7 Observatory Cir Ithaca, NY 14850
Varna NeighborhoodEstimated Value: $348,000 - $644,000
About This Home
Observatory Circle: Nestled adjacent to the prestigious Cornell University campus and the renowned Cornell Vet School, Observatory Circle is an exclusive private community in Ithaca, New York. This serene enclave features expansive 3,200-square-foot paired homes, each designed with high ceilings and expansive glass windows that offer breathtaking views and a seamless blend of luxury and nature.
Located near Varna, Dryden Rd., and Flat Rock, Observatory Circle is perfect for outdoor enthusiasts, providing easy access to scenic hiking trails through lush forests and picturesque woods. Each spacious single-family home includes 5 bedrooms, 4 baths, and a garage, ensuring ample room for comfortable and sophisticated living.
The homes boast a thoughtful layout that balances communal and private spaces, ideal for entertaining and relaxation. Residents enjoy the tranquility of a secluded community with the convenience of proximity to Cornell University and the vibrant city of Ithaca, offering cultural, educational, and recreational opportunities. Experience unparalleled comfort and sophistication in Observatory Circle, the perfect place to call home.
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2025 05/24/25 | Off Market | $4,635 | -- | -- |
| 04/22/2025 04/22/25 | Price Changed | $4,635 | 0.0% | $1 / Sq Ft |
| 04/22/2025 04/22/25 | For Rent | $4,635 | +8.2% | -- |
| 02/13/2025 02/13/25 | Off Market | $4,285 | -- | -- |
| 01/11/2025 01/11/25 | For Rent | $4,285 | 0.0% | -- |
| 12/25/2024 12/25/24 | Off Market | $4,285 | -- | -- |
| 11/21/2024 11/21/24 | For Rent | $4,285 | 0.0% | -- |
| 11/21/2024 11/21/24 | Off Market | $4,285 | -- | -- |
| 10/04/2024 10/04/24 | For Rent | $4,285 | -- | -- |
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 | $11,510 | $465,000 | $18,000 | $447,000 |
| 2023 | $9,478 | $347,000 | $18,000 | $329,000 |
| 2022 | $8,578 | $315,000 | $18,000 | $297,000 |
| 2021 | $8,325 | $300,000 | $18,000 | $282,000 |
| 2020 | $8,295 | $300,000 | $18,000 | $282,000 |
| 2019 | $3,319 | $300,000 | $18,000 | $282,000 |
| 2018 | $8,389 | $300,000 | $10,400 | $289,600 |
| 2017 | $8,483 | $300,000 | $16,200 | $283,800 |
| 2016 | $8,555 | $300,000 | $16,200 | $283,800 |
| 2015 | -- | $280,000 | $16,200 | $263,800 |
| 2014 | -- | $280,000 | $16,200 | $263,800 |
Map
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