Seller's Agent in 2023
Michael DeRosa
Michael DeRosa Exchange
(315) 406-7355
1 in this area
95 Total Sales
326 Fall Creek Dr Ithaca, NY 14850
Cornell Heights NeighborhoodEstimated Value: $727,000 - $894,000
5
Beds
3.5
Baths
3,352
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 2 Fireplaces
- Corner Lot
- Cayuga Heights Elementary School Rated A-
- Separate Formal Living Room
- Granite Countertops
About This Home
As of August 2023This iconic home on the Cornell campus was designed by architect Carl Cornwell Tallman in 1925 for Professor Edward Gorton Davis, who was chair of the university's department of landscape architecture. The home overlooks a two-hundred-foot gorge that divides the campus. Inspired by homes in Provence, France, Professor Davis wanted a garden compound with ten-foot-high brick walls surrounding the property. The house is highly regarded for its beauty and is studied by the Cornell architecture school across the gorge. It is known for its "secret garden" and retains its original charm, including two-foot oak beams, French doors, and several terraces. The Cornell Heights Historic District is an architecturally and historically significant example of a planned suburban development from the turn-of-the-century. The curvilinear streets, beautiful landscape, residential character on spacious lots, and historical development pattern align with the romantic tradition of ideal residence parks popularized by Frederick Law Olmsted after the Civil War. The inspiration of this home and the atmosphere surrounding it was a splendid influence in the work at Cornell.
Last Agent to Sell the Property
Listing by Michael DeRosa Exchange License #10491205303 Listed on: 05/26/2023
Last Buyer's Agent
Listing by Michael DeRosa Exchange License #10491205303 Listed on: 05/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,128
Year Built
- Built in 1925
Lot Details
- 5,684 Sq Ft Lot
- Lot Dimensions are 101x56
- Corner Lot
- Historic Home
- Land Lease
Parking
- 1 Car Attached Garage
- Driveway with Pavers
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,352 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Entrance Foyer
- Family Room
- Separate Formal Living Room
- Partially Finished Basement
- Laundry in Basement
- Laundry Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Range
- Range Hood
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- Open Patio
- Porch
Utilities
- Central Air
- Heating System Uses Gas
- Vented Exhaust Fan
- Gas Water Heater
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 500700-010-000-0003-009-000-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2023
Closed on
Aug 14, 2023
Sold by
Mrazek Robert J and Mrazek Carolyn R
Bought by
Kapengut Dina and Boan Michael
Seller's Agent
Michael DeRosa
Michael DeRosa Exchange
Buyer's Agent
Michael DeRosa
Michael DeRosa Exchange
List Price
$825,000
Sold Price
$825,000
Views
325
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,496
Avg. Annual Appreciation
0.61%
Original Mortgage
$660,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 11, 2009
Sold by
Mrazek Robert J
Bought by
Mrazek Robert J
Purchase Details
Closed on
May 21, 1999
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kapengut Dina | $825,000 | None Available | |
| Kapengut Dina | $825,000 | None Available | |
| Kapengut Dina | $825,000 | None Available | |
| Mrazek Robert J | -- | William Crane | |
| Mrazek Robert J | -- | William Crane | |
| -- | $165,000 | -- | |
| -- | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kapengut Dina | $660,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2023 08/14/23 | Sold | $825,000 | 0.0% | $246 / Sq Ft |
| 06/13/2023 06/13/23 | Pending | -- | -- | -- |
| 05/26/2023 05/26/23 | For Sale | $825,000 | -- | $246 / Sq Ft |
Source: Central New York Information Services
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 | $17,618 | $895,000 | $68,100 | $826,900 |
| 2024 | $17,618 | $895,000 | $68,100 | $826,900 |
| 2023 | $12,030 | $594,000 | $68,100 | $525,900 |
| 2022 | $15,990 | $550,000 | $68,100 | $481,900 |
| 2021 | $14,307 | $450,000 | $68,100 | $381,900 |
| 2020 | $9,301 | $450,000 | $68,100 | $381,900 |
| 2019 | $2,508 | $425,000 | $68,100 | $356,900 |
| 2018 | $8,441 | $425,000 | $68,100 | $356,900 |
| 2017 | $8,113 | $400,000 | $38,000 | $362,000 |
| 2016 | $8,222 | $400,000 | $38,000 | $362,000 |
| 2015 | -- | $365,000 | $38,000 | $327,000 |
| 2014 | -- | $365,000 | $38,000 | $327,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michael DeRosa
-
Kelli Ide
Seller Co-Listing Agent in 2023
Kelli Ide
Michael DeRosa Exchange
(315) 706-9692
1 in this area
96 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1471539
APN: 500700-010-000-0003-009-000-0000
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