NOT LISTED FOR SALE

505 Spencer Rd Ithaca, NY 14850

Spencer Road Neighborhood

Estimated Value: $215,000 - $264,948

3 Beds
2 Baths
1,169 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $164,900 $141 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,587/month

56 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • South Hill School Rated A-
  • 1 Car Detached Garage
  • Patio

About This Home

As of February 2021

Appealing 3 BR, 2 Bath Cape Cod Fixer Upper is waiting for your finishing touches. Walk to Buttermilk Falls State Park! Broad Front Porch. Great natural light. Hardwood floors and original woodwork. Eat-in Kitchen. Patio. NOTE: The back of the property connects with a trail that leads to Buttermilk Falls State Park. Close to Wegmans and shopping. Fall Creek Elementary School. What a great value!

Last Agent to Sell the Property

Laurel Guy

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: guy.laurel@gmail.com License #10371201385 Listed on: 11/10/2020

Last Buyer's Agent

Jill Rosentel

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

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 0.31

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,169 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Fall Creek Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Energy-Efficient Windows
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 500700 124.-2-10

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 60X
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1927
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: guy.laurel@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Gas Oven, Gas Range, Refrigerator, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Varies, Vinyl
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1169.0

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Common, Detached, Garage, Shared Driveway

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 500700 124.-2-10
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Jan 21, 2021
Sold by
Burch Shannon R
Bought by
Mcevilly Tracy
Seller's Agent
Laurel Guy
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$168,000
Sold Price
$164,900
Premium/Discount to List
-$3,100
-1.85%
Current Estimated Value
$239,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,337
Avg. Annual Appreciation
7.89%
Original Mortgage
$164,900
Outstanding Balance
$147,070
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$92,167

Purchase Details

Closed on
Feb 6, 2004
Sold by
Frank Erik P
Bought by
Hamilton Shannon R

Purchase Details

Closed on
Aug 2, 2001
Sold by
Zamarripa Dianna
Bought by
Frank Erik P

Purchase Details

Closed on
Aug 28, 1998
Sold by
Tottey Robert L
Bought by
Zamarripa Dianna and Rubenstein Burton
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
Mcevilly Tracy $170,000 None Available
Hamilton Shannon R $105,000 Randall Marcus
Frank Erik P $84,000 Jim Salk
Zamarripa Dianna $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcevilly Tracy $164,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2021 02/04/21 Sold $164,900 -1.8% $141 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
11/10/2020 11/10/20 For Sale $168,000 -- $144 / 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 $4,001 $200,000 $58,700 $141,300
2023 $4,108 $187,000 $58,700 $128,300
2022 $6,156 $170,000 $58,700 $111,300
2021 $6,241 $175,000 $58,700 $116,300
2020 $4,005 $175,000 $58,700 $116,300
2019 $4,246 $165,000 $58,700 $106,300
2018 $3,922 $165,000 $58,700 $106,300
2017 $3,425 $140,000 $34,700 $105,300
2016 $3,457 $140,000 $34,700 $105,300
2015 -- $125,000 $34,700 $90,300
2014 -- $125,000 $34,700 $90,300
Source: Public Records

Agents Affiliated with this Home

  • Laurel Guy

    Seller's Agent in 2021

    Laurel Guy

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 227-1556

    1 in this area

    149 Total Sales

    Laurel Guy
    Section Image

  • J

    Buyer's Agent in 2021

    Jill Rosentel

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 280-2491

    3 in this area

    243 Total Sales

    Jill Rosentel
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB403333

APN: 500700-124-000-0002-010-000-0000

New York Tompkins County Ithaca 14850 Spencer Road

505 Spencer Rd, Ithaca, NY

Not Listed for Sale

Detached

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