NOT LISTED FOR SALE

610 Spencer Rd Ithaca, NY 14850

Spencer Road Neighborhood

Estimated Value: $341,000 - $471,000

4 Beds
2 Baths
2,413 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $315,000 $131 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,791/month

73 Days on Market

Highlights

  • 0.97 Acre Lot
  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Boynton Middle School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of August 2021

Charming property that has been updated with many improvements. Conveniently located near the Route 13 business district. Ideal for owner-occupied or embrace this reliable investment opportunity. Main house 3BR & 1BA apt rents by the room for $600/month (owner has lived in one room). Apt is 1BR & 1BA and rents for $1000, no lease in place. Tenants pay all utilities except for water/sewer. Property is in great condition with a renovated kitchen and full bath in the main unit and very nice first floor apartment. Coin operated washer and dryer available to both units. Newer roof on the back of the house, front is in good condition. Furnaces are also in good shape and the main house has central air! Large screened in porch offer's lovely outdoor dining space. Large lot with tons of extra parking and an oversized garage that fits up to 4 cars AND storage space. Walk to Buttermilk Falls State Park, Wegmans and downtown! OFFERS REVIEWED ON 5/11.

Last Agent to Sell the Property

Kathleen Seaman

Warren Real Estate of Ithaca Inc. Brokerage Email: kmseaman@warrenhomes.com License #30SE0908346 Listed on: 05/06/2021

Last Buyer's Agent

Kristopher Buchan

Tompkins Cortland Real Estate License #10371200368

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 0.97 Acre Lot
  • Partially Fenced Property

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 2,413 Sq Ft Home
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Parking

  • 2 Car Detached Garage
  • Parking Available
  • On-Street Parking
  • Off-Site Parking

Schools

  • Fall Creek Elementary School
  • Boynton Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Energy-Efficient Windows
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 129.-1-5

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.97
  • Lot Size: 256X
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1910
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: kmseaman@warrenhomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Finished, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Other, See Remarks
  • Living Area: 2413.0
  • Dining Room Type: Entry/Foyer

Exterior Features

  • Fencing: Partial
  • Lot Features: Other, See Remarks
  • Construction Type: Aluminum Siding, Frame, Steel Siding
  • Exterior Features: Fence, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Concrete, Detached, Garage, Off Site, Other, Parking Available, One Space, On Street, See Remarks, Two or More Spaces

Utilities

  • Cooling: Separate Meters, Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Separate Meters, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 42253.0
  • Parcel #: 129.-1-5
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Aug 17, 2021
Sold by
Kelly Amanda and Kelly Roxanne K
Bought by
Panzarello Michelle
Seller's Agent
Kathleen Seaman
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Kristopher Buchan
Tompkins Cortland Real Estate
List Price
$249,000
Sold Price
$315,000
Premium/Discount to List
$66,000
26.51%
Current Estimated Value
$416,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,237
Avg. Annual Appreciation
6.60%
Original Mortgage
$205,000
Outstanding Balance
$186,408
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,829

Purchase Details

Listed on
Nov 5, 2015
Closed on
Feb 4, 2016
Sold by
Fannie Mae
Bought by
Kelly Amanda and Kelly
Seller's Agent
Kenneth Benedict
Ken Benedict R.E. & Appraisals
Buyer's Agent
Kathleen Seaman
Warren Real Estate of Ithaca Inc.
List Price
$115,000
Sold Price
$131,200
Premium/Discount to List
$16,200
14.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%
Original Mortgage
$124,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2015
Sold by
Krogh Guy K
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Panzarello Michelle $315,000 None Available
Kelly Amanda $131,200 Albanese Jonathan
Federal National Mortgage Association $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panzarello Michelle $205,000
Previous Owner Kelly Amanda $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2021 08/17/21 Sold $315,000 +26.5% $131 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $249,000 +89.8% $103 / Sq Ft
02/04/2016 02/04/16 Sold $131,200 +14.1% $78 / Sq Ft View Prior Sale
01/05/2016 01/05/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $115,000 -- $68 / 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 $7,315 $365,000 $71,100 $293,900
2023 $6,945 $315,000 $71,100 $243,900
2022 $8,403 $315,000 $71,100 $243,900
2021 $5,793 $160,000 $71,100 $88,900
2020 $3,722 $160,000 $71,100 $88,900
2019 $4,905 $150,000 $71,100 $78,900
2018 $3,628 $150,000 $71,100 $78,900
2017 $3,480 $140,000 $48,800 $91,200
2016 $3,512 $140,000 $48,800 $91,200
2015 -- $175,000 $48,800 $126,200
2014 -- $175,000 $48,800 $126,200
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Seaman

    Seller's Agent in 2021

    Kathleen Seaman

    Warren Real Estate of Ithaca Inc.

    (607) 280-3339

    1 in this area

    202 Total Sales

    Kathleen Seaman
    Section Image
  • Kristopher Buchan

    Buyer's Agent in 2021

    Kristopher Buchan

    Tompkins Cortland Real Estate

    (607) 745-8553

    1 in this area

    183 Total Sales

    Kristopher Buchan
    Section Image

  • K

    Seller's Agent in 2016

    Kenneth Benedict

    Ken Benedict R.E. & Appraisals

    Section Image
See All Agents

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB404268

APN: 500700-129-000-0001-005-000-0000

New York Tompkins County Ithaca 14850 Spencer Road

610 Spencer Rd, Ithaca, NY

Not Listed for Sale

Detached

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