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123 Woolf Lane

123 Woolf Lane, Ithaca, NY 14850
House in Ithaca
Sold May 27, 2022
$585,000
Sold Aug 15, 2017
$302,324
$241,800 by Corning Federal Credit Union
Mortgage Due Jan 01, 2047
123 Woolf Lane in Ithaca, NY was first built in 1990 and is 34 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 123 Woolf Lane has 2,816 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 25,265 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 576 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing electric heaters and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 1, 2022 for $585,000. That's $207.74 per sqft. Prior to that sales transaction, the property was also sold in Aug 15, 2017 for $302,324. 123 Woolf Lane was last assessed in 2023. The total value of the property was assessed at $550,000. Specifically, the land the property is located on was valued at $36,600. While improvements on the property were assessed at a total of $513,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,489. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Cedar Siding

Parking

Attached Garage
Open Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 2,816
  • Building Area: 2,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 2,816
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.58
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GROSSMAN JAY M
  • Previous Owner : REITEMANN CHRISTIAN M
  • Previous Owner 2: WALTERS MELISSA M
  • Owner Before Previous Owner: KIELY IRENE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ithaca City School District
  • School Tax School District: ITHACA
  • Census Tract: 000900

Geography

  • District: 503089
  • Section: 23.00
  • Parcel: 503089 23.-1-11.131
  • Block: 1
  • Lot: 11.131
  • Municipality: ITHACA (TOV)
  • Latitude: 42.4779
  • Longitude: -76.5518

    Address

  • Full Address: 123 Woolf Ln
  • Address - House Number: 123
  • Address - Street Name: Woolf
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Ithaca
  • Carrier Code: R003
  • 4-Digit Zip Code: 9551
  • Zip Code: 14850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,489
  • Tax Rate Code Area: 500700

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 536,623
  • High Value: 648,480
  • Low Value: 424,765

    Market Valuation

  • Market Total Value: $550,000
  • Market Land Value: $36,600
  • Market Improvement Value: $513,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $550,000
  • Assessed Land Value: $36,600
  • Assessed Improvements Value: $513,400

    Sales

  • Current Sale Contract Date: May 01, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Transaction ID: 11889575500
  • Current Sale Price: $585,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-05817
  • Previous Sale Recording Date: Aug 15, 2017
  • Previous Sale Contract Date: Aug 15, 2017
  • Previous Sale Amount: $302,324
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: CORNING FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Aug 15, 2017
  • Previous Mortgage Loan Amount: $241,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Northwest Ithaca



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Frequently Asked Questions

What neighborhood is 123 Woolf Lane located in?
The 123 Woolf Lane is a house located in the neighborhood of Ithaca in Northwest Ithaca, Ithaca.
What is the average sales price for listings in 123 Woolf Lane?
The average sales price for units in 123 Woolf Lane is $0 currently.

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