NOT LISTED FOR SALE

562 Ithaca Rd Spencer, NY 14883

Estimated Value: $122,000 - $173,000

3 Beds
1 Bath
840 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $140,080 $167 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,090/month

71 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Corner Lot
  • Wood Flooring
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of March 2024

Perfect Homestead, charming 3 bedroom 1 bath home with gorgeous original hardwood floors, a newly remodeled bathroom and a huge back yard. Get cozy in your Livingroom with the wood fireplace insert while enjoying the view with the large picture window in your Livingroom. Large fenced in front yard, and lots of space in the back yard fenced in with a nice deck to relax on. Attached garage, great for a work space. Newer metal roof. large basement with potential to make bonus area in. Fully fenced in back yard with shed and chicken coop inside and front yard is fenced in with two grazing areas. Easy commute to Ithaca, 3 mins to stores & restaurants in Spencer. Open House this Friday December 8th 4:30pm till 6:30pm & Sunday December 10th 10am till 1 pm.

Last Agent to Sell the Property

Suzanne Powers

RE/MAX In Motion License #10401300020 Listed on: 12/04/2023

RE/MAX In Motion

Last Buyer's Agent

Suzanne Powers

RE/MAX In Motion License #10401300020 Listed on: 12/04/2023

RE/MAX In Motion

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,980

Year Built

  • Built in 1965

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 129x130
  • Poultry Coop
  • Property is Fully Fenced
  • Corner Lot

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Oil Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 493489-046-014-0001-020-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,980

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6516
  • Lot Size: 129X130
  • Road Frontage Type: Main Thoroughfare
  • Directions: Coming from Ithaca on Route 13/Ithaca Rd home with be on the right, Take a right on Gleason Hill rd to get to driveway.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Existing
  • Year Built: 1965
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Oil Water Heater, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Varies, Vinyl
  • Interior Amenities: Eat-in Kitchen, Bedroom on Main Level
  • Living Area: 840.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Dining Room Type: Bedroom
  • Stories: 1

Exterior Features

  • Fencing: Full
  • Lot Features: Corner Lot
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Fully Fenced, Gravel Driveway
  • Foundation Details: Block
  • Other Structures: Poultry Coop, Shed(s), Storage
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached

Utilities

  • Heating: Oil, Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Well

Schools

  • Junior High Dist: Spencer-Van Etten

Lot Info

  • Lot Size Sq Ft: 28384.0
  • Parcel #: 493489-046-014-0001-020-000-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2980.0
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Mar 8, 2024
Sold by
Schmalfuss Andrew S and Schmalfuss Olivia R
Bought by
Roberts Dakota
Seller's Agent
Suzanne Powers
RE/MAX In Motion
Buyer's Agent
Suzanne Powers
RE/MAX In Motion
List Price
$140,000
Sold Price
$140,080
Premium/Discount to List
$80
0.06%
Views
2
Current Estimated Value
$148,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,502
Avg. Annual Appreciation
6.75%

Purchase Details

Listed on
Jul 19, 2017
Closed on
Sep 11, 2017
Sold by
Reynolds Benjamin
Bought by
Schmalfuss Andrew
Seller's Agent
Karen Johnson
Laurel Management, Inc.
Buyer's Agent
Karen Johnson
Laurel Management, Inc.
List Price
$102,900
Sold Price
$97,000
Premium/Discount to List
-$5,900
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$92,150
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2006
Sold by
Gudgeon David L
Bought by
Reynolds Benjamin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1999
Source: Public Records

Range of Values:

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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
Roberts Dakota $140,080 None Available
Schmalfuss Andrew $97,000 Frank M. Como
Schmalfuss Andrew $97,000 Frank M. Como
Reynolds Benjamin T $70,000 Peter Grossman
Reynolds Benjamin T $70,000 Peter Grossman
-- $32,745 --
-- $32,745 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmalfuss Andrew $92,150
Previous Owner Leonardi Victoria L $72,000
Previous Owner Reynolds Benjamin T $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $140,080 +0.1% $167 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
12/04/2023 12/04/23 For Sale $140,000 +44.3% $167 / Sq Ft
09/19/2017 09/19/17 Sold $97,000 -5.7% $115 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $102,900 -- $123 / 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 $3,358 $99,900 $18,300 $81,600
2023 $33 $99,900 $18,300 $81,600
2022 $3,180 $99,900 $18,300 $81,600
2021 $3,332 $99,900 $18,300 $81,600
2020 $3,065 $99,900 $18,300 $81,600
2019 $1,334 $76,100 $22,500 $53,600
2018 $2,750 $76,100 $22,500 $53,600
2017 $2,219 $76,100 $22,500 $53,600
2016 $2,183 $76,100 $22,500 $53,600
2015 -- $76,100 $22,500 $53,600
2014 -- $76,100 $22,500 $53,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1512391

APN: 493489-046-014-0001-020-000-0000