NOT LISTED FOR SALE

505 The Pkwy Ithaca, NY 14850

Estimated Value: $445,000 - $894,000

3 Beds
4 Baths
3,742 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $620,000 $166 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,739/month

61 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 3 Fireplaces
  • Cayuga Heights Elementary School Rated A-
  • Wood Flooring
  • Home Office

About This Home

As of June 2021

Gracious colonial w/many amenities on large, landscaped lot. Light-filled rooms. Great room is library w/gas-burning FP & built-in bookshelves. Walnut-pegged oak floors in library & DR. Parquet floors up. Picture hanging molding in many rooms. Newer bath in primary BR. Lower level FR w/FP, cedar closet, bookshelves. 2 staircases from LL to Main floor. 12 X 15 attached greenhouse w/radiant in-floor heat (a winter retreat). Mudroom. LL 1-BR apt with FP. Separate electric. Easily incorporated into main house. Garden shed w/workshop & electricity. Many lovely gardens -- victory garden, an allee with Wisteria-draped arbor, & hundreds of perennials. White picket, fenced yard. Beautiful, mature trees. Serenity, space, convenience. So close to CU, Community Corners & Cayuga Heights Elementary. New roof on main house (J.D. Ferro) in 2019. Newer windows in upstairs, in apartment & the south window in DR. Security system & electric dog fence.Offers reviewed on 3/12/21 at noon.

Last Agent to Sell the Property

Alice Moore

Warren Real Estate of Ithaca Inc. Brokerage Email: alicedmoore@gmail.com License #30MO0617029 Listed on: 03/04/2021

Last Buyer's Agent

Steven Saggese

Warren Real Estate of Ithaca Inc. (Downtown) License #30SA0532613

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,753

Year Built

  • Built in 1940

Lot Details

  • 0.65

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,742 Sq Ft Home
  • 3 Fireplaces
  • Entrance Foyer
  • Home Office
  • Library
  • Workshop
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Schools

  • Cayuga Heights Elementary School
  • Boynton Middle School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Energy-Efficient Windows
  • Deck
  • Property is Fully Fenced

Listing and Financial Details

  • Assessor Parcel Number 6.-5-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,753

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Directions: Hanshaw Road going west from Community Corners, turn left onto The Parkway. 505 is on the corner of The Parkway and Forest Drive.
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1940
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: alicedmoore@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Amenities: Cedar Closet(s), Entrance Foyer, Eat-in Kitchen, Home Office, Other, See Remarks, Workshop
  • Living Area: 3742.0
  • Dining Room Type: Office, Workshop, Entry/Foyer, Library

Exterior Features

  • Fencing: Full, Partial
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck, Fully Fenced, Fence
  • Foundation Details: Poured
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Heating: Electric, Gas, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Parcel #: 6.-5-2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 26, 2021
Sold by
M-White Olivia P
Bought by
Maldow David J and Appleton Meredith A
Seller's Agent
Alice Moore
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Steven Saggese
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$565,000
Sold Price
$620,000
Premium/Discount to List
$55,000
9.73%
Current Estimated Value
$757,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,019
Avg. Annual Appreciation
4.79%
Original Mortgage
$496,000
Outstanding Balance
$381,558
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$375,461

Purchase Details

Closed on
Aug 5, 2004
Sold by
Olenick Vanessa
Bought by
White William D

Purchase Details

Closed on
Jun 30, 2000
Sold by
Searle Shayle R
Bought by
Olenick Vanessa
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
Maldow David J $620,000 None Available
White William D $410,000 Randall Marcus
Olenick Vanessa $280,000 Wheeler Mark
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin-Appleton Meredith $496,000
Closed Maldow David J $496,000
Previous Owner White William D $100,000
Previous Owner White William D $200,000
Previous Owner White William D $267,000
Previous Owner White William D $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $620,000 +9.7% $166 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $565,000 -- $151 / 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 $19,753 $780,000 $129,600 $650,400
2023 $19,753 $650,000 $129,600 $520,400
2022 $16,719 $525,000 $129,600 $395,400
2021 $16,383 $525,000 $129,600 $395,400
2020 $16,297 $525,000 $129,600 $395,400
2019 $15,960 $525,000 $129,600 $395,400
2018 $16,413 $525,000 $129,600 $395,400
2017 $16,065 $500,000 $139,700 $360,300
2016 $16,039 $500,000 $139,700 $360,300
2015 -- $500,000 $139,700 $360,300
2014 -- $500,000 $139,700 $360,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alice Moore

    Warren Real Estate of Ithaca Inc.

    Section Image
  • Steven Saggese

    Buyer's Agent in 2021

    Steven Saggese

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 280-4350

    10 in this area

    287 Total Sales

    Steven Saggese
    Section Image
See All Agents

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB403825

APN: 503001-006-000-0005-002-000-0000

New York Tompkins County Ithaca 14850

505 The Pkwy, Ithaca, NY

This home is located at 505 The Pkwy, Ithaca, NY 14850 since 04 March 2021 and is currently estimated at $757,019, approximately $202 per square foot. This property was built in 1940. 505 The Pkwy is a home located in Tompkins County with nearby schools including Cayuga Heights Elementary School, Boynton Middle School, and Ithaca Senior High School.

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