NOT LISTED FOR SALE

409 Thomas Rd Ithaca, NY 14850

Estimated Value: $194,000 - $280,000

2 Beds
1 Bath
1,308 Sq Ft
$182/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $164,900 $126 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,610/month

100 Days on Market

Highlights

  • 2.48 Acre Lot
  • Cape Cod Architecture
  • Loft
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Circular Driveway

About This Home

As of August 2022

Nestled in a charming setting in the east hills of Ithaca, with brilliant distant views and a little over 2 acres, is this charming, rustic home ready for, TLC, some fixes, and loving restoration. Good news - it's been Pre-inspected and the radon test done! The living space is created by an original interior and boasts a flow-through living/dining area. Find a restful hideaway in the cozy loft with captivating hillside views. Enjoy the expansive acreage that comes complete with fencing, fire pit, wood-fired hot tub, and deck over looking the beautiful hillside . A desirable location, close to Cornell, but with all the privacy you could want. Some work needed and you can live the bohemian lifestyle you've dreamed of!

Last Agent to Sell the Property

Lindsay Hart

RE/MAX In Motion Brokerage Email: Lindsay@HartandHomes.com License #10491209901 Listed on: 04/08/2022

RE/MAX In Motion

Last Buyer's Agent

Stacey Simons

Howard Hanna S Tier Inc License #10401318560

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 2.48 Acre Lot
  • Partially Fenced Property

Home Design

  • Cape Cod Architecture
  • Chalet
  • Bungalow
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,308 Sq Ft Home
  • Loft

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Circular Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Caroline Elementary School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 75.-1-31.3

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.48
  • Directions: S.Meadow Street- turn RIGHT onto W.Green St. turn LEFT onto Mitchell St. continue straight, turn RIGHT onto Thomas Rd, house will be on your left
  • Architectural Style: Chalet/Alpine, Bungalow, Cape Cod
  • Garage Yn: No
  • Efficiency: Windows
  • Year Built: 1980
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: Lindsay@HartandHomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Hardwood, Varies
  • Interior Amenities: Loft
  • Living Area: 1308.0
  • Dining Room Type: Loft

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Fence
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage, Circular Driveway

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 108029.0
  • Parcel #: 75.-1-31.3
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Aug 16, 2022
Sold by
Fordice Christopher M
Bought by
Avery Mark W
Seller's Agent
Lindsay Hart
RE/MAX In Motion
Buyer's Agent
Stacey Simons
Howard Hanna S Tier Inc
List Price
$164,900
Sold Price
$164,900
Current Estimated Value
$237,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,592
Avg. Annual Appreciation
11.47%
Original Mortgage
$156,655
Outstanding Balance
$149,770
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$87,722

Purchase Details

Closed on
Jan 31, 2018
Sold by
Demarest Jason K
Bought by
Fordice Christopher M

Purchase Details

Closed on
Jan 23, 2009
Sold by
Demarest Jason K
Bought by
Fordice Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 2000
Sold by
Halloran Brian
Bought by
Demarest Jason K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Avery Mark W $164,900 None Available
Fordice Christopher M $16,688 --
Fordice Christopher M $155,000 Don Crittenden
Demarest Jason K $67,000 Winn Philip
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avery Mark W $156,655
Previous Owner Fordice Christopher M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2022 08/16/22 Sold $164,900 0.0% $126 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $164,900 -- $126 / 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 $4,349 $175,000 $38,000 $137,000
2023 $4,514 $165,000 $38,000 $127,000
2022 $3,942 $160,000 $38,000 $122,000
2021 $3,942 $160,000 $38,000 $122,000
2020 $3,931 $160,000 $38,000 $122,000
2019 $1,775 $160,000 $38,000 $122,000
2018 $3,920 $160,000 $35,900 $124,100
2017 $3,872 $160,000 $33,000 $127,000
2016 $3,992 $160,000 $33,000 $127,000
2015 -- $150,000 $33,000 $117,000
2014 -- $150,000 $33,000 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406136

APN: 502489-075-000-0001-031-003-0000