$326,000
SOLD APR 21, 2025

97 Penny Ln Ithaca, NY 14850

2 Beds
1.5 Baths
1,232 Sq Ft
$335/mo HOA Fee

Recently Sold

$265 Per Sq Ft

7% Above List Price

27 Days on Market

Highlights

  • Clubhouse
  • Deck
  • 1 Car Detached Garage
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of April 2025

Nestled adjacent to the tranquil, naturally preserved Six Mile Creek Natural Area, this charming 2-story townhouse offers the perfect blend of modern comfort & eco-conscious living. With 2 spacious bedrooms and 1 1/2 fully renovated Carrera marble bathrooms, the home is designed for convenience and style. Primary bedroom has a wall mounted TV that will convey. The open-concept layout flows seamlessly, with large windows that invite natural light and showcase the serene surroundings. All-electric utilities, superior insulation, & environmentally-friendly materials throughout offer both comfort & efficiency. The home is ideally situated close to a bus stop & the East Hill Recreation Way, providing easy access for quick commutes to school, University & shopping. Enjoy the peaceful sounds of nature from your private deck, or take a short walk to explore the beautiful trails & preserved landscapes right outside your door. Ideal for those seeking a quiet, sustainable lifestyle, this townhouse offers the perfect retreat in harmony with the environment. Relax knowing the monthly $335 HOA fee covers exterior maintenance, snow & trash removal, lawn care, water & sewer and community space. Please visit for more details about this unique community. Call your agent for a showing today.

Last Agent to Sell the Property

Allison Hogue

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-342-4065 License #10301218831 Listed on: 03/11/2025

Last Buyer's Agent

Jordan Jacobsen

Warren Real Estate of Ithaca Inc. License #10401218032

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,758

Year Built

  • Built in 1986

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Carport
  • Assigned Parking

Home Design

  • Frame Construction
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • French Doors

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Schools

  • Belle Sherman Elementary School
  • Dewitt Middle School
  • Ithaca Senior High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 503089-058-001-0001-097-000-0000

Community Details

Overview

  • Association fees include common area insurance, maintenance structure, sewer, snow removal, trash, water
  • Commonland Property Mgt Association, Phone Number (908) 902-5216
  • Section 581 Subdivision
  • The community has rules related to deed restrictions
  • Greenbelt

Amenities

  • Clubhouse

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,758

Year Built

Built in 1986

Lot Details

0

HOA Fees

$335 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Lot Size: 25X65
  • Road Frontage Type: City Street
  • Subdivision Name: Section 581
  • Directions: Slaterville Rd/Route 79 between Honness Lane and Pine Tree Rd - enter Commonland on Lois Lane. At stop sign go right on Penny Lane. 97 is in the last group of dark brown townhouses on the left.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Appliances
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1986
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium,Townhouse
  • Attribution Contact: 607-342-4065
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Gas Oven, Gas Range, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Luxury Vinyl, Varies, Vinyl
  • Interior Amenities: Breakfast Bar, French Door(s)/Atrium Door(s), Separate/Formal Living Room, Galley Kitchen, Living/Dining Room, Natural Woodwork
  • Living Area: 1232.0
  • Main Level Bathrooms: 1
  • Dining Room Type: Laundry, Living Room
  • Stories: 2

Exterior Features

  • Lot Features: Greenbelt, Rectangular, Residential Lot
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Cedar, Frame
  • Exterior Features: Deck
  • Patio And Porch Features: Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Carport, Detached, Garage, Other, One Space, See Remarks

Utilities

  • Laundry Features: Main Level
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected
  • Utilities: Electricity Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Clubhouse
  • Association Fee: 335.0
  • Association Fee Frequency: Monthly
  • Association Name: Commonland Property Mgt
  • Phone: 908 902-5216
  • Pets Allowed: Cats OK, Dogs OK, Number Limit

Fee Information

  • Association Fee Includes: Common Area Insurance, Maintenance Structure, Sewer, Snow Removal, Trash, Water

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Lot Size Sq Ft: 1742.0
  • Parcel #: 503089-058-001-0001-097-000-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5758.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Apr 18, 2023
Sold by
Marmor Andres
Bought by
Robert & Danette Ward Lt and Ward
Seller's Agent
Kathleen Seaman
Warren Real Estate of Ithaca Inc.
Buyer's Agent
Allison Hogue
Warren Real Estate of Ithaca Inc.
List Price
$242,000
Sold Price
$297,000
Premium/Discount to List
$55,000
22.73%
Current Estimated Value
$338,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,012
Avg. Annual Appreciation
5.02%

Purchase Details

Listed on
May 4, 2016
Closed on
Jul 8, 2016
Sold by
Garvey Bernard I
Bought by
Marmor Andres
Seller's Agent
Hilda Moleski
Warren Real Estate of Ithaca Inc. (Downtown)
Buyer's Agent
Lucy Missirian
Warren Real Estate of Ithaca Inc.
List Price
$184,900
Sold Price
$180,000
Premium/Discount to List
-$4,900
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
May 26, 2010
Sold by
Baker Helen M
Bought by
Garvey Bernard I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,450
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2003
Sold by
Kindig Constance L
Bought by
Baker Helen M

Purchase Details

Closed on
May 9, 1994
Sold by
Marciano John
Bought by
Kindig Constance 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 Type Sale Price Title Company
Warranty Deed $297,000 None Available
Deed $180,000 Albanese Jonathan O
Deed $157,000 William Crane
Deed $88,900 Jack Moore
Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $133,450 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2025 04/21/25 Sold $326,000 +6.9% $265 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $305,000 +2.7% $248 / Sq Ft
04/18/2023 04/18/23 Sold $297,000 +22.7% $241 / Sq Ft View Prior Sale
03/19/2023 03/19/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $242,000 +34.4% $196 / Sq Ft
07/08/2016 07/08/16 Sold $180,000 -2.7% $146 / Sq Ft View Prior Sale
06/08/2016 06/08/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $184,900 -- $150 / 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 $7,467 $295,000 $15,250 $279,750
2023 $6,325 $225,000 $15,250 $209,750
2022 $6,339 $225,000 $15,250 $209,750
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 $5,232 $167,000 $15,250 $151,750
2017 $2,407 $167,000 $6,100 $160,900
2016 $5,360 $167,000 $6,100 $160,900
2015 -- $160,000 $6,100 $153,900
2014 -- $160,000 $6,100 $153,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1591593

APN: 503089-058-001-0001-097-000-0000