NOT LISTED FOR SALE

43 Penny Ln Ithaca, NY 14850

Estimated Value: $218,000 - $245,000

2 Beds
1 Bath
864 Sq Ft
$269/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $164,000 $190 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,718/month

54 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Patio
  • DeWitt Middle School Rated A-
  • 1 Car Detached Garage
  • Baseboard Heating

About This Home

As of July 2019

Quality renovations from top to bottom, this turnkey 2 bed/1 bath Commonland condo offers convenience, low-maintenance and style! The modern kitchen is a WOW with granite counters, center island, new cabinets, new appliances. Hardwood floors up/tile down. New windows, new stair treads & iron railing. BRAND NEW BATHROOM too! On-site laundry closet off living room, cleverly hidden by sliding barn door! New lighting, plumbing. Unit comes with a carport ($30/year fee), enclosed patio & small garden area. On TCAT busroute 51, easy commute to Cornell. Enjoy access to Six Mile Creek watershed trails.

Last Agent to Sell the Property

Christine DelVecchio

Warren Real Estate of Ithaca Inc. Brokerage Email: cj@cjhomes.com License #30DE0840160 Listed on: 04/25/2019

Last Buyer's Agent

Kelly Skeval

Howard Hanna S Tier Inc License #10401286257

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,398

Year Built

  • Built in 1983

Lot Details

  • 871 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 1 Car Detached Garage
  • Carport
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • 864 Sq Ft Home
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

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 58.1-1-43

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,398

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Water Body Name: None
  • Subdivision Name: COMMONLAND
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1983
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: cj@cjhomes.com
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Common, Carport, Detached, Garage, Shared Driveway

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 58.1-1-43
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
Jul 19, 2019
Sold by
43 Penny Lane Hldg Llc
Bought by
Mendoza Isabel
Seller's Agent
Christine DelVecchio
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Kelly Skeval
Howard Hanna S Tier Inc
List Price
$158,900
Sold Price
$164,000
Premium/Discount to List
$5,100
3.21%
Current Estimated Value
$232,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,768
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Aug 12, 2016
Sold by
Todt Kim
Bought by
43 Penny Lane Holdings L

Purchase Details

Listed on
Nov 4, 2015
Closed on
May 10, 2016
Sold by
Katz Harry
Bought by
Todt Kim
Seller's Agent
Christine DelVecchio
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Christine DelVecchio
Warren Real Estate of Ithaca Inc.
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Jul 7, 2011
Sold by
Edginton Charlotte
Bought by
Katz Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2006
Sold by
Hayes Valerie D
Bought by
Edginton Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 1998
Sold by
Macias-Fernandez Paz
Bought by
Hayes Valerie D and Hayes Alice
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
Mendoza Isabel $164,000 --
43 Penny Lane Holdings L -- Marcus Randall B
Todt Kim $110,000 Marcus Randall
Katz Harry $106,000 Don Crittenden
Edginton Charlotte $89,900 Joseph Allen
Hayes Valerie D $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Katz Harry $76,000
Previous Owner Edginton Charlotte $85,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $164,000 +3.2% $190 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $158,900 +44.5% $184 / Sq Ft
05/10/2016 05/10/16 Sold $110,000 -4.3% $127 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $115,000 -- $133 / 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 $5,398 $200,000 $10,250 $189,750
2023 $5,398 $190,000 $10,250 $179,750
2022 $5,090 $190,000 $10,250 $179,750
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: IB316700

APN: 503089-058-001-0001-043-000-0000