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7 Saunders Road

7 Saunders Road, Ithaca, NY 14850
Property in Ithaca
Sold Nov 20, 2012
$235,000
Buyer
$150,000 by Elmira Savings Bank
Mortgage Due Jan 01, 2042
Sold Oct 29, 2008
$235,000
$199,750 by Tompkins Trust Co
Mortgage Due Jan 01, 2033
7 Saunders Road has been categorized by the local assessors in Ithaca, NY as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7 Saunders Road has 1,344 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 672 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 16,553 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7 Saunders Road sold most recently in Nov 20, 2012 for a total of $235,000. If you work out the math, that's approximately a cost of $174.85 per sqft. Before that, the property was also sold for $235,000 in Oct 28, 2008. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $8,480 in taxes each year. 7 Saunders Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $338,000. If we break it down further, the land itself was valued at $55,900. Improvements to the property, however, were assessed at a total of $282,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 672
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,344
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHEN XIAO
  • Previous Owner : BLOCK WILLIAM C
  • Owner Before Previous Owner: MITCHELL CHERYL K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ithaca City School District
  • School Tax School District: ITHACA
  • Census Tract: 001100

Geography

  • District: 503089
  • Section: 44.02
  • Parcel: 503089 44.2-2-19
  • Block: 2
  • Lot: 19.000
  • Municipality: ITHACA (TOV)
  • Latitude: 42.4048
  • Longitude: -76.4852

    Address

  • Full Address: 7 Saunders Rd
  • Address - House Number: 7
  • Address - Street Name: Saunders
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ithaca
  • Carrier Code: R010
  • 4-Digit Zip Code: 9498
  • Zip Code: 14850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,480
  • Tax Rate Code Area: 500700

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 418,011
  • High Value: 498,236
  • Low Value: 337,786

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: ELMIRA SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 20, 2012
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 349
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2042

    Market Valuation

  • Market Total Value: $338,000
  • Market Land Value: $55,900
  • Market Improvement Value: $282,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,000
  • Assessed Land Value: $55,900
  • Assessed Improvements Value: $282,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2012
  • Current Sale Recording Date: Nov 20, 2012
  • Current Sale Transaction ID: 1108390176
  • Current Sale Price: $235,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 29, 2008
  • Previous Sale Contract Date: Oct 28, 2008
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ELMIRA SAVINGS BANK
  • First Mortgage Transaction Date: Nov 20, 2012
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 349
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jan 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: TOMPKINS TRUST CO
  • Previous Mortgage Transaction Date: Oct 29, 2008
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $199,750
  • Previous Mortgage Term: 290
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jan 01, 2033

About South Hill



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Frequently Asked Questions

What neighborhood is 7 Saunders Road located in?
The 7 Saunders Road is a located in the neighborhood of Ithaca in South Hill, Ithaca.
What is the average sales price for listings in 7 Saunders Road?
The average sales price for units in 7 Saunders Road is $0 currently.

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