42 Penny Ln Ithaca, NY 14850
East Ithaca AreaEstimated payment $1,973/month
Highlights
- Property is near public transit
- Wooded Lot
- Cul-De-Sac
- DeWitt Middle School Rated A-
- Wood Flooring
- Breakfast Bar
About This Home
This 2 bedroom bi-level condo is PERFECT EASY LIVING! Attractive and efficient! The main level features a living/dining combo with flooring and a large bay window. The convenient kitchen is across from the dining area. It has a breakfast bar with granite counters plus newer appliances, as well as a walk-in pantry/laundry. Upstairs are 2 bedrooms with hardwood floors and a full bath. There's abundant parking plus a reserved carport with a storage closet. HOA fees $370/mo. cover water, sewer, garbage, roof, snow removal, exterior maintenance and landscaping plus community laundry facilities. In 2027, the HOA has
planned siding repair and exterior painting for units #27 to #44. #42 is included. It will look fresh and new! Bus stop nearby. Access to miles of private fascinating hiking trails. Bird lovers paradise! A fabulous place to call home! Minutes to Cornell & Ithaca College, supermarket, drug store, banks & restaurants.
Listing Agent
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-279-2550 License #30CH0747719 Listed on: 06/03/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,555
Year Built
- Built in 1983
Lot Details
- 871 Sq Ft Lot
- Lot Dimensions are 18x53
- Cul-De-Sac
- Irregular Lot
- Wooded Lot
HOA Fees
- $370 Monthly HOA Fees
Parking
- 1 Car Garage
- Carport
- Driveway
Home Design
- Block Foundation
- Wood Siding
Interior Spaces
- 864 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Wood Flooring
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Washer
Schools
- Belle Sherman Elementary School
- Dewitt Middle School
- Ithaca Senior High School
Utilities
- Heating Available
- Programmable Thermostat
- Electric Water Heater
- High Speed Internet
Additional Features
- Patio
- Property is near public transit
Community Details
- Commonland Subdivision
Listing and Financial Details
- Assessor Parcel Number 503089-058-001-0001-042-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | -- | $185,000 | $10,250 | $174,750 |
| 2024 | $4,826 | $185,000 | $10,250 | $174,750 |
| 2023 | $5,001 | $175,000 | $10,250 | $164,750 |
| 2022 | $4,898 | $175,000 | $10,250 | $164,750 |
| 2021 | $4,224 | $135,000 | $10,250 | $124,750 |
| 2020 | $4,209 | $135,000 | $10,250 | $124,750 |
| 2019 | $1,970 | $135,000 | $10,250 | $124,750 |
| 2018 | $3,831 | $120,000 | $10,250 | $109,750 |
| 2017 | $3,886 | $120,000 | $4,100 | $115,900 |
| 2016 | $3,905 | $120,000 | $4,100 | $115,900 |
| 2015 | -- | $110,000 | $4,100 | $105,900 |
| 2014 | -- | $110,000 | $4,100 | $105,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/03/2026 06/03/26 | For Sale | $225,000 | +7.1% | $260 / Sq Ft | |
| 08/26/2024 08/26/24 | Sold | $210,000 | 0.0% | $243 / Sq Ft | View Prior Sale |
| 07/12/2024 07/12/24 | For Sale | $210,000 | +28.8% | $243 / Sq Ft | |
| 05/02/2019 05/02/19 | Sold | $163,000 | +5.2% | $189 / Sq Ft | View Prior Sale |
| 04/02/2019 04/02/19 | Pending | -- | -- | -- | |
| 02/19/2019 02/19/19 | For Sale | $155,000 | +15.7% | $179 / Sq Ft | |
| 01/10/2017 01/10/17 | Sold | $134,000 | -3.6% | $155 / Sq Ft | View Prior Sale |
| 12/11/2016 12/11/16 | Pending | -- | -- | -- | |
| 08/31/2016 08/31/16 | For Sale | $139,000 | -- | $161 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $163,000 | -- | |
| Deed | $134,000 | Elizabeth Aldridge | |
| Deed | $134,000 | Aldridge Elizabeth | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $95,000 | Jonathan Albanese | |
| Deed | $43,000 | Masler Mark |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,400 | Purchase Money Mortgage | |
| Closed | $130,400 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $92,000 | Unknown | |
| Previous Owner | $76,000 | Unknown | |
| Previous Owner | $76,000 | Unknown |
Source: Ithaca Board of REALTORS®
MLS Number: R1687334
APN: 503089-058-001-0001-042-000-0000
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Ask me questions while you tour the home.