NOT LISTED FOR SALE

507 Willow Ave Ithaca, NY 14850

Fall Creek Neighborhood

Estimated Value: $423,000 - $485,000

4 Beds
2 Baths
1,920 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $318,000 $166 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,028/month

59 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Garage
  • Boynton Middle School Rated A-
  • Baseboard Heating
  • 2-minute walk to Auburn Park

About This Home

As of October 2021

Centrally located in desirable Fall Creek neighborhood on a quiet street. Sitting next to Cascadilla Creek, this home offers a large backyard and an easy walk to the Cayuga Waterfront Trail and all it's amenities - Ithaca Farmer's Market, The Science Center, Cass and Stewart parks, The Black Diamond Trail and restaurants! HUGE equity potential exists in this large 4 bed home with formal dining, private drive and attached garage. Schedule your appointment today!

Last Agent to Sell the Property

Zoe Leonard

Howard Hanna S Tier Inc Brokerage Email: zoeleonard@howardhanna.com License #10301222025 Listed on: 07/15/2021

Howard Hanna S Tier Inc

Last Buyer's Agent

Kelly Skeval

Howard Hanna S Tier Inc License #10401286257

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,009

Year Built

  • Built in 1960

Lot Details

  • 5,279 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Partially Fenced Property

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Fall Creek Elementary School
  • Boynton Middle School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 26.-1-10

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,009

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1212
  • Lot Size: 40X132
  • Directions: NY-13 South, turn left onto Dey Street, turn right onto W Lincoln Street, turn left onto Willow Ave. House is on the left. Look for white house.
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1960
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: zoeleonard@howardhanna.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Laminate, Varies, Vinyl
  • Living Area: 1920.0

Exterior Features

  • Fencing: Partial
  • Construction Type: Aluminum Siding, Frame, Steel Siding
  • Exterior Features: Fence
  • Foundation Details: Block
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

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

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 5279.0
  • Parcel #: 26.-1-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9009.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Oct 12, 2021
Sold by
Somchanhmavong Khampho
Bought by
Griffin Mark C and Griffin Karen
Seller's Agent
Zoe Leonard
Howard Hanna S Tier Inc
Buyer's Agent
Kelly Skeval
Howard Hanna S Tier Inc
List Price
$295,000
Sold Price
$318,000
Premium/Discount to List
$23,000
7.8%
Current Estimated Value
$456,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,723
Avg. Annual Appreciation
8.98%
Original Mortgage
$286,200
Outstanding Balance
$260,988
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,735

Purchase Details

Closed on
Feb 8, 2002
Sold by
Somchanhmavong Khampho
Bought by
Somchanhmavong Khampho

Purchase Details

Closed on
Jul 17, 1995
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
Griffin Mark C $318,000 None Available
Somchanhmavong Khampho -- Gwen Seaquist
-- $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Mark C $286,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $318,000 +7.8% $166 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $295,000 -- $154 / 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 $7,625 $385,000 $44,100 $340,900
2023 $7,554 $347,000 $44,100 $302,900
2022 $0 $315,000 $44,100 $270,900
2021 $4,864 $260,000 $44,100 $215,900
2020 $4,864 $260,000 $44,100 $215,900
2019 $6,407 $260,000 $44,100 $215,900
2018 $4,994 $260,000 $44,100 $215,900
2017 $4,084 $240,000 $31,000 $209,000
2016 $4,765 $240,000 $31,000 $209,000
2015 -- $240,000 $31,000 $209,000
2014 -- $240,000 $31,000 $209,000
Source: Public Records

Agents Affiliated with this Home

  • Zoe Leonard

    Seller's Agent in 2021

    Zoe Leonard

    Howard Hanna S Tier Inc

    (607) 257-0800

    1 in this area

    89 Total Sales

    Zoe Leonard
    Section Image
  • Kelly Skeval

    Buyer's Agent in 2021

    Kelly Skeval

    Howard Hanna S Tier Inc

    (607) 382-1343

    2 in this area

    105 Total Sales

    Kelly Skeval
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB404924

APN: 500700-026-000-0001-010-000-0000

New York Tompkins County Ithaca 14850 Fall Creek

507 Willow Ave, Ithaca, NY

Not Listed for Sale

Detached

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