NOT LISTED FOR SALE

320 Old Gorge Rd Ithaca, NY 14850

South Hill Neighborhood

Estimated Value: $791,000 - $879,000

4 Beds
2.5 Baths
4,157 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $568,000 $137 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,898/month

58 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • South Hill School Rated A-
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of July 2019

Curb appeal galore. This home has it all inside and out. Located in upscale Southwoods Development on Ithacas South Hill. Over $70,000 in Improvements since purchase - in all the right places; Complete refresh of kitchen, New engineered hardwood on main level, Complete renovation of master bathroom. Freshly painted throughout. Main level & Lower Level in-floor radiant heat. Bonus room over garage. Spectacular Great Room off kitchen w/ gas fp. Roughed-in bath plumbing in walk-out lower level. Welcoming Pillared front porch. Minutes to downtown, Ithaca College & Cornell.

Last Agent to Sell the Property

Jolene Rightmyer-Macolini

Berkshire Hathaway HomeServices Heritage Realty Brokerage Email: Jolene@SellsYourProperty.com License #30RI0970594 Listed on: 05/03/2019

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Jordan Jacobsen

Warren Real Estate of Ithaca Inc. License #10401218032

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.81

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 4,157 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Entrance Foyer
  • Home Office
  • Loft

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Basement

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

Schools

  • South Hill Elementary School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Deck
  • 0.81 Acre Lot

Community Details

  • Southwoods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503089 46.-1-15.28

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.81
  • Lot Size: 155X
  • Water Body Name: None
  • Subdivision Name: Southwoods
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 2006
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: Jolene@SellsYourProperty.com
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Entrance Foyer, Eat-in Kitchen, Home Office, Jetted Tub, Skylights, Loft, Main Level Primary
  • Living Area: 4157.0
  • Dining Room Type: Loft, Office, Entry/Foyer
  • Window Features: Skylight(s)

Exterior Features

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

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Baseboard, Hot Water
  • 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: 35283.0
  • Parcel #: 503089 46.-1-15.28
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 31, 2019
Sold by
Kelley Karen S and Dabney Matthew S
Bought by
Loeffelman Michael P and Loeffelman Jennifer J
Seller's Agent
Jolene Rightmyer-Macolini
Berkshire Hathaway HomeServices Heritage Realty
Buyer's Agent
Jordan Jacobsen
Warren Real Estate of Ithaca Inc.
List Price
$580,000
Sold Price
$568,000
Premium/Discount to List
-$12,000
-2.07%
Current Estimated Value
$822,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,920
Avg. Annual Appreciation
6.07%
Original Mortgage
$495,000
Outstanding Balance
$433,529
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$395,218

Purchase Details

Listed on
Dec 28, 2017
Closed on
Mar 30, 2018
Sold by
Decker Daniel and Decker Christine
Bought by
Kelley Karen S and Dabney Matthew S
Seller's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$524,900
Sold Price
$510,000
Premium/Discount to List
-$14,900
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$412,000
Interest Rate
4.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2010
Sold by
National Residential Nomi
Bought by
Decker Daniel

Purchase Details

Closed on
Apr 25, 2008
Sold by
Heritage Park Townhouses Inc
Bought by
Kessy Rick

Purchase Details

Closed on
Aug 5, 2004
Sold by
Southwoods Associates Ll
Bought by
Hertiage Park Townhouses
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loeffelman Michael P $568,000 --
Kelley Karen S $515,000 --
Decker Daniel $400,000 James A Baker
National Residential Nomi $440,000 Duncan Odwyer
Kessy Rick $470,000 Don Crittenden
Hertiage Park Townhouses $210,000 Mahlon Perkins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeffelman Michael P $495,000
Previous Owner Kelley Karen S $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2019 07/31/19 Sold $568,000 -2.1% $137 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $580,000 +13.7% $140 / Sq Ft
03/30/2018 03/30/18 Sold $510,000 -2.8% $148 / Sq Ft View Prior Sale
02/28/2018 02/28/18 Pending -- -- --
12/28/2017 12/28/17 For Sale $524,900 -- $153 / 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 $19,036 $785,000 $71,200 $713,800
2023 $19,085 $715,000 $71,200 $643,800
2022 $17,476 $616,000 $71,200 $544,800
2021 $16,617 $565,000 $71,200 $493,800
2020 $16,037 $565,000 $71,200 $493,800
2019 $6,665 $510,000 $71,200 $438,800
2018 $13,450 $460,000 $71,200 $388,800
2017 $13,787 $460,000 $71,200 $388,800
2016 $12,973 $430,000 $71,200 $358,800
2015 -- $430,000 $71,200 $358,800
2014 -- $430,000 $71,200 $358,800
Source: Public Records

Agents Affiliated with this Home

  • Jolene Rightmyer-Macolini

    Seller's Agent in 2019

    Jolene Rightmyer-Macolini

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 339-1559

    15 in this area

    103 Total Sales

    Jolene Rightmyer-Macolini
    Section Image
  • Jordan Jacobsen

    Buyer's Agent in 2019

    Jordan Jacobsen

    Warren Real Estate of Ithaca Inc.

    (607) 339-3206

    4 in this area

    149 Total Sales

    Jordan Jacobsen
    Section Image
  • Carol Bushberg

    Seller's Agent in 2018

    Carol Bushberg

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 279-4530

    12 in this area

    137 Total Sales

    Carol Bushberg
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB316806

APN: 503089-046-000-0001-015-028-0000

New York Tompkins County Ithaca 14850 South Hill

320 Old Gorge Rd, Ithaca, NY

Not Listed for Sale

Detached

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