NOT LISTED FOR SALE

318 Backus Rd Cayuga, NY 13034

Estimated Value: $703,000 - $801,000

3 Beds
2.5 Baths
2,687 Sq Ft
$281/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $535,000 $199 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,066/month

8 Days on Market

Highlights

  • Lake Front
  • Deck
  • Main Floor Primary Bedroom
  • Beach Access
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of August 2017

Hibiscus Harbor is a truly great place to live! This unique waterfront community is anything but average, to know it, is to love it!! Just a few doors from the end of the road you'll find this stately & versatile contemporary home. Tucked behind a massive green wall, on 140' of manicured prime level Cayuga Lake sunset frontage; it simply doesn't get any better! The open concept interior features a wall of glass which brings the lake into the home, the design suits many buyer types; great for entertaining friends/family, yet also a serene/private waterfront retreat. 1st floor master suite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,037

Year Built

  • Built in 1975

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 64x252
  • Lake Front

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,687 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck

Schools

  • Andrew J Smith Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 055489 133.20-1-12

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,037

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Lot Size: 64X252
  • Water Body Name: Cayuga
  • Garage Yn: Yes
  • Year Built: 1975
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: simonfricano@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Interior Amenities: Ceiling Fan(s), Main Level Primary
  • Living Area: 2687.0

Exterior Features

  • Lot Features: Lake Front
  • Waterfront Features: Beach Access, Lake, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

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

Schools

  • Elementary School: Andrew J Smith Elementary
  • Junior High Dist: Union Springs

Lot Info

  • Lot Size Sq Ft: 16117.0
  • Parcel #: 055489 133.20-1-12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11037.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jul 25, 2017
Sold by
Rue Bernette Ann and Menges Karen
Bought by
Terpening Cassandra and Terpening Richard
List Price
$585,000
Sold Price
$535,000
Premium/Discount to List
-$50,000
-8.55%
Current Estimated Value
$754,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,523
Avg. Annual Appreciation
4.59%

Purchase Details

Listed on
May 26, 2015
Closed on
Aug 27, 2015
Sold by
Sprague Phyllis B
Bought by
Rue Bernette Ann and Menges Karen
List Price
$495,000
Sold Price
$479,000
Premium/Discount to List
-$16,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$383,200
Interest Rate
3.46%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 21, 2001
Sold by
David Sprague
Bought by
Sprague Phyllis B

Purchase Details

Closed on
Sep 27, 1999
Sold by
Casler Michale F
Bought by
Sprague Daivd A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Terpening Cassandra -- None Available
Rue Bernette Ann $479,000 First American Title Ins Co
Sprague Phyllis B -- None
Sprague Daivd A $271,000 Thomas Teone
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rue Bernette Ann $383,200
Previous Owner Sprague Phyllis B $7,418
Previous Owner Sprague David A $247,000
Previous Owner Sprague David A $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2017 08/07/17 Sold $535,000 -8.5% $199 / Sq Ft
07/08/2017 07/08/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $585,000 +22.1% $218 / Sq Ft
08/27/2015 08/27/15 Sold $479,000 -3.2% $178 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $495,000 -- $184 / 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 $11,465 $652,400 $324,900 $327,500
2023 $11,589 $607,200 $253,500 $353,700
2022 $12,493 $561,700 $253,500 $308,200
2021 $12,785 $561,700 $253,500 $308,200
2020 $12,267 $374,100 $160,000 $214,100
2019 $11,363 $374,100 $160,000 $214,100
2018 $11,363 $374,100 $160,000 $214,100
2017 $11,176 $374,100 $160,000 $214,100
2016 $11,038 $374,100 $160,000 $214,100
2015 -- $374,100 $160,000 $214,100
2014 -- $374,100 $160,000 $214,100
Source: Public Records

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB310624

APN: 055489-133-020-0001-012-000-0000

New York Cayuga County Cayuga 13034

318 Backus Rd, Cayuga, NY

This home is located at 318 Backus Rd, Cayuga, NY 13034 since 29 June 2017 and is currently estimated at $754,523, approximately $280 per square foot. This property was built in 1975. 318 Backus Rd is a home located in Cayuga County with nearby schools including Andrew J. Smith Elementary School, Union Springs Middle School, and Union Springs Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes