$609,000 - $634,000
RENTED JUN 10, 2025

298 Birchwood Dr N Ithaca, NY 14850

3 Beds
2.5 Baths
1,800 Sq Ft
$344 Price per Sq Ft

Last Sold April 30, 2021

Last sale price $440,000 $244 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,433/month

Highlights

  • 1 Fireplace
  • Separate Formal Living Room
  • Cooling Available
  • Northeast School Rated A
  • Home Office
  • 1-minute walk to Salem Park

About This Home

As of June 2025

Discover your ideal single-family rental in the Northeast with this exceptional 3-bedroom, 2.5 bathroom, 2-story home. It boasts a convenient main floor office, a formal dining room, 3 spacious bedrooms upstairs, and ample garage space. Enjoy the proximity to Northeast Elementary, Cornell University, Target, and Downtown Ithaca.

Last Agent to Rent the Property

Jordan Jacobsen

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-339-3206 License #10401218032 Listed on: 05/19/2025

Last Renter's Agent

Sarah Wisdorf

Ithaca Board Reciprocal/Non-member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,550

Year Built

  • Built in 1996

Lot Details

  • 0.5 Acre Lot
  • Rectangular Lot

Interior Spaces

  • 1,800 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Separate Formal Living Room
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Garage
  • Driveway

Schools

  • Northeast Elementary School
  • Ithaca Senior High School

Utilities

  • Cooling Available
  • Air Source Heat Pump

Community Details

  • Association fees include gardener, recycling, trash collection
  • Section 70 Subdivision

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 7/2/25
  • The owner pays for grounds care, trash collection
  • 12 Month Lease Term
  • Tax Lot 23
  • Assessor Parcel Number 503089-070-000-0010-023-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,550

Year Built

Built in 1996

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-07-02
  • Security Deposit: 3000.0
  • Pets Allowed: No

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.5
  • Subdivision Name: Section 70
  • Directions: From Hanshaw Rd, turn onto Salem Dr. Salem Dr. will veer right and turn into N. Birchwood Dr. House is toward the end of N. Birchwood across from Briarwood Dr.
  • Architectural Style: Other, See Remarks
  • Garage Yn: Yes
  • Year Built Details: Existing
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 607-339-3206
  • Special Features: VirtualTour
  • Year Built: 1996

Interior Features

  • Furnished: Unfurnished
  • Owner Pays: Grounds Care, Trash Collection
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Entrance Foyer, Separate/Formal Living Room, Home Office
  • Living Area: 1800.0
  • Dining Room Type: Laundry, Living Room, Office, Entry/Foyer

Exterior Features

  • Lot Features: Rectangular, Rectangular Lot
  • Waterfront: No
  • Exterior Features: Blacktop Driveway
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Garage

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump, Other, See Remarks
  • Cooling Y N: Yes
  • Heating: Heat Pump, Other, See Remarks
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Gardener, Recycling, Trash Collection
  • Pets Allowed: No

Schools

  • Elementary School: Northeast
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 503089-070-000-0010-023-000-0000

Tax Info

  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 30, 2021
Sold by
Lucente Homes Llc
Bought by
Chung-Yang Nathan C
Seller's Agent
Grace Petrisin
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Jordan Jacobsen
Warren Real Estate of Ithaca Inc.
List Price
$398,000
Sold Price
$440,000
Premium/Discount to List
$42,000
10.55%
Current Estimated Value
$620,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,080
Avg. Annual Appreciation
6.98%
Original Mortgage
$352,000
Outstanding Balance
$319,677
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$271,632
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
Chung-Yang Nathan C $440,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung-Yang Nathan C $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Rented $3,000 0.0% --
06/10/2025 06/10/25 Under Contract -- -- --
05/19/2025 05/19/25 For Rent $3,000 0.0% --
04/30/2021 04/30/21 Sold $440,000 +10.6% $153 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $398,000 -- $138 / 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 $13,550 $515,000 $55,000 $460,000
2023 $13,550 $484,000 $55,000 $429,000
2022 $11,850 $440,000 $55,000 $385,000
2021 $9,745 $315,000 $55,000 $260,000
2020 $9,729 $315,000 $55,000 $260,000
2019 $4,504 $315,000 $55,000 $260,000
2018 $9,897 $315,000 $55,000 $260,000
2017 $9,766 $305,000 $55,000 $250,000
2016 $9,823 $305,000 $55,000 $250,000
2015 -- $305,000 $55,000 $250,000
2014 -- $285,000 $55,000 $230,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1604267

APN: 503089-070-000-0010-023-000-0000