NOT LISTED FOR SALE

5 Redwood Ln Ithaca, NY 14850

Estimated Value: $373,000 - $448,000

3 Beds
2 Baths
2,006 Sq Ft
$205/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $270,000 $135 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,957/month

42 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of July 2018

Come home to peace and tranquility at this home set into the woods. Well-cared for split level home with an open living & dining room, kitchen that connects to a lovely sunroom, 3 bedrooms & 1 bath on the main level. Family room with Vermont gas fireplace downstairs, along with additional full bath, laundry room & attached garage. Owner has put lots of love into this property over the past decade, including new roof, windows, kitchen & bath updates, see documents for full list of improvements. Set on 1.78 acres with perennials, lawn & woods - a wonderful place to watch wildlife!

Last Agent to Sell the Property

Fayerty Cokeley

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: fayerty@gmail.com License #10401278688 Listed on: 05/04/2018

Last Buyer's Agent

Jill Rosentel

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,141

Year Built

  • Built in 1967

Lot Details

  • 1.78

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,006 Sq Ft Home
  • Cathedral Ceiling
  • 1 Fireplace
  • Partially Finished Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

  • Caroline Elementary School

Utilities

  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Baseboard Heating
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Deck
  • 1.78 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 502489 68.-1-34.5

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,141

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.78
  • Water Body Name: None
  • Directions: Snyder Hill Road to Redwood Lane.
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1967
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: fayerty@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: None, Partially Finished
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Main Level Primary
  • Living Area: 2006.0

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck, Propane Tank - Leased
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Electric, Propane, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Well

Schools

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

Lot Info

  • Lot Size Sq Ft: 77536.0
  • Parcel #: 502489 68.-1-34.5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4141.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 12, 2018
Sold by
Meyres-Wallen Vicki N
Bought by
Hicks Justin and Hicks Kelsey
Seller's Agent
Fayerty Cokeley
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$400,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,343
Avg. Annual Appreciation
5.77%
Original Mortgage
$216,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1998
Source: Public Records

Range of Values:

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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
Hicks Justin $270,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Justin $203,000
Closed Hicks Justin $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $270,000 0.0% $135 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $270,000 -- $135 / 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 $8,949 $365,000 $26,600 $338,400
2023 $8,949 $330,000 $26,600 $303,400
2022 $7,893 $300,000 $26,600 $273,400
2021 $7,304 $265,000 $26,600 $238,400
2020 $7,296 $265,000 $26,600 $238,400
2019 $2,901 $265,000 $26,600 $238,400
2018 $4,878 $195,000 $26,600 $168,400
2017 $4,925 $195,000 $26,200 $168,800
2016 $4,969 $195,000 $26,200 $168,800
2015 -- $180,000 $26,200 $153,800
2014 -- $180,000 $26,200 $153,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB313392

APN: 502489-068-000-0001-034-005-0000