Nestled in a quiet secluded area of the desirable Commonland Community, is this beautiful updated 2 bed/1.5 bath end unit townhome. Step inside to an inviting split level floor plan featuring large newer windows allowing for lots of natural light, hardwood floors, a modern updated kitchen with new stainless steel appliances, granite countertops, and walk in pantry. The combined living and dining area overlooks the renowned six mile creek nature area. Private access to hiking trails is a short distance away! The primary bedroom includes an ensuite bath, walk-in closet, and more nature views. The second bedroom offers flexibility as a home office or creative space. Additional features include updated bathrooms, freshly painted rooms, private patio, in-unit laundry, a dedicated carport with storage, and TACT bus line access. Monthly HOA is $335 which covers exterior structural maintenance, water/sewer, community garden, snow removal, lawn care, insurance, and trash pickup. Whether you're looking for a quiet retreat or a home close to Ithaca's vibrant downtown, this is a rare find. Experience a low maintenance lifestyle tucked among the trees.
Closed
$310,000
11 Penny Ln, Ithaca, NY 14850
2beds
1,344sqft
Townhouse, Condominium
Built in 1984
-- sqft lot
$311,300 Zestimate®
$231/sqft
$2,715 Estimated rent
Home value
$311,300
$258,000 - $374,000
$2,715/mo
Zestimate® history
Owner options
List your home for rent
$2,715/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,715/mo
Rent Zestimate®
Refinance and save
$2,545/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,545/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Natural lightNature viewsDedicated carport with storageSecond bedroom offers flexibilityQuiet secluded areaPrivate patioWalk-in closet
Zillow last checked:
Listing updated:
Listed by:
Joan Mones 607.597.6429,
Howard Hanna Cortland
Bought with:
Laurel Guy, 10371201385
Warren Real Estate of Ithaca Inc. (Downtown)
Source: NYSAMLSs,MLS#: S1590782
Originating MLS: Cortland
Originating MLS: CortlandFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Second
- Dimensions: 14.00 x 13.00
Bedroom 2
- Level: Second
- Dimensions: 11.00 x 10.00
Dining room
- Dimensions: 8.00 x 14.00
Kitchen
- Dimensions: 17.00 x 8.00
Living room
- Dimensions: 17.00 x 14.00
Heating
- Electric, Baseboard
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
- Laundry: Upper Level
Features
- Separate/Formal Living Room, Granite Counters, Kitchen Island, Living/Dining Room, Walk-In Pantry, Bath in Primary Bedroom
- Flooring: Carpet, Hardwood, Luxury Vinyl, Varies
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 1,344
- Total interior livable area: 1,344 sqft
- Finished area below ground: 672
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered, Carport, One Space
- Garage spaces: 1
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 1,742 Square Feet
- Dimensions: 31 x 53
- Features: Cul-De-Sac, Greenbelt, Near Public Transit, Rectangular, Rectangular Lot
Details
- Parcel number: 50308905800100010110000000
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Townhouse, Condominium
Materials
- Wood Siding
- Roof: Asphalt
Condition
- Resale
- Year built: 1984
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Green energy
- Energy efficient items: Windows
Community & HOA
Community
- Subdivision: Section 581
HOA
- Amenities included: Clubhouse
- Services included: Common Area Maintenance, Common Area Insurance, Maintenance Structure, Sewer, Snow Removal, Trash, Water
- HOA fee: $335 monthly
- HOA name: Commonland Community
- HOA phone: 607-229-4989
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $285,000
- Annual tax amount: $6,841
- Date on market: 2/28/2025
- Cumulative days on market: 15 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2025 | Sold | $310,000$231/sqft |
Source:  NYSAMLSs #S1590782 Report a problem | ||
| 3/16/2025 | Pending sale | $310,000$231/sqft |
Source: NYSAMLSs #S1590782 Report a problem | ||
| 2/28/2025 | Listed for sale | $310,000+5.1%$231/sqft |
Source: NYSAMLSs #S1590782 Report a problem | ||
| 8/31/2023 | Sold | $295,000+15.7%$219/sqft |
Source: NYSAMLSs #EC270107 Report a problem | ||
| 7/17/2023 | Listed for sale | $255,000+32.8%$190/sqft |
Source:  ECMLS #270107 Report a problem | ||
| 6/11/2019 | Sold | $192,000-1.5%$143/sqft |
Source: Public Record Report a problem | ||
| 3/15/2019 | Pending sale | $195,000$145/sqft |
Source: Warren Real Estate Downtown Office #316049 Report a problem | ||
| 3/5/2019 | Listed for sale | $195,000+15%$145/sqft |
Source: Warren Real Estate Downtown Office #316049 Report a problem | ||
| 10/23/2015 | Sold | $169,500+0.3%$126/sqft |
Source: Public Record Report a problem | ||
| 9/14/2015 | Pending sale | $169,000$126/sqft |
Source: CAROL BUSHBERG REAL ESTATE #303462 Report a problem | ||
| 9/5/2015 | Listed for sale | $169,000+17.4%$126/sqft |
Source: CAROL BUSHBERG REAL ESTATE #303462 Report a problem | ||
| 7/1/2010 | Sold | $144,000+21.5%$107/sqft |
Source: Public Record Report a problem | ||
| 7/1/2005 | Sold | $118,500+39.6%$88/sqft |
Source: Public Record Report a problem | ||
| 7/2/2003 | Sold | $84,900+51.6%$63/sqft |
Source: Public Record Report a problem | ||
| 5/18/2001 | Sold | $56,000+14.3%$42/sqft |
Source: Public Record Report a problem | ||
| 8/5/1997 | Sold | $49,000$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $285,000 |
| 2024 | -- | $285,000 +23.9% |
| 2023 | -- | $230,000 |
| 2022 | -- | $230,000 +21.1% |
| 2021 | -- | $190,000 |
| 2020 | -- | $190,000 +2.7% |
| 2019 | -- | $185,000 +12.1% |
| 2018 | -- | $165,000 |
| 2017 | $5,336 | $165,000 |
| 2016 | -- | $165,000 |
| 2015 | -- | $165,000 +14.6% |
| 2014 | -- | $144,000 |
| 2013 | -- | $144,000 |
| 2012 | -- | $144,000 |
| 2011 | -- | $144,000 +10.8% |
| 2010 | -- | $130,000 |
| 2009 | -- | $130,000 +4% |
| 2008 | -- | $125,000 +17.9% |
| 2007 | -- | $106,000 +17.8% |
| 2006 | -- | $90,000 |
| 2005 | -- | $90,000 +5.9% |
| 2004 | -- | $85,000 +21.4% |
| 2003 | -- | $70,000 +2.9% |
| 2002 | -- | $68,000 |
| 2001 | -- | $68,000 +9.7% |
| 2000 | -- | $62,000 |
Find assessor info on the county website
Neighborhood: East Ithaca
Nearby homes
- $248,4002 bd1 ba1.1k sqft10 Penny Ln, Ithaca, NY 14850Off Market
- $241,8002 bd1 ba1.1k sqft9 Penny Ln, Ithaca, NY 14850Off Market
- $264,9002 bd1 ba1.1k sqft7 Penny Ln, Ithaca, NY 14850For Sale
- $249,1002 bd1 ba1.1k sqft16 Penny Ln, Ithaca, NY 14850Off Market
- $218,2002 bd1 ba864 sqft17 Penny Ln, Ithaca, NY 14850Off Market
- $227,9002 bd1 ba864 sqft18 Penny Ln, Ithaca, NY 14850Off Market
- $246,0003 bd1 ba1.1k sqft19 Penny Ln, Ithaca, NY 14850Sold
- $287,2002 bd2 ba1.3k sqft3 Penny Ln, Ithaca, NY 14850Off Market
Nearby schools
GreatSchools rating
- 4/10Belle Sherman SchoolGrades: PK-5Distance: 1.3 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 3.2 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Belle Sherman
- High: Ithaca Senior High
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Ithaca Topics
