NOT LISTED FOR SALE

48 Penny Ln Ithaca, NY 14850

Estimated Value: $289,000 - $355,000

3 Beds
2.5 Baths
1,716 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 18, 2015

Last sale price $203,000 $118 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,319/month

70 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Home Office
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of June 2015

Comfort, convenience, and beauty converge in this up to date 1700+ SF town-home. New hardwood floors & gorgeous black tile downstairs. Office at entry, leads to comfy living/dining & kitchen made winter-cozy with gas heating stove. Walk-in closets in both bedrooms, & each has en suite bath. Addt'l 1/2 bath down. Walk-in pantry big enough for laundry and H2O heater too. Ductless AC units. Custom wood Levelor blinds throughout. Panoramic west hill & sunset views. Public open house 3/28 12:30-2pm. On bus route and close to Cornell University, Ithaca College & Downtown.

Last Agent to Sell the Property

Linda Santos

Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Email: Santos@WarrenHomes.com License #40SA1150031 Listed on: 03/09/2015

Last Buyer's Agent

Jill Burlington

Warren Real Estate of Ithaca Inc. License #30BU0950986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 1985

Lot Details

  • 1,742

Parking

  • 1 Car Detached Garage
  • Carport

Home Design

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

Interior Spaces

  • 1,716 Sq Ft Home
  • Home Office

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Belle Sherman Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Deck
  • Lot Dimensions are 22x68

Community Details

  • Commonland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503089 58.1-1-48

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,028

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 22X68
  • Water Body Name: None
  • Subdivision Name: COMMONLAND
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Efficiency: Windows
  • Year Built: 1985
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: Santos@WarrenHomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Interior Amenities: Home Office, Other, See Remarks
  • Living Area: 1716.0
  • Dining Room Type: Office

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Carport, Detached, Garage

Utilities

  • Cooling: Other, See Remarks
  • Heating: Ductless, Electric, Other, See Remarks, 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

  • Parcel #: 503089 58.1-1-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5028.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2015
Closed on
Jun 17, 2015
Sold by
Theobald Anne
Bought by
Cozzarelli Julia
Seller's Agent
Linda Santos
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Jill Burlington
Warren Real Estate of Ithaca Inc.
List Price
$209,000
Sold Price
$203,000
Premium/Discount to List
-$6,000
-2.87%
Current Estimated Value
$328,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,618
Avg. Annual Appreciation
4.68%
Original Mortgage
$110,000
Interest Rate
3.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2011
Sold by
Yasuda Koji
Bought by
Theobald Anne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 12, 2007
Sold by
Hamilton Patricia M
Bought by
Yasuda Koji

Purchase Details

Closed on
Oct 24, 2005
Sold by
Allen Clifford L
Bought by
Hamilton Patricia M

Purchase Details

Closed on
Sep 11, 2002
Sold by
Kimes Sheryl E
Bought by
Allen Clifford L
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
Cozzarelli Julia $203,000 Joseph W Allen
Theobald Anne L $173,500 Don Crittenden
Yasuda Koji $179,900 Randall Marcus
Hamilton Patricia M $143,000 Don Crittenden
Allen Clifford L $72,000 Amy Emerson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cozzarelli Julia $110,000
Previous Owner Theobald Anne L $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2015 06/18/15 Sold $203,000 -2.9% $118 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $209,000 -- $122 / 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 $7,227 $285,000 $13,500 $271,500
2023 $7,119 $255,000 $13,500 $241,500
2022 $7,083 $255,000 $13,500 $241,500
2021 $6,242 $205,000 $13,500 $191,500
2020 $6,247 $205,000 $13,500 $191,500
2019 $2,846 $205,000 $13,500 $191,500
2018 $6,216 $200,000 $13,500 $186,500
2017 $6,340 $200,000 $5,400 $194,600
2016 $6,382 $200,000 $5,400 $194,600
2015 -- $175,000 $5,400 $169,600
2014 -- $175,000 $5,400 $169,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB300938

APN: 503089-058-001-0001-048-000-0000