NOT LISTED FOR SALE

408 Lake Ave Ithaca, NY 14850

North Side Neighborhood

Estimated Value: $158,000 - $368,000

2 Beds
1.5 Baths
1,044 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $123,760 $119 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,921/month

68 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • Energy-Efficient Windows
  • DeWitt Middle School Rated A-
  • High Speed Internet
  • 3-minute walk to Auburn Park

About This Home

As of June 2023

Move right into this 2 bed, 1 and a half bath Townhouse located in Downtown Ithaca! Home features an open kitchen to dining area and oversized primary bedroom with walk-in closet. Other items include bamboo flooring and covered porch with easy access to parking. Energy efficient features for low utility costs. Close to the Ithaca Farmers Market, Science Center and Cascadilla Creek. Easy access to public transportation and short commute to Cornell. BJM schools. Income guidelines apply. Please contact INHS before setting up an appointment to view.

Last Agent to Sell the Property

Jordan Jacobsen

Warren Real Estate of Ithaca Inc. Brokerage Email: Jordan@warrenhomes.com License #10401218032 Listed on: 03/20/2023

Last Buyer's Agent

Laurie Dykoschak-Hill

Howard Hanna S Tier Inc License #10401354830

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,135

Year Built

  • Built in 2017

Lot Details

  • 1,307

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,044 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • No Garage
  • Common or Shared Parking

Schools

  • Beverly J Martin Elementary School
  • Boynton Middle School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Deck
  • 1,307 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 500700 35.-3-3.5 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,135

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Directions: Corner of Hancock Street and Lake Avenue
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 2017
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: Jordan@warrenhomes.com
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Refrigerator, Range Hood
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Varies, Vinyl
  • Living Area: 1044.0
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Parking Features: Common, No Garage

Utilities

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

Schools

  • Elementary School: Beverly J Martin Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 1307.0
  • Parcel #: 500700 35.-3-3.5 01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2018
Sold by
Ithaca Neighborhood Hsng
Bought by
Wang Tristan W
Current Estimated Value
$297,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Outstanding Balance
$67,156
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$230,142
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
Wang Tristan W $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Tristan W $79,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $123,760 0.0% $119 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $123,760 -- $119 / 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 $4,135 $275,000 $35,000 $240,000
2023 $2,750 $275,000 $35,000 $240,000
2022 $5,009 $250,000 $35,000 $215,000
2021 $4,167 $200,000 $35,000 $165,000
2020 $2,698 $200,000 $35,000 $165,000
2019 $0 $200,000 $35,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • Jordan Jacobsen

    Seller's Agent in 2023

    Jordan Jacobsen

    Warren Real Estate of Ithaca Inc.

    (607) 339-3206

    2 in this area

    145 Total Sales

    Jordan Jacobsen
    Section Image

  • L

    Buyer's Agent in 2023

    Laurie Dykoschak-Hill

    Howard Hanna S Tier Inc

    (607) 227-8206

    1 in this area

    61 Total Sales

    Laurie Dykoschak-Hill
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB408311

APN: 500700 35.-3-3.5

New York Tompkins County Ithaca 14850 North Side

408 Lake Ave, Ithaca, NY

This home is located at 408 Lake Ave, Ithaca, NY 14850 since 20 March 2023 and is currently estimated at $297,298, approximately $284 per square foot. This property was built in 2017. 408 Lake Ave is a home located in Tompkins County with nearby schools including Beverly J. Martin Elementary School, DeWitt Middle School, and Ithaca Senior High School.

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