NOT LISTED FOR SALE

102 Penny Ln Ithaca, NY 14850

Estimated Value: $325,000 - $395,000

2 Beds
2 Baths
1,536 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $367,500 $239 Per Sq Ft

Current estimated payment $2,566/month

36 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Main Floor Bedroom
  • DeWitt Middle School Rated A-
  • Cathedral Ceiling
  • Formal Dining Room

About This Home

As of June 2024

Fantastic contemporary located in the Commonland Community with no HOA fees. This great property is just minutes from Cornell campus, Ithaca and bordering endless hiking trails in the Six Mile Creek right outside your front door. Versatile open floor plan with great wall of windows to let the nature in. Main level has master bedroom with updated full bath, brand new kitchen with stainless appliances, open living room dining area, all new floors, paint, and window treatments. Lower level has new floors, paint, large bedroom, family room, laundry, and updated bath. Large yard with garden potential and brand new deck. Check documents for complete list of updates. Near the bus route. Any offers should be submitted by 2/19 at noon.

Last Agent to Sell the Property

Hallie Magden

Howard Hanna S Tier Inc Brokerage Phone: 607-227-2139 License #30MA0946188 Listed on: 02/14/2024

Howard Hanna S Tier Inc

Last Buyer's Agent

Melissa Shames

Howard Hanna S Tier Inc License #10401258536

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,353

Year Built

  • Built in 1987

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 36x312
  • Cul-De-Sac

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Family Room
  • Formal Dining Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Schools

  • Belle Sherman Elementary School
  • Dewitt Middle School
  • Ithaca Senior High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Commonland Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 503089-058-001-0001-102-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,353

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 36X312
  • Road Frontage Type: City Street
  • Subdivision Name: Commonland
  • Directions: From Ithaca head east on E. State St. Turn right onto Lois Lane. Turn right onto Penny Lane.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1987
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 607-227-2139
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Laminate, Varies, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Separate/Formal Living Room, Living/Dining Room, Sliding Glass Door(s), Window Treatments, Bedroom on Main Level
  • Living Area: 1536.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Dining Room Type: Bedroom, Laundry, Living Room, Family Room
  • Stories: 2
  • Window Features: Drapes

Exterior Features

  • Lot Features: Adjacent To Public Land, Cul-De-Sac, Residential Lot
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Blacktop Driveway, Deck
  • Patio And Porch Features: Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Lot Size Sq Ft: 11326.0
  • Parcel #: 503089-058-001-0001-102-000-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6353.0
  • Tax Lot: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Jun 17, 2024
Sold by
Azbell Marci K and Azbell Jay E
Bought by
Perlus Jessamyn
Seller's Agent
Hallie Magden
Howard Hanna S Tier Inc
Buyer's Agent
Melissa Shames
Howard Hanna S Tier Inc
List Price
$349,000
Sold Price
$367,500
Premium/Discount to List
$18,500
5.3%
Views
3
Current Estimated Value
$368,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611
Avg. Annual Appreciation
0.14%
Original Mortgage
$346,750
Outstanding Balance
$343,082
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$25,029

Purchase Details

Closed on
Mar 24, 2011
Sold by
Mordue Thomas Alan
Bought by
Collinsworth Matthew David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 1997
Sold by
Fulford Mark D
Bought by
Mordue Thoams A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perlus Jessamyn $367,500 None Available
Collinsworth Matthew David $160,000 Don R Crittenden
Collinsworth Matthew David $160,000 Don R Crittenden
Mordue Thoams A $75,000 --
Mordue Thoams A $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perlus Jessamyn $346,750
Previous Owner Kemp-Azbell Marci $74,000
Previous Owner Collinsworth Matthew D $151,972
Previous Owner Collinsworth Matthew David $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $367,500 +5.3% $239 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $349,000 +53.7% $227 / Sq Ft
06/13/2019 06/13/19 Sold $227,000 -1.3% $162 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $229,900 -- $164 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,722 $325,000 $38,100 $286,900
2023 $6,722 $240,000 $38,100 $201,900
2022 $6,831 $240,000 $38,100 $201,900
2021 $6,242 $205,000 $38,100 $166,900
2020 $5,997 $205,000 $38,100 $166,900
2019 $2,596 $185,000 $38,100 $146,900
2018 $5,251 $185,000 $38,100 $146,900
2017 $5,882 $185,000 $25,400 $159,600
2016 $5,530 $185,000 $25,400 $159,600
2015 -- $175,000 $25,400 $149,600
2014 -- $175,000 $25,400 $149,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1520957

APN: 503089-058-001-0001-102-000-0000