NOT LISTED FOR SALE

61 Genung Rd Ithaca, NY 14850

Estimated Value: $340,000 - $392,000

5 Beds
2.5 Baths
2,400 Sq Ft
$154/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $258,000 $108 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,627/month

61 Days on Market

Highlights

  • Barn
  • Colonial Architecture
  • Loft
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of March 2022

Hocus. Pocus. Focus.This is an opportunity for an ambitious real estate entrepreneur to rebuild and restore this unique property, in it's perfect location, to it's full potential in the heart of this most desirable neighborhood. Private setting, yet less than ten minutes of unobstructed travel to Cornell University, East Hill Plaza, various land trusts, located just down the street from Ellis Hollow community Center, 13 min from The Ithaca Commons. Greek Peak skiiing 25 min. to the east. If one is willing to work, one can buy the dream, at a price that defies the laws of today's capitalistic real estate enviroment. yes, there is work to be done, but the reasonable cost of this buy -n makes it worth your effort. Psst-Don't forget the accessory apartment! Hocus. Pocus. Focus.

Last Agent to Sell the Property

Francis Martinez

Howard Hanna S Tier Inc Brokerage Email: frankmartinez@howardhanna.com License #10401205808 Listed on: 12/03/2021

Howard Hanna S Tier Inc

Last Buyer's Agent

Bethany Huey

Warren Real Estate of Ithaca Inc. (Downtown) License #10401237932

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,443

Year Built

  • Built in 1968

Lot Details

  • 1.25

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Entrance Foyer
  • Loft

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Schools

  • Caroline Elementary School
  • Dewitt Middle School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Outbuilding
  • 1.25 Acre Lot
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 66.-1-4.4

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,443

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.25
  • Directions: Left on Genung Rd heading east out of Ithaca on Ellis Hollow Rd. House is half mile down on the right.
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1968
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: frankmartinez@howardhanna.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Loft
  • Living Area: 2400.0
  • Dining Room Type: Loft, Entry/Foyer

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Other Structures: Barn(s), Outbuilding
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Electric, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Well

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Lot Size Sq Ft: 54450.0
  • Parcel #: 66.-1-4.4
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Feb 17, 2022
Sold by
White Gerald B and White Maria T
Bought by
Smith William and Baildon Katherine
Seller's Agent
Francis Martinez
Howard Hanna S Tier Inc
Buyer's Agent
Bethany Huey
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$265,000
Sold Price
$258,000
Premium/Discount to List
-$7,000
-2.64%
Current Estimated Value
$369,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,071
Avg. Annual Appreciation
10.84%
Original Mortgage
$206,400
Outstanding Balance
$189,163
Interest Rate
3.69%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$179,908
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
Smith William $258,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith William $206,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $258,000 -2.6% $108 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $265,000 -- $110 / 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 $7,443 $300,000 $55,750 $244,250
2023 $7,443 $271,000 $55,750 $215,250
2022 $7,746 $258,000 $55,750 $202,250
2021 $8,376 $325,000 $55,750 $269,250
2020 $7,668 $300,000 $35,500 $264,500
2019 $3,189 $300,000 $35,500 $264,500
2018 $7,665 $300,000 $35,500 $264,500
2017 $7,753 $300,000 $30,500 $269,500
2016 $7,821 $300,000 $30,500 $269,500
2015 -- $270,000 $30,500 $239,500
2014 -- $270,000 $30,500 $239,500
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2022

    Francis Martinez

    Howard Hanna S Tier Inc

    4 in this area

    16 Total Sales

    Francis Martinez
    Section Image
  • Bethany Huey

    Buyer's Agent in 2022

    Bethany Huey

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 351-3131

    10 in this area

    104 Total Sales

    Bethany Huey
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB405753

APN: 502489-066-000-0001-004-004-0000

New York Tompkins County Ithaca 14850

61 Genung Rd, Ithaca, NY

This home is located at 61 Genung Rd, Ithaca, NY 14850 since 03 December 2021 and is currently estimated at $369,071, approximately $153 per square foot. This property was built in 1968. 61 Genung Rd is a home located in Tompkins County with nearby schools including Caroline Elementary School, DeWitt Middle School, and Ithaca Senior High School.

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