53 Twin Glens Rd Ithaca, NY 14850
4
Beds
3.5
Baths
5,296
Sq Ft
3.43
Acres
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 2022Extraordinary 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
Warren Real Estate of Ithaca Inc. Brokerage Email: Heather@heathergowe.com License #10401319453 Listed on: 04/11/2022
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
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
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
1.81%
Original Mortgage
$700,000
Outstanding Balance
$657,247
Interest Rate
3.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,095,979
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
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-
$1,850,000
- 6 Beds
- 6 Baths
- 6,000 Sq Ft
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Introducing Lincoln House, a masterpiece of craftsmanship built by Paul Martyn Lincoln in 1929, that has been meticulously cared for and now exudes modern luxury for contemporary living. Constructed with double-brick walls, a lifetime slate roof, and all-copper gutters, this residence is the epitome of durability and elegance. The grandeur continues with stone and hardwood floors, exquisite
Ellen O'Connor Four Seasons Sotheby's Inter.
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $1,650,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $700,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,120,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $6,277 | Unknown | |
| Previous Owner | $3,149 | Unknown | |
| Previous Owner | $1,176 | Unknown |
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
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
-
Heather Gowe/Reciprocal
H
Seller's Agent in 2022
Heather Gowe/Reciprocal
Warren Real Estate of Ithaca Inc.
(607) 280-9069
12 in this area
112 Total Sales
-
Jenny Chai
Buyer's Agent in 2022
Jenny Chai
Ithaca Real Estate, Inc.
(607) 379-9168
23 in this area
77 Total Sales
-
Susan Lustick
Seller's Agent in 2021
Susan Lustick
Warren Real Estate of Ithaca Inc.
(607) 280-1642
18 in this area
77 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: IB406395
APN: 503201-048-001-0002-064-000-0000
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