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Active
    • Price cut: $5K (8/4)
    $264,900

    7 Penny Ln, Ithaca, NY 14850

    2beds
    1,152sqft
    Townhouse, Condominium
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $230/sqft
    $370/mo HOA

    What's special

    Added natural lightExtra privacyCovered parkingPremium end unitPrivate carportQuieter living experience
    Welcome to easy, convenient living in this charming townhouse located in the highly desirable Commonland community of Ithaca. Unbeatable location and lifestyle. Nature at your doorstep: just steps away from access to scenic Six Mile Creek. Enjoy acres of surrounding nature, waterfalls, and pristine hiking trails right outside your neighborhood. Unbeatable proximity to Cornell University, Ithaca College, and downtown Ithaca. Move effortlessly around with quick access to NYS Route 79 and nearby TCAT bus line. Whether you are a professional looking for a short commute, a first time homebuyer, or someone wanting to downsize into a low maintenance property, 7 Penny Lane delivers an ideal Ithaca lifestyle. Featuring a Premium End Unit: Enjoy extra privacy, added natural light, and a quieter living experience. With a view of the woods right outside your new Anderson windows. Covered Parking: Keep your vehicle protected from the elements in your private carport. With Nature at Your Doorstep steps away from scenic acres of surrounding nature, waterfalls, and pristine hiking trails right outside your neighborhood. Located at the end of the complex, off the main road, Includes energy efficient, propane heating stove that is grandfathered in. Updated kitchen with granite countertops, and in unit laundry conveniently placed upstairs
    78 days
    |
    579
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Warren Real Estate of Ithaca Inc. (Downtown) 607-257-0666,

    David Wahl 607-227-3132

    Source: NYSAMLSs,MLS#: R1688040MLS LogoOriginating MLS: Ithaca Board of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom 1
      • Level: Second
      • Dimensions: 10.00 x 13.00
      Bedroom 2
      • Level: Second
      • Dimensions: 11.00 x 10.00
      Kitchen
      • Dimensions: 13.00 x 7.00
      Laundry
      • Dimensions: 22.00 x 13.00
      Heating
      • Propane, Zoned, Baseboard, Electric
      Cooling
      • Zoned, Wall Unit(s)
      Appliances
      • Included: Dryer, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Microwave, Range Hood, Washer
      • Laundry: Upper Level
      Features
      • Breakfast Bar, Ceiling Fan(s), Granite Counters, Kitchen/Family Room Combo, Living/Dining Room, Pantry, Natural Woodwork, Air Filtration
      • Flooring: Carpet, Laminate, Varies
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,152
      • Total interior livable area: 1,152 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Carport, Two Spaces
      • Garage spaces: 1
      • Has carport: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      • Exterior features: Patio, Propane Tank - Leased
      Lot
      • Size: 1,306 Square Feet
      • Dimensions: 27 x 53
      • Features: Corner Lot, Rectangular, Rectangular Lot
      Details
      • Parcel number: 50308905800100010070000000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Townhouse, Condominium
      Materials
      • Wood Siding
      • Foundation: Slab
      • 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

      HOA
      • Services included: Common Area Maintenance, Trash
      • HOA fee: $370 monthly
      • HOA name: Ccra, Inc.
      • HOA phone: 607-351-1596
      Location
      • Region: Ithaca

      Financial & listing details

      • Price per square foot: $230/sqft
      • Tax assessed value: $236,842
      • Annual tax amount: $5,485
      • Date on market: 6/5/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/4/2026Price change$264,900-1.9%$230/sqft
        Source: NYSAMLSs #R1688040 Report a problem
        6/5/2026Listed for sale$269,900+14.9%$234/sqft
        Source: NYSAMLSs #R1688040 Report a problem
        7/18/2012Sold$235,000+95.8%$204/sqft
        Source: Agent Provided Report a problem
        8/16/2005Sold$120,000+110.5%$104/sqft
        Source: Public Record Report a problem
        7/19/2002Sold$57,000$49/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $225,000
        2024-- $225,000 +12.5%
        2023-- $200,000
        2022-- $200,000 +21.2%
        2021-- $165,000
        2020-- $165,000
        2019-- $165,000 +17.9%
        2018-- $140,000
        2017$3,889 $140,000
        2016-- $140,000 +7.7%
        2015-- $130,000
        2014-- $130,000
        2013-- $130,000
        2012-- $130,000
        2011-- $130,000
        2010-- $130,000
        2009-- $130,000 +8.3%
        2008-- $120,000 +13.2%
        2007-- $106,000 +17.8%
        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

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: East Ithaca

        Getting around

        1 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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