NOT LISTED FOR SALE

Estimated Value: $74,000 - $328,000

1.53 Acres
$133,384 Price per Acre
66,647 Sq Ft Lot

Last Sold March 27, 2024

Last sale price $65,000

Est. 214% increase in value since last sale

Current estimated payment $1,185/month

31 Days on Market

Highlights

  • Partially Wooded Lot
  • Pole Barn
  • Level Lot
  • Charles O. Dickerson High School Rated 9+
  • Agricultural

About This Lot

As of March 2024

Come build your dream home! Ideal 1.5 acre lot, only 10 minutes to downtown Ithaca and less than 5 minutes to the Village of Trumansburg. A house fire destroyed the home that used to sit on this land in November of 2022 leaving behind much of the infrastructure for your new build. Well and a septic system on the property. 40' x 24' pole barn provides a perfect place to start a hobby farm or store anything and everything. Mature trees adorn the lot. Without much excavation necessary, your new home can look established upon completion. This land is located on an idyllic country road with easy access to Trumansburg Road, making your commute a breeze. Spring is just around the corner!

Last Agent to Sell the Property

Julia Louis

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: Realtorjulialouis@gmail.com License #10401332257 Listed on: 01/25/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,380

Lot Details

  • 1.53 Acre Lot
  • Lot Dimensions are 172x418
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Zoning described as Agricultural

Parking

  • Gravel Driveway

Schools

  • Trumansburg Elementary School

Utilities

  • Well
  • Septic Tank

Additional Features

  • Pole Barn
  • Agricultural

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 503689-025-000-0004-008-000-0000

Property Details

Property Type

Land

Est. Annual Taxes

$1,380

Lot Details

0

Listing Details

  • Property Sub Type: Agriculture
  • Prop. Type: Land
  • Lot Size Acres: 1.53
  • Lot Size: 172X418
  • Directions: From Ithaca take Cliff St. Continue on Route 96 for about 5 miles past the hospital. Right on Colegrove Road. Land is located on the left just after the Ulysses Town Barns.
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Agriculture
  • Attribution Contact: Realtorjulialouis@gmail.com
  • Special Features: None

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Residential Lot, Wooded, Cleared, Level
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Concrete Driveway, Gravel Driveway
  • Other Structures: Pole Barn

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Schools

  • Elementary School: Trumansburg Elementary
  • Junior High Dist: Trumansburg

Lot Info

  • Development Status: Other, See Remarks
  • Parcel #: 503689-025-000-0004-008-000-0000
  • Zoning Description: Agricultural
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2011
Sold by
Mcmillen Ruth A
Bought by
Laflair Ii Bruce E
Current Estimated Value
$204,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,013
Outstanding Balance
$60,638
Interest Rate
4.01%
Mortgage Type
Unknown
Estimated Equity
$143,439
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
Laflair Ii Bruce E $96,460 Jonathan Albanese
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laflair Ii Bruce E $94,013
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $65,000 +14.0% --
02/26/2024 02/26/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $57,000 -- --
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 $1,380 $65,000 $29,100 $35,900
2023 $1,598 $65,000 $29,100 $35,900
2022 $2,778 $130,000 $29,100 $100,900
2021 $2,779 $120,000 $29,100 $90,900
2020 $2,786 $120,000 $29,100 $90,900
2019 $2,406 $120,000 $29,100 $90,900
2018 $2,412 $105,000 $29,100 $75,900
2017 $2,374 $105,000 $29,100 $75,900
2016 $2,397 $105,000 $29,100 $75,900
2015 -- $105,000 $29,100 $75,900
2014 -- $100,000 $29,000 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1516666

APN: 503689-025-000-0004-008-000-0000