NOT LISTED FOR SALE

40 Forest Acres Dr Ithaca, NY 14850

Estimated Value: $646,000 - $692,000

5 Beds
3.5 Baths
2,750 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 11, 2024

Last sale price $625,000 $227 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,764/month

125 Days on Market

Highlights

  • Second Garage
  • Built-In Refrigerator
  • Maid or Guest Quarters
  • Raymond C. Buckley Elementary School Rated A-
  • Colonial Architecture
  • Deck

About This Home

As of December 2024

Discover this exquisite 2-story Colonial home, a true gem in the coveted Forest Acres of Lansing, NY. This property promises tranquility and comfort, perfect for those seeking a refined lifestyle. The heart of the home features a classic design, with well-maintained interiors that blend timeless elegance with modern amenities. The central AC ensures year-round comfort, keeping you cool during warm summer months. The attached 2-car garage provides convenience and security, while an additional separate 3-bay garage offers versatile space for storage or hobbies. Situated on over an acre of land, the well-manicured grounds enhance the property’s charm, creating an inviting atmosphere for both indoor and outdoor living. Private in-law suite. This Colonial masterpiece is ready to welcome its next discerning owner. Open House Sunday 7/14 12:00 - 1:30

Last Agent to Sell the Property

Jolene Rightmyer-Macolini

Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #30RI0970594 Listed on: 07/12/2024

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Karen Hollands

Howard Hanna S Tier Inc License #10401308223

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,710

Year Built

  • Built in 1985

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 401x221
  • Corner Lot
  • Wooded Lot
  • Private Yard

Parking

  • 5 Car Attached Garage
  • Second Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Ceiling Fan
  • 1 Fireplace
  • Drapes & Rods
  • Entrance Foyer
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Range
  • Built-In Refrigerator
  • Dishwasher
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Schools

  • Raymond C Buckley Elementary School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Town/Lansing Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 503289-041-000-0001-011-006-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,710

Year Built

Built in 1985

Lot Details

0

Parking

5

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.25
  • Lot Size: 401X221
  • Road Frontage Type: City Street, Main Thoroughfare
  • Subdivision Name: Town/Lansing
  • Directions: From Ithaca, take route 13 North to N. Triphammer Rd. Turn right onto Hillcrest, and then right onto Forest Acres. Blue home on the right, look for sign.
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1985
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 607-428-0708
  • Special Features: None
  • Stories: 2
  • Year Built: 1985

Interior Features

  • Appliances: Built-In Refrigerator, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Trash Compactor, Tankless Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Varies
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Guest Accommodations, Home Office, Pantry, Solid Surface Counters, Bar, Window Treatments, In-Law Floorplan, Programmable Thermostat
  • Living Area: 2750.0
  • Main Level Bathrooms: 1
  • Dining Room Type: Bar, Guest Quarters, In-Law Suite, Living Room, Office, Entry/Foyer, Family Room
  • Stories: 2
  • Window Features: Drapes

Exterior Features

  • Lot Features: Corner Lot, Residential Lot, Wooded
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Blacktop Driveway, Deck, Private Yard, See Remarks
  • Foundation Details: Block
  • Other Structures: Second Garage
  • Patio And Porch Features: Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Attached, Electricity, Garage, Storage, Garage Door Opener

Utilities

  • Cooling: Attic Fan, Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Baseboard, Electric, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Raymond C Buckley Elementary
  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 54450.0
  • Parcel #: 503289-041-000-0001-011-006-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16710.0
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Glenda B Long Ret and Munro
Bought by
Munro Glenn B
Current Estimated Value
$664,327

Purchase Details

Closed on
Oct 11, 2022
Sold by
Long Barry J and Long Glenda
Bought by
Glenda B Long Ret

Purchase Details

Closed on
Aug 5, 1998
Sold by
Williams James R
Bought by
Long Barry J and Long Glenda B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Munro Glenn B -- None Available
Glenda B Long Ret -- None Available
Long Barry J $280,000 --
Long Barry J $280,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $625,000 -4.6% $227 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $655,000 -5.8% $238 / Sq Ft
07/12/2024 07/12/24 For Sale $695,000 -- $253 / 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 $15,395 $610,000 $71,300 $538,700
2023 $14,148 $508,000 $71,300 $436,700
2022 $12,908 $462,000 $71,300 $390,700
2021 $13,335 $440,000 $71,300 $368,700
2020 $12,842 $440,000 $71,300 $368,700
2019 $4,083 $440,000 $71,300 $368,700
2018 $12,714 $440,000 $71,300 $368,700
2017 $12,746 $440,000 $51,300 $388,700
2016 $12,675 $440,000 $51,300 $388,700
2015 -- $400,000 $51,300 $348,700
2014 -- $400,000 $51,300 $348,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1550649

APN: 503289-041-000-0001-011-006-0000