$377,500
SOLD MAY 2, 2016

940 E Shore Dr Ithaca, NY 14850

3 Beds
2 Baths
1,885 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$200 Per Sq Ft

16% Below List Price

158 Days on Market

About This Home

As of February 2024

Nestled on the east side of Cayuga Lake, this lovely Contemporary has 48' of lake frontage, panoramic views & exceptional sunsets of Stewart Park & the west side of the lake. The 1st floor has an open floor plan, including the kitchen, d.r., & f.r. overlooking the lake. There is an add'l lg. l.r., full bath w/steam shower, laundry area & bonus room, which could serve as an office or extra bedroom. All rooms have either hardwood or tile floors. The 2nd floor is comprised of 3 bedrooms, master w/a garden window & extraordinary lakeviews, full bath and pull-down stairs to the attic for storage

Last Agent to Sell the Property

Rosemary Rukavena

Warren Real Estate of Ithaca Inc. Brokerage Email: ro@warrenhomes.com License #30RU0938509 Listed on: 10/26/2015

Last Buyer's Agent

Steven Saggese

Warren Real Estate of Ithaca Inc. (Downtown) License #30SA0532613

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,764

Year Built

1992

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: 48X55
  • Water Body Name: Cayuga
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Efficiency: Windows
  • Year Built: 1992
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: ro@warrenhomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Hardwood, Varies
  • Interior Amenities: Cathedral Ceiling(s), Home Office, Skylights
  • Living Area: 1885.0
  • Dining Room Type: Office
  • Window Features: Skylight(s)

Exterior Features

  • Waterfront Features: Beach Access, Lake
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage, No 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

Lot Info

  • Lot Size Sq Ft: 2613.0
  • Parcel #: 503089 18.-5-5
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Feb 8, 2024
Sold by
Varma Shan and Owen Kimberley
Bought by
Main Jennifer and Waxman Eliot
Seller's Agent
Susan Lustick
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Current Estimated Value
$739,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,026
Avg. Annual Appreciation
-0.94%

Purchase Details

Closed on
Apr 6, 2022
Sold by
Omara Barbara and Hinsley Connor
Bought by
Hinsley Connor

Purchase Details

Listed on
Oct 26, 2015
Closed on
May 2, 2016
Sold by
Gupta Om
Bought by
Varma Shan and Owen
Seller's Agent
Rosemary Rukavena
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Steven Saggese
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$449,000
Sold Price
$377,500
Premium/Discount to List
-$71,500
-15.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Dec 13, 2002
Sold by
Gupta Om P
Bought by
Gupta Om P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 None Available
Quit Claim Deed -- None Available
Deed $377,500 Vandemark Allan
Deed -- John C Barney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $6,150 Unknown
Previous Owner $262,500 Unknown
Previous Owner $150,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $750,000 -3.2% $398 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
11/17/2023 11/17/23 For Sale $775,000 +105.3% $411 / Sq Ft
05/02/2016 05/02/16 Sold $377,500 -15.9% $200 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $449,000 -- $238 / 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 $13,764 $700,000 $112,500 $587,500
2023 $13,764 $506,000 $112,500 $393,500
2022 $12,872 $460,000 $112,500 $347,500
2021 $11,862 $400,000 $112,500 $287,500
2020 $11,923 $400,000 $112,500 $287,500
2019 $5,288 $400,000 $112,500 $287,500
2018 $11,582 $380,000 $112,500 $267,500
2017 $11,861 $380,000 $112,500 $267,500
2016 $11,026 $350,000 $85,000 $265,000
2015 -- $350,000 $85,000 $265,000
2014 -- $350,000 $85,000 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB303995

APN: 503089-018-000-0005-005-000-0000