NOT LISTED FOR SALE

364 Backus Rd Cayuga, NY 13034

Estimated Value: $418,000 - $568,000

3 Beds
1 Bath
1,452 Sq Ft
$318/Sq Ft Est. Value

Last Sold December 22, 2014

Last sale price $212,800 $147 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,033/month

50 Days on Market

Highlights

  • Lake Front
  • Loft
  • Shed
  • Deck
  • 1 Fireplace
  • Ceiling Fan

About This Home

As of December 2014

This seasonal lakeside property is located on the Eastside of Cayuga Lake, in the heart of the Finger Lakes.A great place for the family to gather and enjoy the spring,summer and fall.A natural gas free standing stove in family room for the chilly nights, there is the potential to remodel to a year round home in this upscale desirable community. Large bedroom loft area, nice level lot & new dock for your boat. This cottage has a wonderful view of Frontenac Island. Grab this opportunity, with some repair and updates you will have years of enjoyment for you and your family .

Last Buyer's Agent

Sarah Wisdorf

Ithaca Board Reciprocal/Non-member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,694

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 73x153
  • Lake Front

Parking

  • No Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Loft
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Schools

  • Andrew J Smith Elementary School

Utilities

  • Heating System Uses Gas
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 055489 133.20-1-35

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,694

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 73X153
  • Water Body Name: Cayuga
  • Directions: State Route 90 west onto Backus Rd, across from Hibiscus Harbor and restaurant
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1960
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: lakcountry@aol.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Varies, Vinyl
  • Interior Amenities: Ceiling Fan(s), Loft
  • Living Area: 1452.0
  • Dining Room Type: Loft
  • Stories: 2

Exterior Features

  • Lot Features: Lake Front
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Aluminum Siding, Frame, Steel Siding
  • Exterior Features: Deck
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Electric, Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

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

Lot Info

  • Parcel #: 055489 133.20-1-35
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5694.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Dec 22, 2014
Sold by
Serafini Herman L
Bought by
Rosenthal Jeffrey and Rosenthal Rosenthal
Buyer's Agent
Sarah Wisdorf
Ithaca Board Reciprocal/Non-member
List Price
$225,000
Sold Price
$212,800
Premium/Discount to List
-$12,200
-5.42%
Current Estimated Value
$462,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,385
Avg. Annual Appreciation
7.26%
Original Mortgage
$160,000
Outstanding Balance
$57,383
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$394,048

Purchase Details

Listed on
Oct 2, 2014
Closed on
Dec 15, 2014
Sold by
Seradini Herman L
Bought by
Rosenthal Jeffrey and Rosenthal Kelly
Buyer's Agent
Sarah Wisdorf
Ithaca Board Reciprocal/Non-member
List Price
$225,000
Sold Price
$212,800
Premium/Discount to List
-$12,200
-5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$57,383
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$394,048

Purchase Details

Closed on
Jun 6, 2002
Sold by
Serafini Barbara J
Bought by
Serafini Herman L
Source: Public Records

Range of Values:

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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
Rosenthal Jeffrey $212,800 Daniel K. Mannion
Rosenthal Jeffrey $212,800 Stewart Title Insurance Co
Serafini Herman L -- Earle E Thurston
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenthal Jeffrey $160,000
Closed Rosenthal Jeffrey $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2014 12/22/14 Sold $212,800 -5.4% $147 / Sq Ft
11/22/2014 11/22/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $225,000 -- $155 / 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 $6,411 $357,900 $224,300 $133,600
2023 $6,285 $315,100 $182,000 $133,100
2022 $6,134 $262,700 $182,000 $80,700
2021 $6,271 $262,700 $182,000 $80,700
2020 $6,646 $194,600 $84,000 $110,600
2019 $6,176 $194,600 $84,000 $110,600
2018 $6,176 $194,600 $84,000 $110,600
2017 $6,077 $194,600 $84,000 $110,600
2016 $5,981 $194,600 $84,000 $110,600
2015 -- $181,600 $84,000 $97,600
2014 -- $181,600 $84,000 $97,600
Source: Public Records

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB142063

APN: 055489-133-020-0001-035-000-0000