NOT LISTED FOR SALE

508 Highland Rd Ithaca, NY 14850

Estimated Value: $1,092,000 - $1,259,000

5 Beds
4.5 Baths
4,019 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $854,000 $212 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,807/month

97 Days on Market

Highlights

  • Spa
  • Sauna
  • Pond
  • Cayuga Heights Elementary School Rated A-
  • Deck
  • Marble Flooring

About This Home

As of June 2021

Distinctive Arts & Craft home with a re-imagined interior featuring sleek European design. Stunning, gourmet kitchen w/quartz waterfall island, Thermador appliances. White-washed hardwood floors provide a dynamic juxtaposition against traditional wood trim & pocket doors. Original sconces, light switches, leaded glass windows & ornate mosaic floor tile in entry. Elevator access to main, lower and second floor. Lower level features where your sauna, wine cellar, wet bar, additional living space and an exterior entry to a lovely stone patio. Third floor has two nice sized additional rooms and a full bath. Wrap-around sun porch w/bead-board ceiling leads to expansive deck overlooking a large yard with mature trees and beautiful view. Large two car garage with a living roof and walk way to kitchen door. Paved driveway and a koi pond. Singular in its style, location and size - this is truly a remarkable home in Cayuga Heights that you don't want to miss!

Last Agent to Sell the Property

Kathleen Seaman

Warren Real Estate of Ithaca Inc. Brokerage Email: kmseaman@warrenhomes.com License #30SE0908346 Listed on: 02/22/2021

Last Buyer's Agent

Steven Saggese

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

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1894

Lot Details

  • 0.7 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Garage
  • Parking Available
  • On-Street Parking
  • Off-Site Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,019 Sq Ft Home
  • 1 Fireplace
  • Awning
  • Entrance Foyer
  • Home Office
  • Sauna

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Spa
  • Pond
  • Balcony
  • Deck
  • Patio

Schools

  • Cayuga Heights Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 12.-2-5

Home Details

Home Type

Single Family

Year Built

Built in 1894

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Subdivision Name: N/A
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1894
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: kmseaman@warrenhomes.com
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Gas Oven, Gas Range, Range Hood, See Remarks, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Varies
  • Interior Amenities: Den, Entrance Foyer, Home Office, Hot Tub/Spa, Kitchen Island, Other, See Remarks, Sauna
  • Living Area: 4019.0
  • Dining Room Type: Office, Den, Entry/Foyer

Exterior Features

  • Fencing: Partial
  • Lot Features: Pond
  • Construction Type: Frame, Stucco, Wood Siding
  • Exterior Features: Awning(s), Balcony, Deck, Fence, Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony, Deck, Patio
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Garage, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

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

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 30492.0
  • Parcel #: 12.-2-5
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Dec 6, 2016
Sold by
Marquis Christopher
Bought by
Perry Christina
Seller's Agent
Lindsay Garner
Linz Real Estate
Buyer's Agent
Beth Ganem
Howard Hanna S Tier Inc
List Price
$739,900
Sold Price
$690,000
Premium/Discount to List
-$49,900
-6.74%
Current Estimated Value
$1,189,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,399
Avg. Annual Appreciation
6.20%
Original Mortgage
$300,000
Outstanding Balance
$242,618
Interest Rate
3.57%
Mortgage Type
Unknown
Estimated Equity
$946,781

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 30, 2014
Sold by
Thomas William H
Bought by
Marquis Christopher
Seller's Agent
Susan Lustick
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Linda Hirvonen
Warren Real Estate of Ithaca Inc.
List Price
$785,000
Sold Price
$765,000
Premium/Discount to List
-$20,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.14%
Original Mortgage
$573,750
Interest Rate
4.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 9, 2007
Sold by
Biloski Alan J
Bought by
Thomas William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 29, 2003
Sold by
French Oliver
Bought by
Biloski Alan J
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
Perry Christina $690,000 Guttman Charles
Marquis Christopher $765,000 Katrina Medeiros
Thomas William H $600,000 Don Crittenden
Biloski Alan J $450,000 Randall B Marcus
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Christina $300,000
Previous Owner Marquis Christopher $573,750
Previous Owner Thomas William H $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2021 06/29/21 Sold $854,000 -5.0% $212 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $899,000 +30.3% $224 / Sq Ft
12/06/2016 12/06/16 Sold $690,000 -6.7% $172 / Sq Ft View Prior Sale
11/06/2016 11/06/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $739,900 -3.3% $184 / Sq Ft
06/30/2014 06/30/14 Sold $765,000 -2.5% $190 / Sq Ft View Prior Sale
05/31/2014 05/31/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $785,000 -- $195 / 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 $30,912 $1,125,000 $132,800 $992,200
2023 $32,714 $1,080,000 $132,800 $947,200
2022 $28,478 $900,000 $132,800 $767,200
2021 $29,082 $900,000 $132,800 $767,200
2020 $35,971 $950,000 $132,800 $817,200
2019 $24,586 $950,000 $132,800 $817,200
2018 $19,279 $765,000 $132,800 $632,200
2017 $25,274 $765,000 $142,600 $622,400
2016 $24,707 $765,000 $142,600 $622,400
2015 -- $765,000 $142,600 $622,400
2014 -- $700,000 $142,600 $557,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB403734

APN: 503001-012-000-0002-005-000-0000