NOT LISTED FOR SALE

40 Ridge Rd Lansing, NY 14882

Estimated Value: $223,000 - $298,000

2 Beds
1 Bath
862 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $160,000 $186 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,784/month

157 Days on Market

Highlights

  • 1.7 Acre Lot
  • Wood Flooring
  • Workshop
  • Raymond C. Buckley Elementary School Rated A-
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of March 2019

Recent Renovations & new SS appliances have turned this quaint, professional office space back into a darling, 2 bed-1 bath home on 1.7 acres. The location, just minutes from both, Lansing Schools and Ithaca along with its functional layout, practical home office space, and park like setting make this property a great option. Tons of yard space with outdoor oven, a full unfinished basement, and a detached 2 car garage make the possibilities endless. Property has be converted back into a single family home, but is zoned B1, meaning it can be used for an office space or single family home.

Last Agent to Sell the Property

Kyle Gebhart

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: kylewarrenhomes@gmail.com License #10401269082 Listed on: 09/12/2018

Last Buyer's Agent

Michele Smith

Re/Max Plus License #10301215729

Re/Max Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,659

Year Built

  • Built in 1938

Lot Details

  • 1.7

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 862 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic Tank
  • High Speed Internet

Additional Features

  • Patio
  • 1.7 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 503289 31.-3-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,659

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.7
  • Water Body Name: None
  • Directions: From the Corner of 34 and 34B, Travel west about 800 ft on 34B towards Lansing High School. Property is on the Right.
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Year Built: 1938
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: kylewarrenhomes@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Workshop
  • Living Area: 862.0
  • Dining Room Type: Workshop, Entry/Foyer

Exterior Features

  • Construction Type: Frame, Stucco, Wood Siding
  • Exterior Features: Patio
  • Foundation Details: Poured
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 74052.0
  • Parcel #: 503289 31.-3-8
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Mar 19, 2019
Sold by
Dende Arlene T and Dende Gregory E
Bought by
Hoffman Larry M
Seller's Agent
Kyle Gebhart
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Michele Smith
Re/Max Plus
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%
Current Estimated Value
$258,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,215
Avg. Annual Appreciation
7.69%
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
Hoffman Larry M $160,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2019 03/19/19 Sold $160,000 -5.3% $186 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
09/12/2018 09/12/18 For Sale $169,000 -- $196 / 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 $4,659 $235,000 $40,000 $195,000
2023 $4,659 $185,000 $40,000 $145,000
2022 $2,676 $168,000 $40,000 $128,000
2021 $4,342 $160,000 $40,000 $120,000
2020 $2,823 $160,000 $40,000 $120,000
2019 $1,116 $105,000 $40,000 $65,000
2018 $3,326 $105,000 $40,000 $65,000
2017 $3,181 $100,000 $40,000 $60,000
2016 $3,163 $100,000 $40,000 $60,000
2015 -- $100,000 $40,000 $60,000
2014 -- $100,000 $40,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB314779

APN: 503289-031-000-0003-008-000-0000