NOT LISTED FOR SALE

21 Penny Ln Ithaca, NY 14850

Estimated Value: $235,000 - $244,000

2 Beds
1 Bath
864 Sq Ft
$277/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $215,000 $249 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,696/month

44 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • High Speed Internet
  • DeWitt Middle School Rated A-
  • Baseboard Heating
  • Energy-Efficient Windows

About This Home

As of September 2023

Move-in-ready 2 bedroom, 1 bath condo only minutes to Cornell and Downtown Ithaca! Home features updated appliances and hardwood floors. Carefree homeownership with HOA fees covering water, sewer, roof, exterior structural maintenance, parking, garbage, landscaping and snow removal. Town of Ithaca taxes. Convenient to bus stop, hiking, restaurants and all Ithaca has to offer. Learn more about the community at commonlandithaca.org

Last Agent to Sell the Property

Jordan Jacobsen

Warren Real Estate of Ithaca Inc. License #10401218032 Listed on: 06/26/2023

Last Buyer's Agent

Karen Hollands

Howard Hanna S Tier Inc License #10401308223

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 871 Sq Ft Lot
  • Partially Fenced Property

Parking

  • No Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Belle Sherman Elementary School
  • Dewitt Middle School

Utilities

  • Baseboard Heating
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Patio

Community Details

  • Association fees include sewer, snow removal, trash, water
  • Commonland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503089 58.1-1-21

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Subdivision Name: Commonland
  • Directions: Commmonland Community is located on the southwest side of Rt 79, between Pine Tree and Honness Rd. Park along Penny Lane for showings. Please do not block anyone who is parked in a carport or resident parking space.
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1983
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Hardwood, Varies
  • Living Area: 864.0
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Fence, Patio
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 285.0
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Sewer, Snow Removal, Trash, Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 871.0
  • Parcel #: 503089 58.1-1-21
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Sep 8, 2023
Sold by
Acay Cosku
Bought by
Arbitaljacoby Hallie
Seller's Agent
Jordan Jacobsen
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Karen Hollands
Howard Hanna S Tier Inc
List Price
$210,000
Sold Price
$215,000
Premium/Discount to List
$5,000
2.38%
Current Estimated Value
$239,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,282
Avg. Annual Appreciation
4.87%
Original Mortgage
$150,000
Outstanding Balance
$146,819
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$92,463

Purchase Details

Listed on
Jun 4, 2017
Closed on
Jul 14, 2017
Sold by
Lo Hong-Yueh
Bought by
Acay Cosku
Seller's Agent
Claudia Lagalla
Howard Hanna S Tier Inc
List Price
$140,000
Sold Price
$153,000
Premium/Discount to List
$13,000
9.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
May 31, 2011
Sold by
Cranse Pratima
Bought by
Lo Hong-Yueh

Purchase Details

Closed on
Jun 20, 2008
Sold by
Cimini Craig
Bought by
Cranse Pratima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2006
Sold by
Orlati Maria A
Bought by
Cimini Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,650
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2005
Sold by
Carpenter Thomas
Bought by
Orlati Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2003
Sold by
Shalaby Margaret
Bought by
Maier Karen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arbitaljacoby Hallie $215,000 None Available
Acay Cosku $153,000 Don Crittenden
Lo Hong-Yueh $120,000 Kristen Gutenberger
Cranse Pratima $123,000 Davis Parks
Cimini Craig $111,240 Thaler Thaler
Orlati Maria A $76,000 Paul Tavelli
Maier Karen $55,000 Mark Wheeler
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arbitaljacoby Hallie $150,000
Previous Owner Cranse Pratima $113,000
Previous Owner Cimini Craig $105,650
Previous Owner Orlati Maria A $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $215,000 +2.4% $249 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $210,000 +37.3% $243 / Sq Ft
07/14/2017 07/14/17 Sold $153,000 +9.3% $177 / Sq Ft View Prior Sale
06/14/2017 06/14/17 Pending -- -- --
06/04/2017 06/04/17 For Sale $140,000 -- $162 / 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 $5,306 $205,000 $10,250 $194,750
2023 $5,134 $180,000 $10,250 $169,750
2022 $4,646 $180,000 $10,250 $169,750
2021 $4,646 $150,000 $10,250 $139,750
2020 $4,646 $150,000 $10,250 $139,750
2019 $2,158 $150,000 $10,250 $139,750
2018 $3,831 $120,000 $10,250 $109,750
2017 $3,358 $120,000 $4,100 $115,900
2016 $3,375 $120,000 $4,100 $115,900
2015 -- $120,000 $4,100 $115,900
2014 -- $120,000 $4,100 $115,900
Source: Public Records

Agents Affiliated with this Home

  • Jordan Jacobsen

    Seller's Agent in 2023

    Jordan Jacobsen

    Warren Real Estate of Ithaca Inc.

    (607) 339-3206

    12 in this area

    149 Total Sales

    Jordan Jacobsen
    Section Image
  • Karen Hollands

    Buyer's Agent in 2023

    Karen Hollands

    Howard Hanna S Tier Inc

    (607) 351-1823

    6 in this area

    215 Total Sales

    Karen Hollands
    Section Image
  • Claudia Lagalla

    Seller's Agent in 2017

    Claudia Lagalla

    Howard Hanna S Tier Inc

    (607) 342-3749

    15 in this area

    127 Total Sales

    Claudia Lagalla
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB408929

APN: 503089-058-001-0001-021-000-0000

New York Tompkins County Ithaca 14850

21 Penny Ln, Ithaca, NY

Not Listed for Sale

Detached

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