NOT LISTED FOR SALE

501 N Elm St Ithaca, MI 48847

Estimated Value: $142,000 - $182,000

2 Beds
1 Bath
1,252 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $89,000 $71 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $840/month

10 Days on Market

Highlights

  • Mud Room
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Ithaca High School Rated 9+
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of June 2020

Country living in the city limits. Check out this adorable home on the north end of Ithaca. This one sits on a half acre lot and is the third from the last house on a dead end road. There are hay fields in the rear of the home that makes this house feel as if its in a rural setting, yet being just blocks from downtown, you also have the convenience of being in town should you forget something while you are out. Other advantages are having natural gas, municipal water and private sewer. The home has a new water heater, and brand new seamless gutters all the way around the house. The master bedroom almost seems like a loft and may just be your favorite part of this house. Check this one out today!

Last Agent to Sell the Property

Gaylon Koutz

FIVE STAR REAL ESTATE - MT. PLEASANT License #6502421841 Listed on: 03/18/2020

FIVE STAR REAL ESTATE - MT. PLEASANT

Last Buyer's Agent

Lisa Reidt

Five Star Real Estate - Ithaca License #6506048095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1935

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 148x148
  • Landscaped
  • Cleared Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,252 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Blinds
  • Mud Room

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • City Of Ithaca Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,781

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 1935
  • Construction: Frame
  • Section Number: 36
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1935

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan, Blinds, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Mud Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 8x14, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14x22, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 12x15, On Level: Main Floor, Flooring: Tile
  • Kitchen: Dimensions: 12x15, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 12x14, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1252
  • Estimated Below Grade Unfinished Sq Ft: 624
  • Price Per Sq Ft: 71.09
  • Range: R 3W
  • Total Finished Sf Apx: 1252

Exterior Features

  • Exterior Features: Sidewalk, Covered Porch, Landscaped, Porch
  • Exterior Finish: Vinyl
  • Foundation: Full, Crawl Space, Unfinished
  • Number Of Acres: 0.5
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Concrete Floors

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 8x9, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Association/Amenities

  • Development Name: City of Ithaca

Schools

  • School District: Ithaca Public Schools

Lot Info

  • Land Features: Cleared
  • Lot Dimensions: 148x148
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 1271.37
  • Taxable Value: 43900
  • Total Taxes: 1781.19
  • Winter Taxes: 509.82
  • Year Summer: 2017
  • Year Winter: 2017

MLS Schools

  • School District: Ithaca Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Phenix Paul L
Bought by
Phenix Paul L and Phenix Dora
Current Estimated Value
$158,440

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jun 10, 2020
Sold by
Chamberlain Rhonda C
Bought by
Phenix Paul L
Seller's Agent
Gaylon Koutz
FIVE STAR REAL ESTATE - MT. PLEASANT
Buyer's Agent
Lisa Reidt
Five Star Real Estate - Ithaca
List Price
$80,000
Sold Price
$89,000
Premium/Discount to List
$9,000
11.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%

Purchase Details

Listed on
Apr 30, 2018
Closed on
Aug 2, 2018
Sold by
Fisher Brian
Bought by
Chamberlain Rhonda C
Seller's Agent
Jayson Sumerix
CENTURY 21 LEE-MAC REALTY
Buyer's Agent
Wendy Loomis
FIRST CHOICE REALTY
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jul 27, 2018
Sold by
Brian Fisher
Bought by
Phenix Paul L
Seller's Agent
Jayson Sumerix
CENTURY 21 LEE-MAC REALTY
Buyer's Agent
Wendy Loomis
FIRST CHOICE REALTY
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Purchase Details

Closed on
Aug 16, 2003
Sold by
Mary Patterson L and Belle Mary
Bought by
Morgan Eric L

Purchase Details

Closed on
Aug 15, 2003

Purchase Details

Closed on
Jun 26, 2003
Sold by
Morgan Eric L
Bought by
Patterson Mary Bell
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
Phenix Paul L -- None Available
Phenix Paul L $89,000 Alma Abstract & Title
Chamberlain Rhonda C -- None Available
Phenix Paul L $75,000 --
Morgan Eric L $79,900 --
-- $79,900 --
Patterson Mary Bell -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2020 06/10/20 Sold $89,000 +11.3% $71 / Sq Ft
03/18/2020 03/18/20 For Sale $80,000 +6.7% $64 / Sq Ft
07/27/2018 07/27/18 Sold $75,000 0.0% $60 / Sq Ft View Prior Sale
06/15/2018 06/15/18 Price Changed $75,000 -3.2% $60 / Sq Ft
05/31/2018 05/31/18 Price Changed $77,500 -3.0% $62 / Sq Ft
04/30/2018 04/30/18 For Sale $79,900 -- $64 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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
2025 $3 $76,600 $0 $0
2024 $3 $73,600 $0 $0
2023 $323 $0 $0 $0
2022 $323 $0 $0 $0
2021 $323 $0 $0 $0
2020 -- $45,000 $0 $0
2019 -- $43,900 $0 $0
2018 -- $43,900 $0 $0
2017 -- $42,300 $0 $0
2016 -- $42,500 $0 $0
2015 -- $41,000 $0 $0
2014 -- $38,500 $0 $0
2013 -- $38,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1873147

Northern Great Lakes REALTORS® MLS

APN: 52-655-088-00