$310,000
OPEN SUN 11AM - 1PM

88 Penny Ln Ithaca, NY 14850

Estimated payment $2,468/month

Total Views 1,777
1 Bed
1 Bath
1,050 Sq Ft
$295 Price per Sq Ft

Highlights

  • Very Popular Property
  • Deck
  • Granite Countertops
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Home Office

About This Home

A beautifully updated, low-maintenance townhome designed to make everyday living effortless. Unit 88 is perfectly positioned with direct access to Six Mile Creek, as well as offering miles of connected trails right outside your door. Enjoy a peaceful, nature-filled lifestyle while remaining close to everything Ithaca has to offer. Step inside to a fully renovated first floor featuring new appliances, new flooring, new lighting, and efficient mini-splits for year-round comfort. The main level is further enhanced with new granite countertops and updated fixtures. Upstairs, you’ll find soft padded stairs, fresh carpeting, a spacious bedroom with a walk-in closet, and a versatile loft area ideal for an office, reading nook, yoga/meditation space, or hobby room. Outdoor living is a highlight, with east- and west-facing decks perfect for enjoying both sunrises and sunsets. A dedicated carport adds everyday convenience and protection from the elements and is available for a fee. The location is exceptional: just 5 minutes to Cornell via Pine Tree Road, 10 minutes to Downtown Ithaca, and TCAT bus service is available right at the entrance off Route 79, making commuting simple and reliable.

Listing Agent

Melissa Shames

Howard Hanna S Tier Inc Brokerage Phone: 607-227-5323 License #10401258536 Listed on: 11/13/2025

Howard Hanna S Tier Inc

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,929

Year Built

  • Built in 1986

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 25x65
  • Rectangular Lot

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Driveway

Home Design

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

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Belle Sherman Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 503089-058-001-0001-088-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,929

Year Built

Built in 1986

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Lot Size: 25X65
  • Road Frontage Type: City Street
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1986
  • Attribution Contact: 607-227-5323
  • Special Features: 4097
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile, Varies
  • Interior Amenities: Granite Counters, Home Office, Living/Dining Room
  • Living Area: 1050.0
  • Dining Room Type: Office
  • Stories: 2

Exterior Features

  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Blacktop Driveway, Deck
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Carport

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless, Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 340.0
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 1742.0
  • Parcel #: 503089-058-001-0001-088-000-0000

Tax Info

  • Tax Annual Amount: 5929.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,786 $225,000 $15,250 $209,750
2023 $5,663 $200,000 $15,250 $184,750
2022 $5,618 $200,000 $15,250 $184,750
2021 $4,945 $160,000 $15,250 $144,750
2020 $4,937 $160,000 $15,250 $144,750
2019 $2,283 $160,000 $15,250 $144,750
2018 $4,427 $140,000 $15,250 $124,750
2017 $4,499 $140,000 $6,100 $133,900
2016 $4,524 $140,000 $6,100 $133,900
2015 -- $140,000 $6,100 $133,900
2014 -- $140,000 $6,100 $133,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 For Sale $310,000 +44.9% $295 / Sq Ft
01/21/2022 01/21/22 Sold $214,000 -4.9% $204 / Sq Ft View Prior Sale
12/22/2021 12/22/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $225,000 +60.7% $214 / Sq Ft
05/01/2014 05/01/14 Sold $140,000 -5.4% $133 / Sq Ft View Prior Sale
04/01/2014 04/01/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $148,000 -- $141 / Sq Ft
Source: Ithaca Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $214,000 None Available
Deed $140,000 Sharon Sulimowicz
Deed $87,500 Randal Marcus
Land Contract $62,125 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 Unknown
Source: Public Records

About the Listing Agent

Melissa Shames

Howard Hanna S Tier Inc

(607) 669-2782

Section Image

If the words Knowledgeable Responsive, Resourceful hardworking and fun connect with you. I am here to help guide and support you through your Real Estate process. I am passionate about all things Real Estate and have lived in Ithaca over 30 plus years.

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Source: Ithaca Board of REALTORS®

MLS Number: R1649204

APN: 503089-058-001-0001-088-000-0000