NOT LISTED FOR SALE

402 Oak Ave Ithaca, NY 14850

Estimated Value: $567,000 - $775,000

4 Beds
3 Baths
2,390 Sq Ft
$284/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $562,000 $235 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,600/month

20 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Home Office
  • Cayuga Heights Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Workshop

About This Home

As of May 2021

Location! Location! Location! On the edge of Cornell's campus overlooking Cascadilla Gorge and a short walk to restaurants and services. Have your morning coffee on the deck or screen porch and listen to the sound of the waterfalls. This beautifully restored home on a private fenced lot is exactly what you've been searching for. Flooded with natural light this home is currently used as a duplex but could easily be converted back to a single family home. The upper level has rented for $2000/month. Main level has eat in kitchen, living room, dining room, family room , two full baths and two bedrooms. Upstairs you'll find another living space, eat in kitchen, two bedrooms, deck and porch. You'll love the porches, beautiful custom baths, gleaming hardwood floors, large windows and classic details throughout. Detached one car garage. Any and all offers to be reviewed March 25, 2021 at 3pm.

Last Agent to Sell the Property

Susan Lustick

Warren Real Estate of Ithaca Inc. Brokerage Email: slustick@gmail.com License #30LU0738088 Listed on: 03/18/2021

Last Buyer's Agent

Jacqueline Mei

Howard Hanna S Tier Inc License #10401285353

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Lot Details

  • 9,148

Parking

  • 1 Car Detached Garage
  • Parking Available
  • On-Street Parking
  • Off-Site Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,390 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Home Office
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Belle Sherman Elementary School
  • Dewitt Middle School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Deck
  • Partially Fenced Property

Community Details

  • Belle Sherman Subdivision

Listing and Financial Details

  • Assessor Parcel Number 64.-4-3

Home Details

Home Type

Single Family

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: BELLE SHERMAN
  • Directions: Oak Ave is a one way street, enter off of Ithaca Road , house is on the right hand side, you may park in the driveway just before you get to the house. Other Room 2 is upper level kitchen, other room 1 is lower level enclosed porch, b
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: slustick@gmail.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Disposal, Gas Oven, Gas Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile, Varies
  • Interior Amenities: Den, Entrance Foyer, Eat-in Kitchen, Home Office, Main Level Primary, Workshop
  • Living Area: 2390.0
  • Dining Room Type: Office, Workshop, Den, Entry/Foyer
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck, Fence
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, Detached, Garage, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

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

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Parcel #: 64.-4-3
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 10, 2021
Sold by
Katz Jan and Katz Harry
Bought by
Gonzalez Azahara and Ruiz Antonio
Seller's Agent
Susan Lustick
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Jacqueline Mei
Howard Hanna S Tier Inc
List Price
$529,000
Sold Price
$562,000
Premium/Discount to List
$33,000
6.24%
Current Estimated Value
$678,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,991
Avg. Annual Appreciation
4.17%
Original Mortgage
$441,600
Outstanding Balance
$400,200
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,791

Purchase Details

Closed on
Jun 25, 2014
Sold by
Evett Betty
Bought by
Katz Jan

Purchase Details

Closed on
May 11, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonzalez Azahara $562,000 None Available
Katz Jan $350,000 Robin Masson
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Azahara $441,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $562,000 +6.2% $235 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $529,000 -- $221 / 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 $12,508 $630,000 $93,800 $536,200
2023 $13,428 $616,000 $93,800 $522,200
2022 $16,847 $560,000 $93,800 $466,200
2021 $14,153 $400,000 $93,800 $306,200
2020 $9,125 $400,000 $93,800 $306,200
2019 $10,065 $375,000 $93,800 $281,200
2018 $8,897 $375,000 $93,800 $281,200
2017 $9,138 $375,000 $67,000 $308,000
2016 $8,615 $350,000 $67,000 $283,000
2015 -- $285,000 $67,000 $218,000
2014 -- $285,000 $67,000 $218,000
Source: Public Records

Agents Affiliated with this Home

  • Susan Lustick

    Seller's Agent in 2021

    Susan Lustick

    Warren Real Estate of Ithaca Inc.

    (607) 280-1642

    80 Total Sales

    Susan Lustick
    Section Image

  • J

    Buyer's Agent in 2021

    Jacqueline Mei

    Howard Hanna S Tier Inc

    (607) 280-1921

    53 Total Sales

    Jacqueline Mei
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB403935

APN: 500700-064-000-0004-003-000-0000

New York Tompkins County Ithaca 14850

402 Oak Ave, Ithaca, NY

Not Listed for Sale

Detached

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