Closed

$300,000

50 Penny Ln, Ithaca, NY 14850

3beds

1,346sqft

Single Family Residence

Built in 1985

2,178 Square Feet Lot

$312,000 Zestimate^®

$223/sqft

$2,314 Estimated rent

Home value

$312,000

$287,000 - $343,000

$2,314/mo

Zestimate^® history

Owner options

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$2,314/mo

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$2,314/mo

Rent Zestimate^®

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$2,508/mo

Est. payment

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$2,508/mo

Est. payment

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What's special

Move-in-ready 3 bedroom, 1.5 bath townhouse only minutes to Cornell and Downtown Ithaca! Home features updated SS appliances, new laminate floors and wall to wall carpet floors, new toilets and fresh paint. Carefree homeownership with HOA fees covering water, sewer, roof, exterior structural maintenance, parking, garbage, landscaping and snow removal. One car carport and stackable laundry adds to easy living. Just a few steps to bus stop, trails for hiking, restaurants and all Ithaca has to offer. Gorgeous distant views enjoyed from a balcony. Community house and pond. Learn more about the community at the Commonland Ithaca website. SQFT sourced from photographer floorplans. Seller will consider offers on 11/29.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 1

Heating

Baseboard, Electric

Appliances

Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Laundry: Main Level

Features

Living/Dining Room
Flooring: Carpet, Varies, Vinyl
Basement: None
Has fireplace: No

Interior area

Total structure area: 1,346
Total interior livable area: 1,346 sqft

Property

Parking

Total spaces: 1
Parking features: Carport, Detached, Garage, Shared Driveway
Garage spaces: 1
Has carport: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Balcony
Exterior features: Balcony

Lot

Size: 2,178 Square Feet
Dimensions: 25 x 65
Features: Cul-De-Sac, Near Public Transit, Residential Lot

Details

Parcel number: 50308905800100010500000000
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary,Two Story
Property subtype: Single Family Residence

Materials

Frame
Foundation: Block
Roof: Asphalt

Condition

Resale
Year built: 1985

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Section 581

HOA

Amenities included: Other, See Remarks
HOA fee: $300 monthly

Location

Region: Ithaca

Financial & listing details

Price per square foot: $223/sqft
Tax assessed value: $230,000
Annual tax amount: $7,015
Date on market: 10/18/2024
Cumulative days on market: 45 days
Listing terms: Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
1/13/2025	Sold	$300,000$223/sqft
Source: NYSAMLSs #R1569918 Report a problem
12/9/2024	Pending sale	$300,000$223/sqft
Source: ITMLS #R1569918 Report a problem
12/2/2024	Contingent	$300,000$223/sqft
Source: ITMLS #R1569918 Report a problem
10/18/2024	Listed for sale	$300,000+40.2%$223/sqft
Source: ITMLS #R1569918 Report a problem
5/22/2020	Sold	$214,000$159/sqft
Source: Public Record Report a problem
2/28/2020	Listed for sale	$214,000+16.3%$159/sqft
Source: Owner Report a problem
7/10/2017	Sold	$184,000-2.1%$137/sqft
Source: NYSAMLSs #IB309490 Report a problem
4/24/2017	Pending sale	$188,000$140/sqft
Source: RealtyUSA #309490 Report a problem
4/11/2017	Listed for sale	$188,000+25.3%$140/sqft
Source: RealtyUSA #309490 Report a problem
6/7/2011	Sold	$150,000-4.2%$111/sqft
Source: Public Record Report a problem
5/26/2011	Pending sale	$156,500$116/sqft
Source: Realty USA #133279 Report a problem
3/3/2011	Listed for sale	$156,500+158.7%$116/sqft
Source: Realty USA #133279 Report a problem
8/11/1998	Sold	$60,500$45/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$265,000
2024	--	$265,000 +15.2%
2023	--	$230,000
2022	--	$230,000 +24.3%
2021	--	$185,000
2020	--	$185,000
2019	--	$185,000 +8.8%
2018	--	$170,000
2017	$4,758	$170,000
2016	--	$170,000 +9.7%
2015	--	$155,000
2014	--	$155,000 +3.3%
2013	--	$150,000
2012	--	$150,000 +11.1%
2011	--	$135,000
2010	--	$135,000
2009	--	$135,000
2008	--	$135,000 +22.7%
2007	--	$110,000
2006	--	$110,000
2005	--	$110,000 +29.4%
2004	--	$85,000 +13.3%
2003	--	$75,000 +10.3%
2002	--	$68,000
2001	--	$68,000 +9.7%
2000	--	$62,000