This 2 bedroom bi-level condo is PERFECT EASY LIVING! Attractive and efficient! The main level features a living/dining combo with flooring and a large bay window. The convenient kitchen is across from the dining area. It has a breakfast bar with granite counters plus newer appliances, as well as a walk-in pantry/laundry. Upstairs are 2 bedrooms with hardwood floors and a full bath. There's abundant parking plus a reserved carport with a storage closet. HOA fees $370/mo. cover water, sewer, garbage, roof, snow removal, exterior maintenance and landscaping plus community laundry facilities. In 2027, the HOA has
planned siding repair and exterior painting for units #27 to #44. #42 is included. It will look fresh and new! Bus stop nearby. Access to miles of private fascinating hiking trails. Bird lovers paradise! A fabulous place to call home! Minutes to Cornell & Ithaca College, supermarket, drug store, banks & restaurants.
Active
$225,000
42 Penny Ln, Ithaca, NY 14850
2beds
864sqft
Single Family Residence
Built in 1983
871 Square Feet Lot
$-- Zestimate®
$260/sqft
$370/mo HOA
What's special
Abundant parkingNewer appliancesLarge bay window
- 81 days |
- 549 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Warren Real Estate of Ithaca Inc. 607-257-0666,
Siu-ling Chaloemtiarana 607-279-2550
Source: NYSAMLSs,MLS#: R1687334
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
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
- Laundry: Main Level
Features
- Breakfast Bar, Entrance Foyer, Programmable Thermostat
- Flooring: Hardwood, Varies
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport, Other
- Garage spaces: 1
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Blacktop Driveway, Patio
Lot
- Size: 871 Square Feet
- Dimensions: 18 x 53
- Features: Cul-De-Sac, Irregular Lot, Near Public Transit, Residential Lot, Wooded
Details
- Parcel number: 50308905800100010420000000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,See Remarks
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
Condition
- Resale
- Year built: 1983
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Commonland
HOA
- HOA fee: $370 monthly
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $185,000
- Annual tax amount: $4,555
- Date on market: 6/3/2026
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listed for sale | $225,000+7.1%$260/sqft |
Source:  NYSAMLSs #R1687334 Report a problem | ||
| 8/26/2024 | Sold | $210,000$243/sqft |
Source: NYSAMLSs #R1551734 Report a problem | ||
| 7/15/2024 | Contingent | $210,000$243/sqft |
Source:  ITMLS #R1551734 Report a problem | ||
| 7/12/2024 | Listed for sale | $210,000+28.8%$243/sqft |
Source: ITMLS #R1551734 Report a problem | ||
| 5/2/2019 | Sold | $163,000+5.2%$189/sqft |
Source: NYSAMLSs #IB315885 Report a problem | ||
| 2/27/2019 | Pending sale | $155,000$179/sqft |
Source: Warren Real Estate Downtown Office #315885 Report a problem | ||
| 2/19/2019 | Listed for sale | $155,000+15.7%$179/sqft |
Source: Warren Real Estate Downtown Office #315885 Report a problem | ||
| 1/10/2017 | Sold | $134,000-3.6%$155/sqft |
Source: NYSAMLSs #IB307422 Report a problem | ||
| 12/6/2016 | Pending sale | $139,000$161/sqft |
Source: WARREN REAL ESTATE #307422 Report a problem | ||
| 9/22/2016 | Price change | $139,000-4.1%$161/sqft |
Source: WARREN REAL ESTATE #307422 Report a problem | ||
| 8/31/2016 | Listed for sale | $145,000+52.6%$168/sqft |
Source: WARREN REAL ESTATE #307422 Report a problem | ||
| 8/22/2006 | Sold | $95,000+120.9%$110/sqft |
Source: Public Record Report a problem | ||
| 5/26/2000 | Sold | $43,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $185,000 |
| 2024 | -- | $185,000 +5.7% |
| 2023 | -- | $175,000 |
| 2022 | -- | $175,000 +29.6% |
| 2021 | -- | $135,000 |
| 2020 | -- | $135,000 |
| 2019 | -- | $135,000 +12.5% |
| 2018 | -- | $120,000 |
| 2017 | $3,794 | $120,000 |
| 2016 | -- | $120,000 +9.1% |
| 2015 | -- | $110,000 |
| 2014 | -- | $110,000 +10% |
| 2013 | -- | $100,000 |
| 2012 | -- | $100,000 |
| 2011 | -- | $100,000 |
| 2010 | -- | $100,000 |
| 2009 | -- | $100,000 +5.3% |
| 2008 | -- | $95,000 +26.7% |
| 2007 | -- | $75,000 |
| 2006 | -- | $75,000 |
| 2005 | -- | $75,000 +25% |
| 2004 | -- | $60,000 +33.3% |
| 2003 | -- | $45,000 +9.8% |
| 2002 | -- | $41,000 |
| 2001 | -- | $41,000 +5.1% |
| 2000 | -- | $39,000 |
Find assessor info on the county website
Monthly payment
Climate risks
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
- Middle: Dewitt Middle
- 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.
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