NOT LISTED FOR SALE

514 Chestnut St Unit 16 Ithaca, NY 14850

West Hill Neighborhood

Estimated Value: $381,000 - $401,000

4 Beds
2 Baths
2,002 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $226,500 $113 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,625/month

91 Days on Market

Highlights

  • 1.03 Acre Lot
  • Cape Cod Architecture
  • Wood Flooring
  • Cayuga Heights Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of June 2016

Charming and quaint City of Ithaca home nestled on a 1 acre lot close to bus stop and downtown. A rare find of 1950s charm coupled with an addition offering cathedral ceilings, open floor space, formal dining, full bath, large windows with views & sunrises and a woodstove. Main house has hardwood floors, fireplace additional dining area and 4 bedrooms. Possible guest suite or in-law quarters. Wonderful lot with mix of woods and lawn. Covered rear deck and stone patio take in the private yard. Lower level shop space plus a 2 car garage with blacktop drive. City living with a country feel.

Last Agent to Sell the Property

Steven Saggese

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: steve@ithacahomefinder.com License #30SA0532613 Listed on: 02/01/2016

Last Buyer's Agent

Jill Rosentel

Warren Real Estate of Ithaca Inc. (Downtown) License #10301201202

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 218x231

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,002 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Home Office
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Patio

Schools

  • Cayuga Heights Elementary School

Utilities

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

Community Details

  • West Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 77-1-5

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Lot Size: 218X231
  • Water Body Name: None
  • Subdivision Name: WEST HILL
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1951
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: steve@ithacahomefinder.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Home Office, Skylights, Main Level Primary, Workshop
  • Living Area: 2002.0
  • Dining Room Type: Office, Workshop
  • Window Features: Skylight(s)

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: 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: 44866.0
  • Parcel #: 77-1-5
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Jun 1, 2016
Sold by
Mccoy Kathleen
Bought by
Woodward Jason
Seller's Agent
Steven Saggese
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$234,900
Sold Price
$226,500
Premium/Discount to List
-$8,400
-3.58%
Current Estimated Value
$393,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,751
Avg. Annual Appreciation
5.93%
Original Mortgage
$185,000
Outstanding Balance
$147,431
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$245,820

Purchase Details

Closed on
Mar 4, 2010
Sold by
Peck Jack H
Bought by
Mccoy Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Woodward Jason $231,500 Galbraith Dirk
Mccoy Kathleen M $205,000 James Salk
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodward Jason $185,000
Previous Owner Mccoy Kathleen M $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2016 06/02/16 Sold $226,500 -3.6% $113 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $234,900 -- $117 / 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 $6,842 $345,000 $66,300 $278,700
2023 $6,240 $286,000 $66,300 $219,700
2022 $8,932 $260,000 $66,300 $193,700
2021 $8,679 $245,000 $66,300 $178,700
2020 $5,609 $245,000 $66,300 $178,700
2019 $6,227 $235,000 $66,300 $168,700
2018 $5,561 $235,000 $66,300 $168,700
2017 $5,231 $215,000 $56,500 $158,500
2016 $4,749 $215,000 $56,500 $158,500
2015 -- $215,000 $56,500 $158,500
2014 -- $215,000 $56,500 $158,500
Source: Public Records

Agents Affiliated with this Home

  • Steven Saggese

    Seller's Agent in 2016

    Steven Saggese

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 280-4350

    6 in this area

    278 Total Sales

    Steven Saggese
    Section Image

  • J

    Buyer's Agent in 2016

    Jill Rosentel

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 280-2491

    14 in this area

    243 Total Sales

    Jill Rosentel
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB304742

APN: 500700-077-000-0001-005-000-0000

New York Tompkins County Ithaca 14850 West Hill

514 Chestnut St Unit 16, Ithaca, NY

Not Listed for Sale

Detached

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