NOT LISTED FOR SALE

809 Five Mile Dr Ithaca, NY 14850

Estimated Value: $497,000 - $538,000

4 Beds
3 Baths
3,456 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $480,000 $139 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,657/month

77 Days on Market

About This Home

As of June 2023

Rare opportunity to own 3.7 acres connecting to Buttermilk State Park, within walking distance to downtown Ithaca.This uniquely attractive home comes equipped with a large accessory apartment on the lower level, perfectly situated to optimize privacy from visiting family or passive income potential. Primary unit is mostly located on the 2nd floor with a main level entryway into a stunning living room with custom/locally sourced woodwork and Llenroc chimney. Upstairs you will find a newly renovated kitchen w/blue stone countertops, white oak cabinets, & a large eating area.Lofted den overlooking the backyard & provides access to a future deck over a carport (to be built). Primary bedroom with walk-in closet & full bath. 2 additional bedrooms and a full bath.LL accessory 1 bedroom apartment with tile and cork flooring, kitchen, laundry, and plenty of storage.Owner is still making cosmetic updates to the home, will be finished by closing.

Last Agent to Sell the Property

Jill Rosentel

Warren Real Estate of Ithaca Inc. (Downtown) License #10301201202 Listed on: 03/15/2023

Last Buyer's Agent

Sarah Wisdorf

Ithaca Board Reciprocal/Non-member

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,473

Year Built

1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.71
  • Lot Size: 460X
  • Directions: From Downtown Ithaca: Take a left onto Floral Ave from Rt 79 West for approx 1.7 miles. The property entrance will be on your left shortly after Bostwick Rd. Long Driveway. House may not be visible from the road.
  • Architectural Style: Contemporary, Other
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1970
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Exhaust Fan, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Concrete, Hardwood, Varies
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Skylights, Loft
  • Living Area: 3456.0
  • Dining Room Type: Loft
  • Window Features: Skylight(s)

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Foundation Details: Poured
  • Other Structures: Shed(s), Storage
  • Roof: Metal

Garage/Parking

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

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 161608.0
  • Parcel #: 503089 31.-2-17
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Jun 30, 2023
Sold by
Dolph Ormsby
Bought by
Homan Allen and Homan Margaret
Seller's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Sarah Wisdorf
Ithaca Board Reciprocal/Non-member
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Current Estimated Value
$517,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,808
Avg. Annual Appreciation
-0.45%
Original Mortgage
$310,000
Outstanding Balance
$303,979
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,611

Purchase Details

Closed on
Dec 12, 2016
Sold by
Lamontagne Yvonne
Bought by
Dolph Christopher

Purchase Details

Closed on
Aug 18, 2011
Sold by
Srnka Bros Investment Lp
Bought by
Lamontagne Yvonne

Purchase Details

Closed on
Mar 3, 2006
Sold by
Srnka Stephen K
Bought by
Srnka Bros. Investments Lp

Purchase Details

Closed on
Sep 26, 2005
Sold by
Srnka Stephen K
Bought by
Srnka Stephen K

Purchase Details

Closed on
Dec 6, 2001
Sold by
Srnka
Bought by
Srnka Stephen K
Source: Public Records

Range of Values:

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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
Homan Allen $480,000 None Available
Dolph Christopher $184,000 --
Lamontagne Yvonne $209,000 Mariette Geldenhuys
Srnka Bros. Investments Lp -- Rich John
Srnka Stephen K -- Richard T John
Srnka Stephen K -- Richard B Thaler
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homan Allen $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $480,000 -3.8% $139 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $499,000 -- $144 / 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 $9,473 $475,000 $53,100 $421,900
2023 $9,473 $330,000 $53,100 $276,900
2022 $8,592 $300,000 $53,100 $246,900
2021 $8,592 $275,000 $53,100 $221,900
2020 $8,007 $275,000 $53,100 $221,900
2019 $3,446 $225,000 $53,100 $171,900
2018 $7,214 $225,000 $53,100 $171,900
2017 $7,312 $225,000 $35,400 $189,600
2016 $7,346 $225,000 $35,400 $189,600
2015 -- $205,000 $35,400 $169,600
2014 -- $205,000 $35,400 $169,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB408016

APN: 503089-031-000-0002-017-000-0000