NOT LISTED FOR SALE

Estimated Value: $275,939 - $459,000

4 Beds
2.5 Baths
2,032 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 27, 2012

Last sale price $60,000 $30 Per Sq Ft

Est. 525% increase in value since last sale

Current estimated payment $2,447/month

61 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Energy-Efficient Windows
  • DeWitt Middle School Rated A-
  • Baseboard Heating
  • Walk-Up Access

About This Home

As of December 2012

Fannie Mae Home Path Property. Eligible for HomePath Renovation Mortgage financing. Qualified Buyers can buy with as little as 3% down. Go to www.homepath.com to see details. 4 bedrooms in larger unit, studio on first floor. Parking to east of house. Tax map shows 163' of road front with depth of 120' - irregular shape. Close to Cornell Ag school and farm. 4 miles from downtown.

Last Agent to Sell the Property

Kenneth Benedict

Ken Benedict R.E. & Appraisals Brokerage Email: kenbenedictre@aol.com License #37BE0901865 Listed on: 09/26/2012

Last Buyer's Agent

Kenneth Benedict

Ken Benedict R.E. & Appraisals Brokerage Email: kenbenedictre@aol.com License #37BE0901865 Listed on: 09/26/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1860

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 150x106

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,032 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Caroline Elementary School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • Varna Subdivision

Listing and Financial Details

  • Assessor Parcel Number 500700 56.-3-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,200

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Lot Size: 150X106
  • Water Body Name: None
  • Subdivision Name: Varna
  • Directions: Route 366, 1 mile east of Cornell Orchards. Heart of Varna.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1860
  • Attribution Contact: kenbenedictre@aol.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Exterior Entry, Partial, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 2032.0
  • Stories: 2

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stone
  • Roof: Asphalt

Utilities

  • Heating: Electric, Gas, Baseboard, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Caroline Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 16117.0
  • Parcel #: 500700 56.-3-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2012
Closed on
Dec 19, 2012
Sold by
Federal National Mtg Asso
Bought by
Felker Steven D
Seller's Agent
Kenneth Benedict
Ken Benedict R.E. & Appraisals
Buyer's Agent
Kenneth Benedict
Ken Benedict R.E. & Appraisals
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$375,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,235
Avg. Annual Appreciation
15.16%

Purchase Details

Closed on
Mar 27, 2012
Sold by
Verbarg Donald P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 13, 2004
Sold by
Sarkus Peter J
Bought by
Verbarg Donald P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Felker Steven D $59,900 May Michael
Federal National Mortgage Association $89,365 Shaprio Dicaro Barak
Verbarg Donald P $123,000 Stephen Bowman
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2012 12/27/12 Sold $60,000 -7.7% $30 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $65,000 -- $32 / 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 $5,694 $225,000 $18,900 $206,100
2023 $5,387 $193,000 $18,900 $174,100
2022 $4,856 $175,000 $18,900 $156,100
2021 $4,688 $165,000 $18,900 $146,100
2020 $4,650 $165,000 $18,900 $146,100
2019 $1,912 $165,000 $18,900 $146,100
2018 $4,854 $165,000 $18,900 $146,100
2017 $2,386 $75,000 $17,800 $57,200
2016 $2,349 $75,000 $17,800 $57,200
2015 -- $50,000 $17,800 $32,200
2014 -- $50,000 $17,800 $32,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB137102

APN: 502489-056-000-0003-008-000-0000