NOT LISTED FOR SALE

53 Twin Glens Rd Ithaca, NY 14850

Estimated Value: $1,538,000 - $1,911,000

4 Beds
3.5 Baths
5,296 Sq Ft
$331/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $1,650,000 $312 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $13,041/month

Highlights

  • Lake Front
  • 3.43 Acre Lot
  • Partially Wooded Lot
  • Cayuga Heights Elementary School Rated A-
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of April 2022

Extraordinary custom-built contemporary home on 3.4 partially wooded acres. Enjoy amazing panoramic year-round views of Cayuga lake from 2 balconies, and tremendous walls of windows which provide natural light thru the entire house. Expansive open floor plan perfect for entertainment with 2-sided wood fireplace between the living an dining rooms. Chef's dream kitchen w/ custom cabinets & granite counters. Fabulous features include beautiful maple floors, barrel ceilings, main floor grand primary bedroom w/ dressing room, luxury bathroom w/ walk-in shower, soaking tub surrounded by magnificent lake views. Elevator to huge walk-out lower level with 2 bedrooms, 2 full baths, office, gym, family room, rec room, workshop. This is a rare gem located at the end of a cul-de-sac. Offers extreme privacy while being only minutes to Cornell, downtown Ithaca, shops, restaurants, waterfalls, state parks. Relax & enjoy dazzling sunsets shimmering across the lake.

Last Agent to Sell the Property

Heather Gowe/Reciprocal

Warren Real Estate of Ithaca Inc. Brokerage Email: Heather@heathergowe.com License #10401319453 Listed on: 04/11/2022

Last Buyer's Agent

Jenny Chai

Ithaca Real Estate, Inc. License #10311200553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,858

Year Built

  • Built in 1995

Lot Details

  • 3.43 Acre Lot
  • Lake Front
  • Partially Wooded Lot

Parking

  • 2 Car Garage
  • Circular Driveway

Home Design

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

Interior Spaces

  • 5,296 Sq Ft Home
  • Cathedral Ceiling
  • 1 Fireplace
  • Awning
  • Entrance Foyer
  • Home Office
  • Workshop
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub

Finished Basement

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

Schools

  • Cayuga Heights Elementary School
  • Boynton Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Septic Tank
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 48.1-2-64

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,858

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.43
  • Directions: Twin Glens is off of Cayuga Heights Road, house is at the end of the road, driveway on the left, first house on the right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1995
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: Heather@heathergowe.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Trash Compactor
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Interior Amenities: Cathedral Ceiling(s), Den, Entrance Foyer, Eat-in Kitchen, Home Office, Jetted Tub, Kitchen Island, Main Level Primary, Workshop
  • Living Area: 5296.0
  • Dining Room Type: Office, Workshop, Den, Entry/Foyer

Exterior Features

  • Lot Features: Other, See Remarks, Wooded, Lake Front
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Awning(s), Balcony, Propane Tank - Owned
  • Foundation Details: Poured
  • Patio And Porch Features: Balcony
  • Roof: Metal, Other, See Remarks

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Circular Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Propane, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 149411.0
  • Parcel #: 48.1-2-64
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Apr 28, 2022
Sold by
Sorrells Mark E
Bought by
Ye Mao and Yang Xi
Seller's Agent
Heather Gowe/Reciprocal
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Jenny Chai
Ithaca Real Estate, Inc.
List Price
$1,500,000
Sold Price
$1,650,000
Premium/Discount to List
$150,000
10%
Current Estimated Value
$1,753,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,226
Avg. Annual Appreciation
-0.65%
Original Mortgage
$700,000
Outstanding Balance
$657,247
Interest Rate
3.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$957,070

Purchase Details

Listed on
Oct 19, 2020
Closed on
Sep 1, 2021
Sold by
Abrams Robert H
Bought by
Sorrells Mark E
Seller's Agent
Susan Lustick
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Heather Gowe/Reciprocal
Warren Real Estate of Ithaca Inc.
List Price
$1,589,532
Sold Price
$1,400,000
Premium/Discount to List
-$189,532
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.81%
Original Mortgage
$1,120,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Ye Mao -- None Available
Ye Mao $1,650,000 None Available
Sorrells Mark E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ye Mao $700,000
Closed Ye Mao $700,000
Previous Owner Sorrells Mark E $1,120,000
Previous Owner Abrams Robert H $6,277
Previous Owner Abrams Robert H $3,149
Previous Owner Abrams Robert H $1,176
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $1,650,000 +10.0% $312 / Sq Ft
04/11/2022 04/11/22 For Sale $1,500,000 +7.1% $283 / Sq Ft
09/24/2021 09/24/21 Sold $1,400,000 -11.9% $264 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
10/19/2020 10/19/20 For Sale $1,589,532 -- $300 / 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 $41,858 $1,625,000 $341,000 $1,284,000
2023 $41,858 $1,625,000 $341,000 $1,284,000
2022 $34,454 $1,400,000 $341,100 $1,058,900
2021 $28,585 $1,081,000 $341,100 $739,900
2020 $28,606 $1,081,000 $341,100 $739,900
2019 $9,551 $1,081,000 $341,100 $739,900
2018 $27,651 $1,030,000 $341,100 $688,900
2017 $28,134 $1,030,000 $254,700 $775,300
2016 $28,164 $1,030,000 $254,700 $775,300
2015 -- $1,030,000 $254,700 $775,300
2014 -- $1,030,000 $254,700 $775,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406395

APN: 503201-048-001-0002-064-000-0000