NOT LISTED FOR SALE

731 Cayuga Heights Rd Ithaca, NY 14850

Estimated Value: $498,000 - $567,000

4 Beds
3 Baths
2,984 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $405,000 $136 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,618/month

77 Days on Market

Highlights

  • Beach Access
  • Barn
  • Partially Wooded Lot
  • Cayuga Heights Elementary School Rated A-
  • 11.23 Acre Lot
  • Wood Flooring

About This Home

As of August 2022

Great, secluded location - and lots of land [11.23 acres] - with Old Style Farmhouse [1,908 Sf] that has loads of potential but does require repairs and extensive updating. Apartment [1,076 SF] was added to Lower-Level years ago providing additional flexibility to expand house living area or continue to use as an apartment. Accompanying land consists of expansive front and back yards, lots of woods, stream and barn. See accompanying aerial. Private driveway. Property is being sold as is.

Last Agent to Sell the Property

David Huckle

Pyramid Brokerage Company - Co Brokerage Email: dhuckle@pyramidbrokerage.com License #10301217083 Listed on: 04/19/2022

Last Buyer's Agent

David Huckle

Pyramid Brokerage Company - Co Brokerage Email: dhuckle@pyramidbrokerage.com License #10301217083 Listed on: 04/19/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1820

Lot Details

  • 11.23 Acre Lot
  • Partially Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Farmhouse Style Home
  • Split Level Home
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,984 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Partially Finished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Beach Access
  • Outbuilding

Schools

  • Cayuga Heights Elementary School
  • Dewitt Middle School

Farming

  • Barn

Utilities

  • Heating System Uses Oil
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 47.1-1-23

Home Details

Home Type

Single Family

Year Built

Built in 1820

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 11.23
  • Directions: Just off Rte. 13 Cayuga Heights Exits. Secluded drive immediately to right off south exit. Look for sign a foot of driveway.
  • Architectural Style: Farmhouse, Two Story, Split-Level
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1820
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: dhuckle@pyramidbrokerage.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: See Remarks
  • Has Basement: Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood, Laminate, Tile, Varies
  • Interior Amenities: Other, See Remarks
  • Living Area: 2984.0
  • Stories: 2

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: Beach Access
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Other Structures: Barn(s), Outbuilding
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Cooling: Other, See Remarks
  • Heating: Oil, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Lot Size Sq Ft: 489179.0
  • Parcel #: 47.1-1-23
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Aug 2, 2022
Sold by
Cayuga Hts Vntrs Llc
Bought by
Miller Martin
Seller's Agent
David Huckle
Pyramid Brokerage Company - Co
Buyer's Agent
David Huckle
Pyramid Brokerage Company - Co
List Price
$397,700
Sold Price
$405,000
Premium/Discount to List
$7,300
1.84%
Current Estimated Value
$538,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,252
Avg. Annual Appreciation
8.67%
Original Mortgage
$344,250
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2017
Sold by
Gesslein George
Bought by
Cayuga Heights Ventures

Purchase Details

Closed on
Feb 18, 2005
Sold by
Bangs Isabelle E & By P
Bought by
Gesslein George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.78%
Mortgage Type
Unknown
Source: Public Records
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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
Miller Martin $405,000 None Available
Cayuga Heights Ventures $480,000 Ulrich Douglas
Gesslein George $450,000 Mark B Wheeler
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Martin $344,250
Previous Owner Gesslein George $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2022 08/04/22 Sold $405,000 +1.8% $136 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $397,700 -- $133 / 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 $9,680 $405,000 $273,300 $131,700
2023 $10,492 $405,000 $273,300 $131,700
2022 $13,997 $530,000 $273,300 $256,700
2021 $13,492 $500,000 $273,300 $226,700
2020 $13,494 $500,000 $273,300 $226,700
2019 $4,450 $500,000 $273,300 $226,700
2018 $13,704 $500,000 $413,800 $86,200
2017 $13,942 $500,000 $273,300 $226,700
2016 $13,957 $500,000 $273,300 $226,700
2015 -- $500,000 $273,300 $226,700
2014 -- $500,000 $273,300 $226,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406438

APN: 503201-047-001-0001-023-000-0000