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  • $295,000

    88 Penny Ln, Ithaca, NY 14850

    1beds
    1,050sqft
    Single Family Residence
    Built in 1986
    1,742.4 Square Feet Lot
    $296,600 Zestimate®
    $281/sqft
    $1,718 Estimated rent

    Home value

    $296,600

    $249,000 - $353,000

    $1,718/mo

    Zestimate® history
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    What's special

    Fully renovated first floorSoft padded stairsFresh carpetingUpdated fixturesNew flooringNew appliancesNew granite countertops
    A beautifully updated, low-maintenance townhome designed to make everyday living effortless. Unit 88 is perfectly positioned with direct access to Six Mile Creek, as well as offering miles of connected trails right outside your door. Enjoy a peaceful, nature-filled lifestyle while remaining close to everything Ithaca has to offer. Step inside to a fully renovated first floor featuring new appliances, new flooring, new lighting, and efficient mini-splits for year-round comfort. The main level is further enhanced with new granite countertops and updated fixtures. Upstairs, you’ll find soft padded stairs, fresh carpeting, a spacious bedroom with a walk-in closet, and a versatile loft area ideal for an office, reading nook, yoga/meditation space, or hobby room. Outdoor living is a highlight, with east- and west-facing decks perfect for enjoying both sunrises and sunsets. A dedicated carport adds everyday convenience and protection from the elements and is available for a fee. The location is exceptional: just 5 minutes to Cornell via Pine Tree Road, 10 minutes to Downtown Ithaca, and TCAT bus service is available right at the entrance off Route 79, making commuting simple and reliable.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa B Shames 607-227-5323,

    Howard Hanna S Tier Inc

    Bought with:

    Trisha Shore, 10401342975

    Howard Hanna S Tier Inc

    Source: NYSAMLSs,MLS#: R1649204MLS LogoOriginating MLS: Ithaca Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Level: Second
    • Dimensions: 10.00 x 14.00
    Dining room
    • Level: First
    • Dimensions: 8.00 x 9.00
    Kitchen
    • Level: First
    • Dimensions: 8.00 x 10.00
    Living room
    • Level: First
    • Dimensions: 12.00 x 22.00
    Other
    • Level: Second
    • Dimensions: 10.00 x 22.00
    Heating
    • Ductless, Electric, Baseboard
    Cooling
    • Ductless
    Appliances
    • Included: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Refrigerator, Washer
    Features
    • Granite Counters, Home Office, Living/Dining Room
    • Flooring: Carpet, Ceramic Tile, Hardwood, Tile, Varies
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,050
    • Total interior livable area: 1,050 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Garage spaces: 1
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Open, Porch
    • Exterior features: Blacktop Driveway, Deck
    Lot
    • Size: 1,742 sqft
    • Dimensions: 25 x 65
    • Features: Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 50308905800100010880000000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1986

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Ithaca

    HOA & financial

    HOA
    • HOA fee: $370 monthly

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    3/17/2026Sold$295,000-4.8%$281/sqft
    Source: NYSAMLSs #R1649204 Report a problem
    2/11/2026Pending sale$310,000$295/sqft
    Source: NYSAMLSs #R1649204 Report a problem
    1/28/2026Contingent$310,000$295/sqft
    Source: NYSAMLSs #R1649204 Report a problem
    11/13/2025Listed for sale$310,000+44.9%$295/sqft
    Source: NYSAMLSs #R1649204 Report a problem
    1/21/2022Sold$214,000-4.9%$204/sqft
    Source: NYSAMLSs #IB405621 Report a problem
    12/28/2021Pending sale$225,000$214/sqft
    Source: ITMLS #405621 Report a problem
    12/13/2021Contingent$225,000$214/sqft
    Source: ITMLS #405621 Report a problem
    11/1/2021Listed for sale$225,000+60.7%$214/sqft
    Source: ITMLS #405621 Report a problem
    5/1/2014Sold$140,000-5.4%$133/sqft
    Source: NYSAMLSs #IB140157 Report a problem
    2/15/2014Pending sale$148,000$141/sqft
    Source: RE/MAX In Motion #140157 Report a problem
    2/15/2014Listed for sale$148,000+69.1%$141/sqft
    Source: RE/MAX In Motion #140157 Report a problem
    6/17/2003Sold$87,500+40.8%$83/sqft
    Source: Public Record Report a problem
    8/17/1994Sold$62,125$59/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 +25%
    2021-- $160,000
    2020-- $160,000
    2019-- $160,000 +14.3%
    2018-- $140,000
    2017$4,555 $140,000
    2016-- $140,000
    2015-- $140,000
    2014-- $140,000 +7.7%
    2013-- $130,000
    2012-- $130,000
    2011-- $130,000
    2010-- $130,000 +8.3%
    2009-- $120,000
    2008-- $120,000 +33.3%
    2007-- $90,000
    2006-- $90,000
    2005-- $90,000
    2004-- $90,000 +20%
    2003-- $75,000 +50%
    2002-- $50,000 +4.2%
    2001-- $48,000
    2000-- $48,000

    Find assessor info on the county website

    Neighborhood: East Ithaca

    Nearby schools

    GreatSchools rating
    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.