$300,000
SOLD JAN 13, 2025

50 Penny Ln Ithaca, NY 14850

3 Beds
1.5 Baths
1,346 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$223 Per Sq Ft

52 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • 1 Car Detached Garage
  • DeWitt Middle School Rated A-
  • Balcony
  • Cul-De-Sac

About This Home

As of January 2025

Move-in-ready 3 bedroom, 1.5 bath townhouse only minutes to Cornell and Downtown Ithaca! Home features updated SS appliances, new laminate floors and wall to wall carpet floors, new toilets and fresh paint. Carefree homeownership with HOA fees covering water, sewer, roof, exterior structural maintenance, parking, garbage, landscaping and snow removal. One car carport and stackable laundry adds to easy living. Just a few steps to bus stop, trails for hiking, restaurants and all Ithaca has to offer. Gorgeous distant views enjoyed from a balcony. Community house and pond. Learn more about the community at the Commonland Ithaca website. SQFT sourced from photographer floorplans. Seller will consider offers on 11/29.

Last Agent to Sell the Property

Kathleen Seaman

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-280-3339 License #30SE0908346 Listed on: 10/18/2024

Last Buyer's Agent

Amy Wood Gonzalez

Warren Real Estate of Ithaca Inc. License #30WO0981874

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,015

Year Built

  • Built in 1985

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 25x65
  • Cul-De-Sac

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Carport
  • Shared Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,346 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Belle Sherman Elementary School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near public transit

Community Details

  • Section 581 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503089-058-001-0001-050-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,015

Year Built

Built in 1985

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Lot Size: 25X65
  • Road Frontage Type: City Street
  • Subdivision Name: Section 581
  • Directions: From Route 79 turn onto Lois Lane, at first intersection take a left on Penny Lane, and a quick left at the first driveway, house is the end unit.
  • Architectural Style: Contemporary, Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1985
  • ResoBuildingAreaSource: SeeRemarks
  • Attribution Contact: 607-280-3339
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1985

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Varies, Vinyl
  • Interior Amenities: Living/Dining Room
  • Living Area: 1346.0
  • Main Level Bathrooms: 1
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Lot Features: Cul-De-Sac, Near Public Transit, Residential Lot
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Balcony
  • Foundation Details: Block
  • Patio And Porch Features: Balcony
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Carport, Detached, Garage, Shared Driveway

Utilities

  • Laundry Features: Main Level
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other, See Remarks
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 503089-058-001-0001-050-000-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7015.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2020
Sold by
Moore Caroline T
Bought by
Sun Zeming
Current Estimated Value
$327,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,600
Outstanding Balance
$171,416
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,953

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jul 10, 2017
Sold by
Lin Yen-Chih
Bought by
Moore Caroline T
Seller's Agent
Claudia Lagalla
Howard Hanna S Tier Inc
List Price
$188,000
Sold Price
$184,000
Premium/Discount to List
-$4,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$147,200
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 7, 2011
Sold by
Truscello Roberta
Bought by
Lin Yen-Chih

Purchase Details

Closed on
Jan 5, 2006
Sold by
Schmale David G
Bought by
Truscello Roberta

Purchase Details

Closed on
Jul 24, 1998
Sold by
Darnowski Vincent S
Bought by
Chagnon Denis
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $214,000 None Available
Deed $184,000 Crittenden Don
Deed $150,000 Katrina Thaler Medeiros
Deed $132,500 Randall B Marcus
Deed $60,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,600 Purchase Money Mortgage
Previous Owner $147,200 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold $300,000 0.0% $223 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $300,000 +63.0% $223 / Sq Ft
07/10/2017 07/10/17 Sold $184,000 -2.1% $139 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $188,000 -- $142 / 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 $6,457 $265,000 $15,250 $249,750
2023 $6,457 $230,000 $15,250 $214,750
2022 $6,423 $230,000 $15,250 $214,750
2021 $5,665 $185,000 $15,250 $169,750
2020 $5,665 $185,000 $15,250 $169,750
2019 $2,596 $185,000 $15,250 $169,750
2018 $5,321 $170,000 $15,250 $154,750
2017 $4,892 $170,000 $6,100 $163,900
2016 $4,923 $170,000 $6,100 $163,900
2015 -- $155,000 $6,100 $148,900
2014 -- $155,000 $6,100 $148,900
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Seaman

    Seller's Agent in 2025

    Kathleen Seaman

    Warren Real Estate of Ithaca Inc.

    (607) 280-3339

    11 in this area

    199 Total Sales

    Kathleen Seaman
    Section Image

  • A

    Buyer's Agent in 2025

    Amy Wood Gonzalez

    Warren Real Estate of Ithaca Inc.

    (607) 327-2457

    2 in this area

    17 Total Sales

    Amy Wood Gonzalez
    Section Image
  • Claudia Lagalla

    Seller's Agent in 2017

    Claudia Lagalla

    Howard Hanna S Tier Inc

    (607) 342-3749

    16 in this area

    143 Total Sales

    Claudia Lagalla
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1569918

APN: 503089-058-001-0001-050-000-0000

New York Tompkins County Ithaca 14850

50 Penny Ln, Ithaca, NY

This home is located at 50 Penny Ln, Ithaca, NY 14850 and is currently priced at $300,000, approximately $222 per square foot. This property was built in 1985. 50 Penny Ln is a home located in Tompkins County with nearby schools including Belle Sherman School, DeWitt Middle School, and Ithaca Senior High School.

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