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.
Active
$269,900
7 Penny Ln, Ithaca, NY 14850
2beds
1,152sqft
Townhouse, Condominium
Built in 1985
-- sqft lot
$-- Zestimate®
$234/sqft
$370/mo HOA
What's special
- 28 days |
- 909 |
- 35 |
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#: R1688040
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsLoading...
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: $234/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
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $269,900+14.9%$234/sqft |
Source:  NYSAMLSs #R1688040 Report a problem | ||
| 7/18/2012 | Sold | $235,000+95.8%$204/sqft |
Source: Agent Provided Report a problem | ||
| 8/16/2005 | Sold | $120,000+110.5%$104/sqft |
Source: Public Record Report a problem | ||
| 7/19/2002 | Sold | $57,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East Ithaca
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
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
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