NOT LISTED FOR SALE

36 Penny Ln Ithaca, NY 14850

Estimated Value: $229,999 - $279,000

2 Beds
1 Bath
864 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $225,000 $260 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,039/month

2 Days on Market

Highlights

  • Combination Kitchen and Living
  • Private Yard
  • Cul-De-Sac
  • DeWitt Middle School Rated A-
  • Walk-In Pantry
  • Patio

About This Home

As of December 2023

Beautifully updated 2 bedroom, 1 bathroom condo boasts a modern and stylish living space. The kitchen has been fully renovated with newer cabinets, countertops, and stainless steel appliances, creating a sleek & functional cooking area, which is open to the bright and spacious living/dining area. The bathroom has also been completely remodeled with tiled shower surround & floors, showcasing a contemporary design. The condo features laminate flooring throughout, giving it a clean and polished look. Enjoy relaxing on your own private patio, perfect for outdoor entertaining or enjoying your morning coffee. The condo been meticulously maintained and is in excellent condition. With its convenient location and numerous updates, this condo is a wonderful choice for those seeking a move-in ready home. HOA fees ($285/month) cover landscaping, snow removal, roof and exterior maintenance, garbage, parking, and water and sewer. Learn more about the community at commonlandithaca.org.

Last Agent to Sell the Property

Melissa Skodzinsky

Listing by Berkshire Hathaway HomeServices Heritage Realty License #30SK0987831 Listed on: 09/05/2023

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Kristopher Buchan

Listing by Tompkins Cortland Real Estate License #10371200368

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,771

Year Built

  • Built in 1983

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 53 x 18
  • Cul-De-Sac
  • Private Yard

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Living

Kitchen

  • Walk-In Pantry
  • Electric Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Patio

Schools

  • Belle Sherman Elementary School

Utilities

  • Heat Pump System
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Commonland Community
  • Commonland Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 503089-058-001-0001-036-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,771

Year Built

Built in 1983

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • NY Swis Code: Ithaca-Town-503089
  • Total Assessed Value: 175000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 53
  • Lot Dimension Front: 18
  • Lot Information: Cul De Sac
  • Lot Number: 36
  • Nearest Cross Street: Route 79
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 11250000.00
  • Ratio Close Price By Sq Ft: 260.42
  • Ratio List Price By Acres: 10745000.00
  • Ratio List Price By Sq Ft: 248.73
  • Regional Board Code: Syracuse
  • Roof Description: Asphalt
  • School Tax: 2947
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 40
  • Year Built: 1983
  • Directions To Property: Route 79 to Lois Ln, Left on Penny Ln, Right into first driveway/parking area.
  • Subdivision Comm Complex: Commonland
  • Attribution Contact: 607-227-2863
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-1st Floor
  • Basement Description: Slab
  • Floor Description: Ceramic-Some, Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer
  • Kitchen Dining Description: Kitchen/Family Room Combo, Walk-In Pantry
  • Number of Bedrooms 2nd Floor: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 4
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 864

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Patio, Private Yard - see Remarks
  • Number of Acres: 0.0200

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard, Heat Pump, Wall Furnace
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Condo/Co-op/Association

  • HOA Fees: 285
  • HOA Payment Frequency: Monthly

Lot Info

  • Parcel Number: 503089-058-001-0001-036-000-0000

Tax Info

  • Total Taxes: 4771

MLS Schools

  • Elementary School Name: Belle Sherman
  • School District Name: Ithaca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2018
Closed on
Jun 12, 2018
Sold by
Langer-Libick Keith A and Langer-Libick Stephanie
Bought by
Sabison Elena B
Buyer's Agent
Melissa Skodzinsky
Berkshire Hathaway HomeServices Heritage Realty
List Price
$149,000
Sold Price
$149,000
Current Estimated Value
$247,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,250
Avg. Annual Appreciation
6.94%
Original Mortgage
$116,800
Outstanding Balance
$101,239
Interest Rate
4.6%
Mortgage Type
Unknown
Estimated Equity
$146,011

Purchase Details

Closed on
Sep 30, 2011
Sold by
Maxwell Deanne
Bought by
Liblick Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 13, 2007
Sold by
Evans William J
Bought by
Maxwell Deanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,700
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2003
Sold by
Deridder Claudia C
Bought by
Eslinger Kellie
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
Sabison Elena B $149,000 --
Liblick Keith A $109,000 Mark Wheeler
Maxwell Deanne $94,450 Henry Oswald
Eslinger Kellie $71,000 Jonathan Albanese
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabison Elena B $116,800
Previous Owner Liblick Keith A $98,000
Previous Owner Maxwell Deanne $94,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2023 12/05/23 Sold $225,000 +4.7% $260 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $214,900 +44.2% $249 / Sq Ft
06/19/2018 06/19/18 Sold $149,000 0.0% $172 / Sq Ft View Prior Sale
05/20/2018 05/20/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $149,000 -- $172 / Sq Ft
Source: Cortland County 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 $5,546 $215,000 $10,250 $204,750
2023 $5,001 $175,000 $10,250 $164,750
2022 $5,077 $175,000 $10,250 $164,750
2021 $4,656 $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 $3,313 $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

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1495475

Cortland County Board of REALTORS®

APN: 503089-058-001-0001-036-000-0000