NOT LISTED FOR SALE

314 Old Gorge Rd Ithaca, NY 14850

South Hill Neighborhood

Estimated Value: $751,000 - $870,000

5 Beds
3.5 Baths
3,425 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $660,000 $193 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,626/month

69 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Hydromassage or Jetted Bathtub
  • South Hill School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of May 2022

Bright & spacious, custom built 5 bed/3.5 bath home nestled in the established Southwoods Subdivision on Ithaca's South Hill. 2 story foyer, custom eat-in kitchen w/ granite countertops & stainless steel appliances, formal dining room, family room & formal living room w/ gas fireplace. Oak flooring throughout most of the main level. 4 beds & 2 full baths upstairs. Primary bedroom has a private bath w/ whirlpool tub. Newly finished lower level walkout includes additional bedroom, full bath, family/rec room space & storage. Generously sized front porch, large back deck, spacious yard give plenty of options to enjoy the gorgeous outdoor space that surrounds. Oversized 2 car garage. Private, wooded lot backs up to Eldredge Preserve, an 87 acre conservation area with a mile+ long trail that follows the side of a gorge through a landscape of various indigenous trees teaming w a striking variety of birds known to the area. Conveniently located close to IC, Cornell, downtown Ithaca.

Last Agent to Sell the Property

Jill Burlington

Warren Real Estate of Ithaca Inc. Brokerage Email: jill@warrenhomes.com License #30BU0950986 Listed on: 02/17/2022

Last Buyer's Agent

Susan Lustick

Warren Real Estate of Ithaca Inc. License #30LU0738088

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 0.7

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,425 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Home Office

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Schools

  • South Hill Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Deck
  • 0.7 Acre Lot

Community Details

  • Southwoods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503089 46.-1-15.26

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Subdivision Name: Southwoods
  • Directions: From Ithaca, take 96 B S, turn left onto E. King, turn right onto Southwoods, turn left onto Old Gorge, your destination will be on you right.
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 2012
  • ResoBuildingAreaSource: Plans
  • Attribution Contact: jill@warrenhomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Finished, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Home Office, Jetted Tub
  • Living Area: 3425.0
  • Dining Room Type: Office

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Poured
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: South Hill
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 30492.0
  • Parcel #: 503089 46.-1-15.26
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
May 27, 2022
Sold by
Swanstrom Daniel and Swanstrom Kristin
Bought by
Kinney David F and Yant-Kinney Monica
Seller's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Susan Lustick
Warren Real Estate of Ithaca Inc.
List Price
$579,000
Sold Price
$660,000
Premium/Discount to List
$81,000
13.99%
Current Estimated Value
$789,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,620
Avg. Annual Appreciation
5.12%
Original Mortgage
$450,000
Outstanding Balance
$427,537
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$362,083

Purchase Details

Listed on
Jun 20, 2016
Closed on
Apr 10, 2017
Sold by
Eichhorn Ralf
Bought by
Swanstrom Daniel
Seller's Agent
Richard Patterson
Howard Hanna S Tier Inc
Buyer's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
List Price
$435,000
Sold Price
$415,000
Premium/Discount to List
-$20,000
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$394,250
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2011
Closed on
May 25, 2012
Sold by
Heritage Park Townhouses, Inc.
Bought by
Eichhorn Ralf
Seller's Agent
Jolene Rightmyer-Macolini
Berkshire Hathaway HomeServices Heritage Realty
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%

Purchase Details

Closed on
Oct 6, 2005
Sold by
Southwoods Associates Llc
Bought by
Heritage Park Townhouses Inc

Purchase Details

Closed on
Jul 20, 2004
Sold by
Southwoods Associates Llc
Bought by
Parsons and Constructi Putnam Constructi
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
Kinney David F $660,000 None Available
Swanstrom Daniel $415,000 Tesi Virginia
Eichhorn Ralf $375,000 Mariette Geldenhuys
Heritage Park Townhouses Inc $60,000 Mahlon Perkins
Parsons $47,500 Joseph Allen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinney David F $450,000
Previous Owner Swanstrom Daniel $394,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $660,000 +14.0% $193 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $579,000 +39.5% $169 / Sq Ft
04/10/2017 04/10/17 Sold $415,000 -4.6% $148 / Sq Ft View Prior Sale
03/11/2017 03/11/17 Pending -- -- --
06/20/2016 06/20/16 For Sale $435,000 +16.0% $155 / Sq Ft
05/25/2012 05/25/12 Sold $375,000 0.0% $134 / Sq Ft View Prior Sale
04/25/2012 04/25/12 Pending -- -- --
05/05/2011 05/05/11 For Sale $375,000 -- $134 / 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 $17,873 $740,000 $70,000 $670,000
2023 $17,842 $660,000 $70,000 $590,000
2022 $13,987 $512,000 $70,000 $442,000
2021 $12,438 $420,000 $70,000 $350,000
2020 $12,505 $420,000 $70,000 $350,000
2019 $5,538 $420,000 $70,000 $350,000
2018 $12,746 $425,000 $70,000 $355,000
2017 $12,581 $425,000 $70,000 $355,000
2016 $11,150 $375,000 $70,000 $305,000
2015 -- $375,000 $70,000 $305,000
2014 -- $375,000 $70,000 $305,000
Source: Public Records

Agents Affiliated with this Home

  • Jill Burlington

    Seller's Agent in 2022

    Jill Burlington

    Warren Real Estate of Ithaca Inc.

    (607) 592-0474

    20 in this area

    299 Total Sales

    Jill Burlington
    Section Image
  • Susan Lustick

    Buyer's Agent in 2022

    Susan Lustick

    Warren Real Estate of Ithaca Inc.

    (607) 280-1642

    2 in this area

    80 Total Sales

    Susan Lustick
    Section Image
  • Richard Patterson

    Seller's Agent in 2017

    Richard Patterson

    Howard Hanna S Tier Inc

    (607) 257-3200

    1 in this area

    26 Total Sales

    Richard Patterson
    Section Image
  • Jolene Rightmyer-Macolini

    Seller's Agent in 2012

    Jolene Rightmyer-Macolini

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 339-1559

    15 in this area

    103 Total Sales

    Jolene Rightmyer-Macolini
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB405984

APN: 503089-046-000-0001-015-026-0000

New York Tompkins County Ithaca 14850 South Hill

314 Old Gorge Rd, Ithaca, NY

Not Listed for Sale

Detached

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