • Ceiling Fan
  • Northeast School Rated A
  • Tile Flooring
  • 1-minute walk to Salem Park

About This Home

As of May 2024

Large 2-bedroom with full basement, garage, and shared yard in a quiet neighborhood. A/C, gas fireplace, W/D, side-by-side refrigerator with ice maker. Dishwasher and disposal. Ceiling fans in the bedrooms. 1/2 bath in the master. Close to Cornell, Sapsucker Woods, and the Lab of Ornothology!

Last Agent to Sell the Property

Jill Burlington

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-592-0474 License #30BU0950986 Listed on: 03/20/2024

Last Buyer's Agent

Karen Eldredge

Howard Hanna S Tier Inc License #10491206761

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,722

Year Built

  • Built in 1998

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 109x242

Parking

  • 3 Car Garage
  • Common or Shared Parking
  • Garage Door Opener

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,882 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Northeast Elementary School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 503089-070-000-0010-025-000-0000

Community Details

Overview

  • Association fees include gardener, parking, snow removal
  • 2 Units

Building Details

  • Net Operating Income $30,578

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,722

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Lot Size: 109X242
  • Road Frontage Type: City Street
  • Directions: From Rt. 13, turn onto N. Triphammer towards Community Corners. Turn left onto Hanshaw Rd. Turn left onto Salem Dr. Turn right onto Birchwood Dr. N. The property is at the end on the left.
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1998
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 607-592-0474
  • Special Features: None
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Luxury Vinyl, Tile, Varies
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s)
  • Living Area: 2882.0
  • Stories: 2

Exterior Features

  • Lot Features: Residential Lot
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Foundation Details: Block
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Common, Concrete, Garage, Garage Door Opener

Utilities

  • Heating: Gas, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Parking, Snow Removal

Schools

  • Elementary School: Northeast
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 26378.0
  • Parcel #: 503089-070-000-0010-025-000-0000
  • Zoning Description: Residential 2 Unit
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Property Net Operating Income: 30578.0

Tax Info

  • Tax Annual Amount: 11722.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
May 15, 2024
Sold by
Yaggie James A and Yaggie Jacqueline F
Bought by
Lane Suzanne T
Seller's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Karen Eldredge
Howard Hanna S Tier Inc
List Price
$549,500
Sold Price
$610,000
Premium/Discount to List
$60,500
11.01%
Views
2
Current Estimated Value
$638,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,992
Avg. Annual Appreciation
-4.79%
Original Mortgage
$400,000
Outstanding Balance
$393,968
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$177,474

Purchase Details

Closed on
Jan 19, 2021
Sold by
Lucente Homes Llc
Bought by
Yaggie James A and Yaggie Jacqueline F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,180
Interest Rate
2.67%
Mortgage Type
FHA
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
Lane Suzanne T $610,000 None Available
Yaggie James A $404,000 Stewart Title
Yaggie James A $404,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Suzanne T $400,000
Previous Owner Yaggie Jacqueline F $81,800
Previous Owner Yaggie James A $295,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,800 -- --
08/15/2024 08/15/24 For Rent $1,800 0.0% --
05/15/2024 05/15/24 Sold $610,000 +11.0% $212 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $549,500 -- $191 / 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 $12,385 $520,000 $54,400 $465,600
2023 $12,385 $440,000 $54,400 $385,600
2022 $11,116 $400,000 $54,400 $345,600
2021 $9,601 $310,000 $54,400 $255,600
2020 $9,583 $310,000 $54,400 $255,600
2019 $4,441 $310,000 $54,400 $255,600
2018 $9,748 $310,000 $54,400 $255,600
2017 $9,766 $305,000 $54,400 $250,600
2016 $9,823 $305,000 $54,400 $250,600
2015 -- $305,000 $54,400 $250,600
2014 -- $300,000 $54,400 $245,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1526859

APN: 503089-070-000-0010-025-000-0000