NOT LISTED FOR SALE

505 Spencer Rd Ithaca, NY 14850

Spencer Road Neighborhood

Estimated Value: $214,000 - $284,287

3 Beds
2 Baths
1,169 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 04, 2021

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

Est. 48% increase in value since last sale

Current estimated payment $1,599/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
$243,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,422
Avg. Annual Appreciation
8.13%
Original Mortgage
$164,900
Outstanding Balance
$147,070
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$96,252

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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

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

    146 Total Sales

    Laurel Guy
    Section Image

  • J

    Buyer's Agent in 2021

    Jill Rosentel

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 280-2491

    2 in this area

    239 Total Sales

    Jill Rosentel
    Section Image
See All Agents

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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes