NOT LISTED FOR SALE

46 Penny Ln Ithaca, NY 14850

Estimated Value: $228,000 - $272,000

1 Bed
1 Bath
950 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $213,270 $224 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,745/month

65 Days on Market

Highlights

  • Beach Access
  • Deck
  • Pond
  • DeWitt Middle School Rated A-
  • Contemporary Architecture
  • Partially Wooded Lot

About This Home

As of May 2023

You: a busy individual who has a full plate. This home: a low maintenance, delightful to own, and well appointed townhome on a large common acreage, featuring a beautiful pond, community spaces & garden, and bordering Six Mile Creek with miles of trails connected to the property! Behind the door of unit 46, you'll enjoy new hardwood floors down, in a rich soothing walnut stain; soft padded stairs & new carpet on 2nd floor; a spacious bedroom with walk in closet; a roomy loft like space with great possibilities, used now as an office, library, & meditation space; decks on east and west. There are beautiful distant views to the west.This location is within a 5 minute drive to Cornell via Pine Tree Rd. 10 minutes will have you downtown, and TCAT bus service is conveniently available at the entrance to thepropertyoff of Rt. 79. Public Open House this Saturday 11-1 p.m.https://commonlandithaca.org for further info.

Last Agent to Sell the Property

Linda Santos

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: Santos@WarrenHomes.com License #40SA1150031 Listed on: 01/30/2023

Last Buyer's Agent

Justin Kimball

Howard Hanna S Tier Inc License #10401281717

Howard Hanna S Tier Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,245

Year Built

  • Built in 1985

Lot Details

  • 1,307

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 950 Sq Ft Home
  • Home Office
  • Loft

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Pond
  • Deck

Schools

  • Belle Sherman Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Wall Furnace
  • Baseboard Heating
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Partially Wooded Lot

Community Details

  • Association fees include common area insurance, sewer, snow removal, trash, water
  • Commonland Community Subdivision

Listing and Financial Details

  • Assessor Parcel Number 58.1-1-46

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,245

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Commonland Community
  • Directions: Commonland Community is located on the southwest side of Rt 89 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: Contemporary
  • Garage Yn: No
  • Efficiency: Windows
  • Year Built: 1985
  • ResoBuildingAreaSource: Plans
  • Attribution Contact: Santos@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: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Varies
  • Interior Amenities: Home Office, Loft
  • Living Area: 950.0
  • Dining Room Type: Loft, Office

Exterior Features

  • Lot Features: Wooded, Pond
  • Waterfront Features: Beach Access
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Ductless, Electric, Gas, Baseboard, Wall Furnace
  • 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: Yes

Fee Information

  • Association Fee Includes: Common Area Insurance, Sewer, Snow Removal, Trash, Water

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 58.1-1-46
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5245.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
May 5, 2023
Sold by
Borch Claire A
Bought by
Tabatabaei Fahimeh
Seller's Agent
Linda Santos
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Justin Kimball
Howard Hanna S Tier Inc
List Price
$204,900
Sold Price
$213,270
Premium/Discount to List
$8,370
4.08%
Current Estimated Value
$247,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,135
Avg. Annual Appreciation
5.74%
Original Mortgage
$173,270
Outstanding Balance
$168,478
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$78,927

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jun 1, 2020
Sold by
Rimmerman Craig
Bought by
Borch Claire A
Seller's Agent
Kelly Skeval
Howard Hanna S Tier Inc
Buyer's Agent
Linda Santos
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$149,000
Sold Price
$162,036
Premium/Discount to List
$13,036
8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$102,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1997
Sold by
Perna Vincent and Perna Anne
Bought by
Rimmerman Craig
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
Tabatabaei Fahimeh $213,270 None Available
Borch Claire A $162,036 None Available
Rimmerman Craig $54,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tabatabaei Fahimeh $173,270
Previous Owner Borch Claire A $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $213,270 +4.1% $224 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $204,900 +26.5% $216 / Sq Ft
06/01/2020 06/01/20 Sold $162,036 +8.7% $147 / Sq Ft View Prior Sale
05/02/2020 05/02/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $149,000 -- $135 / 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 $5,426 $210,000 $13,500 $196,500
2023 $5,134 $180,000 $13,500 $166,500
2022 $5,245 $180,000 $13,500 $166,500
2021 $4,858 $157,000 $13,500 $143,500
2020 $4,148 $150,000 $13,500 $136,500
2019 $2,158 $150,000 $13,500 $136,500
2018 $3,612 $130,000 $13,500 $116,500
2017 $3,665 $130,000 $5,400 $124,600
2016 $3,685 $130,000 $5,400 $124,600
2015 -- $130,000 $5,400 $124,600
2014 -- $130,000 $5,400 $124,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Linda Santos

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 227-6062

    1 in this area

    85 Total Sales

    Linda Santos
    Section Image
  • Justin Kimball

    Buyer's Agent in 2023

    Justin Kimball

    Howard Hanna S Tier Inc

    (607) 592-2475

    2 in this area

    16 Total Sales

    Justin Kimball
    Section Image
  • Kelly Skeval

    Seller's Agent in 2020

    Kelly Skeval

    Howard Hanna S Tier Inc

    (607) 382-1343

    1 in this area

    106 Total Sales

    Kelly Skeval
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB408011

APN: 503089-058-001-0001-046-000-0000

New York Tompkins County Ithaca 14850

46 Penny Ln, Ithaca, NY

Not Listed for Sale

Detached

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