NOT LISTED FOR SALE

2 Penny Ln Ithaca, NY 14850

Estimated Value: $225,030 - $242,000

2 Beds
1 Bath
960 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $148,000 $154 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,670/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Baseboard Heating
  • South Hill School Rated A-
  • Patio
  • High Speed Internet

About This Home

As of September 2014

Located in the most desirable area of Commonland known as The Pines. Quiet, private, & abuts Nature Trails and Six Mile Creek. Lovely views of evergreens from the living room picture window. Almost everything is new; completely renovated kitchen and bath, hardwood floors, windows throughout, front patio door, levolor blinds, interior paint, carpet, appliances. HOA fees are $220/month; this includes water, sewer, garbage, snow removal, landscaping, and roof and exterior maintenance. On T-CAT Bus Route. Bike to Cornell and downtown Ithaca.

Last Agent to Sell the Property

Jolene Rightmyer-Macolini

Berkshire Hathaway HomeServices Heritage Realty Brokerage Email: Jolene@SellsYourProperty.com License #30RI0970594 Listed on: 07/30/2014

Berkshire Hathaway HomeServices Heritage Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 19x53

Home Design

  • 960 Sq Ft Home
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Kitchen

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

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Belle Sherman Elementary School

Utilities

  • Baseboard Heating
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Patio

Community Details

  • Commonland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503089 58.1-1-2

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Lot Size: 19X53
  • Water Body Name: None
  • Subdivision Name: Commonland
  • Directions: Route 79 to Commonland. left on Penny Lane. Proceed all the way to the back. Very Private. No sign on condo. One of only 3 units in The Pines area of development.
  • Architectural Style: Contemporary
  • Efficiency: Windows
  • Year Built: 1984
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: Jolene@SellsYourProperty.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Exhaust Fan, Electric Oven, Electric Range, Refrigerator, Range Hood
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Laminate, Varies
  • Living Area: 960.0

Exterior Features

  • Lot Features: Other, See Remarks
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Patio
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 871.0
  • Parcel #: 503089 58.1-1-2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2014
Closed on
Sep 11, 2014
Sold by
Blitz Robert P
Bought by
Spriggs Martin E
Seller's Agent
Jolene Rightmyer-Macolini
Berkshire Hathaway HomeServices Heritage Realty
List Price
$148,000
Sold Price
$148,000
Current Estimated Value
$237,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,008
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
Jul 23, 2010
Sold by
Doty Diana M
Bought by
Blitz Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
4.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 2003
Sold by
Korenblum Daniel
Bought by
Doty Diana M

Purchase Details

Closed on
Oct 21, 2002
Sold by
Korenblum Boris
Bought by
Korenblum Daniel

Purchase Details

Closed on
Aug 25, 1999
Sold by
Crawford Granville Scott
Bought by
Korenblum Boris

Purchase Details

Closed on
Apr 6, 1994
Sold by
Mantis Nicholas J and Mantis John
Bought by
Carolyn P Crawford Granville
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spriggs Martin E $148,000 Sharon Sulimowicz
Blitz Robert P $108,500 James Fertig
Doty Diana M $65,000 Jonathan Albanese
Korenblum Daniel $40,000 John Breeze
Korenblum Boris $40,000 Stephen Bowman
Carolyn P Crawford Granville $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blitz Robert P $86,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2014 09/11/14 Sold $148,000 0.0% $154 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $148,000 -- $154 / 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 $5,186 $200,000 $11,250 $188,750
2023 $5,134 $180,000 $11,250 $168,750
2022 $5,221 $180,000 $11,250 $168,750
2021 $4,800 $155,000 $11,250 $143,750
2020 $4,792 $155,000 $11,250 $143,750
2019 $2,220 $155,000 $11,250 $143,750
2018 $4,665 $148,000 $11,250 $136,750
2017 $4,745 $148,000 $4,500 $143,500
2016 $4,772 $148,000 $4,500 $143,500
2015 -- $148,000 $4,500 $143,500
2014 -- $110,000 $4,500 $105,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB141638

APN: 503089-058-001-0001-002-000-0000