Move right in to easy living with this conveniently located two bedroom condo. Open concept kitchen and living room. The Commonland community is very close to Cornell University, Ithaca College, and downtown Ithaca. Direct access to 6 mile creek with acres of nature surrounding you, waterfalls and trails.
Closed
$239,900
40 Penny Ln, Ithaca, NY 14850
2beds
1,152sqft
Single Family Residence
Built in 1983
1,306.8 Square Feet Lot
$259,100 Zestimate®
$208/sqft
$1,524 Estimated rent
Home value
$259,100
$246,000 - $272,000
$1,524/mo
Zestimate® history
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$1,524/mo
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$1,724/mo
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$1,724/mo
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Zillow last checked:
Listing updated:
Listed by:
Havana Jorrin 607-280-9032,
Warren Real Estate of Ithaca Inc.
Bought with:
Marissa Makie, 10401266720
Berkshire Hathaway HomeServices Heritage Realty
Source: NYSAMLSs,MLS#: R1538384
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
Features
- Breakfast Bar
- Flooring: Ceramic Tile, Laminate, Varies
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,152
- Total interior livable area: 1,152 sqft
Property
Parking
- Parking features: No Garage, Shared Driveway
Features
- Levels: Two
- Stories: 2
- Patio & porch: Enclosed, Porch
- Exterior features: Gravel Driveway
Lot
- Size: 1,306 sqft
- Dimensions: 28 x 53
- Features: Greenbelt, Near Public Transit, Residential Lot
Details
- Parcel number: 58.1140
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured
Condition
- Resale
- Year built: 1983
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Ithaca
HOA & financial
HOA
- HOA fee: $300 monthly
Other
Other facts
- Listing terms: Cash,Conventional,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2024 | Sold | $239,900+2.1%$208/sqft |
Source:  NYSAMLSs #R1538384 Report a problem | ||
| 5/21/2024 | Contingent | $235,000$204/sqft |
Source:  ITMLS #R1538384 Report a problem | ||
| 5/16/2024 | Listed for sale | $235,000+41.6%$204/sqft |
Source: ITMLS #R1538384 Report a problem | ||
| 6/5/2020 | Sold | $166,000-2.1%$144/sqft |
Source: NYSAMLSs #IB401272 Report a problem | ||
| 2/13/2020 | Pending sale | $169,500$147/sqft |
Source: Howard Hanna #401272 Report a problem | ||
| 1/28/2020 | Listed for sale | $169,500+25.6%$147/sqft |
Source: Howard Hanna #401272 Report a problem | ||
| 7/24/2014 | Sold | $135,000+0.7%$117/sqft |
Source: NYSAMLSs #IB140785 Report a problem | ||
| 4/29/2014 | Listed for sale | $134,000+22.9%$116/sqft |
Source: RE/MAX In Motion #140785 Report a problem | ||
| 8/7/2007 | Sold | $109,000+55.7%$95/sqft |
Source: Public Record Report a problem | ||
| 2/19/2003 | Sold | $70,000+43.2%$61/sqft |
Source: Public Record Report a problem | ||
| 6/5/2001 | Sold | $48,8900%$42/sqft |
Source: Public Record Report a problem | ||
| 6/12/1998 | Sold | $48,900-13.5%$42/sqft |
Source: Public Record Report a problem | ||
| 2/7/1995 | Sold | $56,500$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $220,000 +10% |
| 2024 | -- | $200,000 +11.1% |
| 2023 | -- | $180,000 |
| 2022 | -- | $180,000 +16.1% |
| 2021 | -- | $155,000 |
| 2020 | -- | $155,000 |
| 2019 | -- | $155,000 +14.8% |
| 2018 | -- | $135,000 |
| 2017 | $3,868 | $135,000 |
| 2016 | -- | $135,000 |
| 2015 | -- | $135,000 +17.4% |
| 2014 | -- | $115,000 |
| 2013 | -- | $115,000 |
| 2012 | -- | $115,000 |
| 2011 | -- | $115,000 |
| 2010 | -- | $115,000 +4.5% |
| 2009 | -- | $110,000 |
| 2008 | -- | $110,000 +22.2% |
| 2007 | -- | $90,000 |
| 2006 | -- | $90,000 |
| 2005 | -- | $90,000 +20% |
| 2004 | -- | $75,000 +25% |
| 2003 | -- | $60,000 +20.5% |
| 2002 | -- | $49,800 |
| 2001 | -- | $49,800 |
| 2000 | -- | $49,800 |
Find assessor info on the county website
Neighborhood: East Ithaca
Nearby schools
GreatSchools rating
- 4/10Belle Sherman SchoolGrades: PK-5Distance: 1.2 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 3.1 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Belle Sherman
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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