NOT LISTED FOR SALE

402 S Cayuga St Ithaca, NY 14850

Estimated Value: $226,000 - $328,000

2 Beds
1.5 Baths
1,054 Sq Ft
$265/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $166,925 $158 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,713/month

28 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Ductless Heating Or Cooling System
  • Boynton Middle School Rated A-
  • Balcony
  • 4-minute walk to Titus Triangle

About This Home

As of December 2021

Here is a rare opportunity to live downtown! This 2-bed, 1.5 bath townhome was built in 2020 and is completely move-in ready. On the main level you'll find a half bath, a fully equipped kitchen and an adjacent living room filled with natural light. A private balcony sits off of the living room, overlooking six-mile creek for your own piece of nature in a city location. Head downstairs to the lower level for your own laundry/storage space and attached one-car garage. Up on the second floor you'll find two spacious carpeted bedrooms with lots of closet space as well as a full bath. Air source heat pumps throughout the home keep the space comfortable and the utilities low. In a highly competitive market, why not finally taste financial freedom?Buyers must be first time-buyers and qualify through INHS. Contact Delia Yarrow at 607-288-3229, dyarrow@ithacanhs.org for more information on how to apply.

Last Agent to Sell the Property

Valerie Newman

Howard Hanna S Tier Inc Brokerage Email: valerienewman@howardhanna.com License #10401301700 Listed on: 11/01/2021

Howard Hanna S Tier Inc

Last Buyer's Agent

Lindsay Garner

Linz Real Estate License #37GA1044494

Property Details

Home Type

  • Modular Prefabricated Home

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 871

Parking

  • 1 Car Garage

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Beverly J Martin Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Air Source Heat Pump
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Balcony
  • 871 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 93.-6-7.1

Property Details

Home Type

Modular Prefabricated Home

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Directions: House is on the corner of S. Cayuga & S. Titus. S. Cayuga st is closed due to bridge construction; drive & park at the end of S. Titus. #402 is first one on the end closest to Titus.
  • Architectural Style: Modular/Prefab, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built Details: New Build
  • Year Built: 2020
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: valerienewman@howardhanna.com
  • Special Features: 4098
  • Stories: 2
  • Year Built: 2020

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Has Basement: Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Hardwood, Laminate, Tile, Varies, Vinyl
  • Living Area: 1054.0
  • Stories: 2

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony
  • Foundation Details: Poured
  • Patio And Porch Features: Balcony
  • Property Condition: New Construction
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Ductless, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Beverly J Martin Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 871.0
  • Parcel #: 93.-6-7.1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 29, 2021
Sold by
Elliot William J
Bought by
Lutter Seth H
Seller's Agent
Valerie Newman
Howard Hanna S Tier Inc
Buyer's Agent
Lindsay Garner
Linz Real Estate
List Price
$166,925
Sold Price
$166,925
Current Estimated Value
$279,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,485
Avg. Annual Appreciation
13.71%
Original Mortgage
$133,540
Outstanding Balance
$123,074
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,336

Purchase Details

Listed on
Dec 1, 2020
Closed on
Mar 22, 2021
Sold by
Ithaca Neighborh Hsng Inc
Bought by
Bryan Shane
Seller's Agent
Lindsay Hart
RE/MAX In Motion
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.46%
Original Mortgage
$124,000
Interest Rate
2.73%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 1, 2020
Closed on
Mar 19, 2021
Sold by
Ithaca Neighborh Hsng Inc
Bought by
Perlmutter Debra L
Seller's Agent
Lindsay Hart
RE/MAX In Motion
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
2.73%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 1, 2020
Closed on
Mar 11, 2021
Sold by
Ithaca Neighborh Hsng Inc
Bought by
Elliot William J
Seller's Agent
Lindsay Hart
RE/MAX In Motion
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
2.73%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 1, 2020
Closed on
Mar 5, 2021
Sold by
Ithaca Neighborh Hsng Inc
Bought by
Foster-Githinji Valerie E
Seller's Agent
Lindsay Hart
RE/MAX In Motion
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
2.73%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2019
Sold by
Ithaca Urban Renewal Agnc
Bought by
Ithac Neighborhood Hsng

Purchase Details

Closed on
Feb 9, 1998
Sold by
City Of Ithaca
Bought by
Ithaca Urban Renewal Agen Cy

Purchase Details

Closed on
Nov 5, 1997
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
Lutter Seth H $166,925 None Available
Bryan Shane $155,000 Stewart Title
Perlmutter Debra L $125,000 Stewart Title
Elliot William J $165,000 None Available
Foster-Githinji Valerie E $153,000 None Available
Ithac Neighborhood Hsng $30,000 --
Ithaca Urban Renewal Agen Cy -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutter Seth H $133,540
Previous Owner Bryan Shane $124,000
Previous Owner Perlmutter Debra L $100,000
Previous Owner Elliot William J $132,000
Previous Owner Foster-Githinji Valerie E $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2021 12/29/21 Sold $166,925 0.0% $158 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $166,925 +1.2% $158 / Sq Ft
03/11/2021 03/11/21 Sold $165,000 0.0% $140 / Sq Ft View Prior Sale
02/09/2021 02/09/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $165,000 -- $140 / 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 $3,031 $300,000 $16,750 $283,250
2023 $3,245 $248,000 $16,750 $231,250
2022 $5,925 $225,000 $16,750 $208,250
2021 $3,114 $225,000 $16,750 $208,250
2020 $0 $400,000 $75,000 $325,000
2019 $0 $75,000 $75,000 $0
2018 $115 $75,000 $75,000 $0
2017 $115 $75,000 $75,000 $0
2016 $0 $26,500 $26,500 $0
2015 -- $26,500 $26,500 $0
2014 -- $26,500 $26,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB405625

APN: 500700-093-000-0006-007-000-0000