NOT LISTED FOR SALE

895 Taughannock Blvd Ithaca, NY 14850

Estimated Value: $376,000 - $565,000

3 Beds
1 Bath
918 Sq Ft
$547/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $245,000 $267 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,544/month

61 Days on Market

Highlights

  • Lake Front
  • Ranch Style House
  • Forced Air Heating System
  • Boynton Middle School Rated A-
  • 1 Fireplace

About This Home

As of September 2018

An amazing opportunity to own a house ON THE LAKE in Ithaca, for Under $300,000!!! This is a 2-3 Bedroom Log cabin that is perfectly perched on the hill for the best lake views! It has 47 Feet of Lake front w/ a nice yard and a dock! Beautifully masonry work around the property. The dock & stairs have all been redone within the last 5-7 years. This house needs somebody to bring it back to the beautiful condition that it was once in. This is your perfect investment opportunity. Municipal water & sewer. Also hooked up to natural gas. Shared driveway w/ 1 parking spot. House is selling As Is.

Last Agent to Sell the Property

Grace Petrisin

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: gpetrisin@gmail.com License #10401252123 Listed on: 06/26/2018

Last Buyer's Agent

Sarah Wisdorf

Ithaca Board Reciprocal/Non-member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 7,013

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 918 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Common or Shared Parking
  • Shared Driveway

Schools

  • Enfield Elementary School

Additional Features

  • Lake Front
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 503089 25.-2-13

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 150X
  • Water Body Name: Cayuga
  • Directions: 1 Mile North of Cass Park. How is not visible from Road. Look for 895 Taughannock Blvd Address. Follow stairs down to the log cabin home.
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1935
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: gpetrisin@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 918.0

Exterior Features

  • Lot Features: Lake Front
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Log, Other, See Remarks
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Common, No Garage, Shared Driveway

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Enfield
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 503089 25.-2-13
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2023
Sold by
West Shore Apartments Llc
Bought by
Effectual Initiatives Llc
Current Estimated Value
$502,227

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 15, 2018
Sold by
Richard C Wentzel T
Bought by
West Shore Apartments Llc
Seller's Agent
Grace Petrisin
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Sarah Wisdorf
Ithaca Board Reciprocal/Non-member
List Price
$285,000
Sold Price
$245,000
Premium/Discount to List
-$40,000
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%

Purchase Details

Closed on
Apr 11, 2012
Sold by
Wentzel Richard C
Bought by
Wentzel Richard C & As Tr and Richard C Wentzel Living
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
Effectual Initiatives Llc $599,000 None Available
West Shore Apartments Llc $245,000 --
Wentzel Richard C & As Tr -- Ettinger Law Firm
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2018 09/26/18 Sold $245,000 -14.0% $267 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $285,000 -- $310 / 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 $10,947 $440,000 $99,900 $340,100
2023 $10,958 $400,000 $99,900 $300,100
2022 $6,219 $225,000 $99,900 $125,100
2021 $5,377 $175,000 $99,900 $75,100
2020 $6,876 $175,000 $99,900 $75,100
2019 $3,973 $295,000 $99,900 $195,100
2018 $9,048 $295,000 $99,900 $195,100
2017 $9,254 $295,000 $99,900 $195,100
2016 $8,461 $265,000 $94,000 $171,000
2015 -- $265,000 $94,000 $171,000
2014 -- $265,000 $94,000 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB314012

APN: 503089-025-000-0002-013-000-0000