NOT LISTED FOR SALE

97 Penny Ln Ithaca, NY 14850

Estimated Value: $263,000 - $341,000

2 Beds
1.5 Baths
1,232 Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: April 21, 2025

Last sale price $326,000 $265 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,655 / mo

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

Lot Details

  • 1,742

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

1,742 Sq Ft Lot

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
  • 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, Rectangular Lot, 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

Tax Info

  • Tax Annual Amount: 5758.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Apr 18, 2023
Sold by
Bought by
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
$314,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,430
Avg. Annual Appreciation
1.81%

Purchase Details

Listed on
May 4, 2016
Closed on
Jul 8, 2016
Sold by
Bought by
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
Bought by

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
Bought by

Purchase Details

Closed on
May 9, 1994
Sold by
Bought by
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

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 Buyer Sale Price Title Company
$297,000 None Available
$180,000 Albanese Jonathan O
$157,000 William Crane
$88,900 Jack Moore
$72,000 --
Source: Public Records

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 Borrower Loan Amount
Previous Owner $133,450
Source: Public Records

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 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

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 -- $295,000 $15,250 $279,750
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

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