7 Penny Ln Ithaca, NY 14850
East Ithaca AreaEstimated payment $2,280/month
Highlights
- 1 Fireplace
- Open Floorplan
- Woodwork
- Corner Lot
- Granite Countertops
- Breakfast Bar
About This Home
Welcome to easy, convenient living in this charming townhouse located in the highly desirable Commonland community of Ithaca. Unbeatable location and lifestyle. Nature at your doorstep: just steps away from access to scenic Six Mile Creek. Enjoy acres of surrounding nature, waterfalls, and pristine hiking trails right outside your neighborhood. Unbeatable proximity to Cornell University, Ithaca College, and downtown Ithaca. Move effortlessly around with quick access to NYS Route 79 and nearby TCAT bus line. Whether you are a professional looking for a short commute, a first time homebuyer, or someone wanting to downsize into a low maintenance property, 7 Penny Lane delivers an ideal Ithaca lifestyle. Featuring a Premium End Unit: Enjoy extra privacy, added natural light, and a quieter living experience. With a view of the woods right outside your new Anderson windows. Covered Parking: Keep your vehicle protected from the elements in your private carport. With Nature at Your Doorstep steps away from scenic acres of surrounding nature, waterfalls, and pristine hiking trails right outside your neighborhood. Located at the end of the complex, off the main road, Includes energy efficient, propane heating stove that is grandfathered in. Updated kitchen with granite countertops, and in unit laundry conveniently placed upstairs
Listing Agent
Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-227-3132 License #10371201153 Listed on: 06/05/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,485
Year Built
- Built in 1985
HOA Fees
- $370 Monthly HOA Fees
Parking
- 1 Car Garage
- Carport
- Assigned Parking
Home Design
- Slab Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,152 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- 1 Fireplace
- Family Room
- Open Floorplan
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Range Hood
- Recirculated Exhaust Fan
- Microwave
- Granite Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Schools
- Belle Sherman Elementary School
- Dewitt Middle School
- Ithaca Senior High School
Utilities
- Air Filtration System
- Cooling System Mounted In Outer Wall Opening
- Zoned Heating and Cooling
- Heating System Uses Propane
- Heating System Powered By Leased Propane
- Baseboard Heating
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Patio
- Rectangular Lot
Listing and Financial Details
- Assessor Parcel Number 503089-058-001-0001-007-000-0000
Community Details
Overview
- Association fees include common area maintenance, trash
- Ccra, Inc. Association, Phone Number (607) 351-1596
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | -- | $225,000 | $14,750 | $210,250 |
| 2024 | $5,288 | $225,000 | $14,750 | $210,250 |
| 2023 | $5,165 | $200,000 | $14,750 | $185,250 |
| 2022 | $5,180 | $200,000 | $14,750 | $185,250 |
| 2021 | $4,591 | $165,000 | $14,750 | $150,250 |
| 2020 | $4,585 | $165,000 | $14,750 | $150,250 |
| 2019 | $2,346 | $165,000 | $14,750 | $150,250 |
| 2018 | $3,910 | $140,000 | $14,750 | $125,250 |
| 2017 | $3,971 | $140,000 | $5,900 | $134,100 |
| 2016 | $3,994 | $140,000 | $5,900 | $134,100 |
| 2015 | -- | $130,000 | $5,900 | $124,100 |
| 2014 | -- | $130,000 | $5,900 | $124,100 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2026 08/04/26 | Price Changed | $264,900 | -1.9% | $230 / Sq Ft |
| 06/05/2026 06/05/26 | For Sale | $269,900 | -- | $234 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $120,000 | William Crane | |
| Deed | $57,000 | Don Crittenden |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $76,000 | Unknown |
Source: Ithaca Board of REALTORS®
MLS Number: R1688040
APN: 503089-058-001-0001-007-000-0000
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Ask me questions while you tour the home.