NOT LISTED FOR SALE

5 Penny Ln Ithaca, NY 14850

Estimated Value: $203,356 - $221,000

2 Beds
1 Bath
864 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $120,000 $139 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,228/month

24 Days on Market

Highlights

  • Beach Access
  • Contemporary Architecture
  • Entrance Foyer
  • South Hill School Rated A-
  • Patio
  • Ceramic Tile Flooring

About This Home

As of September 2014

Welcome to your future Commonland condo! And just in time to watch the seasons change through your lovely living room picture window! This tastefully appointed residence, at an affordable price, has been lovingly maintained and features upgrades, including air conditioning (thank you very much); a fabulous flagstone patio, a new Bosch dishwasher, and more. Just move right in. If you enjoy nature youll love the Commonlands luscious flora and fauna, from the hiking trails to the green common areas. Easy access (on bus route) to downtown; Cornell & IC; and East Hill Plaza for shopping.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 871 Sq Ft Lot
  • Partially Fenced Property

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • Entrance Foyer

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Beach Access
  • Patio

Schools

  • Belle Sherman Elementary School

Utilities

  • Baseboard Heating
  • High Speed Internet

Community Details

  • Commonland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503089 58.1-1-5

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Water Body Name: None
  • Subdivision Name: Commonland
  • Directions: Take 79 to Commonland, right on Lois Lane, left onto Penny Lane.
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Efficiency: Windows
  • Year Built: 1984
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: josephsteuer@me.com
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Laminate, Varies
  • Interior Amenities: Entrance Foyer
  • Living Area: 864.0
  • Dining Room Type: Entry/Foyer

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage

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 58.1-1-5
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2014
Closed on
Sep 30, 2014
Sold by
Macdonald Anne
Bought by
Carr Lynn
List Price
$122,500
Sold Price
$120,000
Premium/Discount to List
-$2,500
-2.04%
Current Estimated Value
$214,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,089
Avg. Annual Appreciation
5.24%

Purchase Details

Closed on
Jul 9, 2007
Sold by
Bogdanoff Mark T
Bought by
Macdonald Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 14, 2005
Sold by
Pride Howard B
Bought by
Bogdanoff Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2000
Sold by
Yennie Scott D
Bought by
Pride Howard B
Source: Public Records
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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
Carr Lynn $120,000 Jonathan O. Albanese
Macdonald Anne $103,000 William Crane
Bogdanoff Mark T $85,900 Virginia Reei
Pride Howard B $34,000 Albanese Jonathan O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macdonald Anne $103,000
Previous Owner Bogdanoff Mark T $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $120,000 -2.0% $139 / Sq Ft
08/31/2014 08/31/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $122,500 -- $142 / Sq Ft
Source: Ithaca Board of REALTORS®

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 $1,365 $165,000 $10,250 $154,750
2023 $1,410 $150,000 $10,250 $139,750
2022 $1,325 $150,000 $10,250 $139,750
2021 $1,214 $125,000 $10,250 $114,750
2020 $1,194 $125,000 $10,250 $114,750
2019 $1,194 $125,000 $10,250 $114,750
2018 $1,152 $120,000 $10,250 $109,750
2017 $1,141 $120,000 $4,100 $115,900
2016 $1,155 $120,000 $4,100 $115,900
2015 -- $120,000 $4,100 $115,900
2014 -- $105,000 $4,100 $100,900
Source: Public Records

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB141701

APN: 503089-058-001-0001-005-000-0000

New York Tompkins County Ithaca 14850

5 Penny Ln, Ithaca, NY

Not Listed for Sale

Detached

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