NOT LISTED FOR SALE

31 Lower Creek Rd Ithaca, NY 14850

Estimated Value: $358,000 - $429,000

3 Beds
2 Baths
1,835 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2024

Last sale price $407,000 $222 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,852 / mo

About This Home

This former creamery on 9.44 acres in the hamlet of Etna is magical. The property includes an acre of forever wild land on the north shore of Fall Creek and 8.5 level acres on the south side near the home...over 1700' of waterfront. The 3 br, 2 full bath home is cozy and welcoming, with hardwood floors, a modern kitchen, formal dining, vintage-style baths, and a glorious set of open and enclosed porches. Recent roof and fresh exterior paint.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 25, 2024
Sold by
Jennings Patricia K
Bought by
Overton Susan C
Seller's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Kyle Gebhart
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$349,000
Sold Price
$407,000
Premium/Discount to List
$58,000
16.62%
Views
4
Current Estimated Value
$395,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,442
Avg. Annual Appreciation
-1.47%
Original Mortgage
$281,250
Outstanding Balance
$276,379
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$119,179

Purchase Details

Closed on
Nov 21, 2008
Sold by
Solomon Joseph
Bought by
Hall Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,550
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2002
Sold by
Kepecs Randi
Bought by
Solomon Joseph

Purchase Details

Closed on
Jul 1, 1994
Sold by
Randolph John F Iii & Tr
Bought by
Anderson Paul and Kepecs Randi
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
Overton Susan C $407,000 None Available
Hall Michael H $209,000 Jonathan Albanese
Hall Michael H $209,000 Jonathan Albanese
Solomon Joseph $160,000 David W Herkala Esq
Solomon Joseph $160,000 David W Herkala Esq
Anderson Paul $145,000 --
Anderson Paul $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overton Susan C $281,250
Previous Owner Hall Michael H $198,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2024 05/09/24 Sold $407,000 +16.6% $222 / Sq Ft View Prior Sale
04/20/2024 04/20/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $349,000 -- $190 / Sq Ft

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
2025 $8,894 $365,000 $36,900 $328,100
2024 $8,894 $320,000 $36,900 $283,100
2023 $7,623 $243,000 $36,900 $206,100
2022 $7,365 $231,000 $36,900 $194,100
2021 $7,240 $220,000 $33,500 $186,500
2020 $7,202 $220,000 $33,500 $186,500
2019 $2,468 $220,000 $33,500 $186,500
2018 $6,869 $205,000 $33,500 $171,500
2017 $6,794 $205,000 $30,100 $174,900
2016 $6,801 $205,000 $30,100 $174,900
2015 -- $205,000 $30,100 $174,900
2014 -- $205,000 $30,100 $174,900
Source: Public Records

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