NOT LISTED FOR SALE

116 Penny Ln Ithaca, NY 14850

Estimated Value: $355,000 - $406,000

2 Beds
1.5 Baths
1,536 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $330,000 $215 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,653/month

27 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Wood Flooring
  • DeWitt Middle School Rated A-
  • Cathedral Ceiling
  • 1 Fireplace

About This Home

As of June 2022

Lovely home and close to everything! Enter the front door into the main level open floor plan, complete with herringbone hardwoods and straight through views overlooking 6 mile creek's hiking trails. Throughout the years, this 1988 home has been lovingly maintained and tastefully updated. New stainless steel kitchen appliances, newer laundry appliances, paved driveway, one car garage, a newer roof, built ins, a wood burning fireplace, a spacious second bedroom, a master bedroom and a walk in closet; if you are looking for hassle free, you have found it. Warmth, character, convenience, and so much more!

Last Agent to Sell the Property

Hannah Beardsley

Warren Real Estate of Ithaca Inc. Brokerage Email: hannah@warrenhomes.com License #10401336358 Listed on: 04/14/2022

Last Buyer's Agent

Jordan Jacobsen

Warren Real Estate of Ithaca Inc. License #10401218032

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,119

Year Built

  • Built in 1988

Lot Details

  • 0.32

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • Cathedral Ceiling
  • 1 Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Belle Sherman Elementary School

Additional Features

  • Energy-Efficient Windows
  • Deck
  • 0.32 Acre Lot
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 503089 58.1-1-116

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,119

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1988
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: hannah@warrenhomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Varies, Vinyl
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 1536.0

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 13939.0
  • Parcel #: 503089 58.1-1-116
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 10, 2022
Sold by
Digges Eugenia T
Bought by
Estad Thomas G
Seller's Agent
Hannah Beardsley
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Jordan Jacobsen
Warren Real Estate of Ithaca Inc.
List Price
$299,900
Sold Price
$330,000
Premium/Discount to List
$30,100
10.04%
Current Estimated Value
$378,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,196
Avg. Annual Appreciation
4.34%
Original Mortgage
$264,000
Outstanding Balance
$251,552
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,644

Purchase Details

Listed on
Jan 30, 2017
Closed on
Mar 24, 2017
Sold by
Parrilla Carlos
Bought by
Digges Eugenia T
Seller's Agent
Lindsay Garner
Linz Real Estate
List Price
$230,000
Sold Price
$243,200
Premium/Discount to List
$13,200
5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Jan 6, 2016
Sold by
Weiss Rhett
Bought by
Parrilla Carlos and Parrilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 23, 2013
Closed on
Sep 17, 2013
Sold by
Meola Catherine A
Bought by
Weiss Rhett L
Seller's Agent
Steven Saggese
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Lindsay Garner
Linz Real Estate
List Price
$169,900
Sold Price
$165,750
Premium/Discount to List
-$4,150
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$133,000
Interest Rate
4.42%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 28, 2001
Sold by
Cox Mary Catherine
Bought by
Meola Catherine A

Purchase Details

Closed on
Aug 31, 2000
Sold by
Long Judith
Bought by
Cox Mary Catherine
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
Estad Thomas G $330,000 None Available
Digges Eugenia T $243,200 Albanese Jon
Parrilla Carlos $192,500 Allen Joseph
Weiss Rhett L $166,250 Wheeler Mark
Meola Catherine A $105,000 Meola Rudolph J
Cox Mary Catherine $105,000 Silverstein Karen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estad Thomas G $264,000
Previous Owner Parrilla Carlos $150,000
Previous Owner Weiss Rhett L $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $330,000 +10.0% $215 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $299,900 +23.3% $195 / Sq Ft
03/24/2017 03/24/17 Sold $243,200 +5.7% $158 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $230,000 +38.8% $150 / Sq Ft
09/20/2013 09/20/13 Sold $165,750 -2.4% $108 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $169,900 -- $111 / 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 $7,119 $285,000 $41,250 $243,750
2023 $7,119 $255,000 $41,250 $213,750
2022 $7,503 $255,000 $41,250 $213,750
2021 $7,250 $240,000 $41,250 $198,750
2020 $7,539 $240,000 $41,250 $198,750
2019 $3,558 $240,000 $41,250 $198,750
2018 $5,918 $190,000 $41,250 $148,750
2017 $6,033 $190,000 $27,500 $162,500
2016 $6,072 $190,000 $27,500 $162,500
2015 -- $170,000 $27,500 $142,500
2014 -- $170,000 $27,500 $142,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406422

APN: 503089-058-001-0001-116-000-0000