NOT LISTED FOR SALE

113 Penny Ln Ithaca, NY 14850

Estimated Value: $431,000 - $501,424

3 Beds
2.5 Baths
2,356 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: September 5, 2024

Last sale price $480,000 $204 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,297 / mo

16 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • 2 Fireplaces
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of September 2024

Available January 1, 2026 for a 6 month lease with the option to renew July 1, 2026 through June 30, 2027. Please contact the owner to schedule a tour that suits your schedule and the current tenants.

Located in the heart of Ithaca's Commonland community on a quiet cul-de-sac, this lovely home is minutes from Cornell University, Ithaca College, and downtown dining and shopping. Hiking, skiing, and swimming are as close as your backyard with the Mulholland Wildflower Preserve and Six Mile Creek right outside your door. In the summer you can hike through raspberry fields to go swimming at Second Dam and Potter's Falls, the best swimming hole in Ithaca. In the winter you can put on your skis and slide right out the door.

This home has a gorgeous front patio and single car garage; come inside to find a newly remodeled kitchen on your left, flowing into an open-concept dining and living area, perfect for entertaining or gatherings. The second level features two spacious bedrooms with ample closet space and a shared bath. Find a third bedroom and full bath on the lower level. The lower level also offers a well-appointed laundry area, abundant storage with a cedar closet, and a family room with a cozy wood stove. Outdoors, enjoy a fenced-in backyard, a front patio, and a back deck, ideal for relaxation and entertainment. Easy access to public transportation and there are no HOA or condo fees. Your well-behaved dog is welcome to enjoy this family home! No smoking in the home.

Last Agent to Sell the Property

Jill Burlington

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-592-0474 License #30BU0950986 Listed on: 06/10/2024

Last Buyer's Agent

Jacqueline Mei

Howard Hanna S Tier Inc License #10401285353

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,071

Year Built

  • Built in 1988

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 44x210
  • Partially Fenced Property
  • Irregular Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,356 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Attic Fan
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Patio

Schools

  • Belle Sherman Elementary School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 503089-058-001-0001-113-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,071

Year Built

Built in 1988

Lot Details

0.3 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 44X210
  • Road Frontage Type: City Street, Right of Way
  • Directions: From Rt. 79, look for Eastwood Commons sign and turn onto Lois Lane. Make a right onto Penny Lane. Property will be on your left.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Appliances, HVAC
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1988
  • ResoBuildingAreaSource: Plans
  • Attribution Contact: 607-592-0474
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Range Hood
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Amenities: Granite Counters, Pantry
  • Living Area: 2356.0
  • Main Level Bathrooms: 1
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Lot Features: Irregular Lot, Residential Lot
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Deck, Fence, Patio
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Laundry Features: In Basement
  • Cooling: Attic Fan, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Baseboard
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 503089-058-001-0001-113-000-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9071.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2016
Sold by
Russo Linda
Bought by
Linda Russo Trustee
Current Estimated Value
$468,856

Purchase Details

Closed on
Nov 10, 1999
Sold by
Goody Nancy H
Bought by
Russo Linda
Source: Public Records
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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
Linda Russo Trustee -- Hinchcliff John Moss
Russo Linda $121,000 Bruce D Wilson
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2026 01/11/26 Off Market $3,425 -- --
12/10/2025 12/10/25 For Rent $3,425 +0.7% --
09/15/2024 09/15/24 For Rent $3,400 +0.7% --
09/10/2024 09/10/24 Price Changed $3,375 0.0% $1 / Sq Ft
09/05/2024 09/05/24 Sold $480,000 +6.9% $204 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $449,000 -- $191 / Sq Ft
Source: Ithaca Board of REALTORS®

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 $9,267 $370,000 $40,200 $329,800
2023 $8,872 $340,000 $40,200 $299,800
2022 $8,776 $340,000 $40,200 $299,800
2021 $7,473 $265,000 $40,200 $224,800
2020 $7,495 $265,000 $40,200 $224,800
2019 $3,598 $265,000 $40,200 $224,800
2018 $5,698 $200,000 $40,200 $159,800
2017 $5,812 $200,000 $26,800 $173,200
2016 $5,852 $200,000 $26,800 $173,200
2015 -- $200,000 $26,800 $173,200
2014 -- $200,000 $26,800 $173,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1543060

APN: 503089-058-001-0001-113-000-0000

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