108 Penny Ln
Ithaca, NY 14850
East Ithaca- 3 Beds
- 2.5 Baths
- 2,204 sqft (on 0.34 acres)
3 Beds
2.5 Baths
2,204 sqft
(on 0.34 acres)
Local Information
-- mins to
Description
The 3 BR & 2.5 BA freestanding home with no HOA overlooks a beautiful natural landscaped yard w/ .336 acres allows for room to garden & play! Enjoy 3 floors of living space! Walk into a formal entry way & be greeted w/ a cathedral ceiling highlighting a stunning wall of large windows & a sliding glass door to the deck which provides tons of natural light illuminating the open floor plan & the maple hardwood floors. The great room area has floor to ceiling built-in bookshelves & a gas fireplace, the primary bedroom upstairs has an ensuite Jack & Jill bathroom, walk-in closets in every bedroom, spacious family room in the lower level & a 1-car detached garage are all features to love. Recent improvements made in the fall of '23: painted garage & upper facias; living area & bedrooms were freshly painted; hot water heater & new carpet in the lower level. The property is conveniently located near Cornell University, Six Mile Creek hiking trails, Belle Sherman Elementary & TCAT bus stop.
108 Penny Ln, Ithaca, NY 14850 is a 3 bedroom, 3 bathroom, 2,204 sqft single-family home in East Ithaca, built in 1988. It last sold for $385,000 on Jan 25, 2024 (3% below the $395,000 asking price). It is currently off market. The Trulia Estimate is $446,900, with a rent estimate of $3,146/month.
Home Highlights
Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 108 Penny Ln
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MLS Status: Closed |
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Interior Details Basement: Full,Finished,Partially FinishedNumber of Rooms: 9Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Foyer, Great Room, Kitchen, Laundry, Storage Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 2204 Square Feet |
Appliances & Utilities Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Gas Oven, Gas Range, Refrigerator, Range Hood, WasherDishwasherDisposalDryerLaundry: In BasementRefrigeratorWasher |
Heating & Cooling Heating: Electric,Propane,Other,See Remarks,BaseboardHas CoolingAir Conditioning: Window Unit(s),Wall Unit(s)Has HeatingHeating Fuel: Electric |
Fireplace & Spa Number of Fireplaces: 1Has a Fireplace |
Windows, Doors, Floors & Walls Door: Sliding DoorsFlooring: Carpet, Ceramic Tile, Hardwood, Varies |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Ceramic Tile, Hardwood, Varies |
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Exterior Home Features Roof: AsphaltPatio / Porch: DeckExterior: Blacktop Driveway, Deck, Propane Tank - Leased |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Detached,Garage,Garage Door Opener |
Frontage Road Frontage: City Street, Main ThoroughfareNot on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 20 |
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Year Built Year Built: 1988 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary |
Building Construction Materials: Wood Siding |
Property Information Condition: ResaleParcel Number: 50308905800100011080000000 |
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Price List Price: $395,000 |
Status Change & Dates Off Market Date: Sun Nov 19 2023Possession Timing: Close Of Escrow |
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Direction & Address City: Ithaca TownCommunity: Commonland Crescent Sub |
School Information Elementary School: Belle ShermanElementary School District: IthacaJr High / Middle School District: IthacaHigh School District: Ithaca |
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Building Area Building Area: 2204 Square Feet |
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Not Senior Community |
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Association for this Listing: Ithaca Board of Realtors |
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Lot Area: 0.34 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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BasementMls Number: R1506936Living Area Range Units: Square FeetUniversal Property Id: US-36109-N-50308905800100011080000000-R-N |
Last check for updates: about 16 hours ago
Listed by Lindsay Lustick Garner, (607) 227-7456
Linz Real Estate
Bought with: Ellen Morris-Knower, (607) 244-4814, Howard Hanna S Tier Inc
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1506936

Price History for 108 Penny Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 01/25/2024 | $385,000 | Sold | NYSAMLSs #R1506936 |
| 12/28/2023 | $395,000 | Pending | ITMLS #R1506936 |
| 11/19/2023 | $395,000 | Contingent | ITMLS #R1506936 |
| 10/30/2023 | $395,000 | Listed For Sale | ITMLS #411518 |
| 02/22/2017 | $284,450 | Sold | NYSAMLSs #IB308046 |
| 12/06/2016 | $290,000 | Pending | Agent Provided |
| 11/14/2016 | $290,000 | Listed For Sale | Agent Provided |
| 06/01/2012 | $211,000 | Sold | N/A |
| 03/24/2010 | $248,500 | ListingRemoved | Agent Provided |
| 01/23/2010 | $248,500 | Listed For Sale | Agent Provided |
| 11/03/2009 | $248,500 | ListingRemoved | Agent Provided |
| 07/10/2009 | $248,500 | Listed For Sale | Agent Provided |
| 08/16/2006 | $235,500 | Sold | N/A |
| 01/17/2003 | $143,000 | Sold | N/A |
| 05/09/2000 | $106,000 | Sold | N/A |
Market trends in Ithaca
Last updated May 2026
Avg. sale price
$404K
$17.17KMoM
Sale-to-List Price
—
Price per sq ft
$229
$1MoM
Available listings
156
25MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $385,000 |
Home facts updated by county records
Comparable Sales for 108 Penny Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $395,000 | 09/18/25 | 3 | 2.5 | 1,940 | |
0.02 | Single-Family Home | $338,000 | 10/08/25 | 2 | 2 | 1,536 | |
0.19 | Single-Family Home | $400,000 | 11/25/25 | 4 | 2.5 | 1,852 | |
0.25 | Single-Family Home | $383,500 | 06/05/26 | 2 | 2 | 1,284 | |
0.44 | Single-Family Home | $455,000 | 09/30/25 | 3 | 2 | 1,637 | |
0.38 | Single-Family Home | $580,000 | 08/20/25 | 3 | 3.5 | 3,420 | |
0.63 | Single-Family Home | $585,129 | 06/25/26 | 4 | 2 | 2,689 | |
0.69 | Single-Family Home | $378,000 | 12/09/25 | 4 | 2.5 | 2,576 | |
0.81 | Single-Family Home | $505,000 | 09/18/25 | 3 | 2 | 2,043 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 108 Penny Ln.
What Locals Say about East Ithaca
At least 2 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say it's quiet
100 % Say car is needed
100 % Say parking is easy
83 % Say there's holiday spirit
83 % Say there are sidewalks
83 % Say yards are well-kept
80 % Say it's walkable to restaurants
67 % Say kids play outside
63 % Say people would walk alone at night
57 % Say it's walkable to grocery stores
50 % Say there's wildlife
50 % Say they plan to stay for at least 5 years
50 % Say streets are well-lit
44 % Say neighbors are friendly
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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