NOT LISTED FOR SALE

112 Penny Ln Ithaca, NY 14850

Estimated Value: $345,000 - $505,460

3 Beds
2.5 Baths
2,204 Sq Ft
$204/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $452,000 $205 Per Sq Ft

Current estimated payment $3,228/month

30 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • 1 Fireplace
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of April 2024

OFFER DEADLINE Monday February 19 by 3 pm. Lovely free standing 3 bedroom, 2 1/2 bath townhome in the popular Commonland Community, Belle Sherman Elementary. A wall of windows in the living/dining area lead out to the deck and private backyard with lots of extras. Three story living provides privacy and separation for households looking for options. Backyard has access to the Six Mile Creek hiking trail, a great way to cool off in the warmer???????????????????????????????????????? months!

Last Agent to Sell the Property

Susan Sherman Broyles

Listing by Yaman Real Estate Brokerage Phone: 607.753.9644 License #10301222882 Listed on: 02/16/2024

Last Buyer's Agent

Garrett Venuto

Listing by Warren Real Estate of Ithaca Inc. License #10401360100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,399

Year Built

  • Built in 1988

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 85x177
  • Rectangular Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2,204 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Sliding Doors
  • Formal Dining Room
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Oven
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 503089-058-001-0001-112-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,399

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1988
  • Attribution Contact: 607.753.9644
  • ResoLaundryFeatures: In Basement
  • Lot Features: Other, Near Public Transit, Rectangular, Residential Lot, See Remarks
  • Road Frontage Type: City Street
  • Directions: From Slaterville Road turn on to Lois Lane, turn right on Penny Lane.
  • Architectural Style: Other
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Separate/Formal Dining Room, Sliding Glass Door(s)
  • Efficiency: Appliances, Windows
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Free-Standing Range, Gas Water Heater, Microwave, Oven, Refrigerator, Range Hood, Washer
  • Basement: Egress Windows, Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Total Bedrooms: 8
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Blacktop Driveway, Deck
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Zoned
  • Heating: Electric, Gas, Zoned, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Ithaca

Lot Info

  • Parcel Number: 503089-058-001-0001-112-000-0000
  • Lot Dimensions: 85X177
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9399.0
  • Tax Lot: 112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 11, 2024
Sold by
Mariani Joseph and Strickler Susan R
Bought by
Dahl Audun and Aaberg Inger
Seller's Agent
Susan Sherman Broyles
Yaman Real Estate
Buyer's Agent
Garrett Venuto
Warren Real Estate of Ithaca Inc.
List Price
$429,000
Sold Price
$452,000
Premium/Discount to List
$23,000
5.36%
Views
87
Current Estimated Value
$450,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,385
Avg. Annual Appreciation
-0.22%
Original Mortgage
$352,000
Outstanding Balance
$346,686
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,929

Purchase Details

Listed on
Feb 18, 2014
Closed on
May 29, 2014
Sold by
Schlunegger Ueli and Kelly B.
Bought by
Mariani Joseph
Seller's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
List Price
$274,000
Sold Price
$268,000
Premium/Discount to List
-$6,000
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$214,400
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2010
Sold by
Schlunegger Ueli
Bought by
Schlunegger Ueli

Purchase Details

Closed on
Apr 26, 2010
Sold by
Baker Patrick D & As Tr
Bought by
Schlunegger Ueli

Purchase Details

Closed on
Aug 20, 1998
Sold by
Deming Robert C
Bought by
June 20 1985 Trust Baker Patrick D & Marleeda
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dahl Audun $452,000 None Available
Mariani Joseph $268,000 Randall B. Marcus
Schlunegger Ueli -- Katrina Thaler Medeiros
Schlunegger Ueli $200,000 Katrina Thaler-Medeiros
June 20 1985 Trust Baker Patrick D & Marleeda $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dahl Audun $352,000
Previous Owner Strickler Susan R $51,272
Previous Owner Mariani Joseph $214,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $452,000 +5.4% $205 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $429,000 +60.1% $195 / Sq Ft
05/30/2014 05/30/14 Sold $268,000 -2.2% $122 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $274,000 -- $124 / Sq Ft
Source: Cortland County 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 $9,269 $385,000 $33,000 $352,000
2023 $9,269 $355,000 $33,000 $322,000
2022 $9,168 $355,000 $33,000 $322,000
2021 $7,905 $280,000 $33,000 $247,000
2020 $7,932 $280,000 $33,000 $247,000
2019 $3,785 $280,000 $33,000 $247,000
2018 $7,636 $265,000 $33,000 $232,000
2017 $7,806 $265,000 $22,000 $243,000
2016 $7,864 $265,000 $22,000 $243,000
2015 -- $265,000 $22,000 $243,000
2014 -- $200,000 $22,000 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1521510

Cortland County Board of REALTORS®

APN: 503089-058-001-0001-112-000-0000