Seller's Agent in 2024
Steven Saggese
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 280-4350
1 in this area
277 Total Sales
562 Spencer Rd Ithaca, NY 14850
Spencer Road NeighborhoodEstimated Value: $222,000 - $296,000
3
Beds
2
Baths
1,373
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Deck
- Main Floor Bedroom
- Boynton Middle School Rated A-
- Wood Flooring
- Separate Formal Living Room
About This Home
As of April 2024After 62 years of loving care this City of Ithaca Cape Cod style home is seeking a new owner to extend the many years of enjoyment that it has provided. Huge level lot stretches 300 feet in depth offering room for outdoor fun, gardens, additional outbuildings, picnics and more. A rare find. Inside you will discover some classic charm such as hardwood and softwood floors, built-ins, glass doorknobs and solid wood doors. Spacious living room plus a formal dining room. Private main floor bedroom is an ideal office or guest room with a full bath just outside the door. Upper floor has two more bedroom plus a 2nd full bath. Enclosed cozy front porch overlooks the neighborhood and blends outdoor allure with indoor comfort. Updated windows, rear deck, plenty of parking and a full walk out basement for shop space, extended living space or just extra storage. Very convenient to shopping and parks. A wonderful home for starters that are looking for a turnkey home in a city location. Offers reviewed 2/27
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-280-4350 License #30SA0532613 Listed on: 02/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,904
Year Built
- Built in 1951
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 50x301
Home Design
- Cape Cod Architecture
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
- Copper Plumbing
Interior Spaces
- 1,373 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Thermal Windows
- Drapes & Rods
- Separate Formal Living Room
- Formal Dining Room
Kitchen
- Electric Oven
- Electric Range
- Range Hood
- Recirculated Exhaust Fan
- Microwave
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- No Garage
- Gravel Driveway
- Shared Driveway
Outdoor Features
- Deck
- Enclosed Patio or Porch
Schools
- Fall Creek Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 125.-2-6
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2024
Closed on
Apr 16, 2024
Sold by
Swartz Eleanor S
Bought by
Cherney Samuel R
Seller's Agent
Steven Saggese
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Ellen Morris-Knower
Howard Hanna S Tier Inc
List Price
$235,000
Sold Price
$258,000
Premium/Discount to List
$23,000
9.79%
Views
6
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
$11,224
Avg. Annual Appreciation
2.59%
Original Mortgage
$213,250
Outstanding Balance
$210,064
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$59,937
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cherney Samuel R | $258,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cherney Samuel R | $213,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2024 04/16/24 | Sold | $258,000 | +9.8% | $188 / Sq Ft |
| 02/21/2024 02/21/24 | For Sale | $235,000 | -- | $171 / Sq Ft |
Source: Ithaca Board of REALTORS®
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 | $1,033 | $225,000 | $54,800 | $170,200 |
| 2023 | $1,018 | $204,000 | $54,800 | $149,200 |
| 2022 | $1,847 | $185,000 | $54,800 | $130,200 |
| 2021 | $1,721 | $170,000 | $54,800 | $115,200 |
| 2020 | $2,478 | $170,000 | $54,800 | $115,200 |
| 2019 | $2,077 | $155,000 | $54,800 | $100,200 |
| 2018 | $1,999 | $155,000 | $54,800 | $100,200 |
| 2017 | $1,728 | $125,000 | $33,200 | $91,800 |
| 2016 | $1,490 | $125,000 | $33,200 | $91,800 |
| 2015 | -- | $125,000 | $33,200 | $91,800 |
| 2014 | -- | $125,000 | $33,200 | $91,800 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Saggese
-
Ellen Morris-Knower
Buyer's Agent in 2024
Ellen Morris-Knower
Howard Hanna S Tier Inc
(607) 244-4814
1 in this area
106 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1522124
APN: 500700-125-000-0002-006-000-0000
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