NOT LISTED FOR SALE

16 Penny Ln Ithaca, NY 14850

Estimated Value: $247,000 - $279,000

2 Beds
1 Bath
1,152 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $220,000 $191 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,851/month

43 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Car Detached Garage
  • Entrance Foyer
  • South Hill School Rated A-
  • Patio
  • Shed

About This Home

As of June 2022

Lovely end-unit condo/townhouse in Commonland Community, just minutes to Cornell University and downtown Ithaca. Split-level design with large living room in the lower level with big picture window & breakfast bar area. Kitchen has new LVT floor, newer stainless fridge; also featuring Corian counters and on-site laundry. Newer lighting fixtures too. Upstairs there are 2 nice-sized bedrooms including primary bedroom w/walk-in closet. Bathroom has solid surface counters and low-flow toilet. AC provided by a mini split. Nice views/setting in this Mares Nest section. Enjoy recreational activities on nearby Six Mile Creek nature preserve. Community ballfield, conference & BBQ area overlooking pond. HOA monthly fees cover exterior maintenance, mowing/plowing, garbage service, cold water, sewer. Easy access to TCAT buslines to Cornell/downtown. Also close access to East Ithaca Recreation Way that goes to Collegetown/CU campus. Carefree living in vibrant Ithaca NY, heart of the Finger Lakes!

Last Agent to Sell the Property

Christine DelVecchio

Warren Real Estate of Ithaca Inc. Brokerage Email: cj@cjhomes.com License #30DE0840160 Listed on: 04/04/2022

Last Buyer's Agent

Margaret Hobbie

Howard Hanna S Tier Inc License #30HO0827100

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,207

Year Built

  • Built in 1983

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 26x53
  • Partially Fenced Property

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Shed

Schools

  • Belle Sherman Elementary School
  • Boynton Middle School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • High Speed Internet

Community Details

  • Association fees include common area insurance, sewer, snow removal, trash, water
  • Commonland Community Subdivision

Listing and Financial Details

  • Assessor Parcel Number 58.1-1-16

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,207

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Lot Size: 26X53
  • Subdivision Name: Commonland Community
  • Directions: Commonland Community is off Slaterville Road/Route 79E. As you enter the community, turn left at Penny Lane/Lois Lane intersection. Look for signs for #16...it's the lower parking area. Please don't park in others designated spots (us
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1983
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: cj@cjhomes.com
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Refrigerator, Range Hood, See Remarks, Washer
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Varies, Vinyl
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer
  • Living Area: 1152.0
  • Dining Room Type: Entry/Foyer

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Fence, Patio
  • Foundation Details: Block
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached, Garage, One Space

Utilities

  • Heating: Ductless, Electric, Baseboard
  • Heating Yn: Yes
  • Utilities: High Speed Internet Available, Sewer Available, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Association Fee: 270.0
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Area Insurance, Sewer, Snow Removal, Trash, Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 1307.0
  • Parcel #: 58.1-1-16
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5207.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jun 16, 2022
Sold by
Ahern Jacqueline R and Ahern Andrew M
Bought by
Bordonaro Garry J
Seller's Agent
Christine DelVecchio
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Margaret Hobbie
Howard Hanna S Tier Inc
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$261,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,285
Avg. Annual Appreciation
4.17%
Original Mortgage
$176,000
Outstanding Balance
$167,911
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,631

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jun 15, 2016
Sold by
Boettcher Bonna
Bought by
Ahern Jacqueline
Seller's Agent
Karen Small
Howard Hanna S Tier Inc
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$135,000
Interest Rate
3.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 4, 2006
Sold by
Pietrasz Tommy D
Bought by
Boettcher Bonna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 2002
Sold by
Lim Lucy
Bought by
Pietrasz Tommy D

Purchase Details

Closed on
Jun 4, 1999
Sold by
Updike Roger
Bought by
Lim Lucy
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
Bordonaro Garry J $220,000 None Available
Ahern Jacqueline $150,000 Albanese Jonathan
Boettcher Bonna J $120,000 Randall Marcus
Pietrasz Tommy D $62,000 David Tyler
Lim Lucy $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bordonaro Garry J $176,000
Previous Owner Ahern Jacqueline $135,000
Previous Owner Boettcher Bonna J $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $220,000 0.0% $191 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $220,000 +46.7% $191 / Sq Ft
06/14/2016 06/14/16 Sold $150,000 -3.2% $130 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $154,900 -- $134 / 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 $5,663 $225,000 $14,750 $210,250
2023 $5,663 $200,000 $14,750 $185,250
2022 $5,221 $180,000 $14,750 $165,250
2021 $4,800 $155,000 $14,750 $140,250
2020 $4,792 $155,000 $14,750 $140,250
2019 $2,220 $155,000 $14,750 $140,250
2018 $4,427 $140,000 $14,750 $125,250
2017 $4,499 $140,000 $5,900 $134,100
2016 $3,994 $140,000 $5,900 $134,100
2015 -- $130,000 $5,900 $124,100
2014 -- $130,000 $5,900 $124,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christine DelVecchio

    Warren Real Estate of Ithaca Inc.

    Section Image

  • M

    Buyer's Agent in 2022

    Margaret Hobbie

    Howard Hanna S Tier Inc

    (607) 279-4214

    2 in this area

    40 Total Sales

    Margaret Hobbie
    Section Image

  • K

    Seller's Agent in 2016

    Karen Small

    Howard Hanna S Tier Inc

    (607) 229-6487

    2 in this area

    47 Total Sales

    Karen Small
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB405985

APN: 503089-058-001-0001-016-000-0000

New York Tompkins County Ithaca 14850

16 Penny Ln, Ithaca, NY

This home is located at 16 Penny Ln, Ithaca, NY 14850 since 04 April 2022 and is currently estimated at $261,285, approximately $226 per square foot. This property was built in 1983. 16 Penny Ln is a home located in Tompkins County with nearby schools including South Hill School, Boynton Middle School, and Ithaca Senior High School.

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