NOT LISTED FOR SALE

28 Penny Ln Ithaca, NY 14850

Estimated Value: $220,000 - $236,253

2 Beds
1 Bath
864 Sq Ft
$267/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $196,000 $227 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,720/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • Home Office
  • Patio
  • DeWitt Middle School Rated A-
  • Cooling Available
  • Shed

About This Home

As of September 2021

Well-cared for one-bedroom townhouse in the Commonland community is move-in-ready and waiting for you! Beautiful picture window in the living room brings in great light and provides gorgeous nature views. Main bedroom has large walk-in closet. The loft area has been enclosed to provide private office or bedroom space. Washer and dryer in unit make for easy living. Trails to Potter's Falls are easily accessible behind the property. TCAT bus stop nearby. Very close to Downtown Ithaca, the Commons, Cornell, and Ithaca College.

Last Agent to Sell the Property

Jordan Jacobsen

Warren Real Estate of Ithaca Inc. Brokerage Email: Jordan@warrenhomes.com License #10401218032 Listed on: 07/30/2021

Last Buyer's Agent

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) License #10301223410

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,531

Year Built

  • Built in 1983

Lot Details

  • 871 Sq Ft Lot

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 864 Sq Ft Home
  • Home Office
  • Finished Basement

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Solar Heating System

Outdoor Features

  • Patio
  • Shed

Schools

  • Belle Sherman Elementary School
  • Dewitt Middle School

Utilities

  • Cooling Available
  • Baseboard Heating
  • High Speed Internet

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 503089 58.1-1-28

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,531

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Subdivision Name: Commonland
  • Directions: E State St/MLK/79 E to Commonland, left on Lois Lane, left on Penny Lane. Please park either in spot 28 or on side of the road.
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Efficiency: Windows
  • Year Built: 1983
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: Jordan@warrenhomes.com
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Refrigerator, Range Hood, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Laminate, Varies
  • Interior Amenities: Home Office
  • Living Area: 864.0
  • Dining Room Type: Office

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Other, See Remarks
  • Cooling Y N: Yes
  • Heating: Electric, Other, Solar, See Remarks, Baseboard
  • Heating Yn: Yes
  • Utilities: High Speed Internet Available, Sewer Available, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Association Fee: 260.0
  • 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 58.1-1-28
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 10, 2021
Sold by
Kuhn Michael B
Bought by
Rushing Conrad A and Forester Katherine L
Seller's Agent
Jordan Jacobsen
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$175,000
Sold Price
$196,000
Premium/Discount to List
$21,000
12%
Current Estimated Value
$231,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,063
Avg. Annual Appreciation
4.25%

Purchase Details

Listed on
Aug 1, 2016
Closed on
Dec 6, 2016
Sold by
Pochodylo Amy Louise
Bought by
Kuhn Michael B
Seller's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$139,000
Sold Price
$132,000
Premium/Discount to List
-$7,000
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%

Purchase Details

Listed on
Nov 9, 2015
Closed on
Feb 12, 2016
Sold by
Dietrich Dianne M
Bought by
Pochodylo Amy L and Uebler
Seller's Agent
Ellen Morris-Knower
Howard Hanna S Tier Inc
Buyer's Agent
Jill Rosentel
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$138,000
Sold Price
$134,000
Premium/Discount to List
-$4,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.82%
Original Mortgage
$107,200
Interest Rate
3%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 2009
Sold by
Clark Andrew G
Bought by
Dietrich Dianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,864
Interest Rate
5.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 2002
Sold by
Little G Daniel
Bought by
Clark Andrew G
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
Rushing Conrad A $196,000 None Available
Kuhn Michael B $132,000 Crittendon Don
Pochodylo Amy L $134,000 Sulimowicz Sharon
Dietrich Dianne M $102,500 Don Crittenden
Clark Andrew G $43,000 Ralph Nash
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pochodylo Amy L $107,200
Previous Owner Dietrich Dianne $93,864
Previous Owner Dietrich Dianne M $93,864
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $196,000 +12.0% $227 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $175,000 +32.6% $203 / Sq Ft
12/06/2016 12/06/16 Sold $132,000 -5.0% $153 / Sq Ft
11/06/2016 11/06/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $139,000 +3.7% $161 / Sq Ft
02/12/2016 02/12/16 Sold $134,000 -2.9% $155 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $138,000 -- $160 / 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 $5,531 $200,000 $10,250 $189,750
2023 $5,531 $195,000 $10,250 $184,750
2022 $5,174 $195,000 $10,250 $184,750
2021 $4,080 $130,000 $10,250 $119,750
2020 $4,064 $130,000 $10,250 $119,750
2019 $1,907 $130,000 $10,250 $119,750
2018 $3,682 $115,000 $10,250 $104,750
2017 $3,733 $115,000 $4,100 $110,900
2016 $3,750 $115,000 $4,100 $110,900
2015 -- $105,000 $4,100 $100,900
2014 -- $105,000 $4,100 $100,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB405056

APN: 503089-058-001-0001-028-000-0000