NOT LISTED FOR SALE

506 Hanshaw Rd Ithaca, NY 14850

Estimated Value: $491,000 - $642,000

4 Beds
2 Baths
2,351 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $305,000 $130 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,959/month

34 Days on Market

Highlights

  • Beach Access
  • Ranch Style House
  • 2 Fireplaces
  • Cayuga Heights Elementary School Rated A-
  • Wood Flooring
  • Home Office

About This Home

As of May 2020

Pleasant 1950's ranch home located in the center of Cayuga Heights close to schools, shops and Cornell. 3 bedrooms and a full bath up plus an additional bath and bedroom down in the walkout lower level. Ideal for guests or extended family. Main floor bath is nicely updated with dual sink granite vanity and ceramic tiled shower surround. Open living room and dining room on the main floor with hardwood floors and a classic wood burning brick fireplace. Eat in kitchen with pantry and center island. Well sized bedrooms plus main level laundry. Lower level family room is spacious and includes a gas fireplace plus an exposed beam ceiling. Large kitchenette off the family room for additional space or guest use. Out the rear door you will find a large stone patio overlooking a private and level yard bordered by a creek. Hardwood floors and natural trim throughout the main level, workshop, recent paint and roof and a 1 car garage.

Last Agent to Sell the Property

Steven Saggese

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: steve@ithacahomefinder.com License #30SA0532613 Listed on: 03/19/2020

Last Buyer's Agent

Susan Lustick

Warren Real Estate of Ithaca Inc. License #30LU0738088

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100x192
  • Partially Fenced Property

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,351 Sq Ft Home
  • 2 Fireplaces
  • Entrance Foyer
  • Home Office
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Beach Access
  • Patio

Schools

  • Cayuga Heights Elementary School
  • Boynton Middle School

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 6-11-7

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Lot Size: 100X192
  • Directions: Just north of Cayuga Heights Elementary School
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1958
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: steve@ithacahomefinder.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Refrigerator, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Home Office, Kitchen Island, Main Level Primary, Workshop
  • Living Area: 2351.0
  • Dining Room Type: Office, Workshop, Entry/Foyer

Exterior Features

  • Fencing: Partial
  • Waterfront Features: Beach Access
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Fence, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, 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

  • Lot Size Sq Ft: 18295.0
  • Parcel #: 6-11-7
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
May 20, 2020
Sold by
Araneo Francis P
Bought by
Murray Kathy
Seller's Agent
Steven Saggese
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Susan Lustick
Warren Real Estate of Ithaca Inc.
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Current Estimated Value
$549,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,440
Avg. Annual Appreciation
11.04%

Purchase Details

Closed on
Aug 5, 2000
Sold by
Dalman G Conrad
Bought by
Araneo Francis P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murray Kathy $305,000 None Available
Araneo Francis P $145,000 Crittenden Don
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $305,000 +1.7% $130 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $300,000 -- $128 / 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 $13,065 $475,000 $99,800 $375,200
2023 $10,479 $345,000 $99,800 $245,200
2022 $9,858 $310,000 $99,800 $210,200
2021 $9,760 $310,000 $99,800 $210,200
2020 $8,953 $280,000 $99,800 $180,200
2019 $7,426 $280,000 $99,800 $180,200
2018 $8,755 $280,000 $99,800 $180,200
2017 $7,472 $225,000 $114,800 $110,200
2016 $7,462 $225,000 $114,800 $110,200
2015 -- $225,000 $114,800 $110,200
2014 -- $225,000 $114,800 $110,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB401705

APN: 503001-006-000-0011-007-000-0000