NOT LISTED FOR SALE

8 Bush Ln Ithaca, NY 14850

Estimated Value: $429,256 - $487,000

4 Beds
3 Baths
2,064 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $425,000 $206 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,153/month

82 Days on Market

Highlights

  • Wood Flooring
  • Programmable Thermostat
  • Wood Siding
  • DeWitt Middle School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Welcome to this charming old farmhouse nestled in Lansing Village. This single-family home comes with an attached2 bed apt that offers flexible living arrangements or rental income potential. As you step onto the property, you'll begreeted by a beautifully maintained exterior and porches out front or back that invite you to sit back, and enjoy theserene surroundings. Upon entering the main residence, you'll be delighted by the seamless blend of old-worldcharm and modern upgrades. The living areas boast original hardwood floors, creating a warm and invitingatmosphere. The updated kitchen has an open layout, plenty of counter, and ample cabinet space, perfect forpreparing meals and entertaining guests. The main house offers 2 beds, plus a pass-through room that can be usedto the buyer's needs. The main house also has 2 full baths. Situated on a generous lot with mature trees and lushlandscaping, this property is a tranquil retreat just minutes away from downtown Ithaca's amenities. Don't miss thisopportunity to own a piece of Ithaca's history while enjoying modern comforts and income potential. Schedule yourshowing today and experience all this farmhouse has to offer!-

Last Agent to Sell the Property

Emily Doyle

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-592-3658 License #10401250591 Listed on: 03/21/2024

Last Buyer's Agent

Sydney Trumble

Warren Real Estate of Ithaca Inc. License #10401352093

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,082

Year Built

  • Built in 1860

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 219x275

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Beverly J Martin Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • Association fees include all utilities
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 44.1-1-38.32

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,082

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.38
  • Lot Size: 219X275
  • Road Frontage Type: Main Thoroughfare
  • Directions: North on Triphammer, right on Bush Lane, house is first white house on the left.
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1860
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 607-592-3658
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1860

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Varies, Vinyl
  • Interior Amenities: Programmable Thermostat
  • Living Area: 2064.0
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Paved, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: All Utilities

Schools

  • Elementary School: Beverly J Martin Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 60113.0
  • Parcel #: 44.1-1-38.32
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 9082.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jun 7, 2024
Sold by
Caren Matt F and Caren Ann M
Bought by
Christie Anna and Ruffin Haley
Seller's Agent
Emily Doyle
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Sydney Trumble
Warren Real Estate of Ithaca Inc.
List Price
$420,000
Sold Price
$425,000
Premium/Discount to List
$5,000
1.19%
Views
6
Current Estimated Value
$461,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,814
Avg. Annual Appreciation
3.32%
Original Mortgage
$403,750
Outstanding Balance
$399,311
Interest Rate
7.02%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$43,379

Purchase Details

Closed on
Jul 17, 2001
Sold by
Caren John F -Estate Of
Bought by
Caren Ann M

Purchase Details

Closed on
Jun 30, 2000
Sold by
Caren John F -Estate Of
Bought by
Caren Ann M
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
Christie Anna $425,000 None Available
Caren Ann M $155,000 Peter Grossman
Caren Ann M -- Peter Grossman
Caren Ann M -- Peter Grossman
Caren Ann M $501 Grossman Peter
Caren Ann M $501 Grossman Peter
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christie Anna $403,750
Previous Owner Caren Ann M $100,000
Previous Owner Caren Ann M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $425,000 +1.2% $206 / Sq Ft
03/21/2024 03/21/24 For Sale $420,000 -- $203 / 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 $8,300 $375,000 $92,900 $282,100
2023 $8,300 $336,000 $92,900 $243,100
2022 $8,039 $320,000 $92,900 $227,100
2021 $7,702 $300,000 $92,900 $207,100
2020 $7,682 $300,000 $92,900 $207,100
2019 $2,754 $300,000 $92,900 $207,100
2018 $5,759 $225,000 $92,900 $132,100
2017 $5,853 $225,000 $52,900 $172,100
2016 $5,859 $225,000 $52,900 $172,100
2015 -- $225,000 $52,900 $172,100
2014 -- $225,000 $52,900 $172,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1527636

APN: 503201-044-001-0001-038-032-0000