NOT LISTED FOR SALE

508 Cayuga Heights Rd Ithaca, NY 14850

Estimated Value: $654,655 - $720,000

4 Beds
4 Baths
2,648 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 14, 2012

Last sale price $400,000 $151 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,705/month

127 Days on Market

Highlights

  • Pond
  • Wood Flooring
  • Den
  • Cayuga Heights Elementary School Rated A-
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of August 2012

Enjoy winter lake views & gorgeous sunsets from this charming French country style home situated on a very private acre in the heart of Cayuga Heights w/ mature trees and secluded, spring fed miniature pond. Its classic features include a slate roof, stucco & stone exterior, fireplace, oak floors, formal LR and DR. Natural light brings the outside in to this versatile floor plan w/ family room, study and laundry on the first floor. Upstairs you'll find 4 large bedrooms & 2 baths.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 246x177

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Slate Roof
  • Tile Roof
  • Masonry
  • Stucco
  • Stone

Interior Spaces

  • 2,648 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Den
  • Attic Fan
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Pond
  • Shed

Schools

  • Cayuga Heights Elementary School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 503001 8.-2-2

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Lot Size: 246X177
  • Water Body Name: None
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1923
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: Elaine@ElaineQuaroni.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Amenities: Den, Entrance Foyer, Eat-in Kitchen
  • Living Area: 2648.0
  • Dining Room Type: Den, Entry/Foyer
  • Stories: 2

Exterior Features

  • Lot Features: Pond
  • Construction Type: Frame, Masonry, Stone, Stucco
  • Foundation Details: Other, See Remarks
  • Other Structures: Shed(s), Storage
  • Roof: Slate, Tile

Garage/Parking

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

Utilities

  • Cooling: Attic Fan
  • Heating: Gas, Hot Water, Steam
  • 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

Lot Info

  • Lot Size Sq Ft: 44431.0
  • Parcel #: 503001 8.-2-2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2012
Closed on
Aug 30, 2012
Sold by
Sheng Jia
Bought by
Kao Yuanchen
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Current Estimated Value
$686,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,664
Avg. Annual Appreciation
4.12%

Purchase Details

Listed on
Mar 9, 2012
Closed on
Aug 14, 2012
Sold by
Free Louie C
Bought by
Sheng Jia
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
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
Kao Yuanchen -- Scott A Miller
Sheng Jia $400,000 Scott A Miller
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2012 08/14/12 Sold $400,000 -11.1% $151 / Sq Ft
07/15/2012 07/15/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $450,000 -- $170 / 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 $13,416 $530,000 $160,600 $369,400
2023 $14,361 $512,000 $160,600 $351,400
2022 $13,598 $465,000 $160,600 $304,400
2021 $14,299 $465,000 $160,600 $304,400
2020 $13,855 $450,000 $160,600 $289,400
2019 $12,629 $450,000 $160,600 $289,400
2018 $13,768 $450,000 $160,600 $289,400
2017 $12,714 $400,000 $160,600 $239,400
2016 $12,692 $400,000 $160,600 $239,400
2015 -- $400,000 $160,600 $239,400
2014 -- $400,000 $160,600 $239,400
Source: Public Records

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB135639

APN: 503001-008-000-0002-002-000-0000