NOT LISTED FOR SALE

511 Elm St Ithaca, NY 14850

Estimated Value: $499,000 - $603,000

3 Beds
2.5 Baths
2,310 Sq Ft
$235/Sq Ft Est. Value

Last Sold April 02, 2013

Last sale price $299,900 $130 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,851/month

158 Days on Market

Highlights

  • Beach Access
  • Deck
  • Pond
  • Cayuga Heights Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of April 2013

Enjoy one of the most spectacular, panoramic views from this 3 bedroom, 2.5 bath, energy efficient contemporary. Three levels of living space with a library/family room, office, walk-in closet in master bedroom, laundry area, central vacuum and extensive storage. Enjoy the tranquility eating on the back deck or the side patio overlooking almost 7 acres of pasture, woods, fruit trees, small pond and babbling brook. Also, a 3-car garage, perennial beds, organic vegetable garden and large storage shed. All municipal services, but only 3 minutes to downtown.

Last Agent to Sell the Property

Bryan Warren

Warren Real Estate of Ithaca Inc. Brokerage Email: bhwarren@warrenhomes.com License #31WA1115996 Listed on: 09/25/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 6.92

Parking

  • Detached Garage

Home Design

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

Interior Spaces

  • 2,310 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Entrance Foyer
  • Home Office

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Beach Access
  • Pond
  • Deck
  • Patio
  • Shed

Schools

  • Cayuga Heights Elementary School

Utilities

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

Additional Features

  • Energy-Efficient Windows
  • 6.92 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 503089 29.-7-11.1

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.92
  • Water Body Name: None
  • Directions: Rt 13A (Floral Ave), immediate R onto Elm Street, turns into Elm St Ext. House on left.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1993
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: bhwarren@warrenhomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Tile, Varies, Vinyl
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Entrance Foyer, Home Office
  • Living Area: 2310.0
  • Dining Room Type: Office, Entry/Foyer

Exterior Features

  • Lot Features: Pond
  • Waterfront Features: Beach Access
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Poured
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached, Garage

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • 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: 301435.0
  • Parcel #: 503089 29.-7-11.1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2012
Closed on
Apr 2, 2013
Sold by
Sherrow Gregory R
Bought by
Lancaster Kyle M
Seller's Agent
Bryan Warren
Warren Real Estate of Ithaca Inc.
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$543,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,945
Avg. Annual Appreciation
4.78%
Original Mortgage
$239,900
Outstanding Balance
$170,178
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$373,667

Purchase Details

Closed on
Aug 22, 2007
Sold by
Baccanale Cecile L
Bought by
Sherrow Gregory R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,900
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2002
Sold by
Ryan Diana F
Bought by
Baccanale Cecile L

Purchase Details

Closed on
Oct 23, 1998

Purchase Details

Closed on
Aug 19, 1998
Sold by
Manufacturers And Traders Trus
Bought by
Faulkner Boyd and Ryan Diana F

Purchase Details

Closed on
Jan 16, 1998
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
Lancaster Kyle M $299,900 Klausner Adam
Sherrow Gregory R $314,900 Randy Marcus
Baccanale Cecile L $210,000 Michael Yehl
-- -- --
Faulkner Boyd $140,000 --
-- $178,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lancaster Kyle M $239,900
Previous Owner Sherrow Gregory R $177,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2013 04/02/13 Sold $299,900 0.0% $130 / Sq Ft
03/03/2013 03/03/13 Pending -- -- --
09/25/2012 09/25/12 For Sale $299,900 -- $130 / 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 $12,027 $485,000 $73,700 $411,300
2023 $10,614 $387,000 $73,700 $313,300
2022 $10,274 $352,000 $73,700 $278,300
2021 $9,988 $335,000 $73,700 $261,300
2020 $9,780 $335,000 $73,700 $261,300
2019 $4,224 $315,000 $73,700 $241,300
2018 $9,197 $300,000 $73,700 $226,300
2017 $9,407 $300,000 $73,500 $226,500
2016 $9,478 $300,000 $73,500 $226,500
2015 -- $300,000 $73,500 $226,500
2014 -- $300,000 $73,500 $226,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB137094

APN: 503089-029-000-0007-011-001-0000