NOT LISTED FOR SALE

Estimated Value: $116,000 - $127,000

Studio
2 Baths
224 Sq Ft
$538/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $115,000 $513 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $748/month

15 Days on Market

Highlights

  • Greenhouse
  • 3.06 Acre Lot
  • Wooded Lot
  • South Hill School Rated A-
  • Secluded Lot
  • Wood Flooring

About This Home

As of October 2024

Rustic cabin & shed w/ many valuable improvements on 3.06 acres in beautiful Danby. The seller planned to build their dream home here, but opportunity knocked elsewhere. Over the past 3 years, they installed a 175' long gravel drive, cleared & leveled a building site for the existing cabin & shed, had a professional excavator install a 40’ x 60’ crushed limestone building pad to the east of the cabin for a permanent home that they intended to build, built the 12' x 12' cabin with loft storage w/attached storage shed with Plexiglass roof, installed a 200 amp electric service panel on the cabin, & drilled a 120' well that produces 20 gallons/minute. Cabin & shed are built on 4" x 4" pressure -reated wood on a bed of drainage gravel. They also dug water diversion swales around the clearing and built a stone bridge to go over it. Septic permit exists for a to-be-built 1 br home.

Last Agent to Sell the Property

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: carol@carolbushberg.com License #10301223410 Listed on: 07/10/2024

Last Buyer's Agent

Havana Jorrin

Warren Real Estate of Ithaca Inc. License #40JO1164500

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,452

Year Built

  • Built in 2021

Lot Details

  • 3.06 Acre Lot
  • Lot Dimensions are 2400x692
  • Secluded Lot
  • Rectangular Lot
  • Wooded Lot
  • Private Yard

Home Design

  • Cabin
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 224 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Great Room
  • Loft
  • Wood Flooring
  • Country Kitchen

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Greenhouse
  • Shed
  • Porch

Schools

  • South Hill Elementary School
  • Dewitt Middle School
  • Ithaca Senior High School

Utilities

  • Heating Available
  • Well

Community Details

  • Danby Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11.-1-17

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,452

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.06
  • Lot Size: 2400X692
  • Subdivision Name: Danby
  • Directions: From the City of Ithaca, travel south on Route 96B. Make left onto Nelson Road. Travel approx. 4 miles. Make right onto Hornbrook Road. Driveway is on the left. See sign.
  • Architectural Style: Cabin
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Existing
  • Year Built: 2021
  • ResoBuildingAreaSource: Builder
  • Attribution Contact: carol@carolbushberg.com
  • Special Features: None
  • Stories: 1
  • Year Built: 2021

Interior Features

  • Has Basement: None
  • Basement YN: No
  • Fireplace: No
  • Flooring: Hardwood, Varies
  • Interior Amenities: Great Room, Country Kitchen, Natural Woodwork, Loft
  • Living Area: 224.0
  • Dining Room Type: Great Room, Loft
  • Stories: 1

Exterior Features

  • Lot Features: Rectangular, Secluded, Wooded
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Gravel Driveway, Private Yard, See Remarks
  • Other Structures: Greenhouse, Shed(s), Storage
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Metal, Other, See Remarks

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Electric, None
  • Heating Yn: No
  • Electric: Circuit Breakers
  • Sewer: Other, See Remarks
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: South Hill
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Parcel #: 11.-1-17
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1452.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
May 13, 2021
Sold by
Moraczewski Brian
Bought by
Graeme-Johnson Andrew
Buyer's Agent
Cierra Rae Cain
Howard Hanna S Tier Inc
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%
Current Estimated Value
$120,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,606
Avg. Annual Appreciation
30.48%
Original Mortgage
$27,000
Outstanding Balance
$24,469
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$96,137

Purchase Details

Closed on
Nov 25, 2013
Sold by
Tmelchen Llc
Bought by
Moraczewski Brian
Source: Public Records
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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
Graeme-Johnson Andrew $35,000 None Available
Moraczewski Brian $9,000 Jonathan O. Albanese
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graeme-Johnson Andrew $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2024 10/09/24 Sold $115,000 -7.9% $513 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $124,900 +256.9% $558 / Sq Ft
05/13/2021 05/13/21 Sold $35,000 -12.3% $22 / Sq Ft View Prior Sale
04/13/2021 04/13/21 Pending -- -- --
08/17/2020 08/17/20 For Sale $39,900 -- $25 / 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 $1,413 $55,000 $30,200 $24,800
2023 $1,188 $45,000 $30,200 $14,800
2022 $1,135 $45,000 $33,100 $11,900
2021 $935 $33,100 $33,100 $0
2020 $929 $33,100 $33,100 $0
2019 $984 $33,100 $33,100 $0
2018 $949 $33,100 $33,100 $0
2017 $974 $33,100 $33,100 $0
2016 $989 $33,100 $33,100 $0
2015 -- $33,100 $33,100 $0
2014 -- $33,100 $33,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1550246

APN: 502200-011-000-0001-017-000-0000