NOT LISTED FOR SALE

404 E Miller Rd Ithaca, NY 14850

Estimated Value: $497,000 - $747,000

6 Beds
3 Baths
2,876 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $480,000 $167 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,435/month

96 Days on Market

Highlights

  • Beach Access
  • Barn
  • Deck
  • South Hill School Rated A-
  • 56 Acre Lot
  • Contemporary Architecture

About This Home

As of September 2021

Here is your chance to own a solid contemporary, full insulated, log home...plus a 50x26 square foot barn resting peacefully on a 56 acre refuge. Take a swim out back in the pond with an island, hike through, what feels like your own personal arboretum. Trees galore with hiking trails carved throughout the forest. 85% of land is made up of pine, oak, hickory, maple and 15% is cleared. This boastful property rests gracefully on Ithaca's South Hill with easy access to Ithaca College, Cornell University, and South Hill Elementary. Close to South Hill Cider, State Parks, and only a few miles from Ithaca Commons.

Last Agent to Sell the Property

David Wahl

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: david@warrenhomes.com License #10371201153 Listed on: 05/10/2021

Last Buyer's Agent

Jill Rosentel

Warren Real Estate of Ithaca Inc. (Downtown) License #10301201202

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,040

Year Built

  • Built in 1987

Lot Details

  • 56

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Poured Concrete
  • Frame Construction
  • Log Siding

Interior Spaces

  • 2,876 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Awning
  • Home Office

Kitchen

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

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Beach Access
  • Pond
  • Deck
  • Shed
  • Outbuilding

Schools

  • South Hill Elementary School

Farming

  • Barn
  • Tillable Land

Utilities

  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • 56 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 502200 6.-1-16.3

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,040

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 56.0
  • Directions: 96 Past IC. Left on E. Miller Road. Past Nelson Road on left. Dirveway to house is approx. 600 ft. off road.
  • Architectural Style: Contemporary
  • Efficiency: Windows
  • Year Built: 1987
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: david@warrenhomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Varies, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Home Office, Kitchen Island, Skylights, Main Level Primary
  • Living Area: 2876.0
  • Dining Room Type: Office
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Tillable, Pond
  • Waterfront Features: Beach Access
  • Construction Type: Frame, Log
  • Exterior Features: Awning(s), Deck, See Remarks
  • Foundation Details: Block, Poured
  • Other Structures: Barn(s), Outbuilding, Shed(s), Storage
  • Patio And Porch Features: Deck

Utilities

  • Heating: Oil, Wood, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Well

Schools

  • Elementary School: South Hill
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 2439360.0
  • Parcel #: 502200 6.-1-16.3
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Sep 10, 2021
Sold by
Jolles Martin J
Bought by
Gibson Carl and Gibson Sujata
Seller's Agent
David Wahl
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Current Estimated Value
$633,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,300
Avg. Annual Appreciation
7.01%
Original Mortgage
$388,000
Outstanding Balance
$353,051
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$280,249
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
Gibson Carl $485,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Carl $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2021 09/13/21 Sold $480,000 -3.8% $167 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $499,000 -- $174 / 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 $13,040 $530,000 $205,000 $325,000
2023 $13,357 $503,000 $205,000 $298,000
2022 $11,753 $470,000 $205,000 $265,000
2021 $8,244 $330,000 $130,000 $200,000
2020 $8,819 $330,000 $130,000 $200,000
2019 $9,930 $330,000 $130,000 $200,000
2018 $8,939 $350,000 $130,000 $220,000
2017 $9,825 $350,000 $102,500 $247,500
2016 $9,980 $350,000 $102,500 $247,500
2015 -- $350,000 $102,500 $247,500
2014 -- $325,000 $102,500 $222,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB404371

APN: 502200-006-000-0001-016-003-0000